New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-07-15

OFFICIAL JOURNAL OF THE UNITED STATES.
v4fIr,al JOURNAL Of THE CITY OF NEW ORLEANS
AN AWFUL SELL.

AN AWFUL SELL.
How a Meeting Called Cor Took Place ant
How the Wrong Parties Held It-A Wal
Street Joke of Huge Proportions.
From the New York Herald
Wall street is an awful place; it 10 posi-
lively dangerous place, and yet witha! \
is funny, very funny place. A greene
is as sure TO be gobbled up 10 its terrible
vortex when q financial storm ls regioe
as the early worm is by the early bird'
storm or no storm, and, though the dlsas-
ter may bring desolation and ruin to some
BODY. laughter often mingles with the re-
port of the final crash. And it is not al
WAYS the men who get the best OF 'cor'
ner;' or who do not have to 'cover" at an
immense loss whea certain people fall on
on as.point; very we'll taken, but very
badly given, who laugh the most, out,
strange as it may SEEM the fellows VINO
oct "worsted" to order and not to order,
and who can not come up to time wnen q
call comes TO a climax, are often the hrst
10 start the laugh around and jingle the
GLASSES merrily over their own misfortune.
This is why Wall street is q funny place;
for place that can joke fun out of down
right gravity of situation and circumstance
can not be otherwise qualified. one
of the latest exhibitions of fun Of the Wall
street species rose to the surface yester'
day. 1t got its head above the high water
in the following advertisement:
"AlI persons who have directly or mol
rectly purchased, on point. the cer'lfi-
Gates Of the Ohio and Mississippi Railway
Company are requested 10 meet at the
Fifth avenue hotel, on Saturday evening,
july 9, at eight o'clock. A committee Will
be appointed to take action on all future
Now, the unsophisticated may not
know that there was quite lively time
lately on the ''street" about Ohio and Mis-
sissippi; and, of course, everybody who
had s'point" to give was eagerly button.
hold day by day to give it. But a Wall
street "point" often turns out to be
needle with two sharp ends and no head
whatever, through which non-pos'ed
man can possibly draw the finest thread Of
success. so it sometimes pricks the man
who thinks he's got4he ''point" in safety
as well as the man who thinks the .other
has got it, and who feels glad in conse-
aueHce. Such was the case with all indi-
viduals in the Ohio and Mississippi certifi-
cate business, and, under the circumstances,
this advertisement made no little stir In
certain circles. On the 'sireet' yesterday
people who know thing or two were very
close mouthed about it, and when asked
as to what it amounted to, shook their
heads in knowing way, and looked very,
very wise indeed. But the climax came
between eight and nine o'clock last eve
ning-the hour appointed for the appoint
ment of the committee to
ARRANGE FUTURE POINTS.
There was little group of Wall-streeters
in one corner OF the vesnbule Of the Fifth
Avenue Hotel, who had seen the adver-
tisement or possibly had hand it getting
it up. They looked merry and laughed
very much, and eyed the main entrance
constantly. They came early. long before
eight o'clock, and they waited long for
- fools. The latter were few, but still
in crowd there are always few. About
la f-past eight o'clock four gentlemen
came in together. One of them asked the
clerk where "that meeting of Wall street
men" was to be held. The clerk was
about to answer by asking him what he
was driving at, when one of the merry
men walked up to the newcomer, shook
hands with him heartily, had few words
with him, and then the two separated.
The newcomer went to his three fellows,
told them what they seemed to consider
snews," and they all straightway went up
stairs, after asking the clerk te,have them
shown to a certain parlor. The merry
man meanwhile had returned to his two
chums, and a shout of laughter went up
among them that startled the barkeeper
so badly that he came very near letting
fall decanter of the Every best brandy in
the house." Fully half an hour elapsed,
and still the merry men remained 10 their
places, one occasionally paying his re-
spects to the bar. AS the clock struck
nine the four gentlemen who had asked
to be shown to certain parlor came down
stairs. One Of them went right up to one
of the hall men:
s'Say, my fine fellow" he exclaimed,
"Can you tell me when that meeting is to
be held up stairs?"
"What meeting, sir ?"
"Why, the meeting called for in the
newspaper advertisement this morning,
you donkey. 1 mean the Ohio and Mis-
sissippi certificate committee that parlors
on your floor; you ought to know?"
III know nothing about il, SIR" was the
replv. and one of the four went to the
clerk.
do you know" said he, "there must
be something wrong about this? We
went up stairs to that parlor and waited a
full half hour and nobody came. Has the
meeting been postponed"
II thought you gentlemen wanted that
parlor yourselves; there's no meeting to
be held here that know Of.
"What! Hired it ourselves do you
mean to say" The speaker was here cut
short by terrible shout of laughter from
the merry men few feet from them. He
turned about and looked at his compan-
ions, and his companions looked at him.
Then they looked at one another, and
then at the merry men, every one of
whom they knew formally. 1t was too
bad. They saw it all at glance. The
game was up. Another roar of laughter,
in which all parties this time joined
heartily, again frightened the barkeepers,
and the popping Of champagne corks fol.
lowed soon after. When the bill was set
tied the merry men did not have to pay it.
But as one of the other party did SO, be
gently remarked: "For heavens sake,
Tom, don't let this thing go any further.
II was an awful SELL" And then the
ssnought" and 'sold" all went their ways
into the street.
yVhy General Beauregard VIII not DE
COmmander-in.Chief OF the Egyptian
Army.
AParis correspondent Of the New York
EJ.DYeSS saws: