St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-07-14
FOREIGN MARKETS.
Condition of Trade on the
BOurseS of Europe.

SOHkUEtlOn Oh 1Estue OH bIhC
BOtlrses Of Europe.
LONDON, July l3.-There was fair
demand for discount during the past
week at 1905. The stock exchange
is assuming more cheerful tone in
spite of the disinclination to deal, see
ing that the settlement begins tO-mOr-
row. Yesterdays business was lively
at generally enhanced rates. The up
ward movement commencing on
Wednesday has not yet assumed a
marked character. Buying, if slow,
was steady. Foreign securities, under
the renewal of buying orders from the
continent. have about recovered the re
cent fall, excepting Argentines, which
are 5 per cent lower on the
cent yesterday. Uruguay has adj
vanced ~ yesterday, leavin a
weeks record of z per cent. The Ar
gentine gold premium yesterday was
2O5. English railway securities were
steady. American railroads were de-
pressed early in the week, but there
were symptoms of recovery on
Wednesday and the market has slowly
improved since. The stocks recently
sold here have been absorbed by Ameri-
can buyers within the last two days.
English investors are again buying:
speculative dealings have been re-
Sumed, and there is every prospect of a
boom, though the recovery is inSutfi-
cient to cover the previous declines. The
weeks variations in the prices of Amer
lean railroad securities include the fol-
lowing: Increases-LouisviIle q Nash
vile mortgage, ": Northern Pa
cific mortgage, II; Denver & Rio
Grande, l. Decreases-Mexican Central
bonds. 6; Mexican Central mort
cages, 21a; Wabash ordinary, ~;
Wabash preferred. u; Central
Pacific and Mexican Central ordinary,
each; Mic, New York, Ontario &
Western. Norfolk q Western preferred,
Northern Pacific preferred and Ohio q
Mississippi, q each. Canadian secur-
tiles were quiet: Grand Trunk first
preference dropped /, and ditto second
preference, "a. Brewery shares were
prererred, 8; New York, N; Frank
Jones, a. Copper shares were firm.
Nitrate shares were steady, American
associated and middles broke and con-
tinue weak. Good dividends are de-
clared by the leading banks of the capt.
tai and counties. The London d West
minister's is Is per cent. and the London
PrOvincialS Is per cent, while the other
banks range from IA to per cent. Be-
sides, substantial additions are made to
their permanent balances. The issues
of the week include the Chicago Pack
ing and Provision company and the
Arizona Silver Bill mines.
FRANKFORT, July 13.-On the boerSe
last week business was slow and prices
were rather weak. The closing quota
tons of yesterday include: Italian IS,
$3.50; Russian is. $500: Spanish 4s,
1850; Austrian silver rente, T.40: short
exchange on London, 20.43; private dis
count. 49,.
PARIS, July 13.-The bourse was
quiet during the past week. Prices
were generally firm. Three per cent
and Rio TintOS a rise of 81 francs.
Credit Foncier shares declined IA francs.
There was an advance in Brazilian Ma
tional bank shares. This was owing to
published accounts showing that. de-
spite the disturbed state of Brazilians,
the net profits of the institution had
amounted to 100000 francs during
seven months.
BERLIN, July l3-Although dealings
on the Boerse we're limited during the
week past, the market had firm tone.
Yesterdays closing quotations in clude.
Prussian consols. i0675; Deutschebank.
1860; Handles Gesellschaaft, 1853;
Laura Mine. 144.75; Mexican SKIES, 95. 25;
short exchange ON London, 2O.43; long
exchange on London, 1925; private dis
count 81. The German-Italian loan
syndicate is to hold meeting at Inns
bruck, to settle the administration of
the Credito Fondiero Italiano. The stag.
trade in Germany is undated. A
shipping enterprise called the "Oriental
Steamship company" has been started
at Hamburg. It has capital of 1,5OO,-
600 marks. The object of the company
is to compete in the Black Sea, lower
Danube and Levant, with the AustrQ,
Hungarian Lloyds.