New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-27
WALL STREET AND EXCHANGES.

new trrst company. to be called the Produce
Exchange Trust Company. II to be organized As
Its name indicates. 1t is intended that II shall be
closely afiliated with Produc. Exchange interests
Provision Is made that at least one-haf OF the
stock shall be subscribed for by members OF the
Exchange. The capital stock will be $4,000. and
there will be surplus fund of 10000. which
means that each share Of stock Of the par value OF
500 will cost 5000 The company's principal place
OF business will be the first floor Of No 20
Broadway STANDARD Oil Buildng), and 1t will have
a branch Office in the Metropolitan Life 1nsur-
ance Company's building. at Madison-ave. and
Twenty -third-st. The corporators Of the com
pany are to be Frank Brainard, president OF the
New-York Produce Exchange; James a. Parker.
| president OF the United States National Bank;
| Thomas A. Mcintyre. president OF the Brooklyn
| Wharf and Warehouse Company; Timothy hogan.
| steamships. Bowling Green Building; Z. r. Arm
| strong Armstrong & Co., exporters, NO. lW wall
St; Henry d. McCord. ex-presdent OF the view
| York Produce Exchange; Munroe crane yves.
Thirty-ninth-st; A. Goepe Goepel Trube. NO. IL
William-st: John p. Truesdel, grain. Produce Elk
| change: John r. Hegeman. president OF inc Metro
polltan Life Insurance Company; SINS ID. Du,e",'
Brooklyn; W. c. McGibbon, president Oh ''io SIAM"
| ard National Bank; Watson r. Brown V'ce-pIeS'-
dent OF the Standard National Bank; "''n Ian
Willis Merrill. investments. Nc. fs produce Elk
change: Turner Bea president ot w. W. D. eM H.
G1k nnd Srssden OF Se hydraulic Consru
ton Company; william T. wardwel treasurer OF o.
q IS, Sa csaSa on SaDan
manufactqrer passaic c, N j. B b lS.A No. 81
Snd ed g grain E
Change The promoters Of the COMPANY, m SGrS
.as n4 hea aPA R Mr 1sd
Metropolitan Life Insurance Company "a an the stock
yas H NOT sandafd oil enterprise as might be
Inferred from the fac. that th OIL Bndns and
hat Wuliam T. Wardweil tho treasurer OF IN, dne
Standard oil Company to be SSsa not
secured Produce Exchange because the
oil s eoa E. o S%s
lions to the stock will not be payaoe ready for
psIy u: and the company later W,,I dat date.
| Tn. Anal clearing at the Clearing House oy VI,
| United States National Bank whose 80 ~.
| business have been acquired by inc .,o.,no
| tional Bank will be made to-day. Inv $500
| I'm OF the United States National makes IL noo.S
sary for three other banks which cleared w a.
| r. 10 secure other Clearing House asen.S3 % the
cordingy. beginning on Monday. Sov ,hn Hank Of
sasen saak viii Il clear The R,o Ss
tlonal Bank and the 81 spT Tsnevep National Bank
Most OF the accounts Of the United s'a Wsstern Ma
have already been II ss Accounts were taken to
other banks
A portrait Of Thomas Tileston. the hrst preSaens
~ tho Clearing House and president OF the fhenlA
| National Bank and portraits also OF "eors' ~
| Lymen and William H. Camp. the hrst anu Sc.
ond managers OF the Clearing HOUSE. Ws Cear,ns
| hung In tho large meeting room OF tno srnsh ~
House. Inc poIIa , ~ or tho National Acad-
Thomas W W oou ~ ~ Nr Tileston will
envy OF Design. Inc POI norfraits will
be the gift OF MS Fanny, Hv h,nk residents
be paid Tor py suo'ciip' ~
Collector Bidwell yesterday decided that there WAS
no evidence OF fraud in the entry as hor' oi 'Ny
eight bales Of tobacco consigned 10 sai'ot'ou' a
Co when the appraiser declared that the 'o"a00
| ,os su,iah. "a uranpers inasmuch as II contained
80 ,han * ner cent OF tobacco suitable for wrap
nsrs Tho matter now goes TO the Board or Genera
the local appraiser The invoice Va'ue Oh '''o