New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-01
STOCK EXCHANGE RE-IRRANGEMENTS
THE GOVERNING COMMITTEE WILL CONSTRUCT
~ ANTIARnITRAGE FoRTREss

THE GOVERNING COMMITTEE WILL CONSTRUCT
An AXTIARp1TRAGE FORTRESS.
TIE business OF the Stock Exchange has been
gradually shrinking since was declared against
those members who dealt with other Exchanges 10y
the adoption OF "an.-arbitrage" legislation ana the
managers o. the Exchange are apparently s;il de-
tcrm.nel u make husiness "smaN and selec;
Yesterday a special meeting OF the Governing Com
mit;ee ADOPTED a r por; Of the Committee OF A.
rangements, proposing plan for a REIMBURSEMENT
Of the interior topography % the boarlroom. At
present telephones used by members are distributed
around The entire wall-spaoe of the boar!room 50
far as It is pracilcab'e The new plan contemp!a'ss
the concentration IF telephones a, the north and
south ends % the Darkroom. excepting the -
which on. 70 The BrOad-st entrance. St'.lS
WI be provided for these modern Instruments
which are So irritating % the advocates Of anti
ar5iirage" Additional, seciusi)n will thereby be
furn shed 20 telephone clerks, bu ihe difficulty Of
communication on any ar5.trasa principle Will be
increased The new plan also c5ntemp,ates raising
the railing which divides the boarLr0om floor for
members from tn narrow space heretofore aroi'e!
subscribers and to the telephone Clerks. 50 that
the height Of the railing will prcveni signaling by
fingers or any other outward. visible sign from the
floor OF the Exchange to the clerks who ara ~ the
telephones. /; is 10; known whether these precau-
tons will so 80 FAR Sd establish soil va"
around the boardr0om, and the question as to
whether The use Of Sits shall. be forbidden 70
brokers anl clerks Ia communication "over me
garden wal" therefore. has MT been raised
II Is understood. however. shat the question OF
aboIshug the subscribers department has been
considered 10y the authorities Of the Exchange
This department consists Of the privilege Of aG-
mission 10 the space between the was Of the board
room arl the railing that conhras the members
and III. charge Is S20 q yea" At times the sub
scrlbers department has netied income 81 S2j."o
10 $4,000 a year I'm fees over IN" rail haV" leaned
at times many men who. while not members OF the
stock Exchange have given out orders 10 be -T-
ecutcd for the purchase and sale OF thousand Of
shares Of stock Eddie" Atwood was 'r!unycr"
In the summer Of lT WI, distributed lots Of orders
I'm this fashion Ills name the talk cf the
stree" until after the failure Of Field l.!rLlcy
& Co. in the autumn OF that year. stephen Van
Cullen White has been big trader 'ovor The rail-
sigct his SUSPENSION from the fNchan@" ON account
TO-. business cinblrr lasncuts When Sugar. western
l Mon and other stocks have been Lively, ar
Whites orders numerous occasions haN- been
hichiy Appreciated In the Exchange. even II they
came from the subscribers d"1a rtIDent. Where viii
the fut Ire "plurger' be- was g question asko !
yes terday when the discussion Of the Stock EX-
change governors became known. Mr. Whit" j.
and h could not well Jean over any tcn-fnot rail-
Ing. should that be the height dXed by the enemies
Of arb!traee and the defenders ~ the resolutions
X the Stock Exchange governors. The iucom" from
ihe subscribers leuortmr0i has recently fnilrn m
$1,000 year. The a-v anti rnitraEe m1iaco-
20 such tr7ur sum AMI the wlDfrl, ol-tTe
"arhitrage1rs." IL declared yesterday. ought 70
- happy II they We're n)t confined - cells or COM
PEELED - eat balls - cyanide - potassium.