street. Henry Clews & Co. are in the building occupied by the United
States Assay Office. Other firms, of more or less eminence, fill the
street. Some have fine, showy offices, others operate in dark, dingy
holes.


THE STOCK EXCHANGE.

The Stock Exchange is located on Broad street, to the south of Wall
street. It is a fine white marble edifice, extending back to New
street, which is also taken up with brokers' offices. There is an
entrance on Wall street, but the main building is on Broad street. It
contains the "Long Room," the "The New York Stock Exchange," the
"Mining Board," the now obsolete "Petroleum Board," and the "Government
Board." All sorts of stocks are bought and sold in this building.
"Erie" and "Pacific Mail" are the most attractive to the initiated, and
the most disastrous as well.

The Chamber of the Board of Stock Brokers is a large, handsomely
furnished apartment, somewhat like a lecture room in appearance. Each
broker has a seat assigned to him. Outsiders are not admitted to the
sessions of the board, but any one may communicate with a member by
handing his card to the doorkeeper, who will at once call out the
gentleman. The sessions of the Board are presided over by a President,
but the work is done by a Vice-President, who from ten o'clock until
one, calls over the list of stocks, and declares the sales. Each day a
list of stocks to be put in the market is made out, and no others can
be sold during the sessions. The Board has the right to refuse to offer
any stocks for sale, and a guarantee is required of the party making
the sale. The members of the Board are men of character, and their