The daily morning journal and courier., 1900-06-01

change and you are looked upon little
 suspciously at first. If you were to try
 to sell or buy in quantities you would
 have to become a member, or the big
 'bouncer" would be called upon to put
 you out. The membership does not cost
 much. There are no annual fees. The
 member is required merely to buy two
 drinks for every day. that he deals in
 the exchange. The drinks cost five
 cents each.
 A passerby dropping into the place
 when the exchange is in full blast
 would find all three rooms crowded,
 and the bar doing q rushing business.
 Yet there is no frivolity, none of the ' usual barroom nonsense; every one is
 earnestly intent on his business. The
 dealers are bulls" and bears" sellers l who want to keep the market up, and purchasers who are interested in sec | ing it go low. The buyers are princi-
 paliy men who came to get stock for
 their stores. The sellers represent vari-
 ous classes. Here is one dealing with
 a storekeeper who wants lot of trous- | CTS, two coats and an overcoat He
 wants two dollars for the lot. The buy
 CT will not agree to it, and says he only l wants the trousers anyway. The cloth
 ing in question has been collected in and
 about Harlem. Thesseller is a profess | sional beggar, who haunts the district | just below the river. He is one of the
 most successful "old clothes beggars' in
 the city, and the clothing he has to sell
 represents only the work of a few hours | last night He has room on the Bow cry, and lives comfortably. He comes to a deal at last with the storekeeper, the latter taking the trousers for 85 cents. The beggar sells the coats q minute later for dollar, and goes away.
 1 But the man who bought the trousers has not yet completed his stock. He wants more of the same articles Right behind him is a tramp who has two pairs They are not very good ones. One has rent across the knee, yet it can be patched, and made fairly re- speetable, The other pair is frayed around the edges, The tramp is mod est indvidual. He has none of the elf-assertiveness of the beggar. The latter is a success in his calling, while the tramp has proved himself a failure in exciting sympathy, so the dealer has comparatively easy time of it in get ting the two pairs for 35 cents He piles the trousers up with the other four l pairs, smooths them out nicely and l looks around for more. The tramp, | who has sold out, makes for the bar, and is soon getting meal at the free | lunch counter.
 The dealer steps upon one of the | benches, announces in more or less classical German that he wants some { more trousers, and is in minute sur rounded by men who want to sell. He | tells this one that his goods are worn out and are not good, says to that one that two many patches will be required | and that the trousers are not worth the | work.
 He proves thatnot one of the garments is worth taking home, and not fit, to wear. Then he proceeds to take them Having got together all the clothing he can carry, he now smootbs and folds all the trousers, makes them into a pile, ties a rope around them, and, swinging the lot to his head, starts for his home on Hester street.
 Over wonder is a man who buys old clothing from house to house. He has come in with large clothes basket full. He goes to the bar for drink and then. selecting a corner on one of the long tables, proceeds to spread out his goods. He has pretty nearly everything, from q fairly good overcoat to pretty poor pair of shoes, He has paid for them anywhere from cents to 50. Pretty soon he is surrounded by men who want to buy. Here Is an old-shoe dealer, who bargains for two pairs of shoes. He pays 75 cents for the two, Now comes a man who Is looking for anything in the way of underclothing. He takes a lot of odd pieces prices which will enable him to sell fos 10 cents or less gar ment and make money. There is a dealer in general clothing. He tries to buy the lot, but the dickering and hag- gling does not bring buyer and seller together, so the former goes away to look for bargains elsewhere, Now there enters the keeper of a paWnshon, who has lot of old clothing in fairly good condition, He wants to sell but his prices are high and he has to stand and bargain for an hour or more before he has disposed of his goods.
 By noon the place is packed. There are, in addition, to the various regular buyers and sellers, men who want to buy something to wear Here is tramp with 10 cents, looking for a pair of trousers and he gets one for the money. Another character is the work 1 ingman, who needs an overcoat Then there is the man who looks as though ( le could buy good clothing if he wished. l He is wearing fairly good clothing now. But he keeps looking around, and at ast, seeing an overcoat that looks about IS good as new, he buys it for go cents md goes to tailor-shop to have the coat pressed. It will look well when he las had it fixed up a bit, and no one will Snow he got 1t at the od-clothing ex- ,hange on Bayard street.-From the New York Evening Post.
 REVOLUTIONIZ- | .