The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-12-18


by orders to buy o.000 or 1000 shares Of vari-
Gus stocks hero. 30 that altogether London
Ia estimated to avetAken about 15, 600 shares
within the last eptyfour hours. Should
foreign operators continue TO buy on Monday
and money to rule at full figures. the chances
OF heavy exports OF specie next week
will DO materially lessened. Foreign advices
are Tint the Improvement In the London mar
ket to-day was due to tho fact that the OK
pected shipments OF gold to-day did not take
place. and It Is further stated that London Is
not DESTROYS OF drawing gold from this coun-
try or OF seeing II taken by the Continent
The impending ad ournment OF the Monetary
Conference until next May establishes what has
been practically certainty almost since the
Conference convened. namely. that 1t would
adjourn without accomplishing anything
definite. Tho discussion at Brussels hns un-
auestionnbly aroused widespread and earnest
interest in the silver question:: but 1t
has MISC created good deal OF
uneasness. which will now. doubtless.
die out in measure. for tho adjournment OF
the Conference is not likely to be followed
by ripple in any quarter. The as
sembing OF the Conference did not nd.
vance the price OF silver. hence its virtual
dissolution Is not likely to affect the price
OF the m FETAL unfavorably. particularly as the
demand from the East and the purchases by
tho United States will continue. and at the
os"o 49, VI 80. ,,,,,t. - ,,,,,aa .nu,nt
49,, e.ot, - ~. ,a,.,, ,.,n To-
silver.
-, 'o ., ~. 80 ,'V " 80 "
count OF the efforts making there to Sc
cure the repeal OF the Sherman Silver
act OF 1890 A determined movement
in that direction. though unsuccessful Mt
s"o p ,.e,,. n ,,,a ,.,an,s ontor,a,noJ
49,. ,s.,.'. H., .uatr,a,. -, s;,,ar
Y. ,.ni,,u n,,l onnonrac,
". ar 80. on ~ :, ,,as NOT on,irsiv
,. ~" az, ~, nsa,,., ,o.r th.t
~" ,as,an -, 49, oormunitv
1T. a. H.. ta,, 1,,, MI, S+ro.t hno
49,, ,.s,,, Into suor, ,r.r,v nvar IN.
W. ~ ", A.. =. ,.r, 80 ,,nr.r q,
e ~ 80 " soa . w., s.a,Ist,os -, ,nra,,n
80 ~, q, oo,nnr.,enl ,ns .Ject q, csr,ain
49, W ~ ,,,ona
1h. n,nnav 'nrt AZ th,s woe. hoe heen d,..
.,,,h.a hv ,ba shis,iru n, about s1s 900 oOO ~
80. 80, 4 nnn nnn 49,, Ioon s.nt ort ~
w. ..... sa 900 400 ooI,.otnJ in h.nr l.,
wy 80" .i - ,so.I,I 1870 -, ,..,a nort
p.,n",s 49,, a., ,roi,1,, ,r,s ,,s.d IN o,,or,-
.,as, -. til, io,oI oh,roo,or nomoi, for
.,Uns ~ -" n,oannt ~, ~. nav, 10 sn. ~ Cav
a,a1 Ts,tu., IL al t,r ,h, nnr.h,s. -, y
$500 80 80. s.i'reaa =. - ,,,ir t,nro-
tn Ill.,. .nn sh,,t;nn ~ low. i,niIa,t.I :,
49,. ..t,an. ha. ~ ha., .h,oar ia
800 ..'s.;a. ,,...,, &, a,;,.;,r, 49, al,
I"JeoS assmn,;nr thot snch nm ono-ot;on "a
'',. o. =. -, - ,,.;.,, 49,.
.aAlhs p.aco. sanuo. 30 ,,I.' ",.n Nv
,.ui ~. ..;a =, 49, tntai oo,itaI th"t
ns.ns Wv p,u"n .nhi,h ~. .,m.r,r ron. oMt
80 80
~ p W.. uo' 49,, -, ,,,o,nt,, nv
Ivy .no $50 o 49,. ~. st,o. thot
uuon o.n.. NV, s;,'an - S.,,sn, INV Ioarsr
our present use vi s'Nrr 10 ui' MN, ,'e u'"."
for staples. notably wheat and cotton.
and the smaller volume OF the exports
tho heavy imports, and the necessity for
making remittances abroad to meet interest
nothing OF the efforts that Austria is making
to attract gold Are oil wen de,lheu causes
which should be accented by tho public as
logical II not conclusive In preference 10 any
ASSUMPTION Vs. =, s.,,,,, Emit man =, o,,or,.rc. in
business affairs. who have for years been in.
trusted with the management OF other poo
PIES MONEY. should, in tho face o: these cir
cumstances. yield to sentiment detri-
country and encourage it In others.
As to the immediate future of the money
market. bankers who are engaged in business
for what they can get out OF 1t and who are
not deyotinc themselves to the creation OF a
| ..ntir.rt odvorso IN tboir own interests
sentlmeh. ADVERSE 70 .ne'r own u r"ne' s enio
express the opln'on .nas money on, VIII r rus
so. thot th. nrosent sitnation NAV he re-
, neo no :, ."e oonti,~as at ~. ,sc,I rato
lieVed II money continues az lne ms, lecai rate
,or funda NAV denress tina nrices for cotton
lot iuuu' A"' n.'.. ' .,,.. III, stin,n
and wheat TO hGures mat VIII SUNNI
| late foreign demand for them. A fairly ac-
| tive money market will OF itsel! restrict ex-
norts nj snecie' ard il il is supple ont ed BY
moderate volume OF commercial bills tho out
look for further shipments OF gold in the near
To.Iay's hank statement shows that tho
Clesring House banks have maintained as
good a position as they, hold, last week IN
Of money. This is due chiefly to receipts
OF currency from the interior. which have