New-York tribune., 1870-10-18
TIE GOLD EXCHANGE.
ANNUAL MEETING-ELECTION FOR OFFICERS.
'rhn rnnnhnrs of the Now York Cold EN

| ANNUAL MEETING-ELECTION FOR OFFICERS.
The members of the New-YOrk Gold Ex-
change held their annual meeting and election for officers
yesterday. The Secretary, Mr.. T. Z. Akers presented
the annual report Of which the following synopsis
The fiscal year ended with the 1st of October. The Ex
change was in apparently hopeless condition at the
beginning of the year. The plot TO corner gold had just
eliminated and the cOnvulsiOn indescribably disas
trous 1t shook the il-cOmpaced elements of the Ex-
change almost dissolution. Many of the wealthiest
members Of the Board the accumulation of years OF
active industry swept away from them in hour The
ordinary business OF the Exchange completely sus
pended the Clearing H0use for the time being was par
ayzed speculation died, and as a GROWING calamity
ton at the beginning Of the fiscal year. IL was the darkest
and saddest page nu IN t5e % history bo o e
developed many defects in its organization and 10 cor
rect these, several important standing committees
created; he Executive Committee promptly under
took the arduOus task of revising the Constitution and
Bylaws, and the President addressed himself TO the
task freeing the Exchange from the clutches of the
law, and succeeded. The members Of the Gold EX-
change under present organization and with the
OF its improved clearing SYSTEM do "a larger business
with more facility and with fewer errors than is done
any other business organization in the world The
following facts and statistics submtted
Number Of members admitted to the EIeAag from the beginning
the commencement present year purchased
not rn.a,ed g7 suspended this year 49, % 81 seats trans
d a deaths this 4 members in full standing 69 members
iii associate members standing
suspension for nonpsymen dues 1 persons admitted half yearly to
Receipts during FISCAL FdrMembers for annual dues S
dues S 625 area
admitted by purchase OF seats initiation tees @2; Western Union
Telelrph Company for $2l s Bankers and Brokers T
salary weeks Aug a. $500 Gold and Stock ee
graph COMPANY for n &c. $6l O5 NewYork Guaranty and
1an inH % SS oP% q 20 S%s a % n
% sgz grand sSRi Ics s5Ss; 5as &C. - '' ''' ''-
The following is the report OF the Treasurer
Balance April l. lS7O-Sl3iOGl 2l
Recepts-Frm transfers Of membership, 50 0OO from members
nua dues for 1903 go from members annual dues for SO 4475 from
dues for 1870 1900; from Of attorney $3.50 from
tickets S725 from $3.50 30; from
10 Oct J., 1870, 42l,l23 81
Exyediures-For sslares-Frt veePre et 5000; secre-
tary $23G COS oyes s364l IL for repairs &C. ~;
fuel ssl S6 for general ice insurance g. &c. $475 IS;
for expenses Of special los 85 ioI iynents Commit
tee AtmAen sliO for stationery and printing 4i5 6s for
Ajnl J. 1870, to oct l. 1870 6827 S. Balance Oct E7On
aepog IN Trust Co. f7O7 67 depcs in Farmers Loan AID
deposit in Maintain BaDk +7si 70; total +l8 500
Sl55 Io7 IS.
The polls for the election of officers closed at D. In
and the announced 277 votes had been
cast with the following result:
ITestdent-Iienry s. CamblOs
Vfoe- Prestdeas-T. A. Hoyt. William NJ. wluemore
Tfedurer-R l.. Edwards.
SyTslary-ThOs y. AkeB.
drraion CODnmHeeT F. B. Parker, R. B. wlitemore c.
KlBgenftldt.
Court Of fppeols-C o. Morris C. Greye G. A. Fanshswe
E1eclUe CODBfueJ. r. UndcTl r. II. FOote.
W. Sanction II A. Hser t, w. A. Gibson r. r. b. Parker
Tanner John T. Denny.
COB,Bsss on AdIassoas-P. NJ Myer, c. F. Davenport o.
A. J. Seton, Mm. H. Duff j. r. Chick J. D. Smith, Geo Phpps
Redmond, jr., W. C. MumOrd, c. ii. Raymond.
Committee POUers Of ftOrne-Ruiopl Kpplef Jos IL Tucker
"m GwynDe, Chas. II. Leland, j. J. Burns
The retiring President dr j. F. UnderhilD and Treas
uef lI George Phppsl, each 10 be presented with
service OF plate, TO cost 81 800.