Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-08-12
EASTERN NEWS.
..soc,.rEp PRESS DISPATCHES.

wall stree, saak Closes IL. Doors.
yoRx. Aug. 1.-THE Wall street
Ne" .,ased its doors this morning ov-
BanA G;r,eoularit.ss on the part OF the
ing Il will remsin closed until all
cssnis ara investigated. The Pfesi-
NATTER Thomas W. Evans and the cash
dent y p. Dickinson. The bank is
ief III az Is Broad street, and IS
sitaasos ank When the last annual
ssaIe was issued in September. 1888
ssases cnres we're: Paid up capital,
me ~. surplus, $65, 1871; undivided
R47 736. The VIce-President
pfonu', hat the clearances of the bank
stass .hrouoh the clearing house today.
VIII ~ ,;tal stock will probably be swept
Ine fnspositors will eventually be
away: ali and il is likely that so per
pa,ss :, xill be paid them by the end of
tbs .hisr's shortage is stated tn be
.caaoc1 and the bank has $4,000 In
Dso simson and j. d. Osborne, di-
~ the Wall Street Bank, Satur-
lecso n;oht and Sunday made thorough
o., .uios,ion and decided in justice to
saas,,;as not TO open the institution
~ pernino. The result of their ex
tn 's il AZ follows: Deposits,
ss1ns.oGcO: call loan. $4,000: good bu
naper, $4,000; cash, lS5.0o0,
Tne o,sbisr, j. r. Dickinson, has been
ITO osoney too freely on insufficient
'..,;ns and the estimated loss will be
sA,, s9Dfl 600. The bank was debtor
so Clearing house go, 600 this morn
~ vhich has been paid. Ii Is estlma
~. ~. ,hat the depositors will be paid IN
~ and mart of the capital stock will
remain. vuu c..
psrI says the depositors will be paid in
IN In SATURDAYS bank statement the
a. Noured for $1,540,500 loans and
&C. x5O. 400 specie. $l22, 600 legal
s.rasr. and & 81, 800 deposits.
Ths Wall Street Bank officers declare
ar snuension due to the irregularities
s1rasbisr Jno. z. Dickinson, who has
Us, haan AT his desk since Friday night.
d. sYcnse for absence Saturday being
;i,.soa Il was not charged TODAY that
Dlekinson had been guilty of ai'y worse
Irregularities than carelessnes@ IN "a.
seourity of collateral for ioaGs. S'v,r q
Wall street firms are clos~a' idrula'.i
with the bank, among them are
simson, w. 4. Chaplin d 20. aud D'ck
insoh Bros. All these dccl4rst AT they
vilI not suffer by the failure. hut tn
street 10 momentarIly expec lug ." b ar
n suspension. The bank has been RI.
carded as practically safe. Daring tue
reseut furry it asked for no acoSmno-
dation at the clearing house ana its ON
GERS frequently boosted of its strength.
II IL stated that Mr.. ID. D. Mills and
Mr.. Chas. J. Osborne have decided to
ADVANCE sufficient money to enable the
Wall street Bank to resume tomorrow.
Chas. ], Osborne, one of the directors,
rates that the loss to the bank cannot
srcssd the capital. 100000, and 1t is
no. likely to be 80 great. aud depositors
viii not have 10 submit to any delay in
getting their .morey. There is no rea-
con why 50 per cent should not be paid
at once.
The Directors OF the Wall Street bank
held long session this afternoon at the
bank building investigating the books
and accounts. President Evans said the
condition of affairs vas very confused
and it would be- very doubtful II a state
ment could be made for several days.
The Directors refuse to say anything
whatever In regard to the discoveries
made. The only disclosure thus far il
that the failure is duo to the abstraction
Of oollaterals lodged with the bank az
security for its 'caii loans"
The stock List.
NKw York. Aug. ILL.,. =. Three's,
l00H; 41's, 1l21s; Is, l2ol4; Pacific 9o's
l2; American Express 80, Canada Pa
L. IL
trail Pacific 404 Chicago. Burlington
and Quincy 62, Denver d Rio Grande
u. Erie l51<, Hannibal and st. doe
ssh, Kansas and Texas l69s, Lake
shore 1874, Louisville and Nashville
53x, Michigan Central &c, Northern
Pacific II. Northern Paoitic preferred
5OA, Northwestern 93A, New York
Central 1881. Oregon Railway and Nav
ieation 81. Oregon Transoontinental
l4A, Oregon Improvement ~, Pacific
Mail 49lS, Panama 9S, Rock Island
llS, 81. Paul 83, Texas Pacific l31s,
Union Pacific Az, United States tx
press 81. Wells Fargo l0S, Western
Union 63;s. Lackawanna ll0A.
On wall street.
Governments weak. Railroads ire
GUAR. - Othb okCbCa 0N tho
announcement of the suspension of the
Wall Street Bank there WAS a sharp
pressure TO sell for both accounts.
Prices declined kd2A. Subsequently
a rally of Ad% occurred on official re
ports that the depositors of the bank
would be paid in full, and that there
wonid be something left for the stock
holders. Later there was a renewal of
business, and MANY shares touched the
iowe.t figures of the day. After .. N.
Missouri Pacific developed strength, aud
thls was the means of turning the mar
bet for the better. In final dealings
however. weaker tone set in, and the
recovery was partially lost. The mar.
he. closed irregular. Compared with
Saturdays cosing. prices are bd2h
lover, except Missouri Pacific, Reading
and Jersey Central, which are kGlB
higher.
The Money Market.
NKw YORK, Aug. ll.--Money l(d2 per
cent, closed at per cent prime mer-
camille paper. 5iS96x; sterling OK
change, bankers bills, 4.S2A demand.
4AA.
Arrival Of the wrecked Passengers Of
the Amsterdam.
NKw YoRx, Aug. 1.-Two hundred
passengers wrecked on the steamer Am
sterdam, arrived here tals mofniua.
They say the sailors helped thrlnsslv >
- cigars and wine and did not seem o.
care for anybody.
The Creps ia Europe.
WASHINGTON, Aug. 1.-The London
ctatktical Agent OF the Dep sr.uaent at
agriculture reports today by cable that
Tue weather of the first ten days Of Au
gust was hot and forcing. and an ial
psovement IN wheat prospects is noted
" Oil Enrspean countries, with magniti.
esnf harvesting weather.
Riot at Prize Fight.
DENVER, Aug. 10.-An excursion train
WIS morning carried several hundred
people twenty miles south OF Denver, 20
- light between John p. Glow, OF
penver, and George A. Morrison, ri
Leadvills. for the championship of Col.
esado. Both men were badly used no.
A. the endof the sixth round one of the
SPECTATORS reached over ,he rope and
Huck Glow. This started general
rough and tumble fight, thirty or forty
een Participating. The sheriff had
slssrmed the crowd before leaving the
nio, which probably prevented ter
noie hight. Tue sheriff and his posse