Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-06-22
EASTERN NEWS.
ASSOCIATED pREss p..P.1r,,xs


Garrisenss Assets.
NEW YORK, jane 2I.-NelyiIls q na,
'eeA ADVISER or Garrison. SAYS: TN,
advice which caused him In snsnen1
was gwen oy me, and l am famiiiaI
VITO MS an.irs and With their conse
9nent events. He could not weather II
his securities were unavailable, aud e
noio out would result in complet.
wreck 70 the detriment OF creditor
ana everybody else. The statement o.
nus having applied to Vanderbilt and r.
". ". Miils to assist him IL untrue
lie existence OF suits had nc. hing di
rectly or indirectly to do with his "a
sienment. The Assets and liabilities
depend on time aud negotiations. Tn,
assignee may be able to sell certain "a
curltiss while they are intrinsic ,Ily
valuable; they may have a fixed mar
kst value. | presume man with
ability aud financial connection such
as 4. u. Terry, tire assignee. may b.
able TO make negotiations which NAV
result IN obtaining somsthiug approxi-
mating the real value of securities
Wall street Unsettled.
NEW YORK, June 2l.-Vagne rumars
noated about Wall street today. bat nc
one could be traced to an authentic
source. No failures were announced on
the Stock Exchange no to a late hour
THIS afternoon, and a rather better feel
ing seemed TO prevail. The squeeze in
Missouri Pacific and Lackawanna is
engineered, il IL said, by 5. II. White,
AM Is the principal topic of CONVERSE
ton.
The opinion OF business men on the
street generally Is that after Garrison
has settled his affairs he will still have a
very large fortune.
Stocks this afternoon were weak and
depressed on rumors that leading rail
way capitalists of the Central Pacific
road, and some of the SIN all Southwest
ern companies, we're in trouble. Cen
trail Pacific dropped to 35S<. Union Pa
CHIC 34sZ, Pacific Nail to 35Iz In final
dealings steadier tone prevailed, and
prices rallied TO II.
report, as yet entirely uneonfirmed,
WAS clrculsted on Wall street this after
noon that Coils z. Huntington, of Cen
trail Pacific Railroad fame, had failed.
Senator Van Wyck's attack on tue Pa
oiflc stocks, and the marked de3lins in
Central Pacific stock during later hours
OF the session, may have started the
story, but the other stocks in which
Huntington is reported 10 be Interested
held ap well. FrieLds Of Huntington
declared positively that there was no
truth in the story of his being smDar-
rassed.
Lster.-Huntington himself has Just
been seen by a reporter, and he denies
emphatically that he has failed.
Governments were weak on speoula.
tive holdings. aud railways were lower,
especially Union Pacific issues. Sink
ing fund broke to 100; tirsts, to l08.
The Stock Exchange today was the
scene of great excitement, fluctuations
being frequent and violent. At the
opening the market was lower, and
prices fell of to per cent. for the
general list and 1ss to 81 for Pacific
Mail and Michigan Central. The de-
cline WAS due to reports that leading
clothing concern was in trouble, but
this was subsequently, denied. At about
10:l5 it became known that large
amount of Lsckawauns had been called
in. Be lrs Immediately started to cover,
which resulted in large advances. Lack
awanna aud Missouri Pacific were great
features in speculation, the former ris-
ing 81 per cent. to l05. and the latter
81 to 100. Cash stock is worth n to l
per cent. more than regular, and
Ia per cent. was paid for the use of
Laokawanna. Other active shares also
commanded premium for use, and the
general list rose l TO per cent. The
advance brought about realizations.
and Missouri Pacific fell of to 9Ils,
Laokawanns to l02Ii, and the remain
"A aP M "A m ~ Lat 4. m ma
When the bank statement was published
fresh buying movement SGT in, and
prices rallied to / n per cent. outside
Of Missouri Pacific and Lsckawanna,
which rose / e and 5l4 respectively.
Late in the afternoon. bears started the
story that @. z. Huntington and some
of his corporations hsd failed or we're
embarrassed, and money was bid up
rapidly to 1872 per cent. per dem. Sim
ultaneously drives we're made against
nearly all the leading stocks, and prices
were forced down to II per cent. in
the general list and 8 to 8 per cent. in
Lackawauna aud MISS uri Pacific. Cen
trail Pacific fell OF ~ to 351S. In the
last fifteen minu.es there was general
recovery of "a to 2 per cent. Tho result
of the fluctuations of the day was to
ltdN0 bGQ LuafhOt ittVkdA9ttY Su6ukOA
as compared with last night, though a
majsriGy were lower, viz; Canada South
ern, Chic ago i Alton aud Central Pa
ohio 20 per cent, Erie preferred u.
Illinois Central Is. Lake Shore ~,
preferred IL, st. Paul Ia. Other de-
elines we're fractional. Tue principal
advances were Lackawanna 3Js por
A4...x.n, r.sHa IL nr..a.,
igation "a, Hook Island u. Other adj
vances were fractional.
A Family Affair.
NEw YORK, June 2l.-Wm. Q. Rhine
lander, who ON Thursday shot John
Drake, y lawyer. was arraigned today.
Drake was unable tn leave / is bed. De-
teotives say Rhinelander admitted his
guilt; Rhinelander. however, denied
that he Acknowledged anything, and
said he was not going to conviot him
self in this affair. He told a reporter
this evening that be was married to
Miss Mary McGuiufss in 1876, and had
two children. Immediately after the
marriage Drake began Co usA every ef-
fort in his power TO bring about n separ-
ation, following them TO Canada. where
they were residing, and threatening
Rhinelandsr with incarceration IN a
lunstic asylum il he did net give up his
wife. Drake succeeded in making Mrs.
II. Jealous, and quarrel between has
band and wife followed. When he
married his wife he forfeited $4,000
New xsrk cay wal xatiFy.
NEW YoRK, June - This committee
appointed by the Republican County
Committee tn make arrangements for a
monster Blaine aud Logan ratification
mass meeting. have decided 10 hold =
meeting two weeks hence. The speakers
will be Senator Hawley, Secretary Lin
coin. Governor Oglesoy. Secretary FIRE.
linghuysen and Secretary Teller.
shrcwd Mermens.
SALT LAKE, June 2l.-rhe passage of
the House Bill in the Senate has set the
brethren to Matching schemes 10 thwart
il in case it becomes law. To that
end il il announced today that large
lots Of the church property and perpet-
ual immigration society assets are being
transferred TO private hands
Democratic Presidential Preferences.
SEpArIA. Mo-, June 2i.-The Demsoeraf
of this city will tomorrow publish let
-