The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-19
NEW YORK MINING STOCKS.

WALL STREET GossIP-strong,
Sturgts & Co. wire Holbert & Son.: We
feel that the speculation on the part OF
the public is very widespread, and not
always very well protected, so that 1t
affords an element Of uncertainty and
somewhat of danger. Bull information
is plentiful on Union Pacific and North
ern Pacific, and many people that that
Missouri Pacific will share the upward
turn, but for ourselves we can only say
that the market seems to US high enough
Of our friends taking their profits when
they appear.
NEW YORK MoNEY-New York.
at 3@5 per cent; last loan per cent;
ruling sales, 515 per cent; prime mer-
camille paper, 4@41k. per cent; sterling
exchange steady, with actual business
in bankers bills at s4.S71a for demand
and at $4.S4A for sixty days: posted
rates, 81 S5A and $4S9; commercial bills,
s.. S4112; silver certificates, nominally Gc;
bar silver, 5skc ao,, g government eS rgn bonds
TREASURY BALANCES-Was hIng-
ton. April 1S.-Today's statement Of the
treasury balances in the general fund,
exclusive of the SEQ, G00, 600 gold in the
division of redemption shows: Availa-
BILE cash balance, $153, 201.2 gold, $685.
FOREIGN FINANCIAL-New York,
April 1S.-The Commercial Advertiser 8
midget which was announced by the cham
celior Of the exchequer this afternoon
imposes an addition of I'd on the income
tax. making it rs ID On the pound; a
duty of 4s I'd per cwt, on refined sugar
and a graduated duty on raw sugar; rs
a cwt, on molasses and syrupS, ls1sd
cwt. on glucose. There IS no increase
Of the duty on tea, tobacco, spirits or
beer An export duty of Is has been I'M
posed on coal. A deficit was announced
Of 39O0a, 600 pounds and power was asked
Iann mn <--@Iex 1NlYa -
was idle, awaiting the budget, the details
of which were not known during business
hours. The tone of trading was heavy,
consols dropping on the expectation OF
big issue OF the war loan. American
shares were much more active and cheer
full. The lower level yesterday In New
York had encouraged buying from the
very start. The Erie issues were the
leaders here Of the advance which, when
New York took UP the movement and
hoistered Atchisons and Union Pacifics,
went on to buoyant close at the high
est prices of the day. Steel stocks rose
in spite of the strike stories which are
being circulated here that the contradic-
tions In pursuit. Tintos fell on reports
of strike with riots and rallied on the
official contradiction which was put out
later The bank has bought EGO 600 gold
in bars Money was very easy. The
bank return is good and deposit rates
have been reduced half point IN anticl-
patton of fall in the bank rate next
week. The call rate was 2as; time money.
2sss; discounts, ZIG. Silver spurted on
buying that was regarded as speculative.
Exchange in Paris. 25.17; Berlin. 2e.221s.
London. April lsco nn for for money money;
statement of the Bank of England shows
the following changes: Total reserve, in,
creased Ell, 1861 600; circulation, decreased
e43S coo; bullion, increased g. SIG. 0SS:
other securities, decreased 81. 2Ss. 200:
other deposits, decreased 81, 662, 600; public
deposits, increased 81, S21 GOO; notes re-
serve increased s1,T5, 600; government
securities, increased &191, 600. The pro-
portion of ths Bank of England's reserve
to liability is 1916 per cent. Last week
it was 1914 per cent. Rate Of discount
unchanged, 4 per cent.
Paris, April 1S.-Three per cent rentes
101 francs 271S centimes for the account;
exchange on London 20 francs, 17tk CEN
times for checks. Spanish As, 1880. The
weekly statement of the Bank of France
shows the following changes: Notes in
circulation, increased 14,725.O00 francs;
treasury accounts current, decreased H.
100000 francs; gold In hand. Increased
II, 625, 900 francs; bills discounted, increas-
ed 26, LIE, 900 francs; silver in hand, IN
creased 100000 francs.