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

WALL STREET GOssIP-New York
stock gossip, reported by II. Holbert &
Son, bankers and brokers, BAL 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
heaIthy' Money has been procurable over
the LIST Of January at per cent, while
prices are still low, and particularly so
when the earnings are anticipated in the
case or the Steel stocks, yet it is not wise
as destined to be free of setbacks and re-
actions. They will come, and perhaps it
Is best that they should do So But the
tide is now going to run flood and good
tnlngs Will repay purchases. We feel very
strong as to the future of NJ 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
have great faith in the preferred shares
OF Union Pacific, Atchison, B. & o. and
southern Railway. and regard them all
market Is purchase at the declines, and.
while money will be perhaps 6 per cent
during January. that will not militate
aga1nSt~a good adVence."
Bartlett. Frazier & Co. Chicago ta1e-
graphed the following to Edwards &, Be
DEL, stock brokers and commission mer-
Mimi. H. Davis: Market NAV sell
OIL some, but we think the lowest prices
nave been reached, and good stocks will
snow profit even now. The market is
showing great strength, and the advance
Is not bringing any liquidation, which
would Indicate that it was about all done
63Sf week We have strong talk At
bash railroad has ordered. a semi-anen al
payment of 8 per cent on it's debentilre
A income bonds.''-C. I. Hudson: 81
am ar bull on Sugar and think it will sell
we may have Price Mccormick !.
Federal Steel company will shortly de.
care dividend, of 394 per cent on the
cent each, and 1t is proposed to mako ne
dividend regular at that rate hereaf fer y
hudson: The news bureau tele-
c caUpTs fo us 5hd5 an application for re
terhoon. The application may be made
put | don't think there is any ground for
ei .W o 9 "Atchison for November
increase, $4S6. 43S; Atchison gross earnines
Tor month of November increased S2S2. SOS
net net Increase Increase $447sS7 Strong & Stur gI
FoRE TGTS at FIN 10 an @IG IS Offering it
Pee. N@The Commercial Advertiser's
Lohdon financial cablegram saws: ''Too
ilarheTs us mere We're be ter all around to-
Day. The settlement showed a smalier
open account than expected and rnoney
was easy: Americans began anprehan-
slve, tearing the banks would make the
fears ls5Gn addfhfbplt but finding these
ers. New York. followed slit and ~
close was at the top with substantiaI
gains gam somewhat nominal, however. as If
was lh0ught that few determined saIi
er $, I could 4 have broken the market
NEW YORK MONEY-New Yorl, Dao
i ast lone @, on call steady at 4@5 per cent;
paper, 6 per cent Sterling exchanne
urn, with actual business in hani1nrSS3
81 eii 86f At s1 HSffa ~ for demand and at
g. S9SS4 coz Ior slxty days posted rates
S4.Soeg4.S Silver certificates. 5S15@5Sih.c .
bar silver 58Ssc; Mexican dollars 7TIcS
IL dREASU RY STATEMENT-W Washing
ton, Dec. 27-TodaYs statement of az
treasury shows: Available cash baIan aiie
$780, S4,S6S; gold rese~ve. 1926, 1896. 63S. 9
BANK CLEARINGs
st. Paul, $SSO,269
Minneapolis So 293. 21S
Chicago, $22. 952, 0S1
New York, $246 1863 1855.
Boston, S24, 95S. 073.