The morning call., 1894-06-29
New York Markats

NEW YORK, June 2S.-SpecuIative values re-
ceived = setback to-day for which the extension
OF the Pullman strike to the St Paul Railway was
largely responsible There was little else to ac-
count for the TeactionarY movement In prices. Ii
was the influencing motive which led to the sell.
ing for the London account which sweled the
volume OF business during the morning Trade
was light in all but three stocks, sugar, st. Paul
and Burlington and Quincy.
Sugar opened at esdy. reacted "A, advanced 7s
and then on brisk sellinR in the Washington as
well as for the local account, broke 25s. rSlying
Is and closing al reaction of rs at decline OF
rs on the day.
The depression in stock was due to reports that
the majority counted oil passing the sugar sched-
ule in the Senate small. Senator Sherman
Ing a statement TO thls erect; Ihere was
some selling of St Paul at the opening of the
strike on the road, but there were some good sup
porting orders in the shares and the decline was
resisted. The depreciation, however. continued
rRdily, and at O'Clock a decline OF per
cent from last night was recorded. later re-
covery OF 1s was made and q final reaction OF "A,
the last sale being at loss OF 7s on the day.
Burlington sympatheticaly disposed, de-
cining ~ and selling TO - during the morning
and declining gradually in the afternoon, closing
ia below the highest point touched. and scoring
= loss OF "a from yesterday. Northwestsrn de-
clined I on sale OF 500 shares Rock Island WAS
quickly gaining Il, then with the others Of the
group IL declined Is, closing "a above the lowest
per cent and IouisvilIe New Albany preferred
lIs General Electric lost "a ana Pullman 81
Michigan Central advanced lHa.
Arrangements, it Is said, nearly COM mpleted
between the receivers of the Atchson road and the
New York, London and Amsterdam companies
by which all three or the companies shall Jointly
purchase the January coupons or the general
mortgage bonds, thereby avoiding the issue OF
receivers certificates. j. PIerpont Morgan has
been comforting with his associates regardin the
Union Pacific reorgao ization since his return from
Europe, and movement toward getting affairs in
shape Ia likely to occur soon.
The bond market was steady early in the day
but became irregular in the afternoon and closed
easier. The action of the governing committee
OF the Stock Exchange authorizing the common
stock-lst TO place the y Northern Pacific consoi-
dated fYes certificates on the list when the or
ganization committee has received the report OF
majority OF the bonds has caused some activity
IN the shares. 1000 of which sold to-day at
z41aG25. The reorganization committee acks
assent OF about 00O. 900 to have majority. and
until IL obtains them the certificates cannot be
listed. government bonds steady. state bonds
Inactive Petroleum easier; Pennsylvania oil.
sales none: July option sales none, closed offered
s5c; Lima oil. sales none.
GRAIN AND MERCHANDISE
wbeat-June, $685.
Flour-Steady.
HOps-Dull.
Pigiron-Duil.
Copper-Flrm.
Iead-StrOng
Iin-Firmer. Straits. Sls 30 bid; plates steady.
Speuer-Firm: 50 80 bid
Coffee-0ptioBs opened firm at s TO 15 points
advance. rued fairly active in local and conttn-
ued Baltimore buying and closed barely steady at
unchanged TO 10 points up. sales, 1920 bags
Is 05: september. $I4 3U(0l4 40: October Sl3 90
@13 95: December, $l3 3O@l3 40.
Spot Cofee-Rio. frmer; 20. 2, 1888.
Miid-Qulet: CordoVa, 1870. Sales, 500 bags
Central America. pr vate terms. Rumored sales
OF Rio, cost and freight. Dut no particulars.
Santos-Firm; good average Santos, 17SOOO
Receipts. 1000 bags: stock. 81. 900 b2ga
Hsmburg-Quiet; prices unchan nged. Sales, 12,-
900 bags; cleared TO New Y ork $500 bags Brazil
iau.
Havrs-opened barely steady at "a advance