The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1896-01-23
7 DISTURBS MONEY
The Bond Issue and Proposed
Tariff Changes.
SPECULATION IS SLUGGISH
Two Loading Commercial Agencies Re
port Trade as Waiting fos Flu
ture Developments.

New York, Jan. 17.-Bradstreets
Financial Review will say tomorrow:
Waiting and narrow conditions have
prevailed in the stock market all this
| week. The assurance that the govern
ment bond Issue will be fully subscrib-
| ed does not prevent the existence of a
| feeling of suspension pending the clos
| ing of bids on February 5. Even with
| the notifications embodied in Secretary
| Carlisle's circular of last Thursday,
which extends payment after the first
20 per cent in allotment over period
of three months, there is thought to be
reasonable danger of disturbance in the
money market. The dissolution of the
Morgan bond syndicate announced on
Wednesday last, was no doubt inevita-
| BILE, as no reason could be found for it's
continued existence. 1t would seem,
however, that this action renders prep
arations to bid for the bonds and to pay
for them after allotment more scat
tered, and therefore more likely to pro-
duce an effect on rates for money, to
say nothing of the probably increased
Withdrawals Of gold from the treasury
which would result. Efforts to obtain
gold for bond subscription purposes
continue and a premiu of p to u or
a little higher has been paid for sup
plies, the same rates being also quoted
for legal tenders. Large transactions
on this basis occurred early in the week,
both in specie and legal tenders, though
the immediate demand mas slackened
and the premium has fallen off CORES
pohulhsiy. me anomalous spectacle has
peen presented or gold both arriving
from and being shipped to Europe at
the same time, the former movement
pelnS an artificial one profitable only
on account or the premium referred to
aooVe.
Inc absence of selling pressure and
Improvement OF prices for Americans
IN London caused a covering of shorts
ana some buying by the smaller traders
during the early part of the week. Lon
uoh purchases were, however, on
limited scale and represented the clos
Ing OF professional bear accounts in
'hi't market, and at the close of the
week the tendency abroad in regard to
our stocks was less favorable
DuN'S REVIEW OF TRADE.
new YORK, Jan. 17-R. G. Dun &
Companys Weekly Review of Trade,
Whlch issues tomorrow, VIII say:
The situation could hardly be more
perplexlng Tor business men. Practical
merchants, manufacturers or bankers
can nave little sympathy Tor those VINO
minimize their difficulties None doubt
that the government will raise money to
| meet lts obligations, but how far the
| money market VIII be disturbed or the
| treasury reserve first diminished no one
can say. The business world can not
| know as yet now FAR foreign questions
may upset calculations. though there
| seems every reason to expect peaceful
settlement.
| 1t can not know what may be the
uutes on any OF the important imports
| month hehce' whether imports are
iiheiy 10 exceed exports and draw away
| sViu, "hether the defclt or revenue Will
continue OF what other taxation VIII
pe ieVieu' Inc iallure or the senate to
take any acuon upon the financial
measures proposed by the president or
'nose passeu by the mousse atfects unfa-
solapiy All branches OF business. I'm
uei such ADVERSE circumstances 1t Is
aotuahy encouraglhg that the shrink
age III transactions and resulting in
| coihihercial disasters nave not been
greater But -FOUR large failures within
uay OF TWO indicate that the same
| cohultloh can not continue without
"hueh embarrassment.
opecuiatioh In products was not very
| aetiNe anu wheat was practically I'M
| Snanseu' thoush Atlantic exports for
."o Weehs 'nour included as wheaD,
maNe oseh f'ioo'iso pushels, against A.
1'o,ioo iast year. wheat receipts still
make snort crop productions ridicu-
lous, amounting for the two weeks of