The San Francisco call., 1896-07-07
NEW YORK MARKETS.
Financial.

NEW YORK. N Y. July 6.-The opening OF
the stock market charact erized by firmness
London having reported a further advance in
American securities there. The early gain was
equal TO 14Gl per cent; nearly every active stock
on the list participating in the upward movement
4 reduction in the post ed rates OF sterling ex-
Change OF 12c, which renders gold export out of
the question unless foreign bankers are willing to
pay heavy commission, the most favorable
development at this time. The drmness was
short lived, however, and soon after the opening
the market broke 12 PA per cent under the
leadership of Chicago Gas and Sugar The former
dropped TO So and the latter to 107A.
sugar was depressed by the redu ction in refined.
Inc grsneers were then taken in hand. and soon
lost 14(dl12 per cent. Manhattan, Jersey Central
and scored material losses. AS of late the decline
brought in orders for European account and
according 10 good authorities foreign houses bought
from $4,000 to 10000 shares during the morning
session. Speculation during the afternoon
quiet for time, but in the last hour the traders hid
the market up all around.
They were influenced mainly by the steady buy
ing ing iof LONDON account although the news from
Chlcago iate In the day was looked upon as more
encouraging. In the afternoon advance Supar
ChcagG Gas, ST Paul, Louisville ana Nashville
General Electric and Pacific Mail notably
strong. Speculation left of firm with prices any-
where from "A to 5s per cent higher than on Fri
qSy last ROCK Island iost 5s and Jersey Central
~ per cent Total sales were 204, LOG shares in
Guiding $4,000 Sugar, 2s 700 st. Paul. 10 700 Bur
Hngton and 13.5OO Chicago Gas.
NJ, - NJ bond market was quiet and firm in tone
The sales were only S607 900. Brooklyn Elevated
sizes rose to So Kansas and Texas seconds / to
81; Chesapeake and OHIO consolidated fives 81 to
l06s4; Iron Mountain consolidated fves 10 TO
- t2, ana Northern Pacific firsts, 12 to 1131h
Union Elevated SKIES declined l "a 10 1915
In In Cover ninent bonds $4,000 coupon tours of
1872 1872 SOLD at 61a; ST 900 registered fours of
1907 al 10S12@1OS5s; $4,000 do coupons at lO91a
@IO9, ana S2OO0 registered fives at 1929
Grain.
FLOUR-Steady; winter wheat low pradas
81 75@2 25; do patents, 80 5O@3 so: Minnesota
clear, 81 40G2 so; do patents, $3 i5G4. Rve
flour 81 40@2 so ''e
CoRNMEAL-Steady; yellow Western So O5A
10; Brandywine. 80 Is. wy
Rl E-Dull; Western. 3Sc E. o. b.
BARLEY-Quiet; as b sacks quoted 32c . n h
BARLEY MALT-Western, asa 53c -
WHEAT-Spot market dull, easter with on
tioDs; I. o. b., 6514c; ungraded red 561L 0661 ~.
No. Northern. 641sc AZ
Options-s eady at 5Szsc: decline on lower
West; September and December most active.
July olc; August 6lSsc; September, 6l3lc; De,
CORN-Dull; NO. z, 33c elevator; 94c afoat
options lower. closing weak; September moat
active; July. 327sc; September, 338sc; October
S3s4c; May, 3514@35$sc.
OATS-Firm.
Options dull; July 2O3Ac: Augnst 1o6Ac.
September, 1890; No. 2 while July, 81 ISc. 7o''
spot prices: No. 2 201sc: No. 2 white 2I &c.
No z Chicago, 2l12c; No 3, 1886: No 4 whiLe
zOHc; mixed Western. 229221ac; white do and
white state, 22e926c.
FEED BRAN-50G5Ol5c
INGS-60G621ac-
RYE-Feed 55c
PROVISIONS.
BEEF-Quiet. Family. SO 5O@9: extra mesa
dnll' steady; city extra India mess 81 1lsr chi
meas hrmer; picked bellies, 41aG531 c: picked
shonlders, 49z1sc; picked hams, 9IA AGIOc
bAhD-Qulet- Western steam. 81 O71I bid.