St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-19
FOREIGN MARKETS.
Condition of the Finances at
Continental Cemters.

LONDON. Jan. 1S.-Money was abun-
dant during the past week, and there was
no demand for discount. The discount
rates were quoted at Ia for six months.
and u for cash. There was a general
eXpectance that the bank rate would be
reduced Thursday. Numerous divi-
dendS have been announced during
the week. Among the English railways
the following dividends have been de-
clartd: Brighton, go per cent; Metro
politan. 3, Great Eastern, a; Southeast
ern. 81. Among the banks, LlOyd'S
declares a dividend Of 1715 per cent and
the National a dividend of 81 per cent.
On the stock exchange the expansion OF
business continues, and in most depart
mentS there has been sharp upward
movement, with a healthy amount OF
investments, especially in tirst-class Sc
curtieS. In British funds 212 per
cents have risen for the week
~ per cent, while colonial govern
ment issues show an average advance
of =. Rupee paper lost % owing to
the uneasy feeling produced by reports
of the prospects Of free coinage in
America. In foreign securities Argen-
tine national and provincial loans lost
heavily in consequence of the reported
disorders in that republic. Entire Rios
dropped 10 and national securities 10.
British railways were even stronger.
Even the lines in Scotland, where the
railway hands are on strike, showed an
advance, Caledonian going up 1ss, and
North British 81. American railway Sc
curities steadily tended upward until
Thursday, when there was reaction
which modified the advance attained,
leaving yesterday increases for the
week as follows: Mexican Central pri-
Ority bonds. 2; Mexican Central tirSts,
u; Erie preferred, Northern Pacific,
Denver Il Rio Grande mortgage, Nor
folk Il Western Improvement, and Bal
timore & Ohio, each; Wabash. Ohio &
Mississippi ordinary and Mexican Cen
trial common. q; Erie seconds, 4; Hi
nois Central, 3; Pennsylvania, Is. At
the close Yesterday the following de-
creaseS for the week were shown:
Union Pacific shares, 10; Louisville
& Nashville and Norfolk q Western
preferred l each; New York, Pennsyl-
Vania IL Ohio first mortgage, "a; Cen
tral Pacific and Denver Il Rio Grande
preferred, l each. Canadian railway
securities were strong. Canadian Pa
citic shows an advance for the week of
136, while Grand Trunk firsts have
risen; do seconds 80, and do guar
anteed stock 3. The securities
of The Mexican railway were il
regular, and closed yesterday at
the lowest prices of the week. ordinary
showing fall for the week Of 80, Eds a
fall of and lists fall of 1. Brewery
securities are firm. Guinness shows an
advance on the week of ~ and Frank
Jones an advance OF II. Among the
gore up ID and Hammond u Co. IL,
while Bells Asbestos shares have
dropped % and PRIMITIVE Nitrates d.
PARIS. Jan. 1S.-On the bourse dur
ing the week prices were firm, and the
market showed an upward tendency.
Three per cent renteS have risen 81
confines. Rio Tintos advanced 81
francs, and Panama canal shares 1Lf.
Credit Feneier dropped 21f. The
new loan is quoted at 135 premium.
BERLIN, Jan. IS.-Quotations on the
boerse were irregular during the week.
The market was rather dull. Bank
shares were fairly supported. Iron
shares were weak on account of the
strike in the Laura mine. Closing prices
for the week include the following:
Prussian consols, 106.10: Deutsche
bank. 163. rs: Mexican skies. $3.50;
roubles. 236.60; Laura mine, 139; Boch-
umers, 147: short exchange on London,
20.334; long exchange, 20.22A; private
discount, 2T.
FRANKFORT, Jan. ls.-Business was
limited on the bOerse during the past
week, but the market showed a favor
able tone. Closing prices were as fol-
lows: Italian fives $3.50, Russian fours
1926, Spanish fours 1925, Austrian
credit 273, Austrian silver reutes 70. go.
short exchange on London 2034, Pri-
vate discount 81.