The San Francisco call., 1895-05-18
NEW YORK MARKETS.

NEW YORK. N. ", May 1.-THE stock mar
ket opened irregular and continued unsettled dur
ing the greater part of the morning active
trading. London was first seller and then be-
came a buyer and there was considerable local
selling on the long account which showed profits
The profits in the active shares slight, but
some of the specialties made wide exchanges. Be-
fore noon the market had steadied ITSELF the buy
ing movement had become more pronounced and
prices had begun to move upward, and this
the temper of the market when the announcement
was made of the declaration of the regular l per
cent quarterly dividend by the Burlington direc-
tors. This action, although entirely expected,
had the effect OF bringing new buyers into the
ket, and coupled with the statement that this COM
pany and the Chicago and Northwestern Company
had successfully hoated bonds to the amount Of
81, 100000 and S1,500,0O0, infused life into
the stock market.
The Grangers were of course most prominent in
the advance which followed, but the general list
with some unimportant exceptions shared in the
Improvement, and the market with an occasional
reaction continued to advance to the close the final
dealings being strong in tone.
The speculation in bonds was active and the de-
result discloses material gains in nearly every
mortgage traded in. The sales were So, $50, 600.
Government bonds steady State bonds inactive.
Railroad bonds strong. Petroleum steady; closed
SLIP.
Grain and Merchandise.
Flour Receipts, 1850 barrels: exports l3,sOO
barrels; sales, 36,S 500 packages. Market firm
but limits at 10c advance restricted business
Winter Wheat, scarce and quiet. Winter patents
So 6O@ A: winter straights, So 3O@3 65; winter
extras, 81 70@3: winter low grades, 81 25@2 70.
Southern Flour-Dul.
Rye Flour-Firm.
Wheat-Receipts. 126,50O bushels; exports 92-
800; sales, 1875 futures; no spot Spot
higher; No. red and elevator 73c;
afloat, 7312c; +. o. b. 721ac afoat; No. l hard
1890 delivered. Options surprised professionals
to-day by their strength. There was an active
realization but in the face of this prices advanced
1A@l3s, and closed at the top. Trade was active
and nervous, with fluctuations violent throughout
7314c, closed 1914; July, 7214973Zsc, closed
1890; August. 721a@735sc, closed 733sc: Sep
tember, 725s@l74 3-16c closed 741sc; October
>7S1s@745sc, closed 749sc.
Hops-Dull
Wool-Firm.
Pgiron-Steader
Copper-Firm; brokers' price, $40 so; exchange
price, $40 25.,
Lead-Quiet; brokers' price, So: exchange price
i" $3 2212.
Tfn-Steady: Straits, s14 90; Plates market
steady.
Spelter-Dull; domestic $S 35@3 So
Sales on Change: 20 tons tin, June 30 sellers
option, one days notice, $l4 go; 25 tons july
$l4 65: SO tons, ex Mississippi, $14 20; % tons
May, $14 20.
prices to 10 points advance and ruled generally
hrmer on general buying orders and scarcity of
sellers. Speculation was slack, awaiting settle
ment OF the European clique deal. Closed firm at
1O9l5 points net advance Sales, IL $50 bags in
Guiding: March, $14 40@I4 AS: May, Sl3 sOa
tenaber, $l4 60;: October, $l4 65@l4 20; Decem-
ber $14 500ll4 so.
Spot Coffee-Rio quiet: No. z, 1890: mild
steady; Cordova, lSt4a19c. Sales, $500 bags
Maracaibo 1000 Savanila and 800 bags Central
American.
sugar-Raw, firm. Sales: $4,000 bags centrfn-
GAL 30 test. at $3.50, ship; 275O bags molasses
sugar, 80 test Z34c; refined, quiet.