The morning call., 1894-10-04
New York Mark cts.

NEW YORK, oct. 3.-Again today sugar was
the leading feature of the Stock Exchange specu-
iation, the sales OF the stock reaching the heavy
total of 139, 00U shares. which exceeds the com
bined transactions liz all other stocks dealt In by
several thousand, After an opening break OF "a
per cent sugar came into good buying demand
for the short interest and rose 238. Free supply
of stock Offering suddenly checked The inward
movement, and bear Dem onstration was made
which sent the price back TO 1885.
The depression was temporary, and a report
that inside interest had de ided to support tn
stock until some of the present short Interest had
been shaken out seemed to be verified in the
trOng buying which took place, sending the stock
mp to S63s The high figure induced another
drive which resulted In loss of 27s per cent the
So rs. heng gain OF "a Oh the day Sugar pre-
ferred advanced Is per cent. Ihe ere was no de-
velopmeHt to account for the heavy trading IN the
shares. and the street was without news affecting
the trust, that IL is not unlikely that insiders
engaged In a game Of manipulation which may be
understood after il is play ed TO a finish.
Purchases to cover snort contracts in Chicago
Gas sent that stock up 5s in the early trading.
but some large orders TO sell at the market price
brought about reaction. which was helped along
by the bear traders, and break of zig per cent
effected before IL O'CLOCK. AT this point
fresh covering caused a rally OF 1885, of which
3ls had been lost at the close. The net decline
was So. The rest OF the industri al group was
comparatively neglected and moved within mar
row limits Rubber. on sales Of 100 shares, de-
cined l1s. Lead is down / and cordage 81.
while distilling is "a higher,
The rail way list was depressed at the opening
by the selling movement IN American securities
on the London Stock Exchange, due to the re-
ports of strained relations between England and
France over the Madagascar question. 1t did not
take long. however, TO discover that there was
nothing IN this scare and the market took a
frmer tone, the early decline being recovered
established when the heavy break came in sugar.
The general list reacted in sympathy, but quickly
rallied. During the AFTERNOON the trading was
light and the movement Irregular. the tendency
being rather downward than upward. In the late
dealings slightly bette: tone prevailed and the
market closed barely steady.
DECLINE s have been maze oil i per cent IN DeIa-
ware and Hudson. .PittsDurg, C. e. c. aud ST. L..
and American Gable: IA In Erie preferred and
Manhattan ~ in Baltimore and Ohio. and per
cent In Louisnlile and New Albany preferred. In
ths Changers ST. Paul and Northwest are
changed Rock Island is down ~ and burlington
l "A higher some few shares have made gains OF
a fraction, and Lake Shore and Long Island Trac-
The bond market was active. but general y
heavy. ana closed weak. The sales aggregated
Sl,2z7,0O0. Government bonds firm; State bonds
dull; railroad bonds weak; petroleum steady;
Pennsylvania OIL sales sales none: November option
sales none; closed S23sc: Lima oil sales none.
GRAIN AND MERCHANDISE.
wbeat-october, 547sC
FIour-Steady.
HopS-Steady.
Wool-Steady.
PigIron-Dull; Scotch. sls 20: American, $40 q
Copper Easier: Lake. 50 so.
Lead. Easier: dom este. 3 1903 l71a.
1in-Frm: straits, sl5 9o@15 95.
spelter-Domestic, 50 4o@3 42lh. Sales on
'Change-7o tons H. u gliding: spot at sl5 $50
Ia so: OcIoDeT plo %. NOVemDef, SO o. Op-
tions|steady at 20 and 80 points decline
Coffee-Qniet; ta'es 34,25O BAGS. Including:
october sl2 IS: November. S5@Di2; Deceil-
Der. SlI@li so; January, sl2@s12 20: May,
snot Coffe~-weak; No. 7. 1886: mild. weak
Cordoya lSA@I9c; nominal: sales. 1900 bags
Maraicaipo at i, re for good Cuicuta.
Santos-Oujet: GOOD average Santos il$4OO
Reeeints 1900 bags. Stock. 426O00 bags
aambnrg-steady; prices 1aeSs4pfg lower. Sales
:. Havre-Barely steady. laf lower at y noon: at
I'm. irregular. M@12f lower; sales 22.00O
bags: closed irregular &C A9Af net decline.
TOTAL sales 40. 600 bags.
Rio-Weak No. z Rio. nominal Exchange, l21sd.