, 1860-02-16

stephens was scnoolmale OF Touf correspond
mt. know him to be manly, handsome,
light stuff in him to make 4 noble man, il his
lie can be sared. Old Brown placed mo1e de.
oeudence on him than on nll the rest Of his
orce. Many here nre watching his fate with
deep interest.
The Telegraph will have given you full reports
of the terrible hurricane That yesterday deyas"
lated this city, and the country far and wide:
The damage done to our shipping cannot fall
short Of halt.n'm'liou dollars: Aocomot,on was
impossible for even strong men, at certain pe-
r1ods, and crlnollnc kept ignomtnfonsiy within
duors from the rising to the settlng Of tue sun.
Since tue Crisis Of 1887, the proper business
Of the stock exchange brokers las so dwiudled
would find it difficult to subsist on al the com-
missions which come into Wall street. "swap-
ping Jackets -: has long been the occupation Of:
the members, and, Tor all who have made.
money, as mauy have become 2roportionally
poor. The usual ssmi.year'y bull movements MS
nat1 oSsa' psAcaeu on outsus ~ sA1 ant
po;n. ~ aa"s ~, ~ II hhsr an5 ia tat
1t,a no,,r,;ss;a, n,sn r. tL;s stannat;oh cer.
~. hn',so. ~ 4ea 4ms a ,1,ode af
ea.a ;n.nI.t " .net' ~" 1nse.la.
~" .as auss ~ ;ne"d,~ H.vnn esasa
tions. US pTomiaent nrm nas alfeaay opsusa
. q nsoSn oM:e, y tae up ,o"9 as tne sof1sa .sa
ol euAu'oefs ettect aeo oloau" -, ~ ~
greater convenience OF customers VINO aon
nke 10 venture "nain s9ono OF trinity eu.n'e -
mere our osaetahu, kio Eioseo genuemen VI
1neone, wno amnse tnemsetses % pla5ius WIZ ~
eugfo.onls can sttp ~ a. aos Hou. ~ sa1n sL
ooA vset 'nJ s'. - 80 .,,s,a -.
tase ~ 1919 ~ ., Is e.r"a. a ;.s'.,f n,,a- Arms
,v ,,.;M 10 e1 H. .os ~ .rd ,r,hout
~ epeeun3 1olto" ,nis e1a1,pI, ~, 49,
uouol, maus me1cnanI WA 70 ,en'p' - Nv
nea1ness anu gonEenienee q .uee olnss; ~ ~
taAc n}gt, Mulea eAPetieuse ne "'eDs
neoee sislt az street e1ptes.s.5 ~ EnJJy.
Dy tue way tne Ne" 1o1k otock 1Asuanss!
famous enough. out very hlt;e has nesn saia
Q! Inc n.ost Gnnous aspect taese Rtesea'so' 81
VIZ. tuas .! t1e oute1 1o9ht ~ 1s.eu s us
cause y 's ane lo1oy o. me boaro loon Propsi.
tsasI .n1 ua't y. o1U, on4 G .oo ~.
~ cGvrt.V,rd IN a ~ rsar Her. Inn m al.
r,,-t cnrnsr ;rtn go ona rarrorg nass,oe
Lp.s - ~ I - uatA aaa s. =
laaoas 10 !9 Ine, Nacn nante piaceu aoose 'Ae aeen
VI tue entrance 10 1ae "oFlo 0! "oe'
.---. .4u1ope abaudo:. ye who enter here:"
Pass a1ong for tortuous score Of yards, md
you will come to two doors; the one on the
right leads to the Board Room, where the $50
brokers from 1ot a: y, till noon, md from +
till r H., transact the business reported in
tue daily papers. The scene within the Board
Room has been often described. But instead Of
turning to your right, enter the door IN font,
and you are in the lobby room, cheap, small,
dirty den IT Is; ITS unexpected hoor deep with
nut'she!ls and foul with tobacco JUICE It's ntmos-
pnefe dense win smoke. here, IN q space
scarcely large enough for backwood's school,
room, are crowded oTer tlsty men OF all oses
and nations. These compose the *sstreet opera:
tors or 'curb-stone brokers'" Some Of them
have offices, more have none. They ure made
up Of several classes: lst-The broken brokers
who hare lost their seats by future on contracts
and here llnger in limbo, striving to make
enough to pay their debts and get back to their
ioEme! i e. Paradise ed-operatots. men Of means
VINO sit silently listening TO The reports, which
are shouted through spsak'ng-tubc co'nmunl;
eating with tue luler room, and every now and
sd-opcrators, men Of straw, who deal Utmost
exclusively in that great staple, New York
Central among each other or with whnterel
broker or wealth'er operator who is willing tc
done is sheer gambling. What tremendous ex
citementl What eager listening to every quota
tion clammered through the pipe by bluff Geo
Henriques, and shouted to the outsiders by
rubicund Richard Delagar- fumiliary know1
as Dick Swiveller" to every man in ths
street! What jostling and crowding TO ths
win"ows o'erlooking the passage to the Boar
Room, where teleEraphic dispatches are ever
instant coming from Philadelphia, Boston, Gin
cinnati-ayc, and not 4 fc. from your ow,
speculative townsmeni What Jokes and laughter
rowdvism and buifoonery, smashing Of hats
jostling strangers, throwing snow. balls, offer
| 10 sell and buy. anrry words. crowdinr orount
u stray memb.r from inside. catin. peanuts
smoking, swearing. shouting. siopi6p-sucl,
scene can BE- witnessed nowhere in the Unite.
| States! It is Hedlam in riot-it is Dacchan.
| without wine
Between the sessions of the Bourd, the rcgu
lar brokers mingle with these men on the sidc
walk. aud heavy Operations are oftener transact
| ed at this time titan at the Board itself. On
| would think, on first enteriug the outer room
and heariug aIl about lin, such cries as-"Tl
| eige II, BUYER 10, for hundred Central ~
| a(;o|d i"--Ill sell fire huulrcd ut 1u;. se.le
| 3."-I'll sell fifty. rcru]ar way!''-"Wbo want
l50 Galenas" Iearior ali ibis noisc Of bus
| ness. one would supnosc himself surrouude
| viii, mi1]fona;res hy each of whom q thousan
| shares of Pauamu would be easily carried. Du
when the scales drop from his eyes, Ac learn
that half Of these men hayen't Thu,
| dred dollars in the world; that thci
| credit depends, like that Of q gamble
on the last lucky shit" they may hare made
that a " "dilIereucc" Of 300 sometimes break
them; that they arc merely engaged in buyil
one moment and selling tie next. or sics rers
for the turn Of the market" und think then
selves lucky If they make pe.cicLth per cen
| IN a hundred shnres IRIS, 40, Thai they n
aionr yery well in staSuaut ti,.cs. but III Il
| great Snriag and Fall movements when stool
vary several per cent. per diem, they are sca
tered and oyerthrown like chaN before the y hi1
wind.
Yet these are the haIituts of the street; viii
others como, make aud lose, leaviag room K
the next wave Of adyenturers; these keep the
places, greet each other daily, losing few
their number except by death gaining few, e.
| cept those who 20 through will, kind Of .ior
and pecuniary death, that renders them UNI
for any other pursuit than the sad. boisterou
feyerish life Of" the street."
These men hare a kindly "fellow feeling
for each other; some such emotion as NAV e
ist between prisoners in one cell, starvelipes
the famine, slaves in the same galley. Ii o,
Of their number is entirely ''cleaned out
though he may have failed or" them sever
II, they are quick to help him to 4 few dol!a
and to take his contracts for fresh start. J
their dealings are based on honor, cesta
chivalrous regard for ones word is to be fou1
among them. Lastly, observe that the rowi
rather of mlrthful than IN uety nature. 4,
seems to act as kind Of safetr.yalye for Il
tremendous excitement and suspense uni
which the market is at all times laborinE.
nts,s; oosee IN tne sFfang9ela mtrao.nM SO;
crease in Circulation Of Republican and Adm
istration Journals. and citing itself, the NJ
AtT6