The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-16
NEW YORK MINING STOCKS.

WALL STREET GOSS1P-NeWs York
stock gossip. reported by H. Holbert &
street, National German-Amerfcan Bank
building, ST. Paul--Strong, Sturgts & Co.
wire us Our market has been irregular
and, not very interesting but some gossip
obtains as to Third avenue shares as well
as Manhattan. The Kuhn-Loeb company
underwriting Of the proposed $17. 000,000 Is
now declared off and In Its place It Is I'M
derstood that Mr.. John Rockefeller and
his associates have agreed to furnish the
needed funds and purchase large block
Of the stock. The conditions are not fav-
nue. at present, but the reverse for the
completion of the tunnel scheme Is q
menace to them. The statement of the
Manhattan Elevated company Is regarded
as presenting a fictitious picture of their
earnings. 1t is well known the Manhat-
tan company were heavy lenders OF
money at very high rates during Decem-
Der. they having sold some 100000 Of
their shares previously. It Is generally
believed that the interest received was so
much In excess Of the dividend paid upon
the new stock that profit was thus de-
rived more from rates of money than
Of speculative interest and we are
anxiously awaiting some Incentive"
Furnished by Edwards & Bedell, ITO En-
d1cott Arcade, st, Paul, Mimi: THE I'M
few stocks offered. We believe good
stocks should be bought on all soft spots.
It is a small. andscnarsow market for
will be made by those who buy on breaks
and. sell ON bulges from this level
FOREIGN BANK STATEMENTS
Paris, Feb. 15;-Thes weekly statement. of
the Bank Of France shows the following
changes: Notes in. circulation. decrease,
8,1z5,000 francs; treasury accounts current,
decrease ~ l9Ss SS francs gold In hand
decrease, 80, 10000 francs silver in hand,
decrease, 1850, COO francs.
London, Feb. 1.-THE weekly statement
OF the Bank Of England shows the fol-
949s, 600; circulation. decrease, Ell. COO
bullion. increase, EFT, DIG; other securities,
Increase, a212, 900; other deposits, decrease,
t76l0o0; public deposits, increase, Ell, 467, 900;
notes. reserve, increase sS16. 600; govern
ment securities, unchanged. The proper
ton of the Bank of England's reserve to
liabilities It ee is 1896 per cent. last week it
was 1853 per cent. Rate Of discount I'M
changed at q per cent:
MINNEAPOLIS MONEY-Minneapolis
Feb. 15.-New York exchange Thursday:
Buying rate 75c discount, selling rate 25c
discount; Chicago exchange, buying rate
40c discount; sell rate, par; London, sixty
day sterling. 81 S311ss.
TREASURY sTATEMENT-Was hing-
ton, Feb 15..Today's statement of the
BILE cash ca balance, 1924 667 s02 gold reserve.
NEW YORK sMONEY-New York. Feb.
l5-Money on call easy at 2@21a per cent;
last loan. 2@21a per cent; prime mercantile
paper, 4p5 per cent Sterling exchange
Irregular: with actual business in bankers
pills at s4.S71a@487& for demand, and at
$4S4@4 S4h for sixty days: posted rates.
$3.50. ssh commercial Bulls. 81 SsA "a ssazz;;
s sas e ,,eernncates; bsAG60&c: bar silver,
ose4c; Mexican dollars, 47lkc.
BANK CLEARINGS.
st. Paul, $794,71S.53
Minneapolis. s., z65, 26s.
- Chicago, $50 016,772
New York, $3.50, 784, 598
Boston, s22, 2S0, 832
FOREIGN FINANCIAL-New York,
Feb: B.--The Commercial Advertisers
London financial cablegram says: 'eThe
news of Lord Robetts advance into the
full opening. in the markets here today,
but the volume of business falling off.
early advances were5 lost Iby noon Later
there was slightly shardening tendency
which was maintained to the close except
In americans which began hard with
small steady. buying. but lapsed on sales
by New York. which included bonds It
is apprehended here-that-New York viii
have to prepare for dearer money!
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