The Tipster
by Edwin Lefevre (1871–1943)
- Free to read
- 25 min read
- 6 chapters
- Reading level: 6th grade
"The Tipster" by Edwin Lefevre is a novel written in the early 20th century. The book explores the world of stock trading and speculation, focusing on the experiences of its protagonist, Gilmartin, as he navigates the ups and downs of Wall Street. It delves into themes of ambition, luck, and the consequences of gambling on financial markets. The story follows Gilmartin, an ambitious man who leaves a stable job in the drug industry to pursue fortune in the stock market. Initially filled with hope and enthusiasm, he soon finds himself caught in the exhilarating yet treacherous world of trading. After experiencing a drastic financial downturn, Gilmartin attempts to regain his lost wealth through risky speculation and eventually becomes a "tipster," offering advice to others based on inside information. However, his return to fortune is short-lived, leading to further losses and a deep sense of loneliness. The narrative illustrates Gilmartin's relentless pursuit of wealth and ultimately highlights the pitfalls of greed and the volatile nature of the stock market.
- Short stories
- New York (N.Y.) · Social life and customs
- Wall Street (New York, N.Y.)
Read the opening
Chapter I
Glmartin was still laughing professionally at the prospective buyer’s funny story when the telephone on his desk buzzed. He said: “Excuse me for a minute, old man,” to the customer—Hopkins, the Connecticut manufacturer.
“Hello; who is this?” he spoke into the transmitter. “Oh, how are you?—Yes—I was out—Is that so?—Too bad—Too bad—Yes; just my luck to be out. I might have known it!—Do you think so?—Well, then, sell the 200 Occidental common—You know best—What about Trolley?—Hold on?—All right; just as you say—I hope so—I don’t like to lose, and—Ha! ha!—I guess so—Good-by.”
“It’s from my brokers,” explained Gilmartin, hanging up the receiver. “I’d have saved five hundred dollars if I had been here at half-past ten. They called me up to advise me to sell out, and the price is off over three points. I could have got out at a profit this morning; but no, sir; not I. I had to be away, trying to buy some camphor.”
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About this edition
This free edition of The Tipster by Edwin Lefevre comes from Project Gutenberg eBook #23171, released 2007-10-24. It is in the public domain in the United States, so you can read it here in full at no cost, on any phone, tablet or computer. Genre: Novels, American Literature.
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