The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-12-05
New York Marx eta

NEW YORK Dec. 4.-Speculation on the stock
Exchange to-day was irregular a small volume
Of business, aud the net changes on the day are,
except In very few instances, confined within
fractional limits. London 2 heavy seller of
st. Paul, and in a lesser degree of some other OF
the International stocks The West sold st. Paul
and Northwest on contin ued decreased earnings.
o n the other hand Chicago Gas was in good de-
mand, the buying credited to an inside pool. An
attempt was made TO depress the stock on a re-
port hat the next dividend would lie scaled, but
without appreciate effect. The talk OF gold ship
m ents had perhaps slight influence on the bear
side OF the market, but no fr7rs are expressed of
any great decline OF the yeld " metal, the demand
Tor remittances to Europe beng rather limited.
and the only existing reason for gold shipments
being as substitute for bills of exchange.
sugar WAS the center OF the speculative interest
ana huctuated within q range OF I5s per cent
Tn stock declined IS in the early dealings on
liz uidations induced by fear of unfavorabIe con-
Rressional action. but the downward tendency
was quickly checked by the Inauguration OF .
purchases for the sugar clique and an advance OF
zoe per cent, the closing sale being at 1s or the
highest. The gain ON the day is 70. The general
market opened weak, with the bears hammering
the grangers, causing this group 10 givewav and
the other shares dealt tn 10 recedc IN sympathy
With Chicago Gas, which WAS in good buying de-
mand aud moved upward.
The rest OF the market soon recovered its tone
an prices rallied, with the grangers leading Be-
fore II O'Clock the tide had turned. but between
that hour and noon the main ten dency was toward
on until a renewal of the buying in Chicago Gas
caused rally in that stock which helped the
other actVe shares to recover slightly. and the
market closed strong. The more important
changes are: Advances of 21s in Chicago Gas;
lHs In Sugar. and "a IN Pacific Mail and Canadian
racine, and the declines are ! ~ in Minneapolis
ana ~ ouis; IA in Tobacco: rs In st PAUL
S W - IN sreen Bay ana Winona and Rome
Natertown ogdensburg, and 6S in Northwest
and Southern Pacific Rock Island IS I'D Ia and
burlington ~ per cent.
outstanding short interests are said to be very
urge ana TINS fact is to be taken into account,
considering the immediate course OF the market
The bond market was firm during the day ON a
aaLT amount OF business the total OF which was
SoS',VoU There was no pronounced activity In
steady. Railroad bonds firm Petroleum-Penn-
savanna oil sales. none; January option sales
uone' closed at SSc bid. Lima oil sales, none.
GRAIN AND MERCHANDISE.
wheat-December, 6OIAc
Flour-Steauy
Hops-pulI; state common to choice. old 7c
new e@6la. 80
Mool-Qulet.
Beef-Duli; cut meats quiet; picked bellies
SIC g1eeK picked shoulders, 5$s@514c; picked
Orange, maT1es easy; fancy bcx. 81 s7@a:
Pigiron-DulI.
Tin-Easy: straits. s13 55@I3 e5: plates dun.
Spelter-Quet; domestic. 81 80 70.
,Lead.steady: brokers' price, SO; Exchange
Copper steady; brokers' prsce, $3.50; Ex.
chanFe. $91a: no sales.
CoFFEE-optIons opened barely steady az un.
changed price, advanced slightly On local cover
ing turned weak under foreign pressure closed
steady at unchanged TO IS points net decline.
ses S7o s s1 5ss ss s1s s6@
Is As: March, $3.50 05: May. sI2 5G@l2 IS:
July. $l2 80; ptember. $l2 40t912 so, and
October, $l2 4Og12 so.
santos - Firm; good average Santos, l2sloo
Receipts. two days, $4,000 bags stock. 1856 200
Hambure-steady; prices 1s@l pig advance.
Hayre"opened irregular: unchanged to II ad-
vance. at IL NJ, irregular, 4f decline to 1af adj