, 1881-09-26

III.
nar0 thafi I01. atouethcr. Ynt protubly tho trio
", "n no rcn en1oymGnt over tnGs n ~ tat
from lhp dlshua II n f1r,I Mayor.
!. ------zs---
CORNERS IN STOCKS.
:, --
Iscm1nisccf,cca Of Famous s'Tsrists"
Mr1n tho ''*i,urtsn During tie Past
Aa@lt Century.
Nf0 iofk nofti.
es,,. 10. ~ ". n'oes wv. IT,. ,1',.o.,
~ n a". ,at ',' na ''"sv sa. VI" n.s,s,.n T.,
a ,,. 's mIen 1'Itt 'Aea's" ~ 'na~. o.u'.a 80 i,
-, D'o"t' VIM ",a NIm , 't..s' ~
'nno y ulc"S =, le.r 'fA ta'4e't wv" ets". ~.
asy "pon lt''lty s.e1pl:. rne ,,, ~ ,,ae rne ~sS
~, ass aes'st'e' " .te t,, ns, ,,i.an
some.s - u" Hoout a. .a .''m !.,:..,
" nunetsu !,te. stoeh ,,1,' -" @."n,
10 1vs .s '' .r " , H's LIME ".s. ~. ,,is ~
a"s' ~ to' Ahc icnsun2 ~, n%,tta w. % sr.e
". .a ts. a1nt.ss .,'". u.s. ,.,s Iosas T. .n. i,altt.
=" ~, 'o 4"., s'i"t uau .e"e.a y. Nv tra
.M .,. ~ t"o eensl" o ~ ,ato-,s., ~
niH ..,a H.s VI :" l''e ",,.. spsx saoo,,a., tharc
w. sa'a tu'"cic.a' "i,u osao"S ,.,.,to,.s for
10 n..e. pon. -. no 'os .n. s"a oa,,;tai T., tha
,e, ~ ae'Yo ulal's a'.! s ~ ~. n,,n,,
.ss!s.1 .. ,r,' ulS.'os t,., :. Il. n,.t.'t Fam.
es a.o uo, ... NO tha ;rst ,,oto.
ts , eosne, y. u .eo VIZ 10y ,.t a1thnn,, ,,at
n.s NV ~ tno S1lce', ..a t1.o shnr,s trs,m a,t
o soto tus wv, h"t ~ n toro,,
m lo' ".,a s,"sau t,' ,,n.', o,.t
. ts nI'ao .', -" ,,ay, "ot,,d r;,io,,.
ss,.. so ~. sio % i'o' M' ". ,cas " h,,ro,or ,at.,,
ssI'5 ,i,, s a"m, mt M only ohnut i1fty mrniers
Re,l.er to yoto upon 4 tcst case or enforcing
tie Morris contracts, and In that year when
a milton Of Governments wcte bought Il, q
block. Or when my STOCK pfokef deposltea
S5oa,000 iii single day, Dcltttofi-
ico's md Niblo's cotTec-Eouso were
nror with "tnlk." Ths speculative
with the highest gambling splrit-as, for ill.,
stancc, wien $1,000 shares Of Harlem (thcn
,itne miles losg} were sold for delivery,
while the rcgular shares numbered only
NV" !'" tao'1ls et'M. ~. colnel' ehe
clique led by .1acob Little, who was
practically tho author 0t short sales, was
mainly mule p of New jersey ,, capital
below par, !ent II freely IN small and seat
tered lots MD thereafter went Into tho street
to make time purchases OF 1t. The Harlem
S.te .;as ~ r.r @ sIu atxtu Dy ,aya nnd % ~
pflces' ouset s@ty u"Js' nio 80 Gu
tlclng tho "hopetaIs" tas III MS day
Jacob Little classified the dealers md brokers
tar n % ho,,i ,ha nnrlrot Mt IN. on thc first of
w " iut1 '.4o n"l ~ .s.' to u4at
the settling days 4,cAO shares came ap With
differences amounting % ~ 10 to $4,000 IN fnyo1
to cnil st Rgn, sctnE ot to Stock noard viii tie
hone thut, inas,nucll as 50 many members
were interestetn breaking the corner, tho
contracts might for solns ilaw be declared
tx; tie phs rst "is9 vote sid: tontracss must 10
fulfilled" AZ moro differences fell due tho
boarJ elected COMMITTEES OF four. to whom
differences were paid, nnd eventually there
Xas so'1pToisi q ! .oIL In s IT, Was tae
ttore Vanderbilt, not SO ,mucll for, pro-
nd Z contiao, So;fncl| had fisea eas
that there should bs under ~ ola iegis!att,Se
iiarlcm turning from Union square cast
Into md duwn Dloa.lway;-i.hen Il must val.l-
able franchise. SccretlyA. howeyer, Asseln-
blyinen and Aldermen. tlslurlnined wi,en the
short. They fund 1t easy to borrow. In
reality. wIlateyor stock Vanderbilt und Ills
then illal, Friday, John II. Tobin, controlled
! male ~ the caplia1 stock. anu soo., the iny
afterwards. They were furious, md their
fury got them Into sccprt tolls "We Will
repeal tho old grant, tha LEGISLATORS de-
cfarrt. and four iDnihs Afterwards they did.
Stcullwiiilo tic old Victims Ind again g0ne
si,0u, expecting the stock to tall. Vas,tler-
bilt hid TObln wore on the street, appAroMt
/ sellers Of largo blocks, ai,d Horace +. Clnrk,
enyo cut everywhere that Tho Coiliilo-
| dore wits tired Of IIurleu1 aud OF
| tic Legislative chickering's with It, These
snies wgrc, however, shlIn to u large extent,
brtt the pficcs ,yura allowed to tlrop tetuut.
lllg,y potilt by point. Wherefore 1t Gntno to
ppsS that theru was in February even
tmrEur si,ort Interest thal, there had been in
lis prCyjous September. This tinlo tho
sl,Nres run up to 2y5-whlch Is sixty points
pbnye what Hannibal stood at yesterday
ntlI tIe IInrleul corner resulted iii breaking
n Ioxpi, brokers. and stripping Il III
Of polittciaus WlU ,yere afterwards
| eomusilcd to Dlultlor tho Civ Treas
urw In order to retrieve , tho
i,nfance, Two years afterwards, in Novolll.
her. iV05, occurro,I a corner In tllo stock OF
ttle rrairlo iii U,en lilitruad (ll0w coIlsolI-
snfed with dc Mtlwuukeu 4 st, Pnui]. The
corner wns !. hike. atul cunle about In this
way: William ii. Marstoli, Whom War tines
bru,,u1,t u thp street rs ol,o Of Its Kings frUt,l
fliInnis. where hc lla,l been cnshIrr Of q Inlk.
hni uatl" ni,nut SiiD. .U0. iii cOnitnetIon wifi,
l