The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-09-11
i5.472.59S

than one fifth OF all the gold pro-
uring the last ten years has gone
the stock held by the United
.tnasury and the New York
HE gross increase having been
rs. or almost exactly the amount
3 the United States during the
0hod. France led Russia at this
h year with s7i1.076. 500. against
|efs sf27. $50, 400 bur In the in
rance has lost s62, ,650.8 500. where
lia has accumulated no less than
N, this change being indeed the
'mAskable OF any that has taken
lhng the last twelve months and
might be prodtablv inquired in
Thrifty character Of the French,
q With the ultra conservatism OF
1k Of France. satisfactorily ex-
ne Increase in that institution
of gold from SAC. .627,i30 ten
ago 10 s7il.OT6,S 500 last year,
years ago the total was only
h-Eungary is today third in the
y list with total OF S2T6, 500, 900.
u len years of SSS. 1895, 900. twenty
20 The same country could boast
sG.3I5. 900 London contriVes 10
"a It's functions as the leading
centcr Of the world with a gold
m lis central bank OF less than
IVY; the exact total today is s199.-
as compared with sl6e.TTe, ,e95 In
y sll5.2s6.l25 in 1890. Italy. next
'.m and France. has DUactlced
.suon most effectively. It's gross
'{lng In the decade amounted TO
.S Germany. Notwithstanding
,'<ng Industrial expansion, has
nfeessery 70 augment its reserve
financing Cotton Crop.
ING cotton crop will be financed
in without any special difficulty
'npst causing tight money" is the
prominent bankers here. 4
msae o. the leading national
.ssae institutions and trust COM
-e.en thai the financial inter-
',tss'ng very optimistic view Of
ss,o ot lhe problem, and that no
I, ,ssNsiheo OF possible rupture
4 ~ lofeien banking institu lions
's,Ishn Ihnsnran banks. II is felt that
a ~ sAa Continental bankers will
re railroad valuation certificate
no unusual complications will
= nnancing the cotton cron This
|o1rsiom mds pointed out that while
ommi,, oi recently passed by the for
|ruinniss cells for bank guaran-
1ilsmaaag ilg November !. the Amer
I'M Eos handling cotton from the
|aier ~ on"SInencc Issuing valuation
III vi september l, or sixty days
|pjs ,,.solution goes into effect.
q ~ ~ inc confident hope of bank
15,sno nave absolutely refused Ia
/ fhsI. lhat the foreigners will
Il ~ resolution before that date,
||6n pscled that large portion OF
Up VIII have been moved be-
fro,n l. Private advices re-
1nd di', inc other side state tha,
IeconoIeo,e bankers are becoming
'ab. AVA 10 the valuation certifi
|elcn u no lne probabillt arc that
|Ae eJSwn,nmittee az Il body viii lr.
|onthr s,e before very long. Thc
1berr ouflng which the plan vii
n fo,sIn prior 10 November vii
IA da.snefs sufficient time 10 con.
&rfls1n,srmlnc whether the ya1ida
Ifaud IN an ample safeguard
!" 'he issuance of bills O
alldation Certificates.
VIZ meid OF the firm Of Weld &
NJ recently returned IRON
rli6ca y, .hlnks the railroad valida
the nv pan was the best sonI
oa tbno bn'op,em. He said the cotto,
sd Inc Inc olher side were yerv rscI rn,,cI
San,hh M the negotiations cery,ed ii1uo, q,
be irs vsi,rds with the raIlroads :"
Sq,lnauon certificate will heI,
QFze. In zeal. said Mr.. Weld
9ud ahs Al "a 10 impossible TO do ava
and a. one as has Vet bec,
proteo,i, ought 10 serve az n,
gefles l'ioh against irregularitie
Esy 3; 3; ] am Of the opinion nina tha
By dea,iIeeonclng fraud to a mini
\ rssponsIhn,g poorsIIhlng with houses Of We'll
does bm.pIlllty. II you think
d5n,,1 BUSINESS In a questioneh,
The Grave hhaye anything 10 do viii
QaInleJd' Jd'ner n. hand. foreigners VIII
1fehasa WIN the firms from whfc
be- ,,,,t cotton here. and kno,
" beinnu nusLworthy. ought TO hay
III "R cheated" Mr.. weld sal