The New York herald., 1873-11-15
THE MONETARY SITUATION.
Increased Firmness in Wall Street
and on Change.
FURTHER WAR EFFECTS.
RumOred Death of Commodore Wander
blt and What It Teaches.


Santiago de Cuba. There was an intense feeling Of
Indignation excited thereat, and the various
ports received OF decisive action being likely on
thc part OF our government In respect to the in
suit onered to our flag were duly discounted in
the Gold Room. This dscounting however took a
singular form here, quite the reverse OF the effect
OF the same news in England On the London
Exchange American securities went up. with all
other securities excepting Spanish securities here
gold went up. This proves one OF two things con-
clusivey-either that
THE ENGLISH PEOPLE HAVE MORE CONFIDENCE
in our ability to come out OF this possible quarrel
with the advantage on our side than have our own
people, or there are traitors In the Gold Room II
not in act, then In sympathy. Strictly speaking,
the possibility OF war with Cuba-for it would not
really be a war with Spain-ought to have ten
dency to reduce the premium, as, although temper
airy imitation might be necessary to eject the early
operations the island is rich enough to more than
reimburse us for any expense we might incur in
It's pacfcation; while, II annexation should result,
1t would add largely to our material wealth. 1t IS
possible that the advance in gold may be upon the
expectation that our government will recede from
its present firm position, there being, truth, but
little confidence ielt in
THE WARLIKE SPIRIT OF THE PRESENT ADMINISTRA.
the consequence Of which would be rapid decline
IN our securities abroad commensurate with the
contempt we had earned. Lacking other means OF
moving the stock market to o spirit Of reaction
from the prevailing dull feeling, kilograms were
industriously circulated in the afternoon announc-
ing the death OF Commodore Vanderbilt They
were mostly signed "W II. "" or &c. ", Jr.," the
party who sent these dispatches evidently forget
ting that II the old man were dead there would oe
no &c. ", Jr." 1t Is told OF one Of the Barons
Doth
house before the head became baron that
being on his deathbed, he sent for all
the junior partners or the house and instructed
them to sell short OF certain securities which tho
house was largely interested and which he knew
would be depresslngly affected by his DEATH
Thereupon he died. The house. having acted upon
his advice, made large profit upon his DEATH The
street or somebody in 1t seems disposed to make q
similar pront upon the Commodores ending and
the suggestion is here made that he is most likely
to preserve that 'point legacy to his most in
innate friends
THE AFFAIRS OF GEORGE BIRD GHIsNELL
and Joseph Z. Williams were again made point of
discussion yesterday before Mr. Allen, Registrar In
Bankruptcy, and the creditors met for the purpose
OF selecting one or more assignees and TO prove
their claims against the firm. The creditors rep
resented were:-L. Delmonico, Henry Myers, Will
bur Hastings, T.. W. Rowe Co., Whiteley &
G. Judson, Mrs. NJ E. Billings, Mrs. II. L. Mill,
Dominlck Dickinson, estate OF II. Hogeboom Mrs.
9. y. Ferguson, George H. Holt ; Helen L % Grlnnen,
A. Baldwin, Mrs. J. A. Bishop, Frank A. Grinnell,
j. 5. Kendrick, j. r. Kendrick, John Dun, William
Orton, Morton Grinnel, Newcomb Cook, Mrs. NJ N.
GriDnen, Mrs. s. Z. Williams, Chauncey Depew,
Boyd Vincent & Co., Mrs. NJ. 5. Dickinson; Arnold,
i11 The cal amount Of money due creditors, as repre-.
sented by counsel was $7S7 900. An adjournment
OF the case was strenuously opposed by those
present, who urged upon the Register to proceed
at once with the appointment or an assignee. lt
was, however, decided that only those creditors
not secured were entitled TO a voice in the cleo
tion OF assignees and the case was adjourned until
the 6th prox. 1t was said later that there is
again. December s, settlement satisfactory to ali
Is likely be effected. This certainly seems to be
the estate will give each creditor more
than could possibly be received II the proceedings
in bankruptcy are allowed to draw out their slow
length.
At the close OF business on Thursday evening the
.street' was greatly exercised with rumors that
tone OF the leading city banks was In very en-
barrassed circumstances, and that before this
Saturday evening the affair would cuminate.u
BY general assent this rumor was directed against
the Park National Bank, for what cause, however,
is unknown. The officers OF this institution were
questioned on the subject by a HERALD repre-
sentative, and by them informed, he was on .
previous occasion, tnat there was not the slightest
ground upon which to base any such unjust
PENSIONS on q bank that has maniully met an unex-
pected call for $l400OOO0 ana has still nearly
slo9oGOoo LEFT to carry % on their business The
statement just then received from the Clearing
House, by which it was shown that the
third upon the list, the Metropolitan and New York
banks being the only ones having q larger balance.
The officers OF the Park Bank are most emphatic in
their assertions that there is no truth the ru-
mored embaIrassments, and that they are not
only able 70 hold their own, but are granting DIS
counts 10 their dep0SltorS TO the fullest p0SSlDle
extent.
THE UNION TRUST COMPANY
again looms up before the public, although not as
a reorganized institution. Mr.. f. b. Wesley, the
receiver, yesterday notified the Pacific Mail Steam
shin Company not to transfer the various bonds
mentioned herewith, he claims that they are
the property of the Union Trust Company. Parties
holding these certificates, proving their proper
ownership and by paying the full value for them,
may obtain his consent TO the transfer OF the
same:-
No. M7st-loo-name, Clarke, Dodge Co.
No. 5slsl-loO-namc dlendenning, Davis Amory.
No Ss699-lsi-name, Garland, Martin : Co.
No s9I-lc,-name BREEDER FREDERICK &C. G. Lewis Lewis,
No. So, i67- l0o-name, Il B. Musgrave.
No. 69,I74-l0l-name, Jamison, smith Cotting.
At the Exchange Salesrooms, No. Ill Broadway
Messrs. Dooey, Allen 4 Henrques sold yesterday
thereon by a prominent banking concern, which
were not taken up at maturity
ssooo-Michigan Southern and Northern Indiana Rail-
sSss ;s SSn dSs @ Rse's.'
81 2ooo-Miehigan Southern and Sorthern Indiana Rail-
tersst Way and Sosenber D0Au' u"s ''' m
per cent bonds due 1880. Interest January and July.
81 ss5oo-cleveiand, Painesvc and Ashtabula Railroad
per cent bonds due isso Interest April and October
S5L.
Si0ooChicayo, Rock Island and Pacific Railroad per
cent bonds due 1896 Interest January ynd July. i00
&asns aas 5000 & s. $500 5 At February and
$10OJ0--Iake shore and Michigan Southern Railroad
consolidated mortgage and sinking and per cent bonds
due 1900 registered Interest quarterly January, April
July and october. SS7s.
The total amount realized from this sale foots
up $35,461 25.
THE UNION FERRY COMPANY
have just issued their annual report, from wncn IL
appears that the total receipts for the year amount
TO SLIT 900, and the expenditures 70 sl.06OooO,
thus showing q net earning OF $4,000. Filteeu
boats and 4l0 persons are employed In the service
THE PENNSYLVANIA RAILROAD COMPANY
is according to the statement OF its officers, In
forishpv condition. The late dividend OF nve per
cens scrin has satisfied the stockholders, and
ninety cents and upwards in cash, being about four
and half per cent has been onered for the issue.
Tho traf,lc on the road has increased largely this
month. and the freight offered is greater than the
faculties or the company. Twenty-thousand freight