New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-23

SHIPMENTS or THE PRECIOUS METAL NEARLY
100000 FOR THE wEEK-Low STATE OF THE
GOLD BALANCE-AN UNDERGROUND AP-
PEAL FOR ASSISTANCE.
As the result OF a conference yesterday between
the presidents Of four prominent banks, the Treas
ury VIII probably receive back to-day Monday tho
total amount OF gold which II has delivered TO ex-
porters this week. George G.. Williams. president Of
the Chemical National Bank; James StiIman. presi-
dent Of the National City Bank J. Edward SIM
mons president OF the Fourth National Bank, and
Henry w Cannon. president Of the Chase National
Bank met at the Chase Bank offices In the after
noon. After talking over the situation, couple or
hours Mr. Williams announced to The Tribune
reporter that carrying the spirit Of the bankers
conference last Tuesday he would at once request
the banks OF the city 10 contribute. In proportion
to their holdings in gold. toward rembursng the
Sub-Treasury for the gold 1t delivered 70 exporters
this week This is all that the banks will be called
upon to do for the present There is little doubt
that there will be a sufficient response to Mr.. Will
lams's request TO carry out this object.
At Tuesdays meeting the Twelve banks which
were represented held. by last weeks Clearing
House statement. about $i5.0o0Oo gold. The four
banks that in consultation yesterday hold 81
per cent Of the gold represented at Tuesdays con-
ference at the Union Trust Company. The Chase
National Bank yesterday Informed the sub-Treas-
ury officers that its share OF the contribution.
amounting to $4,000 could be obtained from IL AT
any moment. The Fourth National Bank VIII turn
in It's quota to-day. -.
The Sub-rreasury early yesterday received 10000
gold from OF the banks making %Do.WO In az.
received 70 reimburse r. for It's loss OF export gold
There was Withdrawn $2,3S0G0 god for shipment
to-day. Shippers secured $4,000 from the banks IN
addition. making $4,000 which, added 10 NovlON
S35O00OO as the total exports to-day. The with
drawals OF gold from the Sub-Treasury ms week.
less the $500. go rembursements were S,o5Ogo
In addition 70 the gold taken from the SuD-Ireas-
ury the banks supplied 10000 10 shippers, so
that the total shipments OF gold 10 Europe this
weekly shipment since the seasons outflow OF the
precious metal began. The Sub-Treasury's loss OF
gold this week has drawn the net gold balance IN
the National Treasury down to about WzVp,Wv.
But before the figures can appear In the Washing-
ton statement, made daily, the banks VIII douDt-
The contributions required from the banks for this
purpose will be $663OOO0
II was told in private circles yesterday that the
meeting OF bank presidents Tuesday was the re-
suit Of the usual roundabout method % appeal for
assistance from the Secretary OF the Treasury
he has held the Treasury portfolio. l. Is said that
W f. Curtis, Assistant Secretary OF the treasury
came quietly 10 NeV-YOrk last week, and called
on Edward King. president Of the Union Trust
Company Mr. King President Williams. or
the Chemical National Rank. and induced him 10
day The feeling OF dissatisfaction In banking cir
Giles with the policy Of the Treasury Department,
which has existed since Mr.. Carlisle was APP
pointed Secretary has been ncrea sed greatly by
The fresh evidence Of Mr.. Carlise's disposition
toward the financial interests that have already az
is what bankers want in the present state OF the
National finances.