The morning call., 1894-10-17

circulation that the sugar trade was improving
ard that the rehneres OF the trust woula soon bo
Tut in operation. II is not to be said. however
that these reports had anv special influence on
the course OF the price OF the stock, the upward
movement being purely the result Of mauipula-
tion
ST Paul second In point of activity and
during tue morning was sold by London ana the
traders with the result of a decline OF 1a per cent
which was later recovered The final sale. how
ever, was Is below yeSS Serdays close. The other
grsngers were but lightly dealt in and fiuctuated
within limits of 1a per cent. Burlington gaming
n aud Rock Island 1s, and Northwestern stand
Ing unchanged on the day.
There was brisk selling OF General Electric In
the opening deals which were attributed TO
insider, ana which broke the stock per cent, the
full decline being recovered before noon the
revival of the report that is the intention OF the
company to shortly reduce Its capital stock. Dur
ing the afternoon the shares Gated "a. and raj
lied IA at the close. leaving net loss Of "a per
cent.
Chicago Gas opened "a lower but quickly moved
up rs per cent, subsequently reaching 9s, and
rallylng Ia. the latter fraction being the improve
better tone to-day than on yesterday and moved
up TO 1a per cent on small business, closing at
the highest point touched. Manhattan recovered
somewhat from Yesterdays depression and some
OF yesterdays sellers were buyers To-Day, put
there still remain some short contracts uncoy
ered on the buying OF to-day q per cent gam
was made, the close being at the highest price
made In the rest OF the iistvery little business
was done and the tendency of the market was
downward during the greater part of the day. The
gold export scare had lttie II any influence on the
trading was intensely dull, good tone prevailed
aud the market closed firm.
The more important declines OF the day not
already noted are "a III Delaware & Hudson and
Cordage preferred, l5s in Norfolk y Western pre-
ferred, ~ in Baltimore & ohio and East Tennes-
see preferred, / "A and l per cent in New Jersey
Central and Pttsourg. G. G. c. & et. L.. respect
lively Distiilinc, Atchson, Missouri Pacific and
Northern Pacific preferred closed at yesterdays
figures.
generally easier tone prevailed in the Bond
market during the early session. After midday,
however. The weakness more apparent, par
tcularly for General Electric debenture 5s which
closed at S71s.
A fair amount OF business was transacted the
saIes amounting 70 $955,SOU Governnent Bonds,
Petroleum, steady; Pennsylvania oil sales. none:
November option sales. none: closed. S27Sc bid;
MERcHANDIsE.
wheat-October, 5414c.
Flour-Steauy.
Hops-Dul and heavy: State, common to choice,
3@6c; Pacific Coast 41a@7c.
Wool-Qulet.
Pieron-Quiet Scotch, $1,000 25; American.
liH-weak; Straits. sl5 SC@l5 S5; plates.
quiet.
Sales on Change to-day, tons october tin,
80 40; % tons September tin, $l5 &c. 10 tons
January tin, SIS IS; carload November lead,
spelter-Barely steady; domestic, SO 4O93 421a.
Lead-Easy; brokers', 81; exchange. 81 10.
90 65 for spot.
Coitee-options opened steady; 500 points
soStI oWer uaaer DISAPPOINTING cables anu huropean
broke later under bear raid and cIOsed unchanged
10 points decline. Sales 25.500 bags. including
Octoher, $l2 50: November. $ll 76@l2; Deceml-
Der, 81 3U@lt 45: January, $40 SO@ll: Feb
ruary. SO 90 March. SO 75@l0 SO: AprIi,
$40 80. MAY, 5000.
Spot Conee-Rio dull and nominal No. 7.
sl4$l@l5; Mild dull and heavy; Cordova. ls9Is;
sales. none.
Santos-Coffee. quiet good average Santos.
l1SOOO Receipts for two days, 10000 bags: stocA.
44o,OOO bags. Cleared from Santos for New Or
leans. october IA, 60U0 bags
Hamburg-steady; prices unchanged, "A pfg
lower; sales, 19, 600 bags.
Havre-Opened quiet; i4@1f decline; at P. NJ.
steady. 12f advance; closed at 1af lower TO
13f higher. Sales. 5000 bags.
Rio - Steady; No. Rio, llS250; exchange,
TSd; receipts. two days 10000 bags cleared for
the UDiteu States. 5000 bags; cleared for Europe,
none. STOCK. 3l50U bags.
Amsterdam-Dutch sales went off at about 21Rc
below brokers' valuation. Market barely steady.
oood ordinary Java. soc.
Warehouse deliveries from New York yesterday,
1859 bags: New York stock to-day, la9. Ii bags;
United States stock. lS42S bags: afloat for the
United States. 2lS000 bags. Total visible for the
Unite states, 4S642S bags, against 377 AIS bags
last year.
SuSar-Raw. dull; refined duh