The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-11-01

has maintained since June Is last. This
| gives unmistakabIe notice that further
| demands are pending upon the bank 5
| stock of gold, which the rise in the dis
| count rate is intended TO protect by d.
yerting the demand upon the New York.
1 No doubt seems TO be entertained that
1 this object viii be achieved. In fact,
/ arrangements we're already perfected to-
/ day for shipments Of gold 10 Paris next
week The weekly statements Of the
| Bank Of England and the Bank Of France
/ show the need of the former TO check
/ the French demand upon their reserves
I and as clearly the necessity OF the latter
| for recuperation. The French bank has
/ gained in gold during the week about
what the English bank has lost. The lat
| ters credits have also been expanded 10
the extent Of $1,000 incident to the month
! end requirements II Paris the require
ment is supplemented by pending stock
exchange settlement so that the bills dis
counted have been increased nearly 49,
100000. and the note circulation has been
expended over S35. 900 coo during the week
These conditions serve 10 explain the
large recall Of Paris credits which has
been going or for some time past, al
4 though IL has been suggested also that
foreign lenders Of money are thus ex-
pressing dissatisfaction with some OF the
syndicate purposes to which the Dor
rowed funds have been put. The gold ex-
ports figured in the sub-treasury state
ment today, bringing up the days gain
oy that institution from the open mar
ket to $4,000. and the gain since Friday
last TO s3.GS3 600. Chicago exchange on
New York also weakened today and
$4,000 was deposited at the sub-treasury
for the transfer 10 New Orleans. On the
other hand the sub-treasury paid out
over half a million dollars account Of
gold deposits at San Francisco and Seat
tie, and made a payment Of s113, 127 for
redeemed bonds, thus clearing up the
last OF the acceptances under the late
offer Of the secretary OF the treasury.
Renewed doubt as TO the extent to which
the foreign demand for gold may go,
chilled all speculative enthusiasm
Hopes are expressed that tomorrow's
dividend and interest disbursements win
soon come back TO relieve the money
any feeling Of cheerfulness in the stock
mar'-et- Neither did the announcement
Of the determination of the treasury TO
resume the bond purchases, although the
Inclusion in the offer OF long tours is
likely to attract considerable tenders.
judging by the experience Of the past
GUNNER. Among the stocks advanced to-
day without any special reason assigned
were Lackawanna, Delaware and Hud-
son. a number OF the Vanderbilts and
Chesapeake and Ohio. the last on Phila-
delphia orders. attributed TO Pennsyl-
vania railroad account. Amalgamated
Copper was depressed upon the inclusion
Of new plaintiffs in Montana suits against
the company. The stock closed above the
lowest The Northern Pacific settlement
fell into the background with the heavi-
ness and neglect Of the Pacific, which
continued to the close and made the mar
ket easy. There was considerable selling
also OF United States Steel and Glucose
and Shelters were weak There was
some strong spots in the bond market,
but the price movement was irregular.
Total sales, par value S1,165 COO. United
States bonds were all unchanged On the
last call