o avail
himself of this state of things. It occurred to him, when his paper
had been five weeks in existence, to give a little account every day
of the state of affairs in Wall Street,--the fluctuations of the money
market and their causes,--the feeling and gossip of the street. He
introduced this feature at the moment when General Jackson's
embroilment with the French Chambers was at its height, and when the
return of the American Minister was hourly expected. Some of our
readers may be curious to see the first "money article" ever published
in the United States. It was as follows:--

"COMMERCIAL.

"Stocks yesterday maintained their prices during the session
of the Board, several going up. Utica went up 2 per cent;
the others stationary. Large quantities were sold. After the
Board adjourned and the news from France was talked over,
the fancy stocks generally went down 1 to 1-1/2 per cent;
other stocks quite firm. A rally was made by the bulls in
the evening, under the trees, but it did not succeed. There
will be a great fight in the Board to-day. The good people
up town are anxious to know what the brokers think of Mr.
Livingston. We shall find out, and let them know.

"The cotton and flour market rallied a little. The rise of
cotton in Liverpool drove it up here a cent or so. The last
shippers will make 2-1/2 per cent. Many are endeavoring to
produce a belief that there will be a war. If the impression
prevails, naval stores will go up a good deal. Every eye is
outstretched for the Constitution. Hudson, of the Merchants'
News Room, says he will hoist out the first flag. Gilpin, of
the Exchange News Room, says he will have her name down in
his Room one hour before his competitor. The latter claims
having beat Hudson yesterday by an hour and ten minutes in
chronicling the England."--_Herald_, June 13, 1835.

This was his first attempt. The money article constantly lengthened
and increased in importance. It won for the little paper a kind of
footing in brokers' offices and bank parlors, and provided many
respectable persons with an excuse for buying it.

At the end of the third month, the daily receipts equalled the daily
expenditures. A cheap police reporter was soon after engaged. In the
course of the next month, the printing-office was burnt, and the
printers, totally discouraged, abandoned the enterpri