The times. [volume] (Richmond, Va.) 1890-1903, 1890-11-13
WALL STREET EASIER.
BETTER FEELING PREVAILING.
AND PRICES HIGHER.
Clearing House Certificates stopped the
Panic-Two Unimportant Failures Re
ported-.Jay Gould and the Union
Pacific-General and Personal.
NEW YORK BUREAU
RICHMOND DAILY TfMEs,

NEW YORK BUREAU
RICHMOND DAILY TIMES,
November II. 1890.
Wall street showed signs Of recovery this
morning after the crisis. much better
feeling prevailed, prices were higher, and
the pressure to sell stocks not so great.
The total amount OF clearinghouse certi-
fcates issued to-day was Sl,i65 200, and
there were no more demands.
The action Of the clearinghouse had
much TO do with restoring confidence.
Bankers expressed much satisfaction over
the heroic measures of the clearinghouse
to protect weak banks which might need
assistance temporarily. The North River
Bank suspended just before the close OF the
market, but so late as to have no elect ON
prices. The failure OF two brokers was re-
ported late this afternoon. They were j. I.
Walker and Benjamin True. The failures
caused no excitement, as neither were large
operators. The failures were due to the
change in prices.
THE WHITNEY FAILURE.
The assignee OF the firm of Charles NJ.
Whitney and Co. says: The "iirm owes
about $3,000.0O0 which is all covered by
collateral at 30 per cent. margin
at the time of making the loans. We have
in addition on hand about 100000
in securities and 100000 due US in cash
which we expect to be paid in
few days, and which will be used for the
benefit of all the creditors in case of any de-
ficiency on the securities. We owe nothing
outside of this $3,000,0OO due on loans.
Whether the firm will be able TO go on will
depend on the state of the market in the
next few days and the consequent value OF
the securities pledged"
THE NORTH-RIvER BANK.
The North-Riyer Bank is State institu-
ton, with a capital of S224,00 The banks
directors are John IL. Sharn, the big steam-
boat man, and number OF other wealthy
men. Among the heavy deposlt0rs Of the
bank is Colonel Robert &. lngersoll.
GOULD AND THE UNION PACIFIC.
1t is generally believed in Wall street
that Jay Gould has obtained control OF the
Union Pacific, and that President Adams
will rethe very soon, Ii is hinted that
Could himself may become president. Rus
sell Sage said to-day that Gould had bought
a large amount of Union Pacific stock, and
he thought Gould had the control.
EFFECT OF THE TARIFF.
The bears have started another reason for
further decline in prces-the tariff. They
claim that this will unsette matters tor
several months to come. There is consider
able anxiety about the condition Of the North
American Company, which was created by
Willard TO succeed the Oregon TranscOntl-
mental Company. 1t had capital Of
$50. 900 900, with assets OF about S3O, 100000
nominally, but a large portion of its assets,
it is said, are pledged for loans, and the Sc
curity having deprecated the loans ma
tured.
THE IRISH NAIIONALISTS.
The Irish delegates are greatly pleased at
all the favorable reports Of the preparations
that are being made for their reception.
Owing to the many calls that they have re-
ceived, il has been impOss bic TO fix deli
mite date for their Southern trip. Richmond
will of course be among one OF the
first points which will be visited by them.
Mr.. +. =. O'ConnOr, before he embarked
from Liverpool, met Colonel John {. Cal
hOun in London, who strongly urged upon
him To extend his speaking tour to the
Southern states, which. he said, had never
been visited By Irish delegates, and where
the strongest sympathy with the Irish cause
prevails. Mr.. Calhoun, who will shortly
return to New York, expressed his readi-
ness TO take steps 10 secure an adequate re-
ceptOn for any Of the Irish members who
may be deputed 10 90 South. Ii is probable
now that MIR. Z. L. O'COnnor will undertake
this branch Of the work.
This evening Mr.. OBrien and one Of his
colleagues are speaking in Providence,
while Mr. Dillon and the other three ad-
dressed a large audience, composed OF the
representative people Of Jersey City, who
assembled at the Rink TO hear Ireland .
woes described tO them by men who knew
4 rtt,.s
badly be but one or TWO more meetings nj
which the entire delegation will be present.
1t is quite possible that all OF them may not
appear on the same platform together again
until Immediately previous to their depar-
ture for Ireland.
THE WEST AND SOUTH.
Mr.. J. II. Richardson, the Iowa membe r
of the Democratic National Committee.
when interviewed on the subject of the pos
sibilites OF the next Presidency, is quoted
as follows: "Ihe seat Of emphe has gone
westward, and nothing proves II so con-
clusiyely as the recent elections. The West
| and South will have complete control OF
the next Congress through Democratic
members, without counting a single Dem
ocrat east Of the Alleghanies. The party
can elect its candidates IN leJ2 by appeal
ing to the West and South. The Northwest
|
swing into line again, as the elections have
proven. The party may decide to go West
| for its Presidential candidate and South l0I
| its Vice-President."
ENDICOTr on hill.
The Hon. Joseph Chamberlain, Mrs. Cham.
berlain. and Miss Chamberlain sailed i0I
England to-day. Among those who came
to see them off was eX-Secretary William
| &. EndicOtt, of Massachusetts,, the father OF
| Mrs. Chamberlain, who has also expressed
an opinion on the Presidential canvass
When asked if Governor Hills name was
ever mentioned down his way for that po-
stion, he said "lt is mentioned with a
vigorous and big No The people
have not forgotten lSSS. Why, Gov
ernOr Hill could not win the support O
the Southern and Western Democrats.
They have little doubt about his attitude Ia
this State toward Mr.. Cleveland in 1888, and
they understand his defeat. Mr. Hill is a
clever politician. and the idea that he did
not know how New York was going in 1885
is rather prepOsterOus. lie received biz
majority and Mr. Cleveland was defeated
think it would be difficult to convince the
South and West that Governor Hill worked
for Mr.. Cleveland in New York in lSSs
The signs Of the times point to Mr.. Cleye
lands denomination"
THE PAsTEUR INSTITUTE.
DIR. Pasteur has among his patients a
Southern veterinary surgeon. The story OF
mis- bite is peculiar. lie had cut his finger
with piece Of tin, and was shortly after
wards called to extract nutshell from
the throat Of a dog. In doing SO someo th,
saliva from the animal became absorbed
into the wound in his iinger which was mol
entirely healed. The dog died three days
after having the she'll removed Of hydro
phobia. BY that time the surgeon concluded
| to attend the Pasteur Institute. Thus itI
| 1870 patients have been inoculated at th'
| institute since it's opening last February
OF these Ga were residents OF this State
and 80 of the 1870 persons were received free
Of charge.
sIGNOR sUccfs FAST.
To-day is the seventh day of Signor Girr
ami Succrs voluntary fast. lie has 80 fan
shown the people of New York how 10 live
without eating. His exhibition is yiewec
daily by "A large number OF visitors. Succ
is rather under the medium height, with q
thin face. His fast is under the supervision
OF half dozen doctors, and Il corps OF re
porters who also keep watch day and night
The longest fast heretofore has been for Il
Il. l. n