The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-01-20
BOSTON MINING SHARES.

WALL STREET GOSSIP-New York gossip.
reported by II. Holbert Son, bankers and
brokers'. 3f Robert street, National German
american Bank building, St. Paul: Strong,
Sturgess Co. wire us: We have to re-
port continued and great activity, with
Using market. Among the more popular
STOCKS we note particularly Atchison pre-
ferred and Burlington. Both of these are in
unusual demand in the case of Atchson
oased on the tremendous business that they
are doing and the prospect of reducing ex-
penses, and in that of Burlington on the
earnings and the proposed refunding plan.
Of course II burlington should decide to re-
the dividend could be easily raised to an !
per cent basis, while the termination of the
present sinking fund system would save
further sum. Among the industrials there is
further demand for some of the new ones.
noticeably the Steel Car Company were the
shares sold at an aggregate of $4,000 for
bought again, but the Federal Steel shares
are quiet, and speculation has turned to T.
Z. q l. The insiders are buling this property
and expect the quotation to equal Federal
Steel common at no distant date. The hard
coal combination is hanging back. and we
feel rather discouraged regarding Reading
thought them. Southern Railway preferred
higher
FOREIGN FINANCIAL-New York Ian 10
The Commercial Advertisers London finan-
cial cablegram says: The markets here
were more active and strong today on the
reduction by the bank OF its discount rate
to 31a per cent, though rate of per cent
was generally expected In some quarters it
is thought that the bank fears gold with
drawals, as 100000 was taken for the United
States today against f170,G0 bought. Ameri-
cans were strong at every point and there
was strong support. New York came strong
and the close was buoyant at the top. The
Pacific. The Rothschilds were said to be
buying. plan for the reorganization of the
Central Pacific is now ready, and it is said
1t has been agreed how far the government
will give way on the debt. Coppers were
steady. Tintos touched So, closing at 34%;
Anacondas, Z. Money was slightly harder on
the small reduction of the banks rate. Sill
East
LONDON, Jan. 19.-The weekly statement
OF the bank of England showed the follow
ing changes: Total reserve increased f2. GA
600; circulation decreased Fl $50 600; bullion
increased f9SS,097: other securities decreased
.o00; other deposits decreased 1897, eco;
public deposits increased f313,oo0; notes re-
serve increased e, 942. 600; government securi-
ties decreased fl ,805 600. The proportion Of
the Bank of Englands reserve to liability is
44.S0 per cent. Last week it 1906 per
cent.
NEW YORK MONEY-New York, JAM 49,
Money ON call steady at 2@S per cent; last
loan, g. Prime mercantile paper, 1884 per
business in bankers bills at $4.S4%@4S5 for
demand, and at 81 s2A@4.sS for sixty days.
ns4ea r 5s and sv ss5 Com
S9H 46ORc. Bar silver, 591s@60c. Mexican
dollars 475sc.
FOREIGN BANK STATEMENTS = The
weekly statement of the Bank of France
shows the following changes: Notes in cir
culation decreased $685. coo francs: treasury
accounts current decreased 81, $50 900 francs;
gold on hand increased $685. coo francs; bills
discounted decreased 13, 1926, 900 francs: silver
in hand increased 1,375.0o0 francs.
BANK CLEARINGS.
st. Paul-s745 522.04.
Minneapolis ,562, 1854.
Chicago AT, 764
New York-$227, 014, 040
Boston-$2O. Oil o99.
WASHINGTON. Jan. 19.-Today's state
ment of the condition of the treasury shows: