The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-09-23
NEW YORK MINING STOCKS.
BOSTON MINING SHARES.

WALL STREET GOssIP-New York stock
gossip, reported by II. Holbert & Son. bank
German American Bank build ng st. Paul.
Post F.agg wire US: To-day has been
quite dull, but on the whole the market
has been strong, alth ough without particular
feature. Sugar sold off quite a good deal
and the rest OF the list closed fractionaIy
lower, principally on sales by the traders
en- account of the continued weakness III
Sugar. Money was again easier today most
loans being made at 4Q412 per cent We
are inclined to believe we have seen as
high rates as we are gcing to, for the situa-
ton has proved just what we thought it
would, or, in other words the relief from
high rates is automatic by imports of gold.
In last hour and half the market centered
on the action of the Union Pacific directors,
some saying they would declare 1 per cent
some ~ per cent ard some per cent, and
as they declared the middle rate, which was
expected, 1t had little effect On price of the
stock. 1t is we'll to note tina. the dividend
is declared for the half year ending June
80, so that in three months more they VIII
again act On the dividend and the feeling
Is that the next one will be at the rate of
per cent, as for the past year they showed
full per cent earned on the preferred
STOCK and over l12 on the common. We con-
slider this stock about the best purchase OH
the lis, whenever it is weak
LONDON MONEY-London. Sept. 22.-
American securities opened firm but later
became quiet, with a declining tendency, and
closed dull. Operators were active The
amount Of bullion withdrawn from the Bank
States was f274 900.
FOREIGN FINANCIAL-New York, Sept.
22IThe Evening POSTS London financial
c2blegram: The stock markets here re-
main life-ess. They opened dull today on
a rise in the bank rate. This surprised the
market, the advance not being expec ed till
next week. The movement, however, is JUS
titled by the bank figures and the fact that
the bank is obtaining control of the market.
IS SHOWN by borrowings by the market from
the bank having commenced today. The
Dank charges per cent for four DAYS
Bankers and discount houses raised money
rates, in sympathy with the bank rate the
London market now being 23s per cent
Americans alone were good during the great
er part Of the day, but they fell away at The
c-ose, chiefly on French selling. The feature
was a sharp relapse in Union Pacific whose
dividend is anXioUsly awaited"
NEW YORK MONEY-New York. Sept. %.
Money on call, 212@3 per cent; last loan
per cent Prime mercantile paper, 4G15
per cent Sterling exchange easy, with actual
business in bankers bills at s4S334G4.S4 for
Posted rates, $4.82&@4.S5. Commercial bills.
$4.SO1a@4S0A. Silver certificates 61H662c
Bar silver, 81 5-16c. Mexican dollars. 471@c.
government bonds weak; state bonds easier:
GOLD FOR ENPORT-New York. Sept. %
Engagements Of gold for import have been
made by Ladenburg, Thaman g. Co. $500
600 and the Bank Of British North America.
5000 49,
SPANISH FOURS-Madrid, Sept. 22-span-
ish As closed today at 67OO Gold was quoted
at 54.75.
TREASURY STATEMENT - WASHINGTON
Sept; 22-Today's statement of the condition
OF the treasury shows: Available cash hall
ance, 1914, 1854 255; gold reserve, S243. 900 923
BANK CLEARINGS.
St. Paul-$936, OBS. S8.
Minneapolis-$1 515, 002
Chicago-$17, S45, 49S