New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-09-20
lNIAL RECORD
PE and ABROAD
!, reopen Rate Case
y eond Trading Freer-
Ranks Gain Cash.

.e developments al inc
Eseogrss ' ss.eek included promise OF
~ o. tne me advanced rate case
., ,.,..vssoval Of restrictions on SI 5rsoI
jllerl IS'I adoption by the feeSra y
. ee posI Of the proposition 70
g'tTvs "a fund through subscriptions
- go1ut reserye cities and an un-
4 = bsht,s, u Pew increasA in cash mold
,sssetediy NJ hanks. Exchange rates
8 By lO." ride easier than at Fri
~ ~ 49, but European apgii cav
syt s'os Na, allegations Of the cry OF
4 she hs md me better feeling abroad
~ iofA az ~ expeeted 20 result from
sbsi;i nes ,n - Of gold and preparations
4 sAlPnlenss' ,.ben needed should pro-
7 tarther relaxation. ,,.,, Commits.
Interstate Commerce D" ,;5orS-
~ ss he approval to reeonsldera-
- g,s ~. IS Eastern roads applications
- q VIZ rstes rather more promptly
= algpss' I'm expected. While there
- hse - considerable disappoint-
IS W. ~ date for presenting new
- S-ss made so far diStahS, a. .oy,-
ss belief persists tnAt inS ' en-
~ =, have realized that thelr lOI.
s'l .l;.;on was an unfortunate one az
= eesls, O,,d that relief to the carriers
- enc Higher rates. 1t IS hoped
.nlv AID the roads, and so inc
nS1 , Ou;y Of the country, thst SO
~ depends on their prospeIl .S;, o ~
a strengthen railroad CRU; 80
r tlso nrsssurc Of selling, agS'hs'
y my .ISt;ss will be lessened and eN-
e ss s.;ess which form the basis LOT ron,
tls ~ collateral loans, will be oe''er
'Ili'ins ,u.s,,ment demand shown by
.~.rresd public applications lor N t"y
sSErstions of the CITY o. INV INV
'.orfrms the judgment Oh , .ns
9 W. ~ of investment bankers
iss ,s., been in charge OF oonu
u hA End in the future bond trad
slass, - less restricted, Statesmen
~ " ia understood, generally
= ~ .s;pess. but will resume regp-
..ns on customers, and unllSI t, % 20
81 Swned by each house are "
iD ~ S,,;,hout restrictions. IranSaC,,
~ Tsted bonds and unilste,9
IS " avned by the seller Will stu
-: uOs - the committee. This ad-
4 sEl.l.oN nsds possible by co-ope,ra-
n investment concerns Mn So,
~ tssy we're members OF the oloG IN
y, $50 and subject 20 its rules, l"
-. go Establishment of lower quota
l ~ v,ouId disturb the basis on
~ u ansb vast amounts Of loans nave
. made. p.ord IN recog.
tSs necessity of some lhlSril"'
....snt for transfer Of bank re re
-bsre needed in advance o.
.- ~ of the new banking Sys-
-. .lsI'' rrestlv aid this city to clear
~ "a f.Ss;gn exchange situation she
ttn 8 fulIer extent the needs o.
.,rSsSefsT borrowers on whoul III
- scarcity Of credit has oeeh
80 heavily, In advance OF thlS
IA f,am the proposed gold pool
...sts Of currency from the IN
..s'ssis week have consisted 20 4
- -. ~, sStept OF gold or notes baehee
Z al. Hoardings here, TOO nay a,,
=. rstuTned 70 the banks IN payHietIh'
s,5osits with applications Tor 'h'
= rity obligations. ~. h.,L.
~ rteat this return to the OahAs ;
j tssn appears in an increase OIL
y ,li 100000 in the weeks average
Z az holdings Of Clearing House IN :
esSobs, in spite Of shipments ,, o. u
~ 81 O0O. 900 in gold to Canada I'm Inns
= "a Offset the increase OF %. ' OU0'-
\ \ loans loans and Of nearly $4,000
n deposits due to the city
4 "a issue that the deficit in reserve
Id ,rlv about 100000 greater. me
|,vrs. now stands at SSS,384, 100 under
,riwments, but the deficit is m9Te
d 1900. 600 less than in the miG t, T
lurust, and it appears probable thaI
Tl be steadily reduced, with ASSIST
~ from other cities more than max +.
I'm for whatever further export OF
N nav be necessary.