St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-03-09

sent sent to the provinces as railway dividends.
The gold demand for the continent ceased,
with no prospect of dearer money and
growing scarcity of bills. Dis
2l2 for three months and , for
short On the stock exchange the
| tone was heavy. The air continues full of
rumors that the positions of certain financial
houses are critical The signing of the Ar
| gentine funding scheme Thursday impaired
10 the market temporary tirmness, which aft
! erWards passed away. owing to the bad adj
wees OF the political and commercial situa-
atlon IN BuenoS Ayres. Arrangements are
now concluded by which the large firm in
| volved i'll South America has obtained as
slstance to tide over its troubles; and, if
the coming stock exchange settle
ment passes without q crisis. the
existing strain will be relieved. The silver
market yesterday was a shade firmer Rupee
paper rose lac. Among the foreign secur-
ltles. Argentine national bonds, despite the
signing OF the funding scheme, have dropped
| 2l2c On the week, while Chilians have de-
cllned 4l4c. In the department of British
| railway securities, those of Scotch lines
were extremely depressed. Caledonian
dropped 4S4c on the week, and North British
| lS4c. These falls were due to bad div-
| dends, caused by the recent strikes
| The other British railway securities
| show an average fall for the week of a. In
American railway securities, values steadily
| dWlndle i'll response to the downward move
| ment Ill New York, the depression here be-
| ing further assisted by heavy sales, owing to
| The rumOred failure Of a prominent Liver
| pool broker Variations for the week in
| prices of American railway securities include
| the following: Decreases, Denver q Rio
Grande preferences. 3l2; Mexican Central
| bonds, 3; Louisville & Nashville, 2l2
d Ohio first mortgage and Next
can Central lists 2 each; Norfolk L. West
ern preferred, "a; New York. Ontario g.
| Western, n; Erie preferred. Ohio L. Mis-
SlDDl preferred Wabash nrnfprrpd NOrfOlL-
| d Western ordinary, and United New Jersey
each; Central Pacific shares. p each; Erie
2ds ~ Illinois Central, s.; st. Paul com
mon, 3; New York Central, 1l2; nRead-
ing, IA. Increases-Sault Ste Marie gold
| bonds, =; Norfolk d. Western do /; Northern
Pacific. Ohio Mississippi ordinary and Penn
| SylVanla, " each. Canadian Paciticsecurities
| were weak. Grand Trunk first and sec nd
preferences have declined each on the
week; Grand Trunk third preferences 2, and
| Grand Trunk guaranteed stock 1l2. Securi-
ties of the Mexican railway were heavily
sold and suffered relapse, frsts and sec
onds falling 5l2 each and ordinary Alp.
! Brewery securities were fiat. Guinness lost
! anG Allsopps5 .. Dizziness ruled in bank,
trust and mine securities. There was de-
mand for commercial cables sharp, which
advanced ia. Anglo-American cable adj
vanced p. Bell Asbestos rose A. Nj
trate shares fell l.. The issues
Waukee and Chicago breweries and the Idaho
| Delamar Mining trust. Alarmist rumors APP
pear to have been cabled to New York about
| the death of Mr.. Antrobus. The evidence of
! the manager of Docout bank at yesterdays
| inquest was clear up on the financial pros
perlty OF the deceased. The Bank of Eng
| land directors support Mr.. Goschen's pound
| notessue scheme on condition that the Bank
| OF England have the monopoly of the issue
| in which event the bank will appoint coun-
| try banks as its agents to circulate the notes,
| taking from the banks deposits consOls as
| security. Mr. Goschen favors the proposal
&C HING tn To a fnr IL,
| besides increasing the bank bullion reserves
PARIS, March S.-During the past week the
| bourse Was unsettled. closing weak yesterday
on adverse news from Buenos Ayres. Late
| cables however, reporting the financial
! panic over strengthened prices on the petite
| board. The weeks increases includes the
following: Three per cent rentes, 10 CEN
times; credit foncier, Alp francs; Bank of
| francs and Panama Canal ga francs. The
| compton rational is floating the Portuguese
| loan of $50, 100000, and nomiually has the
| Darmstadter bank and the Mendelssons as
| participants
! BERLIN, March Son the boerse during
! Inc week business was quiet. Foreign Sc
! curities were weak. Argentine loan dropped
| ll2 per cent yesterday. Mining and indus
! trial securities were generally weak, owing to
| the prospects of labor troubles The final
| quotations include the following: Prussian
! tours, 1880; Mexican skies 91.75; Deutsche
! bank. 1850; Bochumers, 1874; Harpeners, 1873;
| Roubles. 23S20; short exchange on London.
20.37; long do, 1925; private discount,284 The
| official details of the issue of the new three
per cents show that the imperial line was
subscribed for forty-six times over, and the
| Prussian loan twenty-nine and half times
| over. The subscriptions offered through
| Berlin bankers alone covered the loans
| tWenty-fCld.
FRANKFORT, March, s.-Business on the
boerse during the past week was duh. For
| eign securities lost an average of 70 per cent
yesterday. The final quotations include:
Italian fives "a 80; Spanish tours 1880; Aus
| TRAN credit 272; Austrian silver rente 71.40;
short exchange Oh London 20.3s: private dis
| Count o7a