per share, and either fearing they may go lower, or not
being able to pay even the first instalment called for by
the directors. If he is an humble tradesman, he is perhaps
eager to realise a profit obtained without labour, and hugs
him-self at the idea of the hundred crowns and the hundred
shillings he shall put into his pocket by this pleasant
process. Away he posts to Cornhill, searches out a broker,
into whose hands he puts the letter entitling him to the 100
shares, with directions to sell at the current premium. The
broker takes a turn round 'Change, finds a customer, and the
whole affair is settled in a twinkling, by an entry or two
in the broker's memorandum-book, and the drawing of a couple
of cheques. Our fortunate speculator, who is anxiously
waiting at Batson's the return of his man of business, and
spending perhaps 3s. 6d. in bad negus and tough sandwiches,
on the strength of his good luck, is then presented with a
draft on a banker for 5L. neatly folded up in a small slip
of foolscap, containing the following satisfactory
particulars:--
Sold 100 shares in the------company--nothing paid--prem. 6s. L30
Brokerage, 1/4 per cent, on 10,000L. stock 25
By cheque 5
He stares wildly at this document, utterly speechless, for
five minutes, during which the broker, after saying he shall
be happy to "do" for him another time, throws a card on the
table, and exit.
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