Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-29
TELBGRAPHIC.
BUSINESS NOTES.
In Easier Condition In The Money
Market Reported.
WHY CONGRESS- WAS NOT CALLED
PETER Makes Prcdlciion.-More Pc
titions.-Mnss MEETING IN Den
yer.-raiiure.

ver.-faliure.
NEW York, June 2s.-Bankers
reported an easier condition In the
money market this morning. There
were no extraordinary shipments aud
the only thing that was noticed out OF
the ordinary was tho large number OF
demands for rediscounts from all over
the country. The clearing house loan
committee issued 81 $780, 900 In ceriiii-
cater, making the total amount Issued
$3.50, 900. The sub.treasury trans.
ported $4,000 TO San Francisco by
telegraph 10 return for gold deposited.
The free gold ia the treasury To-Day
was just se6,OOO,OOO. vu
There was much talk In wall
street NJ to tho reasons which pre-
vented the President from calling
Congress together Immediately. An
Intimate friend OF tho secretary OF the
treasury In conversation with a re-
porter said that according TO Carlisle,
canvass Of the members Of Congress
two months ago on behalf OF Mr..
Cleveland, resulted In learning that
there WINS majority 10 the House
In favor Of tho repeal Of the sherman
law, but In the Senate there was
majority OF twenty the other way
IL was believed, however, that enough
senators (eleven at least) would be-
converted before September to enable
tue repeal measure TO pass tue upper
boubc.
pEFPER's PREDICTION.
INpIANAPoLIs, Ind, June 2s.-
Senator PETER OF Kansas today In an
Interview said; "rhe Sherman law
will be repealed the first thing when
Congress meets. The effect OF this
will De 10 destroy both the old parties
ami build up new one. That
will DO followed by a new align.
new organizations arc soon to
come Into existence. rhD Peoples
Rrty IA but the preliminary mAte.up
II the one which il TO assume control
The new organization ~ To be com.
POSED OF the Peoples party mostly, and
will resolve many recruits from both
the other large organizations, which
now arc closing their careers. The
Indian silver movement meanaa gen.
rfal panic. Out Of this Will grow much
strength for the Peoples party. The
iiver question has been giving US
much aid all along"
srEAISISG or THE SILVER SITUATION.
DESvEn, June 2s.-A prominent
member OF the clearing house associa-
ton today, In speaking OF tho silver
situation, said the closing Of the minis
u silver coinage In India will precipi.
tate tno settlement OF the silver
question, and viewed from this stand
point II Ia not to be regretted.
PETITION 10 CLEVELAND.
ATLANTA, Ga, June 2s.-Wilhout
a single exception, all tho officers and
directors Oi the Atlanta chamber OF
commerce have united In petition TO
the President urging prompt action
In calling Congress, ON the ground that
every Days delay IL damaging TO the
business OF the country.
sMELTER5 ALL RIGHT.
KANsAs CITY, Mo-, June 2s.-Aug.
ust IL. Meyer, president Of the consoii-
uRteu Kansas CiIy smelling q Refin-
Ing company, saiu today that tue iRll
ia the pfior oi silver would have no
ELECT upon the company's business
Ho sAid they anticipates the TALL VI
silver over year ago and thought
most OF tue smelt,rs in the country
had done the same thing.
sESTIMRsT IN the SOUTH.
BALIIMoKE, June 2S.-The Nevs
presents tho result OF "A telegTaphic
canvass OF the leading newspapers of
the South, showing that public .sEti.
ment In that section now 10 over.
whtlmingly In favor OF the repeal OF
the bhermau law.
PATTERSON BLOWS THE SILVER
TkUMPET.
DESvER, June 2s,-Editor Pattcr-
son oi tue Rocky Mountain News,
speaking Of the silver question, said:
I'm order 10 emphasize the fact that
ruin threatens the TransmlssouTi
country, anu especially the silver zee.
lion, because Of the ruthless policy
outlined By The money powers Of the
East aud Europe. Tue NcWs will, In
tho morning, call for mars conven.
lion In Denver OF "A character that I'm
numbers anu influence will arrest the
attention OF the country 10 Its protest
against tbs nonstrous crime that Ia
contemplated.
MEXICO AND SILVER.
WARRINGTON, d. d., June 2s.-The
rumor was current In the treasury to.
Jay that Mexico contomplales stop
Plug the ires coinage OF silver. Min.
ist'r Romero, when advised OF the Tu-
NOR, placed no credenco In 1t.
FAILURES.
sioux Cry, June 2s.-The failure
OF th1 Y Mon Trust company was an.
bounced today. The liabilities are
sooV,oOO and toe assets sI5O,0OO. The
STOCK was largely held IN New Hamp-
SHIRE. IL IN bIlted that the obligations
can he lnliy satisfied from the assets.
BUFFALO, June GA reviewer has
been asked tor the Gatnng Ordnance
company, which was preparing 10
build great plant In u suburb. The
capital IL a million. 1t was organized
70 make heavy ordnance alter Dr.
dnlling'e patent.
ohAHA, June 2s.-There ia n strong
probability that the big smelling and
refining works In this city viii be
closed on account Of the decline OF
silver. "' VI
NEW York, June 2s.-F. q. Plerta
Oo.i shipping anu commission mer.
uuAnu, aseigned today. They claim n |
capital Of 500, 600.
Or Louis, June 2s.-Tho United
e'a,es court OF Indian Territory today |