The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-06-07
BANK CLEARINGs.

st. Paul, $685., 1853.
Minneapolis, 81, 6S6031
New York, 1922, 81 1895.
Chicago, SIG, 797, 474.
Boston, SIG, 208, S81.
NEW YORK STOCK GOSSIP-Report-
ed by Holbert & Son: The street is rather
bare of interest at present, as the Atchi-
son stocks have apparently reached a
point where the public is not so much dis
posed to take hold Of them, while the
Union Pacific and kindred properties are
speculatively pretty well advanced. We
are believers, however, in a per cent
basis for almost all the stocks that have
made themselves worthy of consideration,
and this would put both AtchiSon COM
mon and preferred on a somewhat higher
level. The local traders are less conf
dent about the market than they have
been, and that is because in many cases
they were more or less crippled in the
late calamity. Their lack of direct in
terest is however, supplemented by com
mission houses, whose customers recog-
nize the condition of the crops, the earn
ings of the roads and the state of the
money market. On the whole, therefore,
we see no occasion to change our views
as to expectations for moderately higher
figures.
NEW YORK MONEY-New York. June
6.-Close: Money on call steady at per
cent; prime mercantile paper, 3$404A per
cent; sterling exchange firm, with &C
tual business in bankers bills at s4.SSA
Q4SS$s for demand and at $4.S5A44, S53s
for sixty days; posted rates $4.S6 and
$4.S9; commercial bills. $4S4lkG485; silver
certificates nominal at Coo; bar silver,
5S5sc; Mexican dollars, 48c.
TREASURY Washington,
June 6.-Todays statment of the treas
ury's balances in the general fund, ex-
elusive of the Sl50000,000 gold reserve in
the division of redemption, shows:
Available cash balance, 1854, 1858 gold.
$50, obs Ill
FOREIGN FINANCIAI-New York.
June 6.-The Commercial Advertiser
London financial cableg am says: The
stock market continues dull, with deal
ings very moderate in volume Today's
market was inactive. but steady. The
bank rate was reduced from 4 to 312 per
cent; this was a favorable action, which,
however, had been generally expected and
was therefore pretty well d scounted.
American shares were the briskeSt, but
even in this depar.men mt Spectators were
timid and were generally content to deal
in small lots. The list opened rather
dull but hardened somewhat on the an
nouncement of the reduction in the bank
rate. The advance was followed and
supported by buying for the New York
account. Toward the end Of the session
quotations broke somewhat but there
was rally on buying on the curb after
the close. The favorites were Louis
Vile 81 Nashville and Southern Pacific.
the latter being influenced by dividend
talk; On the street Americans were gan
orally weaker. Atchison was a dollar
lower. The Bank of England bought
G140Oo gold in bars. The rates remain
unchanged. but the Bank of Bengal has
reduced the rate from Z to 6 per cent At
the meeting of the Metropolitan District
railway today il was announced that
Charles T. YerkeS and his associates
controlled that line and that they would
introduce electricity as the motive power
OF the road. Exchange on Berlin, O.441a.
London. June 6.-The weekly statement
of the Bank of England shows the fol-
lowing changes: Total reserve increased
GEO. circulation increased &175, eco,
bullion increased 256s So; other securities
decreased s7S6. 000: other deposits i1creas-
ed ELSA, COO; public deposits decreased
e., $40. 0C0; notes reserve increased e4O1, 600.
Government securities unchanged. The
proportion of the Bank of England's re-
serve to liability is 5l3) per cent. Last
week it was 1910 per cent.
Consols for money, 9319; consols for the
account, S35s.
Paris, June 6-The weekly statement of
the Bank of France shows the following
changes: Notes in circulation decreased
162. 075,000 francs; treasury accounts cur
rent decreased 81. coo francs; gold in
hand decreased $3.50, 900 francs; bills dis
counted decreased 229, 275. 900 francs; silver
in hand increased 3,450000 francs Three
per cent rentes. 101 francs 20 centimes for
the account. Exchange on London 20
francs 10 centimes for checks Spanish
fours closed at 7160.