New-York tribune., 1895-02-12
GOLD DEPOSITS AT THE ASSAY OFFICE.

GOLD DEPOSITS Al lfif- AoSA' VI iOH'
FIRST PAYMENT OF THE MoRGAN-BELMoNT
SYNDICATE ALREADY MADE-wHAT THE
NEW ISSUE MEANS.
rhe Chase National Bank yesterday afternoon
deposited $4,000 in gold coin at the Assay Office
as the first payment of the Morgan-Beimont syn
dcate account OF the new issue OF Govern
ment bonds 1t is understood that the National
Park Bank sent 100000 also to the Assay once
This was received in time for deposit yes'er-
day, but taken on storage, and Will De tahe"
on deposit to-day and weighed. The $4,000 from
the Chase National being weighed when a
reporter called at the Assay Office yesterday
Mr. Mason, the superintendent said the WORK was
being done at the rate OF 5000 minute
IL was generally understood that August BEL
mont saw Assistant Treasurer jordan al the oup-
Treasury yesterday and asked II deposits on me
bonds could not begin at once, so as 10 save 'ne
interest Mr. Jordan did not think II could De
done but Mr.. Belmont persisted. and then MT.
Jordan consulted Secretary Carlisle over the lohs-
distance telephone. Mr. Carlisle SAID IL Wouiu DE
allowed. and that the payments shouio oe n'aue
through the Assay Ofhce by weight The Chase
Bank then made its deposit The Assay once VIII
issue receipts for the gold. The payments are
made through the Assay Office instead OF the SUB
Treasury because the Government rules that II
is a bullion transaction
+ Pierpont Morgan and August Belmont had a
consultation yesterday afternoon, but declined to
say what they had talked about Mr.. Belmont
said that the names of the members OF the syndi-
cate would not be made public until the matter
had received definite status by the action or
inaction OF Congress on the per cent gold bond
proposition II was assumed that the principal
foreign houses would be included in the syndi-
cate but beyond this the forecast was conjectural;
A good authority on financial affairs was quoted
THE terms Of the bond issue were arranged by
j. Pierpont Morgan. who also devised the general
plan by which the responsibility therefor was
fastened irremovably on Congress. The adroit man
ner in which this was done has evoked commenda-
now assured. and that is that Mr.. Morgan definitely
becomes the financial adviser OF the present Ad-
mind is reassurns to everybody and especially to
Europe. Mr.. Morgan is much the best-Known
American IN financial circles abroad ana hS name
The following. which probably expresses the feel-
ing of the majority OF the people. was read ny
Henry Clews yesterday afternoon In MS once ana
excited much amusement:
This Bland Congress has but seventeen more
fhe American Tt people viii Experience sense of
lief that never has been equalled IN ne his,3py Oh
The Nation. The day following Che ON OF c Matrn?
1t is 10 be hoped that the President will Issue issue a a
proclamation providing therefor. 1t will admit or
everybody singing Glory HalleluJah.
LITTLE CHANGE IN THE GOLD RESERVE
Washington Feb 1.-THE Treasury gold reserve
at the close of business to-day stood at NieS'h
all known Withdrawals deducted. The delayed
mails OF the last few days, now in. show that
Withdrawals have taken place in drblets at various
sub treasures The ten day" statement. issued
to-day shows that customs receipts at New-i orR
for the first ten days OF February aggregaatea a
ten days OF January. The January receipts were
abnormay swollen from duties on wool,en goods
became Operative on January /. No gold is being
paid for customs dues in New-fork