The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-10
NEW YORK MINING STOCKS.

FOREIGN FINANCIAL-New York,
Jan: 9.-The, Commercial Advertisers Lon
don financial cablegram says: 1.-The mar
kets here were stagnant but firm today,
awaiting news and the settlement al
though there is no apprehension over the
latter, as it is thought that the open ac-
count viii prove small, and it is known
that the weak men in the last settlement
have now been Strengthened. Berlin was
inclined to nibble at speculations other
than American shares. Paris bought a
cans moved within the narrowest limits,
London being apathetic in regard to them
as Berlin. Union Pacific was weak on
New York sales, which London regarded
as an indication that there will be no
dividend on the common stock. CONTAIN
goes We're l to points lower than the
rate at the last settlement. The Scotch
railway carry over on provincial ex-
changes was also much easier forecasting
low rates tomorrow. Money was abund-
ant at 21a per cent. The bank received
bought $4,000 in German coin. For In
dian currency account $4,000 was with
drawn. Paris cheque on London was
25 Ply: Berlin 2051"
stock gossip, reported by H. Holbert &
Son., bankers and brokers, 341 Robert
street, National German-Amerfcan Bank
building, st: Paul-Strong, Sturgis & Co
market with alternate strength and
weakness, but largely devoid of interest
Stocks seem at the present time to hins-e
almost entirely on the London news, "
lowing the fortunes of the English forces
in Africa. We recognize also that the
probable and possible gold shipments are
moving factor in the course of prices
Naturally on market thus influenced by
circumstances on which no calculation
can be based an opinion is not of much
Importance. Yet this can be justly said,
that the ultimate success of England can
not be doubted, and the market must in
Ill, INV No I,1IA
date fluctuations no one can see, but
the general principle of buying upon a
weak market is safe to follow. Earnings
are too satisfactory to permit of long
business must bring a higher tide. Pur-
.chases of good things on any break are
wise and safest
Bartlett, Frazier & Co. Chicago, tele-
graphed the following to Edwards & Be
DELL stock brokers and commission mer-
chants, ITO Endicott Arcade, st. Paul,
Mimi: Davis-'"There does not seem to
London IS short stock. There is on the
way. or just received, 10000 shares to COW
or the sales that have been made here"
Hudson-"There is practically no change
in market conditions this morning. Ev-
erything hangs on South African develop
ments. London reports market dead and
nothing doing. Morse London and
son preferred Wortley-"Market very
quiet, but with fairly good undertone
Union Pacific heavy on expectation that
directors will net declare a dividend
Brooklyn Rapid Transit strong; believed
that "Vanderbflts will be represented in
directorate. A broker who has. as a
rule good informa ton. says the dividend
cent. B. F. & Co.-"London Stock ex-
change markets are steady. The none
tary ease helps to offset the influence of
Berlin BANK 5sTATEMENT-B
Jan. 9.-The weekly statement of the I'm
perial Bank of Germany shows the fol-
lowing changes: Cash in hand, increase,
29;S6o0oo marks; treasury notes, increase,
600 marks; notes In circulation, de-
crease 93.4S0000 marks.
LONDON MONEY-London, Jan. o.
American securities opened quiet at about
parity level and~remained steady through
out with operators. inactive. The closing
tone was steady; Spanish as closed 65Sss
The amount of bullion taken into the
Bank of England today was 9119,G00. OF
this sum e5O,OuO was transferred to the
Indian currency account.
NEW YORK MONEY-New York, Jan.
s9:-Close.Money on call steady y, at 41s9
6 per cent. Sterling exchange easier with
actual business in bagkeTs oI bills at Asa@
Gays bi nnste ss SatsS zTeT fme
5S1a@591kc; bar. esilveE, 5oc Mexican dol
la TRE KS Observation-Disclosures
ton, Jan. 9-Todayss statement of the
condition of the treasury shows: Avail
able cash balance. 1924, SOC. 1879; gold re-
serve, $233, 972,595.
BANK CEEARINGS.
St. Paul, ss1o!ssos9
Minneapolis $1,S14,7S6.
Chicago, 1923 1880.
New York. 5000, 80, 7S7.
Boston, $23, 172, S31.