The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-01-10
NEW YORK MINING SHARES.

WALL=STREET GOSSIP Strong, Stur-
gls q Co. wire Ho1bert & Son: C. B. &, c..
ST. PR. Land Great Northern have shown
that hey W 20 II bg Is
impaired a sympathetic strength to the
stocks Of less high grade, as seen In At
G f4lfa PREPARED, the Northern Pacifics,
Union Pacific and Missouri Pacific The
latter stock has made a further excep-
tional advance and is doubtless on the
cage OF dividends payments at the rate
stocks and roads that tend towards that
section of the country, such as ST. Louis
and San Francisco and Wabash shares.
have come in for some attention and it
Is felt that they should share in tbs .ld-
vance of Missouri Pacific to a greater ex-
tent than they have yet done. This
Would be especially true of Wabash pre-
felred, which is now selling for less than
Erie common stock. In these days of
combinations and heavy corporation dea Is
II Is entirely possible that Wabash Sc
with with one OF its connecting roads. We
therefore think that it offers fair spec
ulaflVe field. with very good chances of
profit. In the industrials we notice
strength in Con. Tobacco and American ci n
Tobacco. due to the speculative purchas-
es by those who are confident of the re-
duction of the government tax and a
consequent large increase in revenue
which these properties will enjoy We
think both these stocks will bear watch
ing New York Central has shown con-
VINO bave taken their profits in st. Paul
and Pennsylvania have been turning to-
ward New York Central believing 1t to
De IN the line of distinct advancement
IL Will doubtless benefit greatly by the
surplus earnings of the Lake Shore and
Beston & Albany and, through the med
Ium of the treasury stocks, it should
have greatly increased revenue Like
PENNSYLVANIA, 1t is certain to be absorb
ed for investment and the day is not
very far distant when it will be as
scarce in the street as North Western
FOREIGN FINANCIAL-New York,
Jan. 9.-The Commercial Advertiser s
london financial cablegram says: The
inactivity OF the market here today was
increased and the tone was undecided
The close, however, was harder on the
announcement that Whitaker Wright was
to provide a quarter million to extricate
his cousin from the recent disastrous col
lapse American activity is ebbing, the
department. being featureless today, at
about parity, except in Louisville &
Nashville and Union Pacific, which were
strengthened by New York purchases
and anticipation of improved dividends
T1ntos are hardening on the expecta-
is about to advance. The expectation of
early gold shipments from New York
improved consols.
ozl London, Jan: 9;-consols for money,
NEW YORK MONEY-New York, Jan
9.-Close: Money on call easier at 964
per cent; last loan, 8 per cent; prime mer-
camille paper, 414@5 per cent; sterling ex-
bankers bill at S4S6N for demand and
81 SS1s for sixty days; posted rates, $iSS14
@4.S4 and $4.Si1A; commercial bills, S. S2E
CASA; silver certificates, 6I1aQ651bc; bar
silver, 637sc; Mexican dollars, 497bc
TREASURY BALANCES Washington
Jan. 9.-Today's statement of the treas
sive of the $3.50, 100000 gold reserve In the
division of redemption, shows: Available
cash balance, S141. ISL. $50; gold. 500, 1854, 1852
NORTHERN PACIFIC DIVIDEND
New York, Jan. 9.-The Northern Pacific
Railway company has declared a regu-
lar quarterly dividend of 1 per cent on
it's preferred stock, payable March g.
BANK CLEARINGS.
St. Paul 1868, GAS.
Minneapolis, 81, $40, GS9
New York, $344. GAL 1871.
Chicago SIS, AS, $50.
Boston, $50, 81, $50.