New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-09-29
WALL STREET.
TIE HORIZON BRIeHrENING-I IMPORTANT Ao-

Another day of unrest in Wall-St. has passed
II the multitude OF the writhng victims of the recent
struggle could only have written their last night
the face of the tardy what tale of grief would
the midnight owls have read the "fatal bellmen,"
iii tting homeward. cast arghted gances the woebe
Ourdeued orb! day OF unrest but still of cOmpaT.
alive quiet it was, yesterday, for the feelings Of the
unfortunate gamesters deep for utterance;
and the uCkicr ones. whose whers yet unwrung.
felt awed by the unusual gloom that surrounded them,
and exhibited but little of that obstreperousness which
has given the tribe of Wallst IssachaTs worldwide
reputation.
On tue the state Of affairs about the
the day before. The petty dealers restless the
decrept and dedecOrous demons suen and sour, pro.
fame and ptioss and the bowed and bent and broken
showed In their haggard faces aud In every move
OF the trembling bodies the result OF the terrible
storm which had left them wrecks On these no pity
bestowed. for they had spared none for others.
Gamblers, like rats, seldom meet with cOmmiseration in
times of adversely.
In the gold room excitement hinged upon the att
OF the Gold Exchange Bank toward its
Bulls like sucking doves and bears CRASHED their
teeth without frettng the air with dscOrdant sounds
and all showed placid CONTINGENCIES but the latent fren
OF despair awaited only the opening of the vent to
burst forth with more than its wonted violence.
At the regular stock board there more open exh
bition of feeling Down. down. down every scrip, till
IL seemed Erie and Central aud all the other paper
Innts from which many fortunes have been drawn,
would sink fahOmless depth and be lost to sight
forever The gold bulls had changed their skin and shed
their horns. and playing "bear"
TO some purpose. AS when in mythical times,
trees uprooted left their place, sequaceous
of the Tyre" at the call of some
hidden giant, railway king. some mighty man Of
money down went the troop OF sprites that soar on pa
per wings, and went the hopes OF many an enthu-
siast who had sed his rascal counters their upward
flight. IL was well known. long before the meeting OF
the Exchange that the bears would work steadily
during the day; the decline stocks did not excite
any surprise although had the effect Of producing the
most profound disgust In the minds OF holders.
Among the honest merchants OF the city the feeling In
reference the tricks walst Is Of intense bitter
Business crippled, the wheels OF commerce
cogged. aud unless something done to prevent
the calamity, the crisis now impending Will be disas-
trOus in the extreme.
THE STREET.
Peace must come, for there is nothing
this trouble but the confusion occasiOned by
inefficient Clearing HOuse-and when men are
paid their Just demands things will move
on harmonouslv as before A panic seems 70 be
impossible. for the banks have calamity resolved to
stand by each other and leading firms have acted In the
same spirit. Thus is inaugurated Of confidence
restored. The small fry-the irrespOnsble-and the
tricky dealer who without capital thrusts himself into
circles where the current eddes toe strong must go under
sticks that lie close to shore reyoye but for
y % MIL T he gS but ioy eoes with them No
house reported as failed yesterday, and many
must indeed be strong ribbed TO weather so severe
gaze a9e tsJdaY. ar fines like docks Of Sheen
to- W s same pof Whether the cause Was
present or not; Taking advantage OF such misgulded
ashes the headed leaders OF the street came IN TO
buy stock when lOwshear the sheep and sell their
bargains when wool high. At Smith. Gould Mar
tins the excitement has almost entirely died away the
firm paid all demands thus far made In their stock
ana are ready 70 pay fne HaSs s5 mak
good statement No firm IN the street has been SO
Of principals nf the firm may not prove unin-
teresting. MI. Smith who has been the leading
been the street about six years He was formerly OF
Buffalo N Y, where he accumulated large fortune n
-hi 4ptf nae on
elastic has step, and seems'to possess much men
has carried s house ont the and through the
confusion ami with 100000 ahead and Erie stocks
crowd who both respect aud fear MIN Mr. Gould be-
ago He well known IS the President OF the Erie Road
T M@r HIATT iT w hehT his fathcT pproheD
Sier Is row resident Tne remaining member of this
bonse Is mr. Zach I known S9rfq firm Of Ozark Dodge Co.
Sir Bach is still young man. ana Is universally TO
Although the Vanderbilt stocks were lower than the
day he fore yet the shrewd Commodore has STOOD gar
ianty by MS friends advancing over million OF dollars
yestcr ~ keep good their margins ana u Is salu
Div may be game To let the stocks get low all the
time protecting his friends and when they nave bought
ali they can why mp goes the market In the Long Room
Tbe Vndrrb stocks special objects OF attention,
ana the w1ib the Eeenest interest The anxious
crowd leaned over the railing strained ne se1se "a
keBring utmost To eaten the ngIes oneIeu anu
StTef y the brokers the middle OF the arena ana
Whats CeT and wa wa tbe h' and 3 Western U5ioS
ana some stocks were inquired a1ter nere . anu
FRarg
80 80 e0 viiln the space of a single hour, and not few
ted freer when rallied and crept back again to l6S
Ti.L ir was absent yesterday. Where ne was Is DesI
t,,'o 10 tssnseIf smith, Gould and Martin repudate
him Among hundred uncertain stories u 1hao ieaili
dsbe rapidy down Tweny-thirdst TO the Terry mousse
darling hastily through tue sLsauted eacitediv
ieapsd mon , IN! east 0C on mt lacks ten minutes
Of lie lime Mr.. Fisk" " cast on III III Ee,,
started across river MI FISK was ~ T %
s9fe OF excitement calculating frequently, a., ~
80 me going 10 hang me-" and sentences OF IKE
= dlao NJ he "a
ma owing lsrges up the river aud waving his hand
tci,icf Ic shouted. Hold on. hold on: take me on
fet ,rce more pressed the soil of Jersey Hasten
IT,, 10 the tug Don Juan, lying near. steam was soon
S nd D tho Hudson OF the roar Of the street ana
el a ny Ias of the claws Of the bears, went james
Fisk r. - -
SCENES AT TIE BANK OF NEWBORN AND IhE
GOLD loom.
Tbe Cold Board at last have apparently
-, a. stem IN the right direction. The appointment Of
tb committee Of twenty from their own number 10 act
House, caused ray OF hope to shoot across
-, arpered horizon and the dawn OF good feeling is
,a Yet the scenes and incidents the street yes
4say at the banks and banking houses in the Stock
poorls and Gold Room. almost beggar description one
-, forget them in q lifetime. Finding II Impossible
- ,sact the business the Gold Exchange Bank, the
i,tce Of the Gold Board endeavored 10 divide and
80, the labor Of adjusting the statements by opening
: hr,cb Office. in the Bank OF the State OF New-Hork
t ftor receiving hundred OF the statements
a,ue apparent that the immense amount OF business
-es,,c could not be transacted there consequently
1 projecr was abandoned the papers were returned
-, ,e whole matter was waived until To-
- 4 probable that large place
Ia, ,o engaged and used for this purpose.
ar, WIS larger attendance, yesterday morning at
"a. Gold Room than upon any previous day in It's history
80 available spot thronged, and after vigorous