, 1873-10-14

decided on Saturday that the banks should hold
thorn until retirement In proportion to the
busncss done by them reapeotively within Il
dohnito period theroin named.
~' NEW YORK.
Special Dfspateh to The Chicago Tribune
THE INJUNCTION AoA1NsT BALES OF BrocK.
New YonK, Oct. 13.-Judge B]atchford RON
dored, to-day, in tho United statoa District
Court, tho following decision In tho caao Of
George Bird Grinnell d Co., modifying tho In
junction obtainea by Henry Myors restraining
Blake Bros. d Co. from dispoaing OF certain bonds
and stocks:
In THIS mattor On motion Of nnko Bros; Co.. 10. an
Nov York stock E.ehango. 1T stocks and bonds re- re-.
tonea Il 'hss ha av u " g. oeot
as having been depo,ssllted with Blake Bros.
S Il sseu1 asSs Rra an4s ss ss
receiving tho right and power Of is 6ourt in caso an
ings thereon t to ~ aacertain mt md nqudato uans and
speciho claims which have heon may be Bct up By
Ss + @ e 81 or o fn o % sa @
md to manage aud dispose Of auch proceeds,
and rcsorv.nq the right to any Assignee IN bank
q securities deposited d. With niate nles. ! c. g.
y i IL FL ss j. IL a
WY Company 100 shares Of tho common capital stock
e saafs: Sa s o.a xa eaps 5
ern Halfway oompsny's sink1ngfuna bonda; ind the
Sens a % pgS S # @ss nfa Of e a %
DFd arinneu CO. on Sept. 2s, 1878, and 1eseryi5g
ns s 6 S6 '9sa aa Assignee BaSs t. Y1st q g. s 10
hold The sp1plus securities given on eno
loan tos deficiency on any other losn and reservng
% @ pS e e s as
application Of tho proceeds Of al securities deposited
Viii Dako Bros. Co., Is mentioned in aaid aiIldayit
sold or arc yo unsold. This uodihcatton to bo sub-
teot to the condition thai Blake Bros Co. shall flo
In hs Y G9o f n .5 1 sss after hs fs s,ts
vision must e Inserted, in order tsst nothing
tho Court for the securities within meaning of
Sec. % Of the Bankruptcy act, otherwise imply
sae 80 far a. suc assent was or is necessaty Under
s' 30 ssa :s p On ~ noee 10 detsos: and pSt,onas
creditors. =
BANKRUPTCY PROCEEDINGS AaA1Nsr KENYON coz
William L. Scott. Of Erie, Penn, has filed in
the United States district Court petlt,,on ask-
under lie arm namo Of Kenyon Cox 4 Co.. bo
adjudcated bankrupt. The petitioner alleges
that the firm owo petitioner S818,oG0 for balance
Of money on deposit with tho firm Of KonEon
Cox and Co. and T. is in e1bstanco az follows:
theSoof fer psFioi q fourtoon days; On svpt ID,
% psens RsnSoR Ga9 Co.,
and payable 70 tie order of j. E. Caldwell Il Co., for
a5Ssi On S 1 s ''a 1.%@8 % eee M Dsstf %se
Troasurer It tho 0anada Southern Railway Company,
dated Juy y 1873 foE o.. aud aeeentoa 6y Ksa
Daniel Drew did, as petitioner IL informed md bo-
neyes. II cont contemplation m 4! of ba.nkEuptey or
for cach, one 10 Iouiss r. Edoy, ono to 0eoigf
Everett, one to Josephine Cozzeus, and oEs. TO
Antoinete Cozzons Ill such mortgages being parable
demand, boing upon real estate In this city. The
mortgages specified given with tho intent to gyu
preference to and with intent BY such In
snd deieat tho opezaaon q }hs bankruptcy - scs
Upon this petition Judge Blatchford granted
On order, returnab1e on Saturday, requiring tho
firm Of Kenyon Cox L Co. to show cause why it
should not DO adjudicated bankrupt.
TIE BTooK MARKET.
There was ateady decline in prices, with An
occasional reaction In stocks from tho opening
Of the Exchange to its close. Much uneaHinoBs
was ocoasionod BY this unexpected and discour-
leyed that, as pricea had touched bottom, they
would rise to their former height and remain
there, without much variation, permanently,
thoreby enabling sufFerers who wore carrying
stocks at high figures to unload ut saving
figures. App1ohonsioua are Expressed that, If
the decline continues, serious results will ensuo.
Already tho failure Of ono small house, P. II.
BtevonB, has been announced. Ono theory nd
vanced as the cause Of the depression was that,
owing to mobilization by Judge Blatohford
Of tho Grinnsll injunction Is related to Blake
Bros, bankers, who had loaned money to Grin
neil & Co. on Lake Shore, largo quantity Of
tho stock had boon thrown on tue market for
.toalization and, the price doclining bud brought
that the Grinnell injunction, which temporarily
tied up large quantity Of Western Union and
Lake BAoret might be invalidsted at any mo-
mont, and tho result would bo d precipitation Of
bankruptcy proceedings against Kenyon Cox Il
GO. are regarded with some apprehension, but
this In believed to be without good ground, Tor
Daniel Drew IL only special partner, and, CON-
seqnently, he IL only responsible tor the faoo of
A rumor was current that Secretary Rioharil-
son had either resigned or beon requested to do
80, hiB successor being the Hon. Columbus Do
lano. The rumors Woro based upon reports Of
sentative Of tho Associated Pross and tho Presl-
don't, Whorein tho lattor lad Expressed views adj
vors8 to those Of tho gecratary. The rll,nor Ia
bolleyod 70 be untrue.
arooK QUOTATIONS.
Lake Shore declined from 101( to Gt, rallied
to 68, and closed 05$$; Western Union advanced
from 81 to 82N, foil to 6Os1, rose to 01H, aud
closed at 68 New Yolk Central advanced from
9oI to q, and stopped At ssA; Harlem declined
from 112 to 100; st. Paul Common, 8191 to 291f
Northwoat Common, ~ to 40t5 Wabash, AZ
to 421{ Pacific Mail, 9316 to 31J]. Tho romain-
dor Of tue llst declined from Il to q per cent.
1BEENDAOKB
arc Hti'l coming this wayi mud the premium rules
from u to }9 per cont Tho rato OF discount IL
botweon IA and "a por cent
GOLD
active and strong, tho pr1oo at tho opening bong
10816. advancing to 1885, and closing At 108995.
The most cheerful slgn OF tho day was the
RESUMPTION
Of tho National Trust Company. The ollcora Of
tho Institution Rro RQuguilQ.