The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-06
NEW YORK MINING STOCKS.

WALL STREET .GOSSIP-New York
stock gossip, reported by H HoIbert &
Son, bankers and brokers, 3A Robert
sset,eeet. Natlonal German-American Bank
Dulldlng, st: Paul: Strong, Sturgis & Co.
has not differed frefn that Of ' Yesterday Slsr
In any material point Prices have de-
cltned mainly on sales for the purpose
OF realizing, and long shares have come
upon our market from timid holders in
very considerable amounts. It is not
easy 10 say Just how far the present
weakness may. 60. but we cannot see any
good reason for decline of such I'M
portance as the conditions of a local
nature should improve. OF course, the
european money market must remain a.
menace so long as the conflict continues
In the TransVaal. OF this one can onIy
surm1se but here we have the natural
tendency toward easy money that wifi
have good influence, and behind it The
earnings of the various systems I'll 50
encouraging and gratifying. We will have
money rates and European news, but in
January prices should improve decided
Bartlett, Frazier & Co.. Chicago +e1e-
graphed the following to Edwards & Be
dell, stock brokers and commission mer-
chants, 10 Endicott Arcade st. Paul.
Mlnrl t Martin: No stocks pressing for
any rally. '-Wortley: Market out let
but rather heavy. Disposition is to wait
much. 1t is believed that the effect nf
the message will be to depress the indus
tr1aIs. keene brokers are thought to be
selers OF Is. h T. Flower brokers seem
to To- be very confident as to the future Of
Federai steel" Morse; THE decline NAV
go little farther today for the Keene
GTQwd mas got a good hold on the mar
cline In the sense that 1t is taking 0lace
IN the race of the best general conditions
ever known In this country except that
money is high from general business ace
Standard railroad stocks on declinesy
particularly Burlington. London is duIi
anr q sn noe lower. without much sup
ern continues to make an excellent show
ing on net earnings. The statement for
Octoper showed a gain of 1859 900 for the
year. . install
FOREIGN FINANCIAL-New York
qec. o.-Ihe Commercial Advertisers
London financial cablegram saws: "HTbo
markets here We're idle and heavy TODAY
on apprehensions Of. dearer money and
heavy South African shipments of gold :.
mere Is some expectation that the Bank
or france can be drawn on for half the
required supply, but the council has an
nounced that it will not raise the rate
this year unless the reserve is attacked.
~ n CERTAIN quarters 1t Is suggested that
the Bank of England will soon raise its
discount rate to per cent. Americans
were lacking in backbone but there was
fractional Improvement in them in the
AFTERNOON. Spanish tours were 671b: Tin
tos,. 1875; Anacondas. 91s; Bostons. X:
Utahs, 4. Avinos, 1 GIG. Money was
easier, and the bank bought 1000 gold in
French coin" "
NEW YORK MONEY-New York. Dec.
5.-Money on call firm at Gas per cent;
last loan, g.. Prime mercantile paper, 81
Q6 per cent; Sterling exchange strong,
with actual business in bankers bills at
$486!aQ4.S7 for demand, and at $4S1ss6H
4.S2 for sixty days. Posted rates, $4.S21S6
4.S712; commercial bills, $4S01k@4S1. SIT
yer certificates. 5S1s@591kc; bar silver. 59c:
Mexican dollars, 471Ac
TREASURY STATEMENT-Was
ton, Dec. 5.-Today's statement of the
treasury, shows: Available. cash balance.
1886, 11O,104; gold reserve, $23S, 056, 977.
BANK CLEARINGS.
st. Paul, $685., 041. 80
Minneapolis, 81, 703, 316
Chicago. $26, 615 964
New York. 1922 234, 464