New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-19
HON. BRoKLRS WELCouE NOTICES.

| SOME OF TIE HAZIHG PRACTICES OF THE STOCK
EXCHANGE.
Yes" said the Old Observer of the Stock Exchange
az he sat in congcnal quarters and clatted with
earnesteyed enthusiast il search Of knowledge Yes,
believe that the boys are getting little lax in hazng
Some particular persons might say that they were
becoming civilized but then that would reflect
only mawlish sentimentality which objects drown
ing boys to within an inch of their lives college.
As an actual fact Young man. New Tennessee
got upon the floor OF the Exchange Wednesday
and wasn't moooed TO death N afraid the prog
OF civilization though wouldn't have spared him
II he had been sped by o; roguish boys.
He was a young man. light of form, light of hair
and eyes and hight OF size He Srfed into the board
from OF the Newest. doors and got tar
the money crowd and just at the time bids
little lively just then of the pages discovered him,
Il fear the page was bull and didn't want
stranger to swell the ranks CT bidders for money,
and quietly went up to inform him that the rules
unfortunately prescribed that he should only gaze
upon the stock brokers in the Stock Exchange from
the elegant galleries we pro,i for strangers. The
two men went quietly to the door and our visitor
didn't lose bis hat collar coat equaniuity."
The Old Observer paused. What Is New Ten
uessee ?" he said repeating question. well, it's
a newcomer, but you mustn't ask why such name Is
given. It's mixed up with stocks and bouds yon
know aud the boys will understand the point of it,
The earnest-eyed enthusiast looked wildly dsconten-
ted but did dare pursue his inquiries further
Here's fun" remarked the Old Observer and then
he resumed
Yes, there has been some pretty rough hazng on
the floor of the Stock Exchange and it hasn't been
confined to new members. Crosstown' Careys
experiences are fresh IN the minds OF many members.
and the rough treatment that the jolly old gentleman
was subjected to by the bosterous young fellows of
the board possibly had good deal 10 with shorten
ins his life Oh everyone knows how member
: received at the Stock Exchange. He comes III
with friend modesily timdly. with obvious self
confidence, 1t makes difference. He is quickly
rounded 10y crowd Of brokers who make him happy by
pungen. allusions to his style Of dress personal
features, exaggerating every possible weakness or
what seems weakness III the eyes OF those who may
have the same peculiarly. Then comes ruder
course treatment-the nOvice's hat is mashed
his eyes, his coat collar is jerked up his neck
PERHAPS he is pulled in many different directions
by 80 many strong haIids that his coat is 10
shreds be Is lostied, his cOrns are trod on If he
shows resistance be be smOthered by the crush
about him and en-well. he gets out OF the
quickly as possible, and afterw ard is Of the gang
aud has friends in his recent abusers.
OF course the severity of the initiation depends
the condition OF the market Many member has
slipped III with nothing more than little jo-tling
because the attention OF h' fellow-brokers was
absorbed by strictly business' Others have gone |
into the board when orders were slack and have
enjoyed the fil measure OF attention due TO them.
But afraid that this hazng getting less popular
than of old and we that are in our decadence"
The Old Observer sighed pensively Ii is not long |
ago he added " when of the young of the /
family unidentified with the Panama anal thought
could the tables the tOrInentOrs expected
when he entered the board room for the first
time. He wore a brown felt Derby and had the rim |
filed with small tacks, whose busness-ends looked |
ceiling ward. Well the first fellow who grabbed his
hat 10 pull il down his head didn't enjoy IT, but
the device apparent In an instant and that hat
was knocked on the young mans head and sent fying
into a harmless oblivion. I'm afraid that those
tack -tIcs and the Old Observer coughed VIOLENTLY
responsible for the shred-like condition OF the
young mans coat when he finally escaped into
Broad-st
One of the toughest h0zlngs in recent years was
that OF Big Bingham, who formerly was with George
William BallOu But the boys knew he tough "a
great big muscular fellow who takes boxing lessons
from the athlete Miller-and he stood the banging
about with equanimity and good nature. Hazers
no respecters OF persons and when young George
Gould Joined the Exchange be treated In the usual
wsy But George took it all in good part and his
was of mild nature. Sometimes a hazing
leaves lis marks-l don't mean now physical ones.
Our genial friend, +. +. Trowbridge, OF the
Forty Thieves , as the forty members called
no took the seats sold when the Exchange wanted
raise money for its enlargement he introduced
by kindly friend and received warm reception
which eliminated in his being hoisted 10 the
room lie was called the rising young broker from
there on and the name Is still his now. Now, don't
ask me for any instances, concluded the Old
Observer = for hear gentle tukle-tinkle which
d1nonishes that / must quit
Far out of sight while sorrows sui enfold us,
he faf unit - lrre uur