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6) A GOLDEN SHOWER
- getting on, Sparks,” he said, taking a seat beside tled around to loan it out. His friend-the broker
-the boy banker’s desk: “I received your note in- © on that floor agreed to help him out by-borrowing
- forming. me of your successes in the market, and the whole sum on. some gilt-edged securities’ he
_ Iam pleased-to learn that so far you have not shad just bought for a customer on-margin. - Of
slipped up in any of your deals. Are you doing . ‘Fourse the loan was only a short time one, but if
”- ars
anything in the banking line yet?” >. . red could keep. on turning. his. money. over at
- “Nothing to speak of yet, sir. In fact, I have that rate often enough he was bound: to make
~ only just began to push that end-of my business. a good thing of it. he next time he called on
If I could get one’or two good’ depositors to set the Stormses he found Dora’ up and about.
the ball rolling I think things would soon begin “Yve advertised for a position,” she told him.
to look up.” co : os , “Have you? ._How much wages are you asking?”
- “Well, my boy, I think I will encourge you a “Nine or ten dollars.” : lt eS
‘little by opening an account with you for $50,- ‘Well, come down to my office and I’ll give you”
000, which I shall probably increase from time to $10.” Po, . ae
time.” : - “Are you in need. of a stenographer?” she asked
““You are very kind, sir,” replied Fred, over- with a pleased look. . ; nee .
joyed at the prospect ofcatching such an in- “Yes. Ihaven’t much for you to do just yet, but
fluential customer for a depositor. “If you will that needn’t worry you. You can kill your spare
permit me to use your name in that connection it time with a book. I’d-rather have you than any
will be a tower of strength for me. People will one else if you are willing to work for me.”
then have some confidence in my financial stand- -. “Of course I’m willing to work for you,” she
ing.” . replied, delightedly. ‘“I’ll work for $8 if you
“You are at liberty to use it, and refer to me, . are not very busy.” . we!
Sparks. Furthermore, I will recommend you ‘to “No, you won’t, Miss Dora. -I don’t pay. cut-
the notice of my friends as a rising young broker rates. I guess you and your-mother need every
worthy of encouragement and. patronage.” cent of $10, and when business improves I’ll give
’ “Mr, Opdyke, I can’t thank you enough for the you more.”
. encouragement you have already shown to me. It “You're awfully good, Mr. Sparks. Mother will
is very seldom that a young fellow like me, start- be very glad to have me in your office, and I will
ing out with comparatively an insignificant capi- be more than glad to go there.” wr,
tal, meets with a gentleman of your standing who “All right, Miss Dora. ‘Consider the matter
shows an interest in his welfare. I shall never settled. When will you be ready to:start in?” ’
forget what I owe you.” “T can come to-morrow, if you wish.” woes
“ft hasn’t cost me a cent, Sparks, to give you “Make it the day after. Ill have to get you
a friendly boost, so you meed not worry about table and a typewriter. What machine do you —
: . i, oo
‘you@obligation. How much capital hd¥e you. use?” . ,
now?” : She told him. - ,
“Kighty-five thousand dollars, sir.” . ae
_ And three months.ago you didn’t have that. -nine till three or half-past.” .
raany hundreds.” - .
“No, sir. I began business on $3,000.” _< > past five in my.other place,” she said, “and I was’
“Well, now that you are trying to establish busy every moment of the time.” ~~ re
yourself as a banker I.think a little more capital Dora ran into the kitchen to tell-her mother
wouldn’t hurt. you any. If you will buy five or of her good luck., Mrs. Storms came into the-sit-<
six thousand shares of C. & D. at the market ting-room and thanked Fred for offering. employ-
which is 75, and hold it for a few days till it ment to her daughter. : ‘
- reaches 80, you will reach the $100,000 mark. Be “You have been so good to us that I don’t know.
sure and sell out between 80 and,81, and you~ how we can ever thank you enough. . We will -
will run every little risk of.a marginal transac- ~ try to pay you the money you have already so
tion. This is a tip you can rely on.” generously advanced us.”
Fred thanked the operator for the pointer, and , “I
said he would avail himself of it at once. As you. Ihave forgotten all about it, so you needn't
soon as Mr. Opdyke took his leave the boy banker take the trouble to remind me, at least, not for
went to-his friend the broker on that floor and some time to come. You will need all the money
ordered him to purchase for his account 8,000 Miss Dora will get for her services, and should . rad:
shares of C. & D., putting up $60,000 as mar- you run behind I will gladly help you out again.”
ginal security on the deal. In less than a: week the Mother .and. daughter realized that they had” ft
price was up to. 803-8, and then -Fred ordered found a good: friend in Fred, and they tried to
it
is stock sold, which was immediately done. His assure him of their grateful appreciation of that
profit. was $40,000, making him worth $125,000. fact.
“There are a good many bankers down here do-
ing business on a much smaller capital than that,”
said Fred to himself. “All I need now are de-- . : ;
ositors to make a showing, and opportunities to CHAPTER xIT_ we
loan a proportion of my. depositors’ money out: : R XI. New Business. . a
in order to make the business pay.” : ““T see you're getti in. sorld, Fred,”
Fred had just two depositors as a starter—Will said Will, when fe pail hes fist ite te the new
Robson, $200, and Mr. Opdyke, $50,000, both office. . . :
-_—-
special. Will was to receive four per cent. and “That's what I started out to do, Will,” re-.
-the operator three percent..on that money In _ plied the young banker.
order to make the latter sum productive Fred hus- “You must” be doing some, business now to
tog e
“Your hours for the present will be half-past
“I had to work from half-past eight to half- :
hope you won’t let that little thing bother —
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