The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-14
THE STOCK EXCHANGE.
Result of the Annual Election
of It's Officers.
BULLS AND BEARS
MIR. Brayton Ives the New President and
Mr.. Mitchell Chairman.


excited for the past two weeks came of yester-
day ON Saturday evening there four tickets in The
neld but several made their appearance before
noontme yesterday increasing the number to eight
The brokers appeared thor Offices and on tho street
much earlier than usual. ana long before the hour
for the baIloting begin tho friends OF the numerous
candidates could be seen buttonholing members OF
the Board in Demonicos and other places The
regular ticket had a hard time Of 1t. as 1t
never known, since the Exchange started,
10 have SO much opposition. There
seemed to be bitter personal Hght the position
of chairman The candidates for that office two
In number-viz, James Mitchell and Moses A. Wnec-
lock- The latter had been Vl;c President, First Vice
President and Chairman CT the Exchange for more
than q quarter OF q century, and his friends claimed
that he had been treated badly by having been
left on the regular ticket. He had many active
canvassers and during tho day it was thought that he
would be successful. As friends argued that he was
the only who, In time OF panic or financial dsas-
ter could sell two three hundred thousand shares
ot stock under the rules and satisfy both parties 10
III Office his decisions bad been uniformly just and
hat to-day could hold the balance SO
wen among the members o. the Board His enemies,
however,, con tended That ho was no 1T man Tor the
place. They did not deny that ne was Just as pro-
siding officer but were totally opposed 20 him
raised TO Mr.. Wneelock was his frequent fall
IL seems that last summer this gentleman
failed, but managed TO settle up with his creditors be-
lore last election anil ran Tor the position OF chair
defeating the regular candidate by four votes.
again, and his name was brought up at
a regular meeting of tho COMMITTEES on Admis-
n tho time, because Mr.. Wheelock had not as yet
gone through bankruptcy, but on Saturday at spS-
cial meeting OF the committee no was admitted. Tho
Governing Committee, however, nuled the action of
the Committee ADMISSIONS at meeting called for
that purpose saturday afternoon, ana Instructed
their chairman to announce their decision from the
rotrum, previous 10 tho election BY this move they
made Nr Wheeiock ineligible 10 Office, and when this
news reached atter's friends thoy doned that
Governing Committee had any such authority, and
said they would run their candidate anyhow and GER
THE OTHER CANDIDATE.
Mr. Mitchell. the opposing and regular candidate,
has been ofncer o. tho Exchsnse tor the past ton
years holding he Office OF chairman. il very
mucn liked In calling on stocks. He isl quiet molten
eivc gent and when charge often members
tor infringement Of the rules Of order IS said Tho
Candidates Tor vice chairman were iour IN number
5. W. Patchen William Mcclure, Allen j. Ormsbee
aud Alexander Henriques-ani the cont est was very
vigorous. friends OF each party doing tner utmost
Tor their favoritcs
THE NAMES CANDIDATES.
The following are the names pu forth by the differ
cnl tickets tor members OF The Governing Committee-
Regular Tor TOUR ycars-Henry MeI2s, Samuel L. |
scnaer, j. J.. Agginson, Clarence 5. Day, 8 J. Har-
t. Il. hartman, j. W. KiDresn; 70 serve Tor TWO |
years. Donald MacKay. Simeon J.. Drake. A. NJ. Ca
hoonc, a. 4. holister, h. W, Mead; TO serve for one
Regular, Iadepsndsns and Conservative, for four
hissiasoa, Howard Lapsley, r. s Ferry ). J. lar
riot, J. W. KilDretn. W. X. Gould, A. b. Bayiis;
Tor two years, Donald Mackay, i. II. Hollster.
Tor one year, A. +. Il. Martin.
Conservative nominations: Governing Committee
for four years-Henry Meigs, S. NJ Scnafer, Howard
Lapsley, Clarence Day, A. B. Bays, Henry G. |
SSha ,,, joan 3. Trevor T. L: Cutting, J,; A
hoone, Donald MacKay, D. b. Van Emourgh, j. J.
Dsake, H. u Hois,er; for one year. A. T. R. Martin.
aaw"'d l Lspsisy, Ssa, j.. W. Ki.s's, Ss a. T.
a m .
Hisg,nson; for two years, A. Canoone, Donald
Macsay, Ii. H. Hollister A N. Kidder. D. q. Van EN-
Rotation aud Reform Nominations. for four years
Henry Meigs, = d. Atkins. A. woln, Jr., j. J. Hig
riot. J. W. Kibre,b, James weegs, W. G. Egoston;
to sorve Two years, Donald Mackay, ". G Gelston,
Joseph o'Brien, r. J. Kmbai, Spencer Trask; for
COMPROMISE rickot-Aenry Mcigs, Howard LapsIey, |
Caapmau jopa D. Trevor rs,r e cu,,sp h s
Won Jr. J. J. Hggnson lfor two years., A. n.
Cahoone, Donald Mackcy, D. b. Van Emburgh. s J.
Drake Ii. H. HOLSTER (lor one year,, A. H. X. Mar
On the other three tickets thorc were no new Names
but general mixture OF the above tickets, with |
Henry Megs leading them ALL
ELECTION.
The election opened nj ten A. II. and lasted |
until two p NJ Previous to the balioting Vice Press.
dent stead, place oil Chairman Neiss. sick,
nouncsd the decision OF the Governing COMMITTED
annuihng the action OF the Committee on Admissions
in the OF MIR. WheelocK.
Tho latter aud declared that he was n perse-
cuted man. nnd announced his determination to be q
candidate until tho Ios closed. lie asked the sup
port OF the members vi the Board and claimed Their
sympathy In bis struggle.
Although tho Governing Committee refused to grant
Mi wheeiock the chance Of running tor the Office OF
chairman the ground that he a member OF |
the Board, they allowed HIM ON he floor OF the Ex
rhaase, ana also gave him tho privilege OF voting
THE RESULT.
At six p NJ. the telcrs flushed the count for |
President, Chairman. Vco Chairman, Treasurer, Soc
rotary ana Trustee OF the Grntuity Fund. II was |
stated that the number OF votes cast S13, the
largest ever polied ut any election Last year tho
vote was 800 and was considered very heavy.
Brayton Ives tho candidate OF all parties for
iden received the iuli vote OF the Board did d.
Hays Ter treasurer, B. o. White for secretary anu
Is. Harisborne Tor member al the gratuity fund.
The vote on chairman was Mncacl, 547: wheclocK, /
24y scattering, IL: on vico Chairman, Mcclure, 275;
ormsDy, 204; HenrIques 204; Patcben, 81.
Mr. Mitchell, the candidate OF the regulars, was
position, and william Mcclure. the independent has
1S4 votes more Than Pachen, tho regular candidate.
wsnts II Understood that ne was not acting cloak
for Wneelock IL was said that the regulars deserted
MA, surprising he was Interested and anxious Tor
THE sgw GOVERNING COMMITTEE.
The ticket OF the Governing COMMITTEE was scratched
In such manner that ~ was diiicalt task TO
count The ballots IL was midnight boiorc the Iabors
o The tecrs were over. The following gentlemen
were elected Tor members OF the Governing CON-
miltcc 10 serve for four years :-Hcnry Mcigs, j. j.
gtinson, ). J. Harriot, A. Wolf, Jr., I. Is. Atkins.
Tneodore 5. Ferry. Howard Lapsiey, A. IS. Bayns,
Clarence s. Day and J. W. kuoreth. These parties 1
pollcd altogether $3.50 votes. ana they ali averaged
about the same, with the exception OF Clarence 5.
Day, who was elected by bare majority.
This committee shows that The regulars and indie
pcnden,s elected the same number OF members-vz,
nve from each party.
Tho members elected on the Governing Committee
TO serve tor Two years are as followsA u. Canoonc
Donald Mckay, ID. II. Van Emburgh, 81 j. Drake aud
IA. H. Hoistsr-lhres regular and Two opposition can
didatea
Il. T. Baiert the Independent candidate for mem
Der oil the GOVERNING Committee, to servo Tor QUE
year. was elected over A. ~ X. Martin, the regular.
by "a majority. The vote stoou-E. 1. Bajert, 3IS,
y. II. Martin, 2S4; Robert y. Anderson, 20l.
pREsDkxT.
rayton Ives, the newly elected President has been
n member OF tue Board since the con sodatlon, aud
as been honorod with postions tor years. He
has been Vice President Wee Chairman, member OF
the Governing Committee aud Committee Aamis-
sion He Is "a reaay debater, n thorough business |
man and very popular on the Exchange.
d. G. Hnys has held the position OF Treasurer Tor tho
PAST fifteen years and always elected without OPPOSE
ton.
position Tor eight or nine years and 10 thoroughly a