The Saint Paul globe., 1899-07-14
BOSTON MINING SHARES.
NEW YORK MINING SHARES.

FORElGN BANK STATEMENT-Lon-
aoy, July 13.-The weekly statement OF
the Bank of England shows the follow
Ing changes: Total reserve, increase,
4S,0Oo; circulation, decrease; e1l5, 900
bullion, decrease, e96G13 other securi-
ties, decrease, e133, 600! other deposits. in
crease, 9755.OOO; public deposits, de-
crease, 891S000; notes reserve, increase
Il65,O ,O0; government securities un-
changed; The proportion of the Bank of
England reserve to liability is 41.39 per
cent; last week it was 4I21 per cent
The rate of discount unchanged at 315
per cent? ir l.- -..e.4 .--l ~
of the Bank of France shows the follow
Ing changes: Notes in circulation in
crease, 950OO0 francs; treasury notes. cur
rent increase, 100000 francs gold in
hand, increase, S,975,00 francs; bills dis
counted, increase, 6,S25, 900 francs; sill
yer in hand. decrease, 6,775, 900 francs.
TREASURY STATEMENT-Wa
tons July l3.Today's statement of the
sd, able - cash M balance, $27SS67; gold reserve,
FOREIGN FINANcIAL-New York,
July 13.-The Commercial Advertiser s
London financial cablegram says: The
bank rate was raised 15@31k and ac-
cordingly, three months bills were quot
ed at $685.; six months bills at 3A04
Those rates, however, were really nomf-
nal, as little was done. The loan mar
ket was unsettled Discount houses
raised raj the rate on deposits to at call
the removal of the uncertainty about
the bank rate, but business was meagre
though the tone was steady. Americans
were firm until afternoon, when they
lowered on New York'S failure to buv
New York bought at the lower prices,
but the close was easy"
BANK CLEARINGS.
ST. Paul, $685., ,847. 81
Minneapolis, $1,602,747.
Chicago, $19,154,974
New York! S19S 479, 424
Boston $23 104 T79
NEW YORK MONEY-New York July
13.-Money on call steady, S@41b; last loan,
4. Prime mercantile paper, Sh64 Ster,
ling exchange easier, with actual business
in bankers bills at $4,S7h@4.S71a for de-
nand and l$4. S4Q4S4 for sixty days;
Commercial bills, $4.S3s. @4S4 Silver cer-
tificates, 60@6lc. Bar silver, SOC. Mexican
dollars, 47Bc.
WALL STREET GOSSIP-New York
stock gossip reported by H. HoIbert &
Son. bankers and brokers, 34i Robert
street, National German-American Bank
building, St; Paul: Strong. Sturgis & Co
wire us: The halting tendency in to-
days market is due in large measure
to the statement set out by the New York
Life Insurance company and the rumors
of labor troubles on the local traction
roads. Generally speaking, the market is
fairly steady, but there has been a sag
ging of prices from the best figures Of
yesterday all through the list more or
seems to be turning towards the lower
priced stocks. This seems natural enough
in view of the figures which some of the
high priced stocks have now rea ched The
Southwestern group, led by Missouri Pa
cific, seem to offer an attractive specuIa-
tive lot of stocks whose earnings and
prospects are particularly good and which
feel the result of the situation as the
season advances. The talk about the
strike on the B. R. T. continues, but Off
GERS of the company deny that there is
alarm felt in regard to it. These intima-
tions created decided selling movement
in the stocks today. Tobacco shares are
doing better for America in the past ten
days. while Continental Tobacco is SELL
ing somewhat extensively and the stock
declines. We think American common
and Continental preferred safe purchases.
but we do not feel inclined to bull the
common stock of the latter. Money con-
tinues to rule about 4051b per cent and
the, late uneasy. feeling, about it seems
to be very much allayed, if not entirely
overlooked here. The market may drag
a little for a day or two, but if the bank
statement is asi good as we anticipate.
we expect &c see prices steady to better
in the immSdfate future"
MISCELLANEOUS.