The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-09-01
NEW YORK MARKETS.
IN. Forecast Official.


NEW YORK, n. Y, Aug. 31.-A more con-
hdent tone charact erzed the railway and misce-
laneoas shares, and business was on larger scale
The transactions in stocks reached total of PA
IS and bonds SS35O00. AT the opening there
sr hit period OF hesitancy, ables from Lon
don reporting mer can securities slightly 10 to-
day. An announcement of further engagement Of
oS3.600,000 gold abroad for shipment TO New York
soon brought about a decided change in sentiment,
and the market ruled strong until late in he day
There extensive GOV ring OF shorts through
out. and even commission houses had little more
to do.
The great factor at work. however, was the i'm
portation OF gold. he amount now Oh the way and
the IS OF last week footing up the large to-
tai of slS,000,000 This, it is expected, will re-
lieve the tension in money, and some of the
brokers in consequence were disposed TO cover up
their shor, contracts and assume rissS the bull
de. No clearinghouse loan certificates were
cal ed T. and from p esent appearances it is not
likely that anv will be issued This is also having
its influence with the trading element. The rise
in prices rangei from II TO 2 per the latter
in tobacco, which advanced from So TO So "a: Man
haitian Sugar, the Gran2ers, Lake Erie and West
ern preferred and Lackawanna gained IA TO z1a
per cent.
During the afternoon the trading was less active
and he close money jumped TO II per cent bid
At he same time sterling exchange showed a ten
dency to strengthen. Actual rate recovered frac-
Iionallv, thus reducing toe Irofs on god imports
stocks decided TO take their profits and tn ir sales
brought about general reaction OF 1491A per
cent. A the close, however the market was Fl. NJ
iretone. Net changes showed advances OF l1h@
21s per cent he day.
ing for London accounts In thu inactive issues
Illinois stee fell 212 to 301a and recovered to
3S1sM37; Minnesotair iron dropped to o and rose
TO 43@41; lead preferred advanced 3 to 80 and
Metropolitan Traction 81 10 9l12 Sugar, which
WAS the most act We STOCK, figured for 81, 200
shares. The sales OF st Paul were $4,000 and of
tobacco l9, 900 shares.
Bonds were strong Cincinnati and Ohio gen.
eral four and halls 10 6S; Chicago and
Northern Pacific fives certificates, Is 10 1874
Hooking Valley con- olIdated fives, 3 Le to S312 4:
Iron Noun ain general fves, 10 70; Nor hern
Pacific hrsts, TO II; do thirds, 314 TO 81 10: do
consolidated hves, 212 to AZ: oregon short Line
osxes, IA 10 .04; 40 consolidated hves, "a %
577s; I. joe Grand Island first certificates 2
10 80; Texas Pacific frs $, 2 o 70, and Denver
and Gulf oonso i'd ate1 fives, to 2S14.
In Gov rnment honds $4,000 coupon tours of
1928 brought 113as9l131a: $4,000 do regis
tered 1l3: S-5,00O regis d fours, l091A; $1,000
coupon foars OF 1907. 1O6sa.
Grain.
ELOTR-Firm; winter wheat low grades
81 7OGS2 3d. co fair to fancy, So 4O(G3 40: do
patents, SO 45a3 IS; Minnesota clear So son
81 10; do straits, 81 S503 20; do patents So 15Sd
$iO5: low extras 81 1902 so: city mills, So so;
do patents $4@i 25; mixtures, 81 4uM2 80; SUI
perfne 81 o5@2 10; fine, 81 40@l S5
RYE FLOUR-Qulet and stead at SO 256S2 rs