The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-19
HO A X e D.
The Recent Wall Streets
FOrEeries.
THE ROMANCE OF FINANCE.
The Strange Story Told to the President Of the
Stock Exchange acknowledgements
Letters and Mysterious individual
Honest Indignation All Over-A
Large Reward To Be offered.

Large Reward To Be offered.
The feeling In Wall street yesterday over the dis.
reputable forgeries OF Tuesday was one OF honest
Indignation on all sides among, OF course respect
able hnanciers. The Governing Committee of tho
STOCK Exchange had announced their intention OF
meetlng TO take action on the matter OF the for.
CERES ~ three O'Clock yesterday afternoon, but It
was long after that hour before q quorum had
assembled. When the committee had gone into
executive session Mr.. J. B. White the secretary,
came out on the corridor and remarked to several
newspaper reporters who were standing,by that
they, the committee. were about to take up an old
appeal or arbitration case Immediately and that It
would be some considerable time before they
reached the forgery question, though it had been
distinctly understood outside that the meeting had
been specially called for that purpose. -
Hours passed away, and when the committee
had adjourned IL was authortatively stated on all
hands that the forgery matter had not come under
discussion, and that that would formt the subject
matter for inquiry at o meeting OF the Governing
Committee to be held contrary to the usual prece-
dent, at eleven O'Clock this morning.
The HERALD representative happened to learn
from what he considered a reliable source that
the Governing Committee had really had the for
gerry matter under discussion and. more, had had
an important witness summoned before them to
give testimony in relation to the question. He
pushed his inquiries further, and learned that
gentleman, who had speculated through some
THREE OR FOUR STOCKHOLDERS
on the street. had waited on Mr.. Chapman, the
President Of the Stock Exchange, yesterday morn
ing, and had made certain statements to him
which subsequently induced the Governing Com
mittee to send for him as witness.
The name of this gentleman, the reporter
informed that he has an ONCE on Broadway, in
the Etna Lie Insurance Company, and that he
was formerly an insurance agent himself This
gentleman, it Is said, went to President Chapman
Yesterday morning and volunteered the following
important statement
MR.. M'KAYES STATEMENT.
Mr.. McKaye said that some two months ago hN
had received an anonymous letter, which informed
him that certain event was about to take place
on the New York Stock Exchange which would
put him in the way OF making, in the words Of the
letter, considerable money" il he would consent
to operate according TO Instructions to be given
him. The letter had neither name nor address,
and according to Mr.. McKayes statement, that
gentleman paid very little or no attention to it.
This letter was followed shortly afterwards by
another which made the same indefinite proposal,
and which was without name and address also.
1t was definite in one particular, however, for the
postscript stated that If MI. McKaye felt inclined
to enter into this speculation he could meet q
gentleman VINO would give him the nee
essary information III he would walk twice
Spph. Treasury bui,ding on the east side OF thas
street. According to Mr.. McKaye's statement he
n spns Snt pe tailed 10 ftscover anv Individual
Who conia Owe hin "a point', to make ANYTHING
avS to- hia or,ce on Rroadway IN disgust deter
mined to pay no further attention to anonymous
On Tuesday morning. Immediately after he
came down town. he received nother communica-
ton rom his Unknown friend. who apparentiv
tool snch lively interest in Ills welfare This
time the handwriting of the letter-tbe
e eui.u from H '1 the two others which had pre
ccSed il. The "unknown' evidently felt that there
| has necessity to explain this adherence. and he
ven, 70 the trouble to inform MT McKave that he
had ..a reionm on the forefnger of his rght hands
and that he was unable to write and was obliged
which natmrav accounted for the change Of the
handwriting. After this necessary explanation
the letter Went On 70 say that 4 Mi. hcKaye was
In his intention to make some money on the Stock
Exchange he, the sender OF the letter, would meet
him Mr. McKaye. at the st. Nicholas BANK. on the
corner of New Street and wall, at eleven O'Clock
on that morning CTuesday), apoiOgizing, OF course
| for not having Kent his enCagement on the former
| occasion MI McKaye saws that he kept this
second appointment also, and did really meet an
Individual who informed him that on Tuesday,
TWO LETTERS
! would pe delivered to Mr. Moses A. WheelOck, the
Vice President of the New York stock Exchange.
! b. Cox, the President OF the wabash, Toledo and
Western Railway Company, and the other by Mr..
Telegraph Company. The former would announce
that the directors OF the Wabash, Toledo and
Western RAILWAY Company intended to increase
the capItal stock of the company several millions
and the second would inform the Stock Ex-
change that the directors of the western Union