The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-28
NEW YORK MINING SHARES.

Con. Cal. & Va. 35Piymouth $3.50. II
Deadwood . 60 Quicksilver 49,. %
Gould s Curry L 1as, do pf Nevada .. 60 90
Homestake 49,. so 00Standard ........ 80
Mexican ..... 17Union Con. 20
Iron Silver ...... 65 Yellow jacket - 10
WALL STREET. GOSSIP-New York
stock gossip, reported by n. al noiP Rahert
street, National German American Bang
building, St Paul-Strong, Sturgis q
Co wire US: The continued decline IN
Third Avenue and Sugar has had very
unsettling effect on the industrial side. OF
the stock market. and We do not antlci-
pate any recovery for that class or STOCKS
at present. 1t is evident, however. tnat
the railroad market Is making earnest
efforts to cut loose from the less deslr-
able shares, and the really astounding
earnings of Atchisons Southern Halfway
steadily creating a good, and growing de-
mand There would seem no reasonaple
doubt of per cent basis for Atchlson
preferred In July and per cent Ior
Southern Railway preferred. Even the
common shares af both corpora ions have
been bought recently IN large blocks by
parties willing to await DEVELOPMENTS IL
seems as If receiver was inevitable Tor
10 or whereabouts for the stock. The
coming Sugar dividend Is much In doubt,
and we find well Informed persons VINO
go so far as to look for no declaration
opinion bids fair to harden materially py
end Of March. The heavy increase in
loans will be followed by still further
spring demands, and the reserve is sure
to lessen. This is not to be overlooked
Following is furnished by Edwards &
Bedell, 10 Endicott Arcade. st. Paul,
MINI:
"AT things considered, the market has
shown very good undertone. Railroad
stocks. 1T may be said. are even zen stroh e.
Third Avenue and Sugar is not clear,
but they seem to be in demand by par
ties who have been selling them mere De,
fore The short interest is large 1t Will
probably extend further Market will
continue of an irregular character and
we believe stocks are a purchase on all
setbacks."
1--WE see little change in the general
stock market situation from that outlin-
ed in our previous reports. We have
been conseryatively bearish, but there
has been extensive Hquidat ton, and we
believe a fair short interest now exists
in the general market. Prices have been
declining and in view Of these changed
technical speculative conditions we
think the turn for the better Is not far
MINNEAPOLIS Minneapolis,
Feb. N.-New York exchange Tuesday.
discount: Chicago exchange. buying rate
4oc discount, selling srate par; London,
6o-day sterling, s4s31a. ss.
TREASURY STATEMENT-Na shing-
ton. Feb 27-Today's treasury statement
shows: Available leash Balance, $500. 2l6,-
545; gold reserve, S2S1 2254is95S
NEW YORK MONEYANew York, Feb:
e7.-Close: Money on call steady; actual
transactions ranging from 2 to "a per
| cent; last loan Ri closed offered at s.
Prime mercantile PAPER 4!a@5A per cent.
Sterling exchange firm, with actual bus
| mess in bankers bills rat 81 .S6S4g4 ST for
demand, and. at 81. S3114d4 1895 for sixty
days; posted ratesassAs 1al4 g and 81 .S71s@
| ass; commercial pills. 81. 1904 sS11a Sill
| yer certificates, 59%I6GAc: BAR silver,
59ssc: Mexican dollars. 15Mc.
! FOREIGN F1NANCIALrNeW YORK,
Feb. 27.-The CoTHmarsial Advertiser
/ London financial eabIegram says: Inc
| markets here opened str6ng today on Cen
| Cronie.s surrendefy but 'punters' had
| bought largely in anticipation of the pub
| lie coming in, and, being disappointed,
| sold out, so that the close was We'll be-
| low the best London bought Americans,
putting prices well above parity. New
| York first sold, then bought considerably.
| The best points were reached in the
| street"
| BANK CLEARINGS.
st. Paul, Ss7. S51.52.
| Minneapolis. s.. 1858. 176
| Chicago, s23, 555.6i5
New York. sls6. 425 S4S.