The morning call., 1894-07-08
New York Markets.

NEW YORK, July THE week closes on the
Stock Exchange with heavy tone TO the specuia-
ton. solely as a result of the continuance and
threatening character of the railway strike. 1t
not until today that Wall street took serious
alarm at the condition of affairs In the Western
railway world. 1t has come to this-that the infu-
OF the strikers is all absorbing in the stock
market. The immediate future OF specula-
ative values depends almost entirely upon the
of the railway workers, and it is not alone
share values that are aft cted; the sterling ex-
change market developed hardening tendency
to- day by reason OF growth OF the belief that II
the situation does not improve American securi-
ties Will be returned Dy foreign holders in such
amounts as to cause heavy comm nd for sterling
pIiIs, "nicu "oulu consequently demand higher
rates. The entire financial horizon is therefore
clouded and no week of this year has osed with
less Of light to see into the near future OF the
stock market than does this one.
he course OF values to-day for these reasons
alone was downward, prices with scarcely an ex-
ception declining steadily from the open ing to
the close of business. The selling was largely on
long stock, which the holders did not care to
carry over Sunday. There were some sales for
the short account but In small amounts, the bears
realizing that should there be a settlem mt of the
labor difficulties the effect wou.d result In a
sharp advance In the market.
Pullman was the heaviest sufferer OF the entire
list, declining per cent. lead preferred fell off
ferred, IA; southwestern and Sugar each l, and
the rest OF the list 1s91s per cent The tone of
speculation at the close was decidedly heavy and
the market closed with downward tendency in
prices.
The railway and miscellaneous bond market
was very dull and went in sympathy with the
share speculation. Government bonds steady
State bonds inactive. Petroleum steady PENN
syIvania oil salesgnone August option sal es none
closed "a bid. Lima oil sales none.
GRAIN AERCHASDIsg
wneat--July, 5914c.
Fiour-Steady.
Hops-Dull: state common to choice, &c to lac:
Pacific Coast, 10@14c
Copper-Steady: Lake, SC.
Lead-Steady: domestic, SO 10.
1in-Nominal market quiet
Spelter-Nominal.
Cofee-Options opened barely steady at 10 to / 8
points decline; ruled generally weak under local
selling and ouly Baltimore parties buyi ing; closed
barely steady at 10 20 20 points dec SAFES
S14 7O0l4 rs; September, $l4@.+ 05; October,
al3 50.
spot Coffee-Rio dull; No. Z. 1910; mild.
dull; Cordova 1910.
receipts, 1000 bags; stock. 100000 bags.
ambtrg-Barely steady; Prices unchanged to
81 pig lower; sales, sU00 bags.
Havre-opened barely steady: opened A@@f
lower closed quiet at "a net decline; shipment
Brazil coffee New YORK. 1000 bags; total sales
Rio-Quiet: No. 7 Bio, 15$350: Exchange 9-16
receipts, 900 bags! cleared for the ., 1000;
cleared for Europe, 5000: stock, 10000.
Warehouse deliveries from New York yester day,
5000; sew YORK stock to-day, l14,000; U. ).
stock 1881 600: afiuau for U. s.. 163,000: total
visible for the u. s.. $4,000 against Al 200 last
Sugar-Raw, steady to firm; fair refining
2ll-l6; centrifugal SO test, 31s: refined. quiet;
Noe 9-leG334c: NO. z. 319@D3 ll-16c: NO. 8
8 7-I6@35sc: 10. 9, $3.50: No. 10, 3hsc; No IL
384@4c mold A. 4 6-l6@419t; standard A, 41sc
confectioners' A. 3 ID -io@41Bc; cutloaf, l-l6c
crushed, 4Ts@5 l-16c; powdered. 5-ll @41ac
granuiated, Il-lt@4lAc; cubes. a D. o-lo@AAac.