The Saint Paul globe., 1899-12-18

Wheat has not been prominent in trad
Ing on the leading exchanges of the coun-
try during the past week. While it can
not be said that the grain market has
been neglected, yet the amount Of bust
ness done has not been up to the average,
and the fluctuations in prices have been
correspondingly narrow. There is a loss
in wheat prices for the week, but 1t Is not
great, and there is no disturbing feature
to cause alarm. The reverses sustained
by the British IN the South African war
naturally affected all American markets.
but wheat suffered little by it. Dealers
have operated with a due amount of eau
tlon, and trading has been largely Of the
Safe sort. Receipts at leading centers
nave not been heavy, and there is ample
room for Improvement in conditions.
CORN AND OATS
Corn has ben practically overlooked bv
speculators. though by no means neg
Iected. Prices have ruled about nominal
oH the majority Of the business days of
the week. Export demand has been rather
ilght' considering the situation abroad
out dealers are not disturbed thereby
ana quietly await the Improvement they
seem conhdent will come to the market in
! the near future
oats have cut little figure In the weeks
trade having been practically neglected
throughout
STOCKS RATHER SLOW.
Despite the fact that railroads have
been showing improved earnings there is
certain amount of dullness in standard
as We'll as other stocks, due almost wholly
" the uncertainty of the money market
Inc bank statement Saturday was rather
favorable, and yet there seemed a lack Of
the strength that was expected would
Aoi!oW i such statement Shipments of
solo abroad have not had so much effect
as was feared, however, and the future
OF the stock market Is by no means dark
should the war news from South Afrjco
change, there is every reason to beIieve
that there will be a sudden Improvement
IN stock speculation.
LONDON STOCK REVIEW-T,ondon
Dec. 1.-THE stock exchange last T1eei;
naI nia'1, an excltlng experience. During the
eaTly part of the week, owing to the
tlghtness of money and the absence nf
BUYERS prices fell quickly The settle
! a1Ta alIent, n a1oweXer passed better than was
66arec1ieo' 6afe11t Elght members failed, but their
QSSdaults tSd We're un1mportant. Fortunately
Ine news Of Lord Methuen's reverse at
Magerstontein did not come until after
Giosi4g GaEs fgo s+da1! Thursday. The following
TO favorable war rumors, buying with
great freedom on a rising market until
of 6fe en fe1noTs P,, Proved false. With the news
| river heavy fall all around set in. which
was all the sharper for the previous rise
while: Americans also dropped quickly
and New, York's recovery failed to check
the the a decline: Hn / Wabash preferred fell IL
"a. A, T. & Santa Fe /, do preferred 3 3
Southern Pacific 2A, Chicago, Milwaukee,
q ST. Paul 2. Denver & Rio Grande pre-
Pacific rs. Northern Pacific prefe4rred di1Si 1S9
southern preferred 11b, Denver & Rio
Grande' l12, Chesapeake & Ohio l, PennsyI-
Nanl8 l, and New York Central & Hud-
son RiVer l. Under the belief that the re-
verses In South Africa would necessitate
5eayy 9y government borrowing, money was
decidedly harder-call money to SO.
to 61s. The gold situation, however. is
Improving on the expectation of heavy
shipments from the United States, and
man and French coin.