The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1865-02-18

TEE New YORK CORN ExcHAraE.-The
ground -four il fitted up in bushes style.
with bulletin boards, wash-stands, counters
on which produce is exhibited oy samples,
coat room, umbrella rack. closets. reaMnE
stands, where may be found the files Of
leading papers. The upper door there are
two) is elegantly fitted up with conven-
ienco for business, Counters range along
the room, which 10 from thirty to tifty feet
in the clear. In these counters are nun.
bered drawers, in which. under lock and
key, the members in little boxes keep the
samples Of wha. they wish to sell. Each
member is allowed space on the counter
Of about four feet square. In little paper
boxes will be found samples Of oats, wheat,
corn,> barley, -four, lard, tallow, meale
shorts, and such articles. 4 card lying or
sticking on the top of the little box tells to
whom the article belongs and the
quart Of wheat. nthe card was marked
'Choice amber. 27,000 bushels And 30
on throughout the room. The buyer
cosaes up-asks the price. If he wants 1t,
an offer 10 made, accepted or rejected, and
fortune changes hands in moment. A
desk with checks on different banks 10 near
by. Carpoes Of produce are bought and
sold so quickly one would hardly know .
bargSin had been made.
There are th;rty-six hundred members,
alarge proportion Of whom are ION change
every day. No one not a member is admit
ted, or allowed to do business there, except
sociatious from other cities are admitted
as guests or visitors, on the Introduction
Of member. No one RESTING in New
York, not q member, can be admitted
The initiation fee is one hundred dollars
with yearly dues. The doors are open at
II O'Clock, end business begins about half.
past eleven. During change hours IT is 2
perfect Babal Of voices. Men are 'bulhng'''
or ''bearing'' the market, and excited
groups 0cf Spectators are seen standing
together listening to loud talk from each
other. Every half hour the rates for gold
are bulletined in different parts Of the
building, giving the price every half hour.
announce that in fifteen minutes business
will be over. At half.past II = brawny
ssartist' suspends the monster "son Of
thunder" ON an iron frame in the center OF
the building and keeps up deafening clat-
ter till the room il cleared. In few min.
utes after the infatuated ringing OF the gong
begins, crowd Of women enter the place
and begin sweeping, sraising dust and
smudge which makes it impossible for .
person to remain, unless he would be dust.
ed and half sutfocated. Soon as the gong
begins ito Inferno, the throng starts for .
huge ''gin milp' and lunch room near by,
where the bargains Of the day are washed
down in draughts Of beverage. and where
4 lunch on sandwiches, oysters and games
serves the appetite till dinner hour. The
business Of the day is done in an hour. and
millions Of dollars worth Of produce change
hands in that short space Of time.
The rules Of change are strict. II man
does a dishonorable act, such as selling
that which he has not, or checking on q
bank beyond his funds, &C., he is tried and
expelled, and his name is blasted forever.
Retail and other dealers purchase cargoes
Of produce for their customers. and have
the same delivery to order. The flour
men, grain men, whisky men, pork men
and others, have each distinct portions Of
the vast buildings.