New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-24

lsso-November IL. February 7. 1891, 1866 900.
lsS3-June 81. November /. 1893. S41, 400 O0O

ings. which were for two days-last Friday and
| Saturday. The number Of shares cleared. both
Sides. was 1864 oo value of shares. 1886 900 900;
share balances 1913. 700; value of balances. ST 20O
900; cash balances. s76 900: sheets cleared 81.
The certifcaton of checks was reduced s64 COO 900
by the settlement Of balances instead OF the set
Element of each account separately was done
| before the establishment of the Clearing House.
! The appreciation in stock values made 1t easier
| for the brokers who were carrying large lines Of
stocks. Had there been depreciation they
would have been called upon for additional col
lateral for their loans. In short. there was no
development during the day outside Of the fall
ures which did not tend to help along the i'm
provement in affairs.
A VIOLENT ATTEMPT AT MURDER.
An incident of the day which created a good
deal of excitement attempt at murder
| within four doors OF the main entrance to the
| Stock Exchange Louis A. Davis, coored boot
| black was sitting on his box in front Of No 26
Broad-st at / O'Clock in the afternoon when
Frank Poynton a clerk for Kerr & Co.. at the
same number. came out of the building and with
out warning drew revolver and fired at Davis.
The bootblack not hit, but he was nightly
scared. He sprang up from his box and darted
down the street. Poynton fired two more shots at
| him. but neither took effect. BY this time Po-
liceman Eugene A Casey had hold Of Poynton.
He took the revolver away from Poynton and
conducted him to the Old Slip Station. Poynton
trembled violently and chung TO Casey though
the policeman were his protector. Davis was so
frightened that 1t was with difficulty he could
be induced to go to the police station and make
complaint against Poynton. The prisoner.
who gave his age as twenty-one and his residence
as No 364 Lenox-ave. said that Davis had been
annoying him for year or more. This Davis
denied. Poynton arraigned before MaG.s-
| trate Deuel. in the Centre Street Police Court
a charge of felonious assault He was held
for examination on December q in 81 900 bail. c.
Il Karr ma ~ hic emnlOyqrc became
him. 1t was believed that Poynton's head had
been turned by the excitement of the last few
days in Wa-st
The bootblack Davis is ono of the best known
| characters in Wall Street. For some reason he
has always been called Julius" He has BACKED
shoes in the Street for eighteen years He Is
thirty years DID, coal black and a strapping
fellow. nearly six feet tall. He sings In negro
choirs and at negro concerts and Is cake
chap. and has something of reputation as a
catcher of runaway horses in the Street
FIRMS THAT WENT UNDER.
| James Walsh & Son were money changers
and bullion dealers. The head Of the firm had
been member of the Consolidated Stock Ex-
change since December Is. 1884, and at one time
dealt rather extensively in Brooklyn real estate.
| The firm named Louis James Phelps, a lawyer OF
No. 80 Liberty-st.. as its assignee and gave
| preference to Caroline Walsh for 5000. the
| liza bities were estimated at $4,000 The cause
of the suspension was poor business:
The firm of H. L. Langhaar d Co. was COM
| posed of Henry l.. Langhaar and William 8
| Lounsbery. 1t was organized January II. 1893,
| on which day Mr.. Langhaar Joined the Stock
! Exchange to succeed to the business of Bisland
| & Holt. The of the failure was demand
| for the repayment of a loan. 1t was said that
| the loan was for s.. 900 and was made by Buckley,
| Keech & Wood, brokers. of No 40 Wall Street.
| Mr. Langhaar who formerly cashier for
John Bloodgood e. Co.. in the Mills Building,
| said the liabilities were about 100000. An as
| sgnment without preferences was made to
| O. D
| Secretary George W. Ely. Of the Stock EX-
change sent out notice that the Committee on
| Unlisted Securities and the Committee on Clear
| ing House had granted authority for ringing
| out" contracts in Atchison new bonds and pre-
ferred stock when issued" This will release
| 81 900 900 or mora In money, which has been tled
| up by these contracts.
1t has been customary in former years to close
| the Assay Office at noon the day before Christ
mas, in order to enable employees to prepare
| for the holidays. but the office will be kept open
to-day, that if gold bars are desired for
shipment tomorrow they may be obtained.
TO STAND BACK TO BACK.
President Frederick d. Happen, of the Gal
latin National Bank. and chairman of the Clear
| ing House Loan Committee said THE associated
banks by their action to-day informed their
customers, the big corporations well as
the little fellows. that they have a power be-
hind them. The banks will stand together, and
no solvent firm company will be allowed to
fail through the temporary strain in the financial
| world 1t is not believed that any bank needs
| to take out loan certificates now. What has
| been done simply precautionary meas
ure, but. OF course, Ii could not be told. If the
| present stringency continued, how 1t might
be before loan certificates would be required
| ]. Perpont Morgan said: II do not know yet
! Of any preparations for a Government bond is
sue.
THE RUSH FOR INVESTMENT BARGAINS.
| George Rutedge Gibson said: This has been
day Of rally and settlement-and Wall Street
| 1iyo and he
auction block on Friday and Saturday, but the
sale was not fully advertised and a good many
buyers did not get in until this morning. In the
last two days of the week all consideration of
values sthrown to the winds; 1t was merely
a question of individual necessities or fright.
| Investors think more slowly than SPECTATORS,
and the latter are more eXcitable and more
| necesstous in their position. This morning the
| usual shoppers for investment bargains appeared
in all Wall Street offices. and have not seen so
many in our own Office since the Barring panic of
| 1890. The fact that the panic in the American de-
partment of the London Stock Exchange had
| been not only arrested. but that definite i'm
provement was noted in its quotations this morn
ing gave courage to these investors to believe as
we do, that the backbone Of the panic has been
broken. The purely speculative fraternity which
| always sell at times of excitement and distrust.
and that wait for sigIs Of turn before COW
ering the last of their shorts. were led to cover
this morning when they saw that London selling
had exhausted itself.
THE brokers are to be felicitated their honor.
prOmptneSS and sOlVency IN trying time Ike
! this and the banks which furnish the facilities
and snews of action to Wall street are to be con-
graduated on their wise and friendly course in
observing intact theii usual methods OF treat
ing stock brokers' There are few men in the
banking business mentally too timid to meet emer-
gencies but the men who reilly control the
destinies Of business in this region are withop'
superiors in the entire financial world in resolu-
ton, Judgment and GOODNESS. In both banking
and brokerage houses during the crisis courage
has risen to meet danger and oppose it with
strength and success.
"GOld shipments will be made this week and
talk concerning them may be a more dominant
influence tomorrow than to-day. Things are
! In state of fiux. and no man can say just
what will emerge. | think that unrest will
continue for few DAYS. the market will be
/ Inf lnr.or icng u