The San Francisco call., 1896-08-15
NEW YORK MARKETS.
Financial.


NEW YORK, n. Y, Aug. 14.-In the early
trading at the Stock Exchange the tendency of
prices downward, London cables reaching
slightly lower range for American securities.
Arbitrage houses sold about 5000 10 1000 shares
of ST. Paul Louisville and Nashville and certain
of the low-priced issues. An average decline of
about "a per cent resulted, but the dealers were
less demonstrative than of late. The continued
of sterling exchange and the ability Of stock
exchange borrowers TO secure funds al and per
cent created little more bullish feeling. AS the
day advanced and it was cabled from London that
Mr.. Balfour in Parliament had stated that the out
look for the settlement of the Venezuelan boun-
dary dispute had improved, the market developed
positive strength
AS of late, the shorts were the heaviest buyers
and it is not amiss to say that investment ord ers
are few and far between. This condition is likely
to continue until the commercial situation i'm
proves. The reports OF failures from day to day
and the indisposition of the banks 10 lend money
time is OF lost sight of by any means by stock
operators. As a rule the best prices of the day
were current about O'Clock One of the leading
bears was a prominent buyer at this time, and 1t
is estimated that ne succeeded in covering about
10000 shares of Sugar and ST. Paul Manhattan,
however, scored the greatest gain, rising from "a
Sugar rose from 1O0s4 to lOOEs; Burlington
and Quincy from 6sss TO 60; Consolidated Gas
and North west from 9l14 to 9312. In the special
ties Minnesota Iron fell to Al and rose to H.
New England was bid for at 90 against rs the Last
reported sale at the Stock Exchange. Louisville
New Albany and Chicago stocks were steady on
statements by President Thomas that the COM
SSttSSob
bondholders TO the end. Present officials Of the
Monon 6ompany assert that the guarantee of the
bonds were irregular. In the late dealings Man
haitian dropped and the general list "a 10 12.
Speculation closed easier in Tone net changes
leading, General Electric, Tobacco and Louisville
and Nashville slight fraction less. Total sa es
were 201,757 shares, including 81, 300 Sugar and
$500 ST. Paul The bond market was higher;
sales 81, ,022. 900. Chesapeake and Ohio four and
a halls rose 1s TO 71s: Burlington and Quincy
fves. 10 90; Kansas and Texas seconds 10 to
80; Wabash seconds, pa TO 81; Lackawanna and
Western first skies, TO l25: do. registered fours
to To-
In Government bonds $4,000 coupon fours of
1925 sold at 113, $4,000 do 1907 at 1869 @lO61b
and $40, oOo coupon lives at 49,
Grain.
FLOUR-Quet, unchanged. Wheat low grades.
do patents So 45aS Is: Minnesota clear So 20 90
a. 50; dc straghIS, 81 95@3 40: 40 patents So <
"a 20; low extras, 81 7o@2 5O; city mills, So go;
do patents, 81 5a4 80; rye mixture, So 4Oa
2 go; superfine, 81 60@2 So: fine ST 5O@2 O5. Rye
-four, dull and steaoy, at 81 40@2 IS.
CORNMEAL-Steady. Yellow Western, So O5
RYE-More active. No. ! " estern. s7s4ct f. o. b..
sales 5000 bushels No. Toledo at 371hcf O. h.
BARLEY-Quet; 331Ac +. o.. b.
BARLEY MALT-DulL Western, 4S@53c.
wHEAT-Dul easier L. o. b. $3.50: nm
graded red, 56@66c; No. l Northern, 641Ac
Options We're more active asd irregul ar closing
weak at I4c decline with the West and on local
and December mosL active. No. red; August
61Bc: september, 62c; october. 63c; November,
o4t2c. DecenDeI, otS4cs may o034c-
CoRN-Dull, easier. No. 2, 2e12c elevator;
2912c a1oat
Options were duh and weak at 1s614c decline
with the West September most active August
and Septem ber 2S12c; october, 2914c; december,
30S4c; May, 321sc
OA1 S-M odarately active.
options-Du hrmer. August, 21c; September,
201sc; October, 207sc.
spot prices: No. 2, 2114c: No. white 25c; No.
231zc: mixed Western. .1@23ci white do 2l0
2sc; white State, 21@2Sc.
rovjsions.
LARD-Firmer, quiet. western steam, So 65
bid: city, $3 %: September. So 55: refined
steady quiet; continent. So 45: south American,
$4 so: compound, 37s@41ac.