The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1901-05-17
CALM SUCCEEDS STORM.
Wall Street Gathering Up the Fraz-
zled Ends of Thursdays
Cataclasm.
FEVER HAS NOT ENTIRELY suBslOeo.
m. mnt Ia settle with N"rsn'
-. Pacific shorts Largely Eii"i'
mated IA q" p""~
and II 4. Believed that the ""'
A. Now over

eGn
mated the Element Of p""ss'
-. a. relieved that the Wors'
A. Now over
Now York. MAY 1.-THE calm tha'
n,.o.ods HE storm peryadcd Naii
street. Friday. The settlement WIN
Northern Pacific shorts largely eh'nf
mated the clement of danger that os
mysterious process created the a'''"
of Thursday. and the statement M"
Tho stock clearances Of Thursday a
been made without the dlshohoriliS
of n single check seemed to lay 'ns
.orncr stone OF a new fabric OF IA
dence. h market opened in a rain
or feyerish and unsettled state aho
there was a rather sharp decline Az
nrominent stocks. but later the mar
let s,eadied down and prices reco'-
.rea their earliest losses and began
TO adyarce. There was keen in'eres'
manifested in the final result OF ms
contest for supremacy IN Nor'hei"
Pacific. The leading contestants re-
main silent. ana conservative OPINION
prcfers to wait until there has been q
count.
wouian.t Discus the situation.
Kuhn Loeb & Co., declined to DIS
GUS The situation. and J. T. Morgan
a Co, showed a similar disincllha-
ton TO take the public into Its conn
dence. There is a growth in the De-
lief that the latter house has sue
ceeded in retaining the control ana
somevhar of a revulsion in the senti-
mental (, cling that swept II man
cial district Thursday. Both houses
were engaged in their settlements
wi.b IN. shorts. and all through the
morning representatives OF the latter
streamed in 10 arrange the recAoh-
inc II was work that lacked in cheer.
Rain fell in drcnching sheets ana
BROAD and Wall streets were TOAD
stool gardens of umbrellas
Exhausted Worn out Men.
The impression that an
observer got in the street was o. eN
bausted. and wornont men. me ma
ehinery Of finance is human, after all
and friction tells upon il. There was
4 pcriod o. tremendous activity that
tested the strength Of the strongest
and then two days of effort that was
uupreme that left its victims physi-
callv drawn and mentally dull. &
is no longer room for doubt that the
storm has been weathered.
hanks and larger financial interests
are al work in rebuilding confidence
and stand ready to further protect
the market.
Io~~es Were s~tupendous
The icsses Thursday were stupenu-
Gus. one commercial paper places
no losses in the huckctshops through
ON the country. Thursday. at SSo,oou,-
900. and il the figure is anything Ike
cor.ect il covers 4 profound impress
si,n Of the shrinkage in the leglti-
mate places. Naturally the greater
mart 81 these were losses on paper
hut they were all sufficiently tangl
bIc TO be counted by owners, an,
could az one time have been reailzeo
upon in cash.
otter | n short story.
The other side Of the story IS short
b,,, II i full of tales OF Yankee en-
,hantment. The men who had htu'
dribs and drabs of Northern facihc
md claimed fortunes on them, ar
generally the heroes OF these taies
Then there we're the few men WI
were Wise enough TO profit oy IN
sl,,mp Of Thursday and got the 81
por,upitv to do SO. Everywhere
The street they are holding postmol
TENS. Scme of these inquiries sho'
that there are men whom a quick r
eoyery of the market alone viii saw
from ultimate bankruptcy
Two pays Breathing spell
The holiday. Saturday. and the fa'
fhft SUNDAY follows will, IT Is fei
have 4 tendency to further steady u
market. The managers OF the GO
splidated exchange have also DECIDE
70 suspended operations Saturday.
There will be a great deal OF Q
cleaning over Sunday. some smi
blocks of stock were sold under y
hammer on the consolidated g
lAfillAtA ~
change 10 meet the obligations of Z
concerns which went under Thur
day.
Record Breaker.
Thursdays tremendous business
the stock exchange was reflected
the days exchange of bank chec
which aggregated S59s.537.41o. a
which broke The record Of S562:sl1,:
made on Tuesday last. The baian'
were $23.s7J,116, the second iarg'
on record, and comparing with
record of s2f. 1-0,33s on March 5.
Ti,nlIy stabbed by jealous uus'S'
ianville, ILL.,. May ii.-When "
lam K'css went home last evening
found his wife talking TO Ed kinzie
ror,,.r olmirar kless drew "A kp