The San Francisco call., 1896-11-06
NEW YORK MARhETs.
Financial.

NFw YORK, y. y. Nov. 5-To-day's stock
market was a comparative y tame affair when
contrasted with th- exceptional activity and wide
fluctuations of yesterday. The transactions AZ
gregated only 6S,277 shares agains; 549 557 yes
terday, and with few exceptions the changes
were no grea er than occur in ordinary times.
Taken altogether the tendency was toward a
lower range of values, and the fact that several
stocks display ed great strength at Intervals did
not prevent almost the entire list from closing
under las nights final quotations. the reaction
caused 10 surprise for the reason that current
quotations show large profits those who bought
socks few days rior to lhe election. IL is a so
10 BE- said that 10 certain exten she decline was
forced In other words, IL was brought about by
the clrcu alton OF rumors which PROBABLY have lit
tie Foundation.
The most formidable attack of the day was
m ade soon al er deivery-hour, when rnmors
gained circulation in the stock Exchange hat
ther- was some doubt about the Ell electorai vote of
Indiana ami Kentucky ana that onsuI-General
Lee had made report to the President concern
ing the Cuban situation which wou d be followed
by a warlike policy on the part OF the admns;ra-
tion. Whether true or false fhese stories exerted
an adverse influence, and the market Yielded
short accounts ~ugar led all other stoc~s in
point of activity and broke per cent to 1859 on
1175s
In he earlier trading Tobacco had jumped from
1878 10 "a on the announcement that the dir-c-
tors had declared II cash dividend OF per cent
on the common stock. 1ns, it was argued
meant that a sett ement of between the
trust and Inc outside manufacturers was nearing
a conclusion. The stocS afterward broke 10 49,
Chicago Gas for time was another strong fea,
ture. IL rose from IS to 773s st.tenents
which were believed to emanate from trusJwori ihy
sources that the directors would dividen is
either this week or next. The STOCK finally re-
ceded to 755s@76.
The absen, OF foreign support was felt by the
general market, and in the afternoon prices
showed decliDe from lass N. hts of 10 20
per cent in the general run Of stocks. Manhattan
WAS an exception, rising to 9714 after an ea Iy
drop Of points TO So. The MAJ ket closed weak
at recove y from the lowest Ia to l per mt
The net change show losses OF 1@D4 per cent The
dealinLs in railway and miscellaneous bonds were
smaller Than yesterday and the markeL was
weak in tone. The decline, which ranged
from 12 to 4 per cent, was attributed TO
reaiiza ions The sales were 81, ~, ,0uU against
$4,2oG 900 yesterday. Atch son, Colorado and
Iacifc skies fell TO %: Atchison general fours
] 10 1912: Atcnis,n ADJUSTMENT 13L 10 49, !:
Chesapeake and ohio gen raj iours IA TO 72l5: /:
Chicago and Northern Psc fc certificates / 10 10
3412: Kansas and Texas seconds, l o 1917; Ore
gon short Line consoi nves. certificates 2 to 60
Texas Pacific seconds 11z 10 2l; w.,uash sec.
onds, to 10; and Wisconsin certificates, 10 to
3612. Missouri Pacific consol sxe, rose 8 to S6:
Wrs New YORK and Pennsylvania general
fours, TO 45; and Pitts ourg, Shenandoah and
l. +. fves, ~ TO S7s4.
In overnment Ionds S32 900 coupon fours OF
1925 sola al l2O and $1,000 fours registered OF
1907 at 1083z.
FLOUR = Steady. Winter wheat, low grades
81 25@3 35; DO fair to fancy, So 25@4 80:
do patents, 81 5o@4 80; Minnesota clear. so@