＜ A night of fear. (1) >
Saturday morning, February 12, 1898.
New York Stock Exchange.
Today, just like the day before, the Wall Street Journal was sprayed on the New York Stock Exchange, and the crowd gathered like a tidal wave and filled the Federal Hall on the other side.
William looked around the New York Stock Exchange with interest.
I heard from a friend that even minors would trade them if they poke their back, but Wall Street was much bigger than William thought.
“This is Wall Street.”
After purchasing a copy of the Wall Street Journal, William opened the newspaper under the George Washington statue in Federal Hall.
It was the case that he hurriedly flew to the New York Stock Exchange after hearing the news of JP Morgan Bank’s support for railroad companies in a Boston newspaper two days ago.
[ JP Morgan Bank, 25 railway companies selected for the second financial support. ]
[ Reviewing the 3rd support target. ]
[ JP Morgan Bank, “There will be financial support for a total of 5 rounds.” ]
“The big news is pouring in today.”
With a pounding heart, William confirmed the Dow Jones Industrial Index (DJIA) and the Dow Jones Transportation Index (DJTA).
+9%
+11%
“Yes!!!”
The newspaper clenched his fists crookedly.
Excited, William looked around the New York Stock Exchange and Federal Hall.
When the Wall Street Journal published another big news, the atmosphere among individual investors was going crazy.
“Wow-!”
“It’s a big boon! big boon! If JP Morgan Bank expanded financial support up to the 5th round, wouldn’t it mean that at least 100 railroad companies would receive support?”
“Isn’t the 100 companies supposed to be railroad companies in which JP Morgan Bank has voting rights?”
“When the hell does the New York Stock Exchange open? The child is boiling.”
The Wall Street Journal and ticker tapes were thrown into the sky like parade confetti and fell like snow. William smiled at the sight that could only be seen at a college graduation ceremony.
Then two men approached William.
“Are you new to the New York Stock Exchange?”
“Yes? Ah yes.”
“Just by looking at it, it definitely looks like a novice tea. If you look at the crowd gathered at the New York Stock Exchange right now, 80% is a rookie who came with a lot of money in good news. Oh, my name is Jason.”
“My name is William.”
I shook hands with the man I introduced as Jason.
A man named Carl placed his hand on Jason’s shoulder from behind.
“Jason, do you still believe the big news on Wall Street and the railroads doing well? That’s the bullshit of Wall Street trumpeters!”
“That sound again. You too are stingy.”
“Did you read the railway company announcements properly? If it were a company that could be supported by Morgan’s support, it would have been a long time ago!”
“Ignore what such an idiot says. Now is the low point. If you don’t, you’ll regret it. I came here today to pay the debt to buy it. There are very few days when Morgan moves on this Wall Street.”
It’s a genius chance.
Jason shrugged. Calling an expert on the New York Stock Exchange, he said that he invests in railroads by drawing money to his soul with mortgages.
It’s a once-in-a-lifetime opportunity or something.
“yes?”
murmur murmur.
It was then that the crowd of Wall Street entered William’s eyes. However, about one-third of the crowd was heading to places other than the New York Stock Exchange or Federal Hall.
William pointed at them with his index finger.
“Carl, where are they going?”
“Oh, that’s 23 Wall Street, where the headquarters of JP Morgan Bank and the railroad companies are concentrated. People who go to the front desk to ask if the information in the Wall Street Journal is true.”
“Then will you answer me?”
“I’ll do it. ‘Checking’ like a parrot. only. What. The occasional novice front desk staff will blow all the chalasala.”
Carl murmured, wishing Jason would check the disclosures of at least half of them. Even from William’s point of view, Jason’s madness was not unusual.
“What about that building? It’s strangely close to JP Morgan Bank.”
“…..Hedge fund? I don’t know. It’s the first company I’ve ever seen.”
“Hedge fund…”
William looked up at the hedge fund building dazedly for a moment, but soon regained consciousness and opened the pocket watch. The New York Stock Exchange is opening soon, so if you want to buy rail stocks cheap, you should jump in as soon as possible.
The front door of the New York Stock Exchange was wide open as I was scratching the floor with my shoefoot.
“I will open.”
“Wow!”
Hundreds of people, layer by layer armed with dollars, swarmed inside the New York Stock Exchange at once.
The New York Stock Exchange quickly burned. It is as if it will burn all of them without leaving a handful of ashes at any moment.
Carl chased Jason as he sprinted, and William quickly followed them into the New York Stock Exchange.
“Give me 30 weeks of the Iri Railroad!”
“New York Central 20 weeks!”
“No, why is Hoga jumping like this all of a sudden? Aren’t these stock broker bastards cheating?”
“It has already risen by 9%!!”
The New York Stock Exchange was a chaos of chaos.
The New York Stock Exchange was about to explode, even though the securities companies registered as members of the New York Stock Exchange (NYSE) sent a large number of stock brokers to see if they had tasted the heat of the previous day.
Individual investors cover their ears and, immersed in madness, take only buy orders as if they were an auction.
The stock price panel of the ticker written on the stock price board was fluttering rapidly, and the price was skyrocketing.
“knife! Where are you going to buy by rail? I’m the closest to the stock broker right now, so I’ll do it for you!”
“I’m here to sell today, you idiot!”
Molly struggled with the crowd of hundreds, and Jason, Carl, and William approached the stockbroker with evil.
William was swept up and down by the burning madness of the interior, and had a good experience of what ‘chaos’ was.
“Should I buy New York Central… or the Great Northern…”
William was fiddling with the dollar bill he had shoved in his pocket, and quickly calculated in his head. Are you going for safety bread? Or do you go to the high-return side even if it is risky?
William’s eyes widened when he found the New York Central item on the stock chart.
The stock price panel was raging like a tornado.
Para la la la la lak-
“I’m not crazy…”
William thought rationally as he was a man in the engineering field. No matter how you think about it, this is an inexhaustible bubble.
Get into this madness? don’t
Individual investors no longer care about the financial situation of railway companies. I think you can make money. Neither the Tulip Bubble nor the Namhae Company collapsed in three days.
William squeezed the dollar bills he had shoved into his pocket.
“We should safely diversify our investments.”
“Twitter, William. I want to stop living, but that’s good enough. Diversify your investments That idiot doesn’t even listen to me.”
Carl opened his axe’s eye and kicked his tongue at Jason, who was drenched in madness. William wondered what the sword was.
“How on earth can you be so cold-hearted, Mr. Carl?”
“Because I entered the New York Stock Exchange earlier than Jason. I was here during the Panic of 1893. The mood today is so similar to that time, I get goosebumps. Jason doesn’t seem to believe it.”
“……!”
William clenched the wad of dollars so tightly that a tendon was in his hand.
“…I want to buy a little in the Great Northern. For the rest, we will monitor the situation until Monday.”
“Oh, William. That’s a wise decision. Because that’s the way to extend your lifeline. Let’s go dry that idiot first.”
Carl stroked William’s head with his thick hand, then rushed into the crowd and walked over to Jason.
***
“50 weeks in New York Central!”
“Give me 30 weeks of Northern Pacific!”
“Shut up! I haven’t even bought a week yet!”
“You’re not the only one who can’t buy it, so get out!”
The New York Stock Exchange was heading towards closing time past noon, but the madness never stopped, and it swept through the stock market like a hurricane that was about to land.
As the closing time gradually approached, individual investors who were swept away by the crowds and could not save even a single week rushed to the stock broker with evil spirits.
Carl grabbed his head and took a deep breath.
“under…..”
“Wow hahaha!!! New York Central is up 10%! It’s worth the five thousand dollars! I already made 500 dollars!!!”
Jason was drenched in madness, screaming for returns like a madman, and staring tenaciously at the stock price board to the point of blood in his eyes.
New York Central’s ticker was still rising like a volcano, unaware that it was high in the sky.
Carl looked at Jason with a puzzled look, and William comforted him.
“Mr. Carl, even if it was a bubble, the stock price wouldn’t go down right away. Let’s convince Jason to sell it next Monday.”
“Will that fool be persuaded? Of course, as you said, the bubble won’t go out in three days, but Jason said that he’s been collecting debts by convincing his wife.”
“Yes?”
“William, take good care of you. When a monster called Wall Street charms people with dollars, how do they do it? And the end.”
Carl looked at William with a sharp gleam in his eyes. William read the years of experience and bitter sorrow in that ghastly glare.
William pulled out a stock certificate from his pocket.
“First of all, I bought the Great Northern for about 3 weeks…”
“ha ha ha! People don’t die in 3 weeks. Just assume it’s a social experience and have it. And now there’s no point in regretting it.”
Carl patted his ass and stood up.
“It’s closing time.”
***
When the New York Stock Exchange closed, investors flooded the exchange. They held stocks and securities in their hands, and smiles did not leave their faces.
Carl sighed.
“Hey, you look tired today.”
“Is the sword tired? I can’t even sleep because I can’t wait to see how much it will rise again on Monday!”
“It’s all because of you! At least we should be reassured that tomorrow is a day off.”
“haha…..”
The three men left the closed New York Stock Exchange.
In front of the main gate of the New York Stock Exchange, the madness and excitement had not yet cooled, and investors were continuing endless discussions.
– It was a booming market today, so Monday is sure to be flat. Are you going to miss out on a great opportunity to buy?
– Ttt. Monday is the same, did you get shot in the head? The other party is JP Morgan Bank! It must be a bigger boom than today!
“I don’t think anyone thinks of getting off.”
“Isn’t that JP Morgan Bank? King of Wall Street. The financial king of the American economy. How would you feel if you were born his son?”
As William murmured, Carl smirked.
“It must be hell. That son was born into the hands of the devil called Wall Street.”
“Yes?”
“Don’t think that the financial powers on Wall Street are just lying on your back. As the funds they manage are astronomical, their responsibility rises vertically.”
At Carl’s words, William thought of the New York Stock Exchange today.
When agents from the families of railroad tycoons swept stocks in large numbers, the railroad company’s ticker skyrocketed.
Individual investors on Wall Street welcomed them by cheering and throwing ticker tapes over them, cheering for the big hands of the giants.
– Those guys. I don’t know if I can take responsibility if it crashes. I would shed tears of blood
In the atmosphere almost like a hero’s triumph, Carl smiled and said a word even then.
“By the way, it’s already evening.”
“The New York Stock Exchange cannot stop at this taste. If you talk to each other, an hour or two will be deleted in an instant.”
As I was walking around the Federal Hall on the other side of the New York Stock Exchange and talking to individual investors, the sun was already setting and it was getting dark.
“Hiccup.”
Jason was hiccuping, apparently drunk. Carl opened his pocket watch to check the time.
“It is time for the evening newspaper to come out soon.”
“Are you taking care of the evening?”
“Evening is essential because we need to predict the next day or next week’s stock price.”
Carl patted William on the shoulder, saying that’s standard on Wall Street.
“Wow, that’s a big deal!!! It’s a big deal!!!”
Kudangtang-
Then a man with a bluish face ran into the Federal Hall. In the hand of the man who was breathing as if he was about to die, he held a crumpled copy of the evening newspaper.
Investors gathered at the front gate of the New York Stock Exchange and Federal Hall began to gather around the man out of curiosity.
Carl narrowed his eyes.
“What happened?”
“Is it work?”
“That man is holding the evening newspaper. Maybe it was picked up in advance from the neighboring town. First, let’s go.”
Carl swung through the crowd as fast as an awl and reached the man gasping for breath. William and Jason also followed the knife to the man.
Carl patted the man on the back in panic.
“Hey, what’s going on? If you just say it’s a big deal, we won’t hear it.”
“Welcome…evening.”
“Evening?”
The man held out the evening meal with a trembling hand. However, the evening was the New York Times, not the Wall Street Journal.
Carl unfolded the wrapped newspaper.
🥳-
“……!!!”
The moment Carl opened the newspaper, his eyes widened. Jason, who was drinking alcohol next to him, seemed to be breaking his drink at the sight of Carl, so he approached Carl.
“Hey, Carl. Did something bad happen?”
“……”
“haha. Because this guy Carl is a real bird. Stocks don’t crash with one or two bad news. this man Is JP Morgan Bank an ordinary bank?”
Jason drank his drink and clicked his tongue next to him.
But William realized Carl’s condition was strange and approached him.
“knife.”
“……”
“knife?”
William bowed his head to the newspaper in which the knife was holding.
But William’s face immediately hardened when he saw the front page of the New York Times.
[ Prediction of a large-scale railroad scandal. Fraudulent accounting of $10 million worth of railroads, including five major rivers, including New York Central Railroad, Erie Railroad, and Northern Pacific Railroad. ]
[The total size is estimated to be 10 million dollars. New York Police Department, not sure yet. ]
[ JP Morgan Bank’s 5 rounds of financial support, will it be completely blanked out? ]
– The New York Times (NYT)
“Accounting fraud…”
“yes?”
“No, Jason. you want to go home soon Take a quick bath today, stretch your legs and go to sleep. Because it’s no big deal.”
Carl smiled forcibly as much as he could, and wrapped the newspaper again. As Jason looked at him questioningly, Carl pushed Jason’s back.
“Let’s go home immediately.”
“No, I just said William was accounting fraud…”
“Let’s go back!!!!”
At Carl’s roar, the Federal Hall fell silent. Jason sensed an unusual atmosphere and took the newspaper from Carl’s hand.
And when he opened the New York Times, Carl exploded with a roar.
“Jason-!!!”
Jason’s eyes widened as if they were about to explode.
“……!!!”
tuk-
The newspaper in Jason’s hand fell to the floor. Jason caressed his pale white face with his trembling hands.
Carl supported Jason as he staggered with a hardened face.
“Bu…boo…min…haha.”
“Jason. Wake. Jason?”
“What do you say to your wife…don’t…don’t you have to tell me? Grab the house and even the house collateral and pull it out…”
dump.
Jason slumped to the floor, shaking like an aspen. I looked up at the yellow sky with soulless eyes.
Investors then started turning the newspapers Jason had dropped one by one.
“Uh, hey. Everyone, take a look at this newspaper!”
“Accounting fraud? JP Morgan Bank’s total obsolescence? No, how are these f*cking railway companies doing things? ”
“Hey, it can’t be like this. I spilled fifty thousand dollars today!!!”
“It’s… a lie… please tell me it’s a lie!!!!!”
An atmosphere of panic spread in the Federal Hall at once. Investors alike flocked to Carl to read the newspaper.
As the crowd swarmed in like a tidal wave, William dispersed with Carl and Jason at once.
“Get out of here!”
“Wow-!”
Pushed back, William rolled on the floor.
Hundreds of people panicked and swarmed like rats, and William quickly escaped from Federal Hall.
“Heh heh heh heh heh heh heh heh heh no.”
Qwajik-
In William’s hand, a railroad stock certificate was held. Suddenly, this stock stock felt like a piece of tissue paper, and heat surged through my head.
“I spent 100 dollars…”
He gripped it so tightly that it was torn apart.
The funds I had saved up because I wanted to start a lumber business later. I had a hard time coming from Boston to the New York Stock Exchange to cut through the piggy bank and raise valuable business funds.
100 dollars was blown into the air in one day.
“shit!!!”
bang-!
William hit the floor with his hand.
His hand ripped to the asphalt and blood splattered, but his burning head didn’t seem to get any better.
“Fu… let’s cool down first.”
William walked out of Wall Street with a smirk.
Whew-
As I walked to the river next to the cool Wall Street, a cool breeze blew through my hair.
Did I say Hudson River?
William, from Detroit, didn’t know the name of the river in detail, but he thought he might be able to cool his head.
He walked over the Brooklyn Bridge.
“Damn railroad companies… huh?”
When he suddenly looked up, he saw something on the tower of the suspension bridge. The shadow of the person pretending to be drunk looked dangerous.
Still, the Brooklyn Bridge tower must have been banned because it was tall.
“It’s dangerous…”
When I opened my eyes narrowly and looked closely, it was a person with a familiar appearance in familiar clothes.
“…Jason?”
William muttered blankly.
‘Why is Jason up there?’ No naive question came to mind. Jason’s words that he had simply owed money to his wife’s family rang in his ears.
He felt his blood cool.
“no…..”
stumble-
As he staggered precariously on the Brooklyn Bridge, he drank a bottle. And then he threw himself underneath.
“no!!!!”
William’s outstretched hand towards Jason cut through the air in vain.
＜ A night of fear. (1) > end
