New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-27
WAITING TO SEE CARLISLE.
THE SITUATION IN WALL Sli'ETi'
PROBABLE CONFERENCE Win
OBSERVATION-DISCLOSURES OF ioi'h''N

The situation IN Wall S'rr' ' ,I. -,
ouict. notwithstanding the disaPpo' e,,,o.,s
secretary Carlisles decllna'ioh VI c
tions of the New-lork bankers ''P ~, 1r.aa.,,,,.,s
VI ,',.. Tho oxpected arrival OF the S"cfe-
80 ~ Treasury in this city ana the GER
',' " ,,,pce with Newlork bank pr''sl-
,,,,e bankers, tended TO sustain hopes
.i,;o,s for bond issue would he con
-. e,,oo.,-sfuly in time. Another reaSsufihg
-, ,,.s ,le condition Of the ioreish eAcha"S''
RI .,,.,kc, showed fresh weakness ana posse"
g. s,.,ling were reduced to 81 SO for siAtS-
..r hills and 81 IS l.. for snort or '"I'tu'S
III, This Is decline of . cents to the = s'eil-
n''' ,-or, the extreme high rates OF last Week
~ .aLress of the reign exchanges Is explained
.,,,.o,aI grounds The supply l. thought 10 nave
I,or increased by loan bills. TO ie covered ia'er'
IN, tho reason commonly accepted Is that 'hc io'
.;gn demand for gold was 50 urgent nhoer '''e
L. scare which was raised ny Tue 4"o'
,ion concerning the redemption oil the Treasury
ro,es Of 1890 that large amounts oil the precious
metal were shipped prior TO the marhe'i"s VI
n.ntor., drafts These bills came upon the mar
Le, Infer and al a time when the general o"'ioo"
b,ebtened, 50 that depression was incvltaoe' Al
any rate the condition OF the foreign eNcnanseN
nrecludes the probability of further exports '''iS
,,..ek No ARRANGEMENTS have been made ior snip
monts on SATURDAY, and bankers are conhdeh. 'i''
M cold Will 90 out. When the foreign eN'hahsc
market resumes a normal tone, and DIS may INC
sold without a sacrifice il Is generally eNi"''u
that the outward movement of the yellow metal
will he resumed OH account OF the adverse "aianc'
OF trade.
,ssis,ant-Treasurer Conrad y. Jordan received
!: a.; mail Yesterday morning the letter from
secrctarv Carlisle which had been PROMISED 'pN
,eeoraph the evening Dciorc. Mr. JORDAN ha"'
known its contents 10 the leading DOWNTOWN
bankers but declined to make any statement LOT
notification. II is understood howeNer that VII
carlisle informed his subordinate officer th4t me
suggestions and terms OF the bank Were not
acceptable 10 the Administration Inc Secre''iN
announced his intention of coming 10 New-iofF'
saving that ne would arrive at 10 o'clock in the
evening, and expressed his Willingness 10 h''e'
the bankers of the city and discuss the situation
with them.
Acting under his authority. Mr. Jordan en-
tended invitations to confer with the Secretary 10
Presidents T.. II. Perkins, j.. Of the importers
and Traders National Bank and cha rinan OF the
Clearing House Committee: George q. Wllllams'
OF the Chemical. who Is chairman OF the Clearing
House Association; J. Edward simmons, OF 'h'
Fourth National Georfe !. Baker, oi the firs'
National Henry w Cannon Of the Chase" w a
Nash of the Corn Exchange: frederick d. Tap
pcn of the Gallatin: J. T. Woodward, OF the
Hanover Brayton Ives. of the Western National
George :. Coe of thu American EAchanS" Ma
tional Bank, and others IL was considered
doubtful yesterday whether a meeting could DE
conveniently arranged FOR to-day, on account OF
the time that will De taken up by Mr.. Carli'lc'S
participation in the Columbian olscrvancc> ana
the conference may not take place until tomorrow
at IL a. VI. II the Sub Treasury.
Tie New-York bankers yesterday expressed their
Disbelief in tie reports that Secretary Carlisle
had expressed vcNatlon NJ the course of III" New
York banks. They declared that in all their
communications with the Secretary through Mr..
Jordan there had been the utmost courtesy on
both sides. The bankers are gfathed at Tile
prospect Of personal communication with Ny
arlisle They say that the situation j. "a too
difficult one 10 be deal; with successfully al long
range. The greatest obstacle j. the ignorance Of
the New-lork bankers TO what Secretary Car
Isle desires TO do II he will outline policy
the banks will assist him 10 til" utmost. if the
s"hem" i al all practicable. They are anxious
10 help the solution of the problems, and will
meet the Secretary in the most cordial and help
ful spirit.
The arrival of Secretary Of the Treasury Carlisle
had becn awaited among bankers with in
terc>t than attached 10 the visit OF III" President
and the other Cabinet officers, because OF the
hope that a conference could be- arranged on the
financial situation with Mr.. Carlisle. Contrary TO
general expectation. however there w"r' ~ efforts
among the bankers 10 greet the SECRETARY last
evening. II thought best that he should
not he disturbed. a the hour of arrival was 80
late Even J. Edward Simmons. presiden; Of
the Fourth National Bank and member of the
Clearing House Committee who was on the Re
ception Committee OF ono Hundred, did not 20
10 rhe PENNSYLVANIA Railroad station 70 me-, Mr.
Carlisle. Assistant Treasurer Conrad y. jordan
vas not al the station. Charles J. Canda. formerly
Treasurer Of the United States, however. was in
Jer~y City, and when the Presidential party
.rrved he took Mr.. Carlisle's arm and walked
with him and Mrs. Carlisle 10 the elevator which
carried them down 10 the Moor OF the ferry slip.
Mr. Candd entered the carriage srt apart for Mr..
and Mrs. Carlisle and went with them 10 the
Hotel Victoria
On the fcrryboat Tribune reporter had few
words with the Secretary of the Treasury
How does the financial situation look now ?'
was asked.
There was no change when left Washington"
Mr. Carlisle replied. Il don't know how 1t Is
here
do you expect to meet any New-York bankers
Mn Carlisle laughed nervously II shall prob,
ably meet great many people; he answered
slowly, and ! suppose there VIII be some bankers
Is there any probability that you will arrange
conference for tomorrow"
1t is 10, soon 10 talk about that Mr.. ar.
Isle responded have Just arrived IN the c'N
in fact haven't got there yet 49,,
When Mr.. Carlisles carriage reached the iioteI
Victoria Mr. Canda went npsiars VIII 1ne NH TT
late hour. and elnded reporters who were waiting
20 see il he could give dcfnit" information a. 10
the prospects Of financial consultation to-d1v
II was not known at the hotel whether Mr..
Jordan had called 10 see the Secretary. but
II was reported that he had had a talk with his
superior officer Neither Mr. Canda Mr.. Jordan
had been 20 leav the hotel at an early hour
this morning Secretary Carlisle evidently was
seeking 10 avoid public notice last evening in
response 10 cards that sent 10 him ny re-
portcrs he sent down word that he could zee 10
ono that evening \ note was sent 10 the Sec
re'arv asking him II he purposcd comforting with
New-Nork bankers and If when the meeting
would h" held. Mr.. Carlisle srnt down the fol:
lowing answer in his own handwriting. pcncillei
upon sheet OF the hotel p,pcr
Il have come here with the President and