| Show NEW YORK FINANCES All Quiet at Headquarters London 17 There la a rush to buy American stocks Bankers are cabling to New York offering to ship gold on security of governments govern-ments The News says the American Ame-rican treasury which is the ultimate upholder of the Ameriean reserve is well supplied with cash This ougnt to chsQk the panic All accounts ac-counts show t at BliNfons of English Eng-lish money are being tbtQWfl ito American stooks During three days inconceivably large purchases were made through brokers Capitalists Capi-talists bought great blocks of American Ame-rican stocks and innumerable small investors made lImited purchases Other securities are somewhat den pressed because so many people are anxious to realize in Older to exchange ex-change for American stocks New York 17rho morning passed quietly Confidence seems to be restored here is no trace of excitement ex-citement Affairs are progressing In a fair way towards speedy recovery recov-ery of values in tocks The advance of the morning was well maintained main-tained the movement being merely checked at in = e vals by the usual sales of snail holders to secure apr a-pr fit The bank staement makes a favorahle showing the excess above the legal requirements being over 83 CCOOOO The opinion of leading financiers is that a gradual improvement is certain there is no danger of another backward step The run on Howard Savings bank and the Dme Savings batiks here continued The managers are ready to pay dollar for dollar The run on the Brooklyn savings bank has ended Seney conveyed his Brooklyn mansion to the Metropolitan Bans today foY 5175000 and other property prop-erty for 8000 J Steelman merchant has assigned as-signed preferences 818000 Benner Pinckney I hip mr cban have assigne1 preerences 20000 Assignee Weems sfaes that the liabilities of Donntll Lawson cli Simpson are 83000000 The assets exceed the liabilities 81000 000 Philadelphia 17Hotchkiss Burnham say they have liquidated over 81OCOOOO indebtedness The firm resume soon Other firms will make statements as soon as ready Washington 17 The treasury of the United States has forwarded 88000000 legal tenders to the assistant assist-ant treasurer New York for use incase in-case of necessity Secretary Folger this afternoon received a telegram from the assistant assis-tant treasurer at New York eaying called bonds had been redeemed today to-day to the amount of 8323600 |
