The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-12-27
New York Markets.

New YORK, Dec. 26.-The stock market was
characterized by tone or depression throughout
the greater part OF the day. There were occa-
sional periods of frmness during the morning
but the light improvements made were quickly
lost under the influence OF the selling movement
which While slight, was effective in breaking
down prices by reason of the absence of any sup
porting orders. Chicago Jas DistillinE were
about the only active stocks which resisted the
efforts OF the bears during the morning.
Distiiling was in very good buying demand in
the early dealings purchases being by insiders
who anticipated the success of the plan of re-
organization An advance OF / Is per cent was re.
corded before noon. all but IS of which was lost
during the afternoon. when there was some sell
ing at the higher figures by holders who are not
sangune OF the rehabilitation OF the company on
solid basis. Chicago Gas was bought w Western
orders the pu chaSes being credited to recent
sellers who desired 10 get back their stock. The
stock advanced IA per cent to 1878 before mid
which was light volume.
The Cordage shares notably weak on the
liquidation of the speculative account, on which
the margins were so nearly exhausted rs to re-
ure; the guaranteed stock broke 35A per cent To
1885 and the preferred per cent TO $50 the
common advanced 1a per cent TO 7, sold down
to 51a, rallied TO 612, reacted to b34. and closed
at D, loss of 10 on the day. The bears made an
attack on New Jersey Central during the last hour
on a report unfavOrable to the company and ham.
mered the stock down per cent the closing
price being only IA above the lowest sugar u-ae
compaT" lively neglected and during the hour be-
tween IL and O'Clock only one sale OF the stock
was made. the shares fluctuaiing within the very
i1RiAN'' iNA6S n PSA SOnS SaOSlaS II poT cent
down the day.
he grangers were weak on reports of poor
earnings for December and closed at declines
compared with Mondays finals of per cent in
St Paul aud Northwest, rs in Burlington and Ia
in Rock Island. The other material declines on
the day are: Lake Erie and Western preferred
ana Cotton OIL, per cent: New Albany and Chi
cage preferred: 1A; Delaware and Hudson and
Fay State Gas. 1875; ationaI Lead, common and
preferred, and \ ational Starch. l. On purchases
of 200 shares Central and South American TeIe.
graph lost per cent TO 119. Lacede Cas- COM
mon and preferred. each made gains of IA ana
few Others show fractional improvements, The
pressure sell was heaviest in the late trading
and the market closed weak, with prices at about
the lowest.
The bond market was weak during the dav nm
somewhat restricted volume of trading The
Atchison issues heavily sold and gave wav
rs for the tours ana l IA for the seconds small
fraction being recovered in the final dealings
The combined sales of these issues were 1928 600
out of total for the day of 1917 900.
GRAIN AND MERCHANDIsE.
wheat-December. 603sc.
Flour-Steady.
HopS-DuH.
Wool-Steady.
Oranges-FIrm; fancy SO: others, SlGl 81.
Pigiron-Quiet: Scotch, $4,000; American, 50 so
Tin-puiet steady: straits. SO rs. pIates on,et
Spelter-Duil; domestic, 50 rs
Lead-Quiet; brokers' price, SO 90; exchange
price. So 90.
sales on 'Change-25 tons March tin sl3 65.
10000 lbs January copper SO 80.
Cotfes-Options opened irregular at 5 points
down TO o points advance No sales up TO = 40
P. NJ. and oniy 5000 bags for the whoe session.
IeatureleS5s clOSeQ Gull at 5lOlU nOinra
eemDer $l3 70: January, 70 5O@l3 So March
81 SU@lz 30; January. $12 So
Chicago Markets.
CHICAGO, Dec. 26.-The Wheat market showed
sign of weakness or WEAKNESS at the openinp
which was little remarkable after suffering an
infction OF three consecutive holidays The
European markets were still buried under their
moro prolonged holidays The receipts here and
in the Northwest, however. were light In COM
parison with The figures which followed the SINH
lar holiday adjournment last year. The English
visible supply was estimated to have decreased
349.U00 bushels last week. May Wheat which on
Saturday closed at 58Ac, opened substantially
at the same value to-day. and after momentary
dip to CSC it gradually hardened until about ona
hour from the start, when it reached 58ssc,
The visible supply increased S99 600 bushels
which about conceded with the general expecta,
rumored from New York, was receiving confirma-
ton by the announcement, it was said. of mar
aDtine being declared In Brazil against Buenos
Ayres.
Tho primary market receipts to-day summed up
722, 900 bushels, against 1887 900 bushels on the
same day last year. The price. which had saqged
off TO 5S1sc on the visible statement, recovered
to 5S3s@g5812c, and was firm at about 1890 near
the close. the market closed at $500 for the
day.
Corn-The opening price OF May was 47s4c, as
against 48c at the close on Saturday. II gradually
advanced until 1t reached 4S3sc, reacted TO 4Sc
and about half an hour from the close it had fully
recovered and WAS hodiog firmly around 1886
and having sold as high as 4S1ac.
Oats-May started from 3l1s to 3lLS, sold IN
to 3lTsc and closed at that figure.
The provision market was steady for
few minutes at The start but became very
weak and continued to become weaker as the SEES
sion progressed. Compared with the closing prices
saturday, pork at the close showed a loss of 25c.
lard l21ac, and ribs lost equally with lard
Hog receipts were 10000, but 34O0 are estima-
ted for to morrow Swift q Co. and Cudahy OF
Milwaukee were nameo as the principal sellers
The leading futures ranged as follows:
NheatNo p Mess PORK per bbI
Highest Lowest Highest Lowest
Dec....- o4c 53%e Jan....$ll SIS 81 rs
nay......oS12e 5Sc May ..Sll S2L2 Sill 62I@
July -..... b9c 5S5Se Lard per 100 ibs.-
jan. SO 72Ls Sc 62Ih
Corn No 2 May. So 971a St ST IL
Dec......4o%4c 44HSct snort KIDS per 100 lbs
Jan .....4534c AGE JAM. SIS rs IS 67M
May ..4S12c 4734cMay. So O21A s. 97iL
Cash ouotaron.: Fiour-E Easy and UNCHANGED.
Winter Patents So 50@2 80: Winter Straighis'
50 1902 SO; spring Patents, a3 1908 60: Spring
Straights, 81 20@2 80: kakers 81 So@2 %. No.
Spring Wheat. 5S14@601ac No. 8 Spring Wheat.
CSC: NO. Red. "a % 5414c; No Corn
4534c: No. Oats, 291ac: No. 2 White
$l14@3l1ac; No. White. 3Os4@5lc No 9
Rye. 4S1@e: No. Barley. 54Q955e: o. g. 5l@54c
No L. aS % soc. No. Flax Seed, 81 451b
Prime Timothy SEED, S5 52Ib; Mess PORK,
u bbl. 81 STA a 1 So: Lard. 100 ms
St 621z; Short Ribs, sides noose) So 7O@
70; Dry Sailed Shoulders fpoxed), $5@5 49,;