The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-30
NEW YORK MINING STOCKS.

NEW YORK STOCK GOSSIP Strong,
Sturgis & Co. wire H. Holbert & Son:
we IND it difficult to accept the situ-
atlon as being healthy and judicious
CUR clients in many cases to acRapt
handsome profits when they are willing
to do so. We admit that although we
have been offering these views for some
to hold their stocks rather than to ac-
eept the ruling quotations. OF course
such action on their part has been for
tunate and their ventures have proved
successful, but we feel it still our duty
to throw out the word of caution
whether it Is Endorsed by their action or
rope are imminent and to a very consid.
cradle extent will no doubt take place
The country naturally can stand heavy
grain OF coin il necessary, and there
source. Call money and time money
are both more plentiful today. show ing
that western resources are aiding New
YORK financially. 1t may be said, in
New York speculation, while New York,
in it's turn, is lending enormously in
the so European Rg,19Gs1 zl nsr T St. NJ
April 29.-The Commercial Advertisers
London financial cablegram says: The
stock market was active here today New
censols were bought freely. The Ameri-
can department was the merriest, of
course. London enjoyed the start on the
good bank statement, and bought
steadrly until New York opened. First
New York prices showed that Wall
street was having bulge and London
took 1t UP, following the lead. Northern
Pacific. Union Pacifics and the Readings
were especially strong. The March state
The Erie and Missouri Pacifics alone
were tagging. The greatest activity was
in the steel stocks, of which 100, 900 shares
of common and 100 GOO of the preferred
were dealt in on account of London New
York and the continent. London and
Paris are beginning to fight shy of Tin
tos; Thirty-nine Thousand pounds Of
gold is coming in from Australia, eco 0o0
is going out to the continent. The money
market was firm. The time rate was
33as, discounts 31s. The market has re-
paid the bank about $40 eco, but there
is very little expectation Of an early re-
ductfon of the bank rate, this In view
of the Paris exchange and the fear of
divertlng gold common from New York
Berlin. 20 1872
London, April 29.-Consols for money.
"a 5-16: Consols for the account, e41s.
90 Berlin AF Ts1l 2sExehange on LONDON
count rates: Short bills. for settlement,
per cent; three months bills, 3ss per
cent.
BANK CLEARINGS.
st. Paul, $785 1872.
Minneapolis, 81, ass. 239.
New York. Sill .507, 49,
Chicago, So, FOG. 957
Boston, $1S,812 155
NEW YORK MONEY-New York, Ap.A
29-Close-Money on call steady at 564
per cent; last loan, per cent; ruling
rate. per cent Prime mercantile paper
4Q4s per cent. Sterling exchange easier.
after strength. with actual business In
bankers bills at 1854 for demand. and
at A.S5 for sixty days; posted rates.
81. S515@4. Sc and s4.S9; commercial bills,
s4:S4A@4; SAY; silver certificates. 60c; bar
silver. 59Ac. Mexican dollars 4S1bc
TREASURY RALANCES-Wa arlington.
April 29.-Today's statement of the treas
ury balance in the general fund, exciu-
sive of the $150,000.G G0 gold reserve in the
cash balance, $15S, 207,S75 gold, SOS, AS, 1885,