Crawfordsville Weekly Journal, Crawfordsville, Montgomery County, 7 October 1869 — Page 7
THE ORE AT WALL STREET PANIC.
The New York Times furnishes the following account of the exciting gold transactions in Wall street last Friday:
In the history of Wall street since the gold market first became an institution—and that history has been marked by many a stirring scene— there lias never been such a day as yesterday. Even during the war, when a rise or fall of ten or fifteen per cent, was a natural sequence to the news of a battle, there had never been experienced such a stirring lime. Not alone for the fluctuations in the market was it remarkable, but for the varied scenes which it presented to the view of the student of human nature, as well as the insight which the transactions of the da}' afforded into the workings of that mysterious body, the "Gold clique,'' which has held Wall street in mortal terror for two or three weeks past.
Before 9 o'clock the brokers commenced to congregate at the Board, knowing from their experience of the night before that the day would be one of extraordinary excitement, feeling that the price of gold would reach its ultimatum. At about 9 o'clock business commenced and from the first assumed a tone indicative of the day's transactions. At 10 o'clock the market opened amid great excitement, the quotation being 150. Within two minutes a rise of oneeighth ^was recorded by the faithful indicator, and until 11 o'clock the market held its own at this figure. But it was only a temporary lull. At 11 o'clock there was a jump of nearly five per cent., the indicator marking 155^. At about this hour the graud excitement of the day commenced. New street, opposite the Gold room, was rendered almost impassible by a dense crowd, whose gaze was fixed upon the ever-varying indicator, which marked the upward progress of gold. As each change was marked it was greeted by a howl from those inside the Gold room, while the outsiders, happy perhaps in their exile, hailed it with a murmur of astonishment, but seldom allowing the spirit of the contending factions within to move them from their cquanimitj'. And the outsiders formed an assemblage strange to the scene, at least since the days when men resorted to the Gold room to hear the "latesi" news of the war. Representatives of almost every class were there. The great merchant stood side by side with the sans culotte—the gutter stripe of society the man of law compared notes with the Wall street "goat," an individual' known only to brokers and, in line, everybody, not forgetting the bootblacks and a few city politicians, found standing room opposite the Gold room, and looked in gaping astonishment at the kaleidoscopic indicator. From 1551! to 162£ the premium rose with lightening-like rapidity, so that parties who had lost sight of the indicator for only a few moments, turned toward it again onlj' to see that while their backs were turned an advance of over 7 per cent, had been made.
Inside the room the scene almost
beggars description. While the "bull"
party were frantically bidding above party the market rates, in one part of the room, the "bears" were offering gold in another at much below them. Around the fountain, which occupies the centre of the room, some two hundred persons were collected, and he who can imagine the din created by two hundred human voices, all hoarse and discordant from over-use, and all exerted to the utmost at the same moment, may perhaps form a slight conception of the Bedlam Here presented. A stranger, viewing them for the first time, would have supposed that their excitement would lead to unpleasant results physically, but further inspection would have convinced him that they were not actuated by anger, but by a passion much more to be deplored—avarice.
Within a few moments of the highest quototions, a rumor reached the Board that Treasurer Boutwell had ordered Assistant Treasurer Butter-1 field to sell a large amount of gold, (rumorsaid 815,000,000,) and in an: instant the market experienced a reverse. Down from 162£ to 135, the! premium fell with one grand rush— the "bulls" in the meantime endeavoring to sustain it by bidding far abov6 the market rates. Thus, when the quotation was 135, actually, though recorded at 138, a prominent! operator bid 160 for 01,000,000, and lboughtit. From the hour at which gold reached 135 it maintained comparative steadiness, rising first to 136 and again falling off to 133. which was the quotation at 5 P. M.
An Anecdhte of Governor Seward And One of If is Old Friends.
During Mr. Seward's first term as Governor, the anti-rent troubles as sumed a formidable aspect. The Helderberb was intensely excited, sheriffs were defied, and a resort to arms seemed to be approaching Under an act of the Legislature, Seward appointed a commission to inquire into the greivances of the tenants and the rights of the landlords, naming, as one of its members, his old friend Gany V. Sackett, of Senaca count}*.
A da}* was fixed for Governor Sew ard and Commissioner Sackett to visit the infected district. The antirenters, who had never been honored with the presence of a Governor, re solved to turn out en maste to meet His Excellency, and selected an ora tor to rcceive him with a congratulatory speech, quite losing sight of the Commissioner.
The day arrived, and Seward and Sackett went out in a four-horse ba rouche. Sackett, who stood six feet three inches, and always dressed in the Websterian blue coat and buff vest, with an amplitude of white cravat and an imposing gold headed cane, was never better got up than on this occasion, and of course bore a striking contrast to the lithe little Governor. As they descended from the carriage, the crowd of anti-rent-ers cheered lustily, and their Head Center stepped forward, unrolled his manuscript, and opened his oratorical battery upon Sackett, with "Your Excellency," and began his speech, while the mass called out for three cheers for our noble Governor." Sackett waving his cane high in air. shouted at the top of his voiceStop, gentlemen! You have made the same mistake that the people of this State have made. They doubtless ought to have made me Governor, and perhaps intended to do so, but, in fact, they have chosen this gentleman, turning to Seward, whom I now present to you as Governor Seward."— JSTew York San.
INSURANCE.
The .ETNA Insurance Cc.
SS 1ST ID fS
First in Cash Capital, $ 3,000,000 00 First in Available Assets, 5,352,532 96 First in Annual Premiums, 3,617,264 00 First in Losses Paid, 25,221,485 37 First in solid business elements of experience, strength, progress and success. V-?,.
The Best is the Cheapest.
For reliable Insurance call on the undersigned. JAMES HEATON. Asrcnt.
LIFE INSURANCE.
HOME
Life Insurance Company. MUTUAL.
258 Broadway, New York. Assets ^2.000,000. Assured Members. .10,000.
ITS PRINCIPLES
STABILITY, MUTUALITY and FIDELITY
Advantages of the Home:
A first-class organization. A Mutual Company. All ltet profits go to the assured.
Dividends declared and paid annually. It lias declared and paid dividends every year since its organization.
All its policies are non-forfei table—i. o.. its members wi'il in all cases get all the in-
surance they pay
for.
MILLINERY.
1869. 1869.
MILLINERY.
MISS F. M. BALDWIN,
Fashionable Milliner,
Hughes' Block, opposite Court House,
CRAWFORDSVILLE, IND.
HAS
just received a large and well selected
Spring Stock of Millinery,
which she offers to the ladies of Crawfordsville and vicinity. Call and examine lier stock.
Miss F. M. BALDWIN.
aoS
ap20
Doors.
Sasli.
reidence or travel.
One-third of the premium a permanent loan: and this privilege is not confined to parties whose annual premiums exceedf40 or $50, but is extended alike to all its members.
It makes a very liberal discount from its table rates to all'miuisters of the Gospel. OFFICERS:
Walter S. Griffith, President. I. II. Frothingliam, Treasurer. George E. Ripley, Secretary. William J. Coffin, Actuary.
J. FARRMD TITTLE,
Agent lor Western Indiana. &3T Pamphlets and all desired infoann tion will he sent by mail on request. nov26yl
d'ii
CRAWFORDSVILLE JQtfENAL: OCTOBER 7,1869.
Blinds.
Flooring.
3'
INDIANA MUSIC STORE.
E I N I A N A 3 S I O
ESTABLISHED IN 1354.
IVos. 4 & Bates House Block.
INDIANAPOLIS, INDIANA.
STEINA^AY «& SONS TRIUMPHANT
BEST PIAJfr© TN THE WORLD!
18()S. STEINWAY & SONS
Beg to announce that they have just received from'
His Majesty* King- Charles XV., of Sweden «& Norway.
The Grand Gold Medal of Merit, with the additional decoration of the CROWN and RIBBON, constituting the highest complimentary distinction ever awarded to a Foreign Manufacturer by the Government of Sweden and Norway, and bearing the highly honorable inscription "TO THO HO SE. OBKS DESERVE IT
WASSON & ELMOKE,
o. 3. Commercial Block. Green St., Crawftrdsville.
Dry Goods, Cloths, assimeres, Dress Goods, Hosiery,
Gloves, White Goods, Flannels. Balmorals,
Hoop Skirts, Domestics. &e.
—A FULL LINE 01-
Roots. Shoes. Ilais and Caps Queens' and C» lass ware.
at. the iowest market price.
PLANING MILL.
CrawfordsvillegP laning Mill and Sasli Factory.
We have recently put in operation a complete set of NE\V MACHINERY for the manufacturing of
Moldings.
Ac.
Together with all kinds of Planing and Lumber used for Building Purposes, Fencing, Pickets, &c., all of which we will agree to furnish in as good order and at as reasonaole prices as any establishment in the country.
E
Always on hand, for sale cither dressed or in the rough. Particular attention given to parties who furnish their own lumber to be worked.
Call at our ...
MILL ON DRY BRANCH, GRKKNCASTLE ROAD, South-West part of Crawfordsville,
where Doors, Sash, Blinds, Mouldings, Dressed Lumber, &c., will be kept for sale, and all orders received and promptly attended to.
Canine, Boots & Co.
II. M. CANINK is agent for Greenleaf's Patent SHAFTING and HANGINGS. aug6yl
PAINTING.
T. H. WINTON,
BOUSE, SIGN AND
ORNAMENTAL PAINTER
W'
"OULD return his sincere thanks to a rpi a Glazier, Gilder, Paper Hanger, Engraver
generous public forpast favors. As
on Wood, &c., he is equal to the best workmen in the State-. Shop on Green street,
S O E
Agents for Kappes & Company's Pianos,
Indianapolis, Indiana.
BEST PIANO MADE IN THE WEST! Keep all kind of Musical Merchandise.
A Large and Fnll Stock of other First Class Pianos.
Agents for the Celebrated Mason & Hamlin Organs.
Sheet Music A Specialty! OLD PIANOS TAKEN IN EXCHANGE FOR NEW.
TUNING AND REPAIRING DONE PROMPTLY. julySyl Address, A. G. WILLARD & CO.
DRY GOODS, CLOTHS AND CASSIMERES.
1868.
•"HENRY WASSON. C. \Y\ ELMORE.
EDUCATIONAL.
Ladoga Seminary.
ttTTAYINGgiven this school a thorough
XX
trial, I regard it as offering the best
advantages for the j)rices charged, of any school in the State. WM. JOHNSON.''
School Opens September 0,1860.
CHAIIGES FEU QUAUTER
HAVE
OF TEN
WEEKS.
Room rent, each pupil, $ 4 00 Tuition, Primary Department 3 50 Preparatory 4 50
ELSTON CORNER
G. IV. ROBDSOX A CO.
established themselves in the old ELSTON CORNER since the fire, and have now on hand a large stock of
FAMILY GROCERIES,
such as
Coffee, Sugar, Ricef
HARDWARE. AO.
LOCKS
MILL,
TIIE
Academic,* 1st year,.. 0 00 2d year... 7 00 2d year .. S 00
Incidental fee, Primary Department, 25 Academic 50 Reading Room fee, 50 Music—Piano, Organ and Guitar,— 10 00 Use of Instrument, 2 00 Other branches of the Fine Arts, usual rates. Boarding per week 2 25
Tea, Spies, Jfl olasses,
Wooden Ware of all Kinds
A full stock of
SUGAR BUCKETS,
And everything connected with the busi ness, of the very best quality.
Country Produce taken in exchange Groceries.
Theyinvite thepublicto call heir stock.
Latches, 'Butts, and Strap
Hipges, Screw Hook and Eve, Gate Hinges," Glass, Futty, Sash, Doors". Blinds, and every variety of building material, cheap At GREGG'S MAMMOTH.
DRAG and Cross Cut Saws, Rip, Hand, Panel. Tenriori, BacK and Keyhole Saws At GREGG'S MAMMOTH.
LOG
CHAINS, Coil Chains. Fifth Chains, Trace and Tug Chains, Halter Chains, Brass and Iron Jack Chains
At REGG'S HARDWARE STORE.
CHOPPING
and Broad Axes, Foot Adzes,
Planes, Mortise and Socket Firmer Chisels, and Drawing Knives of the best quality At GREGG'S MAMMOTH.
Gr
RUB HOES, Planters and Garden Hoes of all sizes and qualities .. ... At GREGG'S Mammoth.
OR Good Bargains and Good Goods, go to GREGG'S.
["mmense stock of New Goods just opened at Gregg'sMammoth Hardware Store.
EAUTIFUL Patterns and New Styled Ivory Handled Knives and Forks At GREGG'S.
FARM
Bells, School Bells, Hand Bella, Door Bells and Tea Bells at GREGG'S.
LADIES
ONE
FOR
wishing a superior quality o.'
Scissors and Shears will find them at Gregg's Mammoth Hardware Store.
hundred and twentv-eight different patterns of Pocket Knives at GREGG'S.
CALL
for Wilkinsod's Celebrated Sheep Shears at GREGG'S Mammoth Hardware Store.
Curtain Bands, Curtain Knobs, Picture Nails and Fancy Goods, call at GREGG'S.
A
LARGE variety of Pocket Books and and W.illets cheap, At GREGG'S.
CALL
and see the endless variety cI Knives, Razors, «fcc., at GREGG'S.
CLIMAX
E
Mower and Reaper. the later!
improvement of the age.'is the lightest running, has the least maehiuerv. fewest bolts of any machine and onlv requires two men to cut and bind«froin S to .10 acres per day. Come and see the wonder, everybody, at GREGG'S
Mammoth Hardware Store.
YERYBODY ood bargains
joes to Gregir's to fret
World Reaper and Mower, the onlv cut gear machine ever built, every wheel is turned from solid iron, and the cogs cut with machinery and fitted on an iron case as perfectly as a watch. It runs very light and will wear longer than any other machine. It is a dropper, self-raker or hand rake, and is the finest machine ever built. Go'seeitat GREGG'S
THE
A, J. VAWTER, Principal.
Ladoga, Ind. julv29 2m
GROCERIES.
Hardware Store.
Improved Quaker Reaper and Mower, a perfect curiosity and the wondei of the World, on exhibition at
WOOD'S
GREGG'S Mammoth.
Self-Raking Reaper and Mow
cr also, the New York Self-Rakic^ Reaper and Mower, at ... GREGG'S.
\AE Celebrated Vibrator Threshing Machines At GREGG'S.
A.
AIIR & Co.'s Richmond Threshing Machines At GREGG'S.
O
NE and Two Horse Grain Drills at GREGG'S Mammoth,
EVOLVING and Sulkv Hay Rakes and Horse Hay Forks At GREGG'S.
ARVEST Tools of every kind always on hand and sold cheap at GREGG'S^
OUBLE Shovel Plows for the million, At GREGG'S.
JUST
received, a very large supply of Iron. Steel Horse Shoes, Horse Shoe Nails anil Blacksmith?s Tools at GREGGS.
EVERYBODY
4 examin *pr23
should go to Gregg's to
see the immense stook of New Good* just received and daily arriving, fome evervbody. jnay20
