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Show AlilmtltU Te.aiu la alltee llelllan. Nl.w Vonic, June 0. The Ihenbi'j San aaya that for aeveral da) a it there haa been animate trading lu silver bullion rerlincalra uioii the stock exchange; the price, howevvr, mini steady around Vi ceutier ounce, and It has aeemed Hi Wallatiect par. lauca to have been ieggml at that figure. II was rumoroil In Wall tin at thla morning 'that a large J'reuch eyndkate had hetn formed to jure hate thla entile stock of silver. The syndicate, syn-dicate, It waa aald, waa re pnea-nled lu thla country by Ihe banking house of Heldelback, Irkelhelmer .V, CVi, The hea-l of the syndicate lu llurope. Is thought to lu the houio of Thurich ik Co. cfVlenua. It Is said (hat Heldelbach, Ickel helmtr .V Co, hold aliout time million ounces of the stork represented by tho tece!ts of the Mercantile Trust e-otn uy, which laat night were 5,lr.3,oi.1 ounces. As the iuhhU oftheeyudl cate, w hlch roposea to purchatn about live million ounces, aro hot jet it 'led, th silver will not yet le withdrawn from tho Mercantile Trut company. If this were dine, a shortness In the stiprly would become at once ApirerM und the price would advance. 'HP plan of Iho ayudlcala Kema lo lie about na follows: It la thought that Iho stock of silver held In New Your represents tho largo ait nf the whole Dialing sup.). 1,-iet Yeir I'.inilniiJ In Id alargn aiock i f silver, but it haa since been sent to JaiH'i, India and China. Tho wlio I loduot if thla oou ntry waa uead up by is f r i linage and by Iho orle. If l.urole needs any more silver thu B)iidlcate controlling practically Ihe largest I art of tho suppl ) la lu a ocil s lloulo dlrtiln the price at which it ,n III utt with It. Mcrerer. on election lime ap mac he, It Is rtif. ight rliat the Weet will renew tho silver igltiilon, and aiiolhiri-lloit will he ma.ie lu th.i nextCnngresi to Ait Ihrougli a free coinage but, Hllvirwent up lo 10 h.t )er on theexiHietatlonol freo col uagr, and II the bill should henomea law Una year, It will undoubtedly go to thai ilgutu aialn. The Ihlnl mint that llr syndlcale Is saldtota-calcniMlriguiioii la lhal relent re-lent and present troutde lu 1'urojK will force li... gol I elaiiiar I countries' loa.tnAa blmelnlllosunilant. During the Hiring iilo 111 NovemU-r last Ihe Hani of liiiKl.iml wae f.m nl to I.-remie I.-remie a Uirrower from the Hank of Kratioocf thno nilllloti Hniuds. Tho llankof I'raiKu waa able to aJvanco Ihla sum only mi account of lis ability through Its e harler lo y out silver aa well aa gold wheu Ha noli a are rest, lit ed tut yment. |
