Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1907-10-02
CHAPTER v.

THURSDAY, November IL, was
memorable day in Wall street. As the
gong peeled it's the-game' s-closed-till-
anOther-day, the myriad of tortured
souls that are supposed to haunt the
treacherous boys and Quicksands of
the great exchange, where lie their
earthly hopes, must have prayed with
renewed earnestness for it's destruc-
ton before the morrow Never had
the stock exchange folded it's tents
with surer confidence of continuing
its victorious march. Sugar advanced
with record-breaking total sales to
207k and the final half-hour carried
the whole list of stocks up with it. In
that time some of the railroads Jump
ed ten points. Sugar closed at the
very top amid great excitement, with
Barry Conant taking all offered. Dur
ing the last 80 minutes it had become
evident to all that the board-room
traders and plungers, together with
many of the semi-professional gam
blers, who operated through commits
sion houses. were selling out their
stock and going short over the open
ing of the Wall street hoodoo-day, Fri
day, the 18th of the month. But it
was also evident, with the heavy
selling at the close and stiffness
of the price, which had never
wavered as block after block was
thrown ON the market, that some pow
erful interest as we'll had taken cog
nizance of the fact that the morrow
was hoodoo-day. At the close, most
of the sellers, had they been granted
another five minutes, would have re-
purchased, even at loss, what they
had sold, for it looked as though they
had sold themselves into a trap.
Their anxiety was intensified by the
publication, few minutes later, of
this item:
Barry Conant in coming from the
Sugar crowd after the close remarked
to a fellow broker: BY three o'clock to-
morrow, the 18th, will have a new mean
ing to Wall street. This was interpreted
as pointing to a terrific jump in Sugar
Tomorrow"
''The street. knew that the news
bureau that sent out this item was
friendly to Barry Conant and the "sys-
tenn" and that it would print nothing
displeasing to them. Therefore, this
must be a foreword of the coming
harvest of the bulls and the slaughter
of the bears.
Others than Ike Bloomenstein re-
marked upon the fact that Bob Brown
ley had hung close to the Sugar-pole
all day, but when the close had come
and gone without his having anything
to do with the Sugar skyrockets, he
dropped out of his fellow-brokers'
minds. Wall street has no use for
any but the "doer.' The poet and
the mooner would be no more secure
from interruption in the center Of
the Sahara than in Wall street be-
tween ten and three o'clock. Some
sage has said that the human mind,
like the well-bucket, can carry only
it, I'LL. The Wall street mind always
has its fill Of budding dollars. In con-
sequence, there is never room for
those other interests that enter the
normal mind.
Friday, the 18th Of November, drift
cd over Manhattan island in q drear
drizzle Of narrowed chilling haze, which
inst missed being rain-one Of those
New York days that give 2 hesitating
1 suicide renewed courage to cut the
mortal coil. BY ten o'clock It had set
.fleds down on the stock exchange and
a. surrounding infernos with clam
Ssssrssn f1,Sts danred the spirits Of the.
npaut bulls. No class - the