The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-01-17
NEW YORK MINING SHARES.

WALL STREET GOSSIP-NeW YORK
Son, bankers and brokers, s4l Robert
street, National German-American Bank
building, st: Paul. Strong, Sturgls q GO.
wire US: I'VE have nothing OF much In
terest to report, and market gives no evil
dence of material change or f1uctuation.
The gossip had with reference to the
State Trust company Is dying cut, and with
the evidence furnished of strength and
solvency the attacks are at an. end. It
is probable that the episode has left some
unpleasant impressions, but we are not
disposed to think that they will be last
ing. The selling has been mainly Of a
local character. as evidenced by, the re-
duced volume of the commission business
and the activity of certain operators upon
the floor of the exchange. We have
have any very decided change, in our
opinion, until news of a decisive nature
comes from South Africa. We look for
March, unless British reverses occur and
turn the tide. $50
graphed the following to Edwards &
Bedell. stock brokers, and commission
merchants, 10 Endicott Arcade, St. Paul,
Mimi: Wortley..Theres seems to be a
no pressure to sell, the market goes up
rather easily. Wormser bought LOCO. Sell
ing scattered, largely by traders. Mar
ket very dull with pronounced weakness
in local traction stocks. The selling of
Metropolitan thought to be liquidation to
a large extent" Morse-"This is the dull
est market of the season. There has been
no interest in any quarter, and every
one seems to be waiting for foreign news.
I have heard a rumor of some British re-
verses f. ON two source S. and the arbitrage
houses have been told not to Ivy stocks,
as there is no market in London. The
buying power in the market has bsen very
small, but the supply of stocks offering
is also light. The market would move
cnor .ylIx oifh fnr 1,,f
the uncertainty of the Sugar dividend will
make any rise of moderate proportions.
On the curb today there IS some sign of
liquidation in Whitney syndicate stock
B. F. & Co-.The annual meeting of the
Baltimore & Ohio railroad will be held
in Baltimore tomorrow, and the annual
report will be rendered. 1t is expected
that Pennsylvania representatives will be
admitted to the board of directors, and
that action will be taken on a, merger Of
TIE the sa1timGre s Ohio soqthWesfern
on the turn Of affairs in the Transvaaa
turn" B. F, & co.-@chailu DY Gates Eat a
of the American Steel and Wire company,
400 men in the Cleveland district asking
for an advance of 10 per cent These men
will probably cause us to suspend opera
FOREIGN FINANCIAL-New York
Jan. 1.-THE Commercial Advertisers
bOHuOI CdDiSSTam says. The
markets here were idle and featureless
pending the breaking of Gen. Buffers
mysterious silence. The tone was firm,
Americans were stagnant and the slie hit,
est disposition to buy in them told on
prices, owing to the scarcity of stock
An Illustrate was afforded by the spurt
| of q of point In Norfolk & Western pre-
ferred on the purchase of few hundred
| shares. 80
NEW YORK MoNEY-New York. Ian
16.-Money on call steady at 3@41a per
cent; last loan, 8; prime mercantile pa
per, 5@s per cent Sterling exchange
firm, with actual business in bankers
! bills at S4.S7@4.S714 for demand, and at
J 81. 1904 1874 for sixty days; posted rates
! $4.S4@4. S41b and 50 S71R@4. S8; commereiai
bills, 81. S212614 SO. Silver certificates. 5aM
60c. Bar silver, 59Ac Mexican dollars.
471bc.
TREASURY STATEMENT-Wash ing-
ton, Jan. 16 To-day sta tement of the con
dition of the treasury shows: Ayaila BILE
cash balance, $3.50, ,1SS; gold reserve.
| 1924, 513, 283
BANK CLEARINGs.
ST. Paul, s1,120,S49.oS.
Minneapolis, $1-S41,S62.
| Chicago, $23, I'll, $50
New York. 1924. 1853.
Boston, $30,3136f0.