The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-03-13
NEW YORK MINING SHARES.

WALL STREET GOSSIP-New York
stock gossip. reported by H. HoIbert &
street, National German-American Bank
building. st. PAUL Strong. Sturgis &
90 % wire US; We are able to report a
stock market today and advance through
out the list that would be very gratifying
II 1t were not believed that the short
c,hases Tor long account. London came
this morning with a good deal of
strength, and there is a feeling that as
affairs become more satisfactory TO the
British in South Africa they will turn
!helr attention to our securities AS we
muInated TO you in our letters of last
week, the low-priced railroad shares like
AtchlSon and Union and Northern Pa
cif1c, have reflected the great prosperity
which exhibits of their earnings now
show and we believe today that for CON
opportunities for profit. It seems rather
inconsistent with call money at per cent
ana the very bad bank statement on Sat
urday that the market should be TTsha1
up In the way 1t has today Ii the mOve-
ment should continue tomorrow we be-
neVe that where profits can be seen they
should be taken. as the pace seems much
too fast"
Following furnished by Edwards g. Be
dell. ITO Endicott Arcade. St Paul, MINI
The bad bank statement which appear
ed on Saturday will be forgotten before
!O:50 Monday morning. The market has
Just started on an upward course. and
within the next thirty days VIII be much
higher. In the meantime there Will be
many temporary ups and downs giving
the purchaser an excellent chance to huY
on the various breaks.
FOREIGN FINANCIAI-New York
March 13.-The Commercial Advertiser
London financial cablegram says: There
was happy tone in the markets here
FOR the new accounts, but speculation did
not develop as was expected. but Con
tangoes were rather sitter, indicating
that speculation Is increasing Interest
Is now conferred in the war loan which
mas already been subscribed twenty time
over The London list was closed steady,
put this has not yet been authoritativeiv
announced. The premium fluctuated to-
day between 2A and 2a closing at pa.
Gonsois ranged between 1914 and 1919.
strong and keep firm. Business In them
was brisker than for some time. New
YORK offered support. especially in ST
cheerful at the top. The Contangoes in
this department was 505b, and fke ac-
count was increased. Both London and
New York bought Anacondas strongly all
movement. TtntoS also went m on
French buying. The bank received e124.
9Do from Holland and bought e29,GOO
strong demand. all loans due the bank
were renewed and a very large fresh loan
and discount sec business was done estimated
q. 5i'SyHV,VVV' on account or scarcity Of
funds due to war loan deposits
NEW YORK MONEY-New York
March !z-Money on call firmer at 31%IS
per cent: last loan, 312: prime mercantfIe
paper. 4S4M5E. Sterling exchange steady
with actual business In bankers bills at
81 S6@4 1914 for demand and at 81. s2KG
4.Szh Tor sixty days; posted rates, ST. $500
~ and $+S7k; commercial bills. $4.Sf15T
4.Sz. Silver certificates GoA406tHc: bar sijs
Yer. $3.50: Mexican dollars, 473ic.
TREASURY STATEMENT-Wash
ton March 12;-Today's statement of the
condition of the treasury shows: Avail
able cash balance. $3O3.675 O56: gold re-
BANK CLEARINGS.
st. Paul. $740.975.4
Minneapolis. 81, 437 209
Chicago. $22. 341. 9S2.
New York. $106. 7S9, 29S
Boston. SIS, 368. 578