The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-04-07

WALL STREET GOSS1P-NeW YORK
gossip, reported by H. Holbert & Son,
bankers and brokers, BAL Robert street,
National German American Bank build
ing, St. Paul-Strong, Sturgls & Co. wire
US: 1.-The situation here has developed
but little that Is new or Of interest today
and 1t may be justly said that the reaiiza-
tons recently SO evident have filled the
market with speculative stocks. 1t does
not by any means follow that the ad-
vance is over. but 1t strongly intimates
that we have known the best of it and
that the speculative public are tired and
willing to stand aside for time and
somewhat disposed to take profits and the
item Of reverses to British arms has been
fully operated upon. To this may be add
ed the possible straining of Russian and
Japan relations. We must look now main
ly to the investment demand for the
strength In our market and this well
New York Central, Pennsylvania. Omaha
Northwest and stocks Of this description
are sure 10 be in demand, but the less de-
strable shares are not to be so fully be-
1eVed in. We are confident Of the I'LL
innate future OF Atchison, Northern Pa
chic and Union Pacific, but they may go
off little during the coming spring.
Following furnished by Edwards &
Bedell. Ito Endicott Arcade. ST. Paul,
Mimi:
The market is becoming narrower and
more professional than for some time
and we have come to the conclusions that
we have seen about the best OF the rise
and we are now afraid dizziness will set
In and give dragging tendency to
values. Commission houses have loaded
UP and the demand from outsiders Is fall
ing Oft and In the mean time We believe
the bull pools are selling as much stock
as the market will take without weaken
ing the general list:'%
FOREIGN FINANCIAI-New York,
April 6.-The Commercial Advertisers
London financial cablegram says: 1.-The
81 nd dull In
tone. Inc war news came too late to eX-
ercise an influence but tconsols were down
o-io and the war loan is now at a pre-
MUM of rs Americans were very idle
ana weak throughput the session. 1t
would nave been difficult TO sell large
amounts without al heavy break. There
opening. but it failed and prices closed at
me bottom. The sharpest fall was In
southern Pacifics. London is disposed to
saKe profits all round and Is nervous lest
view FORK realize On its favorites. If this
ooeS not happen revival Is probable aft
q fasler Coppers were fiat early but
recovered later. Tintos were. 90 11-16@
?9ss Anacondas, 10156102ic Speculation
IN peth shares appears to have been over
Done; Money was In better demand but
t a5l bank go got back a. fair amount. Paris
cheques S292I: Berlin $50 49,
MINNEAPOLIS MONEY~Minneano
AAprii 6.-New York exchange Friday:
SSSSig PYLE g rate zoe discount selling rate par
count. selling rate par. London: SixtS-
day sterling, 81 S2ib.
NEW YORK MONEY-New York, April
99.-M0ney on call STEADY at S0D4 per cent;
last loan, 80 per cent; prime niercantile
paper, 1l4a5 per cent; sterling exchange
fsIiTTong. With actual business in bankers
% Dh u.s. 2f 81 S6$t al. 86R for demand and at
e. o. sqt soc Tor sixty days: posted rates
$4;S4 and 4.S71a: commercial bus S4s21sG
4e3; silver certificates, 6e1s@6IIhc; silver
bars. 59'sc: Mexican dollars. 47&ic
BANK CLEARINGs.
St; Paul, ss74.S77.42
Minneapolis, 81 6S9 74T
Chicago. S22, 5S9. gag
New York S2l6. 70l, S62
Boston. So, Al, 934