Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1896-01-18

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coin.
An engagement Of $3.50, 900 In gold
coin was made by s. F. Smithers g. Co..
the probable disposition Of this has
not been learned, but the order ia al
legged to have been traced to the bank
of New York. Officials of the institu-
tion named would Eeither confirm nor
deny the reports.
1t was rumored that large aggregate
amounts OF gold had been deposited at
the su b-treasury in exchange for green
backs. The only definite information
that came to hand on this point was
two deposits of 100000 each, one by
Zimmerman and Forshay, bullion deal
ers, who have been importers OF the
precious natal, presumably in behalf of
the Morgan bond syndicate, and the
other by the Mercantile bank of New
York.
WASHINGTON, Jan. S-The treasury
today lost 81, 163,0O0 in gold bars and
81 ,096,OO0 IN gold coin and received
from the Mercantile National bank of
New York, $4,000 in exchange for
currency making the net loss for the
day S2,759,OOO. This leaves the true
amount OF the reserve at the close of
business S0S, 326 40.
In tinaacial circles here the fear is
expressed that today's heavy Withdrawals
are but the beginning of heavy ssexport.
1t is recalled that during last January
withdrawals amounted to about S45, OOO,-
600, Of which S3O,OOO,OCO were with
drawn within two weeks and over 81, 000,-
eco in one day.
The fact that thirty days must elapse
before the new iesue can be closed and
contracts awarded seems to add to the
anxiety heretofore felt and in some
quarters the opinion is expressed that
before February first the gold reserve
will probably be reduced considerably
below any point reached hitherto.
CHICAGO, Jan. S-The Posts Wash
ington special says: The fears enter
tanned on the gold reserve bid fair to
os realized. Information was received
by the treasury department today that
orders for the importation of gold had
been cancelled and S3,000,C GOO would 60
out by tomorrow's steamers. But that
is not the most disquieting feature of
the situation, as private advices from
New York tell of large Withdrawals for
domestic sequestration.
Attention is called to the domestic
drain on the reserve by the refusa,s OF
the officials of the gu btreasury in New
York to give information as to the ex.
tent OF the Withdrawals. This silence
seems to be producing an effect oppo-
site to what was intended and 'sc8re
dispatces" poured into Washington
this afternoon from Wall Street agep-
es asking for the latest about the
treasury situation.
Ii reports from New York should be
confirmed by later sdvices it is not i'm
probable the secretary Of the treasury
may be forced to abandon bis popular
loan programme and make another
syndicate deal within ten days or two
weeks to protect the reserve against
annihiliation. The reserve will be down
to S5S, 100000 tomorrow night on known
figures.
BOULDER, Colo, Jan. 9-Intense ex-
citemert prevails here today, over new
discoveries 10 the gold fields of Bowen
South Boulder and Magnolia. Rich
strikes have been found only q few feet
deep. The prospectors are wild over
the outlook and a great boom seems to
be coming.
New YORK, Jan. 9-United States
District Attorney Mcfarland filled
bill OF complaint in the United States
circuit court today against the thirty
two railroad companies forming the
joint traffic association. Mcfarland also
gave notice that on January IL he would
move for an injunction restricting the
association from operating under the
agreement.
CHICAGO, ILL.,, Jan. 9-Ihe travellers
Protective Association have taken hold
of the proposition to secure another
member of the present cabinet in shape
of Secretary of Commerce who shall
look after the manufacturing interests
of the country.
CLEVELAND, O., Jan. 9-On the Akron.
Bedford & Cleveland electric railway,
near Bedford, shortly after o'clock
this morning, a heavy motor car, and
another car, p 'unged through the bridge
over Tinkers' creek, hurting a large
number of passepg gers, seventy-hve feet
into the chasm beneath. Two men were
instantly killed and q number seriously
injured. The killed are: William
Young, of Cuynhoga Falls, o., body ter
ribly mapgled, and D. F. Haymaker, Of
Gallon, o. The injured are: Charles
Glib, leg and arms broken and internally
injured. 1t is generally believed that |
the cars jumped the track and the jerk |
ing cause the iron girders of the bridge |
to snap.
HELENA, Mont. Jan 9-Bur eigh has
been appointed sole receiver OF the
Northern Pacific.
WASHINGTON, Jan 10-Pritchard, rep,
n. c., called up in tie senate today the
he offered to the revenue
pill to increase the duties Oh certain
kinds of clay, marble, iron, ore, timber.
i've stock, cereal, fruits, wool and coal
lie favored the reenactment of the Nc
Iinley law and free coinage of silver.
lie denounced southern democrats for
heir recresncy to their own section.
Their tariff law had brought unexsmpl-
ID prosperity to New Eugland manufac
urers, and bankruptcy and ruin to
and producers in the south.
Wnen Pritchsrd finished, Hill of New
FORK. chided the former for inconsis-
ency Of his state, North Carolina.
White, of California, consumed the re-
neinder of the time befgre expiration of
be morning hour with speech in favor
f some practical notifications OF the
enate rules. He did not mind words IN
is characterizations of the rules and |
opciapt 6ntinpcv tbav par1a.u.taJ |