Omaha daily bee., 1893-04-30
CAV DO WITHOUT NEW YORK.
Treasury Omcials Whl Not Need Her Aid
to Maint ain the Gold Reserve.


to MHint ain the Gold Reserve.
WASHINGTON, d. c., April 20 No better
indications of the restored confidence in the
financial situation is necessary than the fact
that no gold exports were made from New
York today and it does not appear
now that any large amount will 90 out
on Tuesday and perhaps none at all. The
plain statement made to the New York
bankers by Mr.. Carlisle appears to have al
layed the apprehension that existed. Gold
offers continue to be made, the last city to
offer assistance being Little Rock, Ark
which sends s1,0OOO0O, the gold to
be exchanged for legal tenders
All these offers are being ac-
cepted, and If necessary, can be
called for by the Treasury department at
any moment. but untiJ the exchange is act
ually made the free goid does not appear on
the treasury's daily statement, which ac-
counts for the fact that the books of the de-
partmont show only $4,000 of free gold, al
though the amount ~aidh Secretary Car
Isle could raise is probably over 81 OoO, 900.
The statement of Secretary Carlisle that
every effort of the administration Will be
exerted in the direction of the repeal of the
Sherman law" is regarded here as an anti
aroused and placed on the alert the free
silver men. The latter assert that they are
ready for the battle, and everything prom
ises lively silver fight in the next congress.
New York is no longer the gold center of
the country 50 far as the gold in national
banks is concerned" remarked prominent
treasury official this evening. She has
been playing great game of bluff and try
20 ha 20. hat
| she can embarass or relieve the present situ-
alton as she pleases. AS a matter of fact
| there is less gold in the national banks of
| New York than Chicago, and the gold center
| is west of the Alleghenies. Mr. Carlisle is
| now in Chicago, where the gold really is, and
! will hold conferences with leading bankers
| there
On March 6, last the comptroller of the
! currency called for reports from all national
banks as to the amount OF gold on hand As
| between New York and Chicago, the reports
show the amount of gold held to be New
York, $l2, ,43s G52; Chicago, sl4 ,S24, ,666. This
| brings out the important fact that the de-
| mands which have been made by the New
| York bankers during the recent crisis were
largely in the nature of bluffs.
As between the west and the east the
former has S54 000, 900 of gold in its national
| banks, while the east has only S39, ,000.000
| Mr.. Eckel's reports show that Chicago is
the first of fifteen large western cities which
have stocks of gold, while New York is the
first of eight large eastern cities with
large supplies of gold. Thus the
western cities outrank the eastern
both in number and in amount of gold car
| ried. The western states are also ahead o
/ the eastern states in their supply of gold
The reports made to the comptroller do moi
cover the supplies of geld held BY private in
dividuals, private banks or state banks. The
Chicago banks have already rendered thu
use OF their gold, so the conference of Mr.
Carlisle with them is likely to produce mucl
more satisfactory results than that which h,
had with the New York bankers.