The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-05-12
NEW YORK MINING SHARES.

WALL STREET GOSSIP-New York
stock gossip, reported by II Holbert e.
Son, bankers and brokers. 341 Robert
street, National Characterization Bank
building, st. Paul-Strong, Sturgis & Co.
Wire us: This is an absolutely unsatis-
factory market. and the rally of yester-
day proves to have been of the most I'M
stable nature. Apparently long stock
comes continuously upon the market
and as the public are either sellers or are
Indifferent and the cliques have all the
snares they want, the result is unfavor-
able. American Tobacco has given some
evidence of the feeling to which we al
lude; and 1t would seem as if the change
IN the directory was precipitating inside
seilng. Ihere are many things that In
themselves should mean higher figures
for railroads. but these good promises are
counterbalanced by the uneasy situation
of many industrials. 1t seems as il the
good Things were to great degree I'M
duly influenced by the trash and as a
fair sample we note the decline in Atch-
ison preferred. well as the weakness
In Baltimore &c Ohio preferred We have
expected weakness in the Traction
Shares, but the excellent earnings of the
railways should stand them in good
stead. Still they are depressed all togeth-
er and the seller OF one Is frequently the
FOREIGN FINANCIAL - New York.
May 1.-THE Commercial Advertisers
London financial cablegram says: The
markets here were rather harder today.
Although there were signs of LIQUIDATION
In Grand Trunk and Westralians bust
ness was, however, slack at the begin
nlnS of the settlement. There was some
tax OF peace, based on a report that the
VoiKsraad had given the Transvaal gov
eminent authority to act as clrcum-
stances may require, coupled with the
cabinet council today but this was the
merest surmise. Funds rallied on the
sudden easing of money. Americans be-
gan hrm, some of them going a dollar
over parity, but the public was entirely
absent and professionals were very eau
uous. New York did nothing until Tho
close, but in the street offered stock,
course has sickened London. 1t is
thought the Boer emissaries visit to
america Will cause temporary disturb
ance In the United States. affecting the
market TlntoS spurted to 55A on the
los rise In metal, but relapsed to 5l5s on
Paris sales before the settlement Ana
condas were supported. The bank bought
GA.000 Of gold in German coin ard vas
notified of $500 at the Cape and e1o9,
zoo in transit from Japan will probably
be intercepted. Money was almost un-
TREASURY sTATEMENT-W Washing
ton, May 11.-Todays statement of the
treasury balances in the general fund,
exclusive Of the $3.50, 100000 gold reserve
IN the division of redemption. shows:
Aavallable cash balances, $l41, 263, 724; gold.
NEW YORK NIONEY-New York. Nav
ll.-Money on call steady at 202is per
~ Ieot 4otiIl, Z per cent; prime meTc1n-
tile paper, 31E@4A per cent: sterling ex-
change firm, with actual business in
bankers bills at S4.SSA@ASS1z for demand.
and at 4S49s for sixty days posted
rates; S4S2@4.85l9 and S4S914 S91%: com
mercial bills, s4.S32l@48iH; silver certIf-
icates, 6046o12c; bar silver Coo; Mexican
dollars. 471Hc
MINNEAPOLIS MONEY Minneapolis.
May n-New York exchange Fridav,
Buying rate soc discount. selling rate mar
Chicago exchange, buying rate 4Oc dis
count, selling rate par: sterling, $751;
BANK CLEARINGS
St Paul. $3.50, Oh So
Minneapolis 1864,577
Chicago, SIS, 05S, 900
Boston. S1977S, 1915
New York, $1S5, 3337 t303