The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-09-24
NEW YORK MINING STOCKS.

NEW YORK STOCK GOSSIP-Report-
ed by H. Holbert e. Son: 1t is best we
think to take the market in it's broad
est sense, and to buy securities, believing
in the development of the properties
which they represent. It seems to us
that this is the only common sense
position for an operator to take at this
time; At or about these figures, there
should be a very distinct profit in buy
ing b. & o., Southern Pacific, Southern
galway preferred, NJ & W, ST Paul
best class of industrials. 1t would be I'M
wise to expect any profit Immediately,
as the autumn elections and condition
Of the money market, the gold situation
Will keep things unsettled here for some
time to come Let US not attempt there
fore to judge of the market from day
10 10 gay, put take a position which will
be justified by it's course in the future
TREASURY STATEMENT-Washl
ton, Sept. 25.-Today'S statement of the
treasury balances in the general fund,
exclusive of the $15e, 100000 gold reserve in
the division of redemption, shows:
available cash balance ..... .$1S7. $3.50 472
SiItta -.--........ LOG, 162 664
ITnitad Stota ..-t...--''.......... z, 1853
treasury notes of 1890 .......,.. ia 917 e5o
MMauohai bank notes ......... 94533e3
T TotaI receipts this day. ........ 2,2Ss55o
IetaI receipts this month .... g. O52 100
Total receipts this year -. 1So 7Ss 5SO
Total expenditures this day. 2,75oOS
d Total expenditures this month. Is, 1O5,690
b o,aa expenditures this year. l16 764oS8
FOREIGN INANCIAL-Iondon' Sent
She Jewish holiday. restricted bust
ness mes on the stock exchange today as
Of settiem neG d 5hat we We are on the eve
me Boer war and the British reserves
gave heavy tone to the market.
copper stocks were fiat on the break
IN c1in Aima i d, Copper, Anaconda de-
American stocks were idly firm on
your Saturday bank statement. bJ1t
mere was sharp break on the street
~ fiIet !; the close OF business on a fresh
the Bank Of Germany has raised the
alscounf rate from 31k to 4. London at
tempted to harden discount rates, but
aaaltea, as America still gets eagles
the only inquirer for gold SATURDAYS
reported rise in the price of bars proves
erroneous. as the price remains IT'S 1Osld
mo Money rates rule steady. Spanish As,
Rand mines. 4ss. Money, 1Q11 per cent
EIhe rate of discount in the open mar
ket for short bills is 2s@2A per cent:
thfee menths bills, 2 3-1602 5-16 per
Paris. Sept. 2s.-Prices were weak on
the bourse today. Parquet stocks were
( badly influenced by the fall in Rio Tintos
ana indnstriais. Internationals opened
I the outbreak Of a revolution in the Bra
lillian province of Matte Rosso had a
particularly bad effect on Brazilian Sc
curities The fall in the price of copper
shares and the unsatisfactory Amalga-
mated dividend depressed Rio Tinfos.
De Beers and Kafirs were sold on the
South African war news. Three per cent
rentes, 100f S715c for the account. Ex-
changes on Lonon, 25f 221zc for checks
Spanish is, 1.17b
Madrid Sept. z5-Spanish As closed to-
DAY at 1910. Gold was quoted at 1912
= NEW YORK MONEY - New York.
Sept 23.-Ciose: Money on call steady
at S1k@4k per cent; last loan, S11ka: ruling
rate, L. Prime mercantile paper, 5 per
cent. Sterling exchange firm, with act
9al business in bankers bills at 81 S511s
Z for demand and $4S2% for sixty days.
Posted rates, s4.s31s and s4.s6. CONNER
cial bills 81. 82@4. S2A. Bar silver, 5S1ko.
Mexican dollars, 451ac.
BANK CLEARINGS.
st. Paul, 81, 3D43H.
Minneapolis, 81, 302, 1884,
z New York, Sill, S99, 49,
Chicago, $2S 291, 900
81 Boston, SIS, S93, 316.