The morning call., 1894-08-03
New York Markets.

NEW YORK, Aug 2.-There was trifie more
business done on the Stock Exchange today, the
increase being due to purchases for the reign
account. At the opening there were buying or
ders on the board in St. Paul Louisville and Nash
vile, Atchison and Erie, and the tone of the
ket for American securities in London was
strong, especially for Louisville and Nashville
the Improvement being due TO reports that the
tariff deadlock is likely TO be broken within few
days. Despite the fact that this report en-
tirely at variance with the facts as they un-
derstood to exist here, the London opn Ion back ed
by London buying. had an effect on the market
and during the first hour Of busine the trend of
prices was upward. The Grangers, General Elec-
trio, Union Pacific Erie and Consolidated Gas be-
eamo most prominent in the advance.
Sugar lost IA at the opening and gained 5s but
at IL O'Clock was subjected to bear drive which
sent the price down 3s, the selling being based
on Washington advices stating that = nodifca
tloh Oh the senate sugar scheduie would be agreed
TO which would materially lessen the protection
accorded TO refners. The general market did OF
sympathize with the depression In Sugar. Specu
latlon was very dun during the hour bef ore noon
tho market being Irregular except for New Jersey
Central, which advanced l7s per cent. subse-
quently reacting 1R, and Sugar, which on fairly
good buying credited largely TO insiders rose ~
During the early afternoon sugar neglected
making further advance of Il on small buyinp
but shortly before delivery hour large blocks of
stocks were unlOaded on the market. one we'll
known bear operator throwing 1000 shares
sending the STOCK down rap dly and uncovering
stop orders which brought out considerable long
stock. thus adding to the volume OF sales un tii
Just OoiOfe bne CLOSE iUZ WAS reached, being 23a
below the closing figures yesterday. rally OF
3s followed with final reaction of H. The
general list was unsettled during the afternoon
the final dealings being made on a fractional
rally. and the market closing firm, except for
sugar which lost IA on tn day.
The bond market was generally firm all day
Government bonds steady State bonds inac tive
Railroad bonds firm: petroleum steady: PennsyL
yauia oil sales none; SeptembeT option sales
none closed offered 81: Lima Oil sales none.
GRAIN AND MERCHANDISE
wbeat-August, 56s4e
Flour-Steady.
Hops-Dul aud weak; State, common to choice,
lie; Pacific Coast SO &c.
Wool-Actlve.
Pig IrOn-Dull.
Copper-Quiet-
Iead-Qulet.
Tin-Easy; straits, SlS 20 asked; plates. quiet.
SpeIter- Steady; domestic, SO 20 bid.
Coffee-Options opened nrm, unchanged TO 10
noints advance closed barely steady to 20 points
lower sales l4,250 bags, including: August
sI4 sb0l5: September. S14 0b9l4 10; october,
Si3 55@l3 60; December. $l2 80; January,
Sl2 80. -,
quiet; Cordova. Ie9l9Ac. Sales, 1900 bags
fonrbon santos Nos. and z, spot, at 1SAc
late Yesterday 5000 bags Santos, 6 and T. TO Bal
tImore, at 15Ac I. .,oo
santos-Stsady; good averase Santos. lo$loO
receipts. l6 600 bags; stock. 1o9, 900 bags.
Hamburg-Quiet: prices unchanged 10 1apfg
higher; sales II 900 bags.
Hayre-Opened quiet: prices 1af nigher; at =
O'clock noon quiet, unchanged to al higher; al
Pm quiet. unchanged TO S4t lower; closeo
without further change. Total sales, loUuu oags
Kio-Steady. No. 2, I5e300. Exchange, 1850.