GRANT GETS INTO UNEXPECTED TROUBLE
Tom Calder was not the companion
Grant would have chosen, but there seemed no good
excuse for declining his company. He belonged
to a rather disreputable family living in the borders
of the village. If this had been all, it would
not have been fair to object to him, but Tom himself
bore not a very high reputation. He had been suspected
more than once of stealing from his school companions,
and when employed for a time by Mr. Tudor, in the
village store, the latter began to miss money from
the till; but Tom was so sly that he had been unable
to bring the theft home to him. However, he thought
it best to dispense with his services.
“What kind of a situation are
you goin’ to try for?” asked Tom, when
they were fairly on their way.
“I don’t know. They
say that beggars mustn’t be choosers.”
“I want to get into a broker’s
office if I can,” said Tom.
“Do you consider that a very
good business?” asked Grant.
“I should say so,” responded Tom, emphatically.
“Do they pay high wages?”
“Not extra, but a feller can
get points, and make something out of the market.”
“What’s that?” asked Grant, puzzled.
“Oh, I forgot. You ain’t
used to the city,” responded Tom, emphatically.
“I mean, you find out when a stock is going up,
and you buy for a rise.”
“But doesn’t that take
considerable money?” asked Grant, wondering
how Tom could raise money to buy stocks.
“Oh, you can go to the bucket shops,”
answered Tom.
“But what have bucket shops
to do with stocks?” asked Grant, more than ever
puzzled.
Tom burst into a loud laugh.
“Ain’t you jolly green, though?”
he ejaculated.
Grant was rather nettled at this.
“I don’t see how I could
be expected to understand such talk,” he said,
with some asperity.
“That’s where it is—you
can’t,” said Tom. “It’s
all like A, B, C to me, and I forgot that you didn’t
know anything about Wall Street. A bucket shop
is where you can buy stock in small lots, putting down
a dollar a share as margin. If stocks go up,
you sell out on the rise, and get back your dollar
minus commission,”
“Suppose they go down?”
“Then you lose what you put up.”
“Isn’t it rather risky?”
“Of course there’s some
risk, but if you have a good point there isn’t
much.”
This was Tom Calder’s view of
the matter. As a matter of fact, the great majority
of those who visit the bucket shops lose all they put
in, and are likely sooner or later to get into difficulty;
so that many employers will at once discharge a clerk
or boy known to speculate in this way.
“If I had any money I’d
buy some stock to-day; that is, as soon as I get to
the city,” continued Tom. “You couldn’t
lend me five dollars, could you?”
“No, I couldn’t,” answered Grant,
shortly.
“I’d give you half the profits.”
“I haven’t got the money,” Grant
explained.
“That’s a pity. The
fact is, I’m rather short. However, I know
plenty of fellows in the city, and I guess I can raise
a tenner or so.”
“Then your credit must be better
in New York than in Colebrook,” thought Grant,
but he fore-bore to say so.
Grant was rather glad the little package
of pearls was in the pocket furthest away from Tom,
for his opinion of his companion’s honesty was
not the highest.
When half an hour had passed, Tom vacated his seat.
“I’m going into the smoking
car,” he said, “to have a smoke. Won’t
you come with me?”
“No, thank you. I don’t smoke.”
“Then it’s time you began.
I’ve got a cigarette for you, if you’ll
try it.”
“Much obliged, but I am better off without it.”
“You’ll soon get over
that little-boy feeling. Why, boys in the city
of half your age smoke.”
“I am sorry to hear it.”
“Well, ta-ta! I’ll be back soon.”
Grant was not sorry to have Tom leave
him. He didn’t enjoy his company, and besides
he foresaw that it would be rather embarrassing if
Tom should take a fancy to remain with him in the city.
He didn’t care to have anyone, certainly not
Tom, learn on what errand he had come to the city.
Two minutes had scarcely elapsed after
Tom vacated his seat, when a pleasant-looking gentleman
of middle age, who had been sitting just behind them,
rose and took the seat beside Grant.
“I will sit with you if you don’t object,”
said he.
“I should be glad of your company,” said
Grant, politely.
“You live in the country, I infer?”
“Yes, sir.”
“I overheard your conversation
with the young man who has just left you. I suspect
you are not very much alike.”
“I hope not, sir. Perhaps
Tom would say the same, for he thinks me green.”
“There is such a thing as knowing
too much—that isn’t desirable to
know. So you don’t smoke?”
“No, sir.”
“I wish more boys of your age
could say as much. Do I understand that you are
going to the city in search of employment?”
“That is not my chief errand,”
answered Grant, with some hesitation. “Still,
if I could hear of a good chance, I might induce my
parents to let me accept it.”
“Where do you live, my young friend?”
“In Colebrook. My father is the minister
there.”
“That ought to be a recommendation,
for it is to be supposed you have been carefully trained.
Some of our most successful business men have been
ministers’ sons.”
“Are you in business in New
York, sir?” asked Grant, thinking he had a right
by this time to ask a question.
“Yes; here is my card.”
Taking the card, Grant learned that
his companion was Mr. Henry Reynolds and was a broker,
with an office in New Street.
“I see you are a broker, sir,”
said Grant. “Tom Calder wants to get a
place in a broker’s office.”
“I should prefer that he would
try some other broker,” said Mr. Reynolds, smiling.
“I don’t want a boy who deals with the
bucket shops.”
At this point Tom re-entered the car,
having finished his cigarette. Observing that
his place had been taken, he sat down at a little
distance.
“When you get ready to take
a place,” said the broker, “call at my
office, and though I won’t promise to give you
a place, I shall feel well disposed to if I can make
room for you.”
“Thank you, sir,” said
Grant, gratefully. “I hope if I ever do
enter your employment, I shall merit your confidence.”
“I have good hopes of it.
By the way, you may as well give me your name.”
“I am Grant Thornton, of Colebrook,” said
our hero.
Mr. Reynolds entered the name in a
little pocket diary, and left the seat, which Tom
Calder immediately took.
“Who’s that old codger?” he asked.
“The gentleman who has just left me is a New
York business man.”
“You got pretty thick with him, eh?”
“We talked a little.”
Grant took care not to mention that
Mr. Reynolds was a broker, as he knew that Tom would
press for an introduction in that case.
When they reached New York, Tom showed
a disposition to remain with Grant, but the latter
said: “We’d better separate, and we
can meet again after we have attended to our business.”
A meeting place was agreed upon, and Tom went his
way.
Now came the difficult part of Grant’s
task. Where should he go to dispose of his pearls?
He walked along undecided, till he came to a large
jewelry store. It struck him that this would be
a good place for his purpose, and he entered.
“What can I do for you, young
man?” asked a man of thirty behind the counter.
“I have some pearl ornaments
I would like to sell,” said Grant.
“Indeed,” said the clerk,
fixing a suspicious glance upon Grant; “let
me see them.”
Grant took out the necklace and bracelets,
and passed them over. No sooner had he done so
than a showily dressed lady advanced to the place
where he was standing, and held out her hand for the
ornaments, exclaiming: “I forbid you to
buy those articles, sir. They are mine.
The boy stole them from me, and I have followed him
here, suspecting that he intended to dispose of them.”
“That is false,” exclaimed
Grant, indignantly. “I never saw that woman
before in my life.”
“So you are a liar as well as
a thief!” said the woman. “You will
please give me those pearls, sir.”
The clerk looked at the two contestants
in indecision. He was disposed to believe the
lady’s statement.