The San Francisco call., 1896-11-05
NEW YORK MARKETS.
Financial.

NFw YORK. y. ", Nov. L. - The decisive
victory gained yesterday by advocates OF sound
money eSerted highly favorable influence on
American securities both at home and abroad
karly cables from London report a sharp advance
in Americans all along the line The feeling there
was described more confident than for a long
time, and the rise in prices was nartly attributed
10 the purchase OF 1900 shares for American
account. Local concerns, who had the foresight
10 keep open last night, a new departure by the
way controlled this business The opening deal
itgs here were attended with great excitement
Commission-honses reported n perfect flood OF
ORDERS and operators who have been holding of
pending the outcome of the Presidential contest
were also eager buyers
trials. and the floor of the ) Exchange pre-
sented n lively appearance. Contributing causes
TO The buoyancv were n break of 1c IN the posted
rates OF sterling exchange to 81 81 1s@4 SIS, de-
ine In call loans to 3I2 per cent per annum due
Leading private bankers, an increased inquiry for
commercial paper, the disappearance of the pre-
MUM on gold and an advance in the United sta,es
4 per cent bones Of 1925 of nearly . per cent to
12OSs. a belief that he gold recently boarded By
tlnld capitalists VIII soon be released that
the premium has been wiped OUT was not without
Its influence.
when it is recalled that nearly s5ooOo COO Of
the gold imported since August 2S last cannot be
accounted 20 the importance of the pending
change IN monetary conditions can be realized
i he improvement at the opening rang d from \,
10 6S4 per cent. Sugar rose $50 10 1875: Lake
Erie and Western preferred, 61s TO 721s: Wheel
Ing aud Lake Erie preferred. 534 10 35: Jersey
central, 10 10: United states Express TO as;
Tennessee Coai. ass TO 80; Brooklyn Union Gas
asa TO 81; Consolidated Gas 434 TO l54 "a; Mobile
and Oaio 4la 10 22ia: Pullman. to leo; BAY
state Gas, 22ls; Minnesota Iron
: TO 65: st. Paul. TO 50: do preferred to ISs:
metropolitan 1racIoa. TO l05: Lake shore. 3ai
10 1853 and the other active issues anywhere .rons
/ ta SLa per cent. In the afIernoon session tha
market was Irregular owing TO profit taking and
reaction OF IL to per cent nosed. Bay State
Gas and sugar, however. receded per cent
Speculation closed firm in tone. Net changes
show gains OF Ia 10 S1s per cent, Chicago ras
Leading. The transactions were heavy footing I'm
5i9ooO shares including 67,2o0 fteading. o. 400
-. Papl, 81, 400 Sugar and j.. 200 Burlington and
Quincy.
The railway and miscellaneous bond market
WAS active aud buoyanI in sympathy with the rise
In stocSs Tire .ranssct footed up the epor-
nous total OF $i.l4S, 600. The advance ranged
irem / to points and was most prononnc ceI In
the southwestern. Western aud Reading issues
Government bonds gained lC02 per C ent. Forty
SIX thousand seven hundred dollars coupon fours
OF 1923 brought 1l91aal2 BOSS; $4,000 regis
tered hves lllM@lll4s, ana $4,000 coupon
hves, ll1Aa@lla
Grain.
FLOUR - Steady. Winter wheat, low grades
So 25@s 80: do fair to fancy. S3 25@S4 80:
DO patents 81 50@t 90; Minnesota clear, $50
=; DO straits So 90@i 25: do patents,
% sadl 50; low extras, ~ 20@3 20; city mi Is.
- AUG4 bO; do patents. sd 9uQo0 10. Rye flour
Lull; steady at So S0@3 10.
SoRNMEAls-Quet. steady.