Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1857-10-03
THE NEW YORK STOCK BOARD.

LIE NEW IOhh OIOCh bUAhD.
?, From Harper's Weekly
We engrave the New York Stock Board
session during the stormy season of last weel
when promnet stocks fell eight or ten per cen
S in day, and fortunes were made and lost be
tween ten o'clock in the mo rning and four of tn
afternoon.
II is much abused and very memorable spo
this New York Stock Exchange, and does NOR
TO regulate values in the country at large thai
any other locality from Maine TO Texas. A hand
some room, with curtains hung OH the walls I,
help the voice of the brokers' the Presiden
seated at one end on sort Of pulpit, hanked b,
; secretaries each broker in his seat at desk
, the privilized few who obtain permission to "as
sst' at the session huddled into corner so as t
be out OF the way the air resonant with shout
of"Ill take hundred" Sold"-Two hundred
"buyer sixty -"Foriy-one and quarter for ff
ty'-Thats my bid"--''Mr. President"-"Mr
Snooks is fned"-and so on, for the "boys' are
often unruly, and much given to loud talk and
quick, as the excitement of their business might
well Justify.
There are perhaps hundred and fifty mem.
bers altogether. Each pays $500 entrance fee
and is ballo ed for Candidates for admission
used to be kept in expectancy for months, bu
lattery the brokers have grown more generous
OF their favors, and an aspirant is seldom kept
long at the door-a policy which is equally in
curious to the old and to the new members
When member of the Board cannot fulfil his
engagements, he must vacate his seat, nor can he
resume it again until he has paid up or other
wise satisfied his creditors. As rule. however,
the brokers are anything but inexorable. Ex-
~ " IL "I,e'o ilaIu very oe'ious' ,hey
dnh,n u.""y 'oauy e:ousn " cry guns WIN ,heir
uvo,o a"u ,e"n.. n'''r 70 ,ue Doaru' 1hese
49, III" I'""e ''o"e! e"'"'' anu arc eeher1us anu
'OTra, Tt
in1 noinia' ou'sness OIL 'ne noaro is 70 efect
ne anu puie,1ses ,ss VI s'ocks required ny the
q, omo Puono "neh pfo"n' ha'ihs saved
S.,UvV' Man's W puy virginia s.xes 10 thaf
, "h",o ~ ~ H. Res n's '.oset 70 euec: ,ne pur-
e"a:e a. ''o i,oalu ~ W" when smith, nap
"'S W y "eeo "lone! loi MS BUSINESS oeihinks
VI 'uiA"'e us Lr'e In'o money, ne m
"'a VIZ. 'ne oPerar,o". ihis the
'''.,''o n 'P"e'o " Tue o'ocK Doaiu'
Az ms '"hes II Is very suoorolna'e sphere
t''ne,! ,'ii"e "unufeo,hs oi 'he business oi the
noa;u uare ho'h'he Whatever 10 40 WIN the IN
,s, ess VI Sasss, u. sne conversion OF STOCK
thIoPe,H ,n.o ocsn. ne immense tna)or"y OF
@ VIC ore'a' r't,;. ~ ano ioiA o'ock ENchahSe
- sVE m"I. - o' 'ns'ance :,
S'' '.', oen.' 'na' Ing ianroau s'ocA Is sell
"s ;.t aaLo'inon,y hy cheap ne reasons the matter
,ri,hn f''r , a. 'nu n'aAeI W us n'he 'na'
c. ~" 10Y V. weens E'ie s'ocA WIN De
snoo,,ia,o Vn 81 ~, Uen' n'sner. ne resolves 10
r. sa', a. ono NJ; sa'noie, III ,dc'' ne
.niIy JI soy Sas -. :" l Jasn 1oPPoSlng ERE 10 oe
IN h"S and Law s 300 ',ls mou,1 enaoie nun
,b;s : ~, onct s"ae' VI s'oeA' Du'
oro,a,;oO Uo, u. - ~ 'i'aAo ia,eer
,,,~rb ..,,,.r,;,', Lo iii 100 anu % "sSs now
his ,cconn, RroLor ,odrd;r ~ =, ..'o ~.
The marLet ,st, dono.;, S oT,anS g u'o n.ems VI
IT, Ia.,os ,,'n.IS at,o Gu W NV pei s,ale,
sharos ,la e,rr,n. zoo % n'." " ouy ioo"
,hon Sn,h dnnoa;, oJG. ~. e',ns In ','s Pol"''
son ~ Inno aIooo" cD .' aiu u,oner ouys
~" " abuvon ~ "T Tt ae'ou' ouyer tnir
ahs,rns. ,o;,os % ~. ~; m neaS VI tnese
days folloa;n,, ,ha 49, 81 ~ w.. ny VI say
NAV a, an, ,1o Jan,and ar ,h III I"''sn
nnrcl,,sed a, th, go 5 y, ", , ine Sna'es
dal;,.or,, -, - ~; So; ~ t' '"S ICY VI
con,rac, Ic thoro,aro IL; ~ o WV y, 'no
cav sr,or ,ha oon,rao. VIM" 'on aays, ie' US
ST. 20" w I''e Soos III 'en per Sent'
s,not nf ,bo III. l'S'', wiz uelhanu ms
sh,res vii - .,'a Go ,,u' ~ S1e"R .ne
other h,nd ,ho s,oale '"e 81 ao 1n COIL ~ OIL 'he
N s,ar don, III ,Io eIes uy"" anu happens
s,;n., ,o"t u .ie ou' VI 'iie con'rsc'' as oo-
o m"st ., 'A tSo %aae uees s knSwn 10 do om.h
- a. 80. e " n' 'ni,'y VI s'A'y uays,
auraaJ u,1, tI,o,uL =. l.. ......l -
upon' uoIs. 20 MUCH h'shei 'nan Inc
Aao,bar nc So, az 'ne os u,n' sanst,;. I
,b., e. ,o, alo 'o,m ,n VI sa.no"ne zones oeheVes
d'o So'"E " "ase cr's's' "reVui.
a. Nh Pa"'o VI oones Is treasurer OF
,ho hoo,,, snS a"u nS'ne ACCESS 70
,ho.o oNs, NIo"s I 'Ia' " Is 'nsoyent In oo'h
h;s "o''n ass 'o"es uaeots MS oIoAer 10 sen ior
ral.on ..soI ~ ,i,any 1""ies .. 'he New 'uaSe
tla e;r r;rht III seher 'nr'y' mus
da~ ha - lno ,s"a =, u..eeli"g .e .he s'ock on any
90! -! nc poSSes prl'r 70 'he conclusion Oh 'he
ho soiis h ,,oudS .. 'ohes h oosen own lhe s.cck
~ e .l n1 ",euS ei; 10 oS{ reuuceu price
:. ,;,S, NV j.; abo h; NC uee VOW u zones mas oeen
or;s;s do do no @ p''s;ISS e ,Sn Ms .he panic ana
as" 49, o I'm, ~ "H Ne" "uaSe company
o ou' " Je i'S1'Ven.' .. course inc STOCK
I~ uo"n anu oJnes ouys IN LOT ueNvery az 1he
y 'euuceo P'ice' reai'@'hs 'he auerehce between
y 'SI. II price anu tne one al whlcn ne sold. but
y zones nss oeen wrong-li me crisis don I come
Dr Is unau'y poslponed-sueh things nave been
Ihown !, 10 occurGn lhe New Guage concern
'hou'd y prove prontaoie, anu not ihsolvent' why
Ine" , '"e STOCK hlen' 20 up anu al 'he END OF
| .ne contract zones n,gn. DC iorced TO buy say
gov, ina. wn'cn ne 'o'u iof Sao hetung loss OF
% per snare.
- " oPelauns III ,heso TWO ways that the
ooaru Oh orokers ~ inostly occupied. some OF