THE FINANCIER 
titularly the Northern Pacific, was a great center, and 
that of the local street-car securities was another, for 
of these many knew much. They were considered weak 
under the present circumstances, and a great killing was 
expected. 
At this pole Cowperwood did not take his stand imme- 
diately, for he could not leave his office at once. Tar- 
gool and Rivers had been delegated to stay at the center 
of things, Joseph and Edward to hover around on the 
outside and to pick up such opportunities of selling as 
might offer a reasonable return on the stock. The bears 
were determined to jam things down, and it all depended 
on how well the agents of Mollenhauer, Simpson, Butler, 
and others supported things in the street-railway world 
whether those stocks retained any strength or not. The 
last thing Butler had said the night before was that they 
would do the best they could. They would buy up to 
a certain point. Whether they would support the market 
indefinitely he would not say. He could not vouch for 
Mollenhauer and Simpson. Nor did he know the condi- 
tion of their affairs. Cowperwood remained at his office, 
or rather in the street, visiting the various banks and trust 
companies where he had loans, and seeing how much he 
could raise on his house, his real estate, and some govern- 
ment bonds which he had. 
At the pole where his lieutenants were stationed, things 
were raging. Walnut and Chestnut, one of the Simpson 
lines, opened at ninety, but dropped immediately to 
eight-four, for there were scores of offers from wild-eyed 
bears who were anxious to profit here—" Eighty-nine! 
Eighty-eight! Eighty-seven! Eighty-six! Eighty-five! 
Eighty-four!" " Any part of three thousand at eighty- 
four," some one was calling, and it meant that there 
was terrific unloading here on the part of some fright- 
ened speculator. Martin Schreyer, an operator, was buy- 
ing for Simpson's broker, and he called, defiantly, "Take 
the lot " ; but he no sooner did so than he was confronted 
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