New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-11
AMERICAN CREDIT HIGH.
ELLIS H ROBERTS On THE FINANCIAL
FRA UNDER THE NEW LAW
Dov RATS ~ rcSTEEzsT oS UNITED STATES
BosDs-XoNET CHEAPER HERE Than
ANYWHERE Else

Warrington June = CspecisD.-Euls = Ro5e-s
Treasurer q Tie Ua.ted states speaking today On
the new ga Il American finance AMI currency e.
rsbl-kaes y ire az O March u. 800. said
Tbs ~ makes unique gate y interest On
esr.-sI F. 80 49, = 80 = 49, 80 III -fs % 81
oe5t ras Senornlnstions u r.lver ce-tsAcates 81
- and below. s-1 y United States norss az 20
Tressrry notes and puts STEER ce-ti6cztes n theI-
p-see = opens TIE DOR vide to- Increase IL the
czrrsnrr. On rhs .sce q al cur money ps-er nd
al trzEe 81 Fs-k5~g III s--sf~ass +. E-s-5s -,
and sure. 20 Be read q al ren for I'll time. ire
TIE Iowsst rate u interest 5o-ne by re bonds
o. any foreign nation = - p@r cent, British
- per cent. On only pzrt u m DEBT Of GER
TnsEF. France ana RvEzia : the rate q Ior a. 2
% cent and Itsiy. - less than :
TIE sreIsgs bank ret= f2- money Il he Euro
= per cert Il AlnEtercsz, = II Paris 81 n Lon
: 80 = March 30 the average 81 Paris vas
- = London 80 AID z Berlin and Hamburg
age ior car money IN Sew-T9rk vas 2-9s 70 s-s5
&c s i2r PRIME .apeF, - 70 - Eo- the rn22tls
Yo-k Ess for eali money ~ u 81 and for prime
The changes every day II Hew-York ara greater
thsn elsewhere out the records shos tizst TIE rate
soF money is iess Z his country ta Il any point
z Egropes except Pans. and often lower thsn d
RETURNS OK UNITED STATES BONDS
- NE marie; Dr;.sss during Naleh is.t our :
average . ZIzs per year. thz ~ e I- esrnsd
-. per eent: The e earned 20. and he g ony
eaTnings we're For rhe O ~. ~ per cent:
TIE contrast with foreign bars s. mort marked
Tas German 81 per cents sell 81 =. and
are more thsn ne Interest states TIE premium
OF British c0Eso.s q about per cent and TIE
French Ientes per cent or slight frac1lon more.
srte-ss- -. i.4ee- fic-~.-. - 49, $50
b1is vas - sslsd tOr three nenths ana = q 1or
than anywhere else among men
The .so2r sne ws@ifa Of ,ae american people
Cue the results q which we ar thinking More
rS5sceo ana rs tam s-t7rsls ~ r-sza $50
tas ref gave us-Thich saved John Smiths
ss zbll6 in value ana that excee6s the capital Il
an H. %s-forsI farks TIe xovrH ~ <em anil
mails b latest figures g 3 ~ 90 s-nea-ly equal
10 ali the money IN circulation In the country.
VAST INCREASE ~ MANUFACTURES
And yet. 70 less than og-azrioglture. sur man
cary naEaSstoEz sought ara their f,oH-ih expands
American people have long led 81 nstons in tsis
bLSad Aela-the rate Of increase exceeds that %
is maximum crops ina gination faiIs 10 limit the
products OF forge and mill e factory and lsboTa
The Increase fTorn Iss7 10 Iys 77ss 4 per cent The
product IS now AZ tie rate cf1 zSo,0y9 year
Our exports q rnanufa ctured articles for The ten
months ending vita April were ssss9s %, indicar
ihsu our Total Exports a. ate as 81 TIE pr5 I
Of our manufactures his year viii hardly D less
hsnks-tss o55 %. GO u a. 's : 'o-
our pT0d3cts iov outward into sl the world IL
nIne months ending with March we're g. IN 30 ss5
being ES5.sss 81 more than for the same period
End balance q trade ot 81 90 co Comparison
VIA Great Britain caano, fairly De made. tor she
for the worlds commerce. We sci what We raise
snd make our foreign trade spr.ngs from our home
.noustrles Our net balance Of trade belongs 70
Our OWE people