The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1864-07-20
g0isellautous.
TaE GAIEBLER'S CARNIVAL.
An Hour Among the EBWils and
nears On Change.
From, the Round Table.


One pleasant Saturday afternoon | hap
peued to be in William street, near Ex-
change Place. There was a tremendous
crowd there AMI every body seemed greatly
excited. Large numbers Of elegantly dressed
young gentlemen convcrSed taverishly on
the curbstone, and selni-respectable looking
old persons of the kind indelicately denomi-
mated buffers" buttoned- boiled each other
with cfusion in the middle Of the street.
Small boys with portfolios and ta,h-boxcs
and check books darted hither and thither
Seedy men, with nothing in their pockets
save their hands, stood about listening 10
the talk Of Others with an eyes-dropping air.
The atmosphere was charged with 4 mag
netic equality quite new TO me, and | was
torciby impressed with senGe that scne-
thing had happened.
1t was therefore a great relief to me to
see my friend D. e. in the crowd. He
used to do business in that region some
years ago, and knows all about it SO ask
cd him what was the matter.
There's been panic. said he, land the
street haSn' got over it yet Stocks have
leen knocked higher than burnt boot
This eccentric statement explained to me
the crowd, the 1evelish conversation the
magnetism Of the atmosphere. Men who
had been rich at breakfast time are PENN
less now Men who had been pennileSs are
suddenly rich. The Juggunaut wheel Of
fortune had made a grand revolution, AMI
many lame ducks were crawling from be-
meath its inexolable tire
Are you going into the outside board p
asked D. q.
As l was an outsider, Thought this must
he my proper place whence to seek what Il
stock market is.
II should like so to do" said.
You can't get in without some indor e
1nent or authority said D. G., "but |
guess | can get you al admission.
asked MIN to do SO, and he did. lie
procured a slip Of paper wheroon was writ
ten date, and a request to admit the
bearer and oblge,-a tolerably wcll-known
firm. D. G., told me that the man who
that check for one hundred thousand dol
appealed to answered No, but that the
note for sixty thousand dollars had just
come in. y
|, who do not believe in such sums gen
orally, fancicd the conversation to be impro-
yised for the purpose of conveying an air of
responsibility on the part Of the firm, to my
friend. Possibly these people wanted to
borrow dollar from him. Subsequently
learned that this firm does q business involy-
ing millions
Very few people know what is going on
in the stock market region every day. /, for
one, had not imagined anything like it. |
had tancied that there were excited groups
on Wall-strect, but | was wrong. William
street is the center of financial decisions,
and the "outside board" as it is called, in
contradstnction to the regular board, is
the very Babel and pandemonium of fl
nance.
At o'clock p. M. or thereabout, l enter
ed the room where this pandemonium is
daily held The doorkecper took my pass
and scrutinized it.
'gThat $ good ism it?" I asked innocent
ly. lie laughed and turned to the next
conner. The signature Of a firm worth
millions is rarely questioned in William
street
The room was large, dusky, dirty, and
crowded. Plain wooden seats were arrang-
ed in semi-circe-precisely like the bench
es Ola concert saloon-arounl "a place like a
pulpit. In this stood an old gentleman,
with gray hair and whiskers, holding in one
hand ponderous mallet Of rosewood, and
in the other bass drum stick Behind him
hung small gong, and beside him sat a
strange looking skeleton like young man,
with long hair and an account book
The benches were full of men, all with
their hats on, and anxious of expression =
Rather a good-looking set generally, but
with hideous exceptions. A vast number
Of them bore unm lstakable traces of He
braic origin. All these persons were vocif-
erously talking at once; the din of voices was
inupportable. Several rose simulta nously
in their places pointing at each other vindic-
lively and shooting praises that sounded
like insults. thought, for time, that a
free fight must inevitably result, till found
that they were merely trying to buy or sell
stocks.
can not begin to repeat the mysterious
formula they uttered 1t was Ill Greek to
mo and worse, The main object seemed to
be an increase of the confusion already reign
ing, and when ten or fifteen persons, young
and old, Jew and Gentle, get to the pitch
Of their voices. yelling themselves purple in