The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-12-11
MINING STOCKS.
WALL STREET TALK.

Inc SlOCk 0ACHd0S0 VIII De closed on Dec.
rs. the Saturday following Christmas day, but
will be open on Saturday, Jan. @ owing to
the large financial settlements due on Jan. l.
One OF the developments in the market was
the sale of Long Island stock at a consider
able decline, which may be referred to the
death OF Mr.. Corbin, who for years had con-
duc-Id the company as one man affair.
Well advised people at Washington do not
attach any importance to the rumors about
the U. P. funding bill. 1t is pointed out that
while such q measure might pass the house
Its case 1t would be hopeless one in the SEN
ate.
leader in Wall street is the necessity OF
the hour ana nobody seems willing to come
forward and encourage largely on the bull
bear side of the list
St. Paul earnings show loss Of nearly $114,-
COO for the first week of December.
BANKS ABROAD.
BERLIN, Dec 10-The weekly statement Of
following changes as compared with the pre-
vious account: Cash in hand decrease, 2, no.
600 marks; treasury notes, increase, 200, 600:
other securities, decrease 1873, 500 900; notes
in circulation, decrease, %, $4,000.
London, Dec. 10.-The weekly statement Of
the Bank of England shows the following
count Total reserve increase, 1888, 900; cir
culation, decrease, f2S6, 900; bullion increase
,5O4: other securities, increase, $4,000;
other deposits, decrease, f22 00O public de-
posits, increase, f465,OO0; notes reserve, in
crease, f505, GOO; government securities un-
changed. The proportion Of the Bank Of
week was SO 81 per cent, is now $40 per cent.
FOREIGN FINANCIAL.
NEW YORK, Dec. 1O.-Evening Posts Lon
don financial cablegram The stock market
opened dull today, but closed better all
around with the bears covering. Business
in money rates has little effect, because it is
usual at the end of the year. The rise in
Indian exchange Is closely watched, and
council bills sold today high 1.3 1892
Brazil bonds continue to rise. 1t is reported
that today's Withdrawals from the Bank Of
England for Egypt forms part of this
eminent in return for the advance made
by the Egyptian government for Soudan ex-
petition, but believe that such 1t not the
case. 1t is probably an ordinary transaction
The Paris and Berlin markets were firm
There was better tone in Paris. where each
month successfully passed should mean q
safer financial position, which is by no means
clear yet.
BANKING HOUSE QUITS.
CLEVELAND, Dec. 10.-he banking house
Of Jonathan Esterly Co., of Coumbiana,
has gone into the hands of receivers The
assets of the house are given as 100000, while
900. The receivers are required to give $225-
600 bond. 1t is said the appointment of the
receivers is merely to wind UP the business.
NEW YORK MONEY.
NEW YORK, Dec. 1O.-Money on call, 11z0
steady, with actual business in bankers bills
at 81 S614@4 1864 for demand and $4.s3A for
sixty days; Posted rates, $4.S4Q4 .S41k and
certificates, 65aQ65%c. Bar silver, 65Ac.
CLOTHING STORE CLOSED.
DENVER. Dec. 1O-The clothing store of
H. Schradsky, one of the largest in the city,
was attached today by Kahn & Co., Of Chi
cago, for a claim of 6,4O0. No statement OF
assets and liabilities has been given. but the
stocks are estimated at $4,000 to $75, 900 and
are claimed to be for in excess of>labilties.
BANK CLEARINGs.
St. Paul-$752. 554.6S.
Minneapolis 81, S4s, 284.07; for the week,
$40, 691, 5000.
S. ,068.
Boston-Clearings $14,242,17s; balances, ST.
533, S2S
NOT MUCH CASH.
TOPEKA, Kan, Dec 10.-An examination
Springs bank, of which Col. Alexander War
ner was president, reveals but $29. 36 In cash
on hand. The capital stock of the bank was
$65, 600.
TREASURY STATEMENT.
WASHINGTON, Dec 1O.-Today's statement
able cash balances, $225, 976, 442; gold reserve,
$133 0S6,990
BOMBAY RATE RAISED.
BOMBAY, Dec. 1O.-The Bank of Bombay
has increased it's rate of discount from 8
to per cent.
CHICAGO MONEY.
CHICAGO. Dec. 1O-Money steady, I'M
changed. New York exchange, 4Oc premium.
Foreign exchange firm; demand, 4S6A;
sixty days, 81 S3k.
LONDON RATE UNCHANGED
LONDON, Dec. 10.-The Bank of England's
rate Of discount remains unchanged at per
cent.