Show A DAY IN WALL STEET The Great Excitement Over Reading Stock Unprecedented SalesScenes of AGain A-Gain of Over Eight Per Cent in the Day Jersey Central NEW YORK Fob HThe stock exchange ex-change this morning resolved itself practically Into an exchange for Reading stock Over 300000 shares of this stock were traded in during the first halfhour of business It is doubtful if the stock exchange ever witnessed such a scene as took place at the opening of business Tho post where dealers in Reading stock generally congregate is the Broad street wing of the I board room but this morning the mighty crowd of brokers packed densly together overflowed the limits of the stock crowd and swallowed up in their numbers half a dozen other groups members of which had to go elsewhere if they wished to trade in special stocks At the drop of Chairman Mitchells gavel this morning announcing the opening of business 200 brokers gathered in the Reading group and became like maniacs Such a hustling pulling and excited crowd of men has seldom been seen Length of limb and depth of voice came in in good stead this morning In a few minutes 64 was touched The scene was pandemonium Wilder shouting struggling and scuffling occurred than in time of a panic The excitement aid not flag through the day and brokers who had endured the ordeal were exhaust ed atthe close of business It was a day of tumult and excitement that appalled the oldest men in the stroot Figures Fig-ures alone will give some idea ol the transactions It must be remembered re-membered that on days of intense excitement excite-ment and activity tens of thousands of shares arc bought and sold which are never reported so as to be included in-cluded in the official record In the first two hours after the opening it is estimated 400000 shares were dealt in That is a record rarely made for a day it has often been the record of a week The total reported transactions for the day amounted to 1442940 shares Whats bid for one hundred cried a broker rushing up to Heading crowd this morning Run away little boy answered another an-other mopping his brow We are playing with blue chips only today The stock sold at 573 to 61 on dif fferent sides In tho drat few minutes min-utes prices advanced to 04 a jump of S since yesterdays close and an advance ad-vance of 23 per cent in a week In the first hour over three huudred and fifty four thousand shares of stock changed hands Trading in income bonus was fully as largo and the price made even more violent vio-lent advances than in the stock Jersey Central and New England each advanced S per cent The bears covered their shorts I I in Coders at the highest figures and their losses are such that failures are generally expected Contrary to general expectation not a failure was announced and with the fall of the hammer of the chairman at 3 oclock the biggest day in the history of the exchange ex-change came to an end The confusion ana excitement were just as great as at the opening No one looking at that maddened mad-dened excited crowd of men shrieking at the top of their voices would have supposed sup-posed Idem to be business men capable of d li in 15000000 worth of t in dealing n o property n thirty minutes but such was the case and moreover the value of Reading stock alone I enhanced 3300000 by the very actions of that excited mob It would be useless to figure on tho money made and lest today The transactions were not enormous in the aggregate but all individual trades were on a large scale Wednesday December Decem-ber 15 ISbG the total reported sales was 1074000 shares This was up to today the greatest on record By a singular coincidence the most conspicuous stocks on that day were Reading and New Eng land which were today the great features of speculation Telegraph operators employed em-ployed in the exchange to send out quotations quota-tions had to be relieved every half hour owing to the tremendous strain upon them The directors of the Reading Le high Valley and Jersey Central today ratified the contract for tho new deal |