Daily Kennebec journal., 1884-05-17
AUGUSTA, MAINE, SATURDAY MORNING, NAY II, 1884


son of this city receiver. Wilkinson took
possession this afternoon.
NEw YORK. May l6.
The Newark Savings bank makes the fol-
statement Of its present trouble:
The purchase of government bonds was
entrusted to Fisk & Hatch, " no agreed to pay
the interest, pending the investment of v har
money was in their hands. The wealth and
reputation of the firm naturally led to over
confidence and carelessness about obtaining
the necessary investments. and so things have
gone on until now it seems the firm owes the
bank nearly sl.0O0,000 Besides the box of
securities of the bank kept bv the firm which
ought to hold government bonds, only has in
their stead personal property not of equal
value nor so readily saleable.
Anxious Creditors at Hnwiey's.
Bosrox, May l6.
The Office of F. A. Hawley & Co., whose
failure was announced yesterday, vas
thfonged this forenoon with anxious creditors
and customers, many of them ladies. The
assignee was in charge, curtains all down.
and clerks buslly engaged in going through
accounts and getting matters in shape. No
exact statement of conditions could be made
up.
J. F. Hawley has been in the stock board
sll the morning. arranging as best he could
various stock transactions under which the
firm is liable. The fact that the transfer
books of the Atchison, Topeka & Santa Fe
road are reopened today. makes his task an
onerous one, as the firm has of late been
dealing very heavily in Atchison securities,
and therefore have many transfers to make.
1t will be several days before the exact status
of the firms affairs can be learned, but its
k,s - Iv,Ax 20 hn
sible.
Trouble Among the BROKERS.
New YORK, May l6.
Russell Sage stated to Jay Gould he has
settled more than three fourths of his 'puts"
and that he will continue settling them up as
fast as the clerical force can figure his accounts
up. At one o'clock the glass door of Sage's
office was broken by one of the privilege
holders He was threatened with arrest, and
he said that was what he wanted.
6P. Mt seems to be the impression in
Wall street circles that all danger Of contin-
uance of disturbances of the past few days
is over. Many of the financial minds of the
day have come to the conclusion that the
moving causes of the panic were in no way
similar to those which eliminated in Black
Friday and the fury of 1878.
Messrs. Donnell, Lawson & Simpson today
issued an address to their creditors announc-
ing their Suspension, and requesting all pos
sible consideration. The notice states that
the firm and indiv dual members have as
signed all their property to their confidential
clerk X. H. Weems, and hopes to pay all
liabilities unless they are forced to sacrifice
the assets.
New YORK, May l6.
The assignment of Donnell, Lawson &
Simpson gives preferences to the assignee
for S60S3 and to the State Savings Bank of
St. Joseph, Mo-, the full amount which may
be found due, which as near as can be esti-
mated, is about $500. 900 for moneys and Sc
curities loaned BY the bank to the firm. The
assignment also directs the payment of debts
of the individual members of the copart-
nership.
Gould Interviewed.
In an interview today Jay Gould said: al
have had no connection whatever with any
of the broken firms, and the reports that /
lost any money by the crash is absolutely
untrue"
If you haven't lost anything through the
crisis have yeu added to your modest saw
ings?" asked the reporter.
Gould smiled one of his well known sig
nificant smiles and said Il don't known as
yet"
His confidential man Monisine was pres
ent and also smiled.