The San Francisco call., 1896-10-15
NEW YORK MARKETS.
Financial.


NEW YORK, N. Y, Oct 14-During the early
trading at livestock Exchange to-day the market
ruled active and strong. very confident tone
characterized the business, and there was good
buying for both local and foreign account Quite
q number Of operators espoused the bull cause,
bringing about higher prices for American securi-
ties in London, large gold engagements, and the
favorable statement issued by the Bureau Of Sta
tstics of the export trade of the country for Sep
tember. London houses were credited with taking
fully 1000 shares, principally ST. Paul. Louisville
and Nashville and low-priced issues The gold
engagements reported to-day foot up 81 800, ,000
and accordng'to authorities the amount to be
shipped this way by steamers leaving Europe to-
sIO,OO0,OOO.
The heaviness of sterling exchange (posted rates
had been reduced 12 to 81 S112@4 S41sl is in
terpreted as meaning that the movement this way
will continue for some time. This is borne ont by
the excellent showing made by the trade statistics
for September In that month the increase in the
exports of breadstuffs, provisions, mineral oils
and cotton is $40, l, 81 as compared with 1895
Imnorts for the same month this year have beer
light, and this is also in our favor. The advance
in stock prices during the morning session ranged
from n TO 342 per cent the anthracite, industrials
and grangers being the leaders.
Lackawana rose 3 to 156; Delaware and Hud-
son, 314 to 1731a; Cotton OIL preferred 21a 10
501a; Sugar, 5s % 109. ST. Paul, l3s 10 II; Rock
Island, ia to OIL 49, and Chicago Gas, l3s to 611a.
Tobacco was weak throughout, and on attempts to
realize the price broke from 76 to 1855. Late in
the day money on call suddenly rose to 10 per cent
bid, and this started moderate selling movement.
a react onary tendency in the cereal market also
had an adverse influence Reports of advance In
Bank of England rate to per cent L o-morrow and
a belief that the St. Pau earnings for the second
week of october Will be unfayorable also induced
realizations. The decline from the top of the day
was equal 10 12@l7s per cent, the latter in Man
haitian. q
A feature of the day was the heavy offerings OF
money by Morgan Bros after call loans had
been bid up to 10 per cent In the speciaties Illi-
nois steel jumped 33l TO 45; dropped to 401s and
closed at 4ls4. Speculation left OFF steady in
tone. Net changes show gains of 1s@7s per
Northwest 6s per cent EACH Total sales were
203,945 shares, including $4,000 Sugar 80, loo
81. Paul and II, 400 Tobacco Bonds were strong.
Sales were heavier than OF late, footing up ST. 400
600. Atchison adjustment fours rose ia TO
378s: Fort. Worth and Denver City skies
certificates, 2s4 to 6614; Kansas and Texas Sec
onds l 10 5312' do fours, to 81 81; l. &C. and w.
frsIs, first l1a 70 nag; oregon @ Short Line eonsol
ferred, ia TO A. do seconds, l 10 2914; do
thirds, ! to 27$4: southern Railway consol fives,
11s 10 "a and Wabash firsts, l to l04; Atchison,
Colorado and Pacific rsts skies brought % against
80 the last sale.
OF 1925 solo at 1i512G1l6 and $22, ,0OO registered
tours OF 1907 at 10614@l06.
Grain.
FLOUR-More active; firm. Winter wheat low
grades, 81 90@2 05 do fair TO fancy, 81 606S 40
do, patents, $3 1904 20; Minnesota clears. 81 5OQ
20;do, straights: So 1903 So; do patents 80 409
80; do, patents, $4 1904 %; rye mixtures, 81 500
20; superfine, 81 60@2 20; fine, $l'40@2 10.
southern hour, nrm, fairly active; common TO
fair extra So 20G2 80; good to choice do So 500
10. Rye flour. steady, at 81 40@2 S5.
Buckwheat Hour 81 so.
CoRNMEAL-o Quiet, steady Yellow Western.
81 95@2.
RYE-FIrm; quiet. Western. 45c 4. o. b.
WHEAr-Spot market dull; f. o. b., 7915c;
ungraded red, 6S@SGc; No. 1 Northern, 771ac.
options opened firm, but closed unsettled al Ia
l Ih2c unaer yesterday with an active trade. De
cember and May most active. No. 2 red January,
1712c; May. 79c: October, 7434c; November,
75szc; December. 7614c
CORN-Spot more active for export. No. 2,
81 12c elevator: 3212c af1oat.
Options closed steady aL 1s@3sc under yes