The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-09-05
NEW YORK. Markets.
Financial.

JlIduclal.
NEW YORK, N Y, Sept 4-Stocks ruled
strong until near the close, when there was
slight reaction due to the bank failure in Montana
ana the suspension Of land and mortgage COM
pany in Kansas The early strength of he mar
ket the result OF heavy covering of ort con-
tracts and increased buying for commission
houses account. The large receipts of gold from
Europe today ana the belief that additional en-
gagements of the metal for shipment to New York
will be made in London next week was The main
factor at work. Money on call perceptibly
easier, and transactions in time loans were re-
ported at fiat per cent for short dates.
Belated shorts contested the rise Tor a time but
PEELED 10 come into the market and cover their
contracts This buying, with the commission
business already referred TO, led to of 1149
z1s per cent Sugar, the grangers, Louisville and
Nashville, anthracite coalers. Vanderbilts and
Gould STOCKS we're prominent in the upward move
ment. Sugar rose ll4sz. Rock Island 1914
Burling on and Quincy 10 653s, Northwest to 9y
Louisville and Nashville to 411s, Western Union
to oO12, and anhattan to 31s, all the highest Of
the week
The poor railway reports for the fourth week Of
August, repor that 10 morrow's bank statement
will be unfavorabie, and vague reports that the
Manhattan directors were discussing the al visa
biy OF reducing the rare of dividend, all failed
dam pen the bulllsh ardor. The business troubles
in the West had only slight influence, and in the
closing dealings the market was again firm Net
changes show advances of 14GD-3s per cent Bur
nngton and Quincy leading. in The inactive
stocks Northwest preferred gained 4 10 las and
Louis first preferred brought $685. against go the
last previously reported sale for ful lots at the
The total transactions were 25s,s5s shares. in
Guiding 80, 100 sugar, $4,000 st. Paul and "a 500
Burlington d Quincy.
Bonds were active and strong The total sales
were 81 .4O3,ODO Atchison general tours rose 10
rs; do adjustment 234 10 341h: Chicago and
Northern Pacific fives certificates, ia TO Al:
Colorado Midland general skies certificates 10
80; Morris and Essex first sevens. 4 to 81; New
Jersey Md and first SKIES, TO l13; Ontario and
Western consolidated hves 10 1861; Susoue-
hanna and Western general fves, 4 to 861A I:
Northwestern extension fves, to 1902: Reading
general tours. TO 7412; Texas Pacific frsts 13I
TO SO42 and United states cordage skies certifi-
Gates, IN 10 1S.
In Government bonds $sl 900 coupon tours of
1925 brought ll5$4@11e14 and $4,000 currency
Grain.
FLoUR-Firm; winter wheat low grades,
81 7O@S2 so: 90 fair to fancy, 50 40t93 40; do
patents, SO 1898 50; Minnesota clear. So 3O0
2 20; do straits, 81 S5@3 So do patents, SO 5(d
81 O5: low extras, 81 7O92-50; city mills, So go;
do patents, SAGA %; mixtures So 4OG2 so; SUI
pertine, 81 55@2 10; fine, 81 4Ot0l S5
RYE FLOU k-Steady al 81 2o@12 rs.
CORNMEAL Quiet, unchanged
RHh-Quet: Western No. !, 4O1zc T. O. b.
BARLEY-Quiet; feeding new, 3I1ac; do old /,
BARLEY MALT-ouiet. Western, 4s@6sc
WHEAT-M oderately active easier with Oh
IONS; T. Q: D., 8 $4c ungraded red, 57@66c;
Options were dull and closed weak at N@5sc
decline. following the West and on Humiliation
mere and at the West; December most active no.