Summary

Portrait of Edwin Lefevre Edwin Lefevre Wall Street Stories — A Philanthropic Whisper (1916)

He was a pleasant-faced, pleasant-voiced young fellow, Treadwell thought. He was a good-hearted, jocular old fellow, unlike what he had imagined the leader of the stock market would be, Carey thought.
“Yes,” went on the colonel, “I remember your father very well. I never forget my up-the-State friends, and I am always glad to see their sons. When I ran for Congress, Bill Carey wrote red-hot editorials in my favor, and I was beaten by a large and enthusiastic majority. I haven’t seen your father in twenty-odd years—not since he went wrong and took to politics.”
Source: Wikisource

Portrait of Edwin Lefevre Edwin Lefevre Wall Street Stories — A Philanthropic Whisper (1916)

The customers in the corridor, men who, by the colonel’s advice, were “carrying” from 500 to 10,000 shares each of Easton & Allentown, leaned forward eagerly. All were men who north of Wall Street would not have stooped to listen to others’ conversations if their lives depended on it. In a broker’s office, when the leader of the stock market was speaking, such notions were absurd, almost wicked. Certainly, at that moment, twenty pairs of eyes were looking fixedly at the great leader of the stock market and the young clerk.
Source: Wikisource

Portrait of Edwin Lefevre Edwin Lefevre Wall Street Stories — A Philanthropic Whisper (1916)

Wall Street, ever loath to believe well of any stock operator, used to comment sneeringly on the fact that the world heard much about the “Treadwell buying” but never a word about the Treadwell selling.
If the colonel gave a hint to the customers there would be an avalanche of selling orders that would make the price of the stock break sharply, and this would not benefit anyone. He had advised them to buy the stock at 90 and at 95—it was 105 now. He had more than done his duty. If they did not sell out, in the hope of making more, it was their own lookout.
Source: Wikisource

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