The morning call., 1894-09-14
New YORK Mark cts.

NEW YORK, Sept. 3. - Excepting sugar ana
distilling the speculation on the exchange to-day
dull. The trading was confined practically To
the local operators, London being out OF it entire
ly. There a frDness to the dealings In dis
tilling at the decline of Is on the closing sale OF
yesterday, but before long, the first prices being
made az advance, the inside support which
was the sustaining influence, was withdrawn
design edly, It is claimed. and the stock broke
23s to l3. ahortly after ! O'Clock. The selling
very heavy, and on the decline stop orders
were met, which Increased the volume OF business
Nothing more favorable TO the stock was de-
veloped hey ond the effort to obtain the payment of
disputed rebates set on foot by the holders of
these claims and vague report, which was sub
sequenty denied, that a. a meeting held at Peoria
on Monday some action was taken, which. in view
of the report OF q probable receiVership might be
tbs oternoon on the sales 70 cover snert
tracts of which 3a had been lost at the close
making decline of " on the day. Yesterdays
decision In the patent suit Ia which the General
Electric Company suffered defeat brought out
some long stock OF the company and Undue cd
per cent during she morning.
During the afternoon ofbcial explanations were
made OF the effect OF the decision. which is TO
leave General Electric IN the same position
toward its competitors the court holding that
the companies now using the patent could not be
restrained from cont nuiug to use it. A rally of
Is took place on this statement. OF which "a was
lost in the final trading, making the decline from
yesterday 1Hs he grangers made slight ad-
vances in the early dealings, but became heavy
subsequently on sales by bear traders, closing IL
lower for Northwest, Is Tor st. Paul and Buriing.
ton and 3s for ROCK Island The general
market grew weak the day adv need and
closed heavy at declines ranging from II to ia
Some few of the inactive shares recorded rdvance
on the day, including Minneapolis and ST. Lou, s
preferred and Edison Electric of New York "a
Consolidated Gas "a.
Az easier tone generally peTvaded the dealines
in the bono market throughout the day and
moderate volume of busipe IS was done and prices
generally recorded decline. Western Union de-
bentures and Wabash debentures series are Off
ZLo; DO. seconds. 2: Cincinnati Dayton aud Iron
ana Texas Central Con- 6's and Utica and Black
River as. l. Advances. ohio and Mississippi Con.
rs, 1T. Louis and san Franc SEQ l.
The ST, faui Railway Company directors have
declared the regular semi ann ua dividend OF ga
per cent on the preferred and per cent on the
common stock.
raiIroz bonds weak; Petroleum hrmer; Pennsyl-
vanla oil sales none; october option, sales none:
closed 927sc bid; Lima oil. sales none.
GRAIN AND MERCHANDISE.
Nbear-September, 5SLac
Four--SteAdy.
Hops-Quiet: state. common TO choice, a@Sc;
Pacific Coast, f@lOc
London market STEADY.
wool-Steady
Copper-Quiet.
Iead-Weak.
TialFirrner: straits sl4 5o@ls SO; plates
quiet. -
on iChange IS tons TO arrive Sl5 30: 20 tons Sep
ram mber thu SIS 921b: 25 IONS October tin $40 rs.
and 200 tons November tin. $l5 rs.
f,oiIee-ODtions opened steady at TO Is points
deciae: sold If furth on local selling, realizing
by baltimore peoule aud on the Brazil Change ad-
yauced and closed steady at to 20 points decline.
sales al 900 bags, including September. $l3 30;
October, sl2 66@i2 20; Noyem6er; sl2 o 10; De
cember, Slz 20; Marcn, 9io oogio oo' may.
Spot Conee-Rio lower: No. z, l51ac; mild.