Deseret Evening News | 1905-04-14 | Page 10 | Panama Exchange

PANAMA lUl IA E Steps to Prevent n a Decline In ht It New York April HIt 11 It lit is t reported that precautions are aio being token taken by bytho h bythe tho the government mid the tho banks cays n Herald dispatch from front Panama to prevent a n In lu loom local exchange an III a n result of ot u it possible movement Silica new cut cur ell has heels been put Dot Into circulation and tho the requirements of ot the thc canal Saint commit aloft have hlo boon been Il I hv hYO reason conceit of ot the tho Inigo 1 number of rs who cure 1110 employed on tho the cavil and mire lire paid in lit sitter silver It Is IK countered loll essential that legal I parity be maintained Minister Harrett Barrett and inv Davis of tho canal zone arc me lo to prevent present a n I crisis I Il l x however Is II now maintained nt per lIer cent lont on New York nt lit too per cent rent on nu London Loudon and 97 07 per vel cent centon on an Pails 1111 l of Panama silver cola coin for fo American golI goll goJ Is ut lit per Ier cent ont for fOl all nil purposes nil II gold Koltl nt nl 03 W tel Del cent but bul there thele Is no nn great grent demand for tor either cither gold or of exchange