Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-05-18

she Fs"fe Apparently Checked. asa
sua'rs ketarniax 90 Their Nersnai
Csadisaen.
REVIEW OF TIE DAT.

1ASo chaogS fSr the better in IN
wiper OF sh4rs speculation today. an,
purchases for iLves.Tnenf and sprculs
i've account were on Iarp- se.Is
honry WAS decidedly easisr. and aft
,snins At per ceut. pr diem, d.
el'Aed TO 10 Per cent per annurp. A
Ihs c.oe hanks were much more hb4ra
% Dorfo~ers. Tie total isSne of Clear
ing H"uSe certificates is $I7.OOO OOO. O.
which $3.50 coo we're taken by b.pk
curing the day. Inc features OF ,h,
MARKET wss heavy bayinq for foreign
accounts also the activity OF the rnlset
% - Treasury IN transfer ng $500.
vo IN legal tenders 20 tAIs paint. stock,
opened II an advance of = to 81; Iii,
latter beng Central Pacific. xaIsn ro,,
u f571 Aoont ii sharp attack va,
made On cash snsTes, c de TO tie repor
That the ceal coEDbiualIor bad been dis
iupted. Jersey Central broke >. Read
iug ~, and Lsrkawanna T. The gen
era ii,t fell OF I TO 3. Western Unior
aiS'nt tbs time D~eaI1e strong, rose q
s5l4 and Iuraed the market upward. In
tte afternoon Louisville and Nasayiil.
and Missouri Pacific were weak; sot tn.
transfer of legal tenders to tins CIT,
ton b-came buo ant and large block.
changed hands Compared With last
night Central Pacific Is per cent. high
er. canada Southern aud New York
central Northern Pacific preferred
Rhode Island ~. Delaware aud Hud-
s9n aud Denver ard Rio Grande, Lake
shore, Erie and Onana IL, Missouri
Pacific and Oregon TrauscontInental
q, New York Central 20, Northern
Pacific preferred ~. Pacinc Mali 81
Western Union 215, and the remainder
OF the active list 10 per cent. Louis
VILE and Nashville aad Reading. now
ever, were each pr cent. lower. ct.
Louis and San Francisco declined 2L
to ~. and first preferred ) to 80. Gov.
efnhIents were unusually active this af
ternoou, and dealers reported good or
der5 from out of town. Prominent in
stitutions were buying, and transsc-
tlons were even up into the millions
= we're especial features, and adyanc- d
| ~ 10 Iz3. AS alss ross Sharply TO
ll3ss. and 3's to l001S bid. There was
tsush better feeling in railway bonds,
and some sharp advances vers made.
ne improvements ranged 10 Z.
Stocks opened a. An advances of to
81 per cent. Central Pacific was the
feature. 1t reached 465S: Western
Union rose to SCI and Union Pacific q.
The morning passed quietly, and con-
1dence seems TO be restored. There is
no trace of the excitement. Affairs are
Progressing Ia fair way towards "A
ine advance of the morning WAS well
N nj q he H.. -.
checked At intervals by sales Of small
holders T.. secure profit. The bank
statement Is favorable, showing an ex-
less above legal requirements of over
! rec millions. The opinions of leading
1naneiers is that a gradual improve
men. IL certain. There Is no danger of
another backward step.
Run ON SAVINGS BANKS.
The ran on tho Howard Savings and
Dime Saviags Banks here continues.
Ine managers are ready to pay dollar
Tor dollar.
The general market is strong, money
which opened at 6 per cent per anaum
Is now 10 per cent per anuum.
The run ON the Brooklyn savings Bank
q ended.
NEW York. May lG From the World
)f Saturday: "kabie Brothers of Al
Pine street state that client Of theirs
had obtained from o. NJ. Bogart d Co.
4 loan for which he bad given as oplist-
-ral 5000 worth of Missouri facific,
100 shares Union Pacific. % shares OF
u ioAgo L Ai,on and a block of 4 and
81 pr cent cover iment bonds. the
niarbet value of I'll Of which amou nted
prob ,bly to $S5 900. After the failure
he lesfnsd that the securities hIT been
disposed of. The Missouri Pacific WIS
traced tn Salvin 4 VaudeThart, WAC he'd
~ rchased from person to WHOM b.
Ssrt & Co had loaned it rs collateral for
4 loan. Ga The return of the loan being
temanded. Bogart 4 Co. ordered 1t sald
Tor their account. The government
binds we're traced 10 tho Central Trust
Company, Bogart i co. having pledged
hem for loan Of S55 .0On. their client
had only obtained $4,000 for them In
he first place. Tire Union Paoitic has
been traced to the Greenwich Bank, and
{ was believed tn 4 the Chicago Alton
VAS held by the Uniun Bank of Dover.
Y. :. Suits will be brought To ebjain
~ ins buttons from selling securities or
'ee-iving the process ds of sales II any
lave been made"
JAZZ GOULD HAPPr.
Jaw Gould was seen and wes apps
entity happy. He smiled vaguely when
be rumors o, his embarrassment Were
float There's no truth in IT," he
aid ain every crisis like this the
run of humanity lose their
heads and concoct a story II this kind
rhere 10 no cause for alarm.
FURRY IN OIL.
The action of the banks in declining
oans, excepting on governments,
,aused snme excitement yesterday at
he Ou Exchange, which at tue time
rerged on a panic. Thursday, right
.fter the decline of 3 cents. oil certin-
,ates closed at 7SSle. per barrel. Yes
erdsy the opening price was 64c. at
New York and 10. at the National Fx
,hanse. At noon the price declined 10
sc. After this there Was recovery 10
,slso.. and the market closed at i1td Is,.
The excitement WAS 80 great that Wee
President &. @ Wilson, of the National
addressed tie members ard
n-vsd item Ia be cautions and conser-
yat,vr in their dealings At this, II
was reported that the panic was avert
al. thrsnyh the action of tie American
.oan and Trus. fDmpany In making
Ioans on pipeline certificates Al the
New York Exchange tue principal ~
Ii,.f was afforded by the Standard Uhi
c1npauy, Millions OF barrels would
nave bs.en thrown on the market bot
fnr the action of the company in TAX
mo up. Secretary Freeraan, Of the
.omuany, said that tie company had
Ina ned $l.0oO.0oo on Thursday ~ oil
brokers. and more than that yesterday.
cosvKrIxo HIS PaoPxzrs.
sauey canve, ed hts Brooklyn mansion
In toe Mes,oroiissn Bank today for
$i.5, eco and aihrs property for sso,uo.
uorcakrss HSsSHAM.
Ha,chkiSs & Buruham say thFt they
nave l,onid It'd over xI,oO.On OF The
ind ~b,e<in.ss e the firm. and will soon
resume. Other firms Will make state
.napts as soon as they are ready.
Bluusf a Finkey. merchants, have as
s;cued preferences $500.
poxxxII, LAWSON q SIMPSON.
The assignee, weems. sites that the
,,ahiIisles of DonneIl, Lsvsou d Simp
= -, are A. cocoon. The sssets exceed
The liabilities By 100000.
rAILuHx OF MxscASrILs rfEx.
NV Yoax. May lT.-McCusiock,
:. - ...araha1tA an&f1Qe~f tQ