The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-10-09
Posts London financial cableg.am Gays:

Posts London financial cableg-am Gays:
"Consuls were dull today on the gold
exports and c.her markets sympathized
except Americans. which closed firm on
ths announcement that Az 900 pounds in
eagles had been taken today from the
Bank OF England for New York. In all,
the steamer Paris takes out TO- New
York tomorrow 100000 pounds god.
AT present the bank retains the sell
ing price OF eagles al 76s I'd but further
large Withdrawals would probably mean
a rise in the price and an advance in
the bank rate next week.
The Paris bourse opened steady but
closed weak. Gold is expected 70 go
from there 70 New York ana I under
stand that part OF the Withdrawals here
are On French account.
The Berlin market was steady"
London, Oct. S-The withdrawal today
o. $1,000 pounds in American eagles
from the Bank Of England caused con-
soils 10 drop IA. Consols Tor money open
ed at Ill ga and closed at Ill e-1s and
consols for the accoun: opened at Ill 3-ls
and closed at Ill 5-s.
LOANS AND EXCHANGE.
New York, Oct. s.-Money on call
easier al 1929 per cent; last loan 3
per cent; closed 1898 per cent; prime
mercantile paper 1926 per cent; s.erl-
ing exchange hrmer with actual bust
mes. IN bankers bills AT sas41-295-s for
demand, ana al 81 81 1-4G4 50 "a for
sixty days; posted rates 81 s3G4. So IL
ard 81 IS 10: commercial bills s4s1: sll-
yer certificates 67Q57 1-2 cents; bar sill
yer So cents: Mexican dollars 43 "a
cents.
THE RISE IN SILVER.
New York, Oct. s.-Silver scored
rise OF 1 penny. to q pence. IN London
today, and cents, 10 81 cents. in New
York. Bullion dealers are unable TO
assign any other cause for the rise than
ecarcity Of supplies. The Indian de-
mand % late has been quite heavy. The
London price today Is within IA penny
OF the price on September 20. which was
the high point of the rally on the news
Of the Bank Of England's proposition 10
hold one-fifth OF its reserve in silver.
The steamship Yucata which arrived
at this port from Havana, has a con-
signment TO j. l.. Ward & CO. in transit
to London, Of 100 cases OF Mexican ST.
yer dollars and thirty cases OF silver
bars 20 Muller, Schal & Co.
GOLD ENGAGEMENTS.
New York. Oct. s.-Gold 20 the amount
OF 81 900 has been engaged in Lon
don. $500. 900 by Ladenburg, Thalman &.
Co, and $1,000 900 by Kuhn. Loeb &
Co.. which makes total gold engagements
for import since September 30. s. 100. 00o
Later is was announced that La
burg, T1alman & Co. had engs ged s250.-
coo additional gold IN London for ship
ment 20 this city This brings the total
to s5.35O.OnO.
New York, Oct. S.-Lazsrd Freres
have engaged s1.5O0.o00 in gold in Paris
for shipment on the LaGascogne and
$50 900 gold in London FOR shipment on
the Paris. making the total for the
movemsn. since September 80 Of $500
600. Knaugat. Nscnod &, Kahn have en-
gaged 100000 in gold in London FOR Ship
ment on the Paris. This brings the to-
tai up 10 s.. 150. 900 since September 30.
London. Oct S-Tae financial articles
in the morning papers discuss the pros
poets of a rise in the bank rate % the
export OF gold - America continues. The
Bank OF England has no, ye; raised the
price of eagles.
The Daily Telegraph Gays:
'tAs the metal has been shipped WITH
out showing either prof; o. Loss. 4 II
rather 70 De expected that other large
sums may be deferred"
TREASURY STATEMENT.
merit OF the condition OF the treasury
shows: Available cash balance s213.-
245. 143; gold reserve Gas. 0ss.ss4.