St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-10-31
EOisElG.. FINANCES.
COHssit. On Of Money at the Va
rso.ss a1tlrOis, iR CentcrS.

LONDON. OCT. ..v.-narly i'll the past week
discount e-an 10 droop and brokers ap-
pcaleu little disposed 20 support the bank OF
ruglaIu, Uur the feeling changed on Friday,
whe. The IjauX of Eisiand, after the with
uraWai OF hearty &sJ ~ commenced Dor
rowing Ill the murAet 1t Is now probable
,ndI the I5alA OF England Will advance It's
rate 10 per cent by Thursday next, espec-
laiIy i'll view or The advanced rate of the
.,unh OF Germany which throws all increased
demand on LuIuJn, while the Outflow 10
l.N Is liAely 10 contIn'Ie, and the Scotch
uen.aads must soon lie met.
On Inc STOCK exchange business was re-
stilcled. owing TO the monthly settlement;
uut, Ill spite uf The OUTLOOK, money showed
all upward tendency. British funds were
euSIer. Colonial and british stocks were
stronger, the Improvement IN the latter being
uue " me success of the Norwich loan Oh
-, u, the subscriptions for which were
snlncienl To cover the loan ten times. This
t-ct SHOWS that there is plenty of money
awaiting sound investment Indian rupee
Issues closed IL lower Ill sympathy with the
ue, line in silver. Foreign government BE-
curldes we're irregular. South American
issues were again supported. Argentlnes
generally were ll2 higher Oh The re-
ductiun of The gold premium, and
in exchange. European securities were de-
pressed, owing TO the weakness Oh continental
bourses Russlans were l point lower.
kDsllsh railways opened strong, but alter
Nuiu Decdlue udl, OWING tLS nCt MCuthCi.
There was all average tall OF l point, the
chief decline being i'll Brighton railway,
which dropped ga owing to sales by bulls
tired of waiting Tor rise.
In American railway securities good bus
mess was transacted at the beginning of the
week; afterW ards The zone became hat IN
sympathy with the market i'll New YORK.
Dut there WAS Il slight squirt at the nj OF the
week, leaving prices with fractional ad-
vance Variations for The week include in
i,,I - np Nnrf nrf-
1erred and Missouri, Kansas q Texas OF Y
eacn, aud decreases in Wabash preferred OF
i, and III Central Pacific OF l2.
Grand Trunk of Canada first and second
preferences declined s4c each for the week.
Argentine railways were i'll better favor;
Buenos Ayres aud Rosario gained points
and Central Argentine point In the
mining market prices were very firm, es-
pecially those OF Diamond mine shares. In
when the advance averages l42. brewery
shares were bought i'll large amounts, GUM
ness Closing higher and Allsopp higher.
Anglo Amer. can telegraph advanced B.
FRANKFORT, OCT. 3U.-buslnesS was dull
OH the boerse during the week past. Russian
bonds closed 1i2 lower. The final quotations
include: hungarian gold rente, Oh ID; Aus
TITAN gold rente y1.4J; short exchange on
London, 2U.33
PARIS. Ocl. 3J.-The bourse was depressed
during the past week, and there was an alb
seuce of business, parity due TO runlors Of
coming cabinet crisis over the next budget
discussion. and partly to doubts III regard 10
the ratification OF the Franco-SwlsS CONNER
cal treaty. The deficit i'll the Russian budget,
and the expectation of Il further advance Ill
the London bank rate also Influenced The
market. Ali international funds ranged
lower. Russians were the chief sufferers,
with a decline Of 1A. Bauk of France
shares, i'll spite of the attacks on the institu-
ton, closed ~ francs higher. Suez canal
shares continued to fall, closing 70 francs
lower. Rio Tintos recovered 1l2 francs.
BERLIN, Oct 3U.-On the boerse during the
past week business was dull. German funds
dropped, owing 10 The advance of the i'm
peritI bank rate 10 per cent. Prussian A
clusei at IvG7t. International stocks shared
III the decline. Russians chiefly were affect
ed, owing 10 the withdrawal OF Russian gold
from the Bank OF England. The loan of 1889
and Oriental loan closed points lower and
rouDles points lover. Austrian credit
closed yesterday at iL4.5t, an0 Deutsche bank
at Ioo. 10. irUn snares were greatly depressed
ut The end OF the week. bochumers closed
Saturday at llo and Harpeners at 1873. Short
exchange On London closed at 2U.35, and long
exchange at 2J.@412.