The Marshall republican., 1907-05-10

Wild rush: "25. 900 Shares from 40 To
i5a." That Is the way II came on the
tape. which meant that the crowd
around the sugar.pole was a mob and
that the transactions were No heavy.
quick and tangled that no n could
tell 10 q certainty Just what tho first
or opening price was: hut after the
first lull. after the gong. there were Of. |
firiaily reported transactions aggre.
eating $4,000 shares and at prices VA.
rying from tt0 TO i52. ! was over on
the floor TO sec the scramble. for II
was noised about long before ten
o'clock that sugar would open wild.
and then. too. I wanted TO be handy II
Bob should need any quick advice.
A minute before the gong struck.
there were 900 e jammed around
the sugar.pole: men with set. deter
mined faces: men with their coats
buttoned tight and shoulders thrown
back for the rush TO which,. by con.
parison. that Of n football team 10
child's play. Every man In that
crowd was q picked man. picked for
what vas coming. Each felt that
upon his individual powers TO keep q
clear head. to shout Ioudest. To forget
uothinM TO keep. his feet and to stay
m nea the center OF the crowd as pos.
siblc. depended his floor honor" per.
haps his fortune. or. what was more
10 him. his clients fortune. Nearly
every man OF them was a college
graduate who had won his spurs nj
athletics or a seasoned floor man
whose training had been even more
severe than that OF the college camp.
~. When II was known before the
opening Of the exchange that there are
TO be things doing" In a certain
stock. II Ia the rule to send only the
picked floor men into the crowd.
There may be n fortune 10 make or to
lose In a minute or . silver of q min.
ute. For instance. the man who that
morning was able to snatch the first
5000 shares sold at 40 could have
resoId them q few minutes afterward
1t 1852 and secured $50. 900 profit. And
the man who was rent into the crowd
by his client to sell 5000 shares at the
opening" and who got but 40. when
the price would be 1862 by the time he
reported to his customer. was a man
tn be pitied. Again, the trader who
the night before had decided that
sugar had one up too fast. and who
had "sborted" that II, sold what he
did not have, with the intention OF re.
purchasing at a lower price than he
sold Il for) 5000 shares at 40 and
who. fnding himself in that surging
mob with sugar selling at l62. could
oaly get out by taking q loss Of $780,
900. or by taking another chance of
later paying 162-such q trader was
also TO be pitied.
No who scanned the crowd that
morning would have believed that the
calm, set face On that erect Indian
figure. occupying the very center OF
Dat horde OF gamblers who were only
owaiting the ringing clang OF the gona
: huri themselves like. madmen al
sacA. other. was the hystericai man
Who the night before was wildly pray
lng for this moment. Nearly every
man In that crowd was calm, but Bot
BROMLEY was the calmest OF them all
IT'S the exchange code that at any cos
Of heart or nerve-tear q man must re
tain good form until the gong strikes
Then. that he must be as near the un
Gagged tiger ~ human mind and bod!
can be made. Only realized wha
voecano ragged inside my chum's bosom
any other man Of the crowd hal
known, Bob's chances Of success woul'
have been on par with . CANADIAN
caaosist short,cuttlnE Niagara for Bul
fnlo. Nineteenth OF the stock .,
change game IL not letting your lei
bgAin lobe know what race your RICH
n until the winning numbers IN
~ aiso-rans are on the board. II on
q those 500 chAinIioAtniAg thinker
~ any Of their 10000 alert associate
knew IN advance the Intentions OF
fellow broker. the word would swee
through that crowd with the surenss
o. uncorked sther. and the other 30
q gong strike. would BE- 1t each OF
. ers' threats for his vitals. and befol
ne knew ths easns had started Woul
hsva ~ hcnss picked y : vultnr