The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-05-17
FINANCIAL STATUS.
No Remarkable Change In The Gotham
Trouble,
Hut Quiet and Confidence Gradually
I.esuming.
Heavy Orders for Gold from Over the
Deep.
Free Issue OF Certificates and Pay mtn's
In cold.
Russell sage's Large Psymcnts-Acilon
OF tho Treasurer.
DonnelJ, Lawson & simpsons Card aud
Pitdieament.
Better Reports from other Sources.
Better Reports from other Sources.
In Doors and Out.

NEW YORK, May 10, D.JO n. m.-Ihe street
has heen alive for fuliy halt an hour. At
this time there iseyery indioa,ion oi brisk
day. Tho Office OF Flax e Hatch 10 open
for all desiring 10 consult with the ,rm, but
no business usnsaclet beyond rsceiyisg
claims aud hxlng tho bssie OF Ee,il4ment.
Fisk said many depositors and other cred
itors expressed entire condolences aud noii-
fed them that their claims would not be
pressed
10 q. m The gong has sounded aud the
days business has begun az the etook ex.
change. There is 40 appearance OF a Hurry
on the floor, aud although the various pools
apoear larger thnn usual, the number of
offers appear cqual 10 bids. A talk with n lew
mem bers of the board brought out the fac
that they believed there will bs higher prlcsa
to-day unleVs new iaildres occur. No ons
has expressed the opinion but that this 10
probable, but IL is impossible yet to pre-
dict what the day may bring forth.
1915 n. m.-Tno clearing house commit
tee have loan certificates roady for instant
delivery, with the express DISCRIMINATION TO
use them literally with view Of relieving
without delay any y..stringency OF toe money
market. TIE Wild talk about closing the
Stock exchange is treated with rldicuIe, as
no necessity exists for such action, Hpecu.
lstion being IN no sense panicky. An old
mem Der OF the board say the dealings are
no pnrticusr reason existed ior excitement.
An officer OF the exchange states he was In
formed by Russell Sage that ho met every
"pu." sent in, but must proceed slowly.
1880 q. m.---The streets have seLted down
TO work, there Ia absence OF idle gazefs and
the vicinity 10 no longer lumbsred with
hbssee OF curiosity seekers and visitors.
The galleries were well filled, the ms rity
OF those looking on being elegantly dressed
ladies.
1l:o5 a. NH. o. Hardy & Soma an.
nouuced their suspension. Thoy sta Q that
their suspension at pre- ent is unaccOunted
for. Stocks are heavy and dtmoralized on
account OF he Hardy failure.
1l:30 4. m.-The Vanderbilt brokers say
their chief. Rasch, is in London, and they
expect TO receive heavy orders from him 20
buy. The Suspended iirIns nre ali buny
straig ightenine affairs. Golf d Randall will
not have statement before next week.
Dimick & 90. state IL Will require some time
time 10 adjust accounts. Hatch u Foote,
Bogart & Co., Holchkiss & Burnham, and
J. U. Williams cannot give anyts,ng def
mite as 10 the stete OF their aHsirs, Nelson
Robinson e. Co., expect to resuns ina short
time. -Donneli, Lawson d Simplonsre no,
disposed to ray anything.
12 m.-The first two hours Of business
which is usually the most DANGEROUS in q
season OF furry, has passed, and only one
small failure, which had no depressing in
auence. Sub-Treasuyer Acton says there
was brisk demand for legal tenders at his
Office yesterday, causing the withdrawal OF
So 600 900. Up to this hour to-day 81 0Oo,.
600 OF legal tenders have been paid out and
nearly another million in silver certificates,
the latter for payment TO savings banks.
The run on the Emigrant industrial Sav.
ings bank abatsd TO day. One hundred
and eixty.thousand--dollars we're paid out
yesterday. No run to-day on the MaDhat.
tan Savings institution. The Green wch
Savings bank run ended to-day. There
was q study run on the German Savings
bank to-day mostly women, the teller psy.
ing gold. The Second National bank is
quiet to-day. There were many depos'tors'
but few drawing out.
Washington advces state that the sub.
treasurer here reports that only SlO00O0
OF bonds were offered for redemption under
the Folger proposition to redeem IN antlci-
patton OF tho date OF the call. Excess in
the treasury Ia now $780, 675 $50, OF which
there il S14 000, 600 above the legal reserve,
therefore, here IL sufficient for another call
If necessa ary.
The cl, a ing.house banks have agreed TO
advance $40, 100000 on government bonds
II necessary 10 protect the marBrt. up TO
this hour II Is eaid So, $1,000 have been
loaned on this collateral.
At the sub-treasury large amounts OF
green backs an silver certificates are being
paid out to savings banks.
The excitement at several Brooklyn banks
has Gained down and nothing could 90
called run on sny Of the SAVINGS banks
to-day.
The Atlantic State bank Of Brooklyn Id
open to-day, but no busines was transac ed.
The bank examiner got through last even
ing and found everything all right and tue
capital of the bank unimpaired.
2:l5-The hour Of settling has passed
safely, snd no additional failures.
2:i5 p. m.-All is quiet. Orders have
been cabled by Selligman for shipment from
Europe OF l,00o, 900 francs In Napoleons
and probably 10000 pounds In
double eagles 10 bo shipped from
London. Russell Sage has just stated
to Jay Gould that he had settled more than
three-quar,ers Of his puts" and will con.
tinue settling up as fast as his 'orce can
figure accounts.
3p. m.-The speculative day has ended
peacefully and all evidences go 20 show the
period OF semi.psnic over and monetary
affairs gradually returning to their accus-
toned condition.