The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-12
NEW YORK MARKETs.

%. NEW YORK, n. Y, May lion the Stock
Exchange to-day the upward movement in prog
ress all the week received fresh impetus and a
higher range Of values was established. Although
at the opening London was a seller and local
traders were realizing profits the market was well
held and gradually gained strength, the foreigners
changing front and becoming good buyers. In the
last hour the speculation very buoyant in tone
and closed strong with prices generally Al the pesI
'of the week. The grangers are all hlgher-Central
Pacific rs, Northern Pacific l, do preferred 2s4
Canada Pacific Distilling and Denver preferred IL
Sugar "a, Oregon Navigation 31z.
Great Northern preferred closed 120 bid against
112 bid at the close yesterday. Atlantic Com
mon and preferred lost per cent each and a few
other shares are fractionaly lower on the day.
Pacific Mail opened l per cent lower on the an
nouncement that the negotiations with the Panama
RasIroad COMPANY had been Abandoned but the
decune had been fully recovered at the close.
The week has been notable by reason OF the
great activity in stocks, the wide distribution OF
business, the material advances recorded and the
large buying for foreign account. Another prom
inest feature was the decentralization OF the ster-
ling exchange market, rates at the close showing
g reduction of I'd in both long and short bills.
able excitement, and the short Interest in the
hIarkeI was frequently forced TO cover, without
regard TO the prices at which purchases had been
. madg Some ninety shares touched figures higher
than have been made at any time since January l.
.:Eommission-houses reported food OF orders from
: the more prominent financial centers OF the
country Manipulation was plainly evident in the
movement Of several stocks, including sugar, but
the character OF the general news IN clrcuIatlon
was of such nature as TO inspire confidence. The
sArpTecession in the rates OF exchange led to talk
of gold Inn ports in the near future.
The sales OF the week aggregated 2,450, 900
shares and l IS stocks were traded in.
:buoyanf, with sales of IS, 269 600. The only de-
.cltife above a fraction was per cent in Cordage
hrstS. During the week the trading in mortgages
was on a scale OF mammoth proportions, the sales
aggregating S2S 500 000 total which has not been
reached In any one week for years past. The
largest buyers were the foreigners The dealings
have been characterized by marked buoyancy, and
material advances have been recorded in most of
the securities dealt in, the Distribution of bust
ness being wider than usual and extending to
bonds which have not been traded in for more
than year.
+: Gvernmsnt bonds notably were stronger and the
leading brokers reported large sales the
try, the sales at the board being $4,000. State
bonds figured in the dealings for 100000, Of which
Exports Of specie from the port Of New York for
the week amounted to $500, 9Iz in gold and $685.
Gold 81 $50, 947 silver Sl5es5, dry goods 81 $780,,
1885, general merchandise S6,925,1S5.
Grain and Merchandise.
Flour = Receipts, 100 barrels; exports $500
barrels; sales 300 packages Markets dull
patents, So z0a3 rs; city mil clears, So 55@S IS:
winter straits, So 20G3 20; Minnesota patents So
O6G4 winter extras, 81 60G2 90; Minnesota bakers,
spring low grades, 81 9062 90.
: Rye FIour-Firm; superhne, SO 6593 rs; fancy,
Wheat-Receipts, 10000: exports, 157,5OO;
sales, '425 600 futures; $4,000 spot.
afoat; 6614c f. o. b.; 69c afoat; No. l, 721sc
delivered.
Options opened weak under bearish Government
report and lower cables, but finally partially rail-
lied coverings predictions OF frost tonight and
small Argentine shipments closed Ssc lower. No.
red May, 66G67c; July, 81 7-16967 1880,
closed 673zc: August, 6715667 Zee, closed 677sc;
September, 67Ts06Sc, closed 6S1sc; December,
6eS4 67o14c, closed 7014c.
H0ps-Dull; State common to choice old, 3j65c:
1894 at 1890; Pacific Coast, old, 3@5c; 1894, 4t9
wooI-Firm domestic fleece, 1692sc; pulled,
1e024c
Petroleum-Dun: United closed 81 so bid; re-
fined New York 50 90; philadelphia and Balti-
more, So rs; do in bulk, So 50.
Pigiron-Steady; scotch, $19d20.
Copper-Strong; brokers' price, $101S.
Lead-Strong: brokers' price, 81 95.
Tin-Plates steady.
Coffee-Options dull at unchanged prices to 5
points lower; ruled hrmer local demand from
shorts, with sellers scarce restricting business;
closed steady at unchanged prices to 10 points net
advance. Sales $3.50 bags, including: May,
S14 90@14 30; June, $14 30; July, Sl4 4OG14 65;
October, S14 45.
Spot Co1ee-Rio, quiet; No. z, Ice; mild, quiet
and steady: Cordova, 1S14G19c-
SUBURBAN., firm; fair refining. Z9Sc; CENTRUM
gal, 50 test. 314c. Sales, 6240 bags; Cuba
water Refined. quiet and steady, No: q, 7-l69
1sc; No. g. 4zsc; No 9, 11-l6941sc; NO. ~,
3sz(o3 1o-16c; No. IL, 3 1l-16931sc; No u,
9-16@3szc; No. ID, 33sc; OF A, 1-16g4ssc;
mold a, 8 9-l6@3Jsc standard A, 4 5-l694l2c;
confectionery A, 4 5-16d41ac; cut loaf, $3.50
sec: crushed, 5 1-16@51lc: powdered, 4s49
I6-16 graduated, 7-16@47sc.