The morning call., 1894-10-05
New York Markets.


NEW YORK, Oct 4.-The share speculation to-
day characterized by marked strength and
a fair degree of activity. The Improvement in
the market was due in some measure to the fact
that the Anglo-french war scare was proven to be
baseless and the more favorable railroad re ports
for September, but the main factor was a demon
strstion of buu pools about the snort interest.
Chicago Gas was the leader OF the speculation
and taken in hand early by an outside Clique,
which proceeded TO squeeze the shorts in the
stock the loaning rates having been put up TO 1852
premium. accompanying this movement was
report that an arrangement had been en- tered into
by the Chicago g as and Municipal Gas Companies
for a revision of territory. Under the covering
which followed assisted by purchases for the
long account. induced by the scarcity Of the
stock, the Price moved up sharply TO 1899. gain
of iss on the close OF yesterday. AT the higher
figures the bears made drive on the stock.
which caused reaction OF per cent to 1855
before noon.
After midday the buying was resumed and be-
came very heavy late in the afternoon, sending
the stocks up 20 1875, the last being the highest
price of the day ana 37s per cent above last
nights close. Sugar was forced to take second
place In the dealings. An early advance of So
was followed by decline of Is per cent, the trad
ing at this being very light. 1t was not until late
in the morning the shares came into good buying
demand. but the strength of the market generally
led to covering movement in sugar which re-
suited in advancing the shares ga per cent TO
Is, with only final reaction OF IA. Advances
were established IN the other industrials OF ls4
in tobacco Is in lead Y IN starch tar ,s seeTnd pre-
The latter stock sold up 1s4 during the
morning sales induced by President Green
hut's statement that the rebate system had been
abolished and that all rebates outstanding would
be paid on maturity. During the afternoon the
stock received little support and sagged OF 11s
per cent.
In the railway list the Changers were most
active. and the most notable event OF the trading
therein was bitter attack on Rock Island caus-
ing break OF II from The opening pr &c. which
was 10 above Yesterdays closing. he stock was
found 10 be without support at the time ana some
stop orders were uncovered, burlington. which
opened ~ higher, receded 70 in sympathy. and
St Pau. which made an early advance OF 5S also
Tell off ~. AS there was no uniavoraDle news in
these stocks the recovery was rapid. ST Pau re-
gained all but Is of the loss and Rock Island all
but So, while Burlington recovered all the de-
cline and made an advance OF $s. There was a
very strong buying movement during the last
hour and the market closed strong al or near the
best figures of the day.
The advances above a fraction are: ST. Paul,
MINI eapolIs and Manitoba, 3la: Alton and 7. IL.
declined |, and very few other shares small
fraction.
| the afternoon it moved up in harmony with the
share speculation. The trading was active. the
sales agcregating 81, 432. 500. Government bonds,
dull, State bonds quiet. Railroad bonds, firm.
Petroleum steady. Pennsylvania oil, sales none;
November option, sales none, closed SVHS Did.
Lima oil, sales none.
GRAIN AND MERCHANDISE
wneat-October: 555sc
FIouT-Steady.
hops-steady.
WooI-Quiet and steady.
PigITon-Dull.
Copper-FIrm; Lake. SO IS.
Lead-Easy dom este, 50 1898 TIA
Iin-Quiet: straits, SIS 9o9l5 95.
Speiter-Domestic, IS 4O@3 421a Sales on
'Change-One car Octob' r lead at IS 10; 10 tons
spot tia at 81 80; 30 tons arrive at Sl5 FOG
is IS and IS tons october at $l5 70.
Coffee-Options opened at unchanged prices TO
5 points lower, reacted sharply and advanced 20
points small offerings, but again broke closing
barely steady at unchanged TO l0points advance.
safes 42.75O bags. Including October, Sl2 ou9
] = 50; November. 2: December. Sl1 30@ll 5p
January, $40 80: February, i; March, $40 81 %
10 80; MAY $40 759DlU 81.
spot COTE rio dull and nominal; No z,
l5I4c: mild, quiet; Cordova, 1919 al9c; sales
$50 mats interior at 2:S4c.
Sanros-6oOd average santos $500 Receipts
% 600 bags. Stock. 495 900 bags.
Hamburg Steady; prices 1904 pig lower. Sales
1900 bags
Havre = Opened irregular. 14@4f lower ut
noon Unchanged TO 1af lower; 81 r. NJ. esular,
unchanged to al lower: closed at 1Gl34f de-
cine. Tota! sales. 10 900 bags
Rio Weak No. Rio. nominal Exchange,
l2ll-l6d. Receipts. l3, 900 bags. Cleared for the
1000 bags. STOCK. 5000 bags.
Warehouse deliveries from New York. 996S
bags: York stock to-day, lS1Zl7 bags:
United states stock, 239.7l7 bags; ahoat for the
United states $4,000. 1otai visible for the
United STATES, Assoc bags, against 532,052
bags last year.
lilo lower and ruled dull.
Chicago Markets.
CHICAGO. Ill. Oct. 4.-The apparent collapse in