St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-11-25
ON THE BOURSES.
State Of the Markets at Euro
Dean CenferS.

LONDON. Nov. 24.-Discount was firm dur
ing the past week at 1854. Business on the
stock exchange was slow, being oversbad.
owed by the news from B 'azil. which affected
most departments. Out of q total of f63,-
600. OuO i'll imperial. provincial and railway
loans of Brazil. large proportion 10 held i'll
England, investors being Influenced To show
their confidence by the Rothschilds, the
agents of the Brazilian government The
best Informed financial houses were aoso-
lutely ignorant Of the political situation in
Brazil: otherwise the ROthschilds would not
have contracted to bring out the new per
cent conversion loan. nor the Banque
de Paris have engaged to float
the Brazilian national, with a capital
Of Sln,W,0,00O. of which part already has
been sent to Rio Janeiro. Though private
advices agree as to the prevalence of police,
the distrust of bondholders does not abate.
There was ready selling yesterday of all
Brazilian, Portuguese and Spanish stocks.
Some evidence of returning confidence is
seen in increased shipments Of goods to Rio
Janeiro and other Brazilian ports since
premium before the revolution. closed yes
terday al discount Portuguese and Span
ish relapsed per cent under fear OF revo-
/ lutionary conta%ion. Among Brazilian rail-
ways, Imperial Central and Recife, San Paulo
and Great Western have fallen IL per cent,
with wide quotations. ARGENTINE bonds are
P down Dig per cent English railway Sc
curities were weak in spite of good traffic.
American railway securities were freely dealt
in and showed tendency to rise, but this
/ was checked by the general depression. Vari-
, atoms for the week in the prices OF Ameri-
+ can railway securities include the following;
Increases. Union Pacific shares ga. New
YORK. Ontario & Western 3l2, Wabash gen.
ral,mortgage bonds and Norfolk d Western
4 ordinary 2 each. Norfolk & Western pre-
: ferred ia, Northern Pacific, Ohio K Missis-
sippi ordinary, Wabash preference. Louis
: vile & Nashville mortgage bonds and Cent
ra1 ooiG oh nhoch
: Mexican Central and New York, Pennsyl
vania d Ohio first mortgage Ia each. Illinois
iCentral l. st. Paul common 7s. De-
creases. Ohio & Mississippi preferred
s snore Erie p Mshssn soe sdsR Lake aaa
New York Central, l9 each, Atlantic and
Great Western seconds. 81. Canadian Iail-
way securities were steady. Grand Trunk of
ordinary and third preference have risen l2
each. Brewery shares were weak: Guinness
preference s dropped and Frank Jones and
New Yorks II each. Nitrate shares were
fiat: primatives relapsed 112 Cable shares
were sold to a considerable extent Anglo
American preferred shows decline of 2I2
and Anglo-American ordinary decline of
of l. The American security issues of the
week include the shares of the Denver Hotel
company. the Canadian Meat company and
Warmers medicine factory.
PARIS Nov. 24.-On the bOurse the past
week prices became steady, after brief
period of excitement owing to the state of
affairs in Brazil The news Of the revolution
sent Banque de Paris shares down 55f, and
the premium on national Brazilian fell ~
francs. A syndicate, headed by the Ban9ue
de Paris. had contracted to provide the late
Brazilian government with l51.OO,nuO
francs i'll gold. to create national bank,
having the right to replace four hundred and
fifty millions in government paper money
with new notes, the bank also receiving
per cent of the stock at par. The syndicate
sent to Rio Janiero on Oct 20 the sum Of
l2.50',OO0 francs in gold, receiving in re-
turn fours to that value. The provisional
governments assurance that 1t viii respect
contracts is naive intimation that the syn.
dIcate must not relax the sending of bullion.
During the week per cent rentes advanced
sc and Rio Tinto 15f, while Credit Foncier
declined 5Af.
BERLIN. Nov 24.-The market was firm
during the week. excepting for home funds,
which were weak. under the influence of
dear money, combined with the government
conversion schemes The chief of these
schemes Is the impending conversion of
400.0p0,O0O marks Of Prussan railway
4 per cents in 3l2 per cents. The final quota
tons include the following: Prussian con-
soils. l05. 10; Mexican skies, 20. 10: Deutsche
bank, 11I.5O; Short exchange on London,
2 80: Long exchange on London, 2J.17
private discount, 4l2.
FRANKFORT. Nov. 24-On the Rourse dur
ing the past week prices were steady The
final quotations include: Italian ives,
90 10; Russian fours, 81. 25; Spanish tours,
1880; Austrian credit 269; Short exchange
on London 2O-33 private discount LIZ.