St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-21

the bank rate is therefore within prospect
The New South Wales loan of 6 1, 500, coo was
issued on Thursday. Over G4000,000 was
taken at % and q syndicate afterWard took
up the balance The qualified success of the
loan Will discourage colonial issues The
stock exchange is now doing splendid
business. the transactions of the past week
being the largest reported for some time
past. AS usual. the energy of the American
department vitaiized the other departments,
making affairs lively throughout the
house. CIoakers about q reaction
after the recent rapid advance were
disappointed. The markets generally
VIII require some time to adjust themselves to
the new level of values, but during the pres
ent period of advance every sign of q relapse
has been met by fresh buying. which has sus-
tanned the boom.
The animation in American railway Sc
curltles has shown 10 symptom of lessening.
the volume OF dealings during the week was
immense on both home and New York or
ders Prices opened rather lower yesterday,
but active buying was resumed when the
amount OF gold going TO New York became
known. 1t is reasoned that the flow of gold
TO the United States in payment of wheat i'm
ports will heighteE the tendency to specula-
ton and otherwise give an impetus to Wall
street dealings.
This weeks variations IN prices of Ameri-
can railway securities include the following
increases: Wabash preferred and Denver &
Rio Grande preferred IA each; Atchison. 4 !;
Denver u Rio Grande common, New York,
Ontario & Western, Lake Shore, Louisville d
Nashville, Northern Pacific preferred and
New York, Pennsylvania 4 Ohio first mort
gage, 2s4 each; Ohio d Mississippi and Wa
bash debentures, 2l2 each; Central Pacific
shares, 2; Norfolk & Western preferred, 1S4 :;
Union Pacific shares, / Mexican Central, " !;
nois Central, 1l2; st. Paul common, 3s4 !;
Reading 3H. Canadian railway securities
were firm; Grand Trunk1sts preferred rose
Z per cent on the week, and Grand Trunk
ooh nil itch roll
way securities tiuctuated; Brightons declined
3 per cent on the week. and Southeastern
PA, while Chathams advanced g.. Among
the miscellaneous securities the feature was
the rise i'll cable shares. Anglo-American adj
yancing 1l3 and Commercial 9I2; Allsopps
dropped 2 per cent on the week. Bells As
bestos So, and Rio Tintos and PRIMITIVE nj
trates " each. Considerable business was
done IN mining shares, in which there was
general advance; South African shares
gained "a to 1I2.
PARIS, Sept. 20.-Since the Mitylene scar
at the beginning of the week prices on tn
bourse have been steady. Credit Foncier in
creased l a francs, while 3 per centrentes de
creased confines; Rio Tinto 3S4 francs and
Bank OF France 5A francs. The reported CO.
operation OF the Credit Foncier in the new
Russian loan is of doubtful authenticity. The
scheme TO make Paris sea-front by the con-
structlon OF ship canal has been killed by
an adverse report of the official commission.
BERLIN, Sept. 20.-Business on the boerse
was quiet during the week. Bank, mine and
industrial securities were weaker. The final
quotations include: Prussian, 104S0: Deuts-
che bank. 14450; Mexican skies. S7.10 Boch-
umer, III; Harpener, Isl; Roubles 215: short
exchange on London, 2030A; long exchange
on London, 20.2lA; private discount, 3Ss.
FRANKFoRT, Sept. 20.-On the boerse were
limited dealings, though the tendency was
good. The final quotations include: Italian,
$40; Portuguese, 81; Spanish, 71.30; Rus
sian $3.50: short exchange on London, 20.33;
private discount 37s.