Arizona weekly citizen., 1884-05-17
LATEST TELEGRAas.
Only Stock Gambler.

Only Stock Gamblers.
 NEW YORK, May l5.-The Sun yesier day speaking of the panic on Wall street says: "It was emphatically a panic among the stock gamblers; nothing else.
 DIDN'T SHAKE ST. LOUIS.
 ST. LOUIS, May i5.-rhe news of the financial crash in New York has had ro effect on business here.
 KEEP COOL
 NEW YORK, May l5-The Journal of Commerce says: "hecp clol: a few spectators nave come to grief and a few innocent persons have been called upon ;O sdfTer; that's about all."
 THE COUNTRY SAFE.
 PHILADELPHIA. May l5.-The Press says the country IS sound and commerce untouched.
 NO APPEEHESsIoS OF TROUBLE.
 NEW YORK, May l5.-Dispatches from all points III the South, East and North state that there is no apprehension of financial trouble.
 The Metropolitan bank posted the fol- lowing notice: Bank examiners having made an investigation, the bank will re- sume business at one o'clock"
 A. w. Dimick < Co, brokers have sus- pended. u
 The scene on the street Is one of un- wonted activity. Since early morning the brokers offices have been open and clerks have been busy getting accounts settled. Many firms kept their employ ees until midnight overhauling their &C., counts. As soon as the Exchange opened this morning affairs showed that they have been in better condition than for months past, as new margins have been called to prevent rash sacrifice of good securities. The stock market is stronger and higher. and better feeling in consequence of the resumption of the Metropolitan bank. Dispatches just re- ceived from London by leading foreign bankers, giving orders to buy both stocks and bonds at market prices, us 1t was feared that foreign orders to sell would be the chief factor in a down. ward movement today. The news ere gted great satlsfR sti1n, as 1t is consId- cred as another break in the clouds that thrvatened the financial world. The London agent of tie Associated Press this morning called upon leading Lon- don bankers with the view of learning their opinions concerning the panic. The feeling generally expressed was one of confidence, and that 1t was merely local but they were positive it wOdld cause no failures in London
 BATCH OF NEWS.
 NEW YORK, May 1j.-Dimick < Co, have failed; other suspensions have not effected the market. Dimick IS presl- dent Ot the Bankers and Merchants Telegraph Company, and the suspen- sion of hIs firm caused drop in the securities of tine Bankers and Merchants Telegraph Company.
 Henry l.. Jacques, vice-presideut, was elected president of tine Metropolitan bank in place of George J. Seney, re- signed.
 On nearly every corner knots of men l sn1 passers by assembled; the majority 1 express their opinion and take a favor | able view oi the situation and say, "the | worst is now over. The banks are all l right. Jay Gould won't let the market | break. etc"
 Wells, Fargo < Co. have notified | Donell, Lawson x Sipson that they pay | the drafts that firm have drawn by the | Utah National Bank, of Ogden, Fred J. | kie=el & O.. oi same place, and of | Anderson Bros, of Eagle Rock. Idaho.
 The manager of the clearing house l reports the clearances of the MetTopOli- | Ian bank effected.
 Receiver Davis reports the liabilities I Df Grant S Ward as far as he IS able to at Sl ,45l.5 .53l; cOllsterals held | by creditors between ten and twelve millions.
 THE SITUATION.
 NEW YORK, May 15.-COnfidence Is restored and among tinanciers lew are anxious, and 1t seems generally | accepted that the worst is over and many capitalists are beginning to dis ,uss as to whether COW Is not the time o buy for A rise. This fact relieves the ituation of its most dangerous points, namely, withholding capital from the market.
 OS THE BOUND.
 CHICAGO, May 15.-1l a.. m. - The markets opened with strong upward bound this morning and the starting prices were at over the best figures eaIerdhl.
 sUsPENDED-EEsUMISG
 NEW YORK. May 15. Wall street II 80 a. m.-A dispatch from Boston reports the suspension of F. A. Hswley S Co, firm wni;h although no; heavy iealers were regarded in good standing. aotchkiss < Burnham are balancing ac- counts and expect to resume tomorrow. At II I5 a. m.-comparative quiet reiSns 1t the Stock Exchange. 1t Is more sp- parent every moment that the crisis k past The suspension of Hawley x O.. Boston, was caused by run on the banking department of the house; 1t Is lelleved to be temporary.
 THE CRISIS OVER.
 WAsHISGToS, D. C., May 15.-Bsnk examiner Scribs, believes the crisis Is ,ast. The Secretary of the Treasury
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