tes.

When I was first guided into the exchange to have my desk pointed out
by one of the assistant teachers, I was overwhelmed by the clamour and
confusion. Certain blackboards at the other end of the building were
covered with figures continually replaced. As each new set appeared, the
pupils swayed to and fro, and roared out aloud with a formidable and
to me quite meaningless vociferation; leaping at the same time upon
the desks and benches, signalling with arms and heads, and scribbling
briskly in note-books. I thought I had never beheld a scene more
disagreeable; and when I considered that the whole traffic was illusory,
and all the money then upon the market would scarce have sufficed to
buy a pair of skates, I was at first astonished, although not for long.
Indeed, I had no sooner called to mind how grown-up men and women of
considerable estate will lose their temper about half-penny points, than
(making an immediate allowance for my fellow-students) I transferred
the whole of my astonishment to the assistant teacher, who--poor
gentleman--had quite forgot to show me to my desk, and stood in the
midst of this hurly-burly, absorbed and seemingly transported.

"Look, look," he shouted in my ear; "a falling market! The bears have
had it all their own way since yesterday."

"It can't matter," I replied, making him hear with difficulty, for I was
unused to speak in such a babel, "since it is all fun."

"True," said he; "and you must always bear in mind that the real profit
is in the book-keeping. I trust, Dodd, to be able to congratulate
you upon your books. You are to start in with ten thousand dollars of
college paper, a very liberal figure, which should see you through the
whole curriculum, if you keep to a safe, conservative business.... Why,
what's that?" he broke off, once more attracted by the changing figures
on the board. "Seven, four, three! Dodd, you are in luck: this is the
most spirited rally we have had this term. And to think that the same
scene is now transpiring in New York, Chicago, St. Louis, and rival
business centres! For two cents, I would try a flutter with the
boys myself," he cried, rubbing his hands; "only it's against the
regulations."

"What would you do, sir?" I asked.

"Do?" he cried, with glittering eyes. "Buy for all I was worth!"

"Would that be a safe, conservative business?" I inquired, as innocent
as a lamb.

He looked daggers at me. "See that sandy-haired man in glasses?" h