The San Francisco call., 1896-03-03
NEW YORK. MARKETS.
Financial.

NEW YORK, n. Y, March 2.-Speculation at
the Stock Exchange affected to-day by the
receivership for the Baltimore and Ohio and
by the demonstration yesterday in Barcelona
against the United States Consul, etc. AS
matter OF fact 1t can be said, however,
that the confession OF insolvency by the
Baltimore and Ohio had more influence on the
market than anything else that has transpired
during the past forty-eight hours. The stock
dropped nearly points, to 1912. and the bonds
OF the main line and its branches and leased prop
erty anywhere from Az TO 10 points Late in the
day it was announced that Thomas II. King, presi-
dent of the Pittsburg and Western road, had been
appointed receiver of the company
This road is one of the more important leased
lines OF the Baltimore and Ohio. The loss in the
usually active shares was equal to 1a@314 per
cent In this decline Tennessee Coal, Sugar. the
Grangers Yves ern Union, Lead, Metropolitan
Traction and Southern Railway preferred scored
the greatest losses In the afternoon session there
was decided change for the better on Washington
advices that the Spanish Government had taken
steps to make amends to the United States for
yesterday disturbances at Barcelona. a recovery
of 14@31s per cent followed, Tennessee Coal, the
Grangers, Louisville and Nashville, Leather pre-
ferred and Western Union leading
Some OF the prominent issues at this time sold
above Saturdays closing prices. Near the close
tobacco which sold at so early in the day, dropped
10 al$s, ana as a result the general list closed
OF 1sG5s per cent. Baltimore and Ohio lost
39s per cent on the day. Total sales 327, 800
shares.
Bonds were irregular in tone, but in the main
lower. Sales were s.. 267 900. Iowa Central fives
fell to 1912 Kansas City consol certi ficates 23s
TO 7412; Northern Pacific seconds, IA TO
1lO; do thirds. l1a to 7slA; do Montana
Central lives certificates. ls to 42Is, and Wabash
seconds TO 7414@75: Atchison general fours,
when issued, rose IA to S012; do adjustment
fours, "A 10 49; do general fours certificates to
79; Northern Pacific consolidated fves, 21a 10
1872; do certificates. gig to 4314: Chicago and
more and Ohio issues were heavy, the consolidated
hves OF 1928 dropping 10 TO 90; do fives OF 1925.
IS. In Government bonds s47s, 900 Coupon % tours rs
OF 1925 brought l161aC1ll6s4; $4,000 coupon fiyes
ll3; S25'OOo currency SKIES of 1899, 1919.
Grain.
FLOUR-Qnet, easy Winter wheat low grades
S2 5o@3; winter wheat, fair to fancy, So 500
30; winter wheat patents. So 9UG4 IS; Min
nesota clear, 81 7O@3 80: Minnesota straits s3G
tras 81 50@3; city mills, S4 15G4 25; CITY
mills patents, 81 3o@4 45; rye mixture, So 50G
Southern four-Quie, steady Common TO fair
$2ss; goo ss aoas TO ei choice, $S@S SO Rye -four
observation-disclosures
CORNMEAL-Dul, steady; yellow Western,
81 200S2 %: Brandywine, So 20
RYE-Steady; 4912c.
BARLEY-Nominal. Ungraded Western 43a
BARLEY MALT-Firm Western. 55a5sc.
WHEAT-Dull; easier with options no 2 red
store and elevator. S134c; afioat, s314c; l. O. b..
S234 @S334c; ungraded red, 709S5c; No. l North
ern, TIC.
Options were fairly active, and opened firm at
3sf15sc advance on report of loss by firm OF
100000 bushels at Minneapolis, with the West
frmer and local short covering; declined 5sGs31 on
easier cables and lower West, closing firm at 1s(d
lac decline May and July most active. No.
red. March and April, 7512c; May, 73s4c; June
733sc: July, 7314c.
Stocks of grain in store and nioat February 29:
Wheat 1896 6S5: Corn 245, ,S91; Oats, ,6S9 Os4
Rye, 1867; Barley, 2s0,SS9; Malt, 1929; Peas,
zS2 bushels.
CoRN-Dull. firm. No. 2. 37l4c elevator,
3SAc afioal.
Options dull and firm at unchanged prices to 1sc
decline with the West. May most active. March
and May. SIC; July, 371ac.
OATS-DuIl. steady.
lnfi n MqE
Spot prices: Nc. 2, 2614 No. white, 2734c: No.
2Chicago 2714c; No. 8, 2514c; No. white, 26s4c !;