The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-21
NEW, YORK MINING STOCKS.

/ WALL STREET GOSSIR-News York
stock q gossip, reported by H. H9 81
Robert street, National German-Amer-
lean Bank building, St. Paul. Strong,
Sturgts & Co. wire us: This is diff
cult and unsatisfactory market, giving
| us but little basis on which to form a
| wise Judgment as to the future course
| of prices. If external features are only
considered we should look for an ad-
vance, but behind the surface there are
so many unsettled questions that it is
natural and best not to be too sanguine
1t is worthy Of remark that good news
and that any suspicion of an adavnce is
met by a distinct pressure upon the part
of sellers to realize. The number of
such sellers seems to increase with the
movement to the South or to Europe
The process Of liquidation goes
steadily. slowly onward. Much good
! rectly to the stock market, may come
| from the bill now pending In Washington
| Should 1t become a law many institutions
| would be buyers Of United States bonds,
and the sellers of the Natter would be
| these sales. Baltimore &c Ohio preferred
has, been. bought by good people. and
such stocks as Atchison preferred, show
| ing great earnings, are in moderate de-
| mand, but the business fof the street Is
| very limited"
| dell, 40 Endicott Arcade, st. Paul, MINI. !:
The market disappoints both bulls
and bears in turn, and within the same
hour looks strong enough to advance
process is one calculated, and probably
| intended. to tire out holders of stocks.
| The inferred dullness and uncertain look
of the market we do not regard as an
| Only trading market, and rather
small one at that. The general market
looks like good purchase when weak.
/ The marked strength of such stocks as
| the bond list are significant straws as to
the position. Of the investment class.
which, is plainly predisposed toward the
| Dull Side Of the market.
Dow. Jones & Co.-"Engineers of Rock
| Island, Pennsylvania, Baltimore e Ohio
! and other lines demand more pay Other
classes Of employees are disposed to make
| other demands. Southern Pacific has
strengthened its position in Texas by &C.
=, FOREIGN e FINANCIAL-New York,
London financial cablegram says: 1.-THE
| markets mere were very slack today be-
cause OF the end of the account, but the
| tone was distinctly cheerful, and the close
| was at the best, although the news of
Gen. Buffers occupation of Colenso was
not known before the end of the session.
Paris was strong, but Berlin ceased to
take any hand in the dealings. America
! opened well above parity, London buy
| ing more briskly than it has done for a
/ considerable time. The favorites were
| Norfolk & Western and Louisville &
| Nashville. The close was about the top
| on New York support. The bank bought
| G29,o0t gold in German coin and aS, GOO
! in bars and E50000 came In from Den
mark The Cape took 100000 1t Is sur
! missed that yesterdays sale of gold was a
loan transaction. Call loans In good de-
mand, but the bank did less In loans;
| fixtures were strong, and bills were
| steady. Bars cheque, 25.20; Berlin, 20. 20 .
NEW YORK MONEY-rNew York. Feb
| 2O-Money on call closed steady at "a
21s per cent; last loan, 2; closed offered at
| 2. Prime mercantiles pepper, 405 per cent
Sterling exchange easier at $4.875s04 S7l
for demand and at 81. 8414s for sixty days;
posted rates, 81. $500. SSk; commercial
bills. 81. SSA@4. 1884; silver Certificates. 59%
@60ac; bar silver, $3.50; Mexican dollars,
MINNEAPOLIS MoNEY-Minneapolis
| Feb 20.-New York exchange Tuesday
Buying rate Soc discount, selling rate
par; Chicago exchange. buying rate 25c
] discount. selling rate Csc premium; Lon
don. sixty-day sterling $4-3S1h.
/ TREASURY STG1EMENT-Wasf fng-
ton, Feb. 20.-Today,s treasury statement
| shows: Available cash balance, 1926, 1872
PIP; gold reserve, $22S, SOC, $50.
/ BANK cI55EARiNGs.
st. Paul, $685., 645 7S, II
Minneapolis, ST. Al, 561
1 Chicago, $21, S18 ST.
New York SOP, 49S, 3347.
1 Boston SCI S73,5O5