The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-06-11
Bid. **Offered.
NEW YORK MINING SHARES. =

~ - 4Ofth STOCK COSSI P-RepOrt-
ed by Holbert & Son-The new 4 per
cent collateral trust bonds of the Tobac-
! % company have been quoted as high at
| a., which is disproportionate to the
! PRICE OF American and Continental To-
Ddcco companies. These quotations are
| merely nominal. however, and no amount
| OF ponds could be sold at this time. but
we look on it as a good index of the
| lure cou: Sc or Iobacco. and expect the
american stock will sell in the neighbor-
hood of $50 and the Continental equal
10. We note that the subsidiary com
panies of the. United States Steel. par
tlcularly the National are declaring their
preferred dividends. and we look on this
as d good indication of what the United
L&tes company will do when the divi-
oend day Is due. We have no strong
views upon any specific stock, but regard
inc tendency as upward in the general
market, and think that the near ap-
proach Of the first of July will assist
/ THIS movement, as the investment demand
VIII doubtless contribute materially to
strengthen prices. 1t will be a trader
! market probably for some time vet. how
! ever, and no very extraordinary fuctua-
! tons are to be expected
BANK CLEARINGS.
St, Paul, $SSS, S23.
Minneapolis, ST. 59S 576
New York. $133, 451, 500
Chicago, $25, 495 $50
Boston, $16248, CSC.
NEW YORK MONEY-New York. June
81 CIOS0' money on call steady at Z12QD
S1@ per cent; last loan, 21a during rate
j. Prime mercantile paper, 3A641b per
! cent. Sterling exchange steady, with
! a ac business in bankers bills at a. g8I4
ga for demand, and at 81 50 for sixty
days Posted rates, $4.86d4 SO; CONNER
! cial bills. "a 84340 .85H Silver certid-
Gates nominally, Coo. Bar silver. SEQ.
Mexican dollars, 4Sc
TREASURY BALANCES-Wa washington
June 10-Today's statement of treasury
balances in the general fund. exclusive
| Of the S150,O00,000 gold reserve in the di
VISION OF redemption, shows: Available
FOREIGN FINANCIAL-New York
June 10.-The Commercial Advertiser's
London financial cablegram says: The
chlef incident in today's idle and irreg-
consols to 80, with a meager rally at the
close to 9S1s- American shares were
quiet, but the selling predominated dur
ing the hrst hour on the unfavorable
ment of last Saturday. The selling in
| GUIDED 1900 shares of Atchison for the
! continent, which were taken up by the
afpItrageurs as good margin. Towards
midday the market perceptibly hardened
New YORK closing strong, but in the alb
sence OF support quotations finally sagged
again. The stock exchange committee
has fixed next Monday as the date for
buying in Northern Pacific. There was
very little interest in the announcement
as the short interest has been practically
! eliminated, and it is believed that there
arc only about LOCO shares to sell. and
the borrowing rates are easy at I29 to 70
| The. general underlying position Of the
market is regarded as very sound. Mon
ey is extremely easy, the call rates hav-
ing worked down to l per cent with
fixtures at IA and longer dates 21b. AS
$9.5OO0O0 in call consols are due on the
| 18th, the abnormally easy money rates
Will probably soon end.
London, June 10-The amount of bullion
/. taken into the Bank OF England on bal
ance today was &1S,O999 Spanish fours
closed at 70A. Gold premium quoted at
Ruenos Ayres 1870. 3GonsoIs for money,
! 80 lis; consols for the account, g3A.
Paris, June 10.-Threea per cent rentes
lO1. Exchange on London 70 francs. "a
confines for checks. Spanish tours closed
at 71.42. 10 Il.
20 marks, Az pigs for checks Discount
rates. short bills, 3 per cent; three
months bills, 39s per cent.