The San Francisco call., 1896-04-08
NEW YORK MARKETS.
inancial.

NEW YORK, n. Y, April Tobacco loomed
into prominence again to-day. The dealings in the
stock footed up So, 700 shares in grand total of
$4,000 shares AT the opening the shares ruled
firm at 81 "a 9SS14c but the day wore along
there liberal offerings of long stock on re-
ports of the serious illness OF the Southern direct
ors of the company. Another story was to the
effect that an Injunction had been or would be ap-
piled for to restrain the distribution the scrip
dividend recently declared The weakness of this
speciality had no influence on the run OF active
stocks, which scored net gains on the day.
IN the early trading speculation strong,
much 10 the surprise of professional traders, who
we're free sellers OF the market yesterday on the
passage OF the Cuban resolutions by the House.
ne impression was that the action of the House
would cause an unfavorable influence abroad but.
as matter of fact. London paid little attention to
the matter, and early cables showed that Ameri-
can securities in Loncon were on parity with
orr closing hgures OF Monday. Local shorts then
started in TO cover and prices moved up 1I0l 81
per cent all around. Sugar. Union Pacific, Chicago
Gas, the Grangers and General Electric were es-
pecially firm. Sugar moved up to 1885. Union
Pacific sold up 10 91s on the progress making in
the rounding scheme. Louisville and Nashville
however. was heavy on foreign sales and broke
from 497 TO 1884.
There was very little doing in the general list
and the market held tolerably firm. The strength
of sterling exchange was much commented upon
and there were rumors OF shipment OF 81 100000
gold by Saturdays steamers. 1t was announced
that several of the depositary banks holding Gov.
eminent funos on bond account had turned into
the sub-rreasury part OF their holdings In anticl-
patton of call by the Treasury Department TO-
morrow. AS foreign bankers Offering four
months money at per cent, the effect OF a Gov
ernnent call at this time is probiematica
Speculation closed firm in tone. Net changes
show gains of 14t@l per cent Tobacco lost 45s
and Manhattan l per cent. In the specialties
Nickel Plate first preferred rose 5 to 7S, and do
seconds 15s 10 325s
Bonds were quiet and firmer Sales footed up
only S655,0O0. Central Washington skies certif-
Gates rose 12 10 80; Hooking Valley general
sizes, TO 80; Pttsburg and Western fours / ga
to q ss: Union Pacific sinking fund certificates,
q to 912. and Northern Pacific seconds 20 10
Ill. Wisconsin Central fves certificates fell 2
to AZ.
In Government bonds $4,000 coupon fours of
1925 brought 1855; $1,000 coupon tours OF 1907
brought 1922.
FLOUR-Un nchanged better demand: low grades.
81 25G2 S5; do. fair to fancy, So S5@3 9O
do, patents, S3 9OG4 %: Minnesota clear, 81 7OM
S25 do, straits, S3g3 60: patents, So 35@4 20;
low extras, 81 25d2 IS: city mills, "a l56D4 q: :
do, patents, 81 2OG4 as: rye mixtures 81 $50
2 80; superfine, 81 z5@l2 So fine, 1902 So south
ern -four. unchanged, quiet; common TO fair ex-
-four firm at 50 65@2 rs: buckwheat fiour. dull.
BUckwHEAT-sO@41
, S,eRSMEALms'ea 20 "a aiy u yellow Western, So 2o@
KYE-Nomina Western, 47c.
BARLEY MALT-western. 4S@55c.
WHEAT-Dull, firm; No. 2 req. store and ele-
vator, 6Zs4 @63c; afoat, s414as41sc;f {. O. b. S3sl
Gs5c; ungradeo red 64@DS5c; NO. Northern, 1854
H77c.
Options opened active and excited and ad vanced
7s@l 1sc on higher cables, foreign buying and To-
ra1 covering, advanced 1sc on local realizing and
closed steady al 129?4c over yesterday with an
No. red April, 1890; May, 75ysc; June, July
and august. 7s1sc: September, 7S5sc; December,
151zc.
BS 1ac afoat.
Options were moderately active ana firm at 14c
advance, following wheat and. on covering May