The San Francisco call., 1896-07-01
NEW YORK MARKETS.
Financial.

NEW YORK. n. ". June S0-In Wall street
to-day there was a complete reversal of specu-
lative sentiment. According to cable advices the
utterances OF Mr.. Mckinley the currency ques-
tion led to much more confident feeling in Jon-
don and on the Continent, and the change was
reflected in buying orders for nearly 10000 shares
from abroad. The result was a decidedly higher
opening, the gains varying from 1,a to per cent
at the art. The local bears attempted to check
the rising tendency by putting out fresh lines of
shorts, but as the foreign demand continued and
there considerable inquiry for the long ac-
count here the upward movement made further
progress the day advanced.
The silver question was reIegated 10 the rear for
the time being ana the probable action of the Chi
cago Convention on the money plank excited less
Interest than OF late. The fact that there were no
further engagements of gold for export and that
the local money market was undisturbed. as we'll
as the announcement by the Reading Company of
an advance in the price of coal, all exerted a
favorable influence. The rise in quotations was
gains OF 1z9l5s per cent. The conspicuous
features weIe the grangers, sugar Louisville
and Nashville and some OF the specialtes
Tobacco and sugar heavy at one time. the
former declining from 6334 to 6I1, and the latter
chases supposed TO be for inside account, tobacco
got back TO 63 and sugar to 1121s. Speculation
left of firm in tone. Total sales were 251, 100
shares.
Bonds were higher The sales were 1881 900.
cago and Northern Pacific, fives Certificates ia
10 ala: Houston and Texas Central skies, 10
Id: Wisconsin Central hves certificates, 23l to
3515.
In Government bonds $4,000 coupons were
sold at 11314; $1,000 coupon fours of 1925 at
1161z
Grain.
FLOUR-Dull; weak: unchanged. Winter wheat
low grades 81 1902 %; do. fair fancy, 81 45(6
3 As: do patents, SO 50@3 so: Minnesota Gle ar
81 40@2 80: do straights, So 95@3 35: do
patents. So 1904 20: low extras, 81 70@2 SIS;
city mills, S4 do patents, "a 20@4 40; rye mix
ture, 81 40 a 3; snperfne. 81 so a 2 25: fine
81 50@2 %. southern -four dull, weak: commono
10 fair extra. 81 1892 70:rgood choice do 81 ~
@3 Rye flour quiet and easy, 50 40(62 so.
10: Brandy wine. So 15.
RYE-Quiet; Western. 353zc I. o. b.
BARLEY-Quiet; 4212c f. o. b.
BARLEY MALT-Dul: Western, 42643c
WHEAT-Firmer; 1. O. b., 575sc; ungraded
red, 5S@6Sc: No. l Northern, 645Bc.
Options advanced l3s@l34c on The better stock
foreign buying, higher West and local buy ng,
fell 1s93sc on realizing; closed firm, at l1sGl Sac
over yesterday. with fairly active trade; Sep
tember and July most active. No. 2 red July,
615sc: August, 621sc: SeptemDer, 621hc; Octo-
Der, 63Ac; December 81 1zc.
CoRN-Dull; hrmer; NO z, 33szc elevator;
343zc afioat.
Options active and closed firm at 14Qssc ad-
vance, following the West and on coverings:
September and July most active. July, 331Sc:
August, 33S4c; September, 3414c; October 34iac.
OATS-Quiet: sreadv.
Options dull; steady: unchanged to lac lower:
July and September, 20i4c: August, 1880.
Spot prices: No. 2. 2l12c; No. 2 white 22c;
No. Chicago. 22c: No. 8. 201ac: No white