The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-05-22


have lost the large sums CHARGED up to his
failure. He believes s.. 600 COZ would cover
the legal loses Of the firm and hints direct
ly at some very tcsndalnus developments,
which will result In rigid investigation OF
what Ward has done with the money.
In Doors and Out.
New YoBK May. 10. 9.3oa. m.-The street
has been alive for fully half Nh hour. A,
this time there 10 every Indication OF brisk
day. The Office Of Fisk & Hatch Is open
for all desiring TO consult with the 6rm, but
no bu,insss transacted beyond receivisg
claims ard fixing the basis OF setil ment
Fisk said many depositors aud other cred
itors expressed entire Confidence and poii-
fed them that their claims would not be
pressed
10 y. m The gong has aounded and the
days business hes begun az the Stock tx.
chnGge. There is no appearance OF furry
on the Il or, and although the various pools
eooesr larger thsn ususl, tho number Of
offers appeal equal 10 bids. A ta'k with few
mt m beers of the board brought out the fact
that they believed there will be higher prices
to-day unless new failures occur. No one
has expres s.d the opinion but that this Is
probable, but II is impossible yet to pre-
dict what the day may br ng forth.
1915 q. m.-The clearing house commit
tee have loan certificates ready for instan.
delivery, with the express determination to
use them literally with view Of relieving
without delay auy 'stringency OF the money
market, TIE wild talk about closing the
Stock exchange il treated with ridicuie, as
no necessity exists for such action, specu-
lation being in no sense panicky. An old
member of the board aay 10 the dealings are
lees Glrried than on many occasions, when
no particular reason existed for excitement.
A Al m. 81 q kxA ooh am h.. L.,
formed by Russell Sage that he met every
"put" sent in, but must proceed slo Wy.
1880 o. m.-Tbe streets h we settled down
to work, there 10 absence OF idle gazeIs and
the vicinity IA no longer numbered with
masses OF curiosity seekers and visitors.
The galleries were we'll filled, the maj rlsy
OF thoss looking on being elegantly dressed
lies .. NH. O. Hardy & Sons an.
their suspension at present is unaccounted
for. Stocks are heavy and demoralized on
account OF the Hardy failure.
1880 q. NJ Toe Vanderbilt brokers say
their chief, Recch, is in London, aud they
expect to recsiye heavy orders from MIN 10
buy. The SUSPENDED firms are all busy
stra' ghtening affairs. Golf & Randall Il
not have Statement halore next week
Dimick & 20. state y will require some time
Bogart & Co., Ho'obkiss q Burnham, and
J. q. Williams canuot give anything def
mite as to the state Of their affairs. Nelson
Robinson & Co., expect to resume in short
time. Donnell, Lawson & Simpson are not
disposed to say anything.
m.-The first two hours of business,
which is usually the most DANGEROUS in a
small failure, which had no depressing IN
fluence. Sub Treasurer Acton says Ii ere
was brisk demand for legal tenders his
Office yesterday, causing the wlthdra al of
So COO, 900. Up to this hour to-day 81 co.,.
600 OF legal tenders have been paid out aud
nearly another million in silver certificates,
the latter for payment to savings banks.
The run on the Emigrant Industrial Saw
ings bank abated to day. One hundred
yesterday. Norun today on the Manhat.
ian Savings institution. The Green wich
Savings bank run ended to-day. There
was study run on the German Savings
bank to-day, mostly women, the teller pay.
ing gold. The Second National bank is
quiet to-day. There were many depostors,
but few drawing out.
Washington advices state that the cub
treasurer here reports that only $l09.0Co
the Folger proposition to redeem In antici-
patton Of the date Of the call. Excess in
the treasury is now Sl5O67 $50, OF which
there is GA ,000. 600 above the legal reserve,
therefore, there IL sufficient for another cali
II necessary.
The clearinghouse banks have agreed to
advance $40 600, 900 on government bonds
II necessary to protect the market. Up to
this hour 1t 10 said $2,5O0000 have been
loaned on this collateral.
At the sub-treasury large amounts of
greenbacks and silver certificates are being
psid out to savings banks.
The excitement ct several Brooklyn banks
has calmed down and nothing could on
called 0 run on any Of the savings banks
The Atlantic State bank Of Brooklyn is
open to-day. but no bushes was trsnsac ed,
ing and found everything all right and the
capital of the bank unimpaired.
2:l6-The hour of settling has passed
safely. and no additional failures.
2:46 p. Mall is quiet. Orders have
been cabled BY 6elligman for shipment from
Europe Of l,000,CCo francs in Nspoleons
and probably 100000 pounds In
double eagles 70 b.. be shipped ped from
to O jaw Gould that he had settled more than
three-quarters Of his ''puts," and will DON.
tinue settling. up as fast as his orce can
figure accounts.
SD. m.-Ths speculative day has ended
peacefully and al evidences go to show the
period Of semi.panio over and monetary
affairs Gradually returning to their acous-
toned condition.
A Gard from Donneli, Lawson 3 Simpson.
Nsw YoRK, May 18.-Donnell, Lawson q
Simpson have handed this card to the As.
ISOLATED Press: ITO our creditors.--It 10
With prAat sorrow we are compelled to re-
port our suspension, which has been
brought about BY combination Of circHm.
stances over which We mad no control. We
can only request those having
claims agoiust as to extend such
and indulgence 40 pos
lible, o. otherwise our assets may b.
to the prejudice Of ali parties. A.
The best meaps OF resliz' ng from our a'sets
and securing our creditors, We have made
m assignment all sssets Of tue firm and
Individual assets Of each member of the
Hrm, wherever situated, to our confidential
clerk, Il h. Weems. VINO has been 10 nur
Bmploy for twelve years, and 10 - well