Weekly Phoenix herald. [volume] (Phoenix, Maricopa County, Ariz. Territory [Ariz.]) 1882-1896, 1884-05-22
Pacific preferred, 31s to 4s; Trans
continental, 4 10 IL.
RAGGED MIRKET .

New YORK. May AL a. m
The stock market ragged; failure
have stopped for moment, bnt tn
air is thick with rumors of furthe
suspension. There are few VIII
know precisely where they stand
and the situation is strained
ANOTHER BANK FAILURE.
New YORK, May 14.-1he nation
al bank examiner has pronouncec
the Second National bank insolvent
A. NJ. Bogart & Co. bankers, sus.
pended. Nelson, Robinson & Co
announce all active stock carried by
them were sold yesterday, anc
people carrying them in loans neee
not be alarmed, as they will show
their books, proving the money oh.
tanned for them ]. @. Williams
broker, says he Will announce his
Suspension later in the day.
Hatch s. Foote have announced
their suspension at the Stock Ex>
change.
MUST BE COLOR BLIND.
Boston, May 1.-The Governor
has signed the bill to prevent life
insurance companies from dis rim,
mating against colored people.
GALA DAY FOR ODD FELLOWS.
SAN FRANcIsco, May 14.-The
Odd Fellows are blessed with splen-
did weather, the day being all that
could be desired, the sun shining
brightly, but not too warm. The
day having been proclaimed legal
holiday by Governor Sioneman, all
business is suspended. From al
early hour the streets were thronged
with sight seers, bent on amusement.
A large number of visitors from
neighboring towns and cities are
present. Buildings are gaily deco>
rated, and flags are floating from
houses all over the city. Two bun>
dred and ninety y-fours lodges are rep
resented. The procession will be
the most imposing ODD Fellows
demonstration ever held on this
coast.
Punc;ualiy al the appointed hour,
II :45 this morning, the procession
started on its line of march. Both
sides of the streets, windows, balco-
MES, and roofs were crowded with
spectators. Every lodge in the State
had a representative in the process
sion. 1t is estimated that 5000
people were in the parade. They
arrived at the corner Of Seventh and
NJ arket streets, when the corner
stone ceremonies were performed.
The different divisions took up
position around the point of inter-
.st. John Wright. architect, pres
ented a jeweled trowel TO Grand |
Master w. w. Morrow, with an ap- |
speech. Grand Master
dorrow's response and acceptance
# the trowel was couched in short,
but expressive, language. He said:
i shall take great pleasure in pre-
crving this splendidly jeweled ems
,lem Of toll, as a souvenir of this
occasion, and l doubt not |
hat it will always serve as a gener-
,us reminder that nothing of conse-
Iuence in this wosld can be accom-
,lished without labor" In closing,
,e continued: "Permit me TO again
hank you and wish you every suc-
ess in the work that is before you.
will Gow proceed, as best 1 may, TO
your command" At the
of the ceremonies the
,ntire body of participants proceeds
d to the pavilion where the oratloH
nd poem of the day were delivered.
Ion. John B. Harmon delivered
he oration An original poCm for
be occaslon, composed by Clarence
:. Urmy, of San Jose. was read by
V. E. Sheridan, the tragedian
The procession was an hour and
ftcen minutes IN passing given
oint.
CLOSED THEIR DOORS.
NEW YORK, May 14-The Metro,
,olitan bank suspended and their
oers are closed; George I. Seney is
resident. o. NJ Bogari & Co. as
igned to John Wheeler; preference
$4,000.
ON THE BOUND.
CHICAGO, May 15-11 a. m.-The
,arke,s opened with a strong up~
yard bound this morning and the
tarting prices were 1 at IL over the
,est figures yesterday.
Observation-Disclosures
NEW YoRK, May 15--Wall street
1 80 a. ma dispatch from Boston
eports the Suspension of F. A.
1awley & Co., a firm which all
houeh not heavy dealers, were re-
;arded in gord standing Ho.chkiss
& Burnham are balancing accounts
md expect to resume tomorrow.
1t II :45 a. m.-Comparative quiet
e1gns at the stock exchange. 1t is
more apparent every moment that
the crisis is past. The suspension
6 G 10 Rncfnr runs na11cnd