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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter XIV.

Multiple Choice Questions

1. Who convinces Livingston that Union Pacific is manipulating him?
(a) The branch manager.
(b) His best friend.
(c) His mentor.
(d) His wife.

2. What is happening to wheat prices when Livingston is trading it?
(a) It's going up.
(b) It's declining.
(c) It's moving up and down everyday.
(d) It's staying the same.

3. What happens shortly after he starts selling Union Pacific stock by the thousands?
(a) The San Francisco tidal wave.
(b) The San Francisco fire.
(c) The San Francisco earthquake.
(d) Nothing happens.

4. How much money does Livingston make when he first comes back from St. Louis?
(a) He loses money.
(b) He gains slowly, but steadily.
(c) He makes a huge amount of money.
(d) He makes a moderate amount of money.

5. What is one trait Livingston says a successful stock trader must have?
(a) Control of emotions.
(b) Ability to make friends.
(c) Ability to spend money.
(d) Confidence.

Short Answer Questions

1. How does Livingston play on the market when he returns from St. Louis?

2. Why is corn having a hard time getting to the market?

3. What concerns Livingston in 1906?

4. What type of time is the trading at a bucket shop?

5. What does Livingston notice not long after selling off his Union Pacific stock?

(see the answer key)

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