"Come to see me again, and we will talk," he added sociably.


On the ground floor of my building there was a broker's office. It was a new firm of young men, without much backing. My old friend, Dickie Pierson, was one of them, and on his account I had given the firm some business now and then. This morning, as I was hurrying back to my office, I ran into Dick standing in the door of his place. He beckoned me into the room where the New York quotations were beginning to go up on the board. He pointed to the local list of the day before; Meat Products stretched in a long string of quotations across the board, mute evidence of yesterday's slaughter.

"What's wrong with your concern?" Dick asked anxiously. "Some one is pounding it for all he is worth."

"Who were selling yesterday?"

"Stearns & Harris," he answered. (They were brokers that Strauss's crowd were known to use.)

There was a mystery here somewhere. For there could not be any considerable amount of the stock loose, now that Dround's block was locked up in Jules Carboner's safe. Yet did the Strauss crowd dare to sell it short in this brazen way? They must think it would be cheap enough soon, or they knew where they could get some stock when they wanted it.

"What's up?" Dick asked again, hovering at my elbow. I judged that he had gone into Meat Products on his own account, and wanted to know which way to jump.

"It looks bad for us," I said confidentially to Dickie. "You needn't publish this on the street." (I reckoned that the tip would be on the ticker before noon.) "But Dround has gone over to the other crowd. And probably some of our people are squeezed just now so they can't hold their Meat Products." I added some yarn about a lawsuit to make doubly sure of Dickie, and ordered him to sell a few hundred shares on my own account as a clincher.

When I reached my telephone I called up some brokers that I trusted and told them to watch the market for Meat Products stock, and pick it up quietly, leading on the gang that was pounding our issues all they could. An hour later, on my way back from the Tenth National, where I had had a most satisfactory interview with Mr. Orlando Bates, I dropped in at Dickie Pierson's place. Meat Products shares were active, and in full retreat across the broad board.