New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-14
Iron and Steel Company gave work to 700 additlonai
men this week.
DETERMINED TO DEALIN STOCKS.
THE MINING BOARD TAKES ACTION Fo"DiDDhN -
THE STOCK EXCHANGE.

THE MINING BOARD TAKES ACTION fo"DiDOhN "
THE STOCK EXCHANGE. ,
.oo, 90 tho downtown exchanges closed
,r Yesterday and left their tmembers free 10
ninoe in social intercourse, knots gathered nero w"
there TO discuss the bold. action taken by the
Mining Stock and National Petroleum Exchahse !.
listing the stocks and securities dealt In al INC o'
Exchange This is regarded as the throwmS-oo"n "
Tho Gauntlet OF war between the Stock Exchange ana the
Petroleum and Mining Boards The Mining EAon"ue0
Governing Committee met late Thursday night ana uo
cided TO call stocks and bonds in accordance Win ,o
amendment to the constitution made few weeks ago
Yesterday the folio wing stocks were announced DIS ~
to be dealt In under the Clearing House rues Co"so
and Northwestern, Iackawapna, Erie, hahs"S "h' i''
Lake Shore New-YOrk Central Central Oh Ne"-'oi'o''
Northern Pacific common and preferred Oregon trans
continental, Pacific Mail. Reading, st. Paul common,
Texas Pacific Union Pacific Western Union. Erie SECOND
cons0ls and West Shore S. Other stocks ana bonus @
be traded ill., to be delivered nhret 1 bernn m Monday
The members the Exchange, however, we,c noon
Informally to deal In IN sDeGs 10 the extent Of
10000 shares. The standard fixed ior deaiins' 70 '
There are sail to be about 200 members OF the M h
Board who are members of the stock Exchange anu %
will under the rules OF the Stock Exchange oe col
PEELED their connection with thc Stook loo II
The membership OF the Mining Board Is ABOUT i,aUO
is impossible TO figure out TO what extent TINS
ship may be further depleted by the wihaIa"a 81 the
,tcp
Mining Board. Those who opposed 10 tne @ ,
of the latter organization do not claim that the t1.
nnmber OF Withdrawals will exceed 400. Anticipating
SOME legal action by the stock Exchange 70 'GreT
with the ticker service OF the Mining Board the Ier
secured an Injunction from the supreme court rest
Ing the Gold and stock Telegraph and the Western
Telegraph Companies from removing the Stock huloa
tors chat now supply Mining Board with STOCK qo"
tiOns 1,.,..t.,oo of tho
Stock Exchange held yesterday afternoon 10
of defence against the new rval! tho ~ the
sion was long and earnest because the relations Vi h
two exchanges have been intimate for many years.
Icers of THE stock Exchange estimated that about o
of its members were connected In some way VII h
Mining Board As this number Is nearly one tnlru VI 'o
entire membership the difficulty OF enforcing sorT,o
measures was appreciated by the committee. aoS,ain
tion was passe,! authorizing the secretary 10
the exact OF membrrs connected Win the M,ns
and Petroleum Exchange and to send to all the
of the Stock Exchange circular letter Gazing
TO the article in bylaws against uniting Win o,he
organizations. Tho ARTICLES as follows Any hehoei,
uniting directly or by partner, with any w u
where stocks bonds etc. dealt Ill., small cease ~ VIC
manner of this Exchange This rule shall not apply 10
the New YORK Mining Stock Exchange while us uans
actions limited to the class OF securlueSa PoS
dealt in at that Exchange"