ll.W OF 



'- 



renneaiae < *l and 



nly important gain* ware in 8of*r 

 -. and Manhattan. 



. 

 "> were 66^8MM barea, afain*t 



IV . 



IM; 68.0tl.tt8 in lll ; 71.*M*5 in 





.-. ' . 



of the year* IH84. 



i 



9 



lit 





TV ' Hbowi the hiKhcrt prior* ,,f a 



n 1MM. and the 

 4fhe*and Iowa* in 1886: 



MM too**' 



oftaw*.Ttea and aat r* 



' 



1B -M * ... 



:; ; 





.;-. . 



I .1 \\ . 



II* 



184 



1:1 



H 



: 



: 

 



M 

 t7 



: 



i 





Jl 



M 





r 



- i 



1 \h *. The import* of in. r- 

 v.-ar..|i.iuii: !><. :n. 1805. were 



.ndbe wrra 

 . The -xr,^ of merrhAiidbe ei- 



,., f ,>:. 



I h,- . \ r 



.. nii'l 

 457. 



L8H 



arkot M in nn nK- 



tho brfrinninK 

 , :> pricea, to be covered Ut 



drfu 



BnropMB 



hiffber price* which 





by 

 it * r\ 



ti..n. rir, f- r 





Mini (ri'iit tlir . 





' 



- 



i in 

 financial 



iniiV: 



fold ahiptnrlil inal<- l. a Laiiki!.. 



prominence, all "f the f. r 

 OO-operatini; with il,. 



to maintain confidence if 

 iiiiaii..n. 



wa* fulfilled at the end of Jurw 

 <rne*ought loittobur* 

 f..r the luai of gold rauted by hipmet 

 .g the metal from II 

 in. I. th.r, 

 an.l 

 bank* to depnait fold wi 



which began in Ji 



ffocwinf ilnmmlle fold from 



finally br indneinaT eomr of the 



h the Tiwunrv toes- 



tmder note*. TM v&+ 



but they wen re*umed it. 

 tinned to the end of the year, and they wet* 

 rMon of the Unlned no- 

 litu nl and financial iluaiion. bat the rnlnine 

 wa* omewhat mtiicied by 

 money. 



The nominal rate* 

 ing in January were 

 $40i for *ijrht. Bill* were mn aad 

 matul for remittance was ao great by rmaon of 

 tfMOMtl 



nil tl.. 



. ... ... . 



$.550.000. On the *h the Bank of 



1 the price of American fold coin to 7. 



^r ounce, but mich wa* the urgency of the 



demand to mint the in.ial that nominal rate* 



l.anp- w. : 

 ilay and $4.iJOi f>r 





on ilir amh 



>akiiiK' a total fur the 



new i**oeof bond* enwrd a fall of half 

 nominal rate* on the 

 thrrr wa* a reoota 



: 



.lav and $4.W to $4| for *4gbU T\e MrkH 



he morninf of the JI-, bat 



e aftm.ci.aAd lav 



.t $4 W to *4JM lor daty- 



opened *troog on 



for January, bol 



in thr aftrrmwo nrw that 



un*rltlrd and lower, nominal raten 

 and $4.w fnr hon 

 -xit the middle of the month there 

 wan a firmer tone by renann of a demand for re- 

 m nod rates advanced by the do*e of the 



- 

 HMforrffbt. OB the tOth $UW,- 



