Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-01-24

Bril- Rnasy : = : vlslt y Nsw Yesl
CilT II jUgI1lG116 NJ s1psisncs -
shaneH - M = Sl66n DSl6Cstsss
n@swu1s -..s.s $50
b, r 3: 49, ~ 4 ~ s:s:
ducsd - ShanGse . visises sss - -. =.
. may = 81: e i. &. si.,.s
s..s - ~ N,v York Prsducc Exchange.
Ths Ground 6ooe 10 fitted Up in business
stvle. vish sbpleqln kosraEwNh sstapds,
sss5s, ,:sS 80 ~ ~ -. ~
resdiue sssnds, where may b found filss OF
Leading papers. The upper fl~or, (there
srs two) 10 elegantly fitted up With conven.
e. - hssIseDa,.y Coustss, nses sinsr
the room, wkieh 4 itom thirty 70 iifty feet
in the clear. In these counters ars mum.
bsred dsawess. In which, guoYjeck ~
key, the members In little 6o1sa, kset the
samples Of What thsy wish 10 cell. Each
me66Se % hn6Wto specs oa the counter
Of aboutx (our square (Set. In little paper
bo1jtN M b U664d Ghpl>o 0eoAGs, vhSat,
corn, barley, -four, lard, tallow, meal, shorts,
and such articlea A card lying q seidlfmi
on top Of the little boz tells 70 whom the
article belongs and the aaseuns Sbr sals. In
one little boz was quart Of wheat. On the
card was uAdDS6 sChoiso Ambse, 27.0O0
bushels" And - o. throushout ths room.
The hngee eeenss sp-Asks the price. II
he unn6oiG~-AA4Gse = 1919, asssPtsd -
rejected, and lpetune changes hands n .
moment, A de@ with checks . ilorent
banksDS 1s6fb&. sC8egoos = prpdn1e are
s ssssS Il i IS LIZ =: "a. sss''
There are thirty-six hundred members, q
largo portion of whom are ION change
every day No one not . member Il admit
ted. or ellGW~d - a0tgpMsB shWe. y1Bept
CATIONS llour other an, ~ S1nitts1 =
guests II orA = W. ids.odSetioa y !
not member, can be admitted. The initia-
ton fec Is one hundred do1ass, with yearly
dues. The doors are open 1t eleven o'clock,
and business begins about half past eleven.
During change hours II 10 perfect Babel Of
voices. Mem are "bulling" or '.bearing"
the market, and excited groups of specula-
tors are to be seen standing together listen
Ing to loud talk from ssoh othsr. Every
half hour the rates for gold are bulletinsd in
different parts Of the building, giving tho
p.ice every half hour. At quarter past IL
three blows on huge gong announces that
in fifteen minutes business will be over. At
half past twelve brawny artist suspcnds
the monster son of thunder ON an iron
frame in the center Of the building, and
keeps upa deaiening clatter till the room il
cleared
In few moments after tho infatuated
ringing Of the gong begins, = crowd Of NO.
men enter the place and begin sweeping,
raising dust and smudgc which makes It
impossible for person to remain, unless he
would be well busted and half suifocated.
Soon as the gong begins its inferno, the
throng starts for . huge "gin milr' and
the oat ardWashed dgRn Il copieus draughts
Of beverage, and where ., lunch on sand
wiches, oysters and game serves the appe-
lite till dinner hour. The business Of the
day is done in IN hour, and millions of dol
lars worth Of produce change hands in that
short space Of time.
The rules Of change ore strict. II = man
does adishonorabls oct, such - selling that
which he has not, q checking ON bank be-
yond his funds, ETC., he Is tried and expell-
I'd, and his name is blasted forever. Retail
and other dealers purchase cargoes Of pro-
ducc for their customers, and have the same
delivered TO order. The flour men, grain
men, whiskey men, pork men, and others,
have each distinct portions Of the vast build
ing. .r,...st s.s.s...s..ssA$f
A visit ION change Is full ofinterest and
instructive to those fortunate enough to gain
ad,nittance. The market rules up or down
~ the demand and supply, or - money af.
fccts il.