New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-20
TIE sTORM-SWEPT STREET.

AN ORDERLY MOB-THE STREET AND THE BROKERS
-BREwING OF TIE GALE-THE FIRST CLAP OF
ACKNOWLEDGEMENTS GREAT AND sNALI-vIEws
OF A CURIOUS OBSERVER" HOPE SPRINGS ETER-
NAL ETC.
Possibly the falling rain dampened the ardent ex-
citement of many who thronged Wall-st and its es-
1uaries yesterday. Certainly no one would have
suspected that q great financial disaster was
pouring through the American Bourse. There
was no disorder, no hysteric excitement;
and, save for the curious crowds huddled in
sheltered places OF elbowing along the muddy
streets, there were no signs that anything uncom-
mon was going on People came from far up town
20 see the great sight of Wal-st. in panic but
were disappointed. There was nothing to see but
moist unpleasant crowd, bad -humoTed in the rain
and chagrined because the show was not 80
amusing as expected. Even from the coun-
try came people to gaze on the sight
just as the Boston suburbans crowded
III to see the ruins of the great fire last Autumn
They stood about, gaping with curiosity and hinder
ing people who had business the street. They
discovered, too late that to the uninitated the
furry in Wall-st had no more significance or mean
ing than any other mere rush of men and umbrellas
The jargon of the Street is as uninteligbe TO the
casual outsider as Coptic inscription or the runes
Oh the DightOn Rock.
on THE STREET.
Morning opened feverishy in Wall-st.. and men
looked at each other with curOus sort of suspicion
A. if 10 say. will you pun through to-day n"
General suspicion settled the street and the feel
ing of disrust affected the stock sales before the
opening Of the Board. Western Union, which had
closed at 81 the night before, sold now at H. and
huctuated between that figure aud a. North Western
which had closed at 5O3, sold down low az A. but
IN small lots and Rock Island, closing at 9ss on
Thursday, ran up and down in considerable blocks
between "a and@ These figures, which only ind-
Gated the general tremOr of the Street. sgnifed
nothing further. When the Board formally
opened at 10. o'clock the excitement ran
high. Every door Of the Stock Exchange
was besieged by eager and curions crowd
The galleries were damned with people, and
the main floor of the great room was tuIbid wbrl-
pool il is never quite as orderly as prayermeet-
ing; now it was wild Bedlam The panic spread.
and Western Union sank TO 7O3 49, 6S. Other stocks
followed Pacific Mail. which had jauntly closed at
IS, in the final rally Of Thursday night slid down TO
s62: then it sounded lower depth, anddropped int
81, Xew-York Central, which had sold at 81 and %
before the call, went down to %, aud a few small
Lots sold at o. Harlem slid, with extraordinary
,apditv from 10 TO a. though the transactions in
thai stock were light. Sales of Lake Shore were
heavier bnt the prices showed the same downward
tendency: opening at 81 and fraction, ii down
10 e. but rallied two per cent Wabash alone picked
mn from its low condition before the call, and vi
lrated between 40 and AZ. The lame ducks iimped
about in considerable misery Hartford and Erie
being actually quoted at 2; and some other fancy
stocks were offered at prices which only evoked a
derisiye veil from the mob below.
THE YIBsT THUNDEKBoLT.
In the midst of all this the President announced
the suspension of Fisk d Hatch, bankers and ex-
change dealers. This intelligence fell on the eA'
cited throng for moment there was pause Oh
silence then low wall broke out from bulls ana
bears alike. The harsh murmur which was sue
eeeded by confederation of yells aud crles 'nde-
senbable spread into New IT, in the rear and broad