St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-29
rhs Members of the Board of Trade
Bidding Farewell to Their
Old Quarters.
The Closing Scenes Marked by Much
Merrymaking, Music and a
Stag Dance.
The Bulls Leave the Old Pens on a
Canter, With Tails
Erect,
While the Bears Shuttle Out in BAD
Humor, Under Pressure of
Higher Markets.
A Generally Firm Feeling in Stocks.
With Slight Advances in Strictly
Speculative Lines.
Chicago.
Snecial to the Globe.


Throughout the forenoon the room was
crowded. outside the pit, and 1t was esti-
mated that more members were OH the floor
than at any time within the past ten years.
Veteran operators, who had made their
pile and retired, were present In large
numbers and beamed good naturally on
their more youthful successors. To them
the pits brought to mind the struggles In
which they had participated, with varying
successes, to ultimate triumph, and it was
pleasant to think that they were still part
and parcel of the new mart, so typical OF
the progress Of Chicago. These men were
inclined to look upon the building at the
head of LaSalle street. as constructed upon
the foundations broad and deep laid by
them years ago.
Another class, not so well represented,
but sufficiently numerous to be noticeable,
gathered i'll knots along the edges OF the
crowd and cOnversed in more subdued
tones. They were of those who had been
Oh the wrong side Of the deal, whose
ILL-LUCK FOLLOWED THEM,
whether as bulls or bears, with only the
variation of an occasional whip-saw, and
were inclined to look with somewhat cynl-
cal eyes on the weaving and new order OF
things. AS a rule these men were reasOna-
bly, prosperous III other business and
retained their memberships for the purpose
of taking an occasional flyer in order to SEQ
if the wind would always blow in their
faces, more than for any other purpose.
With the caution born OF long experience
on gala days, the active members seemed to
have a wholesome fear that the more eXu-
berant portion of the crowd might become
demonstratve and silk hats were eschewed,
10 in, tboir -%a Qf a.
cidedly disreputable specimens Of headgear
had been dOnned.
The visitors from abroad could easily be
distinguished by their shiny tiles, and aside
from their neat dress they constituted as tine
an appearing lot of gentlemen as could be
selected after diligent search. 1t is not
of record that they were chosen to represent
BOARDS OF DIFFERENT CITIES
on account of their beauty, but in them fine
bearing and address and good business
qualities seemed to have been combined
Representatives were Oh the floor from Lon
don, Liverpool, Berlin, New York, Boston,
Philadelphia, Baltimore, Pittsburg, Cleve-
land, Buffalo, Montreal, Quebec, Toledo,
Detroit, Milwaukee, st. Paul, Minneapolis,
St Louis, Indianapolis, Cincinnati, Louis
vile, Atlanta, New Orleans and San Fran
cisco. 1t was great day for the boys. AS
far as practical business was concerned,
there might as well have been no
session. What trading was in
dulged was simply of all evening
up character so that operators
could spend tomorrow in celebrating the
moving into the new building without a
fear that they were losing fortunes by rea-
son of the holiday. Instead of crowding
the pits the boys circulated about the floor,
cutting up all sorts of antics, and making
more noise than usual, The
EXUBERANCE OF SPIRIT,
however, did not make itself prominent
until after the close of the morning session.
About II o'clock, some of the settling
clerks, who could not hold i'll their enthu-
siaSm any longer, were the means Of caus-
ing great deal of excitement and drawing
an immense crowd to the street by shoot
ing off cannon and fire crackers in
the alley at the rear of the old building.
The fun did not last long, and it was
described as 1.-The taking Of Herat." In
anticipation of riotous time OH the floor,
the gallery was packed to its utmost limit
by crowd OF spectators, and they looked
down with laughing eyes on the play of
bulls and bears waiting for tho expected
rumpus In the meantime the floor man
ayers of the afternoons sport were busy
perfecting their plans. These managers
were such old-time lively fellows as George
Baldwin, Ed Bangs, Billy Linn, Fred Hib-
bard, Dick Wagner, Hank Parker, W. L.
McQueSton. Jim Cochrane, George Brown,
Frank Clifton, c. Z. Cole, Webster Storms,
and l.. G. Brown. Frank Crittenden had
previously been selected as master of cere-
monies and carried his part to the utmost
satisfaction of everybody. Following was
THE PROGRAM.
music by the First Regiment band, which
entered the hall amid great cheers, an adj
dress by EX-Congressman Dunham, song
by the Imperial quartet, recitation by
Thomas w. Keene, more music by the
quartet, recitation by Nat G. Goodwin
and selection by the quartet
1t had been contemplated by the committee
of arrangements to have the closing exer-
ciSeS begin at 2:30 p. III. 1t became evident.
however, that the boys were not in any
humor for business, so at noon Secretary
Stone appeared in the gallery and announced
that, by special request, the closing cere-
monies would commence at , o'clock. The
announcement was met with cheers and in
the excitement two or three silk hats were
smashed. Soon after w. w. Boynton
started song and the trading gave way to
music. The grain samples had been re-
moved from the hall early in the day and
consequently the usual throwing of them
was dispensed with. The real fun, how
ever. commenced after the regular order of
the program had been gone through with.
1t was in the form of
STAG DANCE
to the music of the band. The sport was
uproariouS in the extreme, but il gave the
boys a chance to show off their fine points
in regard to terpSichorean art. II was with
the utmost difficulty that the young menu
berS, and good many not so youthful. could
keep their spirits anywhere within sight of
the strict rules imposed. They were ripe
for anything, but a wholesome fear of dis
cipline had very restraining effect When,
however. after il had been virtually under
stood that trading was over, Nat Jones had
the temerity to step to the pit and
bid 91kc for untold quaint |
ties of June wheat 1t was
considered the last straw on backs of both
bulls and bears. He was hustled to the
center, and tossed up and down by dozens of
hands, as though he was q featherweight |
instead of lusty ACKNOWLEDGEMENTS,
and upon endeayoring to escape was igno- |
miniouSly captured and given
REPETITION OF THE TREATMENT.
When he finally crawled out he had the APP |
pearance of having been Rugged and clawed !
impartially, while the crowd united in sing |
ing Goodbye, My Lover. Goodbye" Char
ley Hill then endeavored TO start up" Home, |
Sweet Home, but q handful of wheat in |
terfered with the second note, and he was |
instructed TO wait until his services as leader |
oS the choir were needed.
The bulls evidently determined that the |
last day in the old room should not be sig |
nalized by anything that could be construed |
into victory for their persistent enemies. |
With that determination they assembled /