The morning call., 1894-12-12
New York nIarkats

NEW YORK Dec. lO.-SpeculatIon on the Stock
Exchange to-day was dull and unfnteresting and
the volume OF business shows heavy loss from
tn at OF the past few days. The effect of the cir
eular issued by Drexel Morgan Co, to the Erie
bondholders was favorable to the STOCK inasmuch
SIS II disproved the truth OF the ruPlor that the
nrm had abandoned the reorganization altogether,
whereas IL merely proposed to Law IL aside tenn
porartly In the hope of better times. An advance
or 1 per cent was made In the stock. VIII ich was
maintained to the close. The Improvement was
materially aided by good buying for London
account.
The market opened generally firm and frac-
ton higher except for sugar and distilling which
lost 6s and IS per cent respectively, Sugar, how
ever although much less active than usua1
quickly rallied us raid on The stock quickly
brought about a reaction of l per cent. Most OF
the other shares dealt in were also weak. and the
tendency OF prices was downward until near
noon. After midday trading became quieter but
the tone OF the market frmer, closing In the
main at an advance on the final figures of yester-
day. Consolidated Gas and Erie advanced l.
General Electric IS, the Changers 1904 the lat
ter In 81. Paul ana Northwest. There were few
declines on the day. including Cotton OIL 25k, do
ptd /. and Denver and Rio Grnnde pfd SO.
Sugar huctuated within a limit OF "a per cent
Al the close the speculation was active and in
good tone
The dealings in the bond market during the
early session were generally at lower figures, but
after midday there was general rise in touch
with the improvement on the share speculation
The amount OF business transacted was fair, ag-
gregating 81. 5UO with pretty fair distribu
ton of the total Government bonds firm. State
bonds Gull. Railroad bonds trm.
Petroiem-Stroug Nc sales. Closed S9J5c bid
for July.
Total sales of stocks to-day were 1889
Lngton, $500; Chicago Gas, 27oO: DisttiH q
2soo; Erie ios1o; LaSsdo Gas $500; Louis,
New Jersey Central, 1000; Reading, $500; ST.
Paul. 300; Western Union. a4O0: Wheeling,
GRAIN AND MERCHANDISE
wheat-December, 6O1ac.
Flour-Steady.
Hops-Fasy.
NOOl-Oulet.
Ietroleum->o minaI: United closed ss1Sc.
TIn-suong; straits, sI4 1904 20; plates weak.
Spelter-Quiet: domestic, So 80
Lead-SteadJi brokers' prices. So 90: exchange
oOpperastrOug; brokers' price. SO l2 e1-
April so. S. O., one days notice, slS IS; so tons
december and 90 tons January exchanged even
at Sl4 10; 10 tons January, SI4 20.
Subscriptions closed quiet at l5@25 points net
decline. Sales. 1850 bags, including December,
s$ S. M sao1's sia s1s ts@13 60
II 60; September. e12 35@l2 40.
spot Cotfee.Rio quiet, nomlnal; No. z, 17a4c;
Jamaica aud 500 pkgs Maraca1bo D. l.
Santos-Quiet: good average Santos. l3ss0O:
bags. -'''OOO
II. Hsmeu re- prices. 14@% pig decline;
hayre-Closed irregular at 14f net decline.
Total sales, $1,000 bags
Rio-Firm; No. Rio. 5000. Exchange 1os1d
Receipts, two days, $500 bags; cleared for the
United States. 5000 bags; cleared for Europe.
none; stock, n, 900 bags.
Warehouse deliveries from New York Yesterday
20 4Ol bags; New York stock 70 day. 1928 957 bags:
United states stock, 324 bags: afioat for the
United States 4S3,324 bags, against 446,974
last year.
sugsr-DulI; fair refining. 27s@3c: centrifugal,
96 test. 3A@39sc. sales, 1000 bags; refined
fairly active.
SANTOS. Dec. 11.-weekly report: Coffee
Quiet; good average per 10 kilos, 13sSOO Re
ceipts during the week sc. 600 bags: shipments TO
the United States, $4,000 bags; STOCK 26e. 900
BAGS
RIO DE JASEIRo. Dec. 1l.-weekly report:
Cofee-Eirm: exchange, standard. 14s2UO; ex-
change, 1os4d. Receipts during week. 10000
bags: shipments TO the United States, u 600 bags.
stock, l77,ooU bags.