New-York tribune., 1897-08-11
WALL STREET AND EXCHANGES.

WALL SIREET AND EACHANUES.
Collector Bidwell has sent to Washington the
domination of jeremiah NJ. Wood for the place
~ cashier OF the Custom House. vice w. l.. North
rup. resigned. Mr. Wood was selected from among
four or five applicants. by reason of his special
fitness and qualifications gained through long ex-
pssrence in places Of similar nature. Mr..
wood was appointed clerk to Postmaster James
ment clerk April, ISL by Postmaster Pearson; In
1888 he was again promoted to be chief clerk In
of the Registry Division in 1890 by Postmaster
Van CS During The entire III STERN terms % OF
clerk. having charge of all records relating to ap-
70 the Civil service Commission For twelve years
ne made the quarterly count OF all stock on hand.
cards etc He also Postmaster
Van Cott and made the count on the turning oyer oyer
Cott He resigned owing TO political differences,
There appears to be abundant evidence that no
matter how long gold imports may he delayed.
there will be further exports Exchange rates
have dropped to the lowest point in many months.
An advance in time money is naturally calculated
10 weaken exchange. for there is disposition on
the part of foreign houses TO short of exchange
now that some kind of rate can be obtained
sret for mGnfS here cannot fail to end impetus to an
advance in the London discount market. which is
Exchange II is expected that within the next week
or so the discount in the open market in London
England rate. This week four months loans have
been made so in Week s Rsr months
at per cent. In some cases sxy-day loans have aye
mse at Psp oney esn the set in
the demand for use in the stock market For an
begun This is the season when currency transfers
should be fairly large The large cotton crop this
wear will require good deal OF money for It's
movement.
u
day from Saratoga a strong believer in better times
and higher prices for securities. THE stock mar
ket" said he lis all right Reactions are bound
10 occur because they are incidental to every up
ward movement. but there are no changes In gen gen
more favorable every day. So Ions as wheat Keeps
going out this will be bun market. ana wheat
has only begun to move"
A printed statement that J. Pierpont Morgan had
transferred option on a large block OF Lenigh
Valley Railr I'd stock TO the management of the
Central Railroad Of New-Jersey was authoritatively
denied yesterday.
Following is an extract from letter to Schwartz,
Dupee Co.. dated Paris. July p: There Is no
truth in the rumor that duties on wheat will be
reduced or abolished This matter has not been
spoken OF by the French papers Americans do not
seem 10 believe In these large European shortages.
and apparently trust more TO their own Government
crop estimates than those Of European countries.
While it is certainly logical that an export coun-
' pd7 is Gonns PS to to
plv on account of self-pTotection. French millers
Yesterday and to-day bought several hundred thou
sand metre centals OF red winter wheat for Au-
gust and September Shipment
There is a female barber in Wall Street. She
appeared Yesterday behind n chair in Charles Ru-
dolph's barber shop In the Tower Building. at No
30 Broadway. She too shy 10 tell her name
but she was called Pauline by the boss Of the shop
She is a blonde twenty-three years old, with blue
eyes. and is goOd-looking She saia she came from
Cincinnati. She said she willing 10 receive
newspaper attention far as her ability 10 snave
and cut hair concerned but not otherwise Sne
kept busy all day.
Colonel Josiah c. Reiff for many years connected
with Woerisholer & Co., stockbrokers No. 80 Ex-
change Place has severed his relations with the
firm and gone to Bar Harb0r for a vacation.
1t was authoritatively denied Yesterday that the
Vanderbilt interests would be bidders al the COM
ing sale Of the Union Pacific. Chauncey NJ Depew.
who is at Newport, said that the Nanderbilts did
contemplate any consolidation OF interests with
the Union Pacific.
tom House employees over the alleged fancy prices
charged by Johnny" Reisenweber the new caterer.
The employees contend that as Resenweber gets his
rent fuel light and other things free. he ought to
make the prices OF mis- yiands and liquids within
their reach They say his charges are as high as In
the more expensive restaurants ana cafes IN lhe
Collector Bidwell TO inercede with Reisenweber and
haV him reduce prices.