The San Francisco call., 1896-09-29
NEW YORK MARKETS.
Financial.

Financial.
NFw YORK, N. Y, Sept 2S.-The tendency
of the prices during the greater part of the day
was downward Profit taking was manly re-
sponsible for the reaction, and advance in the
posted and actual rates of sterling exchange, the
poor statement for August made by some of the
leading roads and reduction made in The pri IS of
refined sugar were also contributing factors The
advance IN sterling exchange and tie higher rates
for discounts in London created impression
that the movement OF gold was over temporarily
at least, and in the absence Of details little
credence was placed in the London rumor of q
'probable shipment OF S5,UOO.OO god 10 New York
this week.
The unfavorable DEVELOPMENTS referred to in
duced some selling for the short account and close
observers of the markets course of the opin-
ion that the bear interest had been considerably
extended During the session. The grangers and
the Ddnslrials received the principal attention of
professional operators. st. Paul declining a point
10 72Sz and Su ar "a to l1134. The report that
Southern capita lists mad secured the Camden re-
hnery and intend to consolidate with interests
opposed to the irusJ found few believers in trade
circles. slshe rumor Of further reduction ia re-
fined late in the week, however, led fresh sales
in the afternoon trading.
other specially weak stocks we're Mania tan,
Burlington, Chicago Gas and Tobacco and aI one
the close firmer lone prevailed and rally of IL
'@11s per cent followed. he recovery was at
trbeted TO covering of snort contracts. Specula-
Q tion left on firm. Net changes show declines Of
'1z91Ss per cent; the later in Burlington. In
the inactive issues illinois steel felt l112 to 46,
while st. Paul referred jumped TO lZ912 Toial
sales were 1S4,447 shares, including 33400 81.
Paul, 3l.8oU -ugar and 81, sOU Burlington.
sales were 81 ,2U2U o. Burlington, Cedar Rapids
and Northern fves rose rs TO i05 Colorado Mid
Chicago St. Louis and New Orleans gold hves 3
to ll6: Edison Illuminating Consolidated fves,
Mountain genera. lives, to II: Lon,sViiie and
Nashville unihed tours, "a TO 7o14; Kansas and
Eastern tives, IA o 81; Mobile ami OHIO fouTs,
stamped, . 20 96, a d st. Pau, Chicago and MIS-
sour River fves, IA TO l06.
T1I1s -' T-''' '''''''' ''' ''iD A'
FLoUR-Firmer; fair demand. Winter wheat
low grades, 81 eOg2 75; do. fair to fancy, s2 500
as 90; do, straign,s, So 1908 65; do patents
81 40@4 81; low extras, 81 9O@Z rs: ci y mills
So l5gS 80; do, patents, $4 lO@425 rye mix
lures, 81 s0@3 ~; su9erfine, 81 6.@2 20; fine,
81 409z TO- rye hOur, steady; 81 40@2 IS.
COhNME D-Steady. Yellow West. rn 81.
RYk-Dull; firm. Western. 43lsc f. O. b.
BARhEf-Quiet 32szc; feeding, 273zc-
WHEA1-Spol marke1 quiet, firm, with options;
ern. 1880. 1S'O'O 'e'' 00"-O''' w. NORTH
optioas opened weak and declined l3sc on cas-
iercables, forrigh selling increased SOCKS bear
ish crop news, with the West weaker and longs
realzings advanced l3z(9zc ON he decreased us
urday, with fair trade. December and May lost
active. No. Red osing: March, 7614c; May,
@ @s6c' ,eptenlber q 3sc; HetoOer' 7issc; Novem
COkN-Options firm. active; No. 2, 271sG271Ac
elevator: 2S(l1 1S14r anoat- ~
Options declined 3sc with the West and easier
cables rallied 44@ssc with wheat ana hrmer
west, and closed firm at unchanged pri, es, with
moderate trade. Decemb most active. sepIem-
per, %l7sc; OCTOBER, -714c: Decemper, 2S5sc;
oATS-opot, moderately active.
Ontions dull; noninally unchanged. September
2Os4c; October. 21c; December, 22c.
2454o eEtess NO. Chicago 2isIc AZ No NO isnMe iwnss
No > white 22c; mixed Western, 20@22c; white
do, 20@29c
LAKD-Frmer. better demand. Western steam.