Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-08-06
( |NANCES NOW
ON SOUND BASIS.
BUT CAUTIOUS
New YORK Ba Ks Pay ii Clear
Ing House Certificates and
Are Chay About Renewing
Expiring Loans.

o. ss~e..s se4ssst spfelsl Lfsfss etas
Kew fnfr aHf t DfYesefHef
in fhs fHanesl district fo9sY uere
mostly ~ fesst1fin2 etafaefes
lssnkers tHs4 ~ more cheerful
ler ofsf'b fht gfeafef scope y fhs
ecnfiir atfeae fabiff from f<ehaer
me ehitf 9gras ~ direct Esfopssn
contact srVfezfea hopeful ieok ln
me fin9noal seass aiib Dfospsfs fa-
fefing 20 tsil5 fe4aaicn 10 fhe tfi-
- Dsrs laff
Wail ifesfs greatest problem -fhe
disposition ~ ies large amount N
American stesfItsf brought over ~
ne OlSFDl found early solution ln
lHe alliInfnfss - fhe banks ~ faeIl-
faff deliveries - ihesf sfecis. usoFf
u nblfh s.re soie bore for f1fefs d.
litff5 .n irs days immt5nfciy pfsesa-
Ing tbf eiete " NE fxchanfe
There wat some INQUIRY fof ihe bet.
~ kHoHn forks from local ahd osf-
0f.tong eosfres - pfires "a point ~
more ytff IaH ThsfsJsya quotations.
tQf falts vote moderate and trad ~
fsHtA|||N N'H 'NfHftHa@ NHHff
some adsaaee IN Rates.
Nensy uafleie while in - sense
6fuyga lizfa. m4lafaibf3 fhsif nominal
ieae ~ recent days fome II ne
banks advanced baHs fom - &
per hfnf boa The fofnfr tate pie.
vailed Iu moss e#ses
lauhe we're ieaib ~ renew erpir.
ing Mana ~ fbe ground ibas Inc ab-
saHsf 81 trading Haas such action 9H-
necessary aHa az the a14iiiouai
Fiaapd ifaf & eas leemed bes ~
strengthen fsearees.
Aa.efihfiese. Arrangements were
9naff way f4f me completion IF large
laanA. prghaDl3 81 ~ rtN 0aa aA4l 70
often pianlsfa. 1hase affairs are in
. confused state - feaa0n ~ the SAT
ia8ns made VIII probably stand until
tie siapie can be shipped to foreign
eeua without danger
Conditions Arc sound
FDfeigp oxthaaee aiN0 n8a nominal. (
elfn tfaneatiiens "a minimum ~
Hanefal adWeee from ai stfisona ~ (
ihe country SHOW inAnronfiY sound +
ssaalt,vne with more cities galug IN
lsaa eefiificafe basis balances - the .
ieeai clearing house were osain paid .
lafetly ~ eeftltieateH. together 9Th
emergency currency
Application 40 me Wb-ifeasufy To-
daY absorbed ahpef fwo-thlrda IF the
$4,000 600 currency ou hand there
4 Is expected thai daily receipts u
saaW $40 600 600 from Washington.
igf tNa baMnee u tho week. viii be
saffleleul fVr ioeal needs
liuns CA small Banks.
rafiber rnns IN smnll private
HHnk9 whose hUa.neta ia mainly with
were reported today. but
hsae we're accepted ~ natural cor
allaiy NJ existing conditions and With
4Hi bearing upon financial conditions
s. wh9ie RsFlHFa banks were
mostly free from anything la the na-
lure IT runs" ar uneaslness 81 the
af If depnsitofH.
quotations for steel ana iron we're
vs. leading manufacturers
aaaY This, u Nns said Indicates
purpose "a make no commitments az
eHeni low prices pending ho outcome
y the foreign miuatiun Conditions
Il the copper Hduaify may be- Judged
tom the fact that further eHfiail.
uaAt hna been ordered
Caution Everywhere
An Incident pointing % the attitude
+ same ~ the larger industrial com.
4aHiea hi this time was the deemfa
ion ~ q g per cent 'ocrp dividend
s. tbs American Tobacco company.
payable 4 year off naleaa ~ the reg
llat quarterly per cent dividend.
Embargo nn export freight eungln
lee, railroads running into THIS port
lattsinK water lines Of their refusal
p accept ahipmsuia % Europe Tx
9eftefn are hopeful that EnRlana VIII
ind some means - opening safe irai
.lc q Europe War flslts On Ahlpa
'binH The FLAGS 81 heiilgtrenis which
N.re q per cent yesterday. rose To-
IS and 90 uef cent today on sarspea
Ia Aumraila. South kfliea ana the far
$ ~