Show goulds corner gold there are fridays in history bajt the of all Is the S ack friday of sept 24 1869 frea eberiein the noted sign painter arch antiquary sage and gist has dug up a lithograph of the quotation board of the gold room as it appeared on that fateful aay says the new york press it ie a solemn black and white affair black board and white chalk figures but it is a vivid picture of the most terrific day la wall street history according to a chronicler ol 01 the time old operators lost their heads and rushed hatless and halt crazy through the streets their eyes bloodshot their brains on fra new street was so jammed that it was a dangerous place to stand in president grant broke the by directing secretary george S bout well to telegraph sell gold and tuy 4 bonds says the chronicler no avalanche ever swept with more terrible violence than did the news of this telegram into the gold room the treasury policy was to suspend the sales of gold jay gould having advance information determined to corner the circulation arguing that a premium would help the farmer by increasing the exports of wheat at W a m an hour and ten minutes before the opening the room ava was bid tor gold and t stead lly advancer y o 0 excitement a point at every quotation atil the gong rang at 10 when the first sale was made at at 11 36 the price had reached the high est of the day from which it fell to at the close 3 clock some of the drops were paralyzing at 11 8 the price was and at 11 69 it nas only to go down to at five minutes after twelve and to at 12 07 an hour after the close the bid price was the gold transactions that day amounted to about As the gold exchange bank was unable to handle the business clearances were suspended for a month and deal ings for one week gould employed fifty six brokers in his operations one was albert whose contracts amounting over 37 were repudiated it was shown by a corn cittee of the gold board that gould smith martin co received 20 in gold and delivered 7 leaving a balance of against them |