The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-25
INTERESTING FROM EUROPE AND ASIA.


stcns-Raala for Speculation AHoD9ss az Cldsss u
syocieh, &C., &c.
Ths general characteristics Of thst class Of individuals
hnown ss brokers and stooL obssr pretty the
ssne IN ali parts Of tho world whore that hazardous
amusement called specustng in stocks and securities
PREVAILS In Wall street, New York, you nearly the
same SORT Of looking people you the Place
dc h BouIse. There is difference in language pa
lance OF cunning shrewdness In favr or the Amsrican,
and greater neatness Of attire in favor Of the
Apart from these Indications you could not dtng
between them. Wall street. operators divided into
several classes. First the broker in good and.
ing, able to pay his contracts lie belongs the
Board q dress coat and white choker co down
70 his Office in his private carriage has clerks and
wants running about the different oanks ali day (ths
brokers' day), keeps anxious waiting in room
until sui his high pleasure to rscsivs them, and
great man altogether. This goes until he meets some
body too sharp for him. Ill be makes series of bad
hives ment and all a. discovers that he cannot pay
the piper he then nds that nobody has sympathy
1f ruined spectator and least OF al the Boa<d ia
which until he been, perhaps, y rulng spirit
He is ct oused from his position in that august
body and descends step tia brokers ladder until
10 pay up, when he is Welcomed back nto
he folder, should not ray, lair
He tai to the street and Joins The society Of
sAose gentleman % es evsry Gay standing about the
Merchants Exchange. lie hires desk-roon 10
resgh borrg sey Ard Il IN mbs suiSor to his former
associates Tor such OF business IS he obtain
OF he gets ho OF greea and psssusdes them
tast he has s great Gsnss and posse uurivsled
oyportunes for ing their m,ney adyantsg .ousiy
The lat class Of New York brokers' is the siders"
Vino osousy pretty mulh the rslSdve poiilo -
Ms md csss the sseon 10 the irst-wth tAs
ospon tha they have bslor 2ed to TIE Board Of
Brokers' snd pest TO eajoy thst exstel hoD9r
Ia France have very nesry the same SAFE Of
xsirgs. -. the Bourse, proper, all the business
b trsGs.ced ~ he regular Beard of Boxers, snd
none sat thesseivss permitted 10 bay AM
Sc, upo grouIo ho5z Il thst palace OF mlmmon. To
NE ga lis- a-oGt, however, the puoc are indiscrni
ely led III snre business Of the atoresid
yueo rnea 70 avail itself Ct tns privilege, u 70
Sock iown IL .IeLt enent 1t tao below. The
ye~ si:uag ling bar ,headei crowd, The roa- o. t1lu
sAno " ces, mig'cg A. Wild AID nex ic-pie confusion,
the htl5 fenced of in tho middle and
ssped ~ 10 Board he gentlemen rushing ABOUND.
hAntcay shssog little bits of ped paper their
aeses AID 81 stins until ihsy are almost ola x In ths
npos gzrg 70 FrenShman Is never too busy to Apoio-
gize snd the wild excitement are things oaly TO be
iooaed from ne galleries OF the Paris B,arse and
when not likely to be forgotten.
The Bourse is open every cay except Sunday. won
der any distinction should be IA OF the
Sabbath, the business people OF Paris generally d,
trade upon that Cay than any other; out pre-.
sumo even brokers must enjoy little relax N, AM
The hours OF business, 1T the Bourse. are from one
o'c until three the afternoon Some time before
the hour of opelng individuals MAKE thec
appearance on he marble steps, and form queue
line before the doors which into the hall Guards,
Of whom ststicned at every public bading
France (and very necessarily, too) maintain order
what it not for this wholesome restraint, would
Of the soldiers, sumo of the impatient ones push
their n.ighbors or tread upSn each otner's
toes; whsreupon considerable leui taking is
induged in houeh no noses are tapped nor crAniums
ab-sded. At lszt O'clock s'IiKes, the doors
thrown open punc'usly TO the moment and the crowd
rushes the building the brokers' tase thsir PLACES
in the encio sure the crier appears at his desk aud
operations Tee brokers In the square apart
rnent to which have alluded are The great Of the
place They are all appointed by the Emperor, ~nl
Obliged to heavy bonds 10 the government ior lie
o.sohsrge Of their business. The Board being
thus select to belong T. It is icrtune, and, oil
&C u1 &C. all iss n wealthy These gentlemen
are distinguished isem the herd By the Appreciation Of
oests change api Of them the ation
Of the Legion Of Honor-taough, by the way, Is
very great dis.iL ion n,1-s-ssys.
The c01rtieTs ordinary brckers-ihse who cens
dirsc ~ into ocntsct with outsiders, (ihe a9e'ss dc
change dssr scpg themselves oy such cSnauc =
may scattered over al parts OF the inens. nail
overed, Ike heir superiocs IN order TO show hat
they = 20 be outdene in potenes or perhaps 70
convey TO the loozers tat hey ibeopg 70 the
tsbEshnen," From these people, l nave said arise
such clamor and such confusion of cri-s tast the
stranger who Witnesses the spectacle very naturally in
quires how, IN the name OF Babe, all tnese fellows
tho brokers to penstrate the dense crowd
the floor. IAInmaDy Hall meeting is nothing TO il,
others corns but these ri;ng dsogremens produc
tive Of Ii consequences, wherein the place dis-
isrs frem TammAIy Hall very considerably. Plant Jour
emnenuy in favor Of your getting punch in tie hoaa
from that pugnacious g. nuenan, 10 return. At the
Hourse n thinks of qusrreng for such TITLES it is
essinst the rules and woud take up too much lime.
In several groups the locker noaass even more &C
tvty prevail than elsewhere These groups ere wnA
sanding stocks bought and sold aud It'll from these
spots that the loudest cries heard. Taey ae o;cS
ston.d By the cot'er who are yelling out the names OF
sell.
A. every moment the crowd is penetrated by VINO
work their way through with wonderful rapdity throw
ha 4 VOID here and there to persons Ia
the thropg, and who reply only by nod OF tbs
Assd. The FIRST the clerks someam the silent
sdsa do camp running about Orders to announce
IL sxeoution Of such have been previously gwen
ne TO vns% from he s
ihs great MAS Of them are COOL calm ana indifferent
b sppeAranos leaning against the walls or pillars and
ARiDg with each othsr in low tone. But whist these
gentlemen quietly onversDg together they dsttn
9uish with marvellous facility in the midst OF the general
ssioss offer cd for their stocks follow the proceedings of
heir particular brokers' and fully alive to
tz.nsprng IN which they are IN 70 rested ,. .,n
bal public stocks Frencn and foreign # standing and
real werth suet railroad shares those Of the Bank
tsopaIly Industrial stocks They receive per cenage
Of upon all transactions in the followpg:-oricge
the Rruskl3n ol Aco<y oPsuisn
tueuese ditto Haytien obligations Austrian funds and
shares If AL tho stock companies in which they choose
TO- interest themselves They receivs = Per per-, cent on
sury drafts dsbt of The city of Psds shares Of the Bank
Of France the canals railroads salt works assurance
con psnies the Bank Of Belgium, and the Be,ssn So
sets Generale Eespolitan funds, Roman debt, Belgian
funds, Dutch, Austrian ard Sartinsn ditto. 10 81
these hey erjoy . monopoly OF the Bourss trade,
and It viii be readily understood why they make
money. Nevertheless, it must Tot be imsgined
that these gentleman owe their phases merely
10 the win Of the Emperor, who appoints ttem, II
10 true but they st obliged TO pay an ur use sum
OF money to the government Tor the privilege being 10
appointed In TACT, the business OF oroksr Is sold 10
France ALEC the right TO pursue the occupation o.
. notary, lawyer, &c.
The cosytieIs Licknanei " marrons" their posi-
tioIs solely their in diligence their activity ths gs
neral busines qualifications and the coa6dencs Of
ehents 80 well 10 the need pereneed by tho puoc
Of agents to negotiate the numerous fsncies" with
which the agents de change win have nothing to do.
The buy and SELL for spectators and o.1sr
such standard public stocks 80 may be required
They receive ordinarily per cent upon their SALES and
purchases when tie amount reaches 500 francs. For