St. Paul daily globe., 1892-02-15
FOREIGN FINANCES.
Condition OF the Markets Across
the Atlantic.

LONDON. Feb. 14.-During the week past
there was good demand for discount, which
was firm at for three months and a. for
short The stock exchange loan rates of dis
count was 1s4. Bussia and Austria contin-
ued Obuy gold. but the decline was mOder-
ate aud did not affect the situation. A re-
port that f500, 600 was coming from New York
assisted to ease the market. Silver was nota-
bly, depressed. The news of increased rates
from New York caused q relapse to the pre-
vious lowest figure, with small chances of
revival. The stagnation OF business in India
and the cessation of continental demand for
silver will assist to maintain this depression,
and without there is some favorable develop
ment in the United States or sharp revival
in the cotton trade it will be difficult to raise
the value from the present level. Rupee
paper, i'll sympathy with silver, fell 7s. The
chief interest Ill the stock exchange during
the week centured in American railways ana
coal stocks. Reading was in the lead. with
Erie and New York, Ontario Il Western
the favorites. Dealers expect further rise
early in the coming week, especially as the
scarce. Outside of coal stocks specula-
ton was limited The weeks varia-
tions in prices include the following.
increases. Erie ga. New York, Ontario &
1s4 Louisville & Nashville 1la. Northern Pa
cific 1, Mexican Central, Norfolk & Western
preferred, Union Pacific and Atchson 12
each. Decreases-Denver d Rio Grande
preferred 1l2; Wabash preferred, Lake
Shore, Missouri, Kansas & Texas and Ohio
and Mississippi l12 each Canadian railway
securities were quiet. Grand Trunk first and
second preferred both rose "a. The securities
of the Mexican railway were weak. Firsts
declined IA on the week. The feature in the
department of foreign government securities
was the decline in Greek bonds. which fell
ga on the strength of q report from Athens
that the treasury was on the verge OF bank
1nptcy The Morgans will issuetS7, ,000, 600 gold
Of ,ol lpoil
PARIS, Feb 14.-The bour Sc Was quiet dur
ing the past week which had a dull ending
1t is now propose. d that the French, English
and German bondholders appoint oom-
miltee for concerted action in Lisbon.
BERLIN, Feb 14.-Business on the boerse
was dull during the week. especially in the
department of the foreign government securi-
ties. Bank shares were firmer, but industrial
closing quotations include: Prussian
Is, so: Mexican 6s S1.80; Deutsch
bank, 160.50; Bochumer, Ill; Har-
penefs, 137; short exchange on London.
20.3G long exchange on London, 20.31; pri-
vate discount, 1I2. The Jones failure in Mem
phis besides involving certain Bremen firms
affected houses in Teleschen. Large drafts
on fictitious cotton cargOes have been dis
honored. The Reichsbank has received from
America by way of Bremen several consign-
ments of gold eagles in excess of the bullion
legally required as security for the Relchs-
banks note issue, which aggregates 10000, 600
marks.
FRANKFORT. Feb. 1.-THE boerse was quiet
during the week past. TOday's unofficial
closing quotations include: Hungarian gold
rentes $3.50; Italian fves, 90.2J; Portuguese
bonds, 1910; Spanish fours. 600; Russian
fours. 92.75 Austrian credit 260: short ex-
change on London, 2040; private dis
count, ia.
Jackson /. Case has entered Jay-Eye-
See, trotting record 2:10, in pacing races
at several places. The black gelding is
nnru fnn rtann unarc old