The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-11-05

WALL STREET NOTES.

The following gentlemen have been appointed by the
Stock Exchange committee to visit the Centennial in
connection with the bank presidents, with view to
preparing department for the reception Of foreign
nnanciers-
George W. Mclean President; Washington R. Yer
milye, H. l. Cutting, Jr., 3 " White, jenkins Van
Shack James N. Harshorne, Brayton Ives, Alexander
Taylor, s. W. Babcock, John II. Davis J. T.. BOWER,
Q. +. Woershoiier, Bartholomew Skaats, John Benja-
min Henry o. Wilson, L. 5. Monroe, Z. L. Frank
George II. Brodhead
RUMoRs
The sensitive character Of the stock market Illus
traed yesterday by the effect produced by the attend
ant rumors in connection with two reports of
OF iact-the announcement OF tho death Of ex-Judga
Thomas L. Jcwett, OF Philadelphia and the publication
OF Attorney General Perrcponts brief in the Union Pa
chc case Both circumstances promptly utilized by
the rumor committee. In connection with exJudge
Jewetrs death it said that he had been largely
"long" OF Lake Shore and Erie stock The conse-
quence OF this supposton rapid decline in Lake
Shore. A decline in Union Pacific followed, based on
the publication Of the Attorney Generals brief aud
various rumors affecting the decision in the case
About this decision It Is quite safe nothing
DO known fairly surmised the street present
II equally certain that the decision itself will be the
first intmation concerning the which Will reach
the public tho bogus newsmongcrs To the contrary not
withslanding, The decline in the stocks mentioned
business
RAILROAD MOVEMENTS
meeting Of the first mortgage bondholders OF the
New Jersey Southern Railroad held at the office Of
Messrs Lord, Day l. Lord, Equitable building recently,
at which, It is said, $500 600 of bonds were repre-
sented plan for the reorganization of the road and
It's consolidation with connecting roads running
toward Baltimore was presented by the committee
which had been thus far acting for the bondhoders and
was then partially discussed The meeting adjourned
till November at noon, at the same place, the COM
mittee having been instructed meanwhile to have
cd fnr - lnff
OF report the condition the different roads which
had been prepared by Mr.. John G. Stevens, civil
engineer. Tho report and plan have been since
printed The plan proposes-The second mortgage
bondhoders of the New Jersey southern Railroad ara
to exchange their bonds tor stock at par, the
first mortgage bondholders buy in the New Jer-
sey Southern Railroad the purchase TO be made by
appointed under the first agreement and the
reorganization and consolidation to be carried out by
a committee appointed under the second agreement II
Southern roads not consolidated then the New Jer-
sew Southern Railroad is be reorganzed with the
Long Branch and South Shore Railroad the basis Of
the same figures at which they are to be represented
In the consolidation and lastly the agreement for con-
soldation is to continue in force until May, 1877, with
liberty 70 all parties to extend the time further
proper.
Ii is stated that the salary of Captain J. H. Wander
bt president of the Staten Island Railway Company
Ferry has been reduced from 1000 to 81, 500 per
annum.
meeting in regard to the affairs OF the Missouri Pa
and OF the bondholders attended, held in the
Drexel Building yesterday. No definite results wcro
arrived at meeting exclusively OF the Missouri Pa
ci1c stockholders will be held to-day.
The following were elected directors OF the Cayuga
Railway Company at meeting held at No 10 Wall
street yesterday :-Messrs. Talmago Delaheld, Hon
Edwin B. Morgan and A. Craig Palmer of Aurora !;
James Stman, Alexander p. Fiske and u. Is. Cox,
New York; Frederick Collins, George O. Morris and
William Elliott Philadelphia; James K. Cox, A. IL.
Gass and Horace 7. Cook, Auburn The officers are
President Talmage Dcaheld Vice President Frederick
Collins; Treasurer and Secretary, james Stlman, and
Assistant Secretary A. G. Palmer; william e. Murray
and S. j. Harding Inspectors of Election.