New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-02

600; j. & W. Seligman, 100000; Hoskier, Wood
& Co., 500, 900; Ladenburg, Ihalmann ~ 20,
S850,000 Chicago importers, Sl,2o0,ooo, ana
Boston, $3.50, 900 There are probably some idrse
purchases not included in this list. Inc Chl-
cago institutions which have ordered gold direct
against the shipments of wheat are the flrs'
National Bank, the Bank of Nova SCOTS ana inc
Illinois Trust and Savings Institution
A HOPEFUL VIEW PREVAILED.
There was tendency in the Street to take a
roseate view of the future gold movements oonc
foreign bankers said that }he current would bring
$50 100000 or more gold into this country ana
that ARRANGEMENTS were being made now for the
importation of SlO,O0O,OOO of that amount In
addition TO the Ss.0OO.000 now engaged.
The currency Shipments which had kept up an
estimated average Of 81 100000 day for two
weeks. fell oil yesterday TO $75o.Ooo. Inc oe-
crease was not due TO O diminished demand 1or
money, but TO the determination OF New-iork
bankers to restrict their shipments. Ihcre
is no evidence Of lessenng OF the calls LOT cur
rency. Banks continue TO fail in many places
in the West. each days reports telling OF the
suspension of ten twelve moIry INSTITUTIONS
These, for the most part. arc small, Dat thcy are
multiplying fast into impressive aggregates. anu
the demand for support grows apce, 'hicaso,
The centre Of the Western financial world mas not
demeaned herself beoomnsly. The persistent re-
fussl of the banks there TO make use OF io,ii
certificates prevented them from Lending heces-
ssry aid TO the territory ordinarily depennehE Oh
them, and the consequence has been that NV
York has borne the full burden of the country
needs The situation in the East is not encouray-
ing. The closing Of the big Amoskcas mills
shows the extent of the tension under the s'rai1
region have been closing, IN grcar nun cnr-
hers. The demand from Boston for cur
Nncy shipments has been constant ana heaES vi
late. The enforced idlenees of thousands OF EN-,
Moves throughout the New England States has lea
10 heavy withdrawals from the SAVINGS panks
there and these have reacted unfavoraoiy upon
the National banks, from which the savings IN
situations have been compelled TO 1 wl'nu,Hm r,.d
large portion Of tneir deposits The concer,eo
action Of eighty-three savings banks " MtS1o nI
setts. following the lead of the New-io OK 1anks
in enforcing the time clause, may prove potent
factor in easing the strain
VIEWS OF J. EDWARD SIMMONS
In speaking Of the money market YESTERDAY, o.
Edward Simmons, president OF the rou''n -''
tional Bank, said:
Tho balance Of trade seems az last 10 nave
turned In our favor, and the prospects OF iarse
inflow of gold are very encouraging According
10 the best advices, about SlO.OOoOoV VIII Ica,h
This country in the next week or ten days, whlch'
together with the large amount oil, crculatlon
that is being ordered by IN" National banks anu
the decrease in currency silpmchVS' oush' W ei'@
Dealings on the Stock Exchange yesterday
showed marked variations under the news ne Sri oe
in general being upward. American Sugar Re
timing Company led the active stocks, 44,5s7
shares being dealt in: II opened at g., an ad-
vance of SIS over MONDAYS. close. i sold up
to So. but fell to "a 10, in the slump that
followed the unfavorable news Of the
day. and closed at 60 SIS. Chicago
Gas opened at Al IL. an advance OF / Is
over the close Of Monday, and sold up 10 43 Ia,
hut showed net loss for the day OF Ia the
close being at 40 IA. Burlington sold up 70 "a
from II l-2. and closed at II So; lackawanna;
10 1873 1-2 from 100 1-2, closing at 13l General
Electric to 40 1-2 from Al. closing at 40 IL
Lake Shore 10 ITO l-2 from 100 l-2. closing at
100 Is: Missouri Pacific TO 90 from Is 1-2 closing
at ia SO: Manhattan Consolidated. to 100 from
I05, closing at 06, and Western Union TO 20 L.
from ~ 1-2, closing at 70 3-s.
NEW loan CERTIFICATES ISSUED.
The Clearing House Committee issued $l,413,-
600 In new loan certificates yesterday, making
the total outstanding S29,43o,Ooo. The Sub
Treasury was creditor at the Clearing House
81 900. The currency exchanges amounted to
S4OO 0OO and $500 600 in gold was PAID out
over the counter. There was shipment OF
100000 in standard silver dollars. These the
Government undertakes TO transfer free OF charge
IN snv point reached by express companies There
was another telegraphic transfer of $4,000 from
San Francisco which Is gradually returning the
money sent 10 it in the recent financial troubles
ON the Pacific Coast. Money on call was easy,
opening and closing at per cent. the hlgheso rate
for the day being 10 and the lowest per cent.
Monthly settlements were satisfactory Inc oniy
defaults announce those Of the Louisville,
ST Louis and Texas and the Seattle. Lake Shore
and Eastern railroads.