The morning call., 1894-05-04
New York Markets.

NEW YORK May 3-The speculation on the
Stock Exchange WAS quite active, but the prevail
ing tone was weak ana dull, the depression being
largely due not to the gold movement, but to
the difficulties which beset the reorganization
committees in the leading railways in the
hands OF receivers St Paul and, sympa-
thetically the other grangers were heavy on
the large decrease IN the earnings OF ST. Paul.
Atchison was especially heavy the sale of
Is 600 shares, said TO be Tor estate which Is
being appOrtioned among the heirs. Reading
again weak the threatened foreclosure pro-
ceedings. The strength of sugar is due To the ex-
peetatIons that the Senate Finance Committee
would report the tariH bill with The sugar amend
meuts. General Electric sold by Boston in
liquidation of big block of stock held there Tor
some time. London was not IN the market, but
sold some lots of st. Paul and Louisville i'll the
early trading ana later bought Reading and Atchi-
son on ID decline. Some orders were figure be-
low the current quotations that were eGOled from
London before the opening buy ot. p aul, but
the stock did not touch the price named.
The market opened fracI on lower, and prices
declined In the early trading except for sugar
and Chicago Gas. The weakness was OF brief dura-
tiOu, and under the lead of Tobacco the general
list moved up ls9l per cent, however, 10 give
away quickly unoer q pressure TO sell. which was
not checked until IL oc ock. The market was
Steadied somewhat by purchases to cover short
contracts, aud after midday the tone OF specula-
ttOn became strong temporarily. Renewed sales
of AtchiSon and a pressure OF Northern Pacific
again broke the market. Prices for the remainder
o the day were mostly downward. Sugar was
notable exception, being strong in the final deal
ings and closing AT an advance OF Ia per cent on
the day.
The bond market was firm in the morning. but
weak in the afternoon. Government bonds firm.
State bonds inactive. Petroleum steady, Pennsyi-
vsnla oil. sales none May options, sales none;
closed Soc bid. Lima oil. sales none.
GRAIN AND MERCHANDISE
wheat-May. $685.
FIour-Steady.
HopS-Quiet; state, common 70 choice, S917c;
Pacific Coast, l2@lSc.
Pigiron-DuL
Copper-Weak.
Ie2d-Stroug.
Tin-Quiet; straits Sl9 so bid; plates dull
Speter-Steady domestic S3 471a; sales
'ch4nge. 50 tons June tin.
Coffee-Opttons unchanged to points decline,
was quiet and steady during the morning Tut
eased # later realizing sales and closed easy
att to 10 points dec me. Sa es 1850 bags incIud
ing: May, Sl6 so; June, $l5 80; July. Sl5 20;
61Sl4 O5. Spot cOfee-Rio duh; Ne 7. i6beo
aud. quiet; Cordova 19@l914c; sales 700 bags
Central American, private terms. Warehouse de-
hyerles AT New ork yesterday were 4945 bags:
y oTk stock to-day lS. 1875 bags; United States
stock -57 500 bags: ahoat for the United states
$4,000 bags: total visible for the United States
4a6.S9S bags, against last year 433,5o& bags.
Rio-HolGay. Santos and observation-disclosures.
Londoa-Market quiet; prices unchanged, Sd 70
Sd lower.
HEvre-No report
Sugsr-Raw, firm: sales. 2400 bags; centrifugal,
sc test Z 81 SC: 800 bags Muscovado SO test.
23sc: one cargo centri ugaL 96 test, TO New ork
spectators, Z1sc; and for ship!nent refined, firm
and active: No. 9-16@3$4c; No Z. 3 7-l6G
55sc; No 8, 3$s@3 9-10c: No. 9, 5-l69J 7-l6c.