The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-07-13
BOSTON MINING SHARES.
NEW YORK MINING STOCKS.

WALL STREET GOSSIP-New York
stock gossip, reported by H Il Hol9ert g
street, National German-American Bank
building. ST. Paul: Strong, Sturgis & Co
wire us: Rates for money have ruled
to per cent today, and the apprehen-
sion felt here for the past few days Is
wearing itself out. The condition of at
fairs has stimulated the stock market and
brought about renewed activity In the
way of some buying for speculative &C
count and the covering of shorts and we
think some few orders from foreigners.
While the general market has enjoyed
fair degree of activity, specialties have
been rather the rule, stocks like Atchison,
Missouri Pacific and the graEgers all en-
toying particular strength. We hear quite
bullish talk on Missouri Pacific, also on
Louisville & Nashville, while the North
ern Pacific stocks, Union Pacific preferred
and Southern Pacific are ali spoken of as
marked for much higher figures There
is fair display of interest and strength
in the industrials. We do not believe in
going too rapidly in the way OF purchas-
ing as we are not wholly convinced In
our own minds but that this market will
receive some check from money conditions
which today are not very apparent on the
surface, SO it seems to us best that II
this market should have some little
further rise profits should be taken
rather than to hold out for any material
big advance.
Barnett. Farbum & Co., Chicago, tele
graphed the following to Edwards & Be
dell, stock brokers and commission mer-
MINI: ''stick to bull side of Chicago,
Burlington & Quincy for long pull-rnay
go to 1867
opened about New York parity, has since
advanced fractionally in a majority of
cases. Other markets continue heavy on
Paris market heavy, in sympathy. Con-
suls continue weak, but no QNotaoie
NEW YORK MONEY-New York, July
col ctr dU a
prime mercantile paper, 1901 per cent.
Sterling eXehaoge set1 da1 oh business IN
bankers bills at at A 81 faI Tor de-
posted rates, 81 S51h04S6b and $4.SS64. S314.
Commercial Bills, "a. Silver certificates,
60661c Bar silver, 6O1kc Mexican dollars,
FOREIGN n FINANCIAL-New York,
July 12-The Commercial Advertiser
financial cablegram says: The markets
here were inactive today. They opened
dull, but improved later on a squirt of
11-I6d in consols. The recent weakness in
them is attributed to sales by discount
brokers who were unwilling to pay the
stiff loan rates demanded by the bank:
1t IS rumored that the proposal to extend
postoffice savings bank investments be-
yond consols has been abandoned. A
more hopeful view of the Transvaal stu
alton also prevailed. Money was harder.
There is talk of an advance in the bank
rate tomorrow but | think such action
improbable Americans were buoyant,
closing at the best New York bought
freely, and London is encouraged by the
crop reports. the st. Paul traffic and-the
news that grain rates are to be advanced
on August !.
TREASURY STATEMENT Washing
ton, July 12-The statement of the condi-
ton of the treasury today shows: AVaila-
bic cash balance, $277. 405, 293; gold reserve,
BANK CLEARINGS.
St. PauI-s6S2. 1888. 81
Minneapolis ,S57, 1852.
Chicago-$22 094, III.
New York-$252. 204, SIS
Boston-S23 T61, 49S