New-York tribune., 1906-11-10

the banks sustained a loss in cash of S0,SeSooO.
Relief for the worldwide stringency of money can
come only from two places, namely, the Bank OF
France and the United States Treasury. The Bank
Of France is amply able 10 spare considerable
amount Of gold. end ought 10 do SO to relieve the
necessities OF the Bank Of England The eXpecta-
tion is that this will be done. The United States
Treasury contains free balance in its own vaults
OF S7S.000O06 It could spare from s25o00.G0 10
SO. .O0Ooo OF this and still have on hand ample to
meet all Of its ordinary disbursements. 1t could
put this money out the form of direct deposits
in the banks in an operation involving the I'M
mediate redemption of the As of 1901.
CURRENCY MOVEMENT.-The reported move
ments Of currency this week indicate loss in cash
held by the banks of $3,O44,9co which due to
shipments to the interior Banks received from the
interior &673,@0 and sent TO the interior S77Si.S0D
of which 100000 was transferred through the Sub
Treasury New Orleans and $765.Oo0 national bank
notes were sent to Washington for redemption
The loss the interior was $31109O0 Receipts Of
new gold So 442 400 namely. United States coin
from Cuba, S2l3O0o from Australia, transferred via
San Francisco. N66600; on New York Assay Office
checks. SSo3.000; san Francisco Mint checks.
$t66l00 and $93,70O Seattle Assay Office checks
The banks paid to the Sub-Treasury out Of import
ed gold S6SOOO in repayment of United States de-
posits. Ordinary disbursements by the Sub-Treas-
ury we're M761l 600. Payments by the banks TO the
cent redemption fund etc, were Sl9.s25OoO. The
loss on Sub-Treasury operations proper was
GRAIN EXPORTS FOR THE WEEk.-'Brad-
streets reports the exports Of grain for the week.
with comparisons, figures in bushels, as follows;
Wheat, included, 4l55Sl1, against 4.492S'f last
week in this last year, 1926 in lSOi
and 5469 645 in 1901; for the fiscal year 10 % t
Sc $50 $50 compared with 367S8256 in lSo % lS5
in 1904 and 1862 13l In 1901: corn S0S24 compared
with l3002 22l last week, 5l,050 in this week year
ago ana l4SO5 in 1904; for the fiscal year 10 otJs
154S 0SS against 49, S in 1903 and 0is9SSo IN 4"'
PIG IRON CERTIFICATES-P iron certificates
the New York Produce Exchange opened 4GH.
but steady; cash. November and December, $lS %
bid. Opening quotations for new standard Ioun9rry
follow: January, February and March. 81 '0tIS-o'
On the second call prices were unchaIlSeu IoI Iesu
lar and easier for standard foundry. There was a
sale of 100 tons OF standard foundry, DecemDer at
S2l 20 New standard foundry closed as roIo"s:
January. February and March, 81 90 Ma.
QUAKER OATS EXTRA DIVIDEND.-Directors
of the Quaker Oats Company have declared dlyl-
dend of l52 per cent and L per cent extra on the
common stock, payable January 10 10 stock or rec
ord January g. They also have declared the regular
quarterly dividend Of IL per cent on the preferred
stock. payable November 80 10 stock or record NO
vember 20
NEW DIRECTOR OF J. @. WHITE & Coat
the regular monthly meeting of the board of di-
yesterday G. Trowbridge Hollister Of the banking
firm of Mackay q Co, was elected a director.
AUSTRALIAN GOLD-The Sub-Treasury has
paid to banks 81 .3S6,000 teegraphic transfer OF
Australian gold from San Francisco.
GOVERNMENT BUYS sILVER.-The Treasury
has purchased 10000 Of silver at lS2 cents
AZ