The Irish standard., 1907-11-09
ships RUSH .CARGOES
!: !. OF COLD TO gotham
kRoNPRINzEsslN cEcILlE COMES:
WITH 100000 FOLLOWED BY
,.g..LuslTANIA WITH: $4,000, 900.
HIGH PREMIUM RATE
+: f. BRINGS: OUT: SAVINGS
People Anxious to Deposit. Money to
:. Reap Advantage Of Big Percent
. >. =: :ags-eeneral Financial. Situation
!, Shows Great Improvement.

New York, Nov. %6.--With $8,00o.0 900
In gold coin and bullion carted to New
York banks and =$10,000,O0O more ap.
preaching port, confidence in the
financial situation was increased Tues
day. The $s,000,OO0 arrived on the
steamship Kronprinzessin Cecilie, and
was part OF the flood Of gold. on the
way to- America from Europe.
The Kronprinzessin left Bremen Oct.
20. Following almost in her wake is
the Cunarder Lusitanfa, from Liver
pool. with $10,O00,O0O stored In her
strong boxes, for the relief Of money
famisted New Workers. ~ .
|, Vessels Acme Of Safety.
There is practically no danger nova
days in shipping such vast amounts Of
treasure across the sea. The great
| vessels are the acme of safety. Their
strong boxes are equal in security to
the best Of safe:deposit vaults: in this
city. 80. - ~"
Though the .Kronprinzessin left
Bremen: three days ahead Of the
Lusitania she made port only. one and
half days before her rival If the
giant Cunarder; holds her speed. 81;
:.:&EPremium Brings Savings. 4
Currency OF all denominations and
In varying stages Of crispness poured
into the offices Of several brokerage
houses in Wall street Tuesday from
all the hooks and crannies Of New
York. Hearing that ~ and 21a per
cent. premium. was being paid for
ready money men, women and boys
brought their savings to the financial
district and exchanged them for GER
titled checks with the. premium in
crease, which they deposited forthwith
in their banks. ~ r.. 4
Queer scene'Is. Presented. y
;, In the Offices ofiMann, Bill & Ware,
t3s wall street, one Of the firms that
led In the premium paying, there was
Ia never-ending line of assorted per-
sonalities throughout the day. They
came from the east side principally,
and they carried their savings, which
ranged all the way. from 500 or 5000
to $4,000 or; $4,000, In old socks tied
with bit Of cord in their pockets and
In one case, in derby hat.
In one of the brokerage Offices a lad
appeared with 5000, his savings from
the sale Of newspapers for three years.
This he exchanged for certified
check, including the premium.
Decrease In Importattons.
TIE tightness;; OF the money market
is reflected in the monthly report of
. Col. Edward Fowler appraiser Of the
port. His figures for the month of
October show an approximate decrease
of over $3,000,o0o in the values of
importations, compared with the same
month last year. -
= Luxuries show the principal de.
crease. The appraised value. of
precious stones for the last month was
$2,041,747 as compared with $5,033,577
for October, 1906. Two hundred auto
mobile, appraised value $591 ,466, were
imported last month, In comparison
With 220 cars brought over in the same
month a year ago.. valued at $609;052.
TO Use Asset Currency. =; :,
New Orleans. Nov. 8.-At a meeting
Of the New Orleans Clearing House
association It was decided to issue as-
set currency in DENOMINATIONS of. S..
SO and $2o. The notes. will be re.
.ceivsd by. any bank which holds mem.
bership in the association. and all
banks stand responsible for the pay.
ment of the notes. The new currency
will be issued by the individual banks,
and will be secured by deposits of Sc.
curities with the clearing house. It
s the first time that such step has
oeen taken in the history of the local
Clearing House association.