New-York tribune., 1891-01-29
JAY GOULD SUBMITS.
TIE BONDS WILL BE RE ENGRAVED.
STOCK EXCHANGE GOVERNORS LIST SOME NEW

STOCK EXCHANGE GOVERNORS LIST SOME NEW
SECURITIES.
The Governors Of the stock Exchange yesterday. az
their regular meeting. placed sixteen new secnri-
ties upon the stock list and transacted routine busi-
The meeting was expected to be livery one on
account OF the disagreement between the Missouri Pa
cfc and the governors OF the Stock Exchange with re-
card to the ting Of the collateral irns per cent bonds
Of the railroad company. The bonds were engraved by
the New York Bank Note Company and were rejected
twice by the Stock Exchange Listing Committee be-
cause the engraving did not up TO the standard
prescribed by the Exchange. Negotiations were con-
Quoted with Jay Could president Of the Missouri
Pacific, and the claim made In behalf OF the com
pany .ha as the bond. had been sold and distributed,
il would be injustice 10 refuse the holders the mar
ket that Is furnished by the Exchange Hot-headed
partsans made many passionate utterances during the
controversy, and talk heard Of Mr.. Goud'S in
tenton to transfer his business relations from the Stock
Exchange 10 the Consolidated Stock and Petroleum
Exchange as well as to take action which would re
quirc the stock Exchange TO strike from It's list the
securities of the companies that controlled by him
and his friends.
The Missouri Pacific Company prevented an open
breach by deciding 20 withdraw the outstanding bonds
and have them re-engraved and Submitted 10 the ap
proval Of the stock Exchange Listing Committee This
action was announced the stock Exchange in pleas
ant letter from Mr. Gould secretary Ely, and hence
Yesterdays meeting Of the governors was releVcd OF
the necessity Of passing upon the question: Inc Oahh
note company is already at work upon the new bOhoS
and the exchange of the old for new bonds VIII be
hlstcned as rapidly as possible.
Jay Gould smiled pleasantly when his attention was
called 10 published story representing that he was AZ
odd, with the stock Exchange on the question OF u~
listing of the Missouri Pacific bonds. Il guess that
vas written with the aid OF a microscope, ne ssd'
II is true that there has been MISUNDERSTANDING
betwecn us and the Exchange about these bohds'
II not true that have any interest In the engraving
company Mr. Sage has an interest, but tnat mao
no bearing Al all upon the case. The Missouri Pacinc
gave rs contract for the engraving OF the bohns 70
The lowest bidder. not aware that the require
mont, Of the stock Exchange compelled the railroad
company 10 know Of the action OF the committee aer
the contract given ont. The engraving company
after submitting its proofs to the stock Exchanse Wch
ahead ard printed the bonds II Is utterly false tDas
/ made any threat Of withdrawing from the Exchange
the securities u the properties Win which an
Identified II there had been only one person that
oupo,cd the listing OF the bonds might have been
t,1pcd 10 press the issue. But as there were many
members Of the committee opposed to the listing we
thnught il best 20 take OH our hats 10 the STOCK
exchange 20 we decided 10 issue new bonds In INce
Ol The old which our counsel assured US VIC ""
IA perfect right TO do