The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-05

stocks" NOTES.-The Southern railway
stocks and Missouri Pacific ought to fol-
low the rest Of the stocks. which are
ready for advance Dow JonesL"It was
reported that well-known operator took
advantage of the position to buy stocks.
Buying of New York Central for the
Vanderbilt interests continues, and Balti-
more & Ohio and Pennsylvania received
encouragement from the same quarter.
Flower and Conner, brokers' were both
moderate buyers of the general list"
Morse-"M ampulators are buying B. r.
L. The story In circulation is that the
stock could easily be cornered. Market
looks as though the London liquidation
was over" b. F. & Cot is said
Standard Oil interests have taken over
100000 shares of Metropolitan from Whit
ney and associates at par; furthermore,
three members of the Standard Oil crowd
will later on enter the Metropolitan board
of directors. One million five hundred
thousand dollars will be paid by the Elec-
trio Light. Heat and Power company on
the Consolidated Gas company for sur
plus power. and $500,oo0 for use of the
conduits per year Consolidated Gas VIII
issue bonds to lake up the obligation of
the New York Gas, Electric Light, Heat
and Power company"
LONDON MONEY-Londor, Jan. 4-Th :
weekly statement of the Bank of England
shows he following changes: Totalreserve
increase. G2.5I1 GOO; circulation, increase,
e3Sc0); bullion. increase, 92, 1850; other
securities, decrease, a. 065, 900; other de-
-,
increase. e1.559,0OO; Totes. reserve, IL
crease. e2,806, 0G0; government securit 'es.
increase, 50, 900. The proportion of tt e
Bank OF Englands reserve to liabilities
is 1888 per cent; last week it was 1851
per cent. Rate OF discount unchanged at
NEW YORK MoNEY-New York, Jan.
Mooney on call steady at SOS per cent:
last loan 5. Prime mercantile, paper. 6
per cent. Sterling exchange firm. with
actual business in. bankers bills at "a a Si1s
@4.S7A for demand: and at S4S2A 9l 81 10 for
Commercial bills $4.S11kG4.s211ls. Silver Ger
tificates, 5S1k@591sc. Bar silver. $3.50.
Mexican dollars, 47lac.
TREASURY STATEMENT-Wa shing-
ton, jan 4.-Today's statement of the
condition of the treasury shows: Availa-
Bile cash balance, $2S1,S65,c2 gold reserve,
SIG. I61 ,329
Jan. 9.NThe Commercial Advertisers
London financial cablegram says: All
though closing above the worst, there
was general depression today account or
showing of the Berlin bank, showing de-
crease of eight million marks IN notes
ard two million marks in cash. The Ger
man banks have notified their customers
that they must reduce thelr speeula.lve
commitments and tbs brought about
forced sales all day, particularly IN the
American department. A rumor from
Canada of bank failure in Germany ap-
pears TO nave no UdS-S chSSpl Inc Vim
culties of private banker and broker;
The depression was increased by the local
loan issue, alluded to YESTERDAY, put ap-
prehensions were diminished by the pub
lication of the Bank of England returns
for the week, showing an increase of
e2,75o,OoO of bullion and reserve without
any increase Of notes. Steady buying IN
New York partly counteracted the effect
of the Berlin sales of Americans, but
failed to reassure London, which was also
unsettled by manufactured war rumors,
such as that Gen. Butler had been de-
feated and that Gen. Gatacre was sur
rounded by Boer forces. Paris was up
set by the trouble in Berlin. The bank
bought $4,000 eagles and $4,000 gold in
bars. At the same time $4,000 was with,
drawn on the India currency account All
gold arrivals are going to the bank.
Money was easy, call money at per
cent, being unlendabe In the afternoon.
All loans from the bank to the market
have been liquidated.
BANK CLEARING.
st. Paul, 81, 1889, 0G0.27.
Minneapolis 81, S51 $780,
Chicago, SOS, 127. 231.
New York S21S S44, S12.
Boston, $25 604, 007.