The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-10

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tshlse sNag 4 FtE IN fbs wsgEst mtsfsiNefl
sss..s 80. -. -a...u..ts
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nor" Us vr@'"fiHr . Fr"t 'TH ~ 'NWtnF
~ HnTtH ~ sfe6Hirfufs fof Tho f1liI ufFn
fhs ihryFy fhti isasFNJrb a. ita wBrHsf
had ,t..e a, e,.Oey ..,t s.,t ..u,.t a.
~" rf'''"" "~'f"f' y "''"
mem W Hn'ne small eStrNt ~ let-' wHa
due M IN the deriine I. ttsy aferine ~
~ sfogAa ersao,l sy,t ne O,.,ss, l..r.c,e
J,,t T6ts tatb.s ete.etS Indicated tb.f
tt,,l,lst,pp w.s No, psrssiea and ,brtet,,e
stlmulaa fsf a frpsweb aJysor. va lm.
ma,Il,tely aopllest Ia tbs sf,srncso b,,v
ioa ~ st,rLa brrams ye,v ,r,iye ALTHOUGH
n lsrpet d, cb,eav e,,r.g, lts.if with IA.
tod,,s,gi,t lied, tsde.d talips p,,rss a,
,he Gloss n wa o,s.rye,i t,,t Ameti~,,
s,neltlpg and Ree,i,g e,w,r,, lad ga,nml
a notpts Anac,,d, Comma, , foL,r,d,
FUEL and tyr, ~ p,.,ulcrs ar,,tr,ties. o.,
National fond IL. n,t,.r,cl C,wro,v
a. -
r,i,, p,ciac s,o.L - t,, , - , r,i,t
"a Paul and g,nthsr, pac,ac = rh..ap.ake
and phi, and tu,oi. Cc,tr.t - .,d ,ha, scv.
erol .,ocls. Tho, v,er. ar,i,. and a,rons
s,,ong ve.,e,,i.v s,cb AZ Am.rico, Too
motive. Rending and PcpnsvlvanI, do.
cli,cd London ho,s.a annc,rcd IN Ia
ssllera rather than buvera Of stock, here.
although tbe fealing IN tb. I,,d,r nar.
ket Wns undo,btedly much more encpur.
ngeJ Than /, has loen racentlv owing 10 the
continual r,se in IN, pr,ca NJ starting in
Paris and In indications Inn, Paris bankers
would aaais, In naa,ing f,r,ber demsnds
for gold for expor, IN this aide The nroh-
abilitie. were Thought To be againa, an
advance to.morrox in the Rank ~ Enp.
land's minimum, rote ~ di.co,,rt and ,bora
was during tho div in Iondop n rsduc,io,
in IN, hicb carrving cbarges an Amorioo,
stocks until the NEXT financial se,tlement
dsy. Discounts. too. in London were easier.
There was aeain TODAY no notable
d~eyelopment afrectinp values and tho oo,,rse
of the market was wholly governed by
those general conditions concerning m,
financial situation that have in the last
week become very plain. These are TINT
the money situation is greatly easier.
hat labor difficulties throughout the
country hive practically disanneared that
n satisfactory compromise concerning the
railway rate bill in Congress has been
arrived at. and that there has been a well
nigh comnlete clearing nm OF obstacles
that have for several weeks past stood
Immediately in the yay of the stock mar
ket's inward proeress, The ease in money
was mope pronounced to-day, loans being
made at 4 ner cent for two and four mont he
and at 5h per cent. for longer periods.
While further small amounts Of money!
were sent to San Francisco, a remittance
NJ 4, mn ooo was made to.dav from tho
latter CITY to Chicago. and bankers, or at
any rate speculators, were inclined strongly
to the opinion that within a month at the
the return of money from San
Francisco to the East would be in full
swing. In r~esponsa no doubt. tn tho lower
inc Of money rates. sterling here rose
TODAY y NJ a cent. and alt bouph IT lost
n sbgbt norton of this advance LATER II
stil was nj the close Mt a point nearlv n
cent in the Mound above its low price Of
At the ruling prioe 81 AZ.
chan ge there ia probablv no pront to DIR
bankers in importing gold. and Il seemed
10 he conceded to-dav that the GOLD imnort
was over for the time being,
A raaeo for this conclusion IN addition
to the ease in money, was clearly the fac.
hat the Federal Treas urv has about
raoohad Tho limit NJ ito newer N
ss;s, tho national banka IN br;n ging Gold
into the country, Taxing the condition
~ the TREASURY ne disclosed in y,s,crdev va
n eicial statement. il appears that OF the
G~orernment,s available cash balance of
no ooo ooo, nearly sIos DOC. 600 il now al
donosited in tho n~ational banks and
IN the treas,rv OF the PhiIipoine Islands.
~ the ss3 ooo 600 TINS remaining in the
,,sical nossess;on of the Treasury ss4-
Nm ooo 10 IN shave hardly available for
1onosit with the national banks, In the
1nvernment, cash IN other words ara
sto 400 ono IN patiora, bank notes