The Grant & Ward Salts

ívew York, June 5.- The suit brought by Julien T. Davies, receivor oí Grant & Ward, against John H. Morris, assiguee of James D. Fish, was beg-un Friday before Coramissioner Hamilton Colé. The action is to recover over $500,000, alleged to have been fraudulently paid by Ferdinand Ward írom the funds of Grant & Ward to James D. Fish as alleged profits, but which were wholly flctitious profits.