Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-05-23
kilograms to The Star.
CONVENTIONS In NEBRASKA.
MASSACHUSETTS, TARIFF REFORMERS.
DEPRESSION IN WALL STREET.
WARD, FISH AND EMO TO Be INDICTED.
A SERIOUS RAILROAD SMASH UP.
MASSACHUSETTS, TARIFF RErORMERs
DEPRESSION IN WALL STREET.
WARD, FISH AND EMO TO Be INDICTED.
A SERIOUS RAILROAD SMASH UP
EVENTS IN WALL STREET TO-DAY.
Fisk 4 Hatch Preparing to Resume.

1nA a Etatcn preparing to Resumes
NEW YORK, May 23.-Wan street, 1892 a. NIT
is stated that arrangements have been made for
taxing up the remaining loans on government
ponds made by Fisk & Hatch which have not yet
oeen nQuidated Part OF the loans secured by the
nrm have been settled by the sale OF government
ponds held as collateral The remainder have been
proL pu.onasea py L 3 Wormser In conjunction with
olner capitalists They say the bonds will not be
thrown on the market, but will be held for invest
ment Some would pass into the control OF trust
companies and other financial Institutions IL Is
understood other arrangements are In progress that
Hatch.
Elevated R. R. Negotiations Fail.
Representatives OF elevated railroad interests
met yesterday, and at the conclusion OF the confer
ence, announced that all negotiations for harmon
ling differences had fallen through.
Sellers Of Union Pacific.
Boston houses were large sellers of Union Pacific
yesterday, mainly for the long account.
Stocks Open Dull and Eeverish.
1925 q m.-Stocks opened dull and feverish.
Brokers In the loan crowd report that ra tes are
easier to-day. with every probability OF their going
souri, Pacific, 1-32; Western Union. I-32 Union Pa
enc l-S2 Louisville Nashville of l-32, fiat bid;
aaenaTsnna sscanaS Opened now u Reading, " Erie
Cause Of the Decline i'm Stocks.
1850 a. m.-The decline in Northwestern and the
market generally is said to be owing TO the absence
OF investment demand, inside support and want OF
orders The decline In coal stocks is assisted by
selling for Philadelphia and Boston account. The
only buying is by traders and smaller bears West
ern Union Is Kept comparatively steady on matched
orders The Senate post Office committee report Is
said 10 be hanging over the stock.
Another Failure i'm Richmond An
nOunced.
A special dispatch from Richmond Va states
that d. c. Blanchard, coffee merchant, has failed
Another Break In the Coal shares.
There was another break In the coal shares this
morning. Jersey Central dropped from SO to So
Delaware and Hudson from 81 TO 91 Lackawanna
from 10i7s to 1915 and Reading from 26 to Pa.
Northwest was also heavy and broke from 1907. to
W Inc general market Is weak In sympathy.
The Fisk q Hatch Syndicate.
The syndicate which took the government bonds
from Fisk Hatch Is composed OF l. d S. Worm.
ser, SCI, Lewis @ T Hoyt, j. B. Colgate and the United
states Trust company II is stated that the syndi
cate took all the hrm had. BY this operation the
banks and others having loans the bonds are re-
ton to adjust their affairs The bonds were sold
at good price. The amount is withheld
A Rally Followed by Another Break.
NEW YORK, May %, Wall street, noon-There
was rally OF = to 2H per cent In the coal shares
after one O'Clock jersey Central to 81 Lack a.
wanna to 102s, and Reading to 253s. The other
active shares rallied to per cent Near mid
day a vigorous dash was made at the coalers
LackaWanna broke to pox. Delaware and Hudson
TO 50, Jersey Central to 81 and Reading TO 24A The
whole market weakened In sympathy and Is now
high. Lackawanna this morning commanded 81 a.
y; Northwest, n; New York Central and Reading
=; Erie, new seconds, d, and the other active
shares hat to 1-l6 per cent per diem for use.
Two Weeks Suspension Of Coal MininR
Agreed Upon.
leading Official OF one of the coal companies
says: "Au the companies have agreed TO the two
weeks suspension OF mining in June. There is nc
difference OF opinion In the combination"
The Metropolitan Bank Safe.
Bank officials say that the reports ia circulation
that the Metropolitan bank is about to go into
liquidation are without foundation; that the en-
tire banking interests OF the city are behind the
Metropolitan, and the depOsttors will be paid in
full IL is further stated that the president has to
day. for the first time since his election solicited
his friends to open accounts In the bank, feeling
assured, from his examination OF its affairs that
the Institution is perfectly sound.
Indictments TO be Ask ed Against Ferdi.
nand Ward, James ID. Fish and John
G. Emo.
NEW YORK, May 23.-It is said that United States
District Attorney Elihu Root has expressed his
determination to ask the United states grand jury
which Will SIT In June next, 70 tndict Ferdinand
Ward. James ID. Fish and John c. Emo the first as
a director and the other two as presidents of
national banks for fraud and embezzlemenL
Business Failures Of the Past Week.
NEW YORK. May 28.-The business failures OF the
last seven days throughout the country, as re-
ported by telegraph to r. G. Dunn Co., number
for the United States 212, and for Canada 20. or
total OF 232 as compared with total OF 209 last
week, an increase Of % failures. The Increase is
pretty evenly distributed among the middle,
western and Pacific states but there is consider
able decrease to note In Canada and in New York
city.