The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-12-20
New York Markets.

NEW YORK Dec. lo.-AIthough the volume Of
business in the Stock Exchange was somewhat
heavier than yesterday the share speculation was
nevertheless dull The tone OF the market was
heavy during the greater part of the day. 1t was
thought that the publication OF the statement of
the DistiilIng and Cattle Feeding Company d.
rectors would preclpitate lot of trust stock
upon the market, Blu there was no great pressure
to cell
at the closing the hears hammered the stock
down per CEN TO SIS, but it was we'll supported
by insiders, and the strong buying frgh ed the
shorts into covering with the result that "a per
cent of the loss was quickly recovered. Before
noon another slight demonstration was made
against the shares. which depressed them but 3s
per cent at noon. The sales up TO that hour were
53OO. only 7OO shares additional were sold dur
ilg the afternoon, the fuctuation being within "a
and the last sale was So above the lowest OF the
day and was 5s above yesterdays closing. TIE
trading in the stock made very evident that the
managers OF the trust had decided to stand under
the stock and break the force of their disclosures
of the unfayorable state OF the company's
Sugar was the most active OF the entire list and
was sold freely. it is believed for the account of
the clique which controls the m ovemenr OF the
stock. reports being put in circulation that strong
yalorem tariff Oh sugar. The shares declined
gradually throughout the Gay and closed at To e
figures, The preferred lost rs. 1he grangers
show depreciation in value on the days trans
actions of 1904. ST. Paul the only one of
the group in which the trading was at all heavy.
The selling In that stock was based rumors
That the statement of Cet earnings for November
would be unfsvorable. The shares OF the Reading
road were depressed by liquidation on the part of
reorganization. decline of 1873 per cent took
place, OF which "a was recovered in the final
sales.
chicago Gas was in good buying demand during
the first hour and this. together with the scarcity
of the stock in the loan market, caused ad-
vance or ia per cent at the opening, which was
at a decline of rs. Liquidating sales brought
about reaction OF l per cont, of which 1s was
recovered, making net gain of " per cent.
Northwest preferred rose / per cent, and is the
only other stock which gained over 1a per cent on
the day A decline was recorded in American
Tobacco of 31a per cent, with a subsequent recov-
cry Of l per cent. New Jersey Central is down
rs. The market closed weak
Inc BOND business betrayed weakness during
the entire day. The volume OF business was
large and aggregated $1,o5l,500, of which s173.-
900 was in st. Louis and san Francisco consul
tours; $3.50 900 of Chicago and Northern Pacific
first trust receipts; $4,000 OF Southern fves:
do deferred incomes, and $101,O00 of Kan sas and
Texas seconds. Government bonds easier; State
bonds steady; Railroad bonds weak: Petroleum
firm: Pennsylvania oil sales none; January option
sales none; closed offered "a; Lima oil sales none
GRAIN AND MERCHANDISE
wheat-December 60c.
Flour-Steady.
HopS-Quiet.
Wool-Quiet
75c@SI 81.
Petroleum lower; United closed at 94c asked
OH FElr0n-DHl'' SCOTCH s'sos0' American 50 IS
Spelter-Weak; domestic, 20 20.
Lead-Quiet; brokers' price, So: Exchange
price, So 0593 0712.
Copper-Quiet: brokers' price. SO rs; Exchange
price, $s@l0.
Sales on Change: 10000 pounds December
copper, 80 so; two carloads December lead ,
S3071a; 25 tons December. tin o. TO double,
one days notice $13 65; 10 tons December
$l3 TO; rs tons March, $l3 65.
Coffee-options opened irregular at 10 points
advance with points decline, rallied on Eu-
ropean buying. but ruled steady, quiet closed
firm at 10I430 points net advance. Sales, $500
bags. including: December. $13 S0@l3 90; Jan
nary 81 35@13 so; March. S12 70@g12 So: April,
S12 o5: May, 81 4U@l2 So; September, $12 60
(912 IS.
spot cofee-Rio, steady; No. T. l5Mc; mild,
quiet; Cordova. 1S14@lSc. Sales, 1000 bags Rio
Nos. and at 1312c.
Santos-Quiet; good average Santos. l3s4OO;
receipts IL 900 bags; stock 1856 900 bags.
hamburg-Steady: prices 14@A pig higher:
sales 5000 bags.
Eavre-opened steady at 14@1af advance; at
IL M, steady. Af decline; +. M, steady, Af de-
cline; closed steady, A@s4f advance; total
sales. 16000 bags
Rio-Quiel; No. Rio. ls$7oO. Exchange,
1012d. Receipts, 10000 bags: cleared for the
United States, 1000 bags; stock. 1000 bags.
Warehouse deliveries from New York yesterday,
1856 bags; New crk stock day. &c Z. 322 bags:
United states stock, 293,984 bags; aioat for the
United States, 274 900 bags; total IDLE for the
United States, 557 1884 bags against 4S4,529 bags
last year.
sugar-Raw. dull; refined, quiet; graduated
8 1856