St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-12-05
FOREIGN FINANCES.
Condition Of Honey at the Gem
terS Of Europe.

LONDON Dec 4-The last discount quota
tons yesterday were for three months and
lI2 for short. Rates were firm at the begin
ming of the week, but afterwards relapsed
largely owing to banks repaying some loans
to the market. MIR. de Rothschild's presen
tation in the monetary conference of his
scheme to enable Russia and Austria TO COM
plete their gold purchases without disturbing
the market was understood TO IMPLY that
great deal more gold is expected TO go to
ST. Petersburg, but it is beileved here that
such supplies will not be Withdrawn from
London yet while.
Business OH the stock exchange was fairly.
active. The leading feature was heavy
drop in South American securities OH tee-
gram from Buenos Ayres saying that the
financial minister's statement to the presl-
dent foreshadowed forethought OF the ma
ton Aree tina fell 3l2, Brazilian 1l2. Uru-
quay one int Reports in regard to the
trustees ilr.ustrial and investment corpora
ton depressed The market generally at the
end of the week. 1t Is rumored
that several lawsuits are impending
against the corporation. British colo
NAL and Indian funds were slightly higher.
In European stocks little business was trans
acted Venezuelan declined five points on
announcement that the next coupon is not
likely to be met. English railways had good
tone and advanced slightly. Brightons fluc-
tuated severely, falling to 1-46, and closing
within an advance of "a at 14el2. The I'M
usual efflux of gold from America had de-
pressing effect on American railways. but
there was a partial recovery on the death of
Jaw Gould The weeks variations include
an increase in Louisville d Nashville OF
Up and the following decreases; New YORK.
PENNSYLVANIA d Ohio, 8: Wabash mortgage,
Missouri Kansas u Texas and La Ike Shore.
each; Atchison mortgage, Northern PacInc
preferred and Ohio d Mississippi. "a each;
Atchison shares, Norfolk u Western pre-
ferred. Union Pacific, ~ each. Grand Trunks
were in better favor; fist and second prefer
ence closed 3 higher, and the guaranteed
higher. Argentine railway shows an all
round decline, Buenos Ayres Southern clos
ing points lower. Rosario points lower
and Central points lower.
PARIS, Dec. 4.-Prices on the bourse last
week opened slow, but steadily declined,
owing to the ministerial crisis. me tone was
rather better yesterday. Rentes withstood
the prevailing depression better than was eX-
pected Investors still hold aloof, the maj or-
ity of the transactions being merely gam
bling operations between boursiers. Men
competent to judge are of the opinion that
continuance of the recent violent changes of
government will have serious effect upon
the trade of France, which has not been i'll
fourishing cond ton for long time. and is
now almost at standsull. Unless the out
look improves soon, failures in many
quarters are inevitable. International funds
showed q slight upward movement during
the week. Credit Final closed 26A lower
owing to criticisms in the chamber shaking
the confidence of shareholders. Suez Canal
was slightly higher. Rio Tinto closed at 40
Railways show an average decline of 10
francs.
BERLIN, Dec. 4.-Prices OF the bourse dur
ing the past week were firm, and especially
in the case of foreign securities, and the
movements were only fractional. Iron and
coal shares were dull. The final quotations
include; Prussian As, 107; Austrian credit,
167 rs; Deutsch bank, 1880; even discount
23Ss.
FRANK oRT, Dec. 4.-Prices on the bourse
were steady during the past week. Hunga-
rian gold rente closed at 90; Austrian credit
at 267 and Austrian gold rentel at 9S.