St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-01-30
ON THE BOURSES.
Condition of the Money Markets
at the GenterS Of Europe.

LONDON, Jan. 29.-Discount was in
fair demand during the past week at L
for three months and II for short. Gold
continues to be in strong demand in the
open market for Paris and Vienna, but
the Bank of England's stock has
not been touched materially. Ship,
ments from New York and South
Africa are increasing, while there is no
symptom of a coming scramble for the
metal. The silver market has been.
steady, although numerous remittances,
have been made to the East and East
ern banks are taking India council bills
largely. The price has been kept FIRM
by the small amount of metal Offering
i'm the market. The stock exchanged
during the week was moderately active,
prices generally tending upward.
The business done was chiefly in
high-clasS investment securities, the
values OF which are steadily rising,
partly under the influence of cheap
money. The weeks advance in cOnSols
was 3-16. Egyptian securities were der
pressed early i'll the week, but after.i
ward recovered. Unified bonds yester-
day closed 4 lower, and preference ~
lower for the week. MeXicans gained
IL. Argentlnes advanced a Ona
the report that Minister Romero
would resign the finance port
folio. In English railways there
was general rise, averaging 81 to 2,
which was assisted by satisfactory divi-
dend announcements. American rail-
way securities were fairly active, buying
being steady on both home and foreign
account. The continued shipment.
of gold from New York checks a
rapid advance, but the main factors
influencing the department. being
favorable. disposition is shown heretO
hold securities, and there is no sign OF
London unloading on New York, or of
New York unloading on London. Va
riatiOnS for the week in prices of Amer
lean railway securities include the fol-
lowing: lncreases-OhiO 81 Mississippi
and Louisville 81 Nashville, each; Nor
folk Il Western and Union Pacific, "a
each; Wabash debenture and Erie. "a
each: Central Pacific and Missouri;
Kansas q Texas, 4 each.
DecreaSeS-AtchiSOnS shares and Dem
yer q Rio Grande preferred 1 each;t
Northern Pacaific and Denver IL Rio
Grande common p each.
Canadians were quiet. Grand Trunk
first preference declined 2. There was a
good inquiry for Mexican railway;
frsts advanced III and seconds and
ordinary !. Among miscellaneous Sc
Bank of Egypt and London and County
bank gained q.
PARIS. Jan. 29-Prices on the bOurse
during the week were steady, tending
to firmneSs. Three per cent rentes adj
vanced % confines. Credit Foncier
dropped IL francs and Rio Unto IL
francs. Yesterday foreigners clOSedi
firm. Spanish bonds being e higher
and Italian and hungarian Il higher on
that day.
BEhLIN, Jan. 29-Prices on the bOerse
during the past week were firm. The
settlement made easy progress, money!
being abundant. International Secur-
tiles especially were well supported
The final quotations include the follow
ing: Prussan fourS, l07.50 Mexican
skies, S1.20: Deutsche bank, 1890;
Bochumer, us; Harpener, 1874; roubleS,
20S 10; short exchange on London, 2O.3S;
long exchange on London, 20.31; priyate
discount, ~.
The DiSconto Gesellschaft and Baron
Bleichroder will receive subscriptions
for the new Hungarian gold loan. The
result will not be known until Feb. n
when the operation will be completed
FRANKFORT. Jan. 29.-On the bOerse
during the past week business was quiet
and prices were firm. The final quotav
lions include the following: Hungarian
gold rente, 96.25; Italian, 9l.50: Portu-
gueSe, 90; Russian, 9S.40; short eX-
change on London, 20.37; private dis
count, ~.