St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-08-18
ON THE BOURSES.
Condition Of the Markets i'm For
ei~u Countries.

eign Countries.
LONDON, Aug. 17.-There was fair
demand for discount during the past
week at 3$@314. Toward the end of
the week the stock exchange developed
unexpected activity and strength. MI
merOuS dealings in silver securities led
the way to general recovery. The
prospect of cheaper money, the settle
ment of the New York and Welsh
strikes and the improving harvest re-
ports were among the leading factors of
the revival, which has come sooner than
was anticipated. Dealers now count
upon a large business being done
throughout the autumn and winter.
The rise in silver has led to a
marked advance in India rupee
paper. yesterdays advance alone being
2. Indian government stock has risen
since Wednesday 3 per cent. English
railroad securities were strong during
the week, with all average advance OF
IL per cent. American railroads rose
daily under large speculative buying
The weeks variations in prices include
the following increases: Denver pre-
ferred, 3M; Louisville & Nashville, 81;
Mexican Central lists, 3; Norfolk q
Western, preferred 215; Union Pacific,
~; Mexican Central, New York. Penn
sylvania & Ohio and Central Pacific,
~ each; Lake Shore, II; New York,
Ontario q Western and Mexican Cen
trail priority bonds, each; Ohio q Mis-
sissippi and Wabash preferred, % each;
Denver mortgage and Wabash ordinary.
u each. Canadians were firm;
Grand Trunk first preference and
guaranteed advanced l. and do ordinary
and second preference q. Mexican rail-
way experienced boom; ordinary adj
vanced ~, seconds 519, firstS 37s and
debenture skies 2. Breweries were fiat;
Allsopp's ordinary dropped 4and Frank
Jones 81. Copper shares were in de-
mand; Rio Tinto advanced l. Nitrate
shares were firm; PrimitivaS advanced
"a. The American and English demand
for the Goats stock has exceeded g15,-
100000. India council drafts sell at
Is Sd per rupee, against Is sd before the
American silver bill had assumed act
uality. There was considerable buying
OF rupee paper during the week. The
report that chemical union had been
formed proves incorrect. There has
been hitch in the negotiations, with
delays in formulating the constitution
of the syndicate.
PARIS, Aug. lion the bourse the
past week business was active, and
prices showed a general advance. The
advances for the week include: Three
percent rentes, S5c; Credit Foncier
shares, SGT; Bank of France shares.
1Of. and Rio Tintos 20f. Panamas have
declined EXT. At yesterdays set
Element money was plentiful and con-
tangOes were easy.
BERLIN, Aug. T.-BusinesS was act
i've on :the boerse the week past, es-
pecially in bank and mining shares
and foreign securities. Yesterdays
closing quotations include: Prussian
consoIs, 1O64O; Mexican SKIES, $3.50;
Deutsche bank, 16S; Handles GeSell-
schaft, l7l.60; Laura mine, 1915; Ger
man Lloyd, 1890; roubles, 246.10
(againet 2i1 last week.; short eX-
change on London, 20.43; long exchange
&c. 24IIl; private discount, 8. The Men
delssohns are to join Pyens, of Amster-
dam, and Schroeder, of London, in es-
tablishing Transvaal National bank.
The Hungarian wheat harvest is es-
timated at S0,000,000 cwtS, half of which
will be exported. The value of the
crop is placed at 140, 100000 forms.
FRANKFORT, Aug. IA good amount
of business was done on the boerse last
week. and prices were strong. Yester-
days closing quotations include: Italian
fives, $40; Russian tours, $3.50; Span
ish tours, 1915; Austrian credit, 276;
Austrian silver rente, 1915: short eX-
change OH London, 20.43; private dis
oolpt 21/