The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-13
NEW YORK MINING STOCKS.

WALL STREET GOssTP-New York
stock gossip, reported by H. Holbert &
Son, bankers and brokers, 341 Robert
building, st. Paul-Strong, Sturgis & Co.
wire us: ut may be said that the day
has been devoted to collecting margins,
fortifying loans and in general repairing
some of the damage suffered yesterday.
1t is cherries and most distasteful
task, and yet one that is made the more
urgent by the increased hostility toward
the 1nduStr1als manifested by money lend
ers., Naturally the severe declines Of yes
ity Of i, G. +. American Tobacco s or
shares has been distinctly lessened. The
differences to be drawn from the lesson Of
yesterday are f1attering to the credit of
the street as giving good evidence of
a severe comment upon the vulnerable
state of many of the more speculative in
terests. Such a break as took place in
accustomed to very great variations, and
1t makes even those who have the most
absolute faith in this and kindred prop
critics stop and reflect
Bartlett. Frazier & Co., Chicago tele-
graphed the following to Edwards &
Bedell, stock brokers and commission
Minn.MAdams Believe - the the Improved mi we'd
money situation in London and favorable
financial legislation in Washington will
have a material effect on our market
and stocks bought now will likely show
a profit before the end Of the year,
Bartlett, Frazier & Co: cit is reported
that Rock Island gross for November will
increase approximately $175, 00o''
FOREIGN 7FINANCIAL-New York,
Dec. 12.-The Commercial Advertiser S
London financial cablegram says: "The
markets were fiat on continued dear
was bruited about that the Bank of
France had agreed to release $500 900 gold
to satisfy the demand from South Amer
lea and to advance Ell, 100000 to 93, 600, 0OC
gold to the Bank of England If required.
Ready credence was given to these re-
ports as was shown by an all round smart
recovery in stocks. Americans were
above parity until 2 p. m, when early
selling orders from New York came in.
After the WALL street opening further
selling orders came in and the close was
Irregular, most prices being lower on bal
ance Money rates were stiff all round
the general rate for Americans being S
per cent; for st. Paul, IL was asked; for
PennsylVania, per cent. Discounts were
e27,0O0 in French coin, and 10000 was
taken for South America Copper stocks
We're fiat, Tintos. 445s@44%: Anacondas
7A: Utahs; 81; Bqstons: q; Avinos, 1 SIG.
Failures in the metal market caused
forced selling: The Calico Printers as
ISOLATION has issued its prospectus show
ing capital of 98.200,0 00 The business
acquired represents IS per cent Of the
British industry"
NEW YORK MONEY-New York. Dec
12.-Money on call steady at 4d8 per cent:
last loan, 4 per cent: ruling rate. per
cent; prime mercantile paper, 5lka6 per
cent; sterling exchange firm. with actual
business in bankers bills at $4S67s64. 81
for demand; and at s.; s1G4:S1h for, sixty
days; posted rates, s.. 500 821a and $4871a;
commercial bills, $4.S004S 01h; silver Ger
ti1cates, 59G60; bar silver, 591sc; Mexican
dollars. 47zc.
TREASURY. STATEMENT-W Washing
ton Dec 12.-TOdayS statement of the
treasury shows: Available cash balance,
$287, POI, 652; gold reserve, $242, 0603e6.
BANK CLEARINGS.
St. Paul-$S6S. 523. 33
Minneapolis 81, 060, 231
Chicago-$24 1927, 1856
New York-$270 995 1874
Boston-$31 213, 1856.
Chicago, Dec 12-Butter steady:
creameriess, 16q25c; dairies, 1920. Eggs
firm; fresh. 20c.i