The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-10-18
NEw YORK.

Lively Times in the Gold Room
= Considerable Excitement In GOl-
T. seqR Reescf aaSpeech Made hy MF,
Jordan. 1.r.a 4
New York, October 16.-There
was a remarkably lively time in the
Sold Room this morning, and con-
siderable excitement among the
members in consequence of an excit-
ing speech made by Mr.. Jordan upon
the financial BonditionE Of the Gold
Exchange Bank. He charged that
but for the legal measures the con-
Germ would have settled with. It's cred. :.
ieers alweek ago. aud that an ipjunc-
ton from Messrs. Unger & Co, now
stood in the way of settlements. The
Bank had determined to stand loss
of $3.50. 600 In order. to 90 on, and
deserve more iiberality and conside-
ration from the public. Mr.. Jordan
also said, with an emphatic oath, that
if the Gold Exchange Bank had not
advanced $4,000,000 to the street
during the recent panic, all the bro
kers would have. been ruined, aud
several Banks would also have gone
to the devil --0- 80 80
All Muen kc0Dfuslon he1siansued, and
cries Of ." Put him out" &C., followed I
4Ifathe bank management had not
acted like fools, the brokers would
have settled with the Echange Clear
log House until their matters lad
been ARA Hged. He promised within.
three working days to pay from fifteen
to twenty five per cent, but they
must give hIm fair start. He neither
intended to rob soE plpRder, but to
deal fair as man To lIlrasnf, and would
report the q ames Of any parties who
attenptedA Ito prevent or interfere
with him in arranging settlements.
EVoieess. iH That's right BEL.
Mr. ,Unger attempted to call Mr..
J erdan to 9rders - -zsl...., =
A me mber eHrOpD d 5thRt Mr.. j or
dan give some .facts In regard to the
condition Of the bank. -@.-- IL +,
z1 Jordan .said he would do SO: ::
that the bank, vas solvent, and bro
keFs " 5a Ia1bes very foolish to go-baclc
on the bank<low, He had never be-
fore made speech, and If he had used
uhfoFtuna te5 nlapg guage, t was because
he vas too mad to- choose his Ian
guage. He must delay settI5ment with
the UBger firm under legal festrics
tions, and they would rePudiats ts the
claims of no person Whatever, and
if brokers went back on the Gold Ex-
change Bank, they were TOD. mean to
live. Here ME Jordan Withdrew yand
the needing broke up, g.
At meeting of the creditors of the
bank inthe afternoon, a very-fuH dis
cussionef the situation tpbk place,
and the action of Mr.. Unger was.genl ,
eralld deprecated. The feeling of all
present was IA faveF of giving Mr..
Jordan fair-chanee. To tkisend, a
paper was drawn up to the effees that
those signing it would take no legal
steps toward forcing the bank into
bankruptcy for ten days This was
signed by all present, and a committee
of five was appointed to circulate it,
among the creditors generally for sig
nature. fe' Is believed that at least
50 per cent. of the creditors Of the
bank will sign it,
Z During the meeting, it was an
nounced that the Injunction against
the bank had been so modified as to
allow the receiver to collect money
due the bank and affect a settlement
in all leases where he could do so ad
vantageoU5iy for the bank This ac-
ton of the Court met withd general
favor. is- .'s-.-.-.'
Gdtisi said the liabilities Of Lindsay,
Chittick & Co, whose susnensien has
been announced, will reach half a
million in gold, mostly due In. Europe.
The Central and Hudson River
Roads will be finally cons bHdatedton
the 1st Of Novem Der. -uoe'sz-! e-
The steamer Hansa, from Europe,
has arrived.