The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-07-02
NEW YORK MARKETS.


NEW YORK, n. ", July 1.-There were two
sides to the stock market to-day and those operat-
ing for lower prices found this out at early hour
At the opening Chicago Gas rallied about points,
and the railway list. on higher cables from London,
=poved up rs TO IS per cent. The bears the in
dustrials then made another attack and brought
about decline OF IL 70 SIS per cent. In this de-
cline Chicago Gas sold down to 1855; Tobacco to
IO712. and Sugar to 1O5 Much to The dlsappont-
meat OF the bear contingent this raid practi-
caIly ignored so far as the railway list was con-
CeEIedahU lot the remainder OF the day the shorts
devoted their time TO getting back the stock put
the theory that the break in the industrials
would start liquidation.
Again. tie shorts in the ndustriels were some
what disturbed by the bids made by a leading
Broad-street house, which has been identified with
Chicago Gas n the past for the dividend on any
per cent 1t The dividend is 10 be quarterly and 70 If
declared senli-annually. This apparently had the
effect OF setting at rest the talk that the directors
VIII pass The dividend, although II did not stop the
gossip about bond issue by the company.
Tobacco Vas heavy and fell from 1l01a TO 1071z,
Judge Shipman having reversed The decision OF
lower court in favor OF the company involving a
cigarette machine. In the afternoon trading be-
came quite general and prices for the industrals
rose anywhere from 1ls 10 per cent. The railway
group moved up - TO LAP per cent, Burlington,
Missouri Pacific anu Southern Railway preferred
beading. The strength of securities for the last
named beth here and london was considered
significant in view Of the fact that the financial
policy OF the company Is dictated by the house of
J. p. Morgan & Co.
Speculation closed strong with prices at or near
gains OF IA 10 rs cent the Industrias leading.
Tobacco lost 1fa per cent Total sales were
29l,791 shares. including 65 500 Chicago Gas;
R5.5o0 Sugar; "A 100 Tobacco, and 49, 500 ST Paul.
The bond market higher. Sales were
S1,536OO0. Elizabeth and Big Sandy hrsts rose
TO 10115: International and Great Northern
tmees TO 53; Oregon Improvement 5s 70 40;
T. RI. dep os T 70 SH sfcann mar WeseTn
Northwest rs q 10 .l4114, and Wabash Ids 1a
IN Government bonds AZ the board $4,000
coupon, fours, OF 1907 sold at 1919 ex-interest.
Grain and Merchandise.
NEW YORK, y. Y, July 1.-Flour-Dun, held
firmly; bids below asking rates; winter wheat, low
grades, 50 709S so; do, fair 10 fancy So 5O@4: do
patents, 81 20(J4 SO; Minnesota, clear So 1908 40
do straights, 50 30G3 go; 90 patents, SO 9O@4 IS;
low extras, 81 1908 80: city mills, 81 IS do pat
ents S4 20. Southern -four, dull, steady; common
10 fair extras, 81 4O93 To- good to choice do SO &c
Cornmeal-Q Quiet, yellow Western, 50 sO@2 so.
Rye-Nominal; State roc.
Wheat-Quiet, weaker. No. red store and ele
vstor 74c: afoat. Tee: +. o b., nc: uEgraded red
7097Sc; No. l Northern. 791ae.:
Options were fairly active and irregular, openine
at 81 advance reported decrease in afoat or
passage, reacted azc realizing further declined
115c on increase OF 3,041, 900 bushels in the Eng
lsh visible with free local liqudatons closing easy
at 1s912c below Saturday; September and Deem
Der, most active. No. red closed: July, 1850
August, 7412c: September, IS: October, 1884
t December. 7714c.
afioat Options were moderately active and weaker
declining with wheat, rallying on covering; falling
lIsc and closing barely steady at &c be-
low Saturday. September and July most active
July, 507sc; August, 513sc; September, 81 sc.
Sats-MOderatey active, weaker. Options fairly
active easier. July, 2734c: Septem Der 2S3sc; No.
white July,3314c. Spot prices: No. 2, 2S92S12; No
2, white. 3l$4c; No. 2, Chicago 29s4929c; No
3, 2714@2719c: No. 3, white Sic: mixed West
ern, 2S93Oc: white Western, 32@391ac; white
Hay@FfS@sT, light receipts; shipping SOC: good
Hops-Quief, steady; State common to choice
3@s1ac: Pacific Coast, 3@ec; London market un-
Wool~Firm; fair demand: domestic fleece
15@l9c; pulled, 12@30c; Texas, 9@12c.
asked: July s6 so, nominal; september. 81
nominal; refined, quiet: continent, 81 20; South
Pork-Quiet, firm: mess $13 56@14 %.
Butter-Choice steady iaiTy actiye; state dairy
9@14c: do creamery, l291Sc do factory, SCal2ci
Elgn, 1Sc; imitation creamery, ll@l6c
s14Gs3gc: do fancy, s@8ssc: do small, 7@s1Sc
part skins, 21a051ac: full Skins, 11a@2c.
sylvania, l312@I4c; Western. fresh, 12@l3c; dc
Pig iron : Good demand: firm. American
copper|steady; Lake $40 5O@1O 621z.
Lead-Firmer: domestic, SO 2012.
Tin-Firm; straits, $14 10; plates, good demand
Spelter-ouiet; domestic So 60.
Tallow- Firm: fair demand, steady; city, 43s
Cotton seed oii-steady quiet; crude, 23c vel
low prime, 2514@251ac; do on grade. 25s4c c,
Japan, 4@41ac.
Orleans Z5(a3ec.
Coffee-Quiet. to 10 points down: July, S14 &c
ola IS; September. $14 40@l4 45; October
SI4 ALOHA SO: December, $l4 40: March, $14 80
spot Rio, dull and steady; No. z, $15s4.
sugar-Raw, dun, steady; fair refining l3-16c
centrifugal 90 test, 314c; refined, quiet steady: OF
A, 41s@4ssc: mold A, 1l-16@47sc: standard
A. 4716G45sc; confectioners' a, 5-16@412c
cut loaf and crushed. 8 1-16@514c: powdered
4s4@4 1916: granulated, 7-16@434c; cubes
4 I1-16@47sc.
Prunes, four sizes, 514c: Apricots. dried, 712@Sc
do green, Sl@1 60; Peaches. green, $l@l 80
PluIns. tragedy green, 50 5O@2 10; Cherries, Roya