The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-12-08
NEW YORK MARKETS.
Financial,

NEW YORK. n. Y, Dec. 7.-Speculaton at the
Stock Exchange held in allegiance during the
greater part of the day by the desire TO defer
operations when the contents of the Presidents
message to Congress became known. Until the
details OF the message became public property the
dealings were of hand 10 mouth character and
were confined mainly to room traders At the
start the sales generally concessions from
Saturdays final figures. Tobacco and Manhattan
notable exceptions, the former selling on
16s and the latter "a. Tobacco was unfavoraby
Influenced by fumors OF fresh competition and by
reports that decision in the affecting the
charter OF the company won be rendered shortly
and would be adverse to the trust.
Shortly after the opening General Electric rose
ia TO 1884 and LacIede Gas 234 to 251a. In
s npathy with these movements the leading
shares improved rs TO i per cent, but the advance
was soon partially iost The really decisive move
ment of the day took place shortly before
sage became own in the street The reference
10 the trusts followed by a vigorous selling
movement in Sugar, which carried that stock down
from 1865 to 115 tie final quotations being
1875 The fact that the Sugar Trust declared the
usual quarterly dividends on he preferred and
common stock was ignored by the trading element
who sold freely all the way down.
There so marked weakness in the
Changers. which declined anywhere from 10 26s
per cent the latter In St Paul and Burlington and
Quincy consolidated. Gas declined 15s. but out
slice OF this speciality the losses from The highest of
the morning were 1ye to 81 higher. The market
closed unsettled near the lowest prices of the
day Net changes show declines Of 1z9l14 per
. cent Manhattan itading. Total sales were -02-
904 shares including IS 000 Sugar %, 300 Union
Pacific, 1880 St Paul, 81 400 Burlington and
II, 400 Manhattan.
Tne bond marHet was weak; the sales footed ND
sl,74l.000 Columbus and Hooking Valley GEN
eraI skies fell 10 So: ong Island general fouFs
10 80: Ontario and Western refunding TOURS, 81
TO SO. Ohio Southern first skies. TO 941a; Peoria
and Eastern consolidated tours, to 10; Rome,
Wa.ertown and Ogdensburg first consolidated
la 10 316; St. Joe and Grand Island first SKIES 10
4S12 and " IsconslD Central fives, certifica es
Ia TO 3S12. Duluth Shore and Atlantic t1ves
rose 10 100.
Government bonds 81 :, 900 coupon ives sold at
1872
FIOUR-Steady. Winter wheat low grades.
50 0@2 SIS: do fancy, 50 3503 90: do patents
"a 50G5: Minnesota clear, So 40@4 Is: do
straights, So 1904 rs: do patents. 81 60@5 2b;
low extras, So 20@3 Is: city mills 50 4U65 Is:
do patents. So 40G5 IS: rye mixture So 50@4;
superfine, 81 40@3 30 fine. 81 S0@2 90 south
ern -four. duh, steady; common fair So 5O63 go.
good to choice do s. 61@3 80 Rye -four quiet
easy, at So S5g3 %
CoRNMEAL-Steady Yellow Western, $2@
225
RYE-Dull, nominal: western As afoat
BAKLEY-Dull: So pounds at 51@5S c.I T.
WIFE AT-Spot market dull, easier: To- b. 751hc.
ungreteu S012c; No. northern. 9U1ac.
Options opened dull and declined 21ac on
weaker cables, foreign selling, lower West, in
crease stocks; rallied 3ts@5sc on the decreased
closed steady at $I3s915s under sa urday with
trading fairly active. alay and December most
active. No. 2 red, January, 823lc; May, soc:
June, Se15 i; December S734c c.
COKN--Dot dull. firm. 20. =. 291sc eleva-
tor: 80 cfioat.
easier cab es, Increased stocks AM local really