St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-10-27
FOREIGN MARKETS..
Condition OF Trade Across the
&tE:snfse.

LONDON. Oct 26.-D1scount was firm during
the past week at 4s46r4 On the stock ex-
change general depression prevailed. Yes
terday there was sheer stagnation. lhroue h.
ont the week the liquidation steadily pro.
ceeGed CT several accounts left over from The
last settlement. The largest of these in
voying 30 :" q shares of American railru ads
OF the gross nOmina. value of ten millions
has passed into the hands of strong syndi-
cate, and disastrous pressure of sales is thus
ayerted. Since this arrangement was
effected. the stock exchange dread of
general collapse has subsidized. STILL, the
settlement beginning tomorrow is expected
10 be accompanied by sel ernl MINOR failures;
until it is over no sensible recovery of prices
is possible. A steady stream of small invest
ment buying OF The higher class of securities
goes on daily, but it is not sufficient to ele-
vate the tone OF the markets. Dear money,
the strike troubles, and The silver REACTION
assist in causing depression. Rupee paper
suffered a heavy relapse during the week,
4l2s closing at SU3l, making decline of
2l2. British railways suffered an average
fall of "a. Amer. can railroads, after a
slight rally early in the week,
have since then shown continuous weak
ness, especially on Friday and Saturday, I'M
der New York selling. The weeks vara-
lions in prices include the following de-
creaSes: Louisville d Nashville ordinary
and Ohio d Mississippi preferred, each;
Norfolk d Western common. 5: Union Pa
cltic, IA; Erie preferred, Mexican Central
Central ordinary. New York, Pennsylvania L.
ohio and Norfolk Improvement bonds. l
each; Central Pacific Denver Il Rio Grande.
New York. Ontario d Western, Norfolk
preferred, Northern Pacific and Wabash pre-
ferred, IL each. Canadian securities were in
Il state of collapse: Grand Trunk first pref.
erence declined 6Ia do sec Ond preference D:
do third preference 2l2 do Guaranteed land
melt is eagerly awaited. he stockholders
hope that the decrease in receipts, due to the
working of the new American tariff, will
only he temporary. Mexican r~ilway shares
10 The break i'll silver, ordinary falling 10.
seconds ana frsts ll9. Brewery shares
were very heavy. Allsopps show a decline
of D, Guinness decline of Sand New Yurks
decline of ". Frank Jones shows an adj
vance of t2 for the week. Owing TO the had
prospects for the shipping interest. Royal
Mail STEAMSHIP shares have fa len and
Cunards /. Nitrates and Copper mining
shares were weak. Rio Tinlos show de-
cline Of ] for the week.
PARIS. Oct. 2u.-On the bourse prices were
irregular during most of the week past On
the last two days, however, the movem mt
was upwards owing TO belief the worst or the
period Of depression in the London market
was over. Prices closed decidedly firm yes
terday. The per cent renteS show rise for
the week of = cenllmes and Bank of France
shares rise of 81 francs, while credit Foi-
cier shares have declined Zig francs, Rio
1intos IA francs and French cable Shares
5O.francs.
BERLIN, Oct. 26.-Business on the boerse
during most OF the week past was poor.
rrires we're weak un,il the end of the week,
when they generally became firm, owing
partly TO bears rebuying and la.ty the re.
turning public confidence. The closing
prices of yesterday include: Prussian CON
soils, l'o.3O; Mexican skies, 9I25: Deutsche
bank, 1890: Handels Gesellschaft, 1925
Laura Mine, 14u.5u; koubles, -43. 80: short
exchange on London, 2 ID: long exchange
on 'ndon. I'LL: private discount, 4ss
FRANKFoRT, Oct. 2,i.-The boerse was quiet
the past week. Pric, were trm. The final
quo. to yeSteru: include: Hungarian
G Id C t., $3.50: Italian ives 93; Spanish
fou S. 20 40; RUSSIAN TOUR 81, Austrian
c.eu.t. 20; Austrian silver rente, 77.ou:
short ge on London, 1913: private
discount 514.