St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-12-02
ON THE ROURSES.
Condition of the Markets Across
the Water.

Condition of the Markets Across
the Water.
LONDON, Dec. 1.-Diseount was firm
during the past week at 3@314. On
the stock exchange business was quiet.
In the foreign department of the mar
ket attention was centered on Brazilian
securities. Dealings in these shares
showed a continued tranquility Of feel
ing, which was assisted by Natural
reaction from the depression caused by
the change in the Brazilian govern
ment. The loan of 1868 recovered 615
per cent on the week, and the other
loans have advanced 21S per cent.
This rise was largely due to spec
uIative offer sales, which resulted
in scarcity of shares. However much
msgiving stiffness regarding the near
future of Brazilian securities, English
railway securities were active. Ameri-
can railway securities were in fair re-
quest, but prices were unsteady. This
instability proceeded from no apparent
cause beyond uncertainty regarding
operations in the New York market.
Variations in prices of American rail-
road securities for the week were as
follows: Increase, Mexican Central
priority. 2; Erie preferred, Mexican
National, New York. Pennsylvania &
Ohio first mortgage, Northern Pacific
mortgages, Norfolk Sc Western gold
and Mexican Central mortgages, each:
Denver q Rio Grand common mort
cages, Is; Atlantic g. Great West
ern firsts, n: Atlantic g. Great West
ern seconds, Is; New York Central, Is.
Decreases, New York, Ontario d West
ern Norfolk & Western preferred,
Northern Pacific, Union Pacific g. Wa
bash preferences, IL each, st. Paul
Denver & Rio Grande preferred and
OHIO q mississippi ordinary Is each;
Erie, g and Reading e. Canadian
rail way securities were fiat; Grand
Trunk of Canada second preferences re-
lepsed two; Grand Trunk of Canada
first and third preferreds, Il each. and
Grand Trunk of Canada guaranteed.
stock l. Brewery shares were firmer.
Guinness ordinary gained two, and
Crank, Jones & New Yorks, Il each.
Cable shares were strong: Anglo
American preferred show rise for
the week of 2115, and Anglo-American
ordinary, rise of X, while Brazilian
has risen Il. Nitrates showed rather
better tone. owing to the decision of the
nitrate companies to stop production
ing OCCCmOCis OOPpOl 10 oICdOily
rising, o ing to purchases by German
buyers for military purposes. The Bar
ings informed the English committee of
AtehiSon bondholderS that they could
not obtain any modification of the
directors scheme. The committee
thereupon advised the bondholders to
retain their bonds. and to unite in TAX
ing legal measures to protect their in
terests.s The Underwriters OF the
South Brazilian Land company have
postponed the issue of shares for three
months. The week S issues include the
Mexican land and mineral concession
and the Syracuse Brewing union.
PARIS, Nov. 30.-On the bourse dur
| ing the past week prices were weak.
| The weeks increases include per cent
rentes, % centimes credit foncier 1Sf !;
RiotTinto, 7If. The Bank of Paris re-
| covered 15f on better news from Rio
/ Janero. The Bank National of Brazil,
! after falling as low as 75f premium,
/ closed yesterday at 110f premium under
| the advice of Nj. Wagner, the senior
| director of the Bank of Duviver d Co.,
| one of the leading banks of Rio Janeiro.
! Large parcels of Brazilian stocks have
been bought by members of the Haute
| Banoue. NJ. Wagnre who is now in
Paris and who is thoroughly versant
with the affairs of Rio Janeiro, eX-
presses confidence that this change of
government will be of lasting benefit to
] Pra1iI