The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-08-20
NEW YORK MINING SHARES.
BOSTON MINING SHARES.
FOREIGN FINANCIAL.

financial cablegram: The stock markets
were stagnant today; They opend fiat on the
political situation, but recovered on better
prices from the foreign bourses at midday
a rise in the Bank of England rate having
Deen apparently feared by Paris and Berlin
Americans Jagged on the halt in the New
York buying and closed weak in the street
Ihere was a rise in Indian exchange, indicat-
ing the possibility even of gold going to
india. India council drafts have been sold
To-Day as high as Is 1S-16d per rupee against
Is . 9-l6d yesterday. The weekly statement
OF the Bank of England shows that coin and
bullion have increased f439, 900, of which f55
GOO was gold imported on balance, 5000 hay
ing Deen sent to India and ESQ, 600 to Egypt,
while $4,000 came from South America &C. 900
from the Cape, and $1,000 from Australia
me oank returns unusually interesting feat
ure Is a further decrease of nearly FL 900 600
in other securities. This represents borrow
ings by the bank and 1 have reason to be-
neVe that the amount has been borrowed
from the India council. The reason for this
borrowing puzzles the market. Apparently
the bank is desiring to get control of the
market, as if it feared gold exports to New
York or to Japan, although there are no
signs at the moment of either being actually
imminent. The decrease of Fl, zoo, 900 in other
deposits is due to the decrease in other se-
curities, and to the increase of f753, 900 in
government securities. The reserve increased
toOO,OOO. The Paris and Berlin markets were
hrm after period of dullness.
BANKS ABROAD.
LONDON, Aug. 19-The weekly statement
of the Bank of England shows the following
changes: Total reserve increase 1855 900;
CIRCULATION, decrease f115,000; bullion, increase
other deposits, decrease f, 707, 600; public de-
posits, increase f753, 600; notes reserve in
crease $3.50, 900; government securities, de-
crease 1852, 600 The proportion of the banks
reserve to liability, which last week was
51.22 per cent, is now 5344 per cent.
Paris, Aug. 19.-The weekly statement of
the Bank of France shows the following
changes: Notes in circulation, decrease 20
OOO,000 francs; treasury accounts current, in
crease 1,S75, 600; gold in hand, increase 3,615,-
0O0 bills discounted decrease 29;375, 600; silver
IN hand, increase 1,076 900.
DEMoRALIzED SILVER MARKET
LONDON, Aug. 19.-The Westminster Ga
zette this afternoon, commenting upon the
'demoralized silver market" says 1--WE
understand that the Americans who today are
forcing sales will soon resume purchasing,
In anticipation of a reopening of the Indian
minis" Continuing, the Westminster Gazette
questions the accuracy of the view held in
America that Great Britain's reply will be
favorable to the money proposals OF the
United States.
NEW YORK MONEY
NEW YORK, Aug: 19.-Money on call easy
at 1A@11a per cent; last loan, IA; closed
offered at ~ per cent Prime mercantile
paper, 3?@41a per cent. Sterling exchange
firm, with actual business in bankers bills
at $f'o9A ior uelLhdnu anu $4.o51eQ4o 1914 1or
sixty days. Posted rates, "a. S41a64. Sc and
$4.S61A@4.87. Commercial bills, s4.82 Silver
certificates offered at 53c. Bar silver, &C.
Mexican dollars $3.50.
BANK CLEARINGs.
st. Paul-$51S, 451.20.
Minneapolis-$1, 1853 486.
Chicago-$14,3 21 1872.
New York-$110 935, 116.
Boston-$15, 914, 100.
TREASURY STATEMENT
WASHINGTON, Aug. 19-Todays state
ment of the condition of the treasury shows:
Available cash balances 1921. 064 626; gold re-
serve, $142. 075, sos.
CHICAGO MONEY.
CHICAGO, Aug 19.-New York exchange,
35c discount. Sterling exchange, posted rates,
$4.S43 and $4.S61A.