OCR Text |
Show Too Much Silver. New York, 6. A Frankfort correspondent corres-pondent of tbe Commercial Bulletin says the accumulation of silver in Austrian bauks has become a mild nutsance, which botli the banks and government aie emltavoring to gel rid of. There ia an unwillingaeeB ol people to handle silver, who havo been used to paper currency for thirty years, and they find it convenient only in regard to its immediate purchasing power. Since last September Sep-tember 31, 132,000 guilders of silver coin have come into tho vaults of the Aujtro-Huugarian binlr, and tbeBe aro now almost filled to their utni06t capacity. Various remedies have been suggested to call in the ona to five guilder notes, and increase the fifty guilders notes, and thus compel com-pel the publia to accept silver. The general council has now placed 1,000,-000 1,000,-000 silver guilders at the disposal of government for tho purpose of withdrawing with-drawing one guilder notes. Besides this, at the bank offics in Vienna and Peslu, silver lo tho amount ol 10,000 guilders to any one person will 03 exchanged lor hank notts. Large quaniiues of the grain atjres in Little Walhichia, Servia and Roumania, are awaiting the opening of navigation iu Hungary aloDg the Danube, Theiss and fcUve. We bear of preparations for lare shipments. |