The office was on the second floor, with large windows looking over the street; there were several people in the room they first entered, and the first person Claudius saw was Mr. Barker junior, his friend.
"Well," said Barker, "so you have found us out. That's right. I was coming round to see you afterwards, for I did not suppose you would like to face 'the street' alone. Father," he said, turning to a thickset man with white hair and bushy eyebrows, "this is Dr. Claudius, Mr. Lindstrand's nephew."
The old gentleman looked up keenly into Claudius's face, and smiled pleasantly as he put out his hand. He said a few words of cordial welcome, and seemed altogether a sturdy, hearty, hardworking man of business--rather a contrast to his son. He hoped that Claudius would come on to Newport with Silas, as he wanted to have a long talk with him. The old gentleman was evidently very busy, and his son took Claudius in charge.
"What is that?" asked the Doctor, looking curiously at a couple of wheels that unwound unceasingly long strips of white paper. The paper passed through a small instrument, and came out covered with unintelligible signs, coiling itself in confusion into a waste-basket below.
"That has driven more men to desperation, ruin, and drink, than all the other evils of humanity put together," said Barker. "That is the ticker."
"I perceive that it ticks," said Claudius. And Barker explained how every variation in the market was instantly transmitted to every place of business, to every club, and to many private houses in New York, by means of a simple arrangement of symbols--how "Gr. S." meant Green Swash, and "N.P. pr." "North Pacific, preferred," and many other things. Claudius thought it an ingenious contrivance, but said it must be very wearing on the nerves.
"It is the pulse of New York," said Barker. "It is the croupier calling out from morning till night 'trente-sept, rouge, impair,' and then 'Messieurs faites votre jeu--le jeu est fait.' When stock goes down you buy, when it goes up you sell. That is the whole secret."
"I think it is very like gambling," said Claudius.
"So it is. But we never gamble here, though we have a ticker to see what other people are doing. Besides, it tells you everything. Horse-racing, baseball, steamers, births, deaths, and marriages; corn, wheat, tobacco, and cotton. Nobody can live here without a ticker."