The Pit Part 13

"'Sell fifty May at three-quarters."

Suddenly some instinct warned Landry that another break was coming. It was in the very air around him. He could almost physically feel the pressure of renewed avalanches of wheat crowding down the price.

Desperate, he grabbed Paterson by the shoulder.

"'Sell fifty May at five-eighths."

"Take it," vociferated the other, as though answering a challenge.

And in the heart of this confusion, in this downward rush of the price, Luck, the golden G.o.ddess, pa.s.sed with the flirt and flash of glittering wings, and hardly before the ticker in Gretry's office had signalled the decline, the memorandum of the trade was down upon Landry's card and Curtis Jadwin stood pledged to deliver, before noon on the last day of May, one million bushels of wheat into the hands of the representatives of the great Bulls of the Board of Trade.

But by now the real business of the morning was over. The Pit knew it.

Grossmann, obstinate, hypnotized as it were by one idea, still stood in his accustomed place on the upper edge of the Pit, and from time to time, with the same despairing gesture, emitted his doleful outcry of "'Sell twenty-five May at ninety-five and three-quarters."

n.o.body listened. The traders stood around in expectant att.i.tudes, looking into one another's faces, waiting for what they could not exactly say; loath to leave the Pit lest something should "turn up" the moment their backs were turned.

By degrees the clamour died away, ceased, began again irregularly, then abruptly stilled. Here and there a bid was called, an offer made, like the intermittent crack of small arms after the stopping of the cannonade.

"'Sell five May at one-eighth."

"'Sell twenty at one-quarter."

"'Give one-eighth for May."

For an instant the shoutings were renewed. Then suddenly the gong struck. The traders began slowly to leave the Pit. One of the floor officers, an old fellow in uniform and vizored cap, appeared, gently shouldering towards the door the groups wherein the bidding and offering were still languidly going on. His voice full of remonstration, he repeated continually:

"Time's up, gentlemen. Go on now and get your lunch. Lunch time now. Go on now, or I'll have to report you. Time's up."

The tide set toward the doorways. In the gallery the few visitors rose, putting on coats and wraps. Over by the check counter, to the right of the south entrance to the floor, a throng of brokers and traders jostled each other, reaching over one another's shoulders for hats and ulsters. In steadily increasing numbers they poured out of the north and south entrances, on their way to turn in their trading cards to the offices.

Little by little the floor emptied. The provision and grain pits were deserted, and as the clamour of the place lapsed away the telegraph instruments began to make themselves heard once more, together with the chanting of the messenger boys.

Swept clean in the morning, the floor itself, seen now through the thinning groups, was littered from end to end with scattered grain--oats, wheat, corn, and barley, with wisps of hay, peanut sh.e.l.ls, apple parings, and orange peel, with torn newspapers, odds and ends of memoranda, crushed paper darts, and above all with a countless mult.i.tude of yellow telegraph forms, thousands upon thousands, crumpled and muddied under the trampling of innumerable feet. It was the debris of the battle-field, the abandoned impedimenta and broken weapons of contending armies, the detritus of conflict, torn, broken, and rent, that at the end of each day's combat enc.u.mbered the field.

At last even the click of the last of telegraph keys died down.

Shouldering themselves into their overcoats, the operators departed, calling back and forth to one another, making "dates," and cracking jokes. Washerwomen appeared with steaming pails, porters pushing great brooms before them began gathering the refuse of the floor into heaps.

Between the wheat and corn pits a band of young fellows, some of them absolute boys, appeared. These were the settlement clerks. They carried long account books. It was their duty to get the trades of the day into a "ring"--to trace the course of a lot of wheat which had changed hands perhaps a score of times during the trading--and their calls of "Wheat sold to Teller and West," "May wheat sold to Burbank & Co.," "May oats sold to Matthewson and Knight," "Wheat sold to Gretry, Converse & Co.,"

began to echo from wall to wall of the almost deserted room.

A cat, grey and striped, and wearing a dog collar of nickel and red leather, issued from the coat-room and picked her way across the floor.

Evidently she was in a mood of the most ingratiating friendliness, and as one after another of the departing traders spoke to her, raised her tail in the air and arched her back against the legs of the empty chairs. The janitor put in an appearance, lowering the tall colored windows with a long rod. A noise of hammering and the sc.r.a.pe of saws began to issue from a corner where a couple of carpenters tinkered about one of the sample tables.

Then at last even the settlement clerks took themselves off. At once there was a great silence, broken only by the harsh rasp of the carpenters' saws and the voice of the janitor exchanging jokes with the washerwomen. The sound of footsteps in distant quarters re-echoed as if in a church.

The washerwomen invaded the floor, spreading soapy and steaming water before them. Over by the sample tables a negro porter in shirt-sleeves swept entire bushels of spilled wheat, crushed, broken, and sodden, into his dust pans.

The day's campaign was over. It was past two o'clock. On the great dial against the eastern wall the indicator stood--sentinel fashion--at ninety-three. Not till the following morning would the whirlpool, the great central force that spun the Niagara of wheat in its grip, thunder and bellow again.

Later on even the washerwomen, even the porter and janitor, departed.

An unbroken silence, the peacefulness of an untroubled calm, settled over the place. The rays of the afternoon sun flooded through the west windows in long parallel shafts full of floating golden motes. There was no sound; nothing stirred. The floor of the Board of Trade was deserted. Alone, on the edge of the abandoned Wheat Pit, in a spot where the sunlight fell warmest--an atom of life, lost in the immensity of the empty floor--the grey cat made her toilet, diligently licking the fur on the inside of her thigh, one leg, as if dislocated, thrust into the air above her head.

IV

In the front parlor of the Cresslers' house a little company was gathered--Laura Dearborn and Page, Mrs. Wessels, Mrs. Cressler, and young Miss Gretry, an awkward, plain-faced girl of about nineteen, dressed extravagantly in a decollete gown of blue silk. Curtis Jadwin and Cressler himself stood by the open fireplace smoking. Landry Court fidgeted on the sofa, pretending to listen to the Gretry girl, who told an interminable story of a visit to some wealthy relative who had a country seat in Wisconsin and who raised fancy poultry. She possessed, it appeared, three thousand hens, Brahma, Faverolles, Houdans, Dorkings, even peac.o.c.ks and tame quails.

Sheldon Corth.e.l.l, in a dinner coat, an unlighted cigarette between his fingers, discussed the spring exhibit of water-colors with Laura and Mrs. Cressler, Page listening with languid interest. Aunt Wess' turned the leaves of a family alb.u.m, counting the number of photographs of Mrs. Cressler which it contained.

Black coffee had just been served. It was the occasion of the third rehearsal for the play which was to be given for the benefit of the hospital ward for Jadwin's mission children, and Mrs. Cressler had invited the members of the company for dinner. Just now everyone awaited the arrival of the "coach," Monsieur Gerardy, who was always late.

"To my notion," observed Corth.e.l.l, "the water-color that pretends to be anything more than a sketch over-steps its intended limits. The elaborated water-color, I contend, must be judged by the same standards as an oil painting. And if that is so, why not have the oil painting at once?"

"And with all that, if you please, not an egg on the place for breakfast," declared the Gretry girl in her thin voice. She was constrained, embarra.s.sed. Of all those present she was the only one to mistake the character of the gathering and appear in formal costume.

But one forgave Isabel Gretry such lapses as these. Invariably she did the wrong thing; invariably she was out of place in the matter of inadvertent speech, an awkward accident, the wrong toilet. For all her nineteen years, she yet remained the hoyden, young, undeveloped, and clumsy.

"Never an egg, and three thousand hens in the runs," she continued.

"Think of that! The Plymouth Rocks had the pip. And the others, my lands! I don't know. They just didn't lay."

"Ought to tickle the soles of their feet," declared Landry with profound gravity.

"Tickle their feet!"

"Best thing in the world for hens that don't lay. It sort of stirs them up. Oh, every one knows that."

"Fancy now! I'll write to Aunt Alice to-morrow."

Cressler clipped the tip of a fresh cigar, and, turning to Curtis Jadwin, remarked:

"I understand that Leaycraft alone lost nearly fifteen thousand."

He referred to Jadwin's deal in May wheat, the consummation of which had been effected the previous week. Squarely in the midst of the morning session, on the day following the "short" sale of Jadwin's million of bushels, had exploded the news of the intended action of the French chamber. Amid a tremendous clamour the price fell. The Bulls were panic-stricken. Leaycraft the redoubtable was overwhelmed at the very start. The Porteous trio heroically attempted to shoulder the wheat, but the load was too much. They as well gave ground, and, bereft of their support, May wheat, which had opened at ninety-three and five-eighths to ninety-two and a half, broke with the very first attack to ninety-two, hung there a moment, then dropped again to ninety-one and a half, then to ninety-one. Then, in a prolonged shudder of weakness, sank steadily down by quarters to ninety, to eighty-nine, and at last--a final collapse--touched eighty-eight cents. At that figure Jadwin began to cover. There was danger that the buying of so large a lot might bring about a rally in the price. But Gretry, a consummate master of Pit tactics, kept his orders scattered and bought gradually, taking some two or three days to acc.u.mulate the grain. Jadwin's luck--the never-failing guardian of the golden wings--seemed to have the affair under immediate supervision, and reports of timely rains in the wheat belt kept the price inert while the trade was being closed.

In the end the "deal" was brilliantly successful, and Gretry was still chuckling over the set-back to the Porteous gang. Exactly the amount of his friend's profits Jadwin did not know. As for himself, he had received from Gretry a check for fifty thousand dollars, every cent of which was net profit.

"I'm not going to congratulate you," continued Cressler. "As far as that's concerned, I would rather you had lost than won--if it would have kept you out of the Pit for good. You're c.o.c.ky now. I know--good Lord, don't I know. I had my share of it. I know how a man gets drawn into this speculating game."

"Charlie, this wasn't speculating," interrupted Jadwin. "It was a certainty. It was found money. If I had known a certain piece of real estate was going to appreciate in value I would have bought it, wouldn't I?"

"All the worse, if it made it seem easy and sure to you. Do you know,"

he added suddenly. "Do you know that Leaycraft has gone to keep books for a manufacturing concern out in Dubuque?"

Jadwin pulled his mustache. He was looking at Laura Dearborn over the heads of Landry and the Gretry girl.

"I didn't suppose he'd be getting measured for a private yacht," he murmured. Then he continued, pulling his mustache vigorously:

"Charlie, upon my word, what a beautiful--what beautiful hair that girl has!"