The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-03-11
FOREIGN NEWS.
ENGLAND.
Emphatic Denial.

EmpltuttC Dcnlnl.
LONDON, March 1O.-In the House o
Commons this evening George Anderson
one OF the members for Glasgow, asked tht
Government il il was true that General
SchenCk, the American Minister, laG
withdrawn at the demand Of Great Britain
Robert Burke, one OF the Under Secreta
ries for the Foreign Department, repliet
] that there was not the slightest foundation
for the report that the British Govern
ment had demanded the recall OF Schenck
The declaration was greeted with LOUD
cheers.
FOREIGN Markets.
LONDON, March 10.-The principal
feature OF the Stock Exchange during
the past week has been the violent luc.
tuations in Argentine and Bueuos Ayres
securities. The decline was most marked
on Monday, when it amounted TO 81 per
cent in Argentines. No cause for this
heavy decline is known except specula.
tive operations here and the continually
repeated mail advices to the effect that
trade there is bad and money at the most
unobtainable rates. Buenos Ayres 4 per
cents, Eutre Rios, and Santo Fe ! per
cents have nominally declined from 10
to l2 per cent during the week. The
publication OF letter in the early part
Of the week stating that the funds for the
payment Of the interest and sinking fund
in the Buenos Ayres loans were already
in hand, and that there the advices re-
ceived gave no reason to think that the
Argentine and Buenos Ayres govern
ments would cease 10 be punctual in the
fIlfillment Of their engagements, caused
q partial rally on Wednesday, but re-
lapse followed. Egyptian securities also
tluctuated considerably on various con-
flicting rumors, and indicate about
/ per cent decline in the week. The
Turkish loans are also weak, and the SELL
ing in both Egyptian and Turkish secur-
tiles by the London speculators was some
what counteracted by large orders from
France. American securities have been
weak, but there has been considerable de-
mand for them from Belgium. The
market for foreign securities was ilattcned
by the Holdcns selling their stocks in or
der 10 meet the losses caused by the fall in
the home railways last week. The fall in
North British stock amounts TO % per
cent in eleven days, which ID unprece-
dented since the panic OF 1870.
The money article in the Pail Mall Ga
=etic says: "Business on the Stock Ex-
change to-day is only moderate, owing
principally to the fact that the fortnight
iy settlement is approaching and specu-
lators begin TO despair Of an advance in
prices TO anything like tho extent Of the
recent fall. 1t is said that since the
Turkish default OF last year no settle.
ment has been anticipated with so much
uneasiness rs that which commences OH
Monday next. The demand for discount
increased when it was once known that
the bank rate would remain unchanged.
The demand for loans also increases.
A slight improvement is observa-
BILE in the principal English
grain markets. Grain has been gen.
orally held for full prices or for some ad-
vance. At Birmingham, on Thursday,
wheat was dull and declined shilling
per quarter, but at Bristol, Manchester
and elsewhere the tone Of trade was in
favor OF sellers for wheat, barley and oats.
Last weeks imports OF wheat, flour, beans
and Indian corn were heavy, but the de-
liveries Of English grain showed decid-
ed falling oil. The average prices OF
English grain in the country are: wheat,
forty.three shillings per quarter; barley,
thirty.two shillings and seven pence; oats,
twenty-five shillings and four pence.
In London prices arc rs follows: :
Wheat 43s; barley 32s Cd.
At Mark Lane to-day English wheat
was firm and the supply small. Old sam
pies are held for Is advance on the week.
Foreign wheat makes full prices; sup
ply moderate and demand slack. Barley
and peas dull. Oats strong. Maize lcss
depressed; holders refusing 2ls for good
mixed American. Flour dull in conse-
quence OF heavy stocks.
The Liverpool Corn Circular says that
violent gales accompanied by rain and
snow and wintry temperature have
passed over the country, and agricultural
opcrations have been almost suspended
and the spring work is getting much be-
hind. The wheat markets Of Great
Britain are recovering from late dull.
ness, and several have improved from I'd
to shilling per quarter. business at
Liverpool and in ncighboring districts is
also steadier at the extreme prices Of the
early part Of the week. In to.day's sales
wheat was Of a fair extent at full prices;
red wheat u shade easier.
The Liverpool cotton brokers' circular
says:
Cotton has been in increased demand
this week with material rise in prices,
although on Wednesday and Thursday the
market was quieter. Quotations are all
generally advanced. Rather more busi-
ness has been transacted in sea island cot
ton, but at easier rates. Business has
been chiefly for common qualities OF
Florida. In futures there has been ex-
tensiye business but il has been more
limited during the last few days. Prices
after an advance OF fully iarthing are
now only about one.eight above those OF
last Thursday.
The Pail Mall Gazette, in financial ar
ticle, says that towards the close ot the
Stock Exchange, to-day, there was a
semi.panic in some securities. Turkish
receded from to 3 per cent and Argen-
tine further gave way from 3! to it per
cent,