The San Francisco call., 1896-03-19
NEW YORK MARKETS.
Financial.

NEW YORK. n. Y, March 1S.-The tendency
OF the Stock Market to-day was downward The
decline was started by sales for foreign account
Private cable advices were to the effect that the
objections made by France to the proposed British
expedition TO Dongola had disturbed confidence to
some extent, ard the early selling of Americans
here and the decline in consols and French rentes
ascribed to this. At home the mercantile
failures announced daily are exerting unfavor-
able influence and inducing holders of specula-
tive lines TO reduce their risks.
The sales for London account were estimated at
fully 10000 shares, principally St. Paul and Louis
vile and Nashville. The industrials were again
most conspicuous. Consolidated Gas dropped 40
to ! AZ adverse legislation Albany, but later
bounded up to 152@151, when sellers attempted TO
cover. Tobacco dropped 23s TO S01s, then rose to
823s and receded TO 8034@S1A. 1t stated
that he negotiations for settlement of trade diff
,ieulties still going on, but nothing could be
obtained from the officials OF the company. The
directors met here to-day but transacted only rou
tine business.
Sugar was sold down from 117ss to 1854 the
room trades being prominent in bringing about
the decline. In the closing hour OF business the
entire market weak and business more
active. Wheeling and Lake Erie preferred at this
time dropped 312 to 80. The industrials, Louis
vile and Nashville and the grangers all touched
the lowest figures in the final transactions. Specu-
lation closed weak with prices anywhere from "a
to 70 per cent below yesterdays closing Total
sales were 1877 500 shares
Bonds were lower. The sales 81. 620 600.
Northern Pacific thirds fell 1 to 771a: do consol
fyes, 15s TO 4712; do certificates, I1a to 4714
20; Union Pacific sinking fund eights, TO 92;
Cleveland and Canton fves certihca es, 11a TO
S11z
In Government bonds $4,000 coupon fours of
1928 sold at 1l634@1161s and $1,000 coupon fves
at 1875.
Grain.
FLOUR steady, quiet Winter wheat, low
grades So 25d2 S5; dO fair to fancy, SO S5(d4 90:
do, patents, S5 9O94 25: Minnesota clear, 81 7O@
low extras @ 81 55@ S. oV city mills 81 5
do, patents, 81 2094 45: rye mixtures, 81 500
80; superfne, s2@2 so; fine. 1902 30. south
-four. steady; common TO fair extra, 50 4063;
good TO choice, $3@3 3d. Rye -four, quiet, steady
at 50 60@2 S5.
BUCKWHEAT-40@41c.
CORNMEAL-steady: yellow Western, 81 20@
2 25: Brandywine 81 20.
RYE-Nomilal.
BARLEY-Firm; ungraded Western, 4O@47c.
BARLEY MAIT-Quiet.
WHEAT-Spot marKet dull No. 2 red store and
elevator, T914c: a1oat S034c: (. o. b., S01A0Slc:
ungraded red. 6s@s2c; No. Northern 7314c.
Options were fairly active and irregular closing
firm at 14@3sc advance frmer cables and
better West and local covering. May and July
most active. May, 7014c; July, 697sc; septenl-
CoRN-spot dull, steady: No 2. 371ac elevator;
2Siac atoat.
Options were dull and firm at unchanged prices
to 1sc advance. May most active. March, 3712c:
May. 3534c; July. 365sc
OAIS-Spot dull, flrmer.
snot prices: sa's 10 ;. 251las5isc No white
27c: No. Chicago, 2614to 2b12c: No. 3, 2414c;
NO white 25o1ac: mixed wes5ern este 261a@zoc;
"nile 90, ZIt9S5c, @nlte oiatsi NfU-Se~
FEED-Bran. 60t@62Isc.
MIDDLINGS-e5td7Gc.
RYE-Feed, 6219@65c
Provisions.
BEEF-Dull, unchanged Beef hams quiet,
$l4 50G15 Tierced beef, dull; city extra India
mess, $l561l6 so. Cut meas quiet, steady. Pick
led bellies, 12-ibs, 47sc; do shoulders. 41a@4s4c;
do hams, S12@9c
LARD-D1I, weak Western steam, s5 55
city. So: May, So 65. Refined. quiet weak; con-
tnentHl, So so: south American. SIS l5; COM
pound 45sf94Tsc.
poRK-Qulet, steady. Mess, s1O@lO 05.
BUTTER SteadY- State dairy, l0@20c;
l<c; do creamery, l2022c: do held, l2@18ci do