The San Francisco call., 1896-08-29
NEW YORK MARKETS.
Financial.

Financial.
NEW YORK, N. Y, Aug. 28-Stocks to-day
showed some slight i'm provements both in volume
of business and in price. The transactions in
stocks aggregated $50, 764 shares and in railway
and miscellaneous mortgages 1927 600. These
totals in ordinary times would be considered of
Insignificant proportions, but they make quite
comparison with the dealings on previous days of
the week and gave the brokers hope for better
things The influx of gold was the dominating
influence. the engagements since the import move
ment started about ten days ago footing up nearly
$12,O00.000. Better still, the foreign exchanges
are demorallzed and everything points to a con-
tnuance Of the movement of the yellow metal
from Europe.
Discounts in the open market in London IL is
true, have been advanced, and the Bank of Eng
land has raised the price for bar god but this has
been offset by a further reduction in posted rates
for foreign exchange. To-day sixty-day bills were
quoted at 81 s21a and demand 81 85, against
81 S31z and 81 S5 yesterday. Actual business.
however, is transacted at $4 S1sA and 81 S214 for
bankers sixty days and $4 831a(94 833l for de-
mand, the lowest touched since the current down.
ward movement set in. Predictions OF lower
rates for money next week were current and they
seem to have some basis To-day the rates
ranged from to 20 per cent, but the bulk of the
business transacted at per cent and under.
With gold coming This way and money less
little the long side Of the account. while the
bears were DISPOSED to cover their short lines
vile and Nashville. The advance in the
general list was equal to A925S per cent Jer-
sey Central, Manhattan, Western Union the IN
dustrias, the Grangers and the nationals lead
ing. The Grangers were strengthed by the unex-
peGtedly good showing of the Burlington and
Quincy for July. For the period named the COM
pany reports a surplus Of $93,323, against de-
ficit Sl0,360 in 1895.
Specuiations closed storing with prices at or
near the best figr$es of the day. Net changes
show advances OF 12G$s per cent In the mac
tive issues Illinois Steel rose 31 to 4O1 and later
receded to 3S1s. Bonds were more active and
strong. Total sales were $927,0O0. Atchison
general fours rose "A to 73; Atchson general ad-
onds, 112 TO 1879; Louisville New Albany and
Chicago consolidated skies, to 80; Reading first
preferences. ia TO z434; Reading seconds, l TO
1]12; Reading general fours, TO IL: Southern
Railway consolidated fves, 11y2 10 S115, and Wis
consn Central fives certificates, lSI to 2S In
Government bonds $40, 600 conpon fours of 1925
brought 1l2sz: $4,000 coupon fours of 1907 at
l06, and $4,000 do registered at lO4sz.
Grain.
FLOUR Quiet firm. Spot -four dull, easy.
Sc 2O@2 Is: Southern -four unchanged.
RYE FLOUR-Qulet and steady at 50 25@2 75
CORMEA L-Duil. steady, unch anged
&YE-Quiet- Western, 3S12@40c.
RARLkY-Quiet: 49 pounds quoted at Sac T. OBJ.
BARLEY MALT-Quiet. Western, 4S053c.
WHEAT-Spot quiet, dull, frmer, with options
T. o. D., 6Ss4c: ungraded red, 5S@60c; No.
Northern, 691zc
teptions were fairly active and strong at Han
1850 advance on higher cables, better West and
loo al coverings. December and September most
active. May, 711sc: August, $3.50; September,
64szc; october, 65s4ci November. 66$4c: De
CoRN~Spot less active; firm. No. 2, 2ezsc;
elevator 277sc aioat.
Options were fairly active and firm at 1a@5sc
covering. october and September active. August
c'nsed 2634c; September, 261a9264sci October
275sc: December, 29c: May. 3l12e.
OATS-SpoE quiet and steady.