The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-08-25
NEW YORK MARKETS.

NEW YORK. n. Y, Aug. 24.-Rains in the
corn belt general lowering Of the posted rates of
sterling exchange to 81 S912@4 9012 the gain in
st. Paul earnings for the third week of August and
buying of moderate amounts of stock by arbiIrage
houses contributed to strong market for railway
stocks during the days short session. Northern
Pacific preferred a marked exception, how
ever, and liquidation the price dropped from
IVA to 1912. The immediate cause for the decline
In the stock was the filing of bill in equity by
Thomas W. Pearsau of New York against the
Great Northern Railway 10 prevent the proposed
deal between the companies. ..-.-.-.... -.---
While these tactics delay the reorganization of the
property the impression is that the Morgan interest
Will eventually take hold of the property and place
IL on It's rect IL Is also certan tHat orastlc meas
res Will be adopted and the Junior security holders
will be asked to contribute the bulk of the money
received 10 rehabilitate the system. Northern Pa
cihc weakness, however. had little influence, the
brilliant outlook for the crop being considered Of
far more Importance than the misfortunes that
the concern specified. AS a rule the the best fig
ures OF the week were made for the grangers, St.
Paul selling at 1919, Rock Island at 81, North
western 104Sls and Omaha al 421s.
The general railway list ruled strong. but the
changes were unimportant. In the industrals To-
bacco was unsettled. The stock advanced to 9SS4,
firm in the early trading at 1097s@11O1s. Suisse
quently selling movement set in and the price
receded 10 l091s. Considerable was heard again
to-day about the light demand for refined and the
pnlng up Of raws It noticed, however, that the
brokers employed to sell the bulk of the stock
were those generally identified with the specula-
tive element. Chicago Gas was firm and General
The market closed strong in tone. Net changes
show gains of 1A611s per cent: Sugar and
Northern Pacific preferred lost 1a@1 PEI. cent.
Total sales were S3,506 shares, including Il, 500
ST. Paul, 5000 Tobacco and $500 Sugar.
Bonds were active and strong, sales footing up
the largest total for a half holiday, being ST.
263000. Atchlson fours rose Is 10 S114; do adjust
ment fours, 112 10 as o. ). Cordage SKIES, I to As
do certificates Is TO 457s; Rock Island registered
sevens, / to 121; Kansas and Texas seconds, Il to
-677s; and Erie seconds consos stamped, to 20.
Grain and Merchandise.
NEW YORK, n. Y, Aug. 24.-Flour, weak
neglected. Winter wheat-Low grades, So 15@
2s6O; do, fair TO fancy, 80 90G9 80; do, patents
So 5O@3 so; Minnesota clear 81 s5@3 rs; do
straights, SO 1898 so: do, patents, SO 3D94 20;
low extras, 50 1892 80; city mills, So 90@4 Is;
DO patent, 81 2o94 As; Southern flour, dull
weak; common to fair extras, $292 80: good to
choice do 81 9O@3
So
Wheat-Spot market dull; easier with options.
No. 2, red, in store and elevator 6714@671ac;
69a70c; No. / Northern 69fSc. Options advanced
ssG12c On foreign buying and hrIner cables; fell
3s45sc with the West and closed steady 1sc
decline, with moderate trade. December and
September most active. August, 67ssc; Septem-
Der, 6s1ac; October. 677sc; December, 6912c:
Corn-spots dull and easier. No. 2, 4Ss4@3 44c in
elevator: 4412c afloat. Options were dull and
weak at 1463sc decline, following the West. and
on local realizing May and September were most
active september closed 4I7s@42c; October,
4l1a@41s4c; May, 377s9373sc.
Oats-Spots dull but steady. Options dull and
easier. August closed at 25c; September 243sc;
October, 237sc: Spot prices: No. 2, 2o@2514c;
No. White, Csc: No. Chicago, 2614ta2634c;
No. 8, 2412c; No. White, 26c Mixed Western
25@2Sc: White State and Western, 25@34c.
Pigiron-~Firm and ii fair demand American,
81 50@12.
Copper-Firn. Lake, s12 %.
Lead-ouiet. Domestic. So SO.
Tin-Quiet firm. Straights S14 3091z 35;
plates, fairly active, firm.
Spelter-Firm. Domestic, 81 10.
Hops-Dull. easy. State, common TO choice,
3@7c Pacific Coast, 497c. London market un-
changed.
Wool~ouiet Domestic fleece, 16@22c; pulled,
15@34c; Texas 10@14c.
Lard-Quiet, easier. Western steam, So 30;
City $6@1 10; September, sc 81, nominal; re-
fined, moderate demand; Continent, Sc 10; South
America, 81 20; compound, 45s95c.
Pork-Dull, easy; $11@11 80
Butter-quiet, unchanged.
Cheese-Quiet; firm. State large, 6G734c; do
fancy, 71a@7szc; do small, o14@812c; part SKINS
214@614c; full skins, 11292c.
Eggs-Firm. state and Pennsylvania, 15(G151hc;
Western, fresh. 14015c: do per case, 81 50@4
Tellow-stesdy, CITY, Az; country, 412944.
Cottonseed oll-Quiet, unsettled Crude, 24c: yell
low prime 26s4c; do good, of grades, 263sc asked
Rice-Steady. Domestic, 4ss96c: Japan, 3s4@
Molasses-Moderately active, firm; foreign nom
inal. New Orleans. 26@32c.
Coffee-Closed steady, unchanged to 10 points up;
August, $14 70; September, S14 70; October,
sl4 so: December, $14 65. Spot Rio, dull,
steady: No. z, Ice.
sugar-Raw, nominal. Fair refining 1885,
centrifugals e6 test, 314c refined, quiet
steady: on A, 3 15-16CG414c; mold A. 9-16@34s4c:
standard a, 4 5-l6G41zc: confectionery A. 3-16
G14ssc; cut loaf, 16-16tg51sc; crushed, 1915
951sc; powdered and cubes, 9-l6@4s4c c; granu-
81 *