The San Francisco call., 1896-02-12
NEW YoRR MARKETS.
Financial.

NEW YORK, n. Y, Feb l1.-While business at
the Stock Exchange was smaller scale than
yesterday the tendency of prices for the promi-
nent railway issues was downward. The change
in sentiment was not entirely unexpected, as some
of the pungers the board have been rather reck-
less in their purchases. The first disappointment
encountered by the bulls was the failure of Ameri-
can securities In London to respond to the pacific
utterances of the Queen to Parliament in the mat
ter OF the Venezuelan dispute.
Foreign houses reversed their positions and sold
ana sterling exchange developed little more
strength. Again there was selling by traders who
invariably even mp their contracts on the eve OF
holiday The amount OF stock offerings not
large IN the aggregate, but still it was enough to
make considerable impression on prices. Sugar
was the most active stock and closed at about 2
points lower at lll5s on fears of hostile legsla-
tion at Washington Manhattan scored the Wild
est fluctuations. he stock opened slightly higher
a. H. rose TO 1131a and finally broke to 1OS8l on
EFFORTS 10 realize The best bid the close was los
Denials OF the recent report about leasing the
properly 10 the traction people had cons derable to
90 with the slump at the close. Tobacco was fever
lsh and ranged between 7S and So with the final
transaction at.1S4. Leather Preferred jumped
Two points TO 6734c, and later fell &c. General
Electric made new high record, selling up to
within fraction of 33 on rumors that the company
had secured important new contracts. The Anthra-
cite Coalers were heavy throughout on the intro
ductiol in the New Jersey Legislature of an anti
trust Dill, winch has special reftrence the new
coal combination.
In the afternoon trading the early selling move
ment which had been checked by the rise in GER
tam specialties resumed, and near the clos,
the lowest figures of the day were current tn a
net changes showing losses of 1463 per cent
Manhattan and Delaware and Hudson were in the
lead. General Electric was the only active STOCK
on the llst which showed gain, and the advance
in this instance was only 1s per cent.
BON. were firm and higher. Sales 81 ,572, 900.
Mihnesota ana St Louis first sevens rose TO 40
ontario and w Western refunding fours IA 10 93IA :
~. Louis and San Francisco second skies class B
70 ia: st. Louis first gold sevens, 215 TO 125
Toiedo, ST. Louis and Kansas City skies certif-
Gates, TO II; Union Pacific general four and a
half certificates, 6 10 51
In Government bonds 1888, 900 coupon fours Of
1925 brought 116@ll65s; $1,000 registered tours
OF 1907, 10912 and $4,000 coupon fives, ll36
1885.
FLOUR = Quiet firm. Southern four-ontat
extra, 81 z0@3; good TO choice do, S3@3 So.
-four, 81 25.
coRNMEAL-Dun, steady: yellow Western
81 2092 20; Brandywine, 81 90.
RYE-Nominal.
BARLEY-Nominal. No Milwaukee. zbc do.
hvered; ungTaded Western, 381a@45c.
BARLEY MALT-Nominai
WHEAT-Dull, easier. No. 2 red, store and ele.
vator, soc; afioat l1ac; +. o. b., Sl0SlIac,
ungraded red, 679S3c; No. l northern, 75i1c
Options advanced 1sc on foreign buying and
local coverings. fell 11sc on weak late cables
easier West and local realizing rallied lac and
closed steady at 1a@ssc below yesterday, with 8
moderate trade. May and July most active No
2 red. February, 74I4c; March, 7414c; May
72c; June. and July. 7l5sc.
CokN-Spot dull, 14912c lower, closing stead
Ter. No. 2, 363s elevator; 3718c afioat.
options dull and steady at 3sc Decline following
the " est and on local realizing. May and July
most active. February, 363sc; May, 361sc: June
36Ssc: July, 371Ac.
oATs-Spot quiet, steady. No. 2. 251ac; No. 2