St. Paul daily globe., 1891-06-08
FOREIGN FINANCES.
Condition Of Money Matters on
the Continent.

LONDON, June Z-There was a moderate
demand for discount during the past week.
Quotations were per cent for three mouths
and PA per cent for short. The Bank Of
England reserve yesterday was ELS, 100000.
further amount of e2,250, 900 coming from
Australia and New York. Even with the
contingent of gold Withdrawals by Russia,
the monetary position is strong and the fut-
ure well provided for. On the stock eX-
change dealings were restricted, but the tone
was cheerful. Cheap money, the cessation of
rumors of impending failures and an
easy Paris settlement were the leading fac
tors towards restored confidence. The new
India loan of e. 6000 900, to be issued on
Wednesday, is already at n premium OF 2I2.
British funds and rupee paper both rose
He on the week. Foreign securities
American. The fall in Argentines ranged
from / to 3I2. while Gillian bonds show a
fall of l T.. Italian, Portuguese and Spanish
bonds profted by an average advance of l
per cent. English railway securities were
rather flat The raid on Brighton has ceased
with rise for the week of ia. American
railroad securities were quiet. Prices
have been maintained here during the week
rather above the New York level. The deal
lngs of the last two days. though not numer-
Gus. showed some slight increase of strength,
but the influence of the continued gold ship
ments continues TO weaken the market. The
weeks variations in prices include the fol-
lowing: DecreaSes-Denver u Rio Grande
preferred and Union Pacific each; Central
Pacific, Mexican Central, New York, Ontario
d Western and Northern Pacific, y each. In
creases-Wabash debentures. "a; New York,
Pennsylvania d. Ohio, Ohio d. Mississippi
amp Wabash preferred l2 each. Canadian
securities were firm. Grand Trunk first,
second and third preference advanced
1: Mexican railway was fiat; firsts de-
cllned IA. Among miscellaneous securities
London General Omnibus fell 20 per cent
owing to the strike, and Eastmans fell 1.
Rio Tinto advanced y. 1t is rumored that a
new Paris combination aims tO rniSn the
price Of copper to $50 per ton by taking ad-
vantage of the reduction of the Chill sup
plies.
PARIS, June THE bourse was quiet dur
ing the week past, but the tendency of prices
after The conclusion of the monthly state
ment was altogether good. Three per cent
rentes show an advance for the week of 70
centimes, Credit Foncer shares an advance
of 16f and Rio Tintos an advance
OF IF, while Portuguese and Spanish
bonds have advanced y per cent. Suez
canal shares show an advance of 81 francs
for the week. Considering the enormous in
crease i'll traffic it is calculated that the op-
GRAFTON of the canal will give a surplus of
II 900, 0J0 francs for the current year over the
showing for 1899.
BERLIN, June 7.-During the week past
only fair amount of business was done on
the boerse. Mining and industrial shares
generally weakened yesterday in connection
with sharp decline in Bochumers arising
from n treasury lawsuit against the officials
on the ground of inadequate assessment.
Yesterdays osing quotations include Prus-
sian fouls, 1890; Deutsche bank. 152; Mexi-
can SKIES, $3.50; roubles, 24L05; Bochumers
lis; Harpeners, 1856; short exchange OH Lon
don. 2O.44E; long do, 20.30; private discount.
ga.
FRANKFORT. June 7.-Business on the
boerse was fairly active during the week
past The final quotations of yesterday in
clnde: Italians, 9190: Portuguese bonds,
$3.50; Russian. $3.50; Spanish, %. 10; short
exchange on London, 20.45; private dis
count, 3le.
PARIS, June THE race for the Grand
Prize of Paris of 100000 francs for entire
colts and FLIES foaled in 1888, distance about
one mile and seven furlOngs, was run to-day
and was won by NJ. Edmond Blanc's chest
nut colt Clamart, by Saumur. out of Princess
Catherine. The same owners bay colt Rev
erend, by Energy Reveuse. was second, and
Vigilant-Chelie, third.