Balance of Trade Read online

  "Eight tor the six-bolt," the buyer stated, tossing the sample cloth back across the spindle. Jethri sighed gently and spread his hands.

  "The honored buyer is, of course, distrustful of goods offered by one so many years his inferior in wisdom. I assure you that I am instructed by an elder of my ship, who bade me accept not a breath less than two kais."

  "Two?" The Liaden's shoulders moved again—not a shrug, but expressive of some emotion. Amusement, Jethri thought. Or anger.

  "Your elder mis-instructs you, young sir. Perhaps it is a testing." The buyer tipped his head slightly to one side, as if considering. "I will offer an additional pair of tor," he said at last, accent rounding the edges of the trade-tongue, "in kindness of a student's diligence."

  Wrong, Jethri thought. Not to say that Honored bin'Flora wasn't the heart of kindness, which he very likely was, on his off-days. A trade was something else again.

  Respectful, Jethri bowed, and, respectful, brought his eyes to the buyer's face. "Sir, I value your generosity. However, the distance between ten tor and two kais is so vast that I feel certain my elder would counsel me to forgo the trade. Perhaps you had not noticed—" he caught himself on the edge of insult and smoothly changed course—"the light is poor, just here. . . "

  Pulling the bolt forward, he again showed the fineness of the cloth, the precious irregularities of weave, which proved it hand woven, spoke rapturously of the pure crimson dye.

  The buyer moved his hand. "Enough. One kais. A last offer."

  Gotcha, thought Jethri, making a serious effort to keep his face neutral. One kais, just like Uncle Paitor had wanted. In retrospect, it had been an easy sell.

  Too easy? he wondered then, looking down at the Liaden's smooth face and disinterested brown eyes. Was there, just maybe, additional profit to be made here?

  Trade is study, Uncle Paitor said from memory. Study the goods, and study the market. And after you prepare as much as you can, there's still nothing says that a ship didn't land yesterday with three holds full of something you're carrying as a luxury sell.

  Nor was there any law, thought Jethri, against Honored Buyer bin'Flora being critically short on crimson cellosilk, this Port-day. He took a cautious breath and made his decision.

  "Of course," he told the buyer, gathering the sample bolt gently into his arms, "I am desolate not to have closed trade in this instance. A kais. . . It is generous, respected sir, but—alas. My elder will be distressed—he had instructed me most carefully to offer the lot first to yourself and to make every accommodation. . . But a single kais, when his word was two? I do not. . . " He fancied he caught a gleam along the edge of the Liaden's bland face, a flicker in the depths of the careful eyes, and bit his lip, hoping he wasn't about to blow the whole deal.

  "I don't suppose," he said, voice edging disastrously toward a squeak, "—my elder spoke of you so highly. . . I don't suppose you might go a kais-six?"

  "Ah." Honored Sir bin'Flora's shoulders rippled and this time Jethri was sure the gesture expressed amusement. "One kais, six tor it is." He bowed and Jethri did, clumsily, because of the bolt he still cradled.

  "Done," he said.

  "Very good," returned the buyer. "Set the bolt down, young sir. You are quite correct regarding that crimson. Remarkably pure. If your elder instructed you to hold at anything less than four kais, he was testing you in good earnest."

  Jethri stared, then, with an effort, he straightened his face, trying to make it as bland and ungiving as the buyer's.

  He needn't have bothered. The Liaden had pulled a pouch from his belt and was intent on counting out coins. He placed them on the trade table and stepped back, sweeping the sample bolt up as he did.

  "Delivery may be made to our warehouse within the twelve-hour." He bowed, fluid and unstrained, despite the bolt.

  "Be you well, young sir. Fair trading, safe lift."

  Jethri gave his best bow, which was nowhere near as pretty as the buyer's. "Thank you, respected sir. Fair trading, fair profit."

  "Indeed," said the buyer and was gone.

  * * *

  BY RIGHTS, he should have walked a straight line from Textile Hall to the Market and put himself at the disposal of the captain.

  Say he was disinclined just yet to talk with Captain Iza Gobelyn, coincidentally his mother, on the subject of his upcoming change of berth. Or say he was coming off his first true solo trade and wanted time to turn the thing over in his mind. Which he was doing, merebeer to hand at the Zeroground Pub, on the corner of the bar he'd staked as his own.

  He fingered his fractin, a slow whiling motion—that had been his thinking pattern for most of his life. No matter the captain had told him time and time that he was too old for such fidgets and foolishness. On board ship, some habits were worse than others, and the fractin was let to pass.

  As to thinking, he had a lot to do.

  He palmed the smooth ivory square, took a sip of the tangy local brew.

  Buyer bin'Flora, now—that wanted chewing on. Liadens were fiercely competitive, and, in his experience, tight-fisted of data. Jethri had lately formed the theory that this reluctance to offer information was not what a Terran would call spitefulness, but courtesy. It would be—an insult, if his reading of the tapes was right, to assume that another person was ignorant of any particular something.

  Which theory made Honored Sir bin'Flora's extemporaneous lecture on the appropriate price of crimson cellosilk—interesting.

  Jethri sipped his beer, considering whether or not he'd been insulted. This was a delicate question, since it was also OK, as far as his own observations and the crewtapes went, for an elder to instruct a junior. He had another sip of beer, frowning absently at the plain ship-board above the bar. Strictly no-key, that board, listing ship name, departure, arrival, and short on finer info. Jethri sighed. If the vya did good, he'd one day soon be able to get a direct line to the trade nets, just by slipping his key into a high-info terminal. 'Course, by then, he'd be shipping on Digger, and no use for a Combine key at all. . .

  "'nother brew, kid?" The bartender's voice penetrated his abstraction. He set the glass down, seeing with surprise that it was nearly empty. He fingered a Terran bit out of his public pocket and put it on the bar.

  "Merebeer, please."

  "Coming up," she said, skating the coin from the bar to her palm. Her pale blue eyes moved to the next customer and she grinned.

  "Hey, Sirge! Ain't seen you for a Port-year."

  The dark-haired man in modest trading clothes leaned his elbows on the counter and smiled. "That long?" He shook his head, smile going toward a grin. "I lose track of time, when there's business to be done."

  She laughed. "What'll it be?"

  "Franses Ale?" he asked, wistfully.

  "Coming up," she said and he grinned and put five-bit in her hand.

  "The extra's for you—a reward for saving my life."

  The barkeeper laughed again and moved off down-bar, collecting orders and coins as she went. Jethri finished the last of his beer. When he put the glass down, he found the barkeeper's friend—Sirge—looking at him quizzically.

  "Don't mean to pry into what's none of my business, but I noticed you looking at the board, there, a bit distracted. Wouldn't be you had business with Stork?"

  Jethri blinked, then smiled and shook his head. "I was thinking of—something else," he said, with cautious truth. "Didn't really see the board at all."

  "Man with business on his mind," said Sirge good-naturedly. "Well, just thought I'd ask. Misery loves company, my mam used to say—Thanks, Nance." This last as the barkeeper set a tall glass filled with dark liquid before him.

  "No trouble," she assured him and put Jethri's schooner down. "Merebeer, Trader."

  "Thank you," he murmured, wondering if she was making fun of him or really thought him old enough to be a full trader. He raised the mug and shot a look at the ship-board. Stork was there, right enough, showing departed on an amended flight plan.

 
"Damnedest thing," said the man next to him, ruefully. "Can't blame them for lifting when they got rush cargo and a bonus at the far end, but I sure could wish they waited lift a quarter-hour longer."

  Jethri felt a stir of morbid curiosity. "They didn't—leave you, did they, sir?"

  The man laughed. "Gods, no, none of that! I've got a berth promised on Ringfelder's Halcyon, end of next Port-week. No, this was a matter of buy-in—had half the paperwork filled out, happened to look up at the board there in the Trade Bar and they're already lifting." He took a healthy swallow of his ale.

  "Sent a message to my lodgings, of course, but I wasn't at the lodgings, I was out making paper, like we'd agreed." He sighed. "Well, no use crying over spilled wine, eh?" He extended a thin, calloused hand. "Sirge Milton, trader at leisure, damn the luck."

  He shook the offered hand. "Jethri Gobelyn, off Gobelyn's Market."

  "Pleasure. Market's a solid ship—Arin still senior trader?"

  Jethri blinked. The routes being as they were, there were still some who had missed news of Arin Gobelyn's death. This man didn't seem quite old enough to have been one of his father's contemporaries, but. . .

  "Paitor's senior," he told Sirge Milton steadily. "Arin died ten Standards back."

  "Sorry to hear that," the man said seriously. "I was just a 'prentice, but he impressed me real favorable." He took a drink of ale, eyes wandering back to the ship-board. "Damn," he said, not quite under his breath, then laughed a little and looked at Jethri. "Let this be a lesson to you—stay liquid. Think I'd know that by now." Another laugh.

  Jethri had a sip of beer. "But," he said, though it was none of his business, "what happened?"

  For a moment, he thought the other wouldn't answer. He drank ale, frowning at the board, then seemed to collect himself and flashed Jethri a quick grin.

  "Couple things. First, I was approached for a closed buy-in on—futures." He shrugged. "You understand I can't be specific. But the guarantee was four-on-one and—well, the lodgings was paid 'til I shipped and I had plenty on my tab at the Trade Bar, so I sunk all my serious cash into the future."

  Jethri frowned. A four-on-one return on speculation? It was possible—the crewtapes told of astonishing fortunes made Port-side, now and then—but not likely. To invest all liquid assets into such a venture—

  Sirge Milton held up a hand. "Now, I know you're thinking exactly what I thought when the thing was put to me—four-on-one's 'way outta line. But the gig turns on a Liaden Master Trader's say-so, and I figured that was good enough for me." He finished his ale and put the glass down, waving at the barkeeper.

  "Short of it is, I'm cash-poor til tomorrow midday, when the pay-off's guaranteed. And this morning I came across as sweet a deal as you'd care to see—and I know just who'll want it, to my profit. A kais holds the lot—and me with three ten-bits in pocket. Stork was going to front the cash, and earn half the profit, fair enough. But the rush-money and the bonus was brighter." He shook his head. "So, Jethri Gobelyn, you can learn from my mistake—and I'm hopeful I'll do the same."

  "Four-on-one," Jethri said, mind a-buzz with the circumstance, so he forgot he was just a 'prentice, talking to a full trader. "Do you have a paper with the guarantee spelled out?"

  "I got better than that," Sirge Milton said. "I got his card." He turned his head, smiling at the bartender. "Thanks, Nance."

  "No problem," she returned. "You got a Liaden's card? Really? Can I see?"

  The man looked uneasy. "It's not the kind of thing you flash around."

  "Aw, c'mon, Sirge—I never seen one."

  Jethri could appreciate her curiosity: he was half agog, himself. A Liaden's card was as good as his name, and a Liaden's name, according to great-grand-captain Larance, was his dearest possession.

  "Well," Sirge said. He glanced around, but the other patrons seemed well-involved in their own various businesses. "OK."

  He reached into his pouch, pulled out an out-of-date Combine trading key—the SY 1118 color was red, according to the chart on the back of his door; blue-and-white was last year's short-term color—along with a short handful of coins and a cargo-head socket wrench. Finally, with a satisfied grunt, he fingered out a flat, creamy rectangle.

  He held up it face up between the three of them, his hands cupping it like was a rare stone that he didn't want nobody else to see.

  "Ooh," Nance said. "What's it say?"

  Jethri frowned at the lettering. It was a more ornate form of the Liaden alphabet he had laboriously taught himself off the library files, but not at all unreadable.

  "Norn ven'Deelin," he said, hoping he had the pronunciation of the name right. "Master of Trade."

  "Right you are," said Sirge, nodding. "You'll go far, I'm sure, friend Jethri! And this here—" he rubbed his thumb over the graphic of a rabbit silhouetted against a full moon—"is the sign for his Clan. Ixin."

  "Oh," Nance said again, then turned to answer a hail from up-bar. Sirge slipped the card away and Jethri took another sip of beer, mind racing. A four-on-one return, guaranteed by a Master Trader? It was possible. Jethri had seen the rabbit-and-moon sign on a land-barge that very day. And Sirge Milton was going to collect tomorrow mid-day. Jethri thought he was beginning to see a way to buy into a bit of profit, himself.

  "I have a kais to lend," he said, setting the schooner aside.

  Sirge Milton shook his head. "Nah.—I appreciate it, Jethri, but I don't take loans. Bad business."

  Which, Jethri acknowledged, was exactly what his uncle would say. He nodded, hoping his face didn't show how excited he felt.

  "I understand. But you have collateral. How 'bout if I buy Stork's share of your Port-deal, payoff tomorrow mid-day, after you collect from Master ven'Deelin?"

  "Not the way I like to do business," Sirge said slowly.

  Jethri took a careful breath. "We can write an agreement," he said.

  The other brightened. "We can, can't we? Make it all legal and binding. Sure, why not?" He took a swallow of ale and grinned. "Got paper?"

  * * *

  "NO, MA'AM," Jethri said, some hours later, and as respectfully as he could, while giving his mother glare-for-glare. "I'm in no way trying to captain this ship. I just want to know if the final papers are signed with Digger." His jaw muscles felt tight and he tried to relax them—to make his face trading-bland. "I think the ship owes me that information. At least that."

  "Think we can do better for you," his mother the captain surmised, her mouth a straight, hard line of displeasure. "All right, boy. No, the final papers aren't signed. We'll catch up with Digger 'tween here and Kinaveral and do the legal then." She tipped her head, sarcastically civil. "That OK by you?"

  Jethri held onto his temper, barely. His mother's mood was never happy, dirt-side. He wondered, briefly, how she was going to survive a whole year world-bound, while the Market was rebuilt.

  "I don't want to ship on Digger," he said, keeping his voice just factual. He sighed. "Please, ma'am—there's got to be another ship willing to take me."

  She stared at him until he heard his heart thudding in his ears. Then she sighed in her turn, and spun the chair so she faced the screens, showing him profile.

  "You want another ship," she said, and she didn't sound mad, anymore. "You find it."

  Day 34

  Standard Year 1118

  Ynsolt'i Port

  Zeroground Pub

  "NO CALLS FOR Jethri Gobelyn? No message from Sirge Milton?"

  The barkeeper on-shift today at the Zeroground Pub was maybe a Standard Jethri's elder. He was also twelve inches taller and out massed him by a factor of two. He shook his head, setting the six titanium rings in his left ear to chiming, and sighed, none too patient. "Kid, I told you. No calls. No message. No package. No Milton. No nothing, kid. Got it?"

  Jethri swallowed, hard, the fractin hot against his palm. "Got it."

  "Great," said the barkeep. "You wanna beer or you wanna clear out so a paying customer can have a stool?"


  "Merebeer, please," he said, slipping a bit across the counter. The keeper swept up the coin, went up-bar, drew a glass, and slid it down the polished surface with a will. Jethri put out a hand—the mug smacked into his palm, stinging. Carefully, he eased away from the not-exactly-overcrowded counter and took his drink to the back.

  He was on the approach to trouble. Dodging his senior, sliding off-ship without the captain's aye—approaching trouble, right enough, but not quite established in orbit. Khat was inventive—he trusted her to cover him for another hour, by which time he had better be on-ship, cash in hand and looking to show Uncle Paitor the whole.

  And Sirge Milton was late.

  A man, Jethri reasoned, slipping into a booth and setting his beer down, might well be late for a meeting. A man might even, with good reason, be an hour late for that same meeting. But a man could call the place named and leave a message for the one who was set to meet him.

  Which Sirge Milton hadn't done, nor sent a courier with a package containing Jethri's payout, neither.

  So, something must've come up. Business. Sirge Milton seemed a busy man. Jethri opened his pouch and pulled out the agreement they'd written yesterday, sitting at this very back booth, with Nance the bartender as witness.

  Carefully, he smoothed the paper, read over the guarantee of payment. Two kais was a higher buy-out than he had asked for, but Sirge had insisted, saying the profit would cover it, not to mention his 'expectations.' There was even a paragraph about being paid in the event that Sirge's sure buyer was out of cash, citing the debt owed Sirge Milton, Trader, by Norn ven'Deelin, Master of Trade, as security.

  It had all seemed clear enough yesterday afternoon, but Jethri thought now that he should have asked Sirge to take him around to his supplier, or at least listed the name and location of the supplier on the paper.

  He had a sip of beer, but it tasted flat and he pushed the glass away. The door to the bar slid open, admitting a noisy gaggle of Terrans. Jethri looked up, eagerly, but Sirge was not among them. Sighing, he frowned down at the paper, trying to figure out a next move that didn't put him on the receiving end of one of his uncle's furious scolds.