Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1869-10-07
7ESBOROUGH TENNESSEE THURSDAY, OCTOBER T. 1869

L, IHURSDAN, OC
..-.-s.-'1-1.-.-....=
on Thursday, sold out his long gold and
5 sent short on the market. This fact be-
ne known to the bull combination on
lay evening, and they resolved to
Iie said operator for his audacity.
ebay morning they successfully
Ssee7ice of gold at once to 100, an
4 4 jINaAf per cent. as compared with
T: ~ lefr sosing quotations.
N Sc assigned is the fact that
- 4 in the rise of gold offered
H. Quotations for such large
N ouid as to frighten the bears
khem, because the movement
rs appear desperate, and they
nas purchasing wildly.
FEARS DEFIANT.
be prominent banking
Z millions OF gold at CO. and
ent. margins, this being
r. hing to the rules of the
- The margins when call
gromptly responded to
le fact became at once
~. From this time on
Of gold declined to sell
traitors, preferring to dis
-. to other concerns known
F bull ring.
Sn of the extremely high
q to-day of gold-ranging
cent, or SO per cent. per
o Surprised the bear element,
hot understand the movement
Is planned at the hotel last even
a * gold was loaned at about ST.
III lit checks were received on this
Ejfie bulls, who, if unable to take
shalloans to-day, will compel there
: ffaiying parties to be saddled with
~ ne at 100, equivalent.to the sale
Is ~ aool at that price.
THE BULLS AT BAY.
zlarge amounts Of gold which were
itated on the market at the time
sSttfive per cent. was claimed, caused
a. ulls to pause i'll their operations, as
t! II could not understand where they
caii. from, and also at this time a report
al,irculated that the Government was
secl&-eIlers. This had the further effect
to pIalyze the combination OF the bulls,
and the price suddenly fell from 1876 to l33.
GOING HOME.
IEr little clerk caught every sale made
in thi angry tumult, and correctly record
ed it, When seen at j o'clock, in answer
30 aqgcstion where he was going. he said:
I'm blessed il l amt going home to
sleep. never had such day as this
There are "a million Of spiders i'm my eyes,
and J- many Jumble-bees in my cars
STERLING DEALERS IN COIN.
Tusin- the day the genuine dealers in
can kept aIoof from all bargains. Nor
ton. Bliss. & Co., brokers, wouldn't make
an, offer in coin even for so small sum
as a two pound draft. Trevor, Colgate Il
co.'s office. and those of other coin deal
ers. assembled becbives with people COM
- going wih small sums of gold
Sired t&sand the the advancing . price price
!, jfS,s 80, ~ with reference to the
- \ 3-.- nsactions in tlsJS9oom
nay p1amid~t much cNcjgtment.
- - 5mors originated by both bulls
lasslEssssl IRIS assumed every possible phazc. .
The swimming up of the aggregate opin-
ions lettno doubt that nearly, if NOT quite
oue-halc of the members of the Gold En-
change had been crippled, if not actually F.
forcedto suspend payment.
To-DAY'S SETTLEMENTS.
III, chief point Of discussion was with .
reference to the ability of certain suspcn-
dcd firms being able to make good their I
obligations OF yesterday. Alarge number F..
of prominent houses. who were able to .
successfully pass through the ordeal of
yesterday. viii undoubtedly be obliged to
compromise, to-day, with their creditors, /
unless the more prominent suspended .
firms are able 20 pay mp.
OUTSIDE SCENES.
In Wall street. by reason Of the made
quate force at the disposal of brokers firms
the rushing Of clerks to and fro was extra
ordinary. ~ , o'clock approached, the
was calamttou-; and an inno-
cent Jerseyman. on his first visit to the
city. would have known that something
mas koing on. The very huckStcre that
d jr1.68}fA}e-Broad and New streets caught the
smbia affection, and put up the price Of
5trv froq the most reckless way. The brok-
'RcvoJutA uatime to waste in restaurants,
thirds IougAand eat on the spot whatever
have bboNe. and ut any price. When
docs mor,. taIIt honest men get their own.
~ and rNe Mters. Every man within the
ITeGs Al Of ity chimes felt the epidemic
NoA19!S hour.
- observer. if it had been pos
one to be calm in the midst
aent so intense, there was in
material for study in the dense
kpturned faces which blocked
Cf New street, Watching with
eest the rapidly changing
H Indicator. Many of the
2lciuded every variety of
en too, who had not a dollar
keiE interest was equally in
II a Io1 &c --.qorrlat0r-s who
pr Tdined as the case might
nations of the market
Dre seedy looking of the
k1ntly operators long since
lo had had their brief day
-: ! the street, and now. like
|th F7Ethe scenes of their former
Fof tie 9is were drawn there mere
yesrsrions of excitement. which
klf3 hi isb well known physiological
~ ffAus itself on extraordinary occa-
EEronlT through the whole mass of the com
a01aIty All alike seem animated by
;eis4mon feeling. Late in the afternoon
thufn the figures stood obstinately for
! fwhle ut 33, the countenances ofmany
Sab IFssed impatience and disgust. They
lis lifsd as the Roman audience in the Co
therisn may be supposed to have looked
lit ! 81 lion refused to deyour a Christian.
s -.~.-
II is stated an expedition Of 500 men
got off from Cedar Keys, on the 18th ult-,