The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-06-28
NEW YORK MINING STOCKS.

NEW YORK MONEY-New York, June
Tf.7-Money on call firm at 300 per cent;
last loan 3; ruling rate s. Prime mer-
camille paper 3A@415 per cent; sterling
exchange steady with actual business in
bankers bills at $4.S74sD4. S7% for demand
and 81. S1s04. S5A for sixty days; posted
rates, $4.S6p4. commercial bills. $484A
W485A. Silver certificates nominally 60;
bar silver 597s; Mexican dollars, $4.87A.
NEW YORK STOCK GOSSIP-Re
ported by H. Holbert & Son: The trend
OF affairs today has been to a certain
extent disturbing the public condolences
!naSmuch as statements made yesterday
in regard to the condition of the institu-
ton which today closed it's doors have
proved to be more sanguine than were
warranted by the facts. Appreciatirrn of
this caused a sharp selling movement
after the market had absorbed the stocks
sold for London account at the opening
ana mas rallied on purchases of ManhaI-
tan, Metropolitan and St Paul chiefly,
apparently for short account and for the
same interests that appeared as buyers
yesterday. While the condition of the
Dank above referred to Is disturbing, we
cannot regard it as of serious rnOrnent
to the community, or at all indicative
or general conditions. Today's advance
IN call money is natural and to be eN-
pected as the preparations for July pay
ments go on. Favorable reports of rail
road earnings continue, Atchison in Nav
with gross increase of nearly $500 000
showing gain in net of over $3.50, 600
ana we also hear most favorable re-
ports in regard to Rock Island and ST
Paut, based on earnings and the bright
outlook for future business
FOREIGN F1NANCIAI4-I.ondon. June
A:-Business showed few signs of i'm
provement today and sentiment was stfII
depressed, although prices hardened
slightly toward the end. Berlin was still
a free seller of stocks, the complications
IN mat quarter having resulted in the
arrest of the manager of the Leipsiger
Dank. American stocks were weak early
on fears of monetary troubles in New
YORK and on German sales. There was
also quiet realization here by some of the
bulls, who have grown weary of holding
stocks and whose enthusiasm has be-
come stale. Then new buying caused a
rally, put at the very close there was a
drop of point on the news of the sus-
pension of the Seventh National bank.
although there were more offerings than
actual sales. Berlin sold tintos through
Paris to 52A. which marks the low rec
ord this year. but there was a rally to
53$s. London being bullish, giving Il call
to the end Of July and "a to the end of
September. The Bank of England re-
turns show market borrowings of G2,0Oo. =
OO0 and today FL, 900, 900 more was Dor
rowed. Call rates have advanced to az
per cent. with other quotations steady
exchange is Is .2012; Berlin, 20 391k. Con-
soils for money and the account, 90 3-l6
The weekly statement of the Bank of
england shows. the following changes:
ton, increased, e6O4 OOo bullion increas-
ed. 1854. $50; other securities. increased,
92 f4 600: other deposits. increased e.
$4,000; public deposits. increased R4e3. O0o.
notes reserve, decreased, &c, 600; govern
ment securities unchanged The proper
ton of the Bank of Englands reserve
to liability is 40 so per cent; last week #
was 51.79 per cent; rate Of discount un-
changed at per cent
Calcutta. June 27.-The rate of discount
of the Bank of England was reduced
from to per cent today
Paris: June 27.-The weekly bank state
ment shows the following changes: Notes
in circulation. decreased. Il, OPS, 900 francs;
treasury accounts current, increased 80,
225000 francs; gold in hand, decreased,
2400.009 francs; bills discounted increa sed
SO. 100000 francs; silver in hand decreased,
1,225, 600 francs.