, 1869-09-27
The Fight IBE1yycrn thc Bulls nud
Henri Eudcd-DtsnAtrous DefcAt OF
the lSuIls-Stl1n m Ing UP OF Current

strtfa' Tttrcram Ia tie Cincinnati Commercial
SET loEE. Stpt- ga terrific hurricane
ratsea over Wal1 street yesterday. Bond street,
wrecks. EyesJ gold md stuck broker wore q
pa.!ld face. Ao1e}sd men rushed About the street
as II 1Essuc sone o. them were literally made in.
Eane. The gold excitement during the war AMI
the fearful tank panic u 1s:', wtro thrown into
the shaoe. The dealings 10 gold stsoEted every
eodys atientt9n a1a stoSss s = we5e comparatively E
courage: the gold Clique, ven salsoea thai they
etcod rpon rIin foundation. resolved TO naks q
Yesterday : v Wa5nln9!on telceams announcing
that Secretary boutwell, had refused TO sell his
surr!ts gold IN order to relieve the asEtngeucs Of
sratcnes 10 The taEe effect It was Positively
ayerrel that the distinguished bankers who had
nIsss he sss,c.srs t9 ,ai, eonsss naa oesa met
tied; tue bull clique Eho held al the available
go:d at oIce decided that tho market should be
to ef hsaeS point TIE se 2. ss
| given them renewed coL1ttEce- Taey te.t satts-
! Ted that thelr Eet WAS too s.rcuR TO bc broken,
we mean TO do II" said ose oi the operators OF
;he !.ps. Ealy n he mo,nins taey attsmptsd II
ius;r iplllous Of t'onus today.
| The hul.s itDs that this IVES the cause of tncls
o,eIthIow1 but the TACT = srii'cs.!tnt TncS had
hlown up thctr hubble TO It's utmost extent; and
| Oh tilt Nltfe announcement Of Secretary bout
wylls Intention, It barst Ike . clap Of tnuader.
1tefu1e q. H., both Broad aud New streets were
| died With outside opeEatots. They seemed 10
AIln the approachlnR lassle IN The a!s. Their
Tltte tA;s, wllh mourning banda, seemed TO shake
III the air Is II ccnudent Of winning fortune iu
no time. Every one had hts own ltste ruuor. aud
| tnluktnously cfculatei It among his l1tends
! "Gold. Gold - this was all the talk.
The Indicator IN tsoas o. the gold room, which
retemp!cs ,hs time ooa13 at r4ee. course, looked
ut ihe crowd in tiunn silence: but Il vas " au-
| nouncc the dealh kuen Of naug ardent fortune.
seekers before the closs Of the day-
Ato o'clock th!s GoEniIg nc bidding eegan. o.
Snapped up on the Infant. poEn It went to III Ii
IN ii1ey, and vas buck 10 lS5 within hall mia.
nte Ihs s;Iees gfeas ,niesase{ ,s e1s,e: IT.
ltes, al angle jump; then to III; and, close OF
the heels o! these GRuTes, 10 l+a
\ spasMoIic yel arose from the crowd u tdti
rcsul;. Men began 10 Shrek, and saou:, md
neursh tter TITLE books more violently than ever
The hears Oh the street nade Eall5, and haei
l4ts was tcached. Confusion epsoed; everybody
seemed 10 bid aud ot!cr =, the same time ana lss
fErw OUT q The smoke. In second III and loos1
During there outside operations tho msube1s ol
the Gold Room dashed up the Broad aud New
io!.nwcd. Ii WIS bIt twenty steps 10 the lowe
gallery. Imagine Iltue fountain in The centre 0
.he anphthfa1le: the centre Of the lounta!n Is
. tronze cupid, with dolphin In IT, artls: fruu
the head Of tie cupid at1sea tiny silver stream
. which ials tn lets into the basin below. Fanc,
an non ,anS n1e!s asst ~ ~ - soou ~
| tween the wallis md the fountain, and you nave
. ! rough Idea Of tne Cold Room.
On one A1ue there Ate tKo galleries. the lower 10
The eftald toys aud she upper 1o1 tue spectators
c We stoo.l In The lover gallery. Beyond the four
; tain, vltn his back toward Sew street. stood tn
his taz. Near him t. the Telegraph opcfatn1
/ Wires zrn teoru his machine to neaEv uyc hupdre
! | Of the state Of The market, and are enabled t
make their bids undlslurhed By the furtous exc!.t
mcnt which rules IN the Coll Room on moucltou
1 | occaElnns- Ne hive described the Gold Room.
ii 10 i N. Tie ooari opened, Tue Vice I'realdc.
renain al IN inc.r oets and I base @ iasr IT blk VIC
II ce.,&d nY Their of1ce telesraphk. But the ma;
&c utule Of 1cstesuAf's dSht drew Eoost Of the mi
oS ia e elay o
o AnouE the prominent operators were ABB
speyer. Henry Clewa, Horace Waldo And q
70 ease, Mtssss Kcuocr and ueaa. and f1,y other
Il TIE EEbt opened 1t 10 + H., with gold 1t y
r. sq Il fse a4 ssx ,sS 9gi i ;s S
.. tgtre. The SeerelaH seemed u 10 wise oye11t
with o7slncss, aud The telegraph operator work
T. n!s Esea'Ie ana eoosersea ei!elY K!.n the ,
ri vere cautious, md evldeuiiJ suspicious that =
Il 'an Hss aos unt i oe!oef tass MS 't eoapas
n snonotonJ Was broken. a5nH va bid, and t
" @iieas - 70 paJ now:--sas,eted = gray-nair
= man, apparrntiI naa!ns over w.in agony.
in hrEtscd n1r& weFe anak ken Ut each oincr over :
ae little fountain, and NJ Internal fer4ts OF ytils 81
the ROOM To an Outsider It was impossible
~ distinguish either bid q m onex.
n The bulls had now begun thctr grand char
to Trcy swept the bears betorc thern IKE enan Fl
nt la'., the metal srddepiy Jumped 70 1ss{. II
" wAB unprecedented Men began 10 enr1tk =
mt rare IKE villa animals They rushed about
he title focttau in pArn1ysm1 Of farJ. TIE be,
us gathered tn groups, aud snapped and enAxttd
eis tIrn. The balls shouted with JOY. Within nfte
Z" utnutes she premium Va. forced up to 16aH.
to TIE eears foit very readily 10 thtif own cl1q
sly At 1sa when the market rate Nas 163- They
af. fufsd 70 sell 10 tne bells II any price. Thus m
lat ten stood, when Albert FpeJcE, a lc4der hro
I'll tho h1i:s. thfew amorg the farins the Tempt
the o1er nj 100. Such marvellous bid, coming n
,ns dealer known 10 bc fu1fy responsible. staft
Of the wnoc Fror1, and for tnw mcMents 10
,es Aron~e wAs made: bu, before the tnunder.atfu
it aud,soy1 could reEatn tner equipotse Jna. Bro1
IT'D an equally known broker md agent, o1ered
II supply Mr. Sleyer's wxnts WITH ona, Swn, tnr
tu- four, And up 10 nve mt..onA The
La4 ter amount wz3 promptly accept
hey The prompt accepiance OF
md bid, while the heAn weTe Z
IIt.- ing TO their own croxd 1t 1sa gzye tho bulls
the n-Eed confidence During the TWO minutes t
i. Il ceiling thla bid rho market price hAd ttoot
u 1E3k. 1$s, Isl, and 1trh. III. Speyer:8 bid