The Saint Paul globe., 1900-04-13

WALL STREET GOSSIP-New York
STOCK gossip. reported by HI. Holbert &
Son, bankers and brokers, S41 Robert
building, st. Paul.-Strong. Sturgis & Co.
wire us: 'The chief feature In our mar
ket has been the strength of the common
this company are so fiattering that a 4
per cent basis for the stock cannot be
very long postponed. Baltimore & Ohio
mas continued strong, and the concentra-
tion OF. these shares promises well for
their advance in price and for their fu-
ture value. Industrials have been a shade
critics is uncertain and the demand for
them most irregular. Many of them are
extremely. good. but they must await the
return OF their speculative popularity
We note a ffrmness in the rates for time
money that surprises us, but goes to
5how 5hoos,,bn,t now th much currency is needed
brief traders market, but safe to buy
on any decline. for a quick recovery"
Following furnished by Edwards & Be-
dell. Manhattan building. st. Paul, Mimi !:
Missouri Pacific on Wednesday continued
| to show considerable activity. but good
supply OF stock was Forthcoming. Spe-
selling to the Gould interests while the
buying was supposed to be for the bull
pool Dealers in Baltimore & Ohio stocks
the common and seemed to trace some
of the buying Of the former to sellers of
the latter. Strong & Sturges were most
side pool appeared to be unloading"
TREASURY STATEMENT = Washing
ton, April 12.IToday's statement of the
elusive of the $3.50, 900, 600 gold reserve in
tthe division of redemption shows: Avail
able cash balances. $14S. .SO7, ,5S7; gold, $92,-
NEW YORK MoNEY-New York. April
12.-Money on call steady at 31z64 per
cent; last loan, 81 per cent; prime mer-
camille paper. .4A@5 per cent; sterling ex-
change firm, with actual business in bank
ers bills at $4S712@4.S75s for demand, and
at &.S3A for sixty days; posted rates,
$4.S41% and s4SS@4.SS12:. commercial bills,
$4S3A@4.S4; silver certificates, 601161611bc; /;
bar silver. 691ec; Mexican dollars, 47$4c.
Z Fl QREIGN RANK STATEMENT Lon
| don, April f2.-The weekly bank state
ment of the Bank of England: Reserve,
decrease, 81, ,2I2,000; circulation increase,
ElS4, geo; bullion. decrease. Ell. .537, $50; 9th
ers securities. decrease. eS6S. .000: other de-
decrease, 83,710O0O; notes reserve, de,
| crease, Ell, ,633 600; government securities.
decrease s1,00o The proportion of the
Bank of England's reserve liabilities is
40.14 per cent: last week it was 41.S7 per
cent. The rate of discount is unchanged
at per cent.
Paris. April 12-The weekly statement
| of the. Bank of France shows the follow
| ing, changes: Notes In circulation. de-
crease, 14575.0Co francs: treasury accounts
current. increase, II. 900, 900 francs: gold IN
hand, decrease. 4,475.0OO francs; bills dis
counted. increase. 18.800000 francs
| MINNEAPOLIS MONEY-MinneapoI
April 12-New York exchange Thursday
Buying rate 25c discount. selling rate 25c
| premium. Chicago exchange: Buying
rate par, selling rate 40c premium Lon
| don: Sfxty-day sterling, $t82k
BANK CLEARINGS.
| ST. Paul-$794 469 &C.
Minneapolis .664. .564
Chicago-$20 937, ,226
BoSton-$22, ,292, ,3S1
New York-$216 ,010 535
FOREIGN FINANCIAII-New York.
April 12-The Commercial Advertiser S
London financial cablegram SAYS: There
was scarcely any business In the markets
here today, and the attendance was thin.
The tone was firm. Americans surprised
( everybody by their cheerfulness, being
good from the start. Although London
bought but little, New York accepted the
| rise and supported stocks, which closed
firm at the top. Union Pacific and LOUIS
| Vile & Nashville, Baltimore & Ohio were
| favorites. Copper shares were good Tin
tos being 595s. The bank lost 10000 gold
| to South Africa and bought G39 COO in
bars. Money is tending to easier rates.
| The bank did large discount business
| and fairly large business in loans at s
points for the week. Discount houses
raised the deposit rates y to 3 per cent.
| Call, 3A notice"