The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-07-28
BOSTON MINING, SHARES.

WALL STREET GOSSIP-New York
stock gossip, reported by H Holbert d
street, National German-Anferican bank
building, ST Paul Strong, Sturgis &
Co. wire us: 1--WE have had another quiet
day, with Improvement in L! e. & w.
on the superstition that it will be alb
sorbed by the Vanderbilt lines. Some
covering of shorts in Malt and very good
buying of Continental Tobacco. 1t is not
always intrinsic value and merit which
appeals 10 the speculative public, but
what arguments can long Withstand such
returns from the various railroads as we
are now receiving? Attention is particu-
larly called to the statement of st. Paul s
earnings, issued by the news bureau this
morning, showing about II per cent earn
ed on the common. The steadinesS of the
market in view of it's great inactivity
has caused more than one of the older
members in the street to wonder, and it
is pretty generally felt that 1t indicates
more than ordinary strength and support
behind all the standard stocks
Barrett. Farnum & Co., Chicago. tele-
graphed the following to Edwards & Be
dell, stock brokers and commission mer-
chants, 10 Endicott arcade, st. Paul,
Mimi: transactions during the fore
noon were small, and in the second hour
smaller than the first hour. Shelters de-
clined on selling by some houses who
also little liquidation in grangers by
traders. There has been what is called
good buying In Sugar, advancing the
price about one point. Standard stocks
do not show much change in quotations.
Americans closed steady in London, while
Paris and general markets, after being
firm, closed heavy. Consols closed about
lie lower for money.
BANK CLEARINGS
st. Paul-$571, 2986O
Minneapolis, Il 2 8 S97.
Chicago ass, coo.
New York-$145, 1S4, G65.
Roston-$10 los, 1855.
TREASURY STATEMENT-Wash
ton, July 27.-T0day's statement of the
condition of the treasury shows: Avail
able cash balances, $27S, S14, 7S1; gold re-
serve, $246, 00S, 79S.
NEW YORK MONEY-New York. july
H.-Money on call steady at 312G4 per
cent; last loan, per cent; prime mercan-
tile paper, 315@413. per cent; sterling ex-
bankers bills at $4.S71Ad48 715 for demand
and at $4.84%04S4 for sixty days; posted
rates, $4.S5Q4S515. and $l.SsG01 SS11; COM
mercial bills, $483d4.S3l2; silver certif-
icates, 6O9sG61c; bar silver, 6OAc; Mex
FOREIGN BANK STATEMENTS =
Paris, July 2.-The weekly statement of
the Bank Of France shows the following
changes: Notes in circulation, decreased
IS, 1850 COO francs; treasury accounts cur
rent, increased Is, BE: eco francs; gold in
counted. increased Al OPS, 900 francs; silver
IN hand decreased 175,C00 francs
London, July 27.-The weekly state
ment of the Bank of England shows the
following changes: Total reserve, increas-
ed e422, 600; circulation, decreased e64, OOO;
bullion, increased 9357, 9&2 other securi-
ties, decreased e1,050, 600; other deposits,
decreased e729,O00; public deposits, in
G395, 900; government securities, unchang-
ed. The proportion of the Rank of Eng
lands reserve to liabilitie, is 4429 per
cent; last week it was 42.S per cent The
rate of discount unchanged at 31h Der
cent
FOREIGN FINANCIAL = New York,
July H.-The Commercial Advertisers
tralians continue to absorb interest in
the market here The rest were quiet and
regular today. Americans were stagnant,
except Louisville & Nashville, which was
bought on dividend prospects,