The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-07-11
NEW YORK MARKETS.

NEW YORK, n. Y. July 1O.-The bears in
stocks made vigorous raid on the industrials
shortly after the opening with view it is thought,
of covering their contracts in other parts of the
list. This theory proved TO be correct, the mar
ket after the raid began to steady, improved and
closed strong with an advancing tendency. AT the
opening the railway share market strong. the
result of London huying the heavy gain in ST. Paul
earnings for the first week of July and the excel
lent outlook for the growing crops. 1t should be
remembered; that, so Jar as the St. Paul earnings
the strike period of 1894 Industrias in the first
hour showed some remarkable changes. Chicago
Gas dropped 21s to 52$s leather 112 10 II, leather
preferred 4$4 to 81, tobacco 17s to 1lls4 and
sugar rs TO 1101s The heaviness OF those
and in the afternoon trading the bears were busiy
employed taking back their short contracts.
London was buyer OF its favoriteS throughout
the day, paying particular attention 10 Louisville
and Nashville securities. This stock to 603sc,
while the mortgages gained anywhere from 9 to
and &c. The grangers, Louisville and Nashville.
Missouri Pacific and Lake Erie and Western Com
mon, were all higher and scored the best figures
for long time past. The industrials were also in
better request in the afternoon trading and liberal
buying to cover shorts. Chicago Gas advanced to
$3.50, sugar to 81 11$4, tobacco to 81 1879,
to the report that the American Tobacco Com
pany had obtained control of the Lorillard Com
pany, director of the latter says that there Is
truth in the report. The anthracite coalers were
heavy for time on rumors that there had been a
hitch in the negotiations looking to settlement OF
the trade troubles.
Speculation closed strong, with prices anywhere
from "A to 1873 per cent higher in the day. Leather
were 322,O1s shares, of which $4,000 were Chi
cago Gas and $500 Reading. Sales footed up
50, IS 600. Louisville and Nashville SIS rose pa
10 9952. Hooking Valley SIS I TO 81, Atchison AS
rs TO 1875, American Dock SIS 13s to 1l3. Louis
vile and Nashville Southern and Northern Ala
banla SIS to 100, Susquehanna and Western SIS
/ TO S912. Northwest Sinking Fund 6s 134 to
III, and Oregon Improvement SIS 11s to 5O1s.
Baltimore and Ohio Parkersburg Branch SIS
jumped 5 to 1913, Houston and Texas Central de
benture 6's rose to go.
The bond market was active and strong.
Grain and Merchandise.
FIour-Dull; unsettled. Winter wheat low
grades, 81 70@3 80; do fair to fancy, So 5O@4; do
patents, 81 20@4 %: Minnesota clears, SO loo
so; low extras, 50 zoos 80; City mills, 81 IS:
do patents 81 so; Southern -four, dull, easy
common TO fair extra, 81 4O@3 Is; good to choice
do. So z0(14.
Cornmeal-s Steady, dull; yellow Western, So 500
Wheat-Dull, 2s4@3c higher, closing firm. No 2
red, store and elevator 6S12c afioat, 691a@6934c;
70. b., 69$sg7O5sc: ungraded Red, 62@70c; No
Options opened excited and firm at 31b@35Ac
advance on foreign and local shorts covering, fel
11492c, closed firm, 234c over yesterday, with
trading fairly active September and Decent Der
most active. No. Red July, 681sc; August, sc;
715sc; December, 7214c May, 7512c.
Corn-Duli, easier: No. 2, 4714c, elevator, 4SSs
@49c afoat. Options were dull andirregular closing
weak at 7s@1c advance, following wheat, and
September only traded in. July, 47i4c; August,
413Sc; september. 4Sc.
oats1Dull firm Options dull firm: July and
September. &c. Spot prices: No 2, 27027$4c c;
No 2 white, 3393312c: No. 2, Chicago 2s@2S$4c;
NO. 3, 26g2612c: No. 3, white, 33c; mixed
Western, 2S@29c: white State and Western, 320
39c.
Hops-Moderate demand; steady; State. COM
mon TO choice 36S1zc; Pacific Coast, 309c. Lon
don market unchanged.
GA so.
Copper-Firm; Lake, 80 8o@l0 So.
Lead.Easier; domestic, So 1908 80.
Tn-Steady; straits, $14 05; plates, fairly active;
firm
Spelter-Easy: domestic, So 571a03 60
Wool-Fair demand, firm; domestic fleece 800
Ice: pulled, l2@3Oc; Texas, 9912c.
Beef-Quiet; steady; Family, $11@13; Extra
Lard-Quiet. lower: Western steam So; city,
So 1912 September, So 65 nominal. Refined CON
tinent, 81: South American. 81 80: compound.
Tork-Fair demand; Mess, s12 25@l3 90.
Butter-Dull and weak; State dairy ll@1615c;
DO creame 15 l7c; Western dary s@l9c do
imitation creamery, 1l@14c.
Cheese-Quiet. barely steady: state large. 614G
&c: do fancy, 734@sc; do small, 6s4@S1ac; part
skins, 212q5c: full skins, 112pZc.
Eggs-Fairly active: firm; State and Pennsylva-
per case, 81 50@3 so.
Tallow-ouieI, steady; city, 4asc; country,
Cotton oil-ouiet, easy; crude, 2sc bid; yellow
prime 25$4@26c; do good OF grade, 25s4c.
Japan, 4d412c.
Molasses-Farly active, firm: foreign, nominal:
New Orleans, 26G32c.
Coffee-Steady 56l5 points m. July S1A az.
august $l4 75G9l4 SO; September, Sl4 75@l4 IS;
October s14 S5914 go: December, $14 75(114 so;
spot RIO, steady, quiet; No. z, $15 so.
Sugar - Raw, firm and quiet: fair refining
27sc: centrifugal, SO test, 31lc; refined, fairy
active and firm; on A, 41s@143sc: moldA 4 Ill 6
A. 4 5-l6@412c: cut loaf and crushed, s Lion
612c: powdered. 434G4 1876; granuIated4 7-l6