The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-10-30
NEW YORK MARKETS.
Financial

NEW YORK, y. ", Oct, 29.-An advance in
sterling exchange TO 1882 and 1872 started q
brisk selling movement in stocks in the first hour
OF business. The strength of exchange, OF course,
revived the talk about exports OF gold, but leading
bankers were Of the opinion that shipments were
not likely this week at least So far as next week
is concerned, however, they were not so confident.
The greatest pressure during the early part Of the
day was directed against the Tndustrias and Read
ing. The last named fell from l77s to is rs, raj
Led 10 1872 and dropped To and closed at l IS.
Rumors were current that the assessment on the
stock under the proposed plan OF reorganization
will certainly be so and may reach $50 while
the income bondholders Will probably have 10 pay
So for which they may receive a little new pre-
ferred stock in exchange. The stock unuSu-
ally active and figured for 10000 shares in a
grand total OF 276,S64 shares.
IN the industrias Tobacco was particularly weak
and dropped 37s per cent to SO reports that the
fight with the plug tobacco people was costing the
company dearly. sugar. steady for a time,
but IN the last hour, on aes by brokers' supposed
10 be in the employ OF Wall street interests. the
sock broke l$4 to 1Ol1s; General Electric sold
down from "a p 10 1924 and Chicago Gas from
6S1s to 6614. The decline in the last-named was
attributed 10 sales by holders whose margins had
been weakened by losses in o her parts Of he list.
The raj way list fell oil IA to l3 per cent In SYM
patty, but in the afternoon the losses were par
Italy recovered owing the favorable Septem Der
statements OF The Chicago Burlington and Quincy,
Chesapeake and Ohio, Minneapolis and st. Louis
and Canadian Pacific.
Pacific Mali shot up from 9014 to 3l11s on the
old story of settlement with The Panama. but
later returned 10 oO12 In the last hour the bears
resumed aggressive tactics and the Improvement
noted was not only lost but number OF the lead
ing stocks touched the lowest point of the day.
The particularly weak stocks al this time were
Reading, sugar, Jersey Central, Atchison, Canada
southern, TIL Changers and General Electro.
Erie Telephone ana Telegraph made sensational
drop OF II points TO SO, rallied to 81 bid and closed
al Sc. The sales we're only 1900 shares and the
break was considered to be simply an old-time
scoop" The general market closed weak and
ia to 314 per cent lower on the day National
Starch preferred rose 4l4 to 1914.
Bonds were weak. Sales footed up S., 235 600
AtchiSon adjustment tours fell q 10 5212; Kansa;
J. Z. IN n IFHnc
Fort Worth ana Denver City skies certificates, u
to IL; Kansas and Eastern first ives, 21a to 90
TO 20 do, thirds. 10 IA st. Paul General tours
10 95; Texas Pacific frsts, IA TO SS14; and
United States Cordaee skies certificates ! "A to
4&34 Northwest Consolidated sevens rose Ia
TO 14l$4 and Ontario and Western refund TOURS
N Government bonds at the board $1,000 cur
rency SKIES OF 1896 sold al 10215
The Mercantile : afe Deposit Company reports
silver bullion on hand 157,025 ounces; certificates
outstanding, 1877.
Grain.
FLOUR-Steady, demand moderate Winter
wheat low grades, 81 25d2 60; do fair 10 fancy
81 9095 as; do, patents, So 50G3 rs. Minnesota
clear 81 1898 %; do, straights So 2OG3 SO; do
patents, 50 1894 20; low extras, So 25@2 so; city
mills, So s5@4; do patents, 81 20@4 AS. Southern
Flour-Qniet, steady, common to fair extra, 81 II
az 80; good 10 choice, 81 1908 80.
CORN MEAL-Quiet, steady Yellow Western
Ply Nominal. No. . Western, 42@43c; State
and Jersey. 44945c for car lots
BARLEY-\ onlinal. No Milwaukee, 46@5Oc
Western, A5@50c.
EAr-Spot market easier less active. No
red store and elevator 705sc atioat, 721sc; f. b.
705sc: No. Northern 6SI4c. Options advanced
1st "A on reports OF drought and lighter shipment:
from abroad; declined easier cables, rain re
ports from the West and LEGAL unloading. CLOSING
weak at isG12 below vest erday, with irading more
active; December and May most active. No. 2 RED
January, 6s$sc; March, 7014c; May, zoe; oc
CORN-Spots easy, quiet. No. 2, 37a3714c ele
yator Se$s@3s12c ahoat. Options were moderately
following wheat closing weak; May and November
most active. october, 3l1sc: November, 3668c
December, 351sc; May, 353sc.
OATS-Spots quiet, easy. Options, dull. easier
October, 2312c; November, 233sc; December
S%ssSS May 25524e Spot priess@No & 2s1se
2l@S5iac; white, do, 24@261ac; white State
Provisions.
LARD-Quiet, lower; Western steam closed a
50 IS asked: city, s. 5o@5 50; October, SIS sag
American, So IS; compound, 41a@47sc.
PoRK-steady, quiet; mess, So -75@iO 25.
dairy 12s2i12c; do creamery, 20923c; Western
dairy, 1O9l5c: do creamery, l4(g23c: do June
lt@22c; 10 factory, sGl4c; E!gns, 23c: imita
CHEEsE.Quief, firm; State large, 7@l4c: dc
small 712g1lc; part skins, 312971ac; full Skins
EGGs-ouiet, steady; State and Pennsylvania
2l@22c; Western fresh ls@20c; lined. 169161ac
,r,, III m steady; city, 3-l6c; coun
C0TfONSEED oIL-Steady. quiet; crude. 24c
yellow prime, 2712c: do, of grade, 261a@12714c.
RlCk-Steady; domestic, $4,000; japan, $3.50
LAssEs-Foreign, nominal; New Orleans
COFFEEo-Barely steady, 10 points down 10 2(
points up; October, $l5 600l5 10 10; December
Sl4 9O914 95; January, $14 80; February, Sl4 65
March, S14 55@14 so; april. $l4 80; May Sl4 II
Ola 20. Spot Rio quiet, steady: No 7, l55sc.
sUGAR-Raw, about steady. moderate demand
Fair refining, $3.50; Centrifugals, 90 test 3-I6c
Rehned-ouiet, steady. on a, 3-16@48sc; mold
\. 41sc; standard a. 45sc; confectioners' A
412c; cut LOAF and crushed 514c: powdered, 47sc
granulated, 45s947sc; cubes, 47sc.
Fruit and Produce.
CALIFORNIA FRUIT-Raisins, London layer
81 25@l 40; do 4-crown 41215c.
PKU NES-Four sizes, sligo.
ApRICOTS-Bags S@1lc.
PEACHES-Unpeeledb bags 3Ad61Sc.
ALMONDS-Papers shell, ll@l2c.
HOPS-Quiet; State common TO choice. 3EnlOc
Pacific Coast, l0c: London market uncha nged
WOOL-Quiet. Domestic fleece, l6@l22c: pulled
15@34c; Texas, 9@l9c
Merchandise.
PIG IRON-Steady. American. $l2614 So
COPPER-Dull, lower; lake, Sl1 65@l1l 7b
LEAD-Easy; domestic, SO 80.
TIN-Firm: straights, $l4 So: plates quiet
SPELTER-Easy; domestic, So 80.