One day Callie came to Fred and told him of a tip she had got hold of. It was M. & C. Fred went to see Broker Bowles, and asked him to buy 3,000 shares of M. & C. for him. The broker bid in the amount of shares Fred wanted. The price soon went up to 90, and then Bowles sold him out. The next day Fred and Bob visited Bowles, who gave them a statement showing they had made $170,000 profit.
"Mr. Bowles," said Fred, "Risley & Cohn have failed. If their office is to rent please rent it for five years for Halsey & Co., and buy all the furniture. Pay a year's rent in advance."
CHAPTER VII.–Halsey & Company Open a Bank.
"Bob, I'm going to resign," said Fred, when they came out from Bowles' office.
"Resign what?"
"My place at Tracey's."
"Well, I think you can afford to."
"Yes. We can go in on our own hook now," and he went over to the office and told the gruff old broker he wanted to quit.
"What's the matter?" Tracey asked.