The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1873-10-13
STOCK BROKERS, vAoARuEs.
sketch OF the Exchange and ATS
Members.

beautiful women and handsome men, many
of whom witness the scene for the first
time, and wonder how 1t is that in all the
confusion business is transacted; broken
down brokers with bloodshot eyes and pre-.
maturely gray, their clothing threadbare,
and their hands in their pockets, and youths
who aspire to be members and feel conf
dent that they will yet be among the heavy
operators, are huddled together in the gal
lery, looking down on the sea of heads be-
meath and trying to imagine which man has
won and who has lost.
One of the most natural questions for a
stranger to ask is, (Which is Vanderbilt.
Drew, or Gould?' and for some one who
knows full well that these gentlemen. not
being members of the Exchange, never APP
pear on the floor, to point out persons in
the surging crowds as those terrors of the
street.
Up to the time the gong is sounded, at y
o'clock, the hall is generally full of inter-
ested spectators. The obliging young men
who stand on stools stationed just beneath
the gallery and scream when some one at
the outer railing requests them to call q
broker on the flocr, and the uniformed
boys who make their way through the
throng and in sing.song tones let everybody
know that they have letter for some one.
all add to the horrible din, and make up a
scene always interesting and fascinating.
PLAYFUL SPIRITS
The lookers-on care little who rise or
who fall aud probably would not be sur
prised at anything which might come to
pass in the building Time and again
when money was plenty and brokers had
plenty of time to spend it, the place was
converted into Il play house, and tin horn
and toy merchants did thriving business.
Hats were smashed in and canes and um.
brellas parted with their owners frequent
ly. never to return. Once a broker met an
Italian with performing bear in the
street, and persuaded the Snowman to 90
with him to the stock exchange. The bro
ker gave the Italian five dollars and told
him.to enter. The bear waddled in. fol
lowed by the Italian, but before the bro
kers could gather around and begin tho
sport, the astonished and his pet bear were
hustled into the street by the exchange at
PENDANTS, and great was the grief of the
brokers. On another occasion a certain mar
who has, it is said, very large ear for mu
sic, borrowed hand organ and smugglct
it into the room, and when the noise wa
most deafcning started tune. Soon tn,
excited brokers forgot themselves and be
gan to dance. The man with the orgal
turned the handle faster. The attendants
screamed to him to desist, but il was NJ
use. The brokers were in high glcc, ant
determined to see him through. A police
man was called, but he could not &c
within ten feet of the organ grinder, VIII,
continued to play while the bulls and bear
danced. A collection was taken up by tn
brokers, and the organ and money wer
| given over to the amazed Italian who stoo,
at the door.
CuANoEABLE MOODS.
Many incidents should be recited tend
ing to show how readily these manipu
lators of the stock market in the midst o
this excitement and worriment lapse int,
state of merriment, and change
scene of anxiety into one Of enjoyment
The innocent young man from til,
country who sometimes manages to &c
on the floor, finds himself in what h,
might term a hard crowd. Some on,
singles him out and instantly a crowd sur
rounds him and begins to bid. Tn,
young man is bewildercd and the brokers
press close around him, shaking thei
fists and shouting all sorts of unnteli
giblc things at him. His hat finds its wa,
over his eyes and he is blinded, and thu
he is handed from one crowd to another
until at length he is exhausted and thel
spared.
| II is usual about the middle of Sep
TENDER to call in white hats, but this year
owing to the panic and the tightness o.
the money market, the rule had not beer
enforced, and many brokers still cling t.
their old white hats, saying that it would
be a terrible blow to them il they wer,
compelled to buy new ones.
On the floor, as viewed from the gal
lery the visitor sees little knots of brok
ers yelling at each other and wayins
memorandum books and pencils abov,
their heads. These gatherings are wei
known to all the brokers. First, ther,
is the Union Pacific crowd, then tn,
Lake Shore, and distributed around arc
the New York Central, Western Union
Ohio, Erie, Pacific, Rock Island, c. C
and /. c., DIETER known as the Coffee
Cakes and Ice Cream crowd, Wabash
Northwestern, st. Paul, and Hannibal ant
st. Joe. Peter Faye, sometimes spoken
of as poor Peter Faye, the manual ma
kerr" but who is by no means poor
stands at the entrance to the floor, ant
manages the Exchange attendants. til
scarcely ever smiles, and is said to BIZ
wasting away, actually sacrificing himself
for the Stock Exchange. The ticking Of
the telegraph instruments and the yelling
of the brokers are but music in his eais.
QUEER CHARACTERS.
Outside the railing stands Erie Bailey, al
ways the same quiet, undisturbed being
He is known in street parlance as "guttei
snipe," but it should not be understood
that he is always in the gutter He has
been able on several occasions to buy O
seat in the exchange, but he prefers the
fresh air. Frequently he has speculatcd in
as many as $4,000 shares of stock in one
day, and come out either $3.50 ahead OF
behind. He was formerly known as the
Erie manipulation. His Office is in his hat.
John Hunter, the beau ideal of Brooklyn