The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-29

Philadelphia. Dec &.-Gold coin TO the
value OF $4,000 esOo has been sent from tho
Philadelphia mif1 TO New York within the
past week. IL is believed that most Of this
gold aas been used in recent shipments
10 Europe. The mint received So 000.0Oo
worth of Eold h8rs in August. and all this
has been made into coin. There are now
on hand gold bars valued at S2O,0o0.00o
The work OF coming is going on daily. and
Ii there is no increase in the demand. it
it only a matter OF short time until 1t
viii be gone. Small shipments Of gold bars
are b5ipg- received daily. but not the guam
titles sufficient 10 keep up with the de-
mand for coin,
New York, Dec. s. Regarding reports
I'm banking and financial circles that tbs
plan for new government loan of $780,
0o0.000 had been agreed upon. the Evening
Post says: y. Z. Morgan Is willing to
help the government by floating a new
loan OF 500 ooo.Co0 This he viii do I'm con-
junction with and by the cooperation OF
the hanks II IL is desired by the govern
ment The negotiations have been ad-
Vancpd by him Far enough for the hanks
to enable him 20 enter into such an agrees
ment with the treasury The plan is for
Mr. Morgan and a syndicate organized by
him TO take Sj1,0000o0 of bonds at once.
paying sold for them IN installments as
the money may be required, and also TO
agree IN take $JQ.0o0,0o0 more on the same
terms II the treasury should later need
further gold. 1T only depends now on Mr.
Cleveland whether such an arrangement
shall be carried out.
persons in a position 70 know the facts
TO some extent said IL owas understood
that the Rothsclbds did not care TO have
anything 20 do with tho loan, and that
Hereford Mr. Belmont would not be a
party To the transaction as their agent.
although BIS firm might possibly take
some Of the bonds"
Washington City. Dec. 2s-The treasury
today lost sS57.0oo In gold by redemption
and gained $4,000. which leaves the true
amount OF g0,f reserve $6S 69f. .a97.
The president is expected 10 make his
bond announcement the first OF next week
He has not entirely abandoned the hope
that no can float bond issue by popular
subscription. Nine out OF ten financiers
with whom the president and his advisers
have been in communication express tho
opinion that a popular loan scheme would
ha a failure. What figure has been fixed
upou has not yet been disclosed. The
kqsss is supposed 10 be 3ia per cent. Tho
time limit for SUCH subscriptions Is also
an unnamed quantity. Another story IS
that the bonds VIII he offered at once at
about the market value Of the per cents
sold IN February, around 1125, and as
soon as the failure OF the scheme il fully
demonstrated announcement OF the fact
will Ike made. and the president viii then
he free 10 make the best private terms he
can with the syndicate.
Berlin, nec. 2S.-The Boersen Courier
saws negotiations are proceeding between
the United States government and leading
bankers OF Berlin with view OF the lat
ter taking oVer a new loan OF 500 100000.
London. Dec. 2S.-The Times says IL its
financial article that II understands that
the Rathschilds have declined 10 take any
part Of an issue OF American bonds.