The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-11-08
NEW YORK MARKETS.
Financial.

Financial.
NEW YORK, y. y, Nov, I'm the early
trading at the Stock Exchange there general
decline in prices OF to "a per cent due to an ad-
vance in posted rates of foreign exchange 10
81 ss1a and 81 60 The rise in rates OF course led
TO the usual discussion about gold exports, but up
to the close of business no arrangement had been
made for the shipment of the metal. London was
a seller of stocks at this time, especially St Paul
and Pacific preferred The last named sold as low
as 1855, and the reports OF a heavy assessment
were revived. Later on advices were received
from European financial centerS to the effect that
the situation was improving abroad and this led to
a rally here.
A recovery, however. has been long overdue,
and the traders simply made this favorable news
the preteTt for turn against the shorts, and as
the market is heavily oversold they had lille
difficulty in forcing some OF the smaller bears 10
cover. The buying movement gained force as the
day advanced. and about o'clock the active
stocks showed gains OF Is 10 per cent. Lea. her
preferred, Lake Shore. the Changers. Western
Union, General Electric, Tobacco. The south
westerns, AnthraCi-r cpalers ana tennessee COal
and Iron were all prominent i'm The rise. ChiCa-O
Gas was depressed rs TO 645s at one tilne out
quickly rallied 20 So.
The deposits OF Fidelity Trust receipts for the
Cen raj Trust Company now amount 10 S22,120,-
200. Near the close iquldations we're resumed in
the cases OF leather preferred and sugar, thu
former falling TO 90 and the latter TO 9SSs. The
weakness OF sugar was attributed to sales by Lower
In the inactive stocks Wheeling & Lake Erie
preferred advanced l@s to 431s, broke to 40
q. 81.
second preferred sold down 90 to 52@53.
Illinois Central declined Us 10 1915 per cent
and recovered to 1874, Cleveland, Lorraine and
Wheeling preferred was bid for at AS at one time
and then advanced to So bid The last sale OF the
day was 81. New England brought 45 against 81,
the last reported sale. Speculation closed higher
and firm with prices Is to ls4 per cent above yes
terday's finals. sugar lost 8s and leather pre-
ferred IS the day. The sales were 3Ol ,O32
shares, Of which AZ, 700 were sugar, "a, 100 ST.
Paul $4,000 Chicago Gas and 20,30O Baltimore
and Ohio.
Bonds were higher Sales were S2,2l5,OOO.
Atchison adjustment fours rose l5s to 5014: do
seconds, class A, ia TO 2734; Brooklyn Elevated
fves certificates, ia to 45$4; Erie first consol
sevens i TO IA; Kansas and Texas seconds. l to
81; Northwest conso sevens, TO 14l; Reading
third preferences, l1a TO 1l12: Texas Pacific
frsts, to 1874: Denver and Gulf consol fves, 50
10 1918 and Wabash seconds, = TO II.
In Government bonds at the board $4,000 regis.
tered TOURS of 1907 brought 1ll34, and SIS 200
coupon tours of 1925, III
The Mercantile safe Deposit Company reports
silver bullion on hand, 231 1872 ounces; certificates
outstanding, 231.
Grain.
FLoUR-ouiet, rather easier. Winter wheat. low
grades, 50 25G2 rs; do, fair 10 fancy, 50 S0@3 40
do, patents, So h063 90; Minnesota clear, So $50
25; do, straights. So 20@3 80; do, patents 50 g
"a 20; low extras, 50 25@2 IS; city mills, So $50
4; do, patents 81 1904 35. Southern Flour
Quiet. easy; common to fair, 50 1902 80; good Il
81 6O@2 IS.
RYE-Nominal.
BARLEY-Nominal.
WHEA f-Spot market quiet, lower. No. red
s8%@ssslc NO %oTib ar0a' s esc Onion o. o.
were duh and tended downward under free realiz
ing for local account, with the close weak at 3 be
low yesterday and very little outside news. De
cenlber and May only traded in. No. 2 red Janu
airy, 66$sc; May, 6s12c; July, 681ac; November
CoRN-Dull. steady No. 2, 361ac elevator
3712c afoat. Options were opened quiet and with
from yesterday. May and December most active
November, 3614c: December 1890; May, 355sc
oATs-D S, steady Options dull, easier; 80
Spot prices-No. 2, 2S12c; No. 2. white, 24S4c
No. q Chicago, Paige; No; 3, 2Sc; No. 8, white
2s12c; white State. Usage
Provisions.
LARD-Quiet, easy; Western steam closed SIS e5
city, So 60@5 IS; November, SIS 95: refined
quiet; Continent Sc 80; South American, So 20
PoRK-ouiet; mess, SO 1000 25.
BUTTER-Quiet,s steady; state dairy, 12@2i1ac
ssescy ssi4c; Egins. &c; imitation creamery ~
CHEESE-steady, quiet; State large, 149lo1ac
do fancy, 1014@101ac: do small. 7s4@1114c: par
'fs aem inl sk sesdy State and Penn
sylvaDa, 22@23c; Icehouse, 16@l7c, do, per case
1904 rs; Western fresh, 19@21c; lined, 16@
TALLow-Quiet, easy; city, 41sc: country, Az
CorToNsEED oIL-strong; moderate specu
latIve demand; crude 24@241ac; yellow prime
2e12c: DO, OF grade, 27I2c.
RICE-Firm, quiet: domestic, 3s4@4c; Japan
;M0LAssEs-Foreign, nominal: New Orleans
26932c; firm.
CoFFEE-steady, unchanged TO 10 points up
NovembeE, $l4 50; December $l4 75@14 so
March, Sl4 40: May, $l4 90. Spot Rio dull
steady; No. z, l55s@l53lc.
sUGAdR-Raw, steady, more active: far refining
31sc; Centrifugals, 96 test, $3.50. Refined
Quiet. on A, 4 l-16@414c; mold A 47sc
standard A, 412c; confectoners' A. 43sc; Gu
loaf and crushed, Sac; powdered, 4zsc; granu
lated, 412946sc; cubes 47sc.
Fruit and Produce.
CALIFORNIA FRUIT-Raisins London LAYERS
81 20@l 80; 2-crown, loose Sc; 3-crown, loose
312CG334c; 4-crown, loose 4G5c
EAcHEs-Unpeeied 1855, 534@s1ac; peeled
PRUNES-Four sizes, 41ac.
ALMONDS-Papershen l1@12c.
HOPS-Quiet, steady; State common to choice
3@l0c; Pacific Coast 21201Oc: London marke
unchanged.
wooL-steady, quiet: domestic fleece, l6@22c
pulled, l5934c; Texas, 9@13c.
Merchandise.
PIG IRoN-Steady: American Sl2@14
COPPER-Quiet; lake, 81 30.
LEAD-Quiet; domestic, So 271a
TIN-Dull; straits, $l2 IS: plates quiet.
SPELTER-Weak: domestic, So 80.