AMERICAN FINANCE.
(Press Assn.— By Telegraph— Copyright). ' NEW YORK; November 1. ■The bankers'; syndicate; headed by Mr , Pierpont Morgan,' purchased, six million pounds' ;worth of New! York City, bonds, ■vyith the option of. : acquiring four million pounds' -worth' more on the same terms. v The ; American, Mint has ' been\ directed to imiriediately coin fifteen million dollars; vTVorth of v double i eagles to relieve the monetary stringency. • • ..T^ 6 9* overn ° r °f. California announces that it is his intention, to proclaiia a fitiic,-.. ;eie^ioh of f legal: "Until confidence. Jiasr; been restored. It is not expected that all ,the -banks will observe the holiday. The New York bankers are urgi*l& President Roosevelt to convene fa congress to deal wish currency, reforitt. President Roosevelt promised to consider the suggestion, but gave no; indication 'of, his intentions. / , '
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Bibliographic details
Poverty Bay Herald, Volume XXXIV, Issue 11116, 2 November 1907, Page 5
Word Count
136AMERICAN FINANCE. Poverty Bay Herald, Volume XXXIV, Issue 11116, 2 November 1907, Page 5
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