GOLD WANTED.
EXPORTABLE PRODUCE HURRIED FORWARD SPECIAL STATE SESSION. FOREIGN BOURSES. BY TELEGRAPH —rP.ESS ASSOCIATION—COPYRIGHT. New York, Novomber 17. Minneapolis is rushing exportable flour to tho soaboard by special trains in order to break tho currency {amino. Southorn cotton is being similarly treated., The Governor of California haß convoned an extra session of tho State Lbgislaturo owing to tho acuteness of the financial situation. London, Novembor 17. Tho Paris and Berlin Bourses aro weak, owing to fears regarding a further raising of the English bank rate (now 7 por cent.) on Monday. FRAUD AND ILLEGAL LOANS. SOME DISCLOSURES. MORE TREASURY SUPPORT. BT TELEGRArH—PRESS ASSOCIATION —COPYRIGHT. (Rec. Nov. 18, 10.17 p.m.) Now York, Novembor 18: American, law officers declare that an investigation of tho Borough Bank, Brooklyn, disclosed illegal loans on forged papor. An investigation of tho Jenkins Trust Company, Brooklyn,, shows illegal loans to tho president of tho Company. The Secretary to tho Treasury,, Mr. Cortolyon, announces tho issuo of 50,000,000 dollars on Panama Canal bonds. He adds that the\Treasury will also issuo mtorosfc-boaring certificates for 100,000,000 dollars if | necessary. (Rcc. Nov. 13, 11.1 p.m.) Nov; Yor!(, November 18. Anticipation of Mr. Cortelyon's issue of Panama bonds, with other measures to relievo tho stringency, has causcd a slight improvement in tho situation in tho' United States. Confidence is reviving among small depositors. London, November 18. Tho Cunardor Maurotania took £2,750,000 in gold to America.
The above New York messago mentis that food stuffs and raw materials for export are boinc hurried forward, in order that the monoy which ovoTroa countries are paying for them may bo to hand an soon as possible.
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Bibliographic details
Dominion, Volume 1, Issue 47, 19 November 1907, Page 5
Word Count
272GOLD WANTED. Dominion, Volume 1, Issue 47, 19 November 1907, Page 5
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