The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-28
NEW YORK MINING STOCKS. :

Homestake -. IS 00Standard :. -. Is
Iron Silver ...e 50 Union Con q
WALL STREET GOSSIP-New York
stock gossip, reported by H. Holbert &
Son. bankers and brokers, 341 Robert
street, National German-American Bank
building, st. Paul: Strong, Sturgis & Co.
wire US: Our market has shown today
a reactlonary strength that is natural end
healthy. Money has been procurable over
the LIST OF January at 6 per cent, while
prices are still low, and particularly so
When the earnings are anticipated in the
case OF the Steel stocks, yet it is not wise
to regard the coming upward movement
as destined to be free of setbacks and re-
actlons. Ihey Will come, and perhaps it
IS best that they should do So But the
tIde is now going to run flood and good
tnlhgs Will repay purchases. We feel very
strong as to the future of N Y c. and
believe that the extra earnings it will ac-
qulre from Lake Shore and from Boston
q Albany are not yet appreciated. We
nave great faith In the preferred shares
OF Union Pacific Atchison, B. & O. and
southern Railway. and regard them all
as safe and cheap. Without doubt orr
market Is purchase at the declines, and
during January. that will not militate
agalnst~a good adVence."
Bartlett. Frazier & Co.. Chicago tele-
graphed the following to Edwards E. Re
dell, stock brokers and commission mer-
chants ITO Endicott Arcade, St Paul
Minn:-J H. Davis: Market may sell
Off some, but we think the lowest nrices
nave been reached, and good stocks will
snow profit even now. The market is
showing great strength, and the advance
10 Llof ,pTGiinglng any LIQUIDATION which
would indicate that it was about all done
last week. We have strong talk on At
ch1son preferred. B F. & Co: FeJVe-
bash railroad has ordered a semi-anaual
AZ income bonds &C. I. Hudson. taT
am bull on Sugar and think it will sell
hlgher. but can't predict what reactions
we !seodd may ctd nave. Price Mccormick
clare a dividend of 3A per cent on the
common, being three dividends of liz ner
Gent each: ana 1t is proposed to make the
ulV!dend regular at that rate hereafter >
-7-Hudson: The news bureau teIe-
phones us that an application for re-
c fe,, for ,, r. R. t. will be made this at
bIt do,,, ne te application may be made.
gu; 1ut con Con think there is any ground for
II. Wortley: "Atchison for November
SHOWS surplus, after taxes and rentals
Increase n $4S6: 438; Atehison gross earnings
net increase $447,9S7. Strong & Stn 1iyrf
so1d TOBACCO at IS. and is offering it now - -
Dec eoR = GTbe Fdd;N NAN York
London financial cab!egram saws. 'i .sTho .
markets here were be ter all around 70
day. The settlement showed a smaller
0 Ulos account than expected and money
slve fearing the banks would make tba
cont continuation difficult, but finding these csc
l lea 9nIounded. the market became buy
eTs. New York followed suit and The
close was at the top with substantiaI
gains; somewhat nominal, however. as If
was th0ught that few determined sell
ers could have broken the market
81 NF t1 YORK MONEY-New York. Dec
55ILMoney on call steady at 465 per cent:
last loan, AZ per cent: prime merco GeHt
paper pap rith per cent. Sterling exchange
biI1a' WIN r. ca actual business in bankers
$ 81 S5G S1M for sixty days; posted rates
$ g. S09 S213 and S4.SS1h commercial biiIs
{ S4.Sogg4.H Silver certificates. 5SI5@5Sihc:
bar silver 582sc; Mexican dollars. i7I,1c2
IL TREASURY STATEMENT-Wa
ton, Dec. H-TodaY's statement of ~
treasury da shows: Available cash bsIan ane
zs02S4'S6S; gold rese~,-e. 1928, 9q5, 63S.
BANK CLEARINGs.
st. Paul, $3.50. 2e9.
Minneapolis, 81 293. 21S
Chicago. $22. 952. OS1.
New York, $246 1863 1888.
Boston, $24, 95S, O73.