Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1877-05-14

l nodded good-morning and lifted the
mat which hid the contents of one of the
baskets, and found he had eggs to sell
nice white eggs. clearly washed; but it
was fish, not eggs, | was seeking. so |
shook my head and was starting on.
mo buyee ?" asked John; mo- l re-
piled. mo peaky, them" he retortcd.
and l went on my way laughing, salts !
fed that in future l had better ask per-
mission before | surveyed the contents
of heathen's basket.
The Chinese are still subjected to ma
ny petty prosecutions, and are often bad |
ly treated by these who have an idea |
that the only reason they are not rich is
because they are ruined by Chinese
cheap labor. Then, too, occasionally
there are such outrages committed as
was done at Chico recently-six defence
less Cinnamon shot down. but there is
less public demonstration against them
than there was one year ago.
Hard times are beginning to make
their appearance here. Old Californians
say they have never seen such before
but one would hardly think the want of
money was ever known here were he to
judge by the crowds which throng Kear-
ney street, the fashionable promenade of
this city or by the theatres. which are
opened the year around and patronized
we'll. of course, or they would close for
there are as many elegant wardrobes on
exhibition and jewelry loads down as
many, apparently; but stepping aside
from the places where wealth makes DIS
play, we come in contact very frequent
ly with gaunt poverty's form. For very
much of the suffering and poverty in
this city, the cause is very apparent.
People here have learned to make their
livelihood by gambling in stocks. and
for year the market has been "dead
naV' With only one squirt up, and that
followed by decline more disoOurag;ps
than ever. The result is, those who
we're rich one year ago are in the depths
of poverty to-day. | have had a very
sad case presented to my notice of late
That of lady who, two years ago, held
twelve thousand dollars, cash. She
wanted to 60 east, and wanted an extra
thousand to spend, so she bought some
stock. They declined a little and OF
her brokers' advice she bought more
getting in all her money. Again the.
fell and she doubled mp on them
, that is, her broker carried twenty fou
;, thousand dollars worth of stocks for he
instead of twelve, and she held her stocl
:, on margin of fifty per cent. Of course
had there been rise, as every one an
ticipated, that would have been YER
fine, as her profits would have been dou
bic the amount she could get by buyin
: only what she could pay for; but instea
> of sharp advance there followed
steady decline To be sure, her stoc
paid its dividends promptly, but as thei
market value decreased it became nece'
sary for her to let the broker retain tt
!, dividends to keep the margin goo'
=. Down, down they tumbled until, at las
unable to put up more money on then
! the broker sold them to make good Il
twelve thousand he had paid on then
- and their sale left her over FIVE hundrt
dollars in his debt. and without penn
q for herself or child. Her case is on
one of thousands. | know Montpeli
lady here, whose husband was indepen
- emily rich-if three hundred thousaI
- is an independence. He is now keepil
:, small boarding house, and waiting f
:, turn in the market, for so infatuat
- does one become that every spare doll
- goes into a few shares of somethin
:, Men, women and children; minister
!. mechanics. lawyers, loafers, mistress
n. and servants, all have their broker a.
=. all dabble in stocks. When two perso
:. meet the first question usually
=, Flows stocks q and to the uninitiatt
=, California street, which is to this CT
- what Wall street is to New York, see
- to be occupied by set of madmen tut
ed loose from some asylum. Persons b
80. ter able to judge than myself say tn
:. are daily from six to ten thousand n
a. packed into as small space as will h
- them, all eagerly watching the bullet
=, displayed by the stock boards. l vii
- ed the California stock board, one d
=. during its morning session and I {
&C truthfully say l never witnessed s,
an exhibition before. I've seen str
fights and mob rows; but to see twei
or thirty we'll dressed men in the cen
TRY of room. screeching at each other |
7 1 wild animals, pulling and hauling, !;
ven in five minutes buying and selling I
al lions of dollars worth of stocks,
the keeping track of what they do, is
'ath look upon a combination of quail
doc which is curiosity indeed. The
,usy mans advice to think three times bel
ness speaking would never do for gu
l there, where to think is to act,
FORK where word may ruin man. l Fl
car ly believe stock dealing is the grea