The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-15
NEW YORK MINING SHARES
BANK CLEARINGs

St. Paul-$1, 748, 806 o. :.
M1nneapOliS-$1, 84l 921. =
Boston-$26, 465, 529.
New York-$200, 021, 975.
WALL STREET GOSSIP-New York
STOCK gossip, reported by II. Holbert s.
Son, bankers and brokers, 941 Robert
building, st. Paul: Strong, Sturgis & Co.
wire us: Our market opened on a some
what higher plane of prices, and held
TTairly we'll although somewhat feverish.
The pressure to sell was chiefly against
Tobacco, Metropolitan and Manhattan, ev-
identity continuation Of the house clean
news from South Africa came in so IA
Vorable the bears bought a few stocks,
and for a time the rally was distinct.
Ihe general tendency of the market would
not the indications unmistakable of gold
shipments at no distant date. The cloud
thus suspended over the market deters
the buying of stocks by responsible par
ties and renders purchases dificult. If
not out or the question, by those who
must borrow in order to buy This does
not anect the fact that good railroad
snares are wonderfully cheap, and that
If bought now will ultimately pay well.
even II they should go lower first
Bartlett, Frazier & Co., Chicago, tele-
graphed the following to Edwards & Be
Dell, stock brokers and commission mer-
chants, ITO Endicott Arcade, St. Paul,
MINI MI n: ]Hooper."Get all your people in
ZIG AOi6 sue now. y. l., Hu0SOns
Now is the time to buy the stocks. -
Morse: The market ought to do better
II we can have faith in foreign reports
OF BRUSH successes. There was a lot
ana with a little encouragement we
sh NqId, see q good recovery now
loan at A; ruling rate, G. Prime mercan-
tile paper, 512@S per cent Sterling ex-
change easier, with actual business In
p sdls bills bills at $4.S77s for demand and
S4oSS227a@48812; commercial bills, $481@
4.Sl72; silver certificates, 59Q591sc; bar sill
VeT @Rya3 Si7P Mexie car cellars 47Ae;
ton, Dec. A-Today's treasury statement
shows: Available cash balance, S2S7, 775.-
1zSi gold reserve, $24S, 593, 995.
Da EoE q r. FTINANCI!ALI-New York,
London financial cablegram says: "This
was an emotional day on the Stock ex-
change On 1a here It began fiat on the news
and dear money. Liquidation was stopped
at noon by the rumor that Ladysfr1ith
n mac been .7s n relieved and the market hard
ed on the board that the war office con
1rmed the news. and this created a buoy
saney and q great hubbub. during which
continued in the street, but profit-takine
sales caused a relapse, increased by the
announcement that the war office had
not confirmed the Ladysmith rumor of
the sensational stories Of heavy Boer
losses. Consols were 101ab to 1925. Amer
leans opened weak. being sold for the
1rst quarter Of an hour. There was free
buying of them in the afternoon on the
expectation that New York would buy on
the war rumor. New York, however, sold.
causing a setback. Near the close again
the market doomed, finally. easing on the
street. Spanish Is were 661h Tintos 1874
@45, 4Anaeondas ~, Utahs 6fS. The bank
bought $4,000 of gold in French coin
and sd 5000 In bars, the first bars taken
hopeful symptom, the market price hav-
ing fallen to 76e 9Ad. It is understood
that Berlin will send here tomorrow
a150,00O Of gold. A Vienna broker re-
eeived dispatch to the effect that the
Bank Of Austria will arrange to supply
the Bank of England up to a2, 500 600 in
gold, but leading bankers discredit this.
Money was in strong demand early for
exchange operations. The bank did a
good business in loans. Discount houses
raised deposit i rates one-half. Three small
in Westraliars."