The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-06-12
New York Markets..

NEW YORK, June 1.-THE week opened quiet
on the Stock Exchange, with a generally heavy
tone TO the speculation, and during the greater
part OF the day prices fell. There were evidences
OF liquidation IN some few stocks and London
was moderate seller of the srbitrage speciati
The cutting down OF the dividend of the New York
and New Haven from 21a TO per cent had de-
pressing influence other dividend-paying
stocks which are under suspicion OF contemplate
ing the scaling of the rate of dividend. The de-
creased earnings of st. Psul for the first week OF
June was a weaKening influence on the stocks of
western roads. especially The Changers.
In the industrial group the trading was irregu-
lar. Sugar, which led in the transactions, was
pressed for sale at the opening and broke 10. The
selling movement was not of long duration and
the room traders took up the buying with the re
suit of est bishug advances of 1873, with a sub
sequent reaction Of rs and a final recovery of
Il, making gain on the day OF ia The pre-
ferred Srnck declined 81 There vas M news
from w ashington on which TO base the advance
and II seemed TO be entirely due to manipulation
by the trading element Tobacco whiC h rose l,
and shilling. which made gain OF IS, were the
only other industrials to show higher figures at
the close To-Day In the afternoon trading became
strong for the general list and there partial
recovery Tor the esrly loss.
Bonds steady during the morning and firm
In the afternoon. Government bonds firm; State
bonds dull petroleum frmer; Pennsylvania oil
sales none: July option sales none closed at 9O4c
bid; Lima Oil sales none.
GRAIN AND MERCHANDISE
Wheat-June. 5l1sc.
Flour-Steady.
Hops-E&sy. state, common to choice, 9@16e:
Pacific Coast, ll@l7c.
Pigiron-Dull.
Copper-Quiet.
Lead-Quiet
Tin-Steady. Straits, $l9 rs plates, dull.
Spelter-Firm. Domestic. 50 S712 bid; sales
on Change. 10 tons tin at $40 So
Coffee-UptionS opened firm at unchanged to
10 points advance; further improved but reacted
partially and closed weak; SOILS points net adj
vance. Sales. 1880 bags including: june,
$14 rs: July, Sl4 S0@$l4 70: August, $l4 ESQ
IA Is; Sepremb Der, Sl3 So: october, Sl3 20.
Spot Coffee-Steady. No. Z, 1874 c mild, quiet;
Cordova, 1910. Sales, none.
SantOs-Quiet: good average Santos, II 5000;
receipts, IL. 900 bags stock, 80 900.
Hamburg-Steauy: generally unchanged TO
81 pig higher Sales, 81. 900 bags.
Hsvre-opened % ( higher, at noon had lost a
quarter OF the advance, but at P. n. was l
centime above the noon price ana steady. Sales.
1000 bags. Closed quiet without further change
Rio-Weak: No. Rio, l4$90Q; EXCHANGE, 9
$3.50; receipts, 5000 cleared for the United
States 5000; stock, $4,000.
Warehouse deliveries for United States yester
day, 59l2 bags; new York stock to-day, 1872 1853
bags: United States stock 1874 474 bags; afOat for
the United states, $1,000 bags. Total visible for
the United states, 296,974 bags, against ass, AIS
bags last year.
Sugar-Raw. strong; fair refining. 21sc; cen
trIfugal. So test, 27sc. Sales none. Refined, quiet
but higher: No 6. 35s613 10 &c: No. 7. 3 $500
Sac: No. 8 31s@3 ll-l6c: No. 0, 33s@3 9-l6c;
31s@3 5-loc; NO 10, 2$4c; off A, 1850
15-16c; mold A, 5-l6@41ac; standard A, $3.50
4 116c; cohfectioners' A. 1904 1-1oc; cut
loaf, 13-16@5c: crushed. 4 I3-16@jc; pow
dered. 5-Iu@41sc; graduated, AGA 3-16c;
cubes. D. l6@41ac.