The morning call., 1894-10-18
New York Markets.


NEW YORK, Oct 17.-SpecuIation on the Stock
Exchange to-day was fairly active. but the move
ment of prices was Irregular and the trading un-
settled In character. After weak opening. due
to an accumulation of selling orders for the for
eign account. the market became firm on the re.
auction from the rates for sterling exchange and
the consequent improbability of further ship
ments of gold in the near future.
There was general covering of shorts and some
buying for the long account, which resulted in
an upward movement that reached its height
about noon, and in which the Changers were most
prominent of the active list. After midday the
dealings became light in volume, but the marke ct
well held up TO about O'Clock, except for
Baltimore and ohio, which broke per cent to 80
The announcement that the regular annual
dividend had been reduced from 21a to per
cent. This action had unfayorable effect on
rest of the list, and during the last hour prices
sarged off without any pressure to SELL but by
reason OF absence OF buyers.
The market closed weak with tho majority Of
stocks dealt in from "A to IA per cent higher
than at the close yesterday. while in the of
Toledo and ohio Central gam OF d per cent was
made on purchase of 100 shares.
The other more important advances are: North
western, l1s; Michigan Central Pacific Mail, {;
Rock Island, Chicago Gas. Denver and Rio
Grande. Cordage and Tobacco common 5s, and
chicago. Burlington and Quincy, N
The specialtes received more attention than
usual aud were in the main heavy. some material
declines being established, notably 2A In Central
Pacific, In Adams Express on the sales of a 100
share lot. Tho only active stock which shows q
decline on the day is Sugar. the loss being only
5s. The stock was actively dealt in but the trad
ing is accredited TO the inside clique, with per-
haps a small following from the room traders.
No news current affecting the company aud
the movement OF the shares was mechanical, a
sort of seesaw arrangement The highest point
was s77s. the lowest S61s, closing nearly midway
Baitimore and Ohio opened at 73, decline Of
per cent from the closing figures of yesterday and
when The announcement was made OF the reduc-
tion on the rate OF dividend the stock broke per
cent additional So, recovering TO 6912 and
closing at IN. net loss of 515. The total sales
OF the stock were only 1900 shares.
In, - .f ral lfu firm, fAna
vailed on = moderate volume OF business. The
usually active issues are up fraction and some
rial advances. Colorado Midland first advanced
per cent. The sales for the day were SSl 1000.
Railroad bonds fl m. Petroleum steady: Pennsyl-
vania oil sales, none November sales none, closed
at 21sc bid; Lima oil sales. none.
GRAIN AND MERCHANDISE
Wheat-october, 541se.
Flour-Steady.
Hops-Quiet.
Nool-DuiL
| Pigiron-Quiet
1ih-Quiet. Plates, quiet.
Speter-Dull.
Lead-Brokers', SO; exchange. SO IS.
50 eps s5 TssEs; sS5s; esehange lor spo, eo,
day, 3 cars November lead IS 1917; 1 car De-
eemeer. re sS i21a; cars November. So 10.
nriel.t Ionee Options opened quiet at unchanged
prices TO " points lowerunderweak cables steadied
on covering, which is the only support the market
mas mas closed steady, with october 10 poipts higher
anu oshetS So unchanged 10 10 points net decline.
ares t4ooo bags. including october. Sl2 IS ::
November $ll SO; December, slI 2OGlI 80;
Januart, StV f3gl0 80: March, 8 o 6oGl 10 rs.
| Spot Cofee-ko. duIi: No. z, l4@l484c: MILD
euI; Gopdovs' d dds@l97sc; sales. 10000 bags
Santos-Coffee quiet: good average santos
llsO00 Receipts, y 900 bags stock. rs. OoU bags
Hamburg-Dull; A@l1a pig lower: sales, IU7,-
| 00U bags.
| Havre-opened barely steady. 14f lower: at 8
p. NJ. steady. UNCHANGED to Af lower: at p NJ.
closed steady at 1sG9lf net decline. Total sales.
| SO 900 bags.
Rio - Quiet No. Rio, 1880; exchange
f,r Ir,.sta
states. 10000 bags; cleared for Europe none.
| Stock. $4,000 bags.
Warehouse deliveries from New York yesterday
| 1864 bags: New York stock to-day, la37S4 bags:
tinted States stock. as. .l5U bags: afoat for the
United States 2l2,000 bags. Total ylsIle for rne
United sta.es 427.l5O bags, against 407 S74 bags
| last year.
susar-Raw, dull; centrifugal SO test. $500
| 3sl C: sales none: refined quiet
Chicago Mar xets.
CHICAGO, Oct l7.-The markets were all very