St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-05-12
ON THE BOU RISES.
Condition of tue Markets in
Foreign Countries.

LONDON, May 11.-There was a fair
demand for discount during the past
week at 2@124. The stock exchange
showed a tendency to realize in order
to secure profits on the recent rise. The
! reaction was very moderate. selling Or
ders finding prompt response OH the
part of buyers. Speculation was most
active in American railroad securities,
the confidence in sustained boom on
the passage of the silver bill unabating.
The weeks variations in the prices of
American railroad securities include
the following: Increases = Northern
Pacific, 61s: Norfolk 81 Western COM
mon. 81; Louisville d Nashville, %;
Lake Shore, 2; Ohio & Mississippi,
and Norfolk and Western pfd. u
York. Pennsylvania & Ohio, and Nor
fol k& Western improvement bonds
each ;JAlabama IL Texas, Central Pa
cifie.Denver IL Rio Grande preferred
and Wabash preferred,15 each: st. Paul
common 215, Reading Is. Decreases
MeXicanCentralf FISTS, u; Union Pacific
d Erie preferred, 1 each; Illinois Cen
trail, "a; Pennsylvania d New York,
Ontario & Western, q each; New York
Central. %. Canadians were steady:
Grand Trunk second preferred adj
vanced u: do first and third preferred,
81, and Canadian Pacific =. Mexican
railroad, under the rise of silver, was
strong; firsts advanced 2115, and ordinary
and seconds 2. Brewery, mine and
copper shares were firm. The issues
announced during the week include the
Cincinnati Emery Candle company and
California Golden Feather Channel
company.
PARIS, May lion the bourse the
past week prices showed a weak ten
dency. Three p er cent rentes show a
fall of 25c for the week. Owing to the
under which the Credit Foncier is COIL
Quoted, the shares of that institution
dropped 6Sf on Thursday. The fail
ure of Operator Bex. a debtor of the
Credit Foncier in the sum of 1875, 900
francs, started revelations which caused
Deputy Gov. LIE vogue to resign and at
tack his chief, M. ChrstOphle, as solely
responsible for the condition of affairs.
He showed that NJ. Christophle had
ceased to consult the board about
loans, borrowings or expenditures,
and spent S,750,000 francs yearly.
A huge system of newspaper bribery
was disclosed. Every paper in Paris,
and most OF the provincial papers, are
III the pay of the Credit Foncier. The
amount of the secret service payments
of the last twelve years is 100000
francs. The expression by the minister
of finance of his belief in NJ. Chris
tophle'S honor checked a collapse, and
yesterday the shares recovered 81 francs.
Panama canal shares have fallen IL
francs, owing to the publication Of the
report of the commission of engineers
To l,nr nj rnr.lv, trn
nominal quotation is 50 francs, the
par. and the shares are unstable.
BERLIN, May 11.-Prices on the boerse
were firm the week past, and business
was fairly active. The publication of a
statement of the profits of the Laura
mine for the last quarter gave an im-
petus to mining shares generally. Bank
ing and industrial shares were steady.
Yesterdays closing quotations include:
Prassian eonsols,. 1860; Mexican Is,
97.75,i Deutsche bank, 1853; Handlers
Geseiischaft, 1925; Nord-Deutsche
Lloyd, 171.12; short exchange on Lon
don,i 20.3514; long exchange, 20.26L;
private discount, 25s; roubles, 229.75.
The rolling mill owners have formed
convention and decided to reduce the
price, Of metal plates. The Swedish
loan OF AZ, 0OO,O marks, at 81 per cent,
is well taken. The Italo-German loan
syndicate has finally concluded it's Or
ganization. 1t runs until the end of
1881
FRANKFORT, May 11-During the
weekqpast the bourse was quiet. but the
feeling was good. Yesterdays final
quotations include Italian IS, $50;
Russian Is, 96.4O; Spanish As, 70;
Austrian silver rente, n; short ex-
change on Londo, 2O.56: private dis
count, s. On account of the silver bill
before the United States senate large
buying orders for the Austrian silver
rente have been received here through
Paris and London. Barons Alphonse
and Nathaniel Rothschild have warned
Emperor Francis Joseph and Jount Won
Taafe, minister of the interior. that if
oppression Of the Jews is continued at
Vienna, they will be forced to transfer
their business there to Pesth. whittier,
they claim, the leading banks will fol-
low them