New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-19
WALL-S7. INCIDENTS.

THK DEFAULnNG BR0KER-rHE PACIFIC MAIL RE-
POKT-THE PROPOSED CLEARINGHOUSE RULES.
| I The Sherif7s assistants removed yesterday
tho furniture from the Office OF Edwin X Winship tho
deeutng broker at No "a Broadst knocking to pieces
| with\hammers such articles too large to DO
| taken readily through the doorways About ton
| days sgo MI Winship sent his horses and car
| riages f,om Granitsylc, Staten Island, to jersey
| City, wheSe he left them in Gafneys Stables. They
| we're seizcd yesterday by Sheriff Reinhardt on
| an execution OF W. W. Burdiek for 5000
| They will be sold in few days. There are said
be other executions In Sheriff Reinhardts hands,
one for o. 900 aud another for $1,000 Mr.. Reede who
represented By She office boy as MI Wnsbips cerR
but who claimed eaye business rotations with him,
told TRIBUNE reporter that no had not hoard from Mr.
winshp since receiving tho letter from bin, mentioned
in yesterdays TRIBUNE, aud that no did not know where
the man was. He added thst his business would be
settled, but did mention any assets from which
settlement could DE enectch
In accordance with 1.-THE Instructions OF the Board or
Directors of tho Pacific Mai Steamship Company, an
expert ployeJ about month ago to mako care
fu examination OF ,se accounts Of tbs Company, and
prepare statement 70. the expenses aud receipts for
the five months fromAay TO cct l. 1871 This report
prepared and subsitted to the Board An abstract
was also prepared, Of vhich copies were ms-'e
one for each member % the Board present In the city
The statement shows tsat the receipts fOs the time
freight l91ai7 10 total including receipts from other
sources, ,ei22e9 H. Expenses 2S5osx 70. Nst earn
ings for i've months, ssl.743r
REFORMS IN BANKING.
The special meeting Of the Clearing howe Association.
to consider and upon the report OF thu Committee Of
Nine Will be held tomorrow. sr, TaDpaps chairman OF
the Association thinks that the report VIII be adopted
though OF tho sections will meet With opposition
The interest clause forbddng banks belonging to the
Association TO pay interest on deposits no thinks Will
be adopted nearly unanimously The president OF ono
of the Clearing banks has made tho following
statement:
The following substitute regulating the payment OF
interest upon deposits VIII be proposed at tue next
meeting, in lieu Of the recommendation OF the Commit
Tee AMI MEMBER t Of & aou msy , Interest
10 not eisseds S s v % De-. s e. op
Wheneyer the deposits In any bank member CT tiHs
Association exceed In amount three times the amornt OF
its capital and surplus said bank shall thereafter keep
hand in legal tender sum equal 70 70 per cent OF
such excess and the deposits exceed four tmes the
amount of capital and surplus then the entire amount
four times the capital and surplus shalt be
kept on hand in legal tenders The charges TO Dc made
FOR collecting outof-town CHEEKS ana arstts snola 90
for the banks TO make "radesunlon to compel nsr-
an unlawful combination Of capitalists. II u oonspr
scy not authorized by law
PANIC CASES IN COURT.
In the bankruptcy John T.. Fox CO. OF Phils
dephia agt Jay Cooke Co., OF which by DE-
rection Clerk the United states District Court
suppressed by his subordnaes, Judge Blatchfords In
junction order requiring Jay Cooke Co. to show cause
why they should not be adndioated bankruDs Is return
able Saturday. Some OF tine officials OF the bask-
ruptcy side Of the United States District Court
great surprise that independently Of them, representa-
tyes OF the press able to obtain news of bankruptcy
proceedings.
Vim. Carlton OF Elizabeth. Union County, n. j.. pc
toned the Supreme Court yesterday to be appointed
guardian dd item for Helen I. Carlton and Alice e.
Carlton infant defendants implicated 10 the suit Of Ed
ward Il. Wesley receiver Of the Union Trust Company
OF NewYork and Charles Willis receiver Of Charles T.
Carlton, the Union Trust Company and others The
object OF the action brought by Mr. Wesley is, that
OF the Union Trust Company he may bs de-
creed 10 be the real aud personal prop
ery, alleged TO bo purchased by Charles T. Carlton
with money belonging to the Trust Company. Judge
Barrett granted the prayer OF the petition
AN ADVANCE IN GOLD.
Business in Wall-st. yesterday marked by slight
decline In stocks and advance in gold which at
created excitement among the d" bears " in
gold caused the interest OF the street ~ center at
the Gold Exchange. Gold opened at 1921, and on the
receipt of the from Washington indicating that the
navy to be put footing. advanced TO 110t
Later In the day dispatches from Madrid caused de
cline, and the market closed &C 1921 The decline in |
stocks from TO p per due in part perhaps TO
rumors which have been floating about the street for
some days OF the embarrassment OF large banking
house that had been negotiating tne ponds Oh large
American railroad The reports could not be traced to
any trustworthy source and not generally cred
tied 1t being believed that the fluctuations In the stock
market we're fully explained by the from Washing
ton Cuban affairs.
There yesterday Of q very vague charac-
ter IN regard to irregularities In the management OF
Broadway bank, but inquiry nothing could be learned
to sustain the reports except that money had been lent
to persons who are at present financially embarrassed
though belle we'd to be good OF their debts
ultimately.