The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-11-29
NEW YORK MINING SHARES.

WALL STREET GOSSIP : New York
stock gossip, reported by III. Holbert &
street. National German-American Bank
building, st. Paul: Strong, Sturgis & Co.
wire u.s. Under the leadership of the
trunk line stocks our market has shown
mission buying, and with some material
advances, notably in Pennsylvania, New
York Central and Baltimore & Ohio The
tone Of the London market has distinctly
improved during the day. better feeling
in regard to the money situation prevail
ing there. Railroad and industrial re-
ports continue as rule most favorable.
Burlington, for example, showing in to-
days statement an increase in net of
about $1,0OO,000 for the four months end
ing October 31st We believe the pur-
railroad shares will show good profits.
We also believe there may be some def
mite developments made public shortly in
regard to the trunk line situation
Bartlett, Frazier &. Co., Chicago, tele-
Bedell, stock brokers and commission
merchants, 40 Endicott Arcade ST. Paul.
Mimi: over a million United States
bonds bought today
Morse-"There is a fractional improve
ment in prices in London this morning,
but it seems to be only on account of the
opening up of the new account. after the
fortnightly settlement. London will trade
on both sides Of the market here today,
and all the 81 signs point to a feverish
good railroads are a purchase. Take Bur
Hngton, New York Central Atchison pre-
ferred, Union Pacific and Norfolk There
is no reason to be afraid of the market
at this time. Declines must be short
lived" ''-
Market rather dull, but there is still
active bear pressure. Selling chiefly short
account
THE market acts as though it wanted
to go up. There is little stock in sight
at the moment, on bids. Good buying of
Burlington and Atchison preferred. 1t
may interest you to know that the subject
of another c., B. & Q. refunding was
before the board at a meeting last Thurs
to bring it out in January
Davis-"Think the market IS manipu-
lated Lat Stocks not selling on their merits.
Think market a sale on the rallies"
Holmes-"Pennsylvan made a marked
and sudden advance one that seemed
surprising in the case of such a sober Sc
curity. There are all sorts Of rumors to
account for it, including talk Of increased
dividends of Vanderbilt purchases, and
of a deal with other roads. All we can
say at present is that buying of Pennsyl-
vania was the best quality"
Harrison-''St Paul opened a, little too
high for London to buy. They have buy
ing orders somewhat below these prices.
Advance in c; & 0. caused by buying of
NEW YORK MONEY-New York, Nov.
2S.-Money on call firm at and 10 per
cent, last loan, o. ruling rate, b. Prime
mercantile paper. 512Q6 per cent Sterling
exchange easier. with actual business in
bank As bills at $4.S57s@4.S6 for demand
and at $1S1GD481A for sixty days: posted
rates, $4.S219Q$4.87. Commercial bills $3.50
Silver certificates, 567sQ59c. Bar silver,
$3.50. Mexican dollars. 411ac.
FOREIGN F1NANCIAL-NeW York
Nov. 2S.-The Commercial Advertisers
London financial cablegram says: Deal
1ngs on the exchange here We're slack to-
day, owing to the settling of the account
The tone was good. Bankers charged
61aQ5% for money, but the supply was
plentiful as the account was small
Americans opened at parity, then rose q
to point, but suffered a sharp drop in
the afternoon on sales from New York,
Baltimore & Ohio securities were excep-
tlonally strong. There was a rally in the
street. and the close there was about
opening level"
TREASURY STATEMENT Washing
ton, Nov. 2S.-Today's- statement of the
condition of the treasury shows: Avail
able cash balance $295, 962, $40; gold re-
serve, $41,1 $780, s7s59
BANK CLEARINGS
ST. Paul, SLOTS, 191 $50. III
Minneapolis, S. 6S9!299
Chicago $40 lie. 97gI %
New York, $239, 4S6gS5
Boston, $2S S52, 1873.
Sea Salt at Poles.
In the polar regions the sea contains
less salt than near tha coma f0r-