The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-14
NEW YORK MARKETS.

NEW YORK. n. Y, May 13.-Speculation on
the Stock Exchange today was on a magnificent
scale, the transactions aggregating nearly 100000
shares. At the opening OF business the market was
irregular but the tendency in the main was toward
lower figures, due principally to sales for foreign
account. In the London market realizing move
ment in Americans was in progress and the arbi-
TRACE bro kers sold in this market also to take
profits. The bears took advantage of this situation
to depress values, and result losses ranging up
to 11s per cent were made in the first half hour,
Louisville and Nashville, Union Pacific, Northern
Pacific preferred the grangers and Lackawanna
leading the decline
Sugar fell of "a but quickly moved up 21s per
cent to 1173s. The Nickel Plate shares were
strong the common and second preferred selling
up 2 per cent each. A rally occurred after 10:3O
o'clock, good buyers coming in at the lower range
OF prices. and general advance took place, which
was not checked until shortly before midday, gains
being recorded OF IA TO 33 per cent, the latter in
La Ciede Gas preferred 3 in Bay state Gas. 234 in
Chicago Gas, z1a in DistilIing and 134 in Wheeling
and Lake Erie preferred. The Changers fell off a
10 per cent and Reading IA. Toward noon there
Gas gave way 1885, Sugar and Reading ia, Dis
tilling, Lead and Northwest 11s, Rock Island,
Atchison and Norfolk and Western preferred l,
and the rest of the list fraction.
Sugar rallied rs per cent. Between and
O'Clock prices moved irregularly but generally up
ward. Reading recovered 1$s, Northwest and
Rock Island 70 and the others OF the active list Is
97s per cent, while Minnesota Iron jumped 434.
In the last hour the trading again became very
heavy, with break ranging up to 13s in the active
shares, which was most marked in Chicago Cas-
Laclede Gas preferred, Sugar, Canadian Pacific
Rock Island and Baltimore and Ohio and st. Paul
Rnd'Omaha St. Joe and Grand Island sold down
per cent. An exception to the rest of the market
was Long Island, which advanced 215 per cent
and Minneapolis and st. Louis per cent.
The market closed weak, with majority of the
stocks dealt in lower than at the close on Saturday
The trading in bonds during the day was Of an
animated character, the sales aggregating S4,7SZ-
900. There was considerable irregularity IN the
trading, but there was decided downward trend
TO the speculative issues. The changes of note
were; Advances-Chlcago ana Ere incomes, 412 per
cent; oregon Navigation Collateral Trust hves re
ceipts, 4; Toledo Peoria and Western. firsts, 334
st. Joseph and Grand Island, frsts, 312; do trust
receipts, /; Missouri Pacific Consol, SKIES Kansas
and Texas fives Richmond and DanviIle debentures
lives stamped and Milwaukee Lake Shore and
Western frsts, 112; General Electric debeDtures
fves and Reading thirds incomes, ia; Rio Grande
Western fVes and Houston and Texas Central
General tours, per cent,
seconds, I; do consol fves, 112 ST. P, NJ. and NJ
seconds, pa; do consols, l; St Louis and San
first trust receipts, l. and Denver and Gulf frss,
49, per cent.
Government bonds firm State bonds firm. Rail
road bonds irregular
Grain and Merchandise.
Flour-Receipts, q, 900 barrels: exports Is, 200
barrels; sales, "a 500 packages. Markets generally
firm with a better inquiry and principally from ex-
porters. old prices asked except for special sales
were up Zoe.
Rye FIour-Firm; sales 900 barrels.
Wheat-Receipts Isl 400 bushels exports, 3d.
900; sales, 6,l55,0O0 futures; $4,000 spot. Spot
Higher; No. 2 red store and elevator, 6834c c;
afoaU So 70; C f. o. b. 705Sc afoat; No l, hard
74Tsc delivered. Options opened steady on cables
ruling quiet during the morning. and developed de-
cided activity in the afternoon, advancing on the
visible supply reduction. selling of sharply under
big increase in the amount afiOat for Europe. and
closed with full recovery active short demand
and final net gain OF 15sG134c. No. red May
67zs66S5sc, closed 6S5sc; June, closed 69c:
July, 6S 3-16@69 9-16c, closed 693sc; August,
6S3s6695sc. closed $3.50: September, 60 l IL &c
closed 695sc; December 707s@721sc, closed TIC
Hops-Quiet.
Wool-Firm.
Petroleum-Dull; United closed 81 "a bid
Pigiron-Quiet; Scotch, $4,000; American
SO 5O6l2 so.
Copper-strong; brokers' price, S1014; exchange
price, $103s@l01z.
LeadaostTong; brokers' price, 50 50; exchange
price, So 20.
Tin-Firm: Straits. SIS 2O015 25; Plates slow.
Spelter higher; domestic, So 45.
Sales on Change 10 tons August tin, SIS 20; %
tons July, $50 10; 10 tons July, $15 20; 10 tons
spot, SIS Is.
: Coffee-Options opened duh with prices IN
changed to points lower; very little coffee was for
sale, and local shorts wanted TO cover May CON
tracts, which resulted in slight rally closed I'M
changed to 10 points advance Sales, 1850
bags, including: May, $14 As: june, S14 50: Aug
ust. $14 so; December, $l4 so.
Spot Cohee-Rio. quiet: No Z, Ice; mild quiet
Cordova, 1S149l9c: sales 500 bags Central neri-
can and 500 bags Costa Rica p. I.
Sugar-Raw finn; fair refining Sc; centrifu-
: gal, SO test. 3ssc. Sales, 600 tons Muscovado
SO, at Sc; refined fairly active and steady.