The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-10-05
NEW. YORK MINING STOCKS.

NEW YORK STOCK. GOSSIP Strong,
Sturgts & Co. wire to H. Holbert & Son:
1T cannot be denied that the stock mar
ket has developed a surprising degree of
strength here in the past few days and
that it is no longer a one-sided affair.
! That Short interest has played a large
part in the Improvement is a fact, but
1t is undoubtedly true that there are peo-
time to commence to accumulate
securities and have been acting upon that
Idea. The transactions have spread over
a considerable number of stocks, which
is in itself a hopeful sign of more ac-
tivity in the future. Railroad shares
have received fair attention and held
their prices well, particularly such stocks
as the Burlington, the Atchisons, Union
Pacific and Baltimore & Ohio Chicago is
credited with buying Hoop and Tin Plate.
Sugar and Brooklyn Rapid Transit have
both proved feverish, but the prices for
them are well maintained owing to the
short interest in them. The rumor re-
garding the requirement of The Penn
SylVan1a people of an interest in the lat
ter stock seems unworthy of attention.
II. c. /. had an active advance this aft
ernoon and the belief is prevalent that
a 2 per cent dividend will be declared at
todays meeting. While the business of
the company has been disappointing,
friends of the property claim that the
surplus is large enough to warrant the
payment of the dividend. There is moth
ing new to say Of the strike situation. 1t
does not come to a speedy settlement as
we would like to see. No material change
has taken place in the money market.
Call money still. rules 21s to 8 per cent,
while there is practically no business do
ing in time money at any thing under
that. 1t is likely that the bank state
fnent may be rather better than antici-
pated, as we hear that the banks have
made gains SO far this week.
FOREIGN FTNANclAI-New York,
Oct 4-Commercial Advertisers London
financial eablegram: The stock market
here was quietly steady today. Anleri-
cans were active. There We're some
York absorbed them. Professional sup
port was transferred from Eries to
Southern Railway. Tintos spurted u on
the dividend Of 40s. Comparing with the
American buying was noticed IN Mexican
issues. There were large repayments of
money to the bank Silver closed at
29& in speculative buying.
London, Oct. 4-Censeis for money $685.;
consols for the account. SO I1-16
London, Oct. 4.-The weekly statement
Of the Bank of England shows the follow
c2 1l a GO; Circulation, fncreased ei2os
600; bullion, decreased G1. 1876, f09; other
securities. increased. G1,215,0O0; other de-
posits, increased. "a 454, 900; public depos-
its, increased, 1855 600; notes reserve, de-
creased, So, lis, 600; government securities,
increased, e5797, OG0. The proportion of
the Bank of England's reserve. to liability
is "A Al per cent. Last week it was S98
per cent. The rate Of discount is IN
changed.
Paris, Oct. 5.-The weekly statement of
the Bank of France shows the following
changes: Notes in circulation, increased,
99, 715 francs; treasury accounts current,
decreased, 80, $4,000 francs; gold in hand,
increased, 26,400,000 francs; bills dis
counted, increased, $4,000 francs. silver
in hand, decreased, 1876, 600 francs.
NEW YORK MONEY-New York, Oct
4.-CIose-Money on call firmer at 2@3
per cent; last loan, PIC. Prime mercan-
change firn1er, with actual business in
bankers bills at $4.S5 for demand and
at $4S11s@4.811s for sixty days; posted
m ser Bills. sssq s2% Silver SIC slc.
Mexican dollars, 5Gssc.