The New York herald., 1870-03-10
TIE BATTLE OF THE BEASTS.
Fight Between Wall Street Bulls and Bears
Immense Excitement in the Gold Room
Circus-The Bulls Beaten Badly,
but Not Discouraged.

II s fortunate circumstance that stringent rules
prohibit the general pnblc from witnessing the an
tics OF the bulls and bears IN the Gold Room CIRCUS.
Could the virtuous c0untrymen who make perodi-
cal visits to see the elephant and take near view
of the Wall street animals iuriously nghtin2
for the golden apple and hear them war, we would
surely lose whatever, country credit tor common
sense we possess. Although perfectly intelli-
glbe to the Initiated, the nowllngs OF the
bankers, brokers, and clerks engaged IN gam
bling Tor the precious metal is perfectly
bewiiderng to strangers. The bulls" and "bears'
have language Of their own and act more from
the promptngs OF instinct than oil reason There
fore who so to tine trouble VI getting tickets
os admission 10 the Gold Room IRON members OF II,
and enter there IN the hope oI getting financial
"wnnSle,n rarely succeed IN getting anything but
pam in the head. To any one however. who heard
and survived the great Boston concert who nap
pened to be brought up i'll well nIcd Dcdain or
who was born deaf It's highly interesting mama
gcre.
Wild cdn0f1y tiytug about the town Tuesday
nIgnt presagcd financial slocm IA the morning. IL
was whispered that gfecnpacks baa hnaiy sue
cumoed ana sunk beneiih the weight 81 gold thrown
on The market, ana that pronineuS brokers, known
to fame ana me street, had ned lron their accus
toned places OF business wild despair. The morn
ing brought confidence however, and at ten O'Clock
place where brokers most Go congleeate was nlled
with eager n!uitltndes. relly 10 transform
themselves Gto pulis bears AZ the oc-
caslon might demand. rbe al-absorDing ques-
tion was the state OF the money market and
the intentions OF the government ana instead OF The
customary 'how IL do,n wds iearo on every siGe
the ieserish salutacion, ''hoW's gold ~ Inc cente
OF attraction MAS Gold ttoon; II was tne load
stone thai drew crowds 10 IT'S portals. outside II,
the street. sn0utng showing claypiS anu chter-
and plunged, ana Inside, aroudd the magic circlc.
We're W oe seen an array ol animals superior
breed and greater lerocLy, gesaeaiailng, swearing
anu gruanlug WIN all Lncr might never Wits sucn
o scene oi excitement since .'5,ack friday plt IL
was not an eXclTcmcnt De1OL of lear. Far from 1t
Gu the laces o tne crowd no tfiice oi anguish
, couiu be ioand, no dread oi The luture Detrayed.
'de'll mag care" hapoyg lucky spIrt prevniied,
and thousands we're lost aud won good-nuiiioreuiY.
1t was .nly the strangers IN The saery who looked
anxious. lt seemed tiiaf botn 0us ana bears re-
garded the contest for winch DOTH sides were waiting
III the Ignt irIsnnlen are supposed 10 40
sniuty--very exciting anu dangerous, Dnt decidedly
peasant III The .eno Brokers are, and have Oecn
accused oil want OF patrlotisiI; BAT the.e were un
mlaAaole Signs III That surglns Shouting, laughing
ciowd, That the approach il value OF govern
ment paper to GOLD was hailed with pride ana satls-
faction Hence, although. the market was ieversa
and unsteady. and bn.s am bears were equally IN
tue DARK as 10 what the next nour might orlH lortn
there no panic.
It was curious 10 watch the onset oil the bulls when
business was commenced; II was amusing ~ noJc
the frantc efforts oil the bears roar as oi nerd
Of Duffaoes, closely pursued by Wnooplng SIOUX,
was the siglai Tor the atoacK OF the former and
hoarse 9r0wl oil rage Indicated the action OF The
latter. lew mlnuGes oi nJise anu uproar ana Lneu
a iuii took place, as sudden ana unaccountap as
the DesnnLos OF the tunplt AT twenty mln-
utes past one p. NJ. the indication showed
tnaL the fight had commenced 1t turned
rapidly lrom point % point i'll response TO the
changing features OF the day, anu there were sronS
hopes INDUCED by ae GEARS that SOld would go down
vain ru5n. Intense cAcueiueat prevailed III
tue lor ha4f an hour, anu wien IL length the
indicator pointed 10 l0t4. The low est pont reached
yel, wild cheer broke from the eSt,tant bears, aud
the bulls reared IN nenance Thea the coutesl became
hoiter; the bulls butted nara against manifest des-
Tiny, and dc actually succeed, alters earini amount
oi rearing and yeliinE, III sending up the nricc 70
III "a, at winch point II remained until l2te III tnt
evening, when agaIn Tell INTO the tens. fhe ight
will no DOUBT renewed with fury tn!s morning.