OCR Text |
Show STK1NOKNCY OF THE LONDON MONEY MAKUET. We have eci a muubcr of Ict'.ers from eastern capitalists in which a prediction pre-diction is made of a depreciation in the London market, of mining and other stocks, because of tha withdtawal from ypoeulalivo il-- t ei' immense amounts of specie to pay the war indemnity duo from France to Germany, In the Sacramento l'ni'n we li-id an article in relation to the payment by inMall-lnotits inMall-lnotits of this wav indemnity, which takes the same view as the loiters referred re-ferred to, as to the effect which the payment of the indemnity in gold will have upon tho ueyotiatieti of ralea of mines and minim; stocks. France is obligated to pay to Germany in biweekly bi-weekly installments of $ Uv3tM00O, between the I '-th of January and the oOth of April I ST 2, the som of $toi,-tK(HK $toi,-tK(HK in gold. The French minister min-ister of finance holds lare bills on London, Lon-don, snd it is aid that the greater part of the $l.'0,t.V01tV'i) wi'l have to bo paid by the bank of Knlav.d. T!ie Uuik wished to pay pruieipa,,y in paper, pa-per, but Germany will only accept of jcoid, and the payment of sold eantict be avoided. The Germans ?c!vio:u deal tu any but staivl st-.vk-, whi'e tlie Knglish when they h.tid a plethora of money wii! inve.-t it in f.uiev, spcc.i;a-tive spcc.i;a-tive ciuerpri.-es ri-;:;;; lare s'.ims upon prospects tl-at pror.:i-e iar,-e returns. re-turns. Of the c:Vct w!:;:1.! thl i-u-uicnse depletion of the l:v! vaults of the bank of Kn.rJ w-,l h tve u;sia tlie uii:;i;:,; i'.e:e.-:.- t! :- eir.tv tho r.o.-i -MuchV.a.bee-ic.vei-.d in l';ah, Nevada and Gali.'ovrr.i :: London investments ::i mii'.e-. "L i'.ec exp;e-tatious exp;e-tatious ni.;y Lo :r.ea-'.:ra:lv b'a ;cd when the lae.li. l-hi.a-d :.! have transferred lrom eih'y i.o;k hni.dr-.xi miilion dollars in .told from i'.- v.uilts to the German ex eh -;er. a-vl the d-y isn't four ioo;:;i.- .i .e.. ,; .ii ,: at wii! have to be d -n," |