St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-04-20
FOREIGN MARKETS..
Condition OfFfnances Across the
BPiny Deep.

LONDON, April 19.-There was a fair de-
m mana Tor discount during the past week at
ia for three months and for short Further
orders for gold for the continent combined
with the bullion requirements OF Scotch
banks and the usual May term PAYMENTS
Will probably cause another increase of The
BANK OF Englaud's rate within q fortnight
On the stock exchange during the week
business was active, yet values generally
tend to recede. The uneasiness in the
d dhg department affects all the
that operators burdened with blocks of Port
uguese, Brazilian and Gillian stocks are
showing signs OF distress, which information
creates tears OF crisis and the further finan-
clal complications in the Argentine Republic
add to the depression. During the week
CHILEAN securities tell 5S4 Argentine 5, Bra
ZllIan 3B, Mexican IA. and Spanish and
Portuguese a. British funds were weak and
dropped 4. Rupee paper fell 12. Some col
onla! government stocks declined on the
partial failure of the new Victorian loan,
only two-thirdS Of which was placed out of
the t3,OOOOO0 pounds offered. English rail
way securities were strong, showing an
average rise of 81. American Railway securi-
lies were Irregular. but the balance of the
changes were favorable. At the opening of
the week some operators showed q DISPOSE
tlon 10 take the profits on the recent rise but
THIS reaction was soon checked by the reao1-
ness of others to buy on the smallest decline.
Variations i'll prices for the week include the
following: IncreaseS-Louisville d Nash
vile, "a; Sault Ste. Marie & Southwestern,
:: Union Pacific shares. Wabash preferred
and New York, Pennsylvania & ohio. 10
each; Lake Shore, Erie preferred, Ohio 4
Mississippi ordinary Louisville & Nashville
mortgage and Mexican Central priority. |
each; Central Pacific shares and st. Paul com
mon. "a each: Denver & Rio Grande common
and Mexican Central mortgage y each De-
creases-Ohio & Mississippi preferred. 2;
Northern Pacific preferred l. Canadian rail
way securities were Oull. The Grand Trunk
stocks UnrQ Oioll ,- CO. So
meeting OF shareholders. Grand Trunk first
and second preferences show fall of .
each on the week, while Grand Trunk third
preferences and guaranteed stock declined 1
each. and ordinary l2. The securities OF the
Mexican railway were firm, firsts gaining ia
and seconds "a. Among the miscellaneous
securities American Meat shares droop under
the fall of prices due TO excessive imports.
Eastman,s lost g on the week, Allsopps 1l2
and Rio Tintos IS.
PARIS, April 19.-There was a GEN
eral shrinkage of values on the bourse
throughout the week, many weak spec
ulators trying to unload on falling
prices. Yesterday heavy parcels, chiefly
foreigners, were offered and every-
thing closed at decline. The weeks
falls include the following: Three per
cent renteS, 45 centimes; Credit Fon-
Ger. ID francs; Rio Tinto, 10f; Bank of
France, 35f- Portuguese, Spanish and
Foreign securities generally lost 2 per
cent.
BERLIN, April 9.-Business on the
bourSe during the week was irregular.
Foreign securities were depressed.
Iron, coal and industrial securities were
firm. The steamship companies are in
creaSlng their imports of coal from
America, but the home demand for
ores keeps the market for the moment
steady. Reports of an influx of orders
caused a rise in Harpeners and
B0chumers yesterday of two points.
The final quotations include the follow
ing: Prussian As, 1880; Dutsche
bank, 154; Mexican skies, $40; roubles,
2l0.75; bochumer, 1871; harpener, I79;
short exchange on London, 2O.3S: long
exchange on London, 1925; private dis
count. 22s. Several failures have oc
cured on the produce exchange owing
to disastrous speculations. Denuncia-
TONS sent to the government protesting
against the ring in wheat and rye, fore
ing prices TO fictitious height have
caused the government to open an
official inquiry into the matter.
FRANKFORT. April 19-The boerse
was quiet during the week past and
business was dull. The closing prices
of yesterday include: Hungarian gold
rente, 90; Italian fives, 90; Russian
tours. 99.4O; Spanish tours, 1850; short
exchange on London, 2O3S; private dis
count, %.
Crop reports from Hungary say that
the phylloXera is devastating vineyards
tnere. Inc price of Hungarian has
risen one-third within year.
Reports from the United States con-
sulate in Vienna for the quarter ended
March 81 show decrease in Austro-
Hungarian exports to the United States
of SOL, 254 as compared with the same
period in 1890.