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Updated: June 27, 2025
Continent Films, his first corporation, was a stockjobbing concern. Grasping the immense popularity of Stella Lamar, he had coaxed her away from the old studio out in Flatbush where all her early successes had been photographed. With the magic of her name he sold thousands of shares of stock to a public already fed up on the stories of the fortunes to be made in moving pictures.
Daily toiling to provide our meat and bread! Where the eager crowd is moiling, struggling on with weary tread! Battling with stockjobbing ladies, meeting all their wiles and tricks, or embarking in the Hades of the city's politics! But forgotten is the pother, all the work day cares are gone, when she comes home to dear father with his nice clean apron on!
In addition to these independent enterprises, the telephone has unfortunately furnished an opportunity for stockjobbing schemes on a considerable scale. The years from 1895 to 1905 witnessed the growth of many bubbles of this kind; one group of men organized not far from two hundred telephone companies.
The Abbe Dubois entered into the mysteries of stockjobbing with all the zeal of an apostle, and enriched himself by the spoils of the credulous; and he continually drew large sums from Law, as considerations for his political influence.
Very often it is intended for purposes of stockjobbing. The financial world is percolated with it. It is the common method of raising or depreciating securities, attracting investors, preying upon the ignorant and credulous, and enabling dishonest men to rise rapidly to fortune.
Then there was Clothilde, whose tragical story I have already unfolded; Lucy Crooks, who threw me over for this dear, amiable, wooden-headed stockjobbing Latimer; X, Y and Z but here, let me remark, I was the hunted mammas spread nets for me which by the grace of heaven and the ungraciousness of the damsels I escaped; and, lastly, my incomparable Eleanor Faversham.
He had begun stockjobbing in the smallest way, but had at a very early stage of his career developed a remarkable genius for this kind of traffic.
He warned them, in eloquent and solemn language, of the evils that would ensue. It countenanced, he said, "the dangerous practice of stockjobbing, and would divert the genius of the nation from trade and industry. It would hold out a dangerous lure to decoy the unwary to their ruin, by making them part with the earnings of their labour for a prospect of imaginary wealth.
When a person is only a nursemaid, a poor girl, with fifty francs saved up, she must know how to manage, if she does not want to starve to death; and there are not two ways for us, there are not two ways, do you understand, when we are servants. We cannot make our fortune with official positions, nor with stockjobbing tricks. We have only one way only one way."
Walpole, then paymaster of the forces, opposed the scheme of Blount with all his might, showed that the acceptance of the company's proposal would countenance stockjobbing, would divert industry from its customary channels, and would hold out a dangerous lure to the unsuspecting to part with real for imaginary property.
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