St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-06-16
ON THE BOURSES.

LONDON, June 15.-Payments for the
issue of treasury bills, combined with
the stock exchange settlement Stlmu-
lated the demand for money during the
past week and hardened discount, which
was quoted at 2s4@34. On the stock
exchange prices were weak throughout,
losing daily. The delay in the silver
legislation, stiff contangoes, dearer
| checked speculation and caused gen.
eral depre Ssion. English railway securi-
ties, i'll face of parliaments ap-
proval of the st0ck-Splitting principle,
dropped under decreased traffic.
American railroad securities were fiat
all round, under the growth of doubts
as to the ultimate form of the silver
bill. The failure of large dealer, hold
ing heavy speculative account for
rise, covering over $4,000 shares, as
sisted the decline. The weeks varia-
ton in prices include the following de-
creases: Mexican Central aud Wabash
ordinary, II each; Union Pacific and
Mexican Central lists, n each;i
Nashville, 1 each; Denver, Lake,
Shore, New York, Ontario & Western
and Illinois Central. p each; st. Paul
common. q; New York Central, ~,
Northern iEs "t Pacific Increased u. Cana
dams were quiet; Grand Trunk
second and third preference advanced
%, while Canadian Pacific declined "a:
Mexican railways dropped, ordinary
falling II, and seconds l. Brewery
shares were firm; Guinness ordinary adj
vanced 2: Allsopp's l and New York q.
Copper shares vera strong; Rio TintO,
after pause in the buying, was again
in demand yesterday and advanced ~.
Further, advance in the price of themetaI
is confidently expected. Trusts were
weaker: American general deferred
declined 2. Middles fell "a, ana Ameri-
can association 4. The conclusion of
the Earrings 'negotiation for the new five
million Argentine loan raised CedulaS
IL per cent. The issues of the week
include the Illinois United BrewerieS
and the South American and Mexican
Finance company. l. &. Howe, South
African merchant, has failed with liza
bilties of 9250,000.
PARIS, June 15.-The bourse was [
quiet last week. Three per cent rentes |
show a rise of the week of 95c; Credit I
Foncier rise of 22f and Rio TintOs
rise of 6%f. Panama shares have ad-
vanced 15f. The leading cause of this
iZation of a new company having been
arranged. giving good terms to share /
holders III the old company. The NOM |
~inal price of the Panama shares is now
45f. An unsuccessful attempt has been !
made to sell the works of the SOciete
DIES MetauX. Four lots were offered at
auction, but only the smallest was sold.
BERLIN, July 15.-On the boerse the
week past business was dull. Mining
and industrial shares declined some
what owing to heavy realiZations. Yes
terday'S closed quotations include:
Prussian cOnsols, 1O6 40; Dentsche bank,
Laura mine, 1880; Mexican IS. 80;
short exchange on London, 20.33: long
exchange on London, 20.2734; private
discount, 80. The new German-Italian
syndicate will found an Italian credit
fOncier. The institution will have
capital of 100.000.000 lire, of which So
600. 900 lire will be issued Immediately.
The BIeichroeders are negotiating for a
new Mexican loan, the proceeds Of
which are to be used i'll the conversion
of railway subventions. A large impOr-
tation firm of Hamburg is about to go
into liquidation. Its liabilities are
100000 marks.
FRANKFORT, June 15.-Prices on the
DOtISc SllOWCu UOWUWdIu LclCGuCy
last week. Business was dull. Yes
terday's final quotations includes: Ital-
ian tives, $40; Russian fours, 96.75;
Spanish fours, 97.40; Austrian credit,
1863: Austrian silver rente 77.30; short
exchange on London, 2O.34; private
discount, SO. The Austrian magnate,
Prince Grantsmanndorf, has failed.
He was engaged in wheat speculations
in which he lost over million florins,
besides leaving liabilities of another
million forms. Trustees have been APP
pointed to take charge of the princes
estates.