Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-11-10
FIFTY MILLION MARK PASSED
Total known Gold engagements
Reach This sum in the
United states.

NEW YORK, Nov. 9.-The total known
gold engagements passed the COO
mark today when Lazard Freres announced
having secured an additional 100000 in
gold I'm Europe and the National Bank OF
Commerce $4,000 more. This makes the
total for the movement sJO,63O.OoO
The National Bank OF the Republic Of
Chicago has engaged S5OOoOO gold for i'm
port. This makes the total engagements
TO date s51. 10000
The subtreasury today transferred for
banks $6l5.O0O. Two hundred and thirty
five thousand dollars went to San Fran
cisco, 100000 TO Chicago and SlS0,OOO in
small lots TO other points. On the arrival
Of gold which has been engaged abroad by
banks in other cities, It will be transferred
through the subtreasury TO its destination.
The showing made by the bank state
ment was the subject OF satisfaction among
those who had been fearing an unfavorable
exhibit The actual loss in cash stands at
A,Sl3,OOO, but it is apparent that no loss
at all would appear IL the figures were
those of actual conditions today instead Of
being based upon the system Of averaging
the account for each day OF the week. The
fact that most of the gold imported reached
the banks on Thursday and Friday pre-
vented its appearing i'm the daily averages
for the early part OF the week. Had 1t
appeared they would apparently have been
gain in actual cash. The net decrease
in reserve. which is S18OSS,sOO, is larger
than the loss in cash. because the increase
of about SS5OO0,0OO in deposits Increased the
reserve nearly 100000 This Is due to the
transfer of loans from the trust companies
to the clearing house banks. and under
~ amNN
indication in its relation to the bank state
ment.
With the appearance of the gold which
has already arrived. amounting to about
S23OO0,0C0 in the figures for every day Of
next week, and with $g7.OOOO00 more to ar
rive. it is believed that the reserve will
show substantial gain next week unless
extraordinary demands are made from
outside
WASHINGTON, Nov. "A prominent
treasury official said today that he had
been in communication today by telephone
with number of New York bankers and
that they had reported the financial situa-
tion there as very noticeably improved
The money stringency was gradually but
certainly relaxing and the banks were re-
suming shipments of considerable amounts
of currency into the interior. The demand
Of the banks for additional circulation con-
tinues unabated and the amounts already
taken out and shipped are said to be hav-
ing marked influence in relieving the
present stringency.
LONDON. Nov. 9.-The rates for money
continued firm under good demand today.
Discounts were steady.
Trading on the Stock exchange finished
the week cheerfully. Yesterdays improve
ment was we'll maintained. but only a mod
crate amount Of business was transacted
in Americans, the fears of a poor New
York bank statement restraining operators.
Prices ruled around parity and the session
closed quiet.
Tho Bank OF England today received
s4o,0O in American eagles from Paris, and
GS4I,0o0 In American eagles and Rl2I 900 in
bar gold were taken from the Bank Of
England today for shipment to the United
States.