New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-24
MORE GOLD ENGAGED.
II MILLION COMING FROM PAR1S-AN-
OTHER ACTIVE STOCK MARKET.

to have fairly started. IN aodi'ioh 10 INC
81 100000 from London and 10000 from Berlin on
the way to the National City Bank. there VIII be
shipped this week 81 900 from Paris TO the Hano-
yer National Bank. This last-named amount VIII
come by La Touraine. OF the French Line when
sails from Havre tomorrow. The N,oVo"o IN soiu
from London for the National City Bank Is on
board the Spree. OF the North German Lloyd Line.
which left Southampton on "Wednesday evening
The Hanover Banks gold like tire National Citys'
Is In part payment Of the credit balance OF the
Hanover Bank abroad. The Hanover Banks sold
Is sent a triangular operation. The DanK ma"
money owing to It in London The London DEBTOR
had credit In Paris. and ordered the gold to be
shipped from there. .
Both the National CITY and the Hanover banks
are extensively engaged in the foreign eXchahGe
business and their gold mportations are In purSu-
ance Of their regular exchange operations ANY
idea that the gold Is imported a: loss may DC Us
missed.
The advance In the Bank Of England rate OF u'S
count from to olb per cent is not likely to inter
fere materially with the flow of gold from h"iop'
10 America. The Bank of France FOR a Io"s I'm"
nominally charged per mile premium on am
can gold coin, but up to a few days ago IL TN
oned this coin as only 500 fine. so that the pre-
MUM was practically per mile NOW ho"tN'''
II has advanced the premium TO Si2 per milIe' 81
ling in Paris is firm, hut cannot be 'o'S'"'
strong. In Berlin sterling Is rather he"NE' Wv"
10 the advance in discount. The Aus'ro- ','
and purchased German bills. These hiIls were useu
IN navment of the instalment on the new 90 per
cent Hungarian loan In St Petersburg stcrhhs -
below the gold point. and gold IN 'oI'S'l"''
flowing from London to Russia EN'.'"s
Paris at St Petersburg holds near the so'u pun
There slump in silver YESTERDAY. co. ror,
dropped Is. cents 10 55s. cents an ounce 10.
mercial bars There was declIhe III '
penny 70 o6la pence an ounce
LARGE STOCK DEALINGS
raaI,rcs ON the New-York Stock Exchange "''e
ora;, on a large scale yesterday For most S'oON'
advances are recorded. Some OF we IL. Coz.
FINAL prlces with those of "Wednesday. We ~
ton Oil preferred ?: Chicago Urea - az,
farrsd A I: Hooking Valley, IA Deia""i' an"
IIudsop ~. Iowa Central preferred, l. l'ac'euc
Cos I. Lake shore lle; Minneapolis anG 81 LOUIS
common ga: Minneapolis and ST. LOUIS seco'lu p'.
ferred IL: Susquehanna ana "esUc'" -
~. crscuehonna and Western preferred j. NOT
folk and Western preferred. ]; oregon .>"''e
nreferred 2: Panhandle preferred. :; putnam
As a result of heavy receipts at the Noit""e''
there was decline In wheat YESTERDAY "" Wv
New-York Produce Exchange the rish p'i' ~
December was 9Si2 cents ana inc Cousins pm w.
aas cents or "a cent below the Closing price U"
Wednesday The high price for September was
ses cents and the closing price was SSs ceh'S'
which made the gain for the day - cent lhe'e
was a decline of 4 cent in December ana y cent
in September corn. Export sales OF wheat s'N'e''
A rumor was prevalent yesterday tha' f'ussi"
would issue a ukase prohibiting exports OF gram
Curtis & Lemeux Of No. 10 Newest asked ''ie
Secretary Of Agriculture. at Washington by teie-
graph as to the truth OF the report Inc Ioo"
ing reply received -
washington. D. c., Sept. g. 1891
COURTS g. Lemieux New-York: Have no infor-
nation except report from Consul that Russia Is
not likely 10 prohibit export grain. having hao
sad experience along that line
JAMES WILSON Secretary OF Agriculture
MR. CANNoN'S OBSERVATIONS.
Henry w Cannon. president of the Chase Ma
t,onal Bank has returned from trip TO the North
west and Puget Sound, which he made in company
with James J. Hi. president OF the Great NORTH
ern Railway Mr.. Cannon said yesterday:
IT found evidences of prosperity in the states
and cities visited, and the business situation pre-
scented a marked and favorable contrast to that
chants in St. Paul. Minneapolis. puuth. Grea;
Falls, Spokane. Seattle Tacoma Portland ana
other places are doing an excellent BUSINESS, ana
they appear to be active and prosperous ,.oroao
number VI bushels per acre in Minnesota and the
Dakotas Is not as large as IN some former years
realized by the farmers is very satisfactory The
advance in the price of our principal products has
turns than is usually the case when an upward
THE cattle and sheep men in Montana are doing
very well indeed In August the city Of Great
shipped from that point and the county Of Lewis
and Clarke will ship more than 900 sheep and
of sheep will be shipped East from Montana this
cattle, and are pleased to and them bringing from
SCI to $50 per head on board cars according to age
There is large whea, crop in Oregon and
Washington and the shingIs and lumber Interests
experienced by the railways in that section is in
Pacific eoas, wheat from the Orient and the mills
at Portland and elsewhere are running fun time
demand
for our flour. The demand for cash wheat In the
the crop. and the Great Northern elevators at
Minneapolis 81 Papl and Superior and the new ele-
ps sG s. shortly q,t'0 VIII 0e '"Aeo TO 'e'' utmost
while the silver mining interests are somewhat
depressed and number Of mines have been com
PEELED to close. owing to the low price Of silver
q people, s ad
Alaska discoveries have greatly stimulated TED bust
cations that many people from all sections OF
the ~ eo Sere ee or 9
this movement will result in the discovery and
q nS at points n h e
Cascade and main range Of the Rockies; as there
sssse H''"D . .ss q. p., ~, "' 'n ~ ''a'
tween Seattle and spokane was made over The
Oregon Railway and Navigation Company's lines
doing exceptionally heavy business The Great
Northern Railway is doing the larsesi freight and
been put in excellent order, many improvements In
the way of additional yard facilities and .sidings
having been made. especially upon the Montana
Central and the Eastern Raiwoy of Minnesota
lines"
MORE GOLD FROM AUSTRALIA
San Francisco Sept. 23--The steamer Moans. from
Sydney. due this port to-day VIII bring 100000
In gold 10 pay for wheat shipped from here 10
England This is the second payment from the same
source for this seasons wheat crop. The Marposa
brought 81, 10000 In sovereigns last month. and
a conservative estimate places the amount TO be
received for the season from that source at
$25000.00o
WOfrID HAVE PREFERRED 4 HIGHER RATE