New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-22
DISTINCTLY MORE HOPEFUL.
AN IMPROVED FEELING IN WALL STREET
MORE GOLD HERE AND CONTEMPORARIES BUoYANT
on THE STOCK EXCHANGE-THE PRE-

MORE GOLD HERE AND COMING-PRICES BUOYANT
on THE STOCK EXCHANGE-THE PRE-
MUM on CURRENCY LOWER.
There was distinct Improvement in the tone of
feeline In Wall Street yesterday. and the infusion
NJ hopefulness reflected in the course OF the
stock market. Dealings We're light, but the list
showed general advances. ranging from fractional
GAINS to five points. The chief elements which con-
tributed to the Improvement were undoubtedly the
favorable bank statement issued Saturday, and
the apparently increased chances of speedy re-
neal of the purchase clause Of the Sherman act
The future of the gold movement seemed I'M
certain. Enormous amounts have been received
and large importatons the way but the
continuance Of the inward flow of the metal was
not assured. The premiums on gold and currency
in this country have been the incentive 10 I'M
portation, but these premiums suffered reductoh
yesterday. Exchange rates are firm, and the BANK
of England shows signs of restlessness under the
drain which may lead to restriction measures.
Continental discount rates are abnormaily hsh'
These conditions may be sufficient to check the I'M
port movement
That the increased money made available through
gold imports and added bank circulation ho"eNei'
has eased the situation is readily seen Danh pc
dents Yesterday said that the improvement hau
been decided one. Much of the gold mas o
diverted from the banks of discount OF mas So
10 other sections Of the country put ""e'
it's Judgment may have BEEN the erect has 'e''
an easing of the money demand oo ooo l.,
rha Etruria on Saturday brought about Sl5VooW III
cold oonsiened as follows: fl.60O to Fowler bios''
Limited from the Bank of England toSV ~ ' o.,
IJentz & Co.. from the Bank OF f-hsia"u' 100
to American Express Co Tor NJ D. ,-o 80
the Bank Of England: $4,000 to Hoskler' "oou
C. 70 from sharp & Wilkins flsSo TO Brown
Rros a. Co from Brown Shipley Oo' ili''VV
do 900 to Kidder-Peabody, from Barring nio''
& Co.; 800 do 10000 do; tS'Vo 10 A"'e I'm
Express Co.. for Union National Dam
Naeoun e. Co. from Barring Bros tioSvoV 10
Canadian Bank of Commerce. from Royal BANK
of Scotland; Ell 900 to Canadian BANK OF ooiheiN
from Bank of Scotland; $4,000 to American hNpfesS
90 from Clydesdale Bank. Limited tzoc" u
American Express Co.. from '''e D"'t00
loga Total. 1928. $50
The City Of Washington. from Havana yes,eiuas
brought $3.50 400 in gold to Muller Schaii "
The Campana carries about ti.5Zo'W"' the ->e"
york sl5oO 600 the Columbia $l4i0.0O the IraVe
ssoN 600 the Gallia, which will sail from Liver
moo, to-day about 100000. and the Ems Navel
Elbe. Aller and La Burgogne also carry eonss"
ments of the precious metal Inc soiu '"'' '
arrived makes the total importations shce July
IL almost sS0.0O00oO. and the amount vi wv wy
reaches fully S.0c0.0oc .s vac
~ House loan certificates were issued yes
,erdav and there were no cancellations Inc oup
Treasury was debtor to the Clearing House $780, oo
of which sl4500O paid in god' anu si' ~,
mostly in gold paid out on checAs o'ei az
counter There were Geographic transfers Vi e,0O
coo 10 New-Orleans of which $4,000 was III SILVER
dollars. Sub-Treasury officials said that no orEer
had been received TO change the pon nrsn ~ showed
ont gold although the Treasury statement sIo
chat the 800 900 was again impair
The premium currency was lowerteu 20 brokers
although the demand still brisk. MONEY
bought bills at IL per cent premium ana f T spot
9isN2 ner cent The same premiums rueu ~ 'P
"a Nth per cent bid for gold TO arrive
on the he Stock S cans msde T by active
,ncTs. American Sugar Refining COMPANY open 2
ing Pa closing 74 Chicago Gas 9pen ope5ne sss
cI6sing e5: Burlington. opening i1. closing ,s,
Distiiing and Cattle Feeding Comp sn4s Ss clos
ing a: Manhattan. opening los closing ll|12' a'u
Western Union opening 1874 CLOSING ac 10 was the
Of Northern Pacific shares and me the
sron, n az on sales of over 1900 shares ine
newers of the road started for Milwaukee yes. ri
Sev Where they will begin their examination ii'o
the affairs of the system