, 1869-11-04
WALL STREET.
The Gold Exchange Rnnk-Conso1I.
dAtion Of the Central and Hudson
Railroads.

kxA1kf0AABs
Pytr Tie Ma, fork 7fssass, sos. 2.
..tr ehse af ss nes C. ceaas
t~hieh Was thing 10 little nesaed that Il tel
through alnos, - sson - projected, met the
10 eonside. pfoposi,nn mads BY tue hiser. leof.
tnR TO resumption Of the clearing p;ss1ness. The
proposition u sh,s: The oauk having lmpracentlY
dlSefEcd fI0m its eouEse II MeTt agent between
bsuktrs, 4ni having adFancetl Nancy 10 dealers
who were considered sound, but who proved to
ss '0't Il 70 sspgs 2, 'ea r.
ss:s1' ep.sss t:' ~as asss TO er@;. them to i
iheir diminished cApl,ai II Tie tiea1red pern!s-
sion ba tented they propoee TO fnspend !nf1nsf
operations Until December !, the date Of tho a.
~ to whether tho capital OF hall million shall Be
made GOOD or the bAuk close. In case Of the NC
q sSt5 y sad5 asI ~ s
ioa @ arrived It Jesterds5. the Cold E1caance Dl-
snIa ie y ,he1 pe1 % o M ~ nasa
The report Wit probably 10 submitted today or
Tomorrow. In tho RseanNn!ie ne feeling On the
mlxec. TnAsa Il cna pa1tJ-And 4 la,Ea eae-who
hold that III StfJ sx7sIence IS dlsg7aoe to The
nnArcsal centre Of America, IN raas the tnssttu-
uon Is mere I'D to 9.mbelA TnM pa1fy IN.
| ctudcs many baakess. An.l not few heavy deal.
en-. They sa5 that The has.uess Of buying and
selling Roi.l could y, carried on quite - e1petit
tpuslJ and 0ec,le.lly with more security without
cIea1ipg house, Individual clearauces, ~ IN the
s,oek marAxt, being clearly 70 tae AtsAutaGo Of
TEN would eoItract The volume of specalRilon a.
| each draet's ssAtus onlt br severely scsut1pxcd
| n5 his tc.taw-deaterH lefoIa eoVagtng IN aoy
siaosact'on wtn MN. u tue Present syttetn.
tteJ FAT, irresponsible parties, mon With tatriy
capitai enough to purchase seats IN the .ioli
board, are enabied to baJ aud a:ll tu:ll.
wuold not he ah1r 10 hanf1'e tbousaudl
Tue other party coatsha shsi tie Clearing Of stocks
ntlcit7, md .aat Sus ior ihst rrasvn there would
h. Stock Clearing llouse. They cAln that tns
Gold ClearLE. House !. nsre*"liJ. A1ul tha! the
hy n.yanees na4.e 70 .s.altrs. deserves lhv sup
rott nj tue "yHeet' They tiectu thu: this st,oit.
| lLun Of the CLEARING Rssten world contract spccn
lai'oss 1d Fvftr, lot ptOo5, to tc hlatOs5 OF g,A
dealings during The wnf, vi hon there wn8 u1 clt4F
inR-1ionTe. ANT Jet spes.4aiUu wxs Wld. snf
o19 rs d tss sTgatas of rihet H. ii
| ihey show that the iUp<httnl Cuntlc& b~; Ween III
iepds and foes ot The Enld cica'1n1 sIssefn III y
nsn, ii vAtdeysnler 4 60. wese fusec, to III.
ren. business OIL account u tle auEptsa:d defaica
tir,p Ct their Junior pattner. Mt. T. ". ilnsdteJ
| '.estsrisy the} 8pp1let Tor Tc2tmiastRn to th
. h,ost E15han 9e. eapls,ning that Mr: HeA,'ey h
. rttnrntA. An1 that their as4ets were found 70 b
kutngitbt 10 tnabIc them " mcct 1heiF tiAftift!c
IL lsst, A1ttl after ~ mant rumnrs an ever hfo'
4 fn, n one Jingle tnt1cet, the consolidation Of II
itLtrsl And Hudson HallrOas. bus leefl etlette'
Il This hns loHR t+en fasorIte eelrEnn with Ton
. | Iuoh0Yc fAth+ftn.f. AMI inc batIs nave fp5ten
ia con.uiDua',on ~ suf: t'an :" r.l.e TIE ta!t
cf the stock. 1hr ste kh01dort of the tcnt' ltoa
= met In AitAny at +. u. JessEraay. ani thoss
= | the hudson luttf lo8t in Ills city ut The sl1E
Z L1nr, ahG The aehufrt Of consolidation WA lnAl
1afred upon ~ 10th parties on thu htst4 u
It tus Centrs! and ls3fof Harlem. The nane u u
I. coz seldnfrd company wilt br y The sew ftt
Centssl Il Hutlso,, 1nvts lt4IixaJ." Il IL s4ld til
: eash aishlsn,. tfs per cent MI! t,1 declared
% CcntrH!. The os!,cor1 Of the new company sEe
q loIIows: e. sattcftGIt- Ffrsldent: Wlo. FAnde
Ie bilt, Vice lrtsIdeht: T.. u. Worcester, Treasure
x sud the Hon. Augustus scoeIt HscrutafJ. Fin
the moment Of the anno4ncemeut &! The cohH1
/ d&top, which VA msde On 4 bs4ls much 10 =
10 than that expected, II ~A4 evident that 4ihe IN
II inherent had heeh greatly disappointed. aud "
| consequence the stoct ie1! Conklde1atsy, luste
ID Of rtstux, ~ had heen predicted.