New-York tribune., 1897-12-17
WALL STREET AND EXCHANGES

There were further sharp advances yesterday III
49,, .o,Ls y, the anthracite coal roads on the
,cra,r,er 10 extend the pooling arrangement
,hrousb 1Ses Some OF the advances were com
,orinc the dosing prices with those OF eunesu"''
New.Jersey Central 3s; Delaware anu fiN'
o.. and Lackawinua. The production OF a''ti
- .oat ,n december will be approximately Soo'-
o)o IONS II Is not likely TO exceed that hsu'e -''
will max 1900 OCO for the year. as against f''i'-
,o- - io.t vear a decrease OF something more
,h,, . c.o Ooo IONS The decrease In production hdd
10, on.t IN 10 October Dy the increases III
nr,cos Tho low average prices for oc'ooe' W
vanoher ana December threaten 20 wipe ou' ''
yreater part OF the advantage IN prices IN t''e p
Ito r,,o months II Is doubted whether the
average pri.c FOR all sizes for November was 'uc"
ahove S02 This Is decline co'hPa'eu W.. -,
san,ar, ,er OF cents and with November N'" o.
- car,. TON II Is cacula' ed that the December
average price will fall below g, which Will COM
pare with 50 OF in Decem6er 1870 Whf us,b Is ~ the
strlcton agreed upon 20: 10 w" VIZ 6oub,ed whether
The highest prices Of 1891 will De reaized bn @
ta Of sS Eq; no OSgF srong faeor in the snthra
lie sltuatIo1 is the fact that socks aOoe sxceaS
and especially in the hands OF dealers are eN'eeo
nBly Hight
, txo-r,c,d of Kornfed & CO.. steamship brokers'
with an Office in the Bowling Green BUILDING was
y, rree,!rg Of the Board OF Managers OF the
prod
49, T,voharge 10 which he had belonged since NO
',or,hor 1904 A charge OF fraud was preferred
aoainsi him four weeks ago by the r'e's"
p~o,crs. Association. most OF whose members DC.
,org r. the Produce EXch h'Hge. II was a"seeu
that Korrtold altered his t!ls OF ladns a'er tney
had bec7 signed By the agents o. the s'eninSnIp
onn,ries and had thereby become negoao.e, ~,
,rmrmerts II was further alleged tnat Aorhie,u M h
would stamp bills prepaid Whtn L"eS ,ners no When
Wa coilent he charges from he shippers her Ell
an" i ,rCiiir,; vas made 'eceipt OF the ram OF o.
whatever tne shipmcnt nalsn' uea u" ,hc rnea n
% W0u.p s had had the use OF the money for four or
i've weeks horrteld dc rot aPnead oelTie ,nS
nre Rod OF Managers 10 defend himset a!thSSuSh S
be had an opportunity 20 do so He bad now,
|tee n the Exchange which first considered
his cas-"
william y HAYS was yesterday elected mem
49," 80 ~. stock Exchange. taking the seat Of the
49,, u,,u,ar, r. Post. He went on the floor accom-
nortod nv Ms uncle. +. St. John Hays who Is
ror,ner and was initiated in fine style His DERBY
ho, aa SIN lshed his high collar was covered win
nnncIrAd Inscriptions. and his whole makeup was
1t,,rrhad HIS father. Jacob Hays, who Is mem
Der OF the Exchange watched 'oe i'i'ia''oh u s'ee
from the ralcry. Most OF Mr.. Fays's ancestors
s.,,o heen members OF the Stock Exchange. His
reat ne grandfather. Jacob Hays. who was
sh Cons!6Se Of W NfMnoik ays n0 jcned pe
srsnbes 20 ISi5 His grandfather, Jacob Hays.
qnea MaTcS Nav ~ IFS 1885 W His unclr the late D. G.
Havs was for many years treasurer or the EN-
Mage simeon b. Chaplin. OF Chicago was. yes
terJay also elected member OF the Exchange
lie took the seat OF F. r. Hasemeyer
Another payment Of &E.ioo,c"o was n ade Yesterday
nv the Reorganization Committee OF the Union
pacific Railway on account or the debt OF the road
70 the Government check was drawn by the
Reorganization Committee upon the Mercant'le
Trust Company. for which the Fourth National
p.pk "a redemption agent at the Clearing House
Tho check was made out TO the order Of the AS
aistant Treasurer OF the United States at New
York The passing Of the check throrgh the Gear.
n debit balance FOR the Fourth National Bank o:
s; 993 900 and Il credit balance Tor the Assistan
ifnitcI states Treasurer OF G677.Coo This credit
ba,ance was paid In legal tenders Another pay.
r1ent of s. 10000 fails due on DecenDer 20 put AZ
this date Is Sunday the payment VIII be postponed
until the following day
Thays " AZ a gain Of cent IN OeceWpse WnSe'