The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-02-03

TREASURY STATEMENT Washington
Feb. 2-Today's statement of the condition OF
the treasury shows: Available cash balance
1914. 906, 612; god reserve $227, 7l2, TIT.
NEW YORK MONEY-New York, Feb. q
Money on call steady at 21s@3 per cent lase
loan. per cent. Prime mercantile paper. az
@3A per cent. Sterling exchange strong
With actual business In bankers bills at $4S5h
g4.s5A for demand and 81: S31l@4. S31s for slxr,
bills, 81 500. Spy Silver certificates nominal
ssA@so1sc. Bar silver, 5s1Ac. Mexican dolara,
47hc.
WALL STREET Goss1P-New York stock
ers and brokers, 341 Robert street, National
German-American Bank building. St. Paul:
Post & Flagg wire us: Zone might almost
call the market dull today if comparison
be drawn, for while the tone has been good
in general there have been many neglected
stocks. Doubles, very many small holders
have taken their profits. and with equal truth
it may be said that, the corresponding num-
Der of shorts sales may have been made
by the room traders. We not disposed to
criticise this quiet time, believing it to be
the healthy preparation for fresh advance,
upon more moderate and legitimate lines. In
detail we should refer to the granger shares
as without feature if we except some moder,
ately good buying of Burlington. Regarding
the coalers, we merely reflect the tendency
of small holders. impatient of the SOW prog
ress of the combination, to go ashore on their
holdings. Southern railway sharec have de,
veloped frmness, but no new buying. and
cause Of the coming plan being regarded as
most favorable to this stock. Our frienda
strongly urge to buy this stock for 90, stat
ing that the refunding and combining of in
teresas will enable the earnings to reach a
per cent basis easily. Their figures appear
to be accuate, and We think that they are
sound in the advice"
BANK CLEARINGS.
St: Paul. $s2s, se447:
Minneapolis, 81 ,o29 1897.
Chicago, $40, So, 04o.
Boston, $31, 537. 924.
New York. s263, 574. 692
Feb. 1.-The weekly bank statement of the
Bank Of England shows. the following
changes: Total reserve. decrease. f5S. 900;
sIesaa a5s sr fss seeUs suG Increase
public deposits. increase. fa4S. 600; notes re-
serve decrease. f16s, GOO; government securi ri
of England's reserve to liabilities is 4o. 40
per cent Last week it was 45. 80 per cent.
The Bank of England rate of discount has
FOREIGN FTNANCIA1-New York, Feb. q.
The Commercial Advertisers London fnan-
cial cablegram says: There was more bust
ness in the market here today and general
buoyancy at the unexpected reduction of the
bank rate from 31s to per cent. Ameri-
cans were strong all day and there was con-
Denver issues on the gole reports; Southern
preferred and Erie. Rapael. the leading arbi-
trageur. offers dollar call on Fries to end
in March. Tintos touched 39% and closed at
were both up fl. One hundred and
thirty-fve thousand pounds of gold in bars
was bought by the bank at 77s s%d; fl21 600
was taken for South America"
LONDON MONEY-London. Feb. 2.-The
market for American securities opened firm
in response to the advance in New York yes
terday. The market then pursued waiting
policy until the New York opening figures
were received. On the receipt of those quo
tations more buoyant feeling set in and
prices moved upward. The closing tone was
firm with the demand improving. Amount of
bullion gone into the Bank of England on
balance today, f14,000
Paris, Feb 1.-The week.yly statement of
the Bank of France shows the following
changes: Notes in circulation, increase S.
$50 00O francs; treasury accounts current, de-
crease 4S, IT'S, 900 francs; gold in hand, &C.
crease 1,375O 600 francs; bills discounted in
crease 1856 600 francs; silver in hand, increase
1,650,000 francs.