Well I looked in the paper and finely found where they had the prices wrote down and I seen that rumley was the cheapest and of coarse a man would be a sucker to buy some thing that was 40 and 50 a peace when you could get a hold of some thing jest as good for 8. Only I thought that the 8 ment 8 cts. a peace and not 8 dollars but when I got up to the brokers office I found out that it was 8 dollars. So I only had a $100 dollars so I told Dick I couldent only buy a bout 12 and ½ shares of Rumley so he says I should ought to buy on margins because that was what evry body was doing so I says how many shares could I get for $100 on margin and he says I could get 10 shares and then whenever the stock moved up a pt. I would make $10.
The broker I was talking to a long with Dick was a nice fellow and wanted to know all a bout what kind of famly I had and how I liked Allison and so 4th and I told him I says I like Allison OK but it wont be good enough for me after Ive cleaned you up on this here rumley deal. So he jest laughed and I supose a broker gets so as he can loose money and laugh right a long but probly where 1 mans beating him out of money hes wining from some sucker so what the diffrunts.
Well I left him my $100 and I and Dick had a few drinks and then I lade a round head quarters till 6 and then I come home. I seen a evning paper on the way and the stock was still at 8 yet but it was yesterday p.m. when I bought it and it wouldent of hardly had time to sore beffore they closed up for the day. I dident tell Grace nothing a bout it but I will keep it for a big supprise from her and some day when Ive made my pile I will drop a neat little check in her lap.
This rumley is 1 of these here war bribes Charley and its a big factory down in Ind. some wheres and there going to make riffles for the war and of coarse when that gets out in the papers evry body will want some of the stock and thats what makes it go up. Dick says he wouldent he supprised if it went up to $25 a peace in a few days but you can bet I wont leave go of it at no such figgure but will hang on and supose it done what bethleham Steal done Charley and sored up to over $500 that would make me a bout $5,000 winner. Pretty sweet hay Charley.
But Dick says they aint no real chance of it going up that high and I will be OK if it tuches 100 and for me to sell out then and I will be $920 a head of the broker on the deal. I will hold on a day or 2 even after it gets to 100 and see weather it looks like it would go up some more and I dont see why it shouldent because 100 aint only jest par and allmost all the war bribes gos way up over par.
The way they work this margin busness they aint no chance for me to loose all my money. I seen that right a way and thats the reason I got this here rumley instead of crucial steal or maxwell commons because them 2 stocks is way up a round 40 or 80 and they could drop way down to nothing though of coarse they aint much chance of that but I figgured it was better to play safe.
But I was going to tell you a bout how they work the margins. You see a man pays $100 like I done and that gives him a 10 pt. margin. Then he dont half to worry a bout no more money to put up till the stock falls off 10 pts. Well you can see where I got them nailed Charley because the stock I bought wasent only $8.00 a peace and it couldent fall down 10 pts. because they aint room enough. See Charley. I guess the broker must of been thinking a bout some thing else when he left me have it.
Well Charley it looks like my lucks changed at last. Heres hopeing old rumley beats bethleham steals record hay Charley. Regards to Mary.
Allison. Ill. Oct. 28.
Dear Chas. Well Charley old boy this stock markit games got working beat to deth and if things gos on the way they been going Im libel to tell them to take my job and jump in the lake with it and I wont do nothing else only buy and sell.
I told you a bout me geting a hold of 10 shares of rumley stock the other day and I payed
