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Show A DEAL IX SILVEil. A Trench Syndicate Descends on Wall . Street With a Determination to , , Gobble up the Supply, ANOTHER H0BE0R IN IOWA A Farmer Boy Assailed by Famished -iTrauipi and Castrated The Great ' Calendar of Crime. New York, Juno tj.Tho Evening Sundays; For several days past there has been animated trading iu silver balllon-certitioale upon the stock exchange. ex-change. The price however ruled steady around 0s cents per ounce and it has seemed, in Wall street parlance, to , have boon pegged at tiiat figure. It was rumored in Wall street this morning that a large Freuch syndicate syn-dicate had been formed to purchase this entire stock of silver. The syndicate, syndi-cate, it was eiiid, is represented in ; this country by the banking houee of Ileidelbauh, iokolbeiiiifcr it Co. The head of the syndicate in Europe is thought to be the house of Thorsch & Co., of Vienna. It is said that llei-ilelbach, llei-ilelbach, IcUeiheinie r & Co. holil al)Oiit three million ounces. The slock represented repre-sented by tho receipts of the Mercantile Trust company, which last ' ulgtit were f,-i:iii,.V:j ounces, as the ucuds of tho syndicate which proposes to purchase about, hve miliiou ouiieos is not yet liiicd. Silver will noi yet be withdrawn for tho Mercantile Trusfceompuny. If mis were done ttie ehortuess la the .supply womd become at once appaieut and tiio pi-ice would advance. The plan of the Byuiiioate seems to be about as follows: It is Uiougat the stock of silver held in New 1 oi k represents repre-sents a laige part of the whoie iloaiiag supply. Last year Eugiaud held a iaia stock ot silver, but it has since becu tout to Japan, ii.Uia end China. The whole prouuci.on ot this country was 1ised up tijr tho -goveriiiiiout iu rneoting iu legal reiniiremi uls lor coinage coin-age ami by tho arl. lluuce if Kuropu needs any more silver, the syudicale controlling practically the larger part of the supply, is in a posiiiou to dictate dic-tate the price at which it will part with it. Moreover, as election time approaches, ap-proaches, it is liiougiil tho west will miew the silver agilaliou ami auother effort made in the next congress to put through a free coinage 0.11. Silver went up to U'O last year on the expectation expec-tation of free coinage, aud if the bill should become a law tins year it will undoubtedly go that tigurc agaiu. The Ihiru" point that the syndicate is said to be calculating upon is that the recent ud present trouble in Europe will force the gold standard countries "to adopt avtaotetallic standard. During th'a Bariug pauio in Novemb.ir Just the Jiank of England was forced to bo- , wine 4 roitovm-'froia- bask i France of three miliiou pounds. Tne bank of France is able to advance this sum omy on account of its ability, through its character, to pay out silver as wail ns gold when its notes were presented for payment. |