, 1869-10-08

of The Gold Etchaugc-Thc New
Clearing I1ouac-LHke Snofc Die
tnrlnrx txS NnNNian.

OF the Gold EHch0UEc-Thc New |
Clearing 1Iousc-Luke Snorc Die |
EecloF1 IN SeAticns
From the Veg york Csn.meresal .fLstrs!Asr OF.
Wall STREET see1n1 10 tyupAthtze With the wealth |
Ct to-day, and, ~ consequence, everything IS
n-orc pleasant. No new failures have yet been
ncary, things n1c moving siong ve,J much N they
used 70 d. Even the u1anuiactufers Of sensa- |
ttansl tunoss seem to have pretty much susPent-
cussin8 gz1tes and pears Instead Of tho situation.
ueetirR Of the Gold Exchange Was held this
suosp:pR, at which the committee On plan lar
new Ciear1pE uouSe presented The following 10
Your committee sp7oiared to prepare plan fer
s;ss1s Sonmsts N :, gga 5sso@msod cd inaf
ths1 re be organized rEGer the sole control and
marasement ot the exchange, and that aueh de-
Etltncnt be tEpiy clerical IN lis dnIef, nud snb-
tcc. to the following rules and regulations:
!. TIE Gold Exchange s1aii elect and constitute
thirteen o1 tss members Board of DtIeclota for
tie clearing department., md tnc Baafl OF pTcc-
fo.a &anis 1pPo.nt three Of lt9 members m E1ec1.
tive Committee, 10 serve nj iae time Of clearing,
20 athers being allowed access to the papers Of
:. Tnr Board q DMeetozs aa.Is appoint Msns-
ger o. the CLEARING department. subject TO the a?,
lire competent clerical force, and farnlAh the
necessary once furniture and stationery.
ed 80 - II he psee o1 q
balances for CLEARING purroses-
/ Certified ehecks, pay sble 10 the order Of the
E&EUElR AkN0 &Qu 4414k k0tl&k$Ay l4E ~ U44AASE3
due tren deaitEs upon their statements, shzu nc
COMPANY such statements
t. AZ s.atcmetss shall be prEsented At the cleax-
trc department Ut er be:orc h1ipast u O'Clock p.
sa. 81 " 't s '''' ''-1 1'-''' '' 1''9N
& Upon failure Of .oy Part, to make perfect
ro,tly eIcIJ party Interested tnetcin ~ s5o1 a.
possible, and the dealers Affected thereby shall be
| required TO furnish supplementary statements to
pe11ecs their clearing Oh or before half-past
| o'clock. .-.. ......
Tnc Farmers Loan md Trust Company shs1l
provide the eiearirG desa!tueot x1!h boo1. Or
| cLecks prppef1y numbered, aud It aran bt the
duty Of the manager 70 bare the checks nlsd for
tatsncea due dealers 10 their order, which cheeks
~ ios tne
meat, and also eertideEl cheeks received f5t bal
eSs fdsa ss oHen e.a s asa
Tany snan be Authorized TO pay To dealers Al oas-
!. IL case 9! laIlnre to make general clca,1sE:
py sha:f-pass .oelock. the certified checks ae-
| IoxiteL hy draleTx for balances due upon tne
snee'1 Arg nenetf sSa = of ne Ser Tele cod 8:
change khsll be allowed the use ol tn1s e'e7''oS
8. lie Getets and siatenena for clearing shan
he tllaas to thete nesetofo,s used and re snadGe
for clearing shsl be 81 per 800 eoe and Any ~.
piu4 soovc e1peuses ahal Be subject TO INC otuets
ID q: Te.s fss Dosrd Of Directors .hall h,Ee
power 10 adopt sneh miles snd reRoAtons 10 1c ~
utltbu 10 knCEE Nk&Etl4 f22Ht1GST H2AS eSA4.
Eecttasu 10 INSURE the sueccss OF thsa systcm o.
Il. hsolrad, Ttat this committee retonmcnd
that the exchange proceed Al soon ~ possible te
put mo effect lneee recommsndluous.
| Enap!u pusiy adopted, and respectfully sub
! tnMted. HENRY LAxRLoss, Ina11SnAA.
n Sttsois moved % t6ss i be printed, Lid on tat
| t1hle SID considered 1t mectipg to be bed o.
| Sxrpftsy afternoon, 1t O'Clock
| Nf Hort suggested that probably on SatUtdA1
| ss;tTnoop there would Be few members present
TME.e O'Clock, Saturday. wAs iten proposed. o4
the motion vas voted down. Thursday ~ i
| o'clock WIS pFopoeed and adopted
Glulunttlo6s Me1c presented from the alptemt
Court, II the Ault Of Henry E. Enoa against ToEo
| fcup. Coz, aud othErs. Teasla1EmX "kne Net
Yo1k God Exchange tom buIng Of sefltnE An