The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-06-08

on each OF these requests, az well as n tax OF
one per cent. on benucsts to his children, mud
three and I'VE par cont. 10 other relatives the
other E22,0O0 was almost made m.
Tho Consular Association OF London Ia an
organization OF foreign COnsuls In tho metrop.
oils who meet twice ear b year for the laudable
purpose OF having dinner together. Many OF
the European and Asiatic Consuls wenr gor-
geous uniforms and glitter with decorations
At these semi anuual banuuets Consul. 6 en-
eral New OF the Uritcd Statos wears a SLOUGH
hat he purchased In Indianapolis and o
Schuetzenfcst medal he won at a tournament
IN Broad Ripple. lio likewise eXpectoratos on
tho floor whom no feels like It. Nevertheless his
popularity is such that he was elected Prcsi-
don't OF the association this week. an honor
coveted by many Of his gold-braidod and deco
rated conirNres.
Renewed interest In the speculation in rupee
paper was caused this week hy special cablos
from America to tho banking firm OF T. l., On.
ponhelm & Co. which were printed In tho
Tones to tho effect that the iIou1e had taken NJ
tho amended caucus bill and W ulI rre, 1t
TO vote. To-day the excitement was In
creased by tho publication in the 7imns
this morning Of tho full text Of
the bill. and rupee paper was quoted to-
day Mt 81 4 per cent, the Highest rrlco in many
yonrs Silver Is rising rapidly, and tho rres-
ent quotation ia AZ pence. Tho indian Coun-
Gil has granted remittuncCs since April for
over 100000 laos OF rupees. and has realized
over El,250,0oO as compared with the
corresponding date last year. Leading bank
ers in London who have bsrn disposed to cast
doubts upon the passage OF any silver bill ut
Washington this session are now taking an
active interest IN the matter and are rurchas-
ing rupee paper sold By them ut con-
siderably lower prices With silver at ~ pence, u
rupee is worth about one shillin,: and slXpence.
and tho par value OF IAN per cent. rupee pa
per Ia rs Dor cent in gold. II silver should
rise In America to parity OF 10 to /. tho value
in London would be about 50 pence per ounce.
the value OF the rupee about shilling and lOH
Pence. and the par ol rupee paper would be
about 95 in gold SO that there is a prospect OF
further considerable rise shoud tho present
bill or a similar measure become law.
MT. Thayer. Minister to Holland, is in Lon
don en- a short holiday.
The appointment OF Mr.. Burgess to tho
United States Consuship at Tunstsll has not
yet been formally approved by Queen Victoria
The potteries people have not the slightest OBJ
lection to Mr.. Burgess personally, but they
think that. being engaged in tho same trade.
his official position would enable him to learn
too much OF British trade secrets.
The growing demand for copper and the
rapid disappearance OF the great stocks gath
cred during the existence OF the copper ring Is
causing u hutter among spectators. and
great boom is confidently predicted. The con-
sumption 1t Is said, Is exceeding tho supply.
the increased use OF sulphate OF copper and the
growing quantity used for electrical purposes
and cartridges having largely tended to bring
about this state OF affairs. The Iaris ring at
the time OF its collapse had 10000 tons OF cop
per. To-day 1t has only 10000 tons. and tho
price steadily advances. There are no other
known stocks, and a powerful syndicate is
trying to get these 10000 tons from the Paris
BANKERS In order to control the market 1t is
likely they will succeed.