The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-05-20
\ ew Yora Markets.


NEW YORK. May Ian active business was
done on the exchange during the two hours trad
ing to-day, but It WAS on the bear of the market,
and resulted in the establishment OF a lower range
OF values in the great majority Of the dealt
in. the industrial group being the heaviest suffer
ers. pretty general advance was made in the
early dealings, which was however only frac-
uonal and was not participated in by sugar The
market was then held well until IL 80 O'Clock
just about the time the bank statement
was issued, when heavy selling move
ment was organized, which sent prices down
rapidly with the industrials In the van. There was
nothing Ia the big h-ures OF the statement to
cause ALARM the changes being unimportanI ana
TIE reserve being s,0U000O against less than
so OOO,OOO last week. The only unfavorable
item was the small decrease in loans, which re-
fec;ed the prevailing dullness Of trade. The pre-
vailing condition OF stagnation in commercial
circles is perhaps the most serious obstacle in the
pain OF the stock market, and the weekly trade
journals took very gloomy view Of the outlook in
The to-days issues. A good deal OF long stock
came out today, considerably decreasing their
lines Some OF the bears, who have cOnStitu-
tional dislike to leaving their lines uncovered
siderable buying, causing considerable steadiness
at the clos of the market. The decline was
heaviest il the industrias, sugar losing 31s, do
preferred 212 and lead preferred 2, rest Of the
group u to y.
steady. Government bonds frm. State bonds in
active Petroleum steady; Pennsylvania oil slles
none; June option sales none. closed SO bid; Lima
The exports OF specie port of New York, during
the week; Gold. S7.677,45Oi silver, $50 ,427.
J he imports for the week were: Gold, S94l.l2S
silver. $50 lS6; dry goods, $I,5l5, 155; merehan-
disc, S6,62S, 2O3.
GRAIN AND NERoHAND1sE
Wheat-Msv. 577sc
Flour-Steady.
Hops-oniet; state, common to choice, 99l7c;
Pacific Coast, 29l7c. London market steady.
Pigiron--Dull; Scotch, $40 5O922 90; American,
Sll60l3 so.
Copper-Qmet; Lake, $9ss
Lead-Qu ct; Domestic, IS 20.
Iin-NOminal; plates DUH.
Spelter-Q Quiet; nominal.
Cofee-Options opened barely steady at 100
points decline. ruled fairly active on local aud
European selling, closed steady at net decline OF
lO0l5. Sales 1880 bags, including; May $40 / 5;
June, Sl5 O59l5 10 July, $l4 9; August, SI4 50
ola so; September. $l4 $50 20; October,
Si3 So; DecemberN S1S 5 OBS Sc
spot Coffee-kio du 1; nominal; No, Z, 16Lc;
mid, dull; COTdOYa, l9Ql914c. Warehouse de-
liveries Yesterday, 6436 bags: New York stock
29s,850 bags; a1oat for the United States, So
600 bags; total visible supply for the United
states, 352,S52 bags; against 32S,552 bags last
Rio Coffee quiet; No. Z Rio l5ss5O. FIX
change 3 T-l6d. Receipts. 1000 bags; cleared
for the United states. 5000 bags; stock, l47,-
900 bags
santos-Good average Santos $4,000: receipts,
1000 bags; stock, $4,000 bags.
HambuI g-BaTely steady; sales, 5000 bags;
prices unch .nged TO Il pig lower.
Havre-Opened steady at L94 decline;
closed duh. generally II net decline; sales, 10
900 bags.
sugar-Raw firm; fair refining 2L5c: centri-
fuEsL SO test, 29-32c; sales Cargo Muscovado
for Canada at slice Refined market steady;
No. 8, 5-l69SIsc; 10. z, e-l693l2; o. s,
3s-it@5$4c: No. 9, 1905 9-l6s; No. 10,
1911 c; No. II, 3-I6@ $50; No. u. S1s q
5-l6c No. l3. 7sc; off a, 50. a 5-l6c; Mould
A. 41494 7-l6c; Standard A % 1s94 l-l6c: Con-
Crushed, 434@ J s. g.; Powdered. 4I44f 7-l6c;
Granulated, 49i 3-l6c; Cubes 41444 7-I6c.