St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-03-10
ON THE BOURSES.
Condition of the Markets Across
the Rrjny.

LONDON, March 9.-M0neY was plen-
tiful during the past week; discount
was easy at $685.. On the stock ex-
change after Thursday business was
fairly active and there was a decidedly
improved tone, though the rise did not
cover the fall of the earlier part of the
week. English railway securities suf-
fered under the adverse movements of
the iron markets. the decline in pig
iron warrants causing expectation of a
check to traffic. American railroads
were weak until the close of the week.
Yesterdays dealings showed general
advance, the better prices in New York,
combined with the belief that the period
of depression is over. contributing to
the recovery. The weeks variations in
the prices of American securities IN
clude the following: Increases-Louis-
vile 81 Nashville mortgage, Sault Ste.
Marie and Baltimore q Ohio bonds
each; Lake Shore, Louisville s. Nash
vile ordinary, and New York, Penn
sylvania u Ohio q, each; ST. Paul COM
mon, Il. Decreases-Wabash general
mortgage bonds, 2: Denver preferred,
Wabash ordinary each. Central Pa
cific, Denver ordinary, New York. On.
tario & Western and Mexican Central
| Il each. Canadians were flat except
Grand Trunk debenture fveS. which ad-
vanced Q; Grand Trunk second prefer
ence declined L; Grand Trunk firsts and
| thirds IA, and Canadian Pacific Is.
| Brewery shares were firm; AllsOpps adj
vanced ~, owing to the appointment
| of committee to inquire into the divi-
| dend charges; New York brewery
dropped "a: Nitrate shares were weak;
| LiverpoOls lost 2, and Primitivas Is.
| The stock of the Monterey u Mexican
Gulf Railroad company was placed on
| the market during the week. The
| agent of the Japanese government has
| failed to place the new Japanese loan,
| rejecting the highest London offer of
| rs for bonds bearing per cent interest.
| The British South Africa company has
bought out the African Lakes COM
pany. The governor of Cape Colony
| announces scheme of colonial rail-
ways. The aim is to extend the rail-
ways to Lake Nyassa.
PARIS. March 9.-The bourse was
| quiet during the week past. Prices were
| generally firm. Three per cent renteS
show an advance for the week of l0c,
and Credit Foncier shares an advance
of 514f. Rio Tintos have fallen 61lf and
Panamas 12f. The decline in Pana-
mas was due to rumOrS that the report
of the commission sent to examine the
canal works is unfavorabe.
| BERLIN. March 0.-On the boerse, at
the opening of the week, everything
was flat. On Thursday there was a
semi-panic in mining, industrial and
| bank shares, owing to report that a
large military credit would be demand
ed from the reichStag. The bears es-
pecially attacked bank securities. and
Dresden bank shares fell II per cent.
| There was an average drop of per
cent in cOal-minIng and other mining
shares. The report of the Dsconto
| GeSellSchaft announcing a Ia per
cent dividend and the reduction OF the
ment. Toward the close OF the week
| able balance of the Laura mines and
the rise in English pig iron. Although
| firmneSS was the rule yesterday. the
feeling of tension remained decided.
owing to belief that the positions of
SEINE large financial firms. which have
| been critical, are only temporarily re-
lieved. Foreign securities were steady.
Yesterdays closing prices included:
PrusSian cOnsolS, l06.50; Mexican 6S,
1915; Deutsche bank, 17l.60: short eX-
| change on London, 20.4315; long eX-
change on London, 1927; private dis
count, 80.
FRANKFORT, March 9.-On the boerse
the past week prices were depressed
until the end of the week, when there
was SlightimprOvement. Yesterdays
closing quotations include: Italian
| ives. $3.50; Russian tours, $3.50; Span
ish fOurs, 73. 25; short exchange on Lon
| don, 20.43; private discount, 80.