The morning call., 1894-08-09
Nerr Norh Markets.

NEv York. Aug S.-Speculation on The stock
exchange WAS marked by increased activity and
the movement OF price resulted in the establish
ment of ! higher range of sales in almost every
stock traded fn the only notable exception IN the
list being sugar and in the Inactive shares Ohio
southern These two jocks affected by
special causes, Sugar was Influenced by the view
which respective operators took of the failure of
vesrerdav's caucus of Democratic mem
Ders OF the House to take any action
regarding the tariff bill One section OF the
speculative community regarded 1t as meaning
that the senate sugar schedule would have TO be
changed and sold the shares OF the trust. Another
party took II TO indicate that disagreement was
assured. and bought on continuance of the Nc
Kiuley tariff. The sellers were, however, more
numerous than the buyers, for there was a very
general feeling OF disappointment among the
sugar operators that the caucus did not instruct
the Democratic cOnterees TO agree, at least
there sufficient compromise In the Senate
amendments. A good deal OF the stock was or
fered for sale at the opening. which put prices
down IS, but the shares were readily absorbed.
causing a fractionary rally. This caused re-
neWal or the selling, and figures took another
downward turn, touching lO45s, the low
point OF the day. This was at l O'Clock
in the afternoon, and shortly thereafter sugar was
bought freely, rallying TO 1864, with final re-
action of 10 making a decline the day of l Ss
per cent, the preferred losing "a or the grangers
Burlington and Quincy entered most largely into
the trading II attacked al the opening on
reports that the Government corn crop report
would show corn TO be in a bad way ana was sold
down IA per cent. The stock was wen sup
ported al the lowest figures and becoming some
what Scarcer in the loan market the shorts
thought best TO cover. Their purchases caused
brisk advance of "a per cent from which there
was only a reaction OF a al the close.
81. Paul opened 4 lower, mainly on small
selling for London account. During the
rest of the day the stock steadily appreciated,
closing al the best figures touched aud Is above
yesterdays final sales. Rock Island reacted 12
early IN the dealings, recovered about midday
and made further gain OF "a in tho afternoon,
closing II below the highest recorded, an advance
western Union was in gaod demand, making
net gain OF y. The market closed strong
The bond market strong all day Govern
ment bonds STEADY; state bonds dull; railroad
bonds strong; petroleum. steady Pennsylvania
oil, sales none; September option, SALES none,
closed soc bid; Lima oil. sales none.
GRAIN AND MERCHANDISE
wbeat-AuEust, 5Se
FIour-Steady.
HOps-DuI.
" ool-Fairly active.
Pig Ir0n-DuiL
Copper-Strong: lake SO so.
Lead-Strs ng; domestic, So s..
TiU-Fhmer. StraghtS. $lS IS; plates market
dull.
Spelter-Barely steady: domestic, So 371a.
c. Receptions opened steady. unchanged to
points lower uAder big eceipts at Santos and RIO,
turned frmer on covering, closed steady at to
10 points net advance "a es. l3,o00 bags Ia, IN
GLIDING August. -; september. $l6 70@l6 s.:
october. Sl3 loo 3 IS; December, $ 300
, 80; March, $l2 70.
spot CO1ee-Rio, steady; No. Z. lbI4c; sales.
400 bags
Santos-steady: good averaVe Santos. 16S00O;
receipts. 5000 bags; stock, 244 900 bags.
Hamburg-COtfee, mar6et quiet at Il pig higher
10 . ptg lower; sales POGO bags.
Havre-Upeued quiet: unchanged to IL lower
at noon, quiet; UNCHANGED at 3 P. NJ. steady: "A
q Iaf advance at . 80 P. NJ; closed quiet without
further change.
Rio-UulI: No. 7. Rio, $3.50. Exchange 7-l6d.
Receipts 5000 bags. Cleared for the United
states 10000 bags: for EUROPE. 1000 bags:
sto (, 10000 bags. Warehouse deliveries from
New York yesterday, 1885 bags: Jew York stock
to-dA llS,525 bags; United states stock, 1874,
OIL bags; afloat for the Omitted States, 236. 900
bags total visible for the United states 1857 900
bags against 4-U.S62 bags last year.
Sugar-Raw. market dull: fair refining. H.
l6c; centrifugal 96 test, 31sc; renued. market
steady No 10, 35s@3 l5-l6c; mold A. 47sS.