The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-29
NEW YORK MARKETS.

NEW YORK, n. Y, May 2S.-Speculation on
the Stock Exchange to-day was heavy in tone, and
there a steady decline in prices from the open
ing the close of business with one or two excep-
tions. Reports from the West and Southwest re-
garding the growing crops received confirmation
in the sharp advance in the grain market. The
London market for American securities was weak
and helped to lower figures here General Electric
strong in the early dealings and rose 11s per
cent, but closed within p per cent Of the low fig
ures.
Susquehanna and Western shares resumed their
downward movement on the renewal of reports
that President Borg about TO resign and that
obligations entered into by the company were bear
ing heavily on it, The common stock declined IA
per cent TO 1914 closing at 1912 the preferred fell
of Az TO o. closing at recovery of PA per cent.
Pacific Mail was in good demand on reports that
the earning capacity of the company to be in
creased. An advance of 11a per cent was made
in the morning all but II per cent was lost in the
subsequent trading. Terre Haute rose S1a
per cent on purchasing of 500 shares, bringing
the stock up to &c. against 35 the low point OF
the year, touched on February s..
The declines made in the general list from last
nights closing or the best prices of the morning
are: Denver and Rio Grande preferred, Northern
Pacific preferred and National Linseed per cent;
Northwest and Union Pacific IA; Sugar, st. Paul
and Burlington 1885, Great Northern preferred 5.
Speculation closed heavy. The bond trading
generally firm for the greater part of the day, but
patty with the weakness Of the share speculation.
The sales were 50, l43,0O0. Government bonds
firm. State bonds firm, inactive. Railroad bonds
easier.
Grain and Merchandise.
Flour-Receipts 34,4O0 bbls; exports $4,000
bbIs: sales, ID, 400 pkgs. Market firm with winter
wheat in fair demand, Spring grades neglected.
Rye -four quiet; sales. 200 bbls.
Wheat-Receipts, 10000 bushels; exports
80 900 bushels; sales, 10,320,000 bushels futures
Spot, none. No. 2 red store and elevator SIC;
atioat, S21sc; +. o. b. $3.50 afioat No. l hard
SS1sc delivered.
Options opened inactive and higher on outside
buying and reports OF damage TO winter wheat by
hot winds. Sold OFF under vigorous pounding by
the local bears and foreign houses, ruled irregular
at noon but finally advanced decidedly on hurried
tine. Closed 12G17sc higher. No. Red-NIay,
closed 81 7Sc; June, S05S@S21sc closed S21sc:
sgIy SlSsSs closed sSc ASS5qst $50
closed S37sc; October, 234@S914c closed STAG;
December, 1894 9S5ssc; closed S5ssc.
Hops-Dull.
Wool-Firm.
Petroeum-Heavy. United closed 81 SIS bid
Pgiron-Steady.
CoDper-Strong; brokers' price, $40 SO; ex-
Change price, $40 60@10 IS.
Lead-Strong: brokers price, So O71s; exchange
Tin-Easy; straits, sl4 25@l4 35 plates,
quiet.
Spelter-Firm: domestic, So 55@3 so. Sales on
Change: 10 tons September tin $14 95
Coffee-Options opened steady at unchanged
prices to points Decline and, for the of the
session, ruled quiet and featurelesss, with foreign
in different and outside speculation slack.
steady at partial advance of points. Sales $500
bags including March, $14 70; July, S14 30;
September, S14 S5@14 IS; October, $l4 95: De
cember. $l4 SIS.
Cordova, 1S14@1s1@c. Sales. 1000 bags Rio No.
2634c -O''
Sugar-Raw, easy: fair refining, 2 1916: CEN
hhds. Muscovado. SO test, at 1916; sos bags
moiasses sugar, SO test, at 2 -16c. Refined dull.