The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1873-09-25

kers eagerly and spoke hurriediy to
! the telegraph operators near him.
Shortly after noon Vice-PresidGnt
/ Mitchell announced the failure Of
/ Fitch s. Co., and Day s. Morse. BY
/ this time II had become an old story
and the brokers paid but little atten-
ton to what the Vice-President said.
They wanted to dispose of stocks. A
/ few quiet, clear-headed men were on
the floor and they were the buyers.
/ Datcher, formerly, of this city, but
now of Philadelphia, who, it is said,
always turns up in the New York
Stock Exchange when there is panic,
| invested largely, and in the language
! of some of the brokers who feared 10
put themselves forward, coined
money 'ss=-=-s'-a.
Every one who went from the
| building was met by an excited throng
and asked whether any other firm had
succumbed. Delmohico's and Scheid-
ler's and all the saloons in the neigh
borhood were jammed, and the
Edrencheds and hatlessl brokers ran in,
and taking hasty drink, hurried back
to the stock Exchange to- assist in the
general confusion. Nice-President
Wheelock returned shortly before 2
! Eo'clock as happy as ever, and took his
seat. a young man handed him a
note and whispered. something in his
ear. Then the Vice-President brought
the gaEel into use once more, and-read
the name of w. e. Connor, who asked
that he might be added to the list of
dead ducks" A decided stir was
occasioned when few minutes later
the Vice-President read the letter of
E. d. Randolph & CO., regretting that
they must suspend payments.
"Randolph, that's Tom Scott's man" !"
said a broker eXcitedIy, "My God,
who's next?" "Hold up" cried some
one near him looking at the clock
which indicated %, there's plenty
of time for many more," and those
around him thought SO, too. Still
there was the same unearthly yelling,
the same stamping, and showing and
smashing of hats, aud what was
stranger still, i'm all the hustle and
noise, the unruffied Vice-President,
who read his newspaper with supreme
satisfaction, as much at ease as though
in quiet parlor. Telegraph opera
tors, tired and wearied, with note
books in hand, went into the thickest
of the mob and quietly Withdrew to
their Instruments. Messengers flew
IN and out and made themselves heard,
and the persons in, the gallery won
dered when the curtain would drop.
There was one more firms name to be,
added to the list of the unfoEtunates,
and that was Jacob Little So Co. The
announcement added little to the ex-
citement. Every time the Vice Pres
ident arDsef holding q piece of white
paper IN one kand, and the gave1 in
the other, the brokers yelled. "There's
another" and turned away as though
unwilling to listen. What he had to
read oftener was sales which he wish
ed to make under the rule. At last
the gong sounded. 1t was 3 o'clock
and all the stocks were still below the
opening prices, as will be seen in an
other column. The brokers reluctant
Iy went out. They were tagged out,
and said that it was the biggest tussel
they had ever had. One hundred
thousand less shares were sold than
on the day previous.
A we'll known and influential bro
ker said, FEThe Government has come
'tosthe esFeseue, Of the fellows who have
.gonel ID flderS- All of them, wit the
exception of Dick -Schell, are truly
loyal, and that's, why the Government
takesscaFes of them. [Ifsthe unfortun-
ates were Democrats or hostile to Mr..
Grant, do you suppose any assistance
would be rendered them from that
source? Notia bit of it.s3lsse7. ofs .oa