The San Francisco call., 1896-02-11
NEW YORK. MARKETS.
Financial.

NEW YORK, n. Y. Feb l0.-The week opened
with renew activity and strength in the markets
for securities. The transactions aggregated 421 GOO
shares the largest total for some time pas..
While the bulk of the business was in sugar, TO-
hacco and st. Paul, which were decidedly more
active than of late the offerings were well dis
tributed. The tendency OF the market in the
main was toward higher prices. AT intervals a
few of the leading speculatives reacted sharply
under realzations, but the declines invariably
brou hit in fresh buying orders and rallies quickly
ensued. The bull speculation received its first I'm
peius this morning from London, wnere securities
were above the parity of fours closing on Saturday
The foreigners brought fully 10000 shares in
this market. The reduction of half cent in the
posted rates for sterling exchange and continued
deposits gold in the sub-ure asury account of
payment for the new Government loan stimulated
the new upward movement i'm prices Sugar in the
early trading TO ll51s. but later declined
1l214 on the Introduction in the Senate OF
amendment to the tariff bill TO take OF the 1s diff
ferential on refined sugar.
AS the tarif bill witn the free-siver rider is not
expected TO pass, those who sold sugar down to
rally 10 1885 occurred. Tobacco the most
erratic stock of the day. 1t fell ss to 1884 rose
1872, declined to 1879, jumped 10 1912; receded
10 7712 and finally sold as high S014, closing at
74A. There were heavy purchases to cover shorts,
one firm alone being credited with buying orders
10 the extent of over 10000 shares. The advance
In the general list was equal TO 12 TO 112 cent,
the Grsngers leading
412 TO lib on a reteration of the rumors recently
current that the Metropolitan Traction people had
made an oner TO lease the road on guarantee of
per cent per annum. The stock finally receded to
11l@l1ls4. Consolidated Gas jumped 31s to
16l Is, reacted to 1904 and closed at 1875
Leather preferred fell from 6S to $685. and rallied
10 o6; Baltimore and Ohio points lower at
81. he market closed steady in tone. Net
changes show advances OF 1a to 35s per cent, Man
hat an and Tobacco being in the lead. Reading
however lost 5s: Jers.v Central and Leather com
mon rs, and Leather preferred / ~.
Bonds were active and strong. The sales footed
up the large tosal of S2Ia5,O0o. atchison second
certificates rose So to 27, chesapeake and Ohio
fours l12 to 6312 burlington and Quincy consol
fves 112 10 1862, Cleveland, Cincinnati Chicago
x n I-Iatr
Valley consol fives TO 80, Louisville New Albany
and Chicago general fives PA TO 7414, ST Joe and
Grand Island hrSt SKIES Ger titicates 90 so. Read
Ing first preferred fell 15 to 331, do seconds ~
10 1917 and do thirds rs 10 lS
1925 brought 1865 10 ll67s; $1,000 registered
fours OF 1907 l0e12 and S200U coupon fives IL 33s
Grain.
FLOUR = Steady. Winter wheat. lower
90; do patents, SO 9O@4 Is: Minnesota clear.
81 TUGS 80; do straights $3@S So: do patents,
"a 1894 %; do patents S4 3504 So RIVE mix,
ture. ~ toQS S0 superfine. So 1O(62 10: fine S2@
DO. southern honr-Dull, steady: common TO falr
extra, 81 4Oq5; good 10 choice do, $3g3 So.
Rye nour-ouleI' steady; 81 4OG2 95. Buckwheat
BUCKwHEAT-40 elevator; Ale delivered.
CoRNMEAL-Dull, steady; yellow Western,
81 2OG2:25 Brandywine, 81 90
RNE-Nominai.
BARLEY-NomInal No Milwaukee. 45c de-
hsered; nngraded "a |, Western, ss1a@45c.
aWHEAT-Dull, easy. No. 2 red elevator
S012GsO$4c: ahoat, S2@s214c f. o. b. slIb9
Sls4c: ungraded red, 69@s4c: No. l NORM.
ern, 7534@g7 55sc-
options declined 17sc Oh lower cables. foreign
selling, increase on passage and local realizi1g
with the West weaker. rallied Csc on a better exe
port demand, cold wave West and local covering
clio ing firm at l12Ql5sc below Saturuav' with a.
moderate trade. May and July most active. No.
red. February, 7334c; March, 74Mc; NAV
725sc; June. 7z1sc; July, 721sc.
stocks of grain, store and ahoat, February 8:
Wheat. 5.123,5z9 corn 725, ,607; oats, 2,O3S, ,05S;
rye, 22,s22; barley 3l9.795; malt, l4.2s4; peas,
b5 4.
CoRN-spot easier, duh. No. 2. 34@37c ele-
vAIor; 3724c atcar.
options we're dull easier, with the West and on
local realizing. May and July only traded In.
February, So Tsc: MAY, 3612c: Juiy, 375sc.
oATS-Spot dull. firm. No. =. 251sc: no. 2
white 261sc: No. Chicago. 2612c: No. 3, 241ac:
No. white. 2514@25S4c: mixed Western, 70 100
261zc; white do, 2619@2sc: white State, 261a1
2Sc
Options were quiet, easier. February, 251sc;
MAY. 255sc
FEED BRAN-621a@65c.
MlDDLINGS-65@6f1ac.
Rye FEED-65@g70c.