The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-22
NEW YORK MINING SHARES.

WALL STREET GOSSIP-New York
stock so% g gossip a reported by H. IIolbsrt 8
street, National German-American Bank
building, St: Paul-Strong. Sturgis & Co.
wire Us: There are one or two mat
ters of some interest in this market and
perhaps they are worth dwelling upon.
We refer to the good buying of Norfolk
& Western common and to the attack on
nue. complications. The buying of Nor
folk stock is apparently in the interest
Of the Pennsylvania people. and we I'M
derstand that they will ultimately con-
ties who are buying the stock that it will
sell much 3higher, not on its merits alone,
but on the proposed control. The attack,
p Gas Tqg a nrca Dassbs
legislative action. In Third Avenue the
outlook Is still very uncertain and the
finance plans appears a long way from
completion. We fear the situation is I'M
favorable and should be disposed to hold
the stock or underwrite the debt. Apart
from these few items. briefly alluded to,
worthy of note No speculative life ex
lists and we see little reason to anticipate
change for the better"
Following furnished by Edwards & Be-
dell, ITO Endicott Arcade, ST. Paul. Mimi:
ut becomes monotonous to report the
featureless conditions of the general
stock market Activity seems to be con
enced by special causes. such as Sugar
and Third Avenue. 1t would seem as
If this last had got It's finances in a
The general market will eventually con
form to conditions which are unusually
favorable and Justify better prices"
The A. s. & w company 3m any dec declared
preferred stock. payable April 2; books
close March 10. reopen April 81
IToI . T1,a Of A dx,a ttcar %,
London financial cablegram says: THE
markets here were cheerful most of the
day on persistent rumors of the relief of
Ladysmith, but toward the close African
mining shares broke on pessimistic re-
ports that Colenso had been reoccupied
by the Beers, that Col. Plumer's relief
column had been broken up and that
Gen. Macdonald was severely wounded.
except as to Macdonald, but the markets
Were depressed by them In the street
there was a rally. on circumstantial
statement that Gen. Cronje was sur
rounded. Business was no time large
and the settlement was very easy, ex-
change money being difficult to place.
Americans We're the most active market
on London buying. but they sagged on
New York sales. The contango was Az
to Az. The bank bought $4,000 gold in
bars. The weeks outflow was 9134,000.
Indians expected to take this weeks ar
rivals. Call money was easy this morn
ing and a little was repaid to the bank,
but in the afternoon there was consdera-
bic fresh borrowing. Bills were scarce.
Silver was heavy on an influx of Mexican
2O.51" ''
NEW YORK MoNEY-New York. Feb.
H-Money on call steady at 202A per
at ~ per cent; prime mercantile paper,
1905 per cent; sterling exchange weak
at s4S7A for demand, and at $4.S37s@4.S4
for sixty days, posted rates. SIS and
yer certificates. 5eA @5sMc bar silver,
591bc: Mexican dollars AXE
TREASURY SUPERINTENDENT
ton. Feb. A.-Today's statement condi-
cash balance. 1924, 552, 1928; gold reserve,
LONDON MoNEY-London. Feb. al
American securities were inactive but had
a good undertone today.
MINNEAPOLIS polls,
Feb. H.-New York exchange Wednes-
day: Buying rate SC discount. selling rate
par; Chicago exchange buying rate Csc
discount. selling rate 25c premium; Lon
don, sixty-day sterling. S4.S31a.
BANK CLEARINGS.
St. Paul, 1858, 572. o.
Minneapolis s., Az, $50.
Chicago, 81. 0S6.045.
New York, s1775SS, S22.
Boston, $40. ,754.
SIOUX CITY; 10; Feb; 2l-cattle-Re-
LOSS; market 10@15c lower; stockers dull
Sales: cows. av S55. $3.50; 10 cows, av
900, $3.50: s stock heifers av $50. 1925 6
stock oe be l1 ay 40 $50 % o. BULLS s2o
$40, $3.50; q stockers, av s72, 81; 10 stock,
ers. av $50, 1925; IS calves, av 800, $425;
10 calves. av 300. $3.50; Y yea Rings, av $40,
seips ESQ., Tues ax SoO sbiemeafs
610; market SC lower; selling at $465@475;
bulk, $40.