The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-12-28
NEW YORK MARKETS.
Financial.

1nAnclaI.
NEW YORK, \. V, Dec. 27.-Stocks were
weaker to-day. At the opening London was a
seller and cables reported general decline III
American railway securities abroad. Following
this So 100000 in gold engaged for shipment
TO Europe tomorrow. and this had disturbing
effect on marginal holders of stocks. Besides this
the street was inclined to take less hopeful view
OF the prospects for financial legislation at Wash
ington. The result general decline of 14@
l19 per cent in the first hour of trading. In he
downward movement Sugar. the Grangers LOUIS
VILE and Nashville, Manhattan, the Southwesterus
and Jersey Central were most prominent.
the decline brokers representing bear opera
tors were liberal purchasers and the early loss was
recovered. Chicago Gas was especially strong ut
this time and advanced to 6734 on the decision
by Judge Bischoff in the Whitner case, which, it
was claimed removes all the legal obstacles in the
way of recognizing the company.
IN the afternoon trading Baltimore and Ohio
showed great weakness aud under lsuidating sales
fell TO 49, The final transactions yesterday were
at 4012. The break in the stock due TO the
revival of the rumors about an impending receiv-
ership and an issue OF ten millions of new preferred
stock TO provide for the floating debt and other
purposes.
These reports led to the selling of Western
Union, and his stock fell from S612 to S31h. the
argument having been advanced that if the rumors
about Baltimore and Ohio were true the company
would necessarily have TO sell its block of tele-
graph stock. Pitsburg and Western preferred in
sympathy fell per cent to 49, The Baltimore
and Ohio hold controlling interest in this prop
erty. The general list held well for time but
finally the depression in Baltimore and Ohio and
the decline in Western Union had a demoraliZing
effect and in the last half hour there sales of
all the leading issues. Speculation closed weak IN
tone with prices anywhere from "A to 314 per
cent lower or the day. Baltimore and Ohio, how
ever. lost . u per cent.
sugar, 25.2O0 ST. Paul and $4,000 Western Union.
Bonds were weak. Sales footed up 81 ,S59, 600.
Kansas ana Texas seconds fell TO o.; Louisville,
New Albany and chicago hrsts, to ia; do
seconds, 2$4 to 81; Nashville. Chattanooga and st.
Louis consolidated fves, to 80; Northern Pacific
consolidated tives, ~ to 3212 Reading first pref
erence, 112 to "a; st. Louis and San Francisco
seconds, class G, az to 11d12; ST. Louis and
consin and Milwaukee fives, ia to 1854; do
South Minnesota skies, 10 TO 1852
Savannah and Western consolidated fives certifi-
Gates, 21s TO 621a: Southern Railway consolidated
fves, TO 9112; Wabash debenture, series B, 41s
TO %: Detroit and Chicago ex-fves, to 90 and
Wisconsin Central fves certificates, PA to 4O14.
Kansas and Texas tours rose l to "a, Lake Erie
and Western seconds ia to 1922, Lake Shore first
consolidated sevens to III; Ohio Southern
1919
brought 1872 ana $1,000 coupon fves regis
tered, 1872.
The Mercantile Safe Deposit Company reports
silver bullion hand 20S.l38 ounces; certificates
outstanding. POS
Grain.
FLOUR-Dull: easy. Winter wheat low grades,
SO 25(02 IS do fair to fancy, 50 6563 80; do,
patents, So 4503 10; Minnesota, clear, So 500
B 10; do, straights S3@3 IS; do, patents, SO 5(1
/: do patents So 1904 is. Southern Hour
Dull; easy. Common to fair extra, 81 l0G2 so;
good TO choice do, 50 90@3.
CORNMEAL-Dull; steady. Yellow Western,
So 30@2 IS.
RYE-N omnal.
BARLEY-Nominal; No. 2, 47c; ungraded
Western, 39@4sc.
WHEAT%Fairiy active. No. red store and
elevator, CSC. afoat, 6912c; f. O. b., 6S96S 1sc:
ungraded red, 62@7oc; No. l northern. 661s@
Options opened weak at lac decline on foreign
selling weak West and local realizing: rallied
14@1ac on local covering, and closed firm 1sC9
$sc over yesterday, with trading fairly active.
Nov nd * Loo
February, 6512c: March, 665sc; May, CSC; July,
$3.50: December 6412c:
35c aioat. Options dull. firm and unchanged. De-
cember, sac; January, 1890; May, 34ssc
.cember, 231sc; January, 231sc; May, 23s4 c.
Spot prices-No .. 23i4c; No. white, 2314c: No.
mixed Western, 2312@241sc; While do, 24@2sc;
white State. 2402Sc.
Provisions.
LARD = Quiet easy; Western steam, SIS so.
nominal: City, SIS 10; December, S5 so nominal
refined, quiet: Continent, Sc: South American.
So 80; compound, $45sd5.
PoRK-Quiet, steady; mess, SO 75@925.
BUTTER-Choice moderately active and IN
changed
CHEEsE-Quiet; unchanged.
EGGS-Fair demand: steadier; State and Penn
sylvanla, 2J925c; southern, 191292lc; Western
fresh, 2002lc.
TALLoW-Dull; unchanged.
COTTONSEED OIL-Dull: crude, 2415c: vel
low prime new, 2ec; OFF grades, 27c.
R1CE-Moderatey active, firm; Domestic, 3@
MoLA ssEs-Firm; New Orleans 2s@3ec.
COFFEE-Qulet: unchanged to 10 points up. De-
cember, $l3 20; January, $13 55; February,
SIS 4O@l5 AS; March, S13 40@13 so; Nav $12 95
@1305 June. Sl2 so; September, S12 O5@12 10.
spot Rio, dull, steady; No. Z, 141ac
SUGAR-Raw dull, firm; fair refining 31s0
SAC; centrifugals, SO test. $3.50; refined fairly
active, firm; on 4, 5-16G412c; mold A, SC:
standard a, 434c confectoners' A, 45sc; cut loaf,
5ssc; crushed, $3.50; powdered, sc; graduated,
4$4@43sc; cubes, sc.
Fruit and Produce.
CALIFORNIA FRUITS: Apricots-Rags, lO14a
12c.
PRUNES-Four sizes, 514@51bc.
PEACHES-Peeled, l5c; unpeeled, 5S4GS15c.
RAISINS-Londonl layers 90c@$1 rs do 3-crown,
loose Muscatel, 3G3l4c: do 4-crown, 4Gl41ac.
ALMONDS = Paper shell, 10@1012c; 90, soft
shell 1l@l2c.
WALNUTS-Soft-shell, l0c.
HOPS-Quiet: easy. State common to choice,
3@10c; Pacific Coast, 312@10c; London market
unchanged.
WOOL-Quiet; firm Domestic fleece, l6@22c;
pulled, 15@34c; Texas, 99l3c.
Merchandise.
PIG IRON-Dull. American. $12@14 so.
LEAD-Dull. Domestic, So 1898 171a.
TIN-Quiet. Straits, Sl3 So: plates, dull.
sPELTER-Quiet. Domestic, So z5G3 so.
CHICAGO MARKETS.
CHICAGO, IT.. Dec. 27.-At wide intervals