New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-17
oI-1Er RESTORED IN WALL STREET

rrArs OF THE CRoAKEKs NOT REALIZED-FEATUREs
OF THE STOCK MARKET.
Wall Street nearly resumed its ordinary business
sppearance yesterday. Occasionally persons
stopped to gaze at the signs of the suspended firms
or to read the notices posted on the door. The
great crowds of ders attracted by simple curiosity
were absent New-st. was somewhat crowded in the
early part of the day, but long -ae close of
business at the Stock Exchange brokers' clerks and
"put and call brokers' usual, had 1t largely 10
themselves Perhaps the tearing down OF the
Mortimer Building at Wall and New sts., may have
discouraged riOsity-seekers for 1t soon proved
10 be am ntolerable anoyafce to the most hardened
frequenters of Wall Street
At the Stock Exchange there was much less ex-
citement than on Thursday. The market opened
lower perhaps in tear that the suspension OF Fisk
4 Hatch, which had been announo ed late on the
previous day, might have disastrous consequences
Some OF the brokers seemed to have supersttious
dread of the day and they whispered illusions to
Black Friday. Stock brokers superstitious as
sailors and one large operator Is careful every
morning how he gets out of bed. All these fears
were vague and Idle. Prices advanced at once, and
in a short time they high generally as at the
close on Thursday. No unfavorable effect was pro
duced by the early announcement OF the failure OF
H. c. Hardy 81 Sons. The market was disturbed IN
The FIRST bour. however by the announcement that
the Newark savings InSllutiuh H'iu p0VH NAO'NN ~
order of the Chancellor OF NewJeIsey. 1t was DIS
turbed still more about nOon by rumOTs that the
failure of the bank was due to that OF FISK N
Hatch and that in some way the firm had mIsap-
proprated securities belonging to the bank.
THE DECLINE IN LAKE SHORE.
The feature Of the day at the Stock Exchange
however, was the abrupt decline OF Lake Shore
which had advanced l y per cent from S9i2 TO 81,
At the same time New-YoTk Central, which had
risen from l09 at the opening to ll0os quickly fell
to lO712. Ii was rumOrcd at once that one or two
Vanderbilt brokers were in serious trouble and that
TO save themselves they had been forced TO sell the
stocks. The decline opportunity for the
"bears," and at least one of them bought large
amounts at :he lower prices
The market began to improve about o'clock, and,
although the fluctuations were frequent and wide, it
advanced TO the close The variations the price of
Lake Shore were specially yerratic The stock tnmbled
about in a remarkable way. falling one and two
Der cent one minute and rising still more the ne1 t.
But in spite of rumOrs and feverish fluctuations the
upward movement was continued to the end. The
early losses were covered, and still prices adj
yanced until at the close they were from to pei
cent above the final prices of Thursday. The last
figures IN many were the bestior the day, and
rarely were more than a small fraction below them
FLUCTUATIONS IN STOCKS.
Lake Shore was the only exception among the
Nctve stocks in 'closing lower than on the preced
ing day. In the late movement II touched 90, but