The San Francisco call., 1896-10-25
llMoN, Forecast Otiicial.
NEW 1oRK MARKETS.
Financial.

NFw YORK. N. Y. Oct. 24-Lower rrices
from London. a break in wheat, ana fears of poor
bank statement, all contributed to q rather weak
opening at the Stock Exchange. The decline
which followed was unimportant, say 1s055 per
cent. Before the expiration of the first hour of
trading the entire list developed great strength.
In fact majority of the leading issues sold at the
best figures of the week. The change for the bet
ter was due to the fact that The bank statement
showed gain in cash Of S $i,756660, and an in
crease in surplus reserve OF 049, 500 The enor-
moss contraction in loanS-$6,0 9S00-was appa-
rently overlooked by the bull enthusiasts
The deposit line was reduced So, ,2t2, 400. max
ing the total reonction for the pas two weeks
SlOOOo,OO0 In the last hour business active
and prices moved up hriskly. Sugar sold up to
1924 Chicago Gas sold up to 6914 Rock Isia nd
70 647s, Burlington and Quincy to 741s, st. Paul
to 1874, Manhattan to 9311s, Reading TO PTS
Ruhber 10 2OHS. do preferred TO 7012. Leather
preferred to 81, and Western Union to 875s
The bituminous coal shares were in better re-
guest on The announcement that the miners on the
Wheeling and Lake Erie. Hooking Valley and
Cleveland. Lorain and Wheeling roads will re-
sumo work Monday.
Speculation closed strong with prices at or near
the best OF the day. Net changes show a gain Of
14@ls per @ sent i l. the industraIs Leading Total
Sugar, l2 3U0 ST. Paul, $500 Burlington and $500
Louisville and y Nashville.
The railway and miscellaneous bond market
was firm and active. The sales amounted to
$S43,000. Erie first consols rose "a TO l343I :
General Electric debenture fves. to 80; Laclede
Gas fives 11a to SO, Oregon Short Line skies GER
tihcates, 11e to 1O9: Northern Pacific first skies
registered, 11a 20 1141s: Reading general fours,
q TO 7612; 81. Paul southern Union skies 15S to
1854, aid Texas Pacific firsts, 21a to &c.
In Government bonds at the board ST G, coo cou-
pom fours OF 1925 sold at 1l714.
Grain.
FLOUR-Easy; Winter wheat, low grades 50 20
as go do fair to fancy, $3 05@3 so; do patents.
So 4594 rs; Minnesota clear, So 90@3 75; do
straits, s. So@i 10; do patents, $4 l0@5; low
extras, So 20@5 30.
CoRNMEAL-QuIet and steady; yellow Western,
50 1902 20.
RYE-Dui weak: 40@41c on track.
iBARLEY-Quiet: Western, 2S12c.
fWHEAT-Spot market dull, weak: 31zc lower
with options; +. o. b.. S06S01sc; ungraded red,
69G81c: No. Northern. 1885.
Options were fairly active and unsettled, with
close weak at 312c decline decidedly lower
cables, weak West and free unloading West and
here December and May most active: No. 2 red
January. 7Sc: N arch, S01sc; May, 1850: October
S41sc; Novem Der, 145sc; Dec ember, 1856
CORN-SPot dull, weaker No. .. S012c elevator,
3112c afoat.
Options were dull weak and '14g5sc lower on
weak er cables. lower West and following wheat
November and May only traded in. October,
S02sc; November 3042c; December, 5l1ac;
May, 3414c.
0ATS-Spot quiet; easier
Options dull, weaker; October, 22szc; December,
Spot prices: No q 2sc; No white. 2s1sc;
No. 2 Chicago, 24c; NO. 3. 2S14c: n o. 3 white.
23c; mixed Western, 231a@24ci white do 22@
D 4 72S' - z