The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-05-19
ew Nork Naarkats.

NEW YORK, May 1S.-The stock speculation to-.
day heavy In tone during the greater part of
the day. and although there were occasional re-
eoveries, mainly caused by the covering OF tmid
shorts, the trend of prices was downward and the
closing figures show material losses compared
with the fina quotations OF yesterday. The entire
active list, with the exception of General Elec-
tEic, shared in the depreciation OF values but
sugar was the weaKer stock in the market A
very heavy pressure TO sell was developed
ia the stock at the opening. which came
princ pally from Washington houses and
which was believed TO be for the &C
count Of those who purchased at lower figures
and endeavoring to realize profits he
bears also took hand at selling and largely in
creased the volume Of the business Win some
slight rallies the shares declined gradually until
break Of 4 81 per cent had been made. A recovery
of cent followed. with a reaction OF he
Sugar preferred declined / ~ The beayIness YSf
the sugar stock due TO approximations that the
Senate investigation would result to the injury OF
the sus ar interests ana might possibly lead to the
haitian was heavily sold rumOrs that the rapid
transit bill was 10 be signed, and dropped per
1he decline IN wheat was reflected in the de-
preston in the grangers, which were disposed of
On cago orders chiefly In ST. Paul and Burling-
ton aud Quincy. Rock Island also came in for
good share OF the selling and made early loss
OF l12; ~, Paul Tell OIL per cent ana burilngt
and quincy, alter an advance OF rs, receded /
per cent. Northwestern common reacted q and
tho preferred 212, the latter closing at the lowest
point touched. The others In the group recoy-
cred 80 5s per cent al the close. IN sympathy
with sugar tine lndustriais were generally down.
except General Electric, which Was hrmly heid'
and when at no time was more thai rs below
yesterdays closing, aud which galBel "A on the
day. Tobacco 10 down IN, Cotton Oil Ia, Rub
Der 212, hubEer preferred l, Consolidated Gas
"a and Chicago Gas rs. Some OF the specialties
made heavy losses on the day, including oregon
Navigation 2, cnmoud Terminal preferred ",
Wheeling and Lake i-re preferred 3 "a. 1 he other
more notable declines were ST Paul and Omaha
2. Missouri Pacific l per cent. The other losses
merely fractional.
In the final trading the converting OF short con-
tracts caused recovery on the general list and
the marEst closed 6rmer III tone than IL was at
any time during the day.
he bond weak all day in sympathy
with the stock market. Government bonds hrm,
ysnia OIL sales none; June options sales none;
closed 60 bid; Lima OIL sales noae
GRAIN AND AERCHASpISE
wbeat-May. 571se
Four-Steady.
Hops-Quiet: Pacific Coast l20I7c.
wool-L-ss lively; domestic fleece, 19925e;
pulled, 2O@2S.
PigirOn--DulL
Copper-Quet.
1in-About steady; straits sls 20 bid; plates
quiet
spelter-Market weak: domestic SO 40 nominal
Sales on change ten tons tin May 81, $I9 rs.
Coftee-Options opened steady at SOLO points
decline, ruled more active, but generally weak
under European aud local selling, closed steady
1880 bags. Including: June. &l5 20: July,
s. 20 August STA 1904 So September,
Sl4 35egis as; october. $l4 l0@l4 Is: Novem-
per BIB e0Gl3 80; December, $l3 70@l3 rs;
January. Sl3 80.
spot Coffee-Rio dun: No. Z. 1614c; mid, dull;
CordoVA. ly@l91ac. Warehouse deliveries yes
terday sos Gags; New York stock to-day. 222.-
aus bags; United States STOCK 296,235 bags;