davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30

ITHACA. N. Y. Oct 29.-Stephen s
Gregory. fellow in civil engineering at
Cornell University. who returned this fall
from the University of Texas. was found
dead q little after O'Clock tonight A
reporter was told at the house that Mr.
Gregory committed suicide by taking potas-
stun cyanide. His home was in Siaughts
Cal. until recently. when he had been in
Texas. The deed il is stated; was due to
dependency brought on by worry and
oyerwork. He was about twenty-one years
old. He left letters TO his mother and Nj
w. Roe, feliow-student. The one TO his
mother indicated that he had decided on
killing himself because he felt that his
nerves we're weakening.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
One Killed. Two Fatally Injured.
Wreck and Fire.

WAPAkONETA O.. Oct. ga dsas-
trous collision happened on the Cincinnati
Hamilton & Dayton railway tonight The
through last freight train ran into three
loaded ell car ta1ks. which We're left on
we're set on fire by the engine and the en-
gine and abo1t twelve loaded freight cars
burned. The engineer fireman and bra ke-
man cannot be found and are supposed to
be in the ruins. The wreck and fire are
near the Manhattan Oil Companvs pump-
ing station, and it is in great danger Tho
Manhattan pumping station is on fire and
viii be a complete loss.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
LEPERS At LARGE.
Escape of Two Chinese from the North
BROTHERS. Island Colony.

NEW YORK. Oct. 29.-'Ihe World to-
morrow will publish the following: There
were only five men in the leper colony on
North Brothers Island. Two of them were
Cinnamon, Long Dong and Sam Loo They
escaped Wednesday night They were
about the worst two cases on the island
but they were given much liberty. When
the day orderly visited the leDer quarters
at a. m. yesterday the Chnamen were
gone. From ali that could be gathered
Long Dong arranged the job and had per-
fected his plans to get him and Sam Loo
back to China. They waited for a favora-
ole opportunity to escape. Long Dong had
money TO bring Il about"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
Preacher Bic,cIist rniured.

HAMILTON, Ont Oct. 29.-Rev c. r.
Whitccmbe rector of ST Matthew'S Church
and Commodore of the Victoria Yacht
Club, was seriously injured tonight while
riding his bike near Winona- He collideu
with farmers rig. He was brought to
the city hospital. His hip is broken and
il is feared he has suffered internal inju-
ries.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
CHAPLAIN M'cABE SUNG.

lie Assisted I'm the Big Meeting Held
by the Union Generals.
PITTSBURG. Oct. 29.-The Union gem
erals arrived here about noon to-day s.nd
were met at the station by a committee OF
veterans. who escorted them 10 the Hotel
Duquesne. This afternoon a public recep-
ticn was held. and this evening the generals
attended a camp fire at Exposition Hall
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30

WILKESBARRE, Pa, Oct. 2q.-An expIo-
sion of gas occurred in No. 3 Baltimore
mine tonight. Anthony Ritszi a Hunga-
rian laborer was killed and James Con-
way Thomas Lochman and two Polanders
badly burned.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
AN AMERICAN POLICY
Mckinley Says, Is What the ceople
VIII Vote for Tnc.dax

In response to ]. B. Tempeton. of Swan
ton, O., and ]. c. Venier. of Butler, Ind.
who spoke on behalf of Fulton and VIII.
Jams counties, Ohio. and northwestern IN
diana Major Mckinley said:
My Fellow-citizens-Y Your call upon me
this afternoon from two great States of
Continued on sixth PaEe1
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30
MoNoN ROUTE
Louisville, New Albany & Chicago Railway.
SHORT LINE TO
CHTC CAGn THE WEST
SA1SAOO AND NORTHWEST

Pullman Vestibule Train Service.
Trains daily at 7:o0 a. M, 1886 p. m. and 1856
q. IN.
Arrive Chicago 1900 noon. $40 p. m. and 7:aO
O.. m.
Leave Chicago daily 2:45 a.. m, 1850 a. and
S:5S p. m
$50 q.
Chicago Sleeper at west end Union Station
reacy at $50.
Detailed information at Unicn Station and No.
. W. Wash. st. GEO. w. HAYLER, D. p. A.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-30

Continued on sixth PageJ
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
OBITUARY.

Henry Chapman Banks, brother-in-iaw
OF Mrs. John Cussons, OF Glen Allen. Va,
aged seyenty-three years. passed away on
Tuesday. March 2ith. AS announced in
the dispatch last Sunday. Brother Banks
met with an accident by falling down
the stairs at his home, No. % west l33d
street, which disocated his shoulder, and
caused him much suffering and subse-
quently his death. Few men In the fra
ternity were better known than was
Henry c. Banks. lie was born at Hen
dersOn. Ky, July 10. lS-2. His father was
Rev. Daniel Chapman Banks, an emf
nent divine who founded the First Pres
byterian church, at Louisville. Ky. The
subject OF this notice graduated from
Pennsylvania University, Lexington. KY,
IL ISL, with high honors. After prac-
ticing a few years at the bar or Kentucky,
lie removed to this city and since 1850
has been actively Nngaged in the bust
ness OF his profession. For seven years,
during the early part or his residence here.
no was assistant attorney 10 the corpora
ton, and took a prominent part in he
local politics OF that time.
An early historian said OF him. "Our
distinguished brother possesses In a very
marked degree certain traits which Free
masonry extols-a born keeper Of secrets;
faithful To duty IN every relation OF HE,
neya. assuming responsibility he IS un-
able 10 perform, or once having assumed.
negiecting II: never urging others where
he dare neither lead nor follow; with
self-restraint as great as self-reliance;
possessed OF an air OF ease and careless
ness; yelling a life OF work and watch
fitness; keen and intuitive in thought.
seeming the approach OF danger; firm and
progressive in his views, hearing all ideas
with patience, while mindful of results"
Those who knew Brother Banks intimate
ly will lat once recognize this truthful
picture drawn OF his character. Ills acts
were those actuSted by heart that beat
I'm sympathy with hts fellow-man, and
were performed In manner SO modestly
that truly his left hand Knew no. what
his right hand aid. lie vas a friend
IN its truest srrge. nan Of farm afIec-
ton and strong attachment
Ills Masonic life began in 1878 whom he
was raised in ST. Johns Lodge. NO. I.
OF this city In 1857 he affiliated Vita
Pacific Lodge, 2s3. and served as Master
in 1859. In ls6o-'si and 81. he was Dis
trict Deputy Grand Aasess af the then
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
FINANCE AND COMMERCE
1HE CLOSING oUO TATIONS or
MONEY.
onerirgs and Sales nj the Eichmo"d To-
bacco l,cI,ancc- Internal Revenue
Coilcctions-Toreign Advices'

NEW YORK, April li-stochs were
d,u ana neglected to-day. the sales ior
tho two hours Of business footing UP
Tho ,ncarrc total Of $3.50 shares. sugar
which was the most active stock on tne
llet was traded In 10 the extent or ohiy
: COO shares. and Northern Iacihc, "hlcn
WIS second IN point Of activity, hguien
FOR but 400 shares. IL goes without
saving that the trading was wholly pro
fcssional On its character. The market
vas inclined 20 work higher, the oher
81 thc Presidents friendly services 10
snsin in Cuban matter having been favor
ahlv construed by the trading element.
The Government crop report Tor April
which showed that the condition or the
winter wheat was III, against Sl.4 last
year and SCI IN 1894. had no influence.
The Changers. In fact, were dlghty
hicfcr all around on statements that
the growing wheat west OF the mlssis.
sippi had not been seriously injured ana
that conditions had improved since the
first of the month In the Industriais
Sugar was the feature. and rose 70 IIVN,
Chicago Gas moved mp 10 O~it, General
Electric 10 $751;. Tobacco TO -. and the
preferred to GIGS. The market closed
dun and firm. Net changes show ad-
yances Of is0s. per cent. in the general
list and isglN per cent in the dndus,
trials. The bond market was dull ana
easier Sales footed mp S54s.oOo
Money on call is 303i9 per cent; prime
mercantile paper. 5i416 per cent. Steri-
ina. exchange steady. with actual bust
ness I'm bankers bills al 4s1a+0iSS for
sixty days and 4SSAa4s9 for demand:
posted rates. 4SSig14S9i3: commercial
ils. 1857, WfS7is Bar silver. Gsls- Gov
eminent bonds firm. State bonds dun.
Railroad bonds easier. Silver at the
board was neglected.
Treasury Balances: Coin, N2I6l2'OCS'
currency SSgGfS DDS.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12

No. white. May. 25hc. Spot prices:
No. 2. 254c.; No. white. 26hc.; mixed
western, 2J42Gc.
Hay firm; shipping. 7Ja77lac.; good TO
choice. 9Jc.m5l.0O.
Wool quid, firm, and unchanged.
Beef dull and unchanged: beef hams
quiet at S145o0f50O; tierced beef slow
and steady; city extra, India mess. $1,000
n155o; cut meats quiet and unchanged.
Lard quiet and firmer; western steam.
s5.32i5. nominal; city. $3.50; May. s5.37h
Refined dull: Continent. $500; South
American. 5000: compound, siG2i4I4.75.
Pork quiet, steady. and unchanged.
Butter fairly active, steady, and I'M
changed.
Cotton seed oil dull. steady. and I'M
changed.
Rosin firm and quiet: strained. COM
mon to good. $l.7J4l1Ii5
Turpentine dull and steady at 2sl5ll29c.
Rice firm and unchanged.
Molasses firm and unchanged.
Peanuts quiet and unchanged.
Conee steady and unchanged TO points
up: May. $l2.s5d12.9j: June. $3.50; July,
si21O: September. sll.2Ggl1.25; Decem-
Der, 5000: March. 5000. Spot Rio dull
and steady; No. Z. $3.50.
sugar-Raw firm and dull; fair refining,
&c, Refined active. firm. and un-
changed.
Freights TO Liverpool quiet; cotton
steady: cotton, by steamer, lied; grain,
by steamer, Id.
Southern fresh fruits and vegetables
There is the usual Saturdays light trade
and no material change in prices.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
CHICAGO MARKET.

CHICAGO. ILL, April 1.-THE specu-
Iative axiom that the unexpected always
happens found verihcation in the wheat
market to-day For days and weeks the
trade has been looking forward TO and
conjecturing on the Government report.
1t was conceded long ago that the con-
dition as figured by the Agricultural
Department. would be low but there
were few who anticipated the extremely
poor showing yesterday. II was natural
TO expect a big advance on tho estimate
given, so that the slump which took
place to-day was a startling surprise 70
everybody 1t was explained only by
the too much unanimity which existed
on the bull side Al classes of traders
were loaded with wheat, and when first
ono andl then another attempted TO
realize, the absence Of support became
all the more manifest in the absence Of
a short interest. The market opened
up with an advance OF Tsc. over yes
terday on the curb after the Government
report was Issued. From the start tho
weakness was evident but In the last
hour of trading the break was the sharp
est, tho close being but a fraction over
the inside figures OF the session. May
wheat opened from ees.e. to o6i4c., de-
clined to G4i5c, closing al 64asc, &c.
under yesterday. Cash wheat was weak
and 1c. per bushe lower.
Corn was quiet and unattractive Inc
good trade in wheat ard the sharp ac-
ton OF pfices IS that market distracted
the little attention that IS usually be-
slowed here. The reverse OF prices WAS
the same I'm corn as in wheat and was
governed fairly by the latter. May
corn opened at 30g3O1sc.. declined 10
29sta2ol.c, where II closed. hN'Sc. under
Yesterday. Cash corn was easy and
We. under yesterday.
Oats developed nothing particularly In
teresting The tone merely reflected
that OF wheat, whilst the business did
not extend beyond moderate proportions.
1t is said that heavy long interest has
been created IN oats, and tho specialists
in this grain are endeavoring TO looses
the holdings, with view OF precipitating
a decline May oats closed Ac. under
yesterday. Cash cats easy and hc.
lower
Provisions-Room for improvement in.
a business way existed In product, al
though a moderately fair business was
transacted. at comparatively steady
prices. The opening advance in wheat
and a better tone in the hog market
tended to strengthen values. but the
demand was not imperative. hence the
failure Of prices 10 appreciate TO any
remarkable extent. May pork closed
7ladl0c. higher than yesterday, May lard
unchanged. and May ribs 2Ilc. lower.
The leading futures ranged as follows:
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
TOBACCO EXCHANGE

Richmond, Va, April H. IS03
Private sales reported to the secretary
OF the Richmond Tobacco Trade to-day:
Wrappers. 4 hogsheads; leaf dark. q:
Tugs dark. 3. Total. IL hogsheads.
Private sales reported 10 the secretary
OF tie Richmond Tobacco Trade for the
week ending to-day: Wrappers 2s hogs
heads; filters, 81, cutters, q, smokers, II;
leaf (dark). Ia. stems .; western. II:
Tugs dark, "a; burleys, -, scrap (brlghD,
s. Total. 323 hogsheads.
The tobacco inspector reports light sam
ping to-day and for the week ending
to-day.
Inspections Bright. 81 hogsheads; dark,
100 hogsheads and 81 terces; western, 5
hogsheads Reihspectons - Bright, So
hogsheads and l fierce; dark. 30 hegs-
heads.
Total inspections for the week ending
to-day, 1913 hOgsheads and % tierces:
total reinspcct.ons Tor the week ending
to-day. ISL hogsheads and ! fierce. Total
sampling for the week ending to-day,
374 hogsheads and 81 tierces.
Myers. Alleg hany, Farmers, Crenshaw s,
Seabrooks, ShockOe, and Old Dominion
tobacco warehouses. report to-day: Re
ccipts 46 packages; deliveries, ~ pack
ages.
The Same tobacco warehouses. with
Vaughan's Shelburne's, Jones. Meals,
Davenport's, Planters. Frankiin-Street
Williams * Rehrlings'. and Ellison's add
ed. report for the week ending to-day:
Receipts, S41 packages; deliveries, 5OS
packages.
Excess Of receipts over deliveries for the
week ending to-day, IS packages.
United States internal revenue collec-
lions on tobaccos for the city OF Rich
mond. Va, to-day: Cigars and cigarettes.
S2l5. 50; plug tobaccos, sl,O49.S-. Total.
ST. 26j.37.
United States Internal revenue collec-
tons on tobaccos for the city Of Rich
mond Va. for the week ending to-day:
Cigars and cigarettes. $4,000; plug to-
baccos, S1l,OsC.Os. Total. Sl9,55202.
Sales OF dark loose tobaccOs on the
Richmond. Va, breaks for the week end.
Ing TODAY: Shockoe warehouse sold $3.50
pounds: highest price. sr.J0. Crenshaw's
Warehouse sold II sos pounds highest
price. 80. Total sales Of dark loose
tobaccos on the Richmond, Va, breaks
for the week ending to-day, 1855 pounds;
highest price. Sl4 80.
A general meeting OF the Tobacco Trade
OF the city OF Richmond Va. IS called
for Monday. April IS. 1896 at Il NJ, by
order Mr. William Il. Hancock, president.
Reports OF special committees appointed
by order OF the trade and other important
business is TO be considered, and IL Is
hoped that there will be a full attendance.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
NOT THE JEFFERSON
Although the Alarm Was Turned IN FROM
the Private Box In That Hotel.

Great excitement was created yesterday
afternoon all over the city by an alarm OF
fire. turned in at about 4:So O'Clock from
box 1g3. and large crowd OF people
hurried toward the West End. The box
above mentioned Is located IN the JeI-
ferson Hotel. hence the interest mani
tested in the alarm.
Three steamers and two. trucks mum
dered up TO the JefferscS ana the hre'
men craned their necks. expecting every
moment TO see flames bursting from the
beautiful windows.
Rut they didn't burst. The real flames
we're a block of. In the apprehension
OF Jarvis * Glenn. located on cary
street. near Jefferson. The fire was a
trialng affair, and quickly suodued.
The Fire Department people deprecate
the practice OF turning In alarms from
the prtvate box OF the Jefferson, when
has happened three times. This alarm
calls out more steamers than from an
ordinary box, thus entailing more ex-
pense. In the case or the nre yes
terday afternoon, the alarm should, they
saw. have been turned in from the box
located at the corner or Jefferson and
Canal.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
NAVAL STORES.

WILMINGTON. n. C.. April 11.-RosIn
firm: strained. $40; good strained, SLAB.
Turpcntine steady; machine, 25tc.; ir-
regular. 2i9.c.
Crude Turpentine-Nothing doing.
Tar steady at yOc.
CHARLESTON. 5. c., April 1i.-Tur-
pentine firm at DC; sales 10 casks.
Rosin firm: sales, 400 barrels Quota
lions: b.. c.. and D.. $40; L., F.. and
G.. $50: H., sl55; l., s15j; X, s1.C0;
NJ. $40; ~. $50; W. G., S1.9J; w. w.
s2C5.
SAVANNAH. c.. April 11-Turpentine
firm at 25l.c.; sales. LOO casks; receipts,
617 casks; stock, 100 casks.
Rosin firm at the advance on low
grades sales. 1900 barrels; receipts,
1,7St barrels; stock. 12i,9si barrels QUO
tations: A. b.. c.. d.. T., and f., $3.50;
g. H., and l.. slJj. X, S170: NJ, yl.sO;
N, Sl0O; ". G.. s2.25; W. W, S215.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12

UNION STOCK YARDS. ILL, April
1l.-Cattle: Receipts. 800; market
steady; common TO extra steers s.. 500
400 stockers and feeders, S2SO93 %
COWS and bulls. sl.50q3.00; Texans. S225
Q410.
Hogs-Receipts, 1900; market DC. high
err heavy packing and shipping lots,
81. 6J6l3s common TO choice mixed. $3.50
$500 choice assorted, S30qi00; pigs,
S3.Oodi4.OO
Sheep-;,eceipts. eco; market steady;
inferior TO choice. S2.7Jq3. 50: lambs. 400
GAO.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12

HARWOOD.-Died, suddenly. at his
residence in Highland Park, Friday, April
10th. at 10 +. NJ, CHARLES W. HAIR
WOOD, In the slXty-frst year or his age
Funeral from Highland Park NJ. T..
church SUNDAY AFTERNOON at 4 r..
NJ.
BOWLES. Died. Saturday, April IL,
1896 at A. NJ. at her residence in Hen
rico county, Mrs. CLARA +. BOWLES,
relict OF the late John Bowles.
The funeral will take place from ST.
Marks Episcopal church SUNDAY, April
18th. az =. VI.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
ST LOIfIS MARKET

ST. LOUIS, MO. April 11.-Flour weak
and unsettled patent. S3G5697j; extra
fancy, s3.3Jq345; fancy, s2.9Od3.00.
Wheat lower; April, 5sssc., nominal;
May, 594c. July, Gle. asked.
Corn lower; April. 26s4c., nominal; May.
2Ca.c.; July. 27s4c. asked.
oats lower; April, lsisc.; May. 1870.
asked: July, 19c.
Pork-Standard mess, new, 1915; old.
SS.25.
LarG-Prime, s4.S5; choice, $3.50.
Bacon.-Shoulders, $500; longs. $500;
clear ribs, sos; clear sides. s5.37iA
Dry Sailed Meats-Shoulders. $3.50;
longs, sf75; clear ribs, S4.75; clear shorts,
s4s7l3.
High wines, S122.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
BALTIMORE MARKET

BALTIMORE MD. April f1.-Flour
firm.
Wheat dull and higher; No. red spot
and April. 73A473i2c.; May, 72d72Lc.
July, 71AU7lI5c.; southern. by sample
769ISc.; do. on grade, 73H76c.
Corn steady; mixed spot. April, and
May 35BQ35c.: June, 3j4o. bid July,
b5kQ3do.; steamer mixed, 55l4G335c.:
southern white. Boo. bid; do. yellow,
35l5c. bid.
26iac.; No. . mixed. western. 24nd25c
Rye easier; No. .. near by, 41Q42c. /:
western. 43l5c.
Hay firm.
Grain freights slow.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
f,orn market quiet and unchanged.

Corn market quiet and unchanged.
oats quiet and steady; No. 2 mixed.
&c: No. white. 22lsc.
Pork firm; mess. 800; clear mess.
1000.
Lard quiet: steam leaf. $3.50: kettle
lard. $3.50: prime steam. 800.
Bacon quiet; loose shoulders. s5.25; loose
short ribs. ;J2J; clear sides. sJ.37Ia: bel
lies, $3.50.
Dry salted meats steady and quiet;
loose short ribs. s4.S7ia; short clear sides.
500: bellies. ;J12il; boxed meats hc.
more.
Butter active and steady; fancy FL
gin, 20c.
Whisky quiet at s1.22.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
Cirruif Court.

In the City Circuit Court yesterday
Judgment was rendered for the plaintiff
FOR s326.37 in the suit of the Wolworth
Manufacturing Company against the
Courtney Supply Company.
The petition OF West, Johnston & Co..
against the Auditor OF Public Accounts
was dismissed.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
NEW YORK DRY GOODS MARKET.

NEW YORK, April 1.-THE dry goods
market closed to-day with dull conditions
still prevailing at first hands. with a
quiet jobbing trade and with retail bust
ness less active than during Immediately
preceding days. There has been no
gain in values in cotton goods nor in
the woollen and worsted goods divisions.
but on the other hand prices can rarely
be reported lower than a week ago.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12

BALTIMORE. MD. April 1i.-Virginia
3's. new. 12i5 asked: Baltimore and Ohio,
III bid: Northern Central, 40 asked;
Baltimore and Ohio Southwestern iifsts
a7Is61O0: Consolidated Gas ytock. GHp
%: do. bonds. G's, 1l1@13k; CO. IS. 1Cg9.
0ilO4
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
Richmond, Va, April IL. 1896.

ItICUTIVIIUf ~ 4NFtI' TT N"'@'
Quotations: Wheat-Longberry. ~ 70
Sic: mixed, IS to Sic; shortberry' a To-
Sic: 40. . red. SIC.
Corn-White. Virginia, SIC; No. white.
9Oih 10 SIC; No. . mixed. SO TO 36l9c.
Oats-No. . mixed, 25i2c. No. mixed
24atc.; winter seed, p TO Doc.
Rye-43 TO 40c.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12
LONDON BAR SILVER MARKET.

LONDON. April 11.-Bar silver. 3Jhd.;
Consols. 1lO3i for both money and the
account.
. y. M.-Paris advices quite per Ctrt.
rentes at 1O1 francs and 70 centiines for
the account.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-12

NEW YORK. April 1.-The weekly
statement of the Associated Banks shows
the following changes:
Reserve, increase ..............S 925.2i5
I+""lS' increase ................. $4,000
specie decrease ................ $1,000
Legal tenders. increase ....... 1.GS0. 500
Deposits Increase .............. 1855. 200
Circulation, increase ............ So 500
The banks now hold sl7.03l $50 in ex-
cess Of legal requirements
NEW YORK, April 1.-THE New York
Financier says this week
The statement of the Associated Banks
Of New York city for the week ending
April nth. for the first time in sixty
days shows an increase in the reserve
together. the gain for the week being
nearly one million dollars. The banks
gained in cash again, according 10 the
report. Sl.2Gi.20O. the loss Of $ii6.GOO in
specie being offset by gain of 81 Csc. 500
in legal tenders. This result, in view OF
the changes incident 10 the week. was
not what had been expected. as the pre-
Aminary estimates placed the loss TO
she banks from sub-treasury operations
and gold exports at about two million
dollars. Tho net interior movement had
probably been greatly underestimate,
however. since the losses mentioned were
not only made up. but the statements
brings the banks out with one and a
quarter millions more cash than they
reported on hand at the close OF the
previous week The only inference, II
the statement is a correct average IS
that the interior movement made up for
the losses incurred in other transac-
TOYS The rising premium on New
York exchange at all interior cities is
plain evidence OF the drift Of funds IN
4
bound 10 increase under normal condi-
tions for some time 20 come. Just how
much money the New York market can
absorb from ali sources without a break
in current rates is an important ques-
ton az present especially as the ruling
quotations have invited larger offer
iugs OF funds. which stherwise would
have been exported. and which surely
VII go out as soon as the money market
declines.
The banks have been paying into the
treasury OF late part Of the Government
funds lent on deposits. the amount OF
the week being about two million dollars.
This money VIII be gradually withdrawn
from now on. The surplus OF tho New
York banks IS very unequally divided
az present, a few OF the larger institu-
lions holding the bulk OF the excess re-
serve. The next few weeks are destined
20 bring some important changes In tho
money market.
The averages shows the following com.
pared with the last two years:
Apl II. 90. Apl. 10. '05. ApLl4. 'o4.
Loans
s4o5.ei2. 400 ls4.o2s. 100 s4So.ese.4oo
sSsso0O @.sU.ooa 'oaoseoo