Back at his hotel, though nearly two in the morning, he found the reporters waiting to interview him. Next morning there were more. And thus, with blare of paper trumpet, was he received by New York. Once more, with beating of toms-toms and wild hullaballoo, his picturesque figure strode across the printed sheet. The King of the Klondike, the hero of the Arctic, the thirty-million-dollar millionaire of the North, had come to New York. What had he come for? To trim the New Yorkers as he had trimmed the Tonopah crowd in Nevada? Wall Street had best watch out, for the wild man of Klondike had just come to town. Or, perchance, would Wall Street trim him? Wall Street had trimmed many wild men; would this be Burning Daylight's fate? Daylight grinned to himself, and gave out ambiguous interviews.
It helped the game, and he grinned again, as he meditated that Wall Street would sure have to go some before it trimmed him.
They were prepared for him to play, and, when heavy buying of Ward Valley began, it was quickly decided that he was the operator. Financial gossip buzzed and hummed. He was after the Guggenhammers once more. The story of Ophir was told over again and sensationalized until even Daylight scarcely recognized it. Still, it was all grist to his mill. The stock gamblers were clearly befooled. Each day he increased his buying, and so eager were the sellers that Ward Valley rose but slowly. "It sure beats poker," Daylight whispered gleefully to himself, as he noted the perturbation he was causing.
The newspapers hazarded countless guesses and surmises, and Daylight was constantly dogged by a small battalion of reporters. His own interviews were gems. Discovering the delight the newspapers took in his vernacular, in his "you-alls," and "sures," and "surge-ups," he even exaggerated these particularities of speech, exploiting the phrases he had heard other frontiersmen use, and inventing occasionally a new one of his own.
A wildly exciting time was his during the week preceding Thursday the eighteenth. Not only was he gambling as he had never gambled before, but he was gambling at the biggest table in the world and for stakes so large that even the case-hardened habitues of that table were compelled to sit up. In spite of the unlimited selling, his persistent buying compelled Ward Valley steadily to rise, and as Thursday approached, the situation became acute. Something had to smash. How much Ward Valley was this Klondike gambler going to buy? How much could he buy? What was the Ward Valley crowd doing all this time? Daylight appreciated the interviews with them that appeared--interviews delightfully placid and non-committal. Leon Guggenhammer even hazarded the opinion that this Northland Croesus might possibly be making a mistake. But not that they cared, John Dowsett explained. Nor did they object. While in the dark regarding his intentions, of one thing they were certain; namely, that he was bulling Ward Valley. And they did not mind that. No matter what happened to him and his spectacular operations, Ward Valley was all right, and would remain all right, as firm as the Rock of Gibraltar. No; they had no Ward Valley to sell, thank you. This purely fictitious state of the market was bound shortly to pass, and Ward Valley was not to be induced to change the even tenor of its way by any insane stock exchange flurry. "It is purely gambling from beginning to end," were Nathaniel Letton's words; "and we refuse to have anything to do with it or to take notice of it in any way."During this time Daylight had several secret meetings with his partners--one with Leon Guggenhammer, one with John Dowsett, and two with Mr. Howison.
Beyond congratulations, they really amounted to nothing; for, as he was informed, everything was going satisfactorily.
But on Tuesday morning a rumor that was disconcerting came to Daylight's ears. It was also published in the Wall Street Journal, and it was to the effect, on apparently straight inside information, that on Thursday, when the directors of Ward Valley met, instead of the customary dividend being declared, an assessment would be levied. It was the first check Daylight had received. It came to him with a shock that if the thing were so he was a broken man. And it also came to him that all this colossal operating of his was being done on his own money. Dowsett, Guggenhammer, and Letton were risking nothing. It was a panic, short-lived, it was true, but sharp enough while it lasted to make him remember Holdsworthy and the brick-yard, and to impel him to cancel all buying orders while he rushed to a telephone.
"Nothing in it--only a rumor," came Leon Guggenhammer's throaty voice in the receiver. "As you know," said Nathaniel Letton, "I am one of the directors, and I should certainly be aware of it were such action contemplated.
And John Dowsett: "I warned you against just such rumors. There is not an iota of truth in it--certainly not. I tell you on my honor as a gentleman."Heartily ashamed of himself for his temporary loss of nerve, Daylight returned to his task. The cessation of buying had turned the Stock Exchange into a bedlam, and down all the line of stocks the bears were smashing.
Ward Valley, as the ape, received the brunt of the shock, and was already beginning to tumble. Daylight calmly doubled his buying orders. And all through Tuesday and Wednesday, and Thursday morning, he went on buying, while Ward Valley rose triumphantly higher. Still they sold, and still he bought, exceeding his power to buy many times over, when delivery was taken into account. What of that? On this day the double dividend would be declared, he assured himself. The pinch of delivery would be on the shorts. They would be making terms with him.
