St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-02-13
ON HE BOURSES.
Condition OF Money at tIae Cen-
feIS of EuPOne.

LONDON, Feb. ~. - Discount rates
were easy during the past week at Il
for three months and l for short. Gold
continues to be in strong demand in the
market, all arrivals being bought fo1
Austria. 1t is regarded as possible,
though distant eventuslity, that ship
mentS may be made to America should
Mr.. Cleveland, OH assuming the preSf-
denCy, decide to repleDish the stock Of
gold in the treasury by issuing bonds4
The silver market was quiet during the
week. though the tone was steady. Tha
demand was practically confined to
India, the inquiry from that quarter be-
ing sufficient to absorb the moderate
amounts offering. On the stock
exchange speculation was dormant.
The influence of the continued cheap
ness of money is seen in a strong de-
mand for all safe stocks. COnsuls
changed hands at $685.. the highest rate
recorded since Mr.. Goschen'S scheme
was completed. Second and third class
securities also moved up. The weeks
advance in cOnsuls was &c. In the
market for foreign securities there was
general rise. Brazilian securities and
Argentine funding load advanced SC;
Argentine loan of 1856 rose 194c and
Cedulas &c. Egyptian tribute and
Ottoman defensed, 115c, while Egyptian
unified and preference rose &c. Rus
slams advanced &c. English railways,
though some were irregular, were on thu
whole, steady, Southwestern gained 4.
American railway certificates were very
unsteady owing to rumOrs of a general
strike. The continental shipments OF
gold also conduced to weakness. Thu
resolve OF the associated banks to SUP
ply the treasury with gold led to soma
recovery, yet the weeks transactiopD
show general decline. Union Pacific
fell 215c, Lake Shore 2, Illinois Centra1
and Norfolk u Western nc, Louisvill3
e Nashville and Ohio IL Mississ
sippi 114c, Erie &c, Denver "
Rio Grande preferred and Central
Pacific &c, Atchison, Denver %
Rio Grande common and Missouri
Kansas IL Texas 4, Wabash debenE,
ures gained a, Wabash preferred III
Northern Pacific Il. Canadians were
depressed early in the week, but im-
proved later Canadian Pacific gained
=, Grand Trunk first and third pref
erences q, and Grand Trunk second
preferred 4. The securities of the Mex.
lean railway were quiet; firsts closed "a
higher, and seconds 4 higher. Among
the miscellaneous securities, AllsOpp
the improved dividend, ordinary clos
ing 219 higher, preference 4 higher and
debenture s higher. Diamond shares
continued strong.
BERLIN, Feb. 12.-Business on the
bourse has been fairly active, and prices
have been buoyant during the past
week. Mining stocks, government bonds
and bank shares have been strong. Tha
final quotations include: Prussian pea
cent, 1880; Mexican skies. $3.50,
Deutsche Bank. 1920; BOchumer, 1871
Harpener, 1874; Roubles, 2l4; short eX.
change on London, 2O4113; long eX-
change on London, 20.354; private dis
count. II per cent.
FRANKFORT, Feb. 12.-During the
last week prices on the bOurse havs
been fairly firm. The final quotations
inclnde: Hungarian gold rente, $500;
Italian fves, $3.50; Portuguese, AZ.
1850; Prussian fours, 9S.75; short eY-
change on London, 20.42; private dis
count, rs.
PARIS, Feb. 12.--Buslness on the
bourse during the past week has beer
restricted. Three per cent rentes havo
advanced 20 centimes, and Credit FOn-
cier 80 francs. Rio tintos have dropped
81 francs. The other changes are un-
imDOrtant