The sun., 1891-01-19
HUNT OUT THE FORGERS!
THE STOCK EXCHANGE SUFFERS FROM
sTOCKJOBRIN0 LIKE THIS

That New England Bun Movement was
Very Sfy1y workea-Russen SAge Doesa't
Feel rsjureA-win so.eSeAy Complaint
The account published yesterday in TIE BUN
OF the circulation OF forged contracts. whereby
jay Gould and Russell sage appear to turn
over $4,000 shares OF New York and New Eng
land stock at IS to President Charles P. Clark
and four other directors Of the New York. New
haven. and Hartford Railroad. and the latter
road appears to guarantee 4 per cont dlvi-
dends on New ENGLAND stock, was news to tho
majority OF bankers and brokers. Most Of
them still thought that only the ancient rumor
Of such contract had been relied on to push
up New England stock last week.
Except Mr.. CLARK. probably none OF the d.
rectors OF either company whose names were
forged knew OF the truth until he read II in THE
Bur- yesterday. Mr.. Sage didn't read his Sum
day paper yesterday. and whom . reporter
called last evening and told him that his name
had boon forged to . contract to sell the New
England road to the New York, New Haven
laugh Then. suddenly becoming serious. he
said, 10 surprise:
Well. welll You don't mean It. never
heard Of such thing in the railroad busi-
moss. Do consider my good name ruined
Oh. moi can stand It Those who have been
squeezed In the latN furry are the injured
ones. Perhaps some small investors who
were deluded BY sure ips' lost all they had.
1t is for them to chase down the forgsrs."
viii the Governors OF the Stock Exchange
be likely to set on foot IN Investigation to md
out who perpetrated the trickr'
II should think they would. for It Is an
offence against the whole body. and It casts
suspicion upon all efforts to bull stocks be-
"a
alleged to have been entered into betyeen any
catch as every favorable straw"
v.sss shs' r.nd ony eH x. E
;sssS : q ~ whose names vsFs forged Who is "a
But am not . sufferer" said Mr. Sage.
ssa. not sod st6s & s
hsssa ssSsh. ssy .ssSsn. isT sns
sr e o. ss
pier We have no reason to suppose 50, but
It's eres! outrage that the Esehsnee should
bel 6sipIossd on; ara xil d9 n can A. to a ana
, MI: "; |. Bull; who Z member Of the Law
In strong terms against the imam GUS deed"
bns nns sSs eass rS e.
ward. I ProSs6iy NO n.nbsr ei the a E1sehsnss cha &c
SsSe1 possible that m sofi oi ehs msm
eers knev whG wss = sh o. It How
was s,tscSsd TO The moe siSis ru@or nS.t that
Led slasures 81 Massaehusetts nd Conn ecti.
sse@p.sI.s. sss lsss! sasisis .d@1s.eS .has hns
sion With sshs dfdns .spsin s.ss1 aess
tSs NSs The
carefully concealed. A Visible coptrac{ Of sale,
ta"hed to Il enei Cd The nssfsI II % iSe SsSs sss. q
ThG + sss sse tbt
that there was an alleged contract drawn up.
but didn't know thar forged COPY was 70
sf: a3P2h sSss
sns q ss nsn
sn hssd as sn .1s ds as ss sc
We're Comm ting Tnausstionsbiy tbsy we're s
@ sH may s.ss
HsSs IL e hssssassi :, tb. Stock
Exchange, said that no forgery case Of such .
shsTfs!e1I re- haS Occurred d1I!ns !hs msnE yea5s
coni1dence OF investors generally he said.
and leads them to believe that the notion is
true that everybody connected with the Stock
that the Board Of Governors will take up the
forged agreement and investigate il: but In
make complaint"
Mr. Q. E. faidlaw. . member Of the Commit
sss on ssa ts sas ts
change would hunt down the criminsis; and
Chairman g.. T. Russell Of the Committee on