The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1893-07-08
Special to the REcoRD-UN1oN.

Special to the RECoRD-UNIoN.
WASHINGTON, July THE Star says:
While members of Congress and leaders
in financial matters are discussing vaIi-
Gus plans by which the present situation
can be relieved, an official of the Treas
ury Department is quietly preparing
statistics and histories of financial trans
actions as a benefit to the Administration
to guide it in its own views on the vital
subject. Several plans have been sug-
gested to Secretary Carlisle. Among
them is one which contemplates an entire
change in the money system of the
United States. In short, the plan is to
pass a specie resumption Act redeeming
all the various forms of money now in
use in the country, and issuing instead a
United States Treasury note whose value
shall always be fixed. There is at pres
ent nine different forms of money in
circulation, and the fact of the wide
difference between the value of gold and
silver coins, while they are theoretically
of parity, is one of the causes which sug-
gested the plan.
The national banks during the past two
months increased their circulation nearly
100000. Orders for new circulation to
the amount of s., III 600 have been re-
ceived thus far this month by Comptroller
Eckels.
The gold reserve at the close of business
to-day was 500, 943,9
CRIsP's POSITION ON SILVER.
New YORK, July The Commercial
AdrertiSe7'S Washington special says:
When Speaker Crisp left here some
weeks ago he was chagrined with the
Presidents rejection of his wishes regard
ing certain offices, and he said the Ad-
ADMINISTRATION will have TO seek him in the
future, and it did In a short while he
was summoned to Washington to confer
with Carlisle. The silver men are whis-
pering that if Crisp goes against them it
VIII lie because he has surrendered to the
Presidents offer of patronage. Crisp
maintains diplomatic silence, but there
IS no room to doubt that he will sustain
the President.
BETTER FEELING AT NEW YORK.
NEW YORK, July 7.-Interviews with
Wall-street operators show a certain de-
gree of cheerfulness over the first indica-
tons Of an improvement in the monetary
situation. Leading bankers say the de-
lnands for currency for shipment are not
considerable and the requests for redis-
counts from the country have become
much lighter. A gratifying fact is noted
that the country banks are beginning to
pay off New York correspondents. A
leading bank within the past day or two
has begun to take up commercial paper
at 10 to 10 per cent, according to grade
and time. Hardly anything is doing as
yet in time money. Well-informed CD
orators do not look for more than tempo
rary ease in the money market till about
sixty days from now.
RUN ON A SAVINGS BANK.
WATERFOWL On. ", July IA run
started on the Jefferson County Savings
Bank yesterday. The bank continued
paying all demands until after the clos
ing hours, and it is believed the run is
over.
AN ASHLAND (NEB.) BANK FAILS.
OMAHA, July The National Bank of
Ashland, an offshoot of the American
Loan and Trust Company, has failed. 1t
had a capital of 100000.
y DIES MONIES MERCHANT IN TROUBLE.
DEs MONIES Qa.), July 7.-Attach-
ments aggregating 5000 and mechanics
liens to the amount of $4,000 have been
filed against Lowry W. Goode of the
Highland Park Land Company, Qes
Moines Electric and Water Power Com
pany and other concerns with which
Goode is prominently connected. Goode
claims with time he will be able to pay.
The amount involved is probably $500, 900.
.
NEW YORK, July The New Jersey
Sheep and Wool Company and the Gen
esvoort Market Sheep Company, Jersey
City, have failed. 1t is feared the fail
ures will involve the failure of many
small concerns. The Liabilities exceed
$500,000. The assets are not shown.