The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-20
NEW YORK MINING SHARES.

WALL STREET GOSSIP-NeW YORK
stock gossip, reported by H. ~ 61olG 8a1oTt
street. National German-Amerlcan Banh
building, St Paul: Strong, .Sturg1s & co.
wi e US: ut does not require more tLlaIl
a glance at the tape to see the transform
ation that has taken place in the stock
in the last twenty-four hours ana II may
not be more than fair to say thai me
liquidation has undoubtedly purgea the
street of good many weak accounts, ana
left the 81 uation on the whole, in fairly
strong shape. There has been some good
buying of stocks here, late last night and
in todavs early morning market, and 1t
looks as if the people who have displayed
the courage of their conviction and
bought stocks at this period Will see
handsome returns from them at no ols-
tant dav The improvement in market is
perhaps a little too rapid, but at the close
tonigh there is some scalping Off OF
prices Unless there should be some un-
foreseen incident we expect to see prices
work slowly toward better figures, and
the losses of the past few days more or
less regained. The break in prices in
many quarters should attract the ten
ton of investors. The Steel and Wire
stocks and Hoop, which is earning ire
mendous rate, Southern Pacific, Atchison
preferred, Union Pacific preferred and
inducements to people who can buy them
and put them away. AS to the money
market, there is no radical change to De
noted The rate for time money is 513 o s
t.,
as per cent and as high as per cent,
but most business done at between and
per cent.
following to Edwards, & Bedel. stock
brokers and commission merchants 10
Endicott Arcade, st. Paul. Mimi: Talk
in Lackawanna is that the stock is to ; 5n
anthracite trade is in the best possible
shape. "-"Canvass of the street shows
there has been little commission house
buving. They have been paying M re
attention to adjusting accounts and get
ting in margins and fixing up loans than
anything else. Few have advised pur-
chases Most of the buying has been
covering shorts by prominent interests
active on the bear side. and by traders
and CLIQUE brokers; Selling has been
scattering as rule. Wh1cn, with per
NEW YORK MON!EY-New York Sept
19.-Money on ca IN. 6@7 per cent: last
4sl@51h per cent. Sterling exchange steady
with actual business in bankers bills at
81 S515@4.S524 for demand, and at $500
4.S61hG4 81; commercial bills. SASH; silver
certificates, 5934c; bar silver, SIS 11-16c:
Mexican dollars. 4T%c:
TRE sas e ME 81 tSe
condition of the treasu shows: Availa-
Bile cash balances, s2S4, 0S9, 167; gold re-
serve, $254, 923, 227
FOREIGN FINANCIAL-New York,
Sept 19-The Commercial Advertisers
London financial cablegram says: 1.-THE
markets here were heavy at the opening
today, but rallied on rumors that the
Transvaa1 was giving way and that the
Orange Free State was wavering. The
close WIS cheerful. Consuls rose Il. Amer
leans hardened quietly. closing at The
best on New York buying. Spanish fours
were 6oA; Tintos, 46 7-16; A ma
of England bought aT7,O gold in bars
and French coin. The bank again did
large business in bills art 31a per cent.
BANK CLEARINGS.
St Paul-$72S 70O.3S.
Minneapolis-s2 ,065s 03g,
Chicago-$22, OIL 076,
New York-$265. 249, 76S.
Boston-$22, S29, S91.
MILWAUKEE, Wis, Sept. 19-Flour
steady Wheat steady; No. ! northern,
71%@72c; No. 2. 6S9Set.o, Rye firm; No. l.
57%c. Barley firm; No 2. 4512c; sample,
41M46c. Oats steady 23D2412c-