Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1872-04-10
OUR NEW YORK LETTER.
Broad street Brokcrs-A Moorish Build
ing-A BALLET Girls Good Fortune
Easter Sunday - Funeral of General
Audersou-Things I'm General
n Our Own Correspondent


From Our Own Correspondent
NEW YORK, April 3, 1872.
As | have been discussing u good deal,
of late, on the different features of the
stock market, | may as well continue in
that strain, especially, since it is general
topic of conversation. AS / have said be-
fore, the great evil of sudden rise in the
price of any one stock, is the effect it has
in tempting outsiders to engage in specula-
ton. Every man believes his luck to he
as good as his neighbors, and the tempta-
ton to make money without an effort is
very great. So when A hears that j has
made his thousands he tries his hand and
if he is successful sees no reason why he
should stop; and so it goes on, but If he
keeps at work, his losses are pretty sure to
counterbalance his gains. There is no use
"playing against the bank" to use gamb
ling phrase, and when stock attains n
purely fictitious value it is the result
of combinations to effect some one
purpose. When that is accomplished
the stock goes back to its proper figure
and generally falls good deal faster than
it rises. Thus Erie is really worth about
80 it has been as high as 6S. This was eff
! fected by the struggle between the Eng
| lish and American stockholders to obtain
! a controlling interest. When either party
obtains all the stock that is necessary the
reaction will begin, and from present APP
pearances, it is likely to end in panic.
! The entire market is feverish, although
strQpg. The brokers pocket their commits
sons and that is all they care for Speak
ing of brokers reminds me of the firm of
| Woodruff & Clafiin, the female brokers of
! Broad street, more renowned for their free
love heresies than for the amount of bust
ness they do. Claflin, the Junior member
of the firm, lately made an address at the
Academy of Music on the subject nearest
her heart, if she has any, and the building
was literally packed. This does not speak
particularly we'll for our moral condition,
which, by the way, never has been any
thing remarkable. The firm mentioned pub
lish q weekly journal, which is maintain
ed by aspecies of blackmail. For instance,
member of the firm enters the Office
of some broker who is known to have
some railroad securities for which he is
anxious to find market. The peripatetit
. agent announces that they intend sending
10000 copies of their next issue to Europe
and that unless the broker advcrtises hi'
bonds, they intend to run them down.
= The broker knows that foreigners are un-
, acquainted with the position of the jOurR
al in question in this country, and that it'
opinions will find certain amount o
2 credit among those whom he is most anN
f ious 20 reach, and so he puts in his adver
- tisement. OF real business the firm hl
none, but by such Matchmaking, or what
ever you choose to call it, by leeturng
r etc, they contrive to make considerable
| money in the course of the year.
I NEW BUILDINGS.
G Our new postoflicc, when completed
e promises to be one of the handsOmes
+ buildings in the country. Already its pro
portions have assumed something IKE
u definite shape, and in the course OF wv
e years il will he occupied. 1t is built o
). granite and forms pleasant relief Z
4 the eve which has wearied of III
: endless succession of iron fronts, painted
Z white to initiate marble, which line. bot
:, sides of Broadway. 4 firm on the latte
!. thoroughfare have attempted to relieve tn
@ monotony of the street by the erection
of building after the Moorish style O
: architecture. All the known colors of tn
K rainbow are distributed at random over tn
l. lofty facade of the edifice, and the resul
" is a gaudy hdeous, nondescript styl
, which attracts attention and receives gen
y eral condemnation. Iron structures ar
II all the rage just now, which would Civ
It uniformity of appearance, if some regar
It TO aesthetics was better appreciated b
, builders.
:, MARRIAGE or a BLONDE.
~ The last episode in the theatrical worl
: lfs1the marriage of q pretty ballet-girl TO
/ wealthy young gentleman of this city
Is -rhetengagement was formed aftcE yer
N shor6 acquaintance, but where & bale
j. girlfs concerned, you can see good de;
OF hef III very SNORT llulc. w
20 best wishes go with the pair. Anotl
It er blonde performer has just II
:, ceived q fortune of $4,000, so thu
: q legacy now makes her happy who's
- former chief occupation was to sho
" the varied charms of the leg / see. LA
ID Rookeu is the new burlesque which col
tanned these two lucky maidens. Viii
on the subject of amusements it may
Y worth mentioning that the four leadin
n, artists in the Parepa-Rosa opera troup
a which opened q short season at the AGA
+ envy last night, Madame Parepa, Miss Phi
q lips, Mr.. Iiantley and Mr.. Wachtel, recei
IL ed perfect ovation on their first appea
he ance. Critics used up The eulogistic ~
n jeetives in describing their perfOrmanc
and tickets were sold at fabulous price
did not improve the opportunity TO ps
VI 500 for a seat, although it was generous
a. offered. Miss LecleFcq is doing we'll
TO Booths, ana Barnum, the great, irrepres
90 ible, s. i. with his sixth ward canniba
~ amuses the youngsters at the Rink.
- EASTER SUNDAY.
X To speak mildly, it raiued on Sunda
ly and the handsome spring toiletees RENAL
by ed at home. "Dolly Warden" suits d
ra not venture out aud we were spared for
Nv time the spectacle of walking furnitu
coverings perambulating the streets. Is
sooner or later we shall have thei