Show B diw U 81 N E 8 B EITT E R so say the taft eastern bankers A FLURRY nr IN views on the silver quest ion but little silver being bought YORK YOKE july 12 notwithstanding the flurry in the stock marset marriet bank presidents aud and others occupying positions familiarizing them with c current n arent conditions corx inona unanimously agreed that the ha general beneral situation has haa improved and continues to do so BO there was nothing li ii the tha financial situation of the country to an une unsettling ettling two or three cases were depoi ted today of country banks mostly mooty in pennsylvania co coming mingin into to ibis market as buyers of iader in a small email way tempted thereto by the high rates alj abid the fact that they had bad money to their credit with their new york agents the amount of purchases pure bases in the aggregate I 1 ia not largi larg but it is believed to indicate an eaner monetary mone v condition conil iliou in certain st etious of the ibe country abe condition of the banks in philadelphia was reported practically nn chan ged d nd new york exchange oaly aghta obtainable I 1 in iii that city at a high premium aum ium averaging about tier per 1000 some chilade abia banks nave have reduced the indebtedness W t correspondents corres in in tins this city lint but the bala balances tives are skill largy large the new boik banks however are tr treating eting them leniently regarding the silver kiei tion in the west the president of a prominent down town bank received tha following letter leiter today from the head of a leading nier meri house in denver which has dealings throughout the silver state in reg beerd rd to silver mining in the stats state a candidly believe the present situation is very much exaggerated and that as soon eoon Ps BB there is any prospect of obtaining a definite price for silver a great many of our mines mines will be oper tad on as large a scale cale as formerly this we say eay on the supposition anat the price ofa ailder say 75 cents per bunei is 9 a reasonable price as silver ailder coats very nearly this fleure to produce if the price of silver should decline materially below 75 cents per ounce there bt edly will be a curtailment of production in this state but we believe as a rule the merchants will be able to nay day their accounts in full and the loss lose to the ibber at any point in this ibis state ought to average a avery very low percentage the tha talk and threats indulged in by a few rabid silvertee Bil sil vertes is in in our opinion ion taken too seriously y I 1 in n the east as the parties who do most of the talking have hava no creditor credit er standing at home mail addicts from panama under date of july 5 bays sa the tumble in silver has crea created t e is general consternation among business men who trade in countries which are exclusive exclusively lv silver silvar using communities the eident extent t to 0 which the credit system prevails prevail a throughout spanish america is no nn known in the north and the debtor who sees his resources diminished by half the sudden depreciation of the money he ne uses is inevitably forced to the w wall all 11 |