The evening world., 1893-04-24
MAY GET SI5,OOO,OOO.
-
Report That New York Banks
Will Turn in the Cole.
Also Runners Of a Movement to Call
for s2O,OOO.0OO.
Bankers In Conference with Assist
ant Treasurer Jordan.


the Treasury sti'i continues President rlrye-
lands statement tha' 1t is the policy OF The
Administration to redeem Treasury notes of
aii Kind In gold. so long a, there Is any gold
available, has had the effect OF restoring con-
fdence In Wall street.
Mess some arrangement can be effected
with he banks for turning over more gold TO
the Treasury. however the gold reserve FUND
viii soon be reduced below the 100000, coo
limit again, FOR 1t is expected that between
$4,000, 900 AMI $4,000, 600 VIII Ue shipped on
the Trave Tomorrow.
The eng az. ments reported up TO ! o'clock
To-day foot up fI20u,O00, and includc s5OO,-
900 to be shipped by Ladenburs, Thaiman "
60, 100000 ty Kuhn, LorU ~ CO., = 600,
900 by Lazaru trcrnS ard tl,a0O,UO0 by
iieiGeiUach. ickelheimer & Co.
Most OF those engagements we're rcTortcd
last saturday, but one or two OF the nrIn>
mentioned have Increased the amounts since
that time.
Assi,ian Treasurer conrad y. Jordan took
charg. OF tn" sub.rrcasury this morning.
ana the counting oi the currency ana specie
IN the vaults was ucgun By q. &. BaG'H aad
his iGrGe nt men RON the Treasury oii!ce In
" ashington.
Ii is believed however. that he is arrang-
Ing with tine Nov York banks Tor the turning
over oil some OF their specie t. tue Treasury
In ord .r to meet the demands Of toreign bank
ing houses until the present rush or gold
TO del end upon the west ror replenshing the
supply OF gold III tAe Treasury after each
days inroad upon 4. and thus keep tie re-
serve up to the required amount, but this
cannot 20 IN much longer.
Without the assistance OF the New \ ork
banks. which hold Large amount OF gold in
tteir vault 8, the continual drain VIII make
haS oc with the reserve, or at least reduce 1t
to such an extent that alarm Will be aroused
again.
| 1t Is understood that the New York bank
ers are determined to force the Government
to issue bonds II they can, and ever since Mr..
Jordan re- turned IRON Washington lie has
been In conference with presidents OF tho
leading banks trying to arrange matters
! The meeting at the Clearing House Satur-
day afternoon was -prearranget, and this
morning, after Mr.. jordan had reached his
among rnenl president, simmons, OF tho
FOURTH National: PRESIDENT ives, Of the
western National. ana Mr randa, and were
was q great deal OF mystery about the sub.
| Ject OF the conference, and no Information
regarding It could De obtained at the sub
| Treasury.
The conference ended shortly before
o'clock. The conferrees uniformly de-
clined to anticipate any statement that
Mr.; Jordan might wish to make
! Mr.. Jordan declared he had absolutely
! no information to give as to the result
Of the discussions between himself and
the bankers.
| 81
ended communication will undoubtedly
be addressed to Washington.
! Although nothing OF conhrmatory charac-
| ter could be obtained 1t was generally sup
posed that an Arrangement would be made
| by whicn the bankers Will turn about fi5,-
600, 900 into the treasury.
According to Chicago special, Presi-
dent Mitchell, of the Illinois Trust and
| Savings Bank the second largest bank
| in Chicago. says.
We have given the Government SIS @,
nOJ gold in the bGst few weeks, and will
continue to exchange gold for the Gov
i crument'S paper obligations Of any kind.
| We viii send more gold to-morrow. We
60 10 premium
Another banker says that the Chicago
I banks hav" forty millions Of gold. and
the example of the Illinois Trust and
Savings Bank is likely to be generally
II is reported in Chicago banking cir
Giles that Canadian banks In Chicago are
changs, which, they are now trying, to
sell. These bills were bought when they
thought gold would so 70 premium
\ starIliIs inLlur 20 III" effect that there
was concerted movement on the part OF
x, id shippers and operators ~ make de-
lnani on the Treasury sImc time between
now AID "Wednesday Tor so, 100000 Of gold
gained currency this afternoon and IL was
surniaca hat I'll" pr l;ractcd conference was
due to discussion VI his question,
The ac.ion oT the clearinghouse bankers
In resolving TO offer Ealf tsi,5OO,0cO) Oi
their Nuidln uI gold to the Treasury
was believed to have been anticipated BY
secretary Carlisle when he made the state.
mcnt last wees that ht had received tenders
Of about $1,000, 900 NJ 4D.d.
There vas one withdrawal Of $4,000 in
gold from the ~ut-I 'aIsurs early tins morn
Ing, Which, with The &l.!OO,OOu pad out las;
SATURDAY. makes Sl.9JO,UGn already with.
drawn Tor shipment Tomorrow.
During the afternoon Oihtr bankers Gale
on MI Jortnn IN MS private Office, ~
Guiding Presidents zoe, OF the A!ncricin EN-
change; n. W. cam non. q the hasr NnIluuai
hapin. oI tho Thrd Natipna.; rN-secretary
/ Fairchid, Mr.. Sncycr, Ui Sp'ycr & CO.. and u
! 4. Wright, ~ DreXsl Morgan q ca.
/ Presidents Cannon ana SlnunODS WHO were
seen after they had come out OF 'he confer
| ence. refused 10 state what na1 been dis
cussed At the meeting.
! They said they had agreed to say nothing
whatever about the matter, ana that II any
Information was given out Il would have u
com" from Nr Jordan hiiusclI.
her" /. abnlt SkS, { 0r,uuu in cash In the
! Sur-TreasuIy hich WA nave ~ be C0unteO
nnd The NorN viii not BE- completed
VII hin three w,tSs Some Of the principa
items are. In round numbers. United state
Treasury nOtes. sl4,juO,OOO: goli coin
S2t,liiOOO: gOli Ger, ,iticitcS, $500 600
standard silver dollars. s3G,Sl 1000.
Up tO2 Ocl ci thiI afternoon f2.000.GOt
In gold hai Teen withdruwn from the sub
Treasury Tor shiomcat tomorrow.
-----<t s.
FoR the relief and cure rt weak lack, weak mus