The morning call., 1894-05-11
New York Markets.


NEW YORK, May 1O.-It was not an active
market to-day, but the trading was fairly well dis
trlbuted. The Industrial group took about one
third of the business. with the sugar trust in the
lead. st. Paul was active in the railway list ana
the only one OF this class in which the transac
tions exceeded 1000 shares. At the opening the
market WAS firm and a majority OF the shares
traded in show an advance on the closing figures
Of yesterday, exceptions being Illinois Central.
Louisville and Nashville and General Electric.
The speculation was unsettled during the hrst
hour of business, but gradually assumed strong
tone the Gran. ers and Industrials being the most
prominent IN the upward movement The I'M
proving tendency OF the market continued into
the afteTno on with Sugars at the lead and having
N ade gain OF IA up TO midday. The buying In
the stock became quite pronounced after noon
and was for both long and short accounts. causing
an additional advance of 2S4 to lO1S4. reacted
7s recovered 3s. making the advance on the day
51s. Sugar preferred made a gain OF ia. The
general list was strong throughout the afternoon
until just before o'clock when fractional re-
action set in. dueImsinly to reaizations, and the
market closed slightly heavy and somewhat irreg-
ular, but in the majority OF cases at an advance on
last nights closing figures. The rise in sugar was
unaecompanied by any news affecting the stock
and apparently was due to a squeeze OF the shorts
who were induced to sell by the weakness dis
played during the asst few days The liquidation
General Electric was resumed this morning
sending the stock down to 351s, being "A per
cent below yesterdays closing. Chicago Gas was
favoraby affected by the cOmpany's ap plcaton to
transfer the quo warranto case from the Illinois
TO the United states courts. The shorts under
took TO cover and some buying orders came In
from the West, the result was advance OF 15s
of which IS was lost at the close. The grangers
made gains of IA aud 5s on the day. except St
Paul common, which lost Is. and Go preferred
per cent
The bond market was irregular. Governme Mt
bonds steady state bonds inactive. Petroleum
steady; Pennsylvania oil sales none; June option
sales, none; closed. S51 "A; Lima oil sales. none.
GRAIN AND MERCHANDISE
wheat-May, 593sc.
Flour-Steady.
Hops-Quiet.
Pigiron--Dun
COpper-Qutet.
Lead-Quiet
Tin-Steady; straits. 10000: plates quiet.
Spelter-Negected;d domestic. 1921 bid.
Cohee-Opuons-upened steady at unchanged
prices to points advance elOsed d quiet at 90 5
points net advance. sales, 1850 bags spot coffee
Rio steady; No. 7, 1880; mid. quiet; Cordova.
1914@l9Iqc: sales. 1000 bags. Warehouse de-
nyerIes yesterday. 55l7 bags; total stock In New
Y ork to-day 26O 80 bagS; United States stock.
310659 bags; atoat for the United States, Toe. 900
bags; total visible for the United states 416, ,059
bags, against 394,755 Dags last year.
Hamhurg-Ste teady; sales, 7OO0 bags; prices,
149I2pfg higher
hayre-Quiet; sales, $4,000 Dags; prices 1I4f
higher.
Rto-Market quiet; nominal Exchange, 3-16d.
Receipts 5000 bags; stock, 49, 900 bags.
Santos-Quiet: nominal; no quotations. Re.
ceipIs, 10000 bags; sIOck, $4,000 bags.
Sugar-Raw, firm Sales one cargo centrifugal
to Boston at 1916; refned quiet