The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-01
NEW YORK MINING STOCKS.

TREASURY STATEMENT-Washf hing
ton, Aug. a.-Today's Statement of the
condition of the treasury shows: Avail
serve, $247, $50, COL
FOREIGN FINANCIAL-New York,
Aug. 3-The Commercial Advertiser 8
London financial cablegram says: 1.-THE
markets here We're better in tone today on
Mr., Chamberlain's Transvaal proposals.
Business, however, was slack. Americans
were good all day. There was consider
able German and provincial demand for
Erie issues, but New York was inclined
to supply stock, causing a final slight
easing: Southern preferred was also
wanted"
NEW YORK MONEY-New York. Aug.
3l.-Money on call steady at 21a@3 per
cent; last loan, 3. Prime mercantile pa
per. 412@5. Sterling exchange was easy,
with actual business in bankers bills at
$4;S694S61 for demand, and at 1850
4 go for sixty days; posted rates, $3.50
4Sl12; commercial bills, S4S2. Silver GER
tifcates, 5Sa4@6oc; bar silver, So 15-16c;
Mexican dollars. 4715c.
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.-Swartz. Dupee & co.
wire us: TN view of the strength in the
London stock market. the developments
OF the day IN our market have been rath-
er surprising. Speculation has shown
shown someeactivity. but with prices de-
cidedly irregular, and after all little sig
nlf1cance as far as the result of the
change in values is concerned. There is
really no change in the general situation
The market still shows rather irreSoute
tendency, and loses it's rallies too quick
ly for our liking. Still we think this is
due IN most part to the absence of many
people who are at times largely interest
ed in stocks, and who are at present let
ting matters drift along, and so we need
not, look Immediately for much beyond
such market as we see here today. We
cannot help calling your attention again
to the very, strong position of American
Tobacco. There is little doubt in our
minds that the company is now earning
at the rate of II per cent on its common
stock, that approximately three-fourths
Of the securities are held out of the street
and that the possibilities Of it's selling at
much higher figures before the first Of
the year are excellent. The statement Of
Z. b. q y is an almost satisfactory one,
but without influence on the price of the
stock. We note again today some good
buying Of Atchison, and the activity in
Republic steel has been quite marked.
; With the wonderful prosperity, this class
OF industries now enjoys it would seem
that even present advances had not yet
discounted their value"
Barrett, Farnum & Co., Chicago, tele-
graphed the following to Edwards & Be
dell. stock brokers and commission mer-
chants. 10 Endicott arcade, st. Paul,
MINI. continental Tobacco Will paw
dividend on Oct. 2, and books close Sept.
Is and reopen Oct. 3''-"The New York
market has relapsed into comparative
dullness except for Flower specialties
which continue to be we'll bought, and
show strength, particularly P. O., which
now shows the best buying with r. I.
Paper was raided. Looks to us now as If
1t had discounted passage Of the divi-
dend."
FOREIGN BANK STATEMENT-Lon-
don, Aug. a.-The weekly statement Of
the Bank Of England shows the follow
ing changes: Total reserves, increased
$4,000; circulation increased G152, coo;
bullion, increased f694.142; other securi-
tbs, decreased 87S5,000; other deposits, In
creased 8135, 600; public deposits, decreas-
ed S3l5OOO; notes reserve, increased
4696, 900; government securities, unchang-
ed. The proportion of the Bank of Eng
lands reserve to liability Is 502S per cent.
Last week it was 1896 per cent. Rate Of
discount unchanged at 31a per cent.
Paris Aug. H.-The weekly statement
of the Bank of France shows the follow
ing changes: Notes increase in crcula-
ton, increased 1852, O75, 900 francs; treasury
accounts current increased '7,725 900
francs; gold in hand, decreased 1900, 900
francs; bills discounted, increased 2O6,-
600 francs; silver In hand, decreased
8. ITS, 600 francs. ~
BANK CLEARINGs
st. Paul-s642, $685.
Minneapolis-s1, SS7, 4es.
Chicago-$17, $50, 1885, Z no
New York-s169 O55,O 70.
Boston-$34, 955, 1892.