New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-11-05
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from First Page.


receive receipts certificates. which can be used
only BY members Of the Clearing House in pay
ment Of Clearing House balances. Under the
National Bank act such receipts. as are similar
receipts for legal tenders. are available for use
in the reserves Of banks AS the Treasury Is
not now issuing gold certificates. the Clearing
,,ouse gold receipts have proved a great con-
venience besides saving extra labor Banks can
at anv time withdraw gold from the Clearing
House vaults on presentation Of receipts.
GOLD PAID AT THE CUSTOM HOUSE.
contribution to the gold element in the situa-
ton was the use of gold in the payment Of duties
., Tho Custom House The first amount handed
q, in gold which was the first payment OF any
Mind for the day, was 1,2OO. This was more
GOLD than has been received altogether at the
custom House in the preceding sixty days. Sub
seouent gold payments made the days total
$1,000 1t was stated at the Custom House tnat
many goods held in bonded warehouses were
,aken out for consumption. whereas, had Bryan
hsen elected they would have been returned to
the countries from which they came
There was a story that owing to the scarcity
If bills there was a small premium on green
hacks No one could be found who was willing
10 pay premium No.
Tue commercial price Of paper fell from I'D cents
% c4o cents an ounce which made the puliion
,aue Of the silver In n silver dollar 49SS cents
Silver bullion certificates on the STOCK Exchange
sold as low as Ga. cents .
c.erlnr exchange had sharp fall. Demand
exchange upon which gold imports are based,
.ra which on Monday was 4S3is to 4.s5&. wac
~ro,sd at 4S3ta TO 4S4. This rate was consid-
rod n hermit of gold shipments from London TO
Xou,-york At a profit A vast amount OF ex-
.,os which had been boarded was thrown on
,h.market A calculation made by ar exchange
,o,ss was that the boarding of gold aside from
,,o ranks amounted to $1OO0O0.OOO. and the
...rd,np OF exchange to $JO.OOOOO0 more III
,ras estimated Furthermore. that SJoW"'o" III
calls on gold had been sold. The Majestic which
sailed from Liverpool for New-IorK YESTERDAY,
l has $500 600 in gold on board. OF when S-ooV"
4 Is for Heidelbach. Ickelheimer & Co, ana Sow
os, ,or Kessler g. Co In addition. S"o0.OOO was
Withdrawn from the Bank of England for SHIP
ment to NewYork.
A RISE IN WHEAT.
There was lively day in wheat as We'll as III
stocks The opening price for December wheat
twbeat deliverable in December was S5's cents
or exactly . cents q bushel above the closing
price on Monday. There was an advance 10 81
after which there was drop to S2's. ana theh
a rally to S3ls cents at the close The net gam
for the day was accordingly lie cents pus u'
When business closed on the froduce En-
change at $50 o'clock, Baynes o'th i.esni' ,,
Band was brought on the floor 1or ceieoid ''olI
Of the sound money victory. With fiags waving
and singing the words TO the tunes which , Wv
band played the members OF me EAei ,"ansS
marched round and round the immense poaru
room with Henry G.. McCord, the president vi
the Exchange at their head. Inc gaiei! was
filled with spectators. The jubilee was .f kepa up
for half an hour. after which the PROCESSION
filed out and marched through Beaver,st: 20 me
Cotton Exchange. The band played Dixle
and Down Upon the Suwanee River. Inc Coz
TON Exchange members joined the process
sion which next gathered In the SoHee TX. TX,
change members. and then proceeded 10 the
stock Exchange in Broad-st.. where its numbers
were swelled 10 fully LOO. The procession
picked up the Consolidated Exchange contingen,
in Newest after which 1t marched cheering ana
singing patriotic airs through Wall Nassau ana
Cedar sfs 10 Broadway and thence back 10 the
Produce Exchange Large crowds Followed the
yaraders and the whole scene was one OF great
enthusiasm o,,
THE expression was general in the financial
community that the election of Mckinley and
the triumph Of sound money cleared the way
for complete restoration of prosperity in this
country
MR. SIMMONS HIGHLY PLEASED.
j. Edward Simmons president Of the Fourth
National Bank, and president Of the Clearing
House VIII, has been a lifelong Democrat said:
The success of Mckinley and Hobart relieves
been most severe. and gives assurance TO all OF
the maintenance Of our Government the basis
OF law and order and the payment Of all its obl-
cations in the best money of the world. This Is
triumph. not Of party, but OF principle: ana
every good citizen should congratulate himself
upon victory which can only be most Denencldl
10 all ! believe that the triumph Of sound
money. the population Of financial heresy and
OF anarchistc doctrines will be of lasting benefit
10 the country. II puts the stamp OF popular dis-
al he diSrcDutdDle
Bryan faction to stir up class and sectional feei-
ing The Sound Money Democrats have proved
themselves 10 be patriots in this great Crisis IN
our countrys history and the result shows that
they have disregarded all party alliances ana
have given loyal support 10 Mckinley and Ho-
bart. AS Sound Money Democrat, cannon
agree with the high protection principles OF the
Republican party; but am mos; grathed at the
election Of Mckinley and Hobart. who from the
beginning have had my earnest support. ! have
had firm and abiding faith in The intelligence
and honesty OF the American people. and nave
felt that they would favor and adhere to a dollar
that Is worth 100 cents in every market OF the
world and that they would gladly and enphati-
cally refute the statements Of the Bryan Alleged
Tillman anarchistic mob, who have proclaimed
that the masses would declare for National ais
honesty. Every good citizen owe debt or pro-
found gratitude Mark Hanna for his ape
generalshlp in the conduct OF this glorious cam
pagn, and for the arduous personal services ne
has rendered In his successful efforts to save the
country from a band Of regulators ana Anar-
chists The result Of the election VIII be the I'm
mediate restoration Of confidence, the resuihp.
lion OF business and the beginning OF an era Oh
prosperity in this country the equal OF when mas
never before been seen"
Mr.. Simmons sent the following dispatch 10
Mark Hanna:
Every good ci,izen owes you a debt OF pro-
FOUND gratitude for your able generalshp III the
conduct OF this glorious campaign. and we All
nave occasion TO rejoice that our country mas
been saved from a band OF regulators and An
archsts As Sound Money Democrat. tender
you my thanks FOR your arduous personal serV-
Ices. and | congratulate you on the overwheim-
Ing success Of Mckinley and Hobart. who have
had my earnest support from the beginning
Mr. Simmons also sent dispatch as follows
TO Governor-elect Black in Troy. which Is Mr.
S!mmons's native place:
For the first time in the history Of this coun-
Try Republican candidate for Governor has