The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-12-24

Financial.
NEW YORK, n. Y, Dec %. Wall street
breathed freer to-day and there was consequence
a decided gain in prices. The market received its
first impulse from London, where American secur-
tiles opened with gains, extending TO per cent IN
some Instances. Our market followed quickly and
in the initial trading sharp rises were recorded in
the entire list Buying orders on large scale then
made their appearance in the market and a steady
appreciation ia values followed The buying was
stimulated by the action OF the New YORK Clear
ing-houSe Association, which decided at meeting
held at TO issue loan certificates if required.
This means that no brokerage concerns with any
thing like marketable collateral need pay fancy
rates for money and is of the greatest importance
TO the street Almost simultaneously with the
official announcement of the clearinghouse action
there were heavy offerings OF money by j. Pier
pont Morgan d Co., Flower q Co. and other promi-
nent firms. and call loans which had commanded
as high as rs per cent pledge OF fancy stock as
collateral, dropped quickly TO per cent on the
regular dividend payers and finally fell to per
cent.
up OF stocks for cash. The fact that the settle
mentS at the Stock Exchange Clearing house
passed through successfully and a belief that
President Cleveland Will acJ promptly in the mat
ter of replenishing the gold reserve IN case Con-
gress should delay, both acted as sustaining in
fuence. Late in the day the failure OF H L.
Langhaar was announced, but this had no eIfect,
is generally believed that the liabilities OF the
concern are small. The improvement is prices
ranged from l to per cent, and at the close the
gain was well maintained.
The Important advances follow: Pullman Palace
rose to 80, Consolidated Gas 10 1464,
Rubber preferred S12 10 IS, Lake Erie and West
ern preferred 61s to SIG Metropolitan Traction
10 as AtcbIson preferred 40 to 2l1S Rock Island
81 to 6514, sugar 10 81, 40 preferred 2I to 95,
Alton and Terre Haute to so, Tobacco to 1875,
Bay State Gas 314 to 20$4 Big Four 8 10
Gas gig to 641a, Northwest 10 81 st.
Paul Az to 6512, Colorado Fuel 3$4 to "a,
Lackawanna to l61, Delaware and HUDSON 314
10 1913. Denver and Rio Grande preferred 35s TO
43&4. General Electric 23s to 251a, Iowa Central
Vile and Nashville 21s TO 437s, Manhattan 2$4 TO
10l12 Kansas and Texas preferred to "a, Mis-
souri, Pacific PA to 2314, Lead to 2412 do pre-
ferred to S212, Jersey Central 6 TO SO, New York
Central to 971s Susquehanna and Western pre-
ferred to rs, Pacific Mail to 2612 southern
Railway preferred TO 2542 Omaha TO Sc. Ten
nessee Coal to 20, Leather preferred to 50,
Rubber common 3$4 to "a and Western Union 2$4
to $3.50.
Specu lation closed firm Total sales were 392,-
72S shares, including, 1900 St Paul, $500
Sugar, q, 800 Chicago Gas, 21,1OO Atchison and
5000 Burlington and Quincy.
Railway and miscellaneous bonds were irregular,
but in t main firm. The mortgages, which suf-
fered severe losses last week. scored recOVerfes of
l to per cent. The total sales were $3,20l 600.
Atchison general tours, when issued, rose 419 10
4 TO ~, do second class 3s4 TO 2214,
Chesapeake and Ohio four and halls
TO II to SO, Burlington and Quincy
consolidated sevens to 100, Colorado Midland
consolidated tours certificates 134 TO 2I34, Iron
Mountain general fives to 81, Kansas and Texas
twos Az to 5612, Laciede Gas lives to 93,
Northern Pacific consolidated fves to 35, do col
lateral trusts skies 224 TO 1912, Northwest deben-
fves of 1909 TO 105, Reading tirstS preferred
2 TO %, Rio Grande Western tours TO IA, st.
Louis Southwestern frsts to 20, do sec
onds 212 10 %, Savannah and Western con-
solIdated fves certificates TO IS, South
western Railway consolidated fves 334
to al3L Denver and Gulf consolidated fiyes 2 10
81, United States CorGage skies certificates 8 to
2S12 Wabash Iirsts q TO lU4, do seconds to II,
and Wisconsin Central fves certificates Big 40.
Cotton Oil debenture Fights fell 2 10 10S, Beech
Creek tours 4s4 to 102, Colorado Midland general
SKIES certificates IA to 70, Colorado Coal con-
Consolidated lives ) to Sc, Denver and Rio
Grandee tours 51a to 8612 Duluth and
see divisional fves Az TO III, Hannibal
and St Joe consolidated skies 312 to 1l61a,
Kentucky Central tours 10 So Lake Erie and
Western seconds Az to 100, Louisville and Nash
Vile unified tours 10 76. Ohio Southern tours 4 to
%, .oregon Short Line skies 712 TO 100, Peoples
Gas OF Chicago (conso.idated) skies 512 to IS,
Omaha consolidated SKIES IA 10 12E12, and
Union Pacific general 412 certificates 5l4 10 45.
brough l1212G112, or decline OF l12 per cent.
The Mercantile Safe Deposit Company reports
silver bullion on hand 208,l ounces; certificates
outstanding. 20S.
Grain.
FLOUR-Dull; easy. Winter wheat, low grades
So 25@2 65; do, fair to fancy, So ESQ $50: do
patents So 1898 rs; Minnesota, clear, 50 5O@
TO- do, strai gifts, S313 IS; do, patents, So 5fd
90; low extras, SO 25@2 IS; city mills, So 9OG9
90; do, patents, SO 90a4 Is. Southern -four
Dull; easy common 10 fair extra, 81 1912 so:
good TO choice do 50 90613.
CoRNM tAL = Dull; steady. Yellow Western,
RYE AND BARLEY-Nominal
WHEAI-spot market fairly active; frmer.
No, 2 red store and elevator, Csc; afoat, 691ac;
!. o. b., 6S(G6STsc; ungraded red, 62070c; No. /
Northern o5c options moderately active
and firm at 3s@58c advance tirrner cables, bet
West and local covering May and January most
active. No. red, January, 645sc; March, 663lsc;
May 6514c; June, csc; July, csc: December,
CORN-DuIl; firm. No 2. 1894 @34c, elevator:
"494g33c afloat Options, dull; unchanged to 14c
up, closing hrm; May only traded in. December,
$3.50; January, SO 1sc: May, 341ac.
OATS-Dul frIner. Options dull, frmer De-
S Sd 937 2Sc; Jannary 2S4e; March 2s5sc;
white, 2414c; No. 2 Chicago, 241zc; No. 3, 22c1A:
No: white. 2414c; mixed Wesi ern, 23@241ac;
whlle 90, Z49ZSc; white State. Z4G2Sc.
Provisions.
LARI-Quiet firm: Western steam. SIS so. Cfrv
50 IL; December, So 50; refined quiet; CONT
nent, So; South American, So 80; compound
$45s@5.
PORK-More active; steady; mess. So 75@e 25.
BOIIER@Duti; large receipts; lower; State
dairy, ll@l9e; do creamery, 1SG25c: do June,
1Td23c: do factory. 10d1Sc; Elgips, 25c; imitation
creamery, 15@2lc; rolls ll@lSc.
CHEESE-Quiet; firm. State large 71hMlCc: do
fancy, 9$4@10c; do small. 734@l01ac: Western
small, 944gl014c; part skins, 314@7c; full SKINS.
2@3c.
EGGs-Quiet. unsettled; state and Pennsylvania.
20@25c; southern, 20@2l 12c: icehouse, l612@19c;
do p case, So 7594 %; lined, lie
TALLOW-Quiet; unchanged.
GoTToN H OIL : steady; quiet. Crude,
Paige; yellow prime, new, .S@2S12c; do, off
grades, 27(12712c.
RICE-Fair demand; firm. Domestic, s@5s4c;
MoL1ssES- Fairly active; firm New Orleans,
2S@36c.
CoFFEE-Inactive; unchanged to points up
December $l3 So: January, $l3 So: February
$l3 30; March, $13 45@13 80: May, $I2 95@
ID: Rio dull, steady; No. z, l41ac.
SUGAR-Raw dull, steady. Fair refining. 31sG
314c; centrlfugals, 90 Iesg. 312135Sc; refined
quiet; OF A 3-l6 a 4ssc: mold A, 47sc:
standard a, 45sc; confectioners' A, 412c cut LOAF
and crushed, 514c: powdered AZ sc: graduated
4ssa4s4c; cubes 47sc.
Fruit and Produce.
CALIFORNIA FRUITS-Market today en-