New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-01
TIE STOCK EXCHANGE REOPENED.
DAY OF QUIET AND GOOD FEELING-NETnEE a
rAmURE NOR A DELINQUENT MEMbER.


FAILURE NOR 4 DELINQUENT MEMBER.
After a recess of i-ht working days, during
which The speculative tenprTamruts Of IL members
were hcrueically sealed pain Of expulsion, the
StOch Exchange was TcopeHci for business yestcr-
day. By o'clock crowd in its YES bales waiting
for the hour of admission TO the main hail. and by TO-
the hour OF opening. the crowds stretched OFT 10 the
middle of Broad and Waists, and cddicd about tA,
corner OF those two thuroughfIres Tie Old spirit Of
speculation was upon them during tie waiting hour,
and stocks hal began bouncing up aud down in the
vesubulcs when the Secretary OF the EXslngs ap-
uearcd and requested them TO restrain their arior
Amid the good nature that prevailed there were few
expressions of discomfort. Il will be ike sup T.
heated steam boiler i'm when these people get at U
again." said one oh sentlemal. whose face showed
traces OF plnic. I've gong TO o5en the safety
valve" replied another.
The "satcty valve opened inst al TO- AMI the crowd
pushed through the doors into the ain hall, aud
soon filed the The m In hal was packed almost
beyond lis capacity, and Vce-PrcSIdent WIceloci cs-
mated he number OF members present as larger than
ever before. 1T was unusual OCCASION" said the
cc-Prcsidcut, " the Stock Exchange never paving
been closed for long time under such crcumstln
ccs before, and that, doubtless accounted for the M
usual acuoa-co." Before speculation cDull get ana or
way. President Chapman, wuO with The Vre-Pr.-iIcut
and Secretary OF the EEhaugc had secured seat az an
carly hour, called ths members to Order and spoke as
follows amid "a very respectful silence:
GENTLEMEN OF TIE STOCK EXCHASGE; I am highly
pleased to welcome NOu once more TO oar Board. The
Board l- been closed .ur eight ur mine oay 81, and
.at lIns. ~ IN b.. subj. ~ IN. following r.sl III ions
adopted uy tne Governing {. mmitiee. le 'A-H read
'At ice. .d ions, Us previously pu'i-'c-I j. S"'i
tuy g.It,nru 20 do everything iH your power 10 Gear
the Burdens cQu lily. and 10 assist another go far
lna BOarl Is NOW open for business.
The. cheers salut.d the Plesd ut lie concluded,
anu before their echoes had died out Of Tie inches tile
Il
TIC hood was at once its hight. TIE noise and con-
fusion of tine worst OF the pane repeated and
II noise aui confusion ia the Stock Exchange liable
10 produce financial c0ryusols, the country seemingly
was aa.n the verge OF disaster But the confusion
soon spent itself The crowd dwnded and ia tess tnan
an hoGr after this mauspicous opening suDdned quiet
prevailed doubt il W. ever had 50 quiet sessiJr,"
said NJ. Whcoock.
4 committee WAS appointed soon after the opening, IN
accordance w,tn resplu ions of the Governing Com
mittec, 90 determine on equitable market price 10
which margins snail be made TO conform, m. TO deter
mine harsat price at winch the contract, o. den-
oucut person, shall b. settled. Tie Committee
Of salem r. Russell hu Ten Brock, aud L. Il. II 'rs-
iaru i began Us session 40 once, aud VIII s e-cA
/ Oav for bali in hour 10 the afternoon.
81 fees, minutes OF the Chairman introduced \. y.
EIyl-~. who empowered informally. 800 -.Jiui 20
r.lrf from the comm. e.. Mr. b iyiss sad thcs Add
clIriu.y IuN ueIted ami considered al r eases nat
lai come pt.o', iArh' Hhi hr Wa Ial'y 10 a'. tH
hHd satisfactorily I-tel every dhculV ana hd not
one OpI.HuU.ut Hcui.r solitary FAILURE To report.
amid i4e cheers That followed tbs annouuccnruf, tht
gong sounds 8, 1uI the few members w-J nal r.uuucd
90 the close quietly icptTtet. The salcly-NIYt htI
blown OH steam enough Tor one diy.
prominent member of the Exchange, In conversation
wilma IHauNE reporter sub Ieuuy STATE th'I me
quiet Nos d- u>ive. NiceFre,id no WurcucK sud Hr
IaI feared tIuU.tuOIs session al FIRST, bI. 20, Ur
/ foundry trlfInct at tine good feeling and generous
-Vup8., ilaf urcy a'cr. II believed That % wa
a smooth sailing now. lie had not held. reported,
number of s. pension, u his h.nd Wutl t Bard vas
,.Jsc.. ou St.lrJIy week. lie would have Lvcu them
zoo fu tc Board ou rcupeusg htd such been tAc
case, fr lac vtuld nave considered them the property
uI On. BHa aud hes Cud recall hy Tie writers. uuc-.
tuc Boar. greed O. such recall lie Lad uO dulig .lc
session yesterday, cyiyedd notice of inability 90
uay tlt uI.l~ OF members, aud hdI received
ana Ic.u Bo3ru tne auuuuicc ncnt fruiu ruh *
WeJyt., one ai ,Ic firms dr,ltrcd delinquent ID tie
clos H. hours of tine BUlrt SlmrdIY, tcr rcdd-
ness aud Jtfy 10 meet an thrlr obligation, fuIl.
settlements making tArou-ho the day by br hcrs
who AdI vet freed themselves from TIE cmbAIrs-
mcAts OF the panic. The arrdLg, ueIt., hOvcyc,
private, and tne dc ais could not he ObtaucI.
COMPARATIVE TABLE OF STOCK QUOTAuOSs.
Tie following table shows the closing prices
o.st c ON Sept. II (ue any before the Suspension OF
Ily Cooke d Co., the beginning OF the puic. Sept.
20 when the Stock Exchange suddenly closed, anu
OF llI... t.f