The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-03-08
MISCELLANEOUS.

NEW YORK METALS.-New York March
7-As yesterdays market was weak and
lower, SO in proportion today's market was
firm and higher. Yesterday there were more
sellers than buyers. but today this order
was reversed. At the close the metal ex-
change called pig iron warrants steady at
$50 nominal; lake copper quiet at 1775c
nominal; tin. frmer, with s23.75 bid and
s24 asked: lead firm and higher, with $4.3
bid and $4.321a asked. The brokers' prices
for lead is $40, and for copper 1Sc.
NEW YORK COFFBE-New York, March
Coffee options opened barely steady at
to 10 points decline, under disappointing
and weaker spot market. Rallied partially
on local covering, but general undertone
weak. Closed steady, unchanged to points
lower. Sales: 1880 bags. including April,
September, 5.45@550c; October, 5.5005 coo; De-
cember, 5.75c; January. $3.50; March $500,
5.S6c., Spot coffee, Rio, dull and easy; lower
to sell. No. T. invoice, SIC; No. Z jobbing,
694c. Mild, quiet; Cordova, S@14c Sugar
Raw, strong. tending upward fair refining
3Bc; centrifugal, sc test, 4ssc Molasses SUI
gar, SIC; refined, firm
WALL STREET GOSSIP-New York stock
gossip, reported by H. Holbert & Son. bank
ers and brokers, 341 Robert street, National
German American bank building, St. Paul:
Strong sturgis & Co. wire US: I'VE have
had limited market, with a somewhat bet
ter tendency, most observable in the coalers
They have been strong, particularly D.. L.
d W., which has advanced on the buying of
Soou pooPie, VIII tHinh tldI tne coal Sltua-
ton Is steadily improving and that Read
ing, also, will be much benefited. We have
noticed, however, a distinct hating in the
speculative demand, doubtless caused by two
things; the first, money and the second in
dustr1als While money is still easy and
plentiful, the rates are still hardening, and
from now until April TO- or thereabouts we
shall not have lower rates. This pinches the
borrower who has poor colaterals and who
offers industrials. AS a result, the latter
have been rather freely forced for sale and
market being limited, decline has ensued
In sympathy there with railroads have work
ed lower, and good many small traders
have sold, while the margins many ac-
counts have been materially reduced We
are not, for these reasons, hopeful of an
immediate recovery, and while we are not
urging extensive sales we are disposed to
buy with care The question of the crop is
at our door, and as it Is generally dis
turbing element we find in it further rea-
son for prudence
NEW YORK COTTON-New York. March
THE cotton market opened qu.cs and
steady, prices unchanged to l point higher
and ruled exceptionally dull with change,
IN prices slight. New Orleans sold August
ana bought May; Wall street purchased the
present crop deliveries in a scattered fash
ION; foreign representatives took little or no
part In the business DONE traders fer the
most part were using scalping tactics News
at hand were favorable to the bull side. Flu
lures closed quiet and steady: March 25c.
April, G.33c; MAY. 634c: June. 631c: .Iulv
6.2Oc; August, 6.33c; September, 500: Octo.
Der, 6.2oc: November. 6.17c; December SOC:
BUTTER AND EGGS-New March 7-Rut-
ter-Receipts 1884 packages; steady West
ern creamery, 151a@20c; Elgins. zoe: factory
l20191sc. EGGS-ReceiDts, 574s packages:
steady Western. &c; Southern, 23@23ISc.