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Show IN I1MMIIL nrtCLK. Jay Gould Tranquil .nil Exiiecf. Ids; Iinprovement. "tw Vokk, 2fov. 16 Jay Gould had started to go home last evening when a Tribune reporter met blm. 'It has been a Ilvily day in the street," be said, In accents that left it doubtful whether lie was stating a factor making an inquiry. '! think the flurry is about over aud I shall look for a steady improvement In stocks from this time out. The decline de-cline in prices will bring ill large investment buying, for money that has been hid in stockings w ill be attracted at-tracted by it I am personally In a very comfortable position and I think prices n HI improve now." "What progress have you made in your Western railway- plan'?" 'I think many Western roada are about to adopt some plan fur securing secur-ing better returns." Kustell Sage said: "The market Is all right, with plenty of assets to fall back on, and so is London. The action there towards rising a guarantee guaran-tee fund of bankers and capitalists, following on our similar action there will resume confidence lu u few days." TUB HO-.LI.NG IN LOMW.V. Losdov, Nov. 16 Distrust in financial circles was not entirely dl-jlled by yesterday's relief of the Ilarl ngs. Hie general feeli ng Is that it is still too early to tunclude that It is all right. It is known that a number of minor firms have been under a heavy strain. Scottish banks will have a meeting meet-ing today for the puriose of adding to the Jlaring's guarantee fund. The wholebanklng world hasshon n alacrity lu sutRCnblng, and when all the provincial and other eub-ecrlplions eub-ecrlplions have arrived, the total sum will be such as will make the whole incident a brilliant triumph ot the organizers of the fund. Besides Be-sides the X3,(VO,000 surplus, the partner's estates represent immense resources. Tbe Barings' embarrassment was duo to the action of tho Itu'elan government, which, alarmed by tbe financial troubles lu tbe Argentine Republic during the eumnicr, sud-ileuly sud-ileuly withdrew from tbeliirings X2,500,000, Jut as it withurew XI,- mw.uw irotn tbe Uomntoir des Compts Ic the spring of 1SS9. Its action at that time resulted In the suicide of the manager of the Institution Insti-tution and the collaitu of the copper cop-per ring. UAEIIIM.TOX 0T ALARMED. "VA8lliaT0N, Nov. 16. The reported re-ported failure of the Barings creates no more than a passing interest in Washington. For many yenra that firm was the. European agent of the American government, so far as naval and diplomatic expenditures are concerned, and they carry heavy balances or United States funds, but Morton, Itoss A Co. are now the agents of the State Deptrtmcnt expenditure ex-penditure aud the Sellgmans are agents for tho Xavy Department. Secretary Wiudonieaya the balances with those firms are unusually Email. |