New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-10-10
GOLD IMPORTS COMING.
,oar THAN 100000 NOW ON THE WAY
HERE.
BETWEEN IS 900 900 AND $4,000 900 EXPECTED TO
LEAVE EUROPE FOR THIS COUNTRY THIS
vrEK-RIsE IN THE PRICE OF WHEAT
THE BANK STATEMENT DE

CLINE IN STOCKS.
&c now S6O5OOO0 in gold on the way
rurone to New-York. In addition TO
40 oon ana already received. From ST Thomas
80, ,,dies the steamship Fontabene yester-
w. hr,upht $4,000 In gold 1t is likely that
u"' ,,s-a between S5O00.000 and S1O,OU,oD
LA will leave Europe for New-York the
-, week. The fact that the regular eX-
- firms appear as importers of gold Is
s.',ao,,a that the import gold movement VIII
.,rra The movement, at least at present
:, .orducted at very small margin of proht
80 +, ,ronoseible to figure what this margin Is
80 douhtless il differs in different cases En-
,o,za AZ the moment is fairly strong, as re-
-. - +ba cold importations, but there is no
..oso, n sropose that the market will again
.,,,,s away from the gold point for some time
.. come II is considered probable that
g nnn 600 or more Of gold will be received eacn
week for the next TWO months.
The demand for exchange has grown lighter
-rbara has been steady though not large de-
r,.,d for remittance against stocks and bonds
cont here from abroad The supply OF cotton
h,us is as vet moderate. partly because OF the
Nav-0rlaans quarantine and partly because
Yirarnool mutations range below the Newly DIRK
rr,cas There is no profit in exporting cotton
a. nressnt. Grain and provision bills are IN
eair sunnlv but the largest increase in bills has
bAan from -four exports.
rha Custom House report showed that the i'm
-or,s ~ specie last week were 81 ii6 0l5 in gold
and Ss4e10 IN silver total OF S1.5lo625,
osainst total Of Sos 294 last week, and
50 271 6s3 in the corresponding week Of last
wear. Sine January l the imports have beer
IS q3f COL against S4GS5. 49, in the correspond
ing reriod asst year The exports Of gold and
silver from this port to all countries for the
week AGGREGATED 1854 931 silver bars and coin
and Sll So gold, a total Of Ss66.3u2. against
total Of SS9324O gold and silver in the same
week last year. Since January the exports OF
gold have been 1889 126 ana silver S34, 49, 100
against S5O9562 % gold and Sal ,UJt,269 silver
in the corresponding period Of last year
There was an advance Of y cent in silver yes
terdav 70 56s. cents for commercial oars.
There was an advance in wheat yesterday. on
the New York Produce Exchange December
wheat touched 96 cents and closed at "o1s,
gain of | i cent from Friday. October wheat
closed az 96as, or IL above Fridays closing.
December corn made a gain Of y cent, closing
at 343s cents. October corn also gained q cent
closing az 32$s cents.
There was a general decline in stocks yester-
day Some Of the net losses. comparing the final
prices with those Of Friday. We're American
Sugar. /; American Tobacco. ~ Bay state Gas
IL: Burlington and Quincy, rs; Canada South
ern Ia; Chicago Gas. 25s; Consolidated Gas, -;
General Electric IA; Kansas and Texas pre-
ferred /; Louisville and Nashville rs; Man
haitian. IL; Missouri Pacific, rs; Susquehanna
and Western common. /; susquehanna and
western preferred. IA Northern Pacific pre-
ferred. /; Northwest. !; omaha: ~; Reading
first preferred Is; Rock Island. l: ST Paul, IL;
Tennessee Coal end Iron, IA Western
Union. 14.
The changes in the bank statement YESTERDAY
we're not important. Deposits decreased S.hIn'-
06o 10 S616. 737 900. and loans decreased s262,:
ON IN S571 -31 100 There was a decrease or
81 500. 300 in legal tenders 20 Si3 ~ 800, as
ras,,lt of currency shipments to the West and
south Gold imports increased the specie
81 5S3 400. to S93,94S.5oo.
Cold to the amount Of S250O00 was received
at the Sub-Treasury in payment for currency
transfers 10 ew-Orleans and the Northwest