The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-10-05
against eacn other. The following were the prces:-
TIE STOCK EXCHANGE


was not as lively as usual prices declining from the
figures OF Friday and Saturday last. In the AFTER
noon, however the market was stronger, particu-
larry in New York Central. Lake Shore and the
Northwestern stocks the latter being exceptionally
strong. Lake shore rose 10 SO on rumor that Com
modore Vanderbilt had been invited 10 take charge
OF the road. The ease in the money market was
attributed TO the recent presence OF several leading
operators from Boston, who within three days have
bought from three 20 four millions OF government
bonds Tue market was very easy at seven per cent
on call to the close ana before three O'Clock capital
could be had at six per cent on governments.
THE OPPOSITION GOLD EXCHANGES,
started BY the regular stock Board and the National
Stock Exchange, seem to have played QUIZ In the
expression OF the street. since the resumption OF
business in the Gold Room, sales OF goid IN me
National Exchange yesterday only amoantns 70
$4,000.
THE GOLD EXCHANGE RASK
is expected 10 present report OF ~ condition Ia
court to-day II is stl in the hands Of the receiver
ana the whole clerical force OF the establishment
was sin engaged yesterday in examining the state
ments OF dealers aud balancing the books. The
officers report that the firm is perfectly solvent and
will proceed at once TO settle all Its accounts,
although the condition Of the hrm is represented
quite differently by
A PETITION IN BANKRUPTCY
fled against the bank charging 1t with having
made a preference transfer Of over 1000, 600 to
lockwood Co. The petition was presented to
Judge Blatchford, OF the United States District
Court, by Messrs. Ernst Often and Edward g.
Taege, praying that the New York Gold Exchange
Bank may be declared bankrupt. The petitioners
alere 10 support Of the prayer OF their peti
ton that on the 23d OF september they
deposited In the Cold Exchange Bank s43,0S5 "a
in currency and $4,000 in gold and on the
oath OF the same mouth Sll.500 IN currency
and $4,000 III gold. or this amount they withdrew
$40 S31 - III currency and s35,9s2 in gold, leaving
in the hands Of the bank $40 100 81 in currency and
$3.50 90 in gold and on the 25tn OF september they
demanded this balance which the bank neglected or
refused to pay them. They further state that the
bank being bankrupt and nsovent, or IN contem-
q5atJoaol bankruptcy OF insolvency, did maize the
aforementioned persons crearSurs Of tne oes.' '!.a
a view Of giving them a preference. or by such dis
uosition or transfer THAR property to hinder and
delay the operation OF the Bankruptcy act:-
on the 27th Of September payment or
transfer OF sl4s,o5e s4 to Drexel, Win
throp & Co.; to David Spain, s2,Oo5 to
Hodgkn, Randall q Robson, slo3,670 95; on
the 2sth September $4,000 in gold 10 Bowles
Brothers; TO David spahr sl,C25. on the 27th and
2Sth september as petitioners are informed and be-
u
Co., and on the same dates large payments or trans.
fers TO smith, Gould, Martin Co., and divers other
persons, managers and directors Of said bank. On
these statements, which are sworn TO by the pc
iiuoners they claim that the court should decree tie
bank to be bankrupt and cause an equitable dlstri-
button Of their property and effects to be
made to their creditors This IL, however,
only one side OF the matter. The case Is
returnabls before Judge Blatchiord on the ptn
inst, when the Gold Exchange Bank Will be called
upon ID open court TO show cause why they should
not be declared bankrupt. Mr.. James K. Hill, "A
Wall street, appears attorney for the petitioners
AN ACTION AGAINST THE BANK
was also presented in the Supreme Court Chambers
before Judge Cartozo, by ROBERT Bale vs.. the New
YORK Cola Exchange Bank and others, alleging the
present state OF the bank and It's failure to fulfil its
Obligations to plaintiff among other brokers, the
danger OF loss to the plaintiff from Its action and
lts insolvency. and praying for a receiver. Judge
Cardozo refused 70 appoint any receiver other than
the one already appointed, but after discussion
named Mr. Brown as receiver in the suit as he had
been previously appointed.
AsUfT AGAINST FISK GOULD co.
for S. 500 900 was among the sensations OF the day
and promises to afford litigation OF considerable
interest to Wall street operators. This suit In ins
tuted in the United States Circuit Court by James
Brown Co., bankers, to recover g., 500, 600 an
amount which they lost as alleged, by sale OF
$1,000 900 In gold, by the alleged operations OF the
defendants. The capias In the case has been issued,
ana It Is said that preliminary examination VIII
soon take place.
ANOTHER SUIT
was instituted In the Court OF Common Pleas BY
Robert Baile against VIM Belden, James Fisk, Jr.
Smith, Gould, Martin h Co.. and Others This ia an
action for $4,000 damages against smith. Gould
Martin Co., Tor a failure by them to receive gold
sold on the 23d OF September TO them at 100 through
Belden. The complaint gets up that Beaen was the
broker who made the purchase, but that he acted
as the broker Of James Fisk, Jr., and OF Smith
Gould, Martin Co. on the ground OF Mr.
Fisks non-residence an attachment was obtained
from Judge Brady against Mr.. James Fisk's pro-
perty. Bafretts and Redaeld appear for plaintiff.
STILL ANOTHER SUIT
was brought before Judge Brady Ia the Court or
Common Pleas 10y John N. Gillespie against William
H. Nelson, President OF the New YORK Stock
Exchange, and Smith, Gould, Martin b co. and
Others, for $1,000 damages on contract for the
purchase OF gold alleged to be for the account OF
Smith, Gould, Martin Co., by other defendants as
brokers OF s5oo0,oOo gold made through other de.
PENDANTS on Thursday, the 23d ut at from 1872 to 1888
AND on which they Claim they entitled to settle al
100. They ask for judgment against smith, Gould,
Martin Co. for the fun amount, but, meanwhile
they ask that the Stock Exchange shall not be
allowed TO foreclose them ont at any arbitrary rates
And injunction was granted m accordance with the
prayer OF the complainant Barretts and Redleld
appear for the plaintiffs.
AN INJUNCTION
also appeared during the day against several ocers
and members Of the Gold Board. The following are
the documents In the case:-
NEW YORK SUPREME CoURr.-City ana COUNTY or
Ne1 York-Prede,7ch 8 HeiSer ana Henry A. ira.
Gardner WIZARD, Henry III smith, ian Gonld
Henry H. Martin ana James b. Bach ana To,pnsend
cor tadtpidudHp ana President or the Nefo PORK
Gold Excitd,iQej Thomas Il. Ake,s Individuality ana
as secretary or ne Neso Pork Cola Efchange: Georqe
I'ttpps tndtUidGdUv and as Treasurer or ne Eete
Jf,rk 0otd ACKNOWLEDGEMENTS IN Order-it
appearing satisfactorily 10 me by the sworn com.
plant qnd AFFIDAVIT OF Frederick 8. Ieiser one or
the plat 'tlffs that sueien grounds Tor an order OF
lu. and aanh nf annv anf aaeh a. ~, wv