St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-03-24

isimprobable until after the Easter holidays.
Foreign securities were depressed during the
week under selling orders from Berlin, though
the resignation Of Bismarck had singu-
larry small effect upon prices, strong sense
of distrust paralyzed dealings. English rail-
way securities were firm after the settlement
of the coal strikes American railroad secur-
tiles are slowly improving. Buying for in
tone Of the department is healthier. The
weeks variations in the prices Of American
securities include the following: Increases
baltimore & Ohio sterling bonds OF 1902,
3; Lake Shore, 2l2; Wabash general mort,
gage bonds, Pittsburg d Connellsvile and
Mexican Central firsts, 2 each; Northern Pa
cific and Wabash ordinary, 1le each; Next
can Central ordinary, Louisville d Nashville
mortgage. Norfolk gold bonds, Northern
a Pacific mortgage; Atlantic first Leased essi
Louisville Nashville, New York, Ontario d
Western, Norfolk & Western preferred, Wa
bash preferred and Denver & Rio Grande
mortgage u each. Decreases-Central Pa
cifie, Denver u Rio Grande ordinary, and
Union Pacific l2 each. Canadian securities
were dull Brewery shares were steady;
New York and Frank Jones breweries adj
yanced "a. Nitrate and copper shares were
firm. Argentine stocks were panieky and
the quotations show an average fall of per
cent. The surplus In the coming budget Is
now estimated at 3,750,000 pounds. Mr..
Goschen announces that part OF it will be
applied to rehabilitating gold coinage. Deal
erS in tea expect reduction or the duty on
that commodity.
PARIS, March 23.-The news from Berlin
has shaken the bourse, broken the speculative
rise and put everything in state OF sus-
pense. Since Thursday 3 per cent rentes have
dropped If l5c. Credit Foncier shares show
a fall for the week of 15f, and Bank OF
France shares fall of 35f. Rio Tintos show
q rise for the week Of 1Af. Panamas are
unquotable, the delay in publishing the re-
port of the committee sent TO examine the
canal works having produced the worst i'm
preston.
BERLIN, March 23.-On the bourse last
week business was dull. prior to Prince Bis
marcks resignation, and after that event
absolute stagnaton fell on the market.
Every kind of security, home and foreign,
showed a downward tendency, although
there was nothing like panic. feeling
that something is going to happen prevails,
paralyzing business. Boerse operators dis
trust the future under Emperor Williams I'M
checked control, besides fearing immediate
financial troubles. Industrial, iron, mining
and bank shares continued TO decline. "A
favorable report from the Deutsche bank, de-
claring a dividend of 10 per cent and an
other from the Darmstadt bank, declaring
dividend of 10l2 per cent, failed to revive
bank shares. Yesterday foreign securities
closed under especial depression, which was
partly due to the stringeucy of money FOR
settlement the rate ruling as high as 6l2 per
cent The closing prices include: Prussian
consols, lO5. 80; Hungarian gold rente, SO. 60:
Deutsche bank. 1853; roubles, 22u.5O; short
exchange on London, 20. 36A long exchange
OH London, 1923; private discount 33s.
FRANKFORT March 23.-Business on the
boerse was dull, and there was a general de-
cline in foreign securities. The depression
at Vienna affected dealings here, the sales
dominating. Since Thursday Austrian credit
declined from 266 to 25S. Austrian gold
rente from 94.30 TO $40: Italians from
o.. Al to 81 90, and Russians from 81. 40 10
1920. Short exchange on London closed
yesterday at 2O.35, and private discount at