The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-09-14

lowest up to Z p. IN. was 81, ana Uht
mean SO, with a light frost and colo
Cloudless weather in the morning, followed
by southeast winds and slowly rising TEN
perature and falling barometer.
Last year on Sept. 13, the highest tenn
perature was 81 Q, the lowest 81 >, and the
mean Il : ; and two years ago the CORE
spending temperatures were So, w.
and 73o.
FRED L. JOHNSON. Observer
WAR DEPARTMENT. WASHINGTON. ID. C.,
Sept 13, Sp. m.-The signal office furnishes
The following bulletins
REPORTS show the advance from the
northwest over Dakota, Nebraska, Iowa,
Kansas. northern Texas, Missouri ana
northern Illinois of a severe cold wave
which has produced unprecedently low
temperatures and unusually early lrosts
throughout these sections.
Following are some minimum Uenl-
Deratures of tins morning with relation TO
the lowest before recorded during the sec
Ond decade of September, viz:
ConcOrdia, "a degrees, degrees below;
Wichita. 80 degrees, 3degrees below; Daven-
port, 9s degrees, degree below; Keokuk,
36 degrees, 3 degrees below; Chicago, =
degrees. degrees below: Sprin ngtield. Ill,
20 QtgTetS, = ueHlttS DtlON. DpliliSiiCiN'i
Mo, 40 degrees 3 degrees below.
Killing frosts were reported this morn
sing from central and northwestern Iowa,
TWO weeks earlier; from Denver, three
weeks earlier, and from northern Nebraska
three days earlier than there is any prevl-
Gus record Of
Light frosts were reported from Dubuque,
Davenport, Springfield, H., Kansas City,
Wichita. Concordia, North Platt, Omaha,
L Arolapf inc
sioux City and Des Moines
Frost warnings were sent yesterday TO
northwestern Iowa and Dakota, and this
lnOrning were issued for the cranberry and
tobacco districts of Wisconsin and the to-
bacco districts of Missouri western Ken
lucky and northwestern Tennessee.
New YORK, Sept. l3-Secretary Win
dom arrived at the sub-treasury at 1l:2O
today and notices were at once sent out TO
q number Of the bankers to attend con
ference and exchange views with him.
Among the first were Jas B. Colgate, Pres
ident Knox, of the Republic; President
Coe, OF the American Exchange, President
Nermilyea. of the United National bank.
President Perkins. of the Importers and
Traders bank, President Simons, of the
Fourth National, President Cannon, of
The Chase National, President Barker and
e
A. A. Selegman and others equally prom
inent.
The conference was i'm session for nearly
two hours and at its close Mr.. Window
stated that he had not decided vet what
action he would take, but that he would de
vote the day to the consideration Of the
subject and announce his plan this even
ing.
In regard to the proposition Of the gov
f6j, 100000 currency is bond, Secretary
Window stated today that congress would
have 20 authorize the payment of this ad-
vance interest The proposition which
met with the unanimous approval of those
present, including the secretary. was to
suspend the payment of customs duties
from November 10 TO February ]. SeCre-
1ary Window said that the present diff
Guilty i'm the money market, he believed to
he one that extended all over the country
and was not confined To Wall street
hor even New York. He said
At would require great deal
sOf careful consideration to settle
iaIpon the best method of relieving the
s,tringency and for that reason nothing
would be done hastily.
Assistant Treasurer Roberts SAYS: 81
slO not know what the secretary OF the
1reasury proposes to do Ii would be
wise, however in my opinion, for congress
10 extend the time within which the
goods now in bond could be withdrawn or
The conference committee might decide
upon some such plan as would tend to re
lieve the market, but i'm the aspect of the
case do not think there is any serious
ground for alarm.
Secretary Wiudom made the following
statement tonight regarding the amount
of money tied up in the treasury. He said:
Comparisons have recently been made of
the surplus as lt il now reported in the
treasury with the amount reported year
ago; from which the erroneous conclusion
Is drawn that the present administration
has pursued policy tending towards CON
centration. In this connection the follow
sng authoritative statement will show
the tallacy of this BELIEF The
amount OF net cash. fractional sill
yer and national bank redemption fund
IN the treasury on the lst of Septem Der
1889. WIS about 81. .0OO. 600 The amount
of the same items September l., 1890 WAS
500, 5U9, 22o, which demonstrates the fact
that over S4l 100000 money has been paid
out since September l, lS99. than has been
received in the treasury during that time.
In other words every dollar received hv
the treasury since September /. 1870. has
been paid out and over S4l.0O0. go besides
There l., therefore, not dollar in the
treasury surplus which came there by the
payment of custom duties or internal
taxes Hence there was not a dollar which
represents any boarding of the currency
during the last year
THE PRESIDENT TAKES HAND.
WASHINGTON. Sept. l3.-There was a
long consultation today by wire between
the president at Cresson and Acting Secre-
1ary Bachelor and Assistant Secretary
Nettleton az the treasury department. con
Cerning the stringency in the money mar.
ket, during which the whole situation was
thoroughly gone over. The president, il
Is understood stated that il Is his desire
10 avert panic in the money market and
that none shall be permitted TO occur II
the treasury department can prevent IT,
The views of the president were telegraph
ed 10 Secretary Window at New York,
who at noon sent the following message Il
the president.
Il have had conferences with leading
financiers. There appears to be considera-
ble strlngency, but no reason toapprehend
serious consequences. ] am fully advised
and Will take such action a. | think the
situation requires -
The president has also been in consulta-
tion by wire with Major Mckinley, the
chairman Of the committee on WAYS and
means, and others IN regard TO the propri-
ETY. Of extending the date fixed bv the sen.
ate for the new tariff bill 10 go into effect
The matter. j. understood. j. TO be the
subject of furt her conference
WILL BUY LARGELY or SILVER
The director Of the mint announced today
his willingness 10 buy largely of silver
Monday ii the offers were favorable in or.
der 10 assist in relieving the strinGency IN
money.
The treasury department has authorized