, 1873-09-23
PANDEMONlUM In NEW YORK.
The Second Day OF the Financial
Panic.
Scenes on tho Stocl1-IGxcl,an
md in the Gold-lsooln.
From ths Atte l1ors Sun, SEPT. 20.
THE RTr1E Ey0TTAN9E

Heemoa to ,take moro than us,1a1 fntoroet in tho
uowspapora which thev rea;, 1,v tho ynv rvory.
youa was discussed, and tic sto,,tnat-I,car}o9 ~
tLesa mon Of tho atrnet wnre ,,nnoryod any ~. ~
prol1onsiye or whnt anoter DIV mirht TX hr;nrr ;%r
forth. Droad and Wall ntroete worc gloomy a.
will surely bo another Black FRIDAY" Tov nor.
Hons wero in tho atrceta In that uofghborlnod at
that time. but many wora in tboir oilIcoa buriod
deep In thoir own affairs, md waiting for
tho commencement of nctivo opnratfnns
in the Stock Exchange and Gold Room.
AZ early nB half-pQst D q crowd Of frokere
had already assembled in front OF the Block Ex-
change. Fn,v carried rIubro]laB nrcforrinn to
hayo tho uso Of toir hands to add ompllagis to
their words. Some wore rubber oYoroonts and
looked l.ko milk,r,on on sproe, Othors ind
thin coats and old hats md we're without ehirt
collars, giving thom tlo appearance Of pnrties
who bad neglected their business for some timo
returned to work. Occasionally diamond
sparklcd from tho shirt-bosom or finger of gomn
ono In the cornole of tho ontrance TO tho buiid.
lug aud whito nock-tio was soon. All were
nervous aud hdgety, and manifostod their
The quick-footed messenger boyg goemod In
| share the feeling, and lo,,nEod around in list
lcas way. Tho rain poured down, but this did
not movo the throng which waited tho opening
of tho great doors. ~'o
At length tho doors uero swung open and thu
crowd Burged in. Tho wiilo-awake doorkoopors
kept sharp lookout tint mono but those who
mon wore zoon on tic floor where 30 OF many % ior-
tunes have becn won aud oat, yelling ut tie ton
Of their voiccB, and frightening tho faYlionably-
attirtd ladies and gentlemen WHO looked down
upon them from tlio gallery. Tho brokers ran
| about to como to blows; but thoy always held
| tight to their memorandum bboks aud ponc,la.
aud dashed On, seemingly looking for aomebody
or something thoy could not and. Hardly Lad
| 4t,u A.1.u III.
| gavcl sounded aud Tho brokers looked toward
tho rostrlm and saw tho troubled countonanco
Of their ohair,nan, aud lettor which ho hold b.
fore him. Their aorean,s ecasoa s for : moment,
| Rathborno Ind suBpendod. There ynh a nros
| lonced II Oh tH md fhcn Il scranhle to Ehe ccn.
tre Of tho room, who're The yolling was resumed.
Separating IN small knots thoy began to buy and
aoll again. but bcforo MANY Inomonts Ind
elapsed they wero summoned once more to
| lIstou to tboir Chairmau. and the timo to .hear
reni
| ar1. GEORGE opYDYKEts DRYrA1,
of tho runo, cd suapouson OF h;s firm. Tho
room ra,.g with cheore. Hats ware thrown IN
the mir. aml eenernl cood fce1inp n1ovatlcd' In
all kinds Of Stocks at Tho ono1l;nr tlera was n
decline. Shortly aftorwnra nrices ra!lioi and
Early injuries woro malo in regard t to % lGa Lon.
don mnrtot. as Il was thonct ti,ot thia wo,I1
afford kew to tho course of afTairs here Cabio
dispatc1cB roported Amer1cnn sccllrit;es ex-
m M fiya.} f1UA.
t,uling wihlly. Rumora Of nil Kinds wora a,Inat
md nvcrvhaiv wns a,olsy AT"n,, a",d tiat "; Il
was the t,mo to buy bomda and nac1s them AVN
in trunks until aone tlturo tine. when d for.
rnuiority naid, "Wo want monevMhard % u cash. t.o
auI viii lot Lie bonds ro' Hnjjroufs ora nncor-
tain" A faw vonnr hTolcrs nntu;5o Tia raiino
tried to sn,iio ard sud & IT. Ind day Tor liz
fish. Wo',o not in Ella. think 1,oJ'n Transar.
lions ,,nder fla rnio wnro Tia orcr of tlo morn.
luz, At Ii o'clock Pacific Mail sold at 92M !.
Lako ELoro. 80 Northwnstorn. IL, Rack 1s1nnt1
o.: Western Union. Ggl%: IL PAIL AZ. Iinin1
bash, d; Harlem, iii Ianama. % 1oo Central.
y1; Eric, IS; Hannibal /; St, JoBeuh. "a.
Drokers wondered whothor stocks would ceaso
going down, and seemed to feel in duty bound to
iiako moro noise than over. About ii O'Clock
they wero checked in their rawlings by tho beat
Jug of tho gaycl, aud, with countenauces covered
with norspisation tloy moved rapidly toward tLo
rostru1u saving aHero'Y another"
ANkouNcEa1Esr or FAILURES,
Vicc-president Mitchell read note from 1s,,-
gene j, Jackson, OF tic late firm of pplLcmus 1.
Jackson. WHO Declared lis Inability to mnnt hu
obligations. with wobegone looks tie brokers
turnod to start the din auow, but scarcely hud
Match waa mailo. Thn foll 1ieo tl,nm'arho1t a1h r.
among tho brokers, many Of whom made
Laste to get into tho stroot and astonish tho
ialors thoio with the nova. Confusion roignod
supreme on tie floor. Sumo threw of thoir hats
aid rau boreLeadod around tie room. yelling
like Comauobe Indians. Tue luossepgora sIout,
cd in vain. fur brokers whom thoy wisLod to soc.
and some Of tie ladies' ia The gallery nut tiloir
Ilngorp in their cars. Ono terribly excited
emall-sized man with a big bank-book i1l ono
hand aud his Lat in the other. ran in and
began to ueloam something that sounded
very much like "IIolp me- Smith helm mo.
Smith," but on inquiry it was learned that
ho was calling for L. I. Smith.
About this time the announcements of fail-
ures were made 50 rapidly TINT tho brokers had
littlo time to enarl and shake their lists at each
othor. Wlittomoro Il Anderson, Deors t. Ed
wards, TLomas Keol l. Co., ", II. Wurron 4 Co..
George D. Alley, aud Grcouleaf, Norris l. Co, woro
read or as among tho departed, aud the oxcito-
mont waB intcuso. Brokers woro at loss what
to 10, wlou the Ycc President, Moses II, Wheel
ock, with tho g,aco of a Chesterfield. bowed to
tt!cil,, and calmly takiug lis scat began to read
tic Sun, but lust then The bulls and bears
SET ur 4 GREAT suoUT.
Somo were satisfied TINT the whoie street Ind
gone, and said 10 in tones that might have been,