UNITED STATES FINANCE

Dominion, Volume 1, Issue 46, 18 November 1907, Page 7

UNITED STATES FINANCE

.- * MR. BARNEY'S LOSSES. / BT TELEGRAPH—HIESS ASSOCIATION—COPYRIGHT, New York, November 15. An official examination disoloscd no evidence of fraud in tho Knickerbocker Tni3t books, which aro in good order. , The losses of Mr. Barnoy, late president of the Trust, who committed suicide, totalled one and a half million storling. ■

GOLD IMPORTS. .'

THOUSANDS OF WORKMEN DISCHARGED. (Rec. Nov. 17, 4.25 p.m.) New York, November 16. The total amount of gold imported into Now York amounts to £13,000,000. Tho receivers in tho Knickerbocker Trust report that many of tho assets cannot bo realised at present or in tho near future. Thousands more workmen havo boon discharged in various industrial centres in America.

BANK RATE OF 8 PER CENT.

PROBABLE. London, November 16., The " Financial News'' says:—"With the continued outflow of London gold ovcnts are rapidly drifting towards a bank rato of 8 per cont." Mr. Morgan's negotiations to obtain gold from the Bank of Franco have failed. ANOTHER SUICIDE. SENSATION AT HAMBURG. (Reo. Nov. 17, 4.25 p.m.) Hamburg, November 16. A tremendous sensation has been caused on the local Bourso by the suicide of J. Ballin, a broker, brothor ot the manager of the Hamburg-American steamship line.