The San Francisco call., 1896-03-17
NEW YORK MARKETS.
Financial.

NEW YORK. n. ", March 16-Speculation
at the Stock Exchange continues narrow and pro-
fessiona Total transactions were 1870 shares.
There was little news a1oat TO AFFECT speculation
outside OF the publication of the Northern Pacific
plan of reorganization. Even the effect of this
important announcement only passing in its
character. This probably can be explained by the
fact that the provisions Of the plan far
reaching that the street, quick it is discount
future events, has been unable TO fully grasp the
subject matter. The assessments on the stock,
however, were considered heavy, and some of the
holders of third mortgages were of the opinion that
their interests had been sacrificed for the consols.
The first effect of the publication of the plan
decline in the common to / Hsc and in the pre-
ferred to 1134c. The consos 5s on the other hand
rose from ASH to 4912c. Northern Pacific issues
were not particularly active in the stock market
only 1900 shares being traded in, but in the
total bond department the dealings in the issues of
the company footed up 81, 2,517 600. The general
railway list presented little OF interest Al the
opening the tendency was downward, but after a
moderate reaction the market improved. Tobacco
which has been sold right and left OF late, took
considerable strength and gradually worked up to
%Sc, the highest for some time past.
Sugar opened at 114l4 ex-dvdend Of per cent,
rose to 1875 and closed at 114Ts. General Elec-
trio rose to 375s and later receded SO on reaza-
tons Leather preferred Jumped from 6l14 and
ness the market was firm in tone, the strength of
Tobacco and the steadiness Of Northern Pacific
preferred having had good effect. Speculation
left on firm. AS a rule, however, the railways
showed losses of 14dA per cent. The gain in the
industrials ranged from IS to "a per cent. Pacific
Mail lost Us on the day.
Railway and miscellaneous bonds were irregu-
lar. Northern Pacific bonds, except for the thirds
and Montana division skies, were hrm. These
issues were inclined to weakness. the reorganiza-
tion plan having been unfavorably construed In
their cases Sales were $3.088,0O0. Northern Pa
cihc seconds rose to 1l414; do consol fves, to
4S12; do certificates, to 4912; do Chicago and
Northern Pacific fves certificates, IA to 457s; 1;
Northern Pacific thirds fell l12 TO 80: do Montana
first skies certificates. ls4 to 80; Baltimore and
Ohio fives, 10 S5; Louisville and Nashville gold
SO; do consol tives certificates, IA to "a; Wiscon-
sin Central fives certificates, ia 10 44l4.
In In Government mt bonds sls5,o0o coupon fours Of
1925 sold at l16S4@l16Ts and $4,000 registered
fours OF 1907 at 1854.
Grain.
FLoUR-Dull, easy. Winter wheat, low gra1es,
81 zo@2 80; do, fair TO fancy, So s5@4 80: do,
s 20: do, straits, $3@3 so; patents, So 55@D4 20;
low extras, 81 25G2 S5: city mills, 81 150D4 % :
do, patents, 81 20@l4 IS: rye mixtures, So 500
30: superfine, SOP 50; fine, $2@2 30. South
ern -four, dull easy common to fair extra, So 40
@3; good to choice, s3@S 80 Rye -four dun.
BUCkMH EAT-4O64lc
CoRNMEAL-Quiet. steady; yellow Western,
81 20g2 20; Brandywine. 50 90
RIE-Nominal.
BAKLEY-Firm; ungraded Western, 4O@47c.
BARLEY MALT-Quiet.
wHEAT-Dull, $4@1ic lower with options clos
ing firm. No. rea, store and elevator 7S14a
7s1ac; ahoat, 1874 4@soc; / o. b., 7s1a@sO1ac
Options we're fairly active and closed weak at 81
decline on easier cables, lower West and local
liquidation May and July most active. March,
711sc; May, $3.50; June SOC; July. $3.50
Stocks OF grain store and afioat March IA:
Wheat, 1922; Corn. l2o 27o: Oats, 1851, ,7o7
Rye, 1U,l07 Barley, l34,10O; Malt, S4,947
Peas, 1U24 bushels
cokN-Dull, scarce, firm: No. q $3.50 elevator;
395sc afoat.
Options were dull and steady at unchanged
prices May and July only traded in March. 3Sc;
May. 365lsc. July, 361sc.
OATS-Easier.
Options dull easier: March, 25c; May, 247sc;
Spot prices: No. 2. 25@92514c: No. 2 white, &c:
No. Chicago 26@2e14c: No. 3, 24c; No. 3 white,
2512c: mixed Western 25 9 26c; white do,
27@2sc; white State 27@29c
FEED-Bran 60tG62Lsc.
MIDDLLNGS-65(d7nc
RYE-Feed, 621aG65c
Provisions.
BEEF-Quiet steady; family. slO@12; extra
mess, ~ bO@S: beef hams dull $l4 50@15
tierced beef, inactive city extra India mess, $I5@
10 oo; cut meats, quiet firln: picked bellies, II
lbs, DC; do shoulders, 41a1434s do hams. S1s@9c.
LARD - Doll. weak. Western steam SIS 60