The San Francisco call., 1897-01-26
NEW YORK MARKETS
Financial,

Financial.
NEW YORK, n. Y, Jan. 24.-Speculation at the
stock Exchange was quiet again to-day, the sales
az gregating only l29 95S shares. In this small
total sugar figured for 19, 500, Burlington for
1890 and St Pau u, 500. The opening was
quiet, following which advance of 1z(61 per
cent took place This was partly the result OF a
reduction in the posted rates of sterling exchange
OF 1ac from - s513G4 s71s, and partly because
the bears did continue their raid OF Saturday.
he loss in ST. Paul earnings for the third week of
January, which proved TO be much smaller than
expected, also used with good effect London
again sold in the local market, parting with 5000
shares OF various stocks.
In tn industrial group General Electric no
tably firm the announcement of the deal for
the equipping of the Fourth, Sixth and Eighth
avenue surface lines had been perfected. Tobacco,
however, was down 70 to 1914 on the legal COM
plications of the pany.
The feature of the afternoon trading was the
heavlness OF the anthracite coalers. Lackawanna
fell 21z to 1872; Delaware and Hudson, 23s to
lO63s; Jersey Central, 21s to SO, and Reading, rs
to 20 81.
The selling was based on the belief that the an
nua reports of the larger companies now about
due VIII compare una Noraolv WIN previous years
one of the Delaware and Hudson leased lines had
issued S1.U0000O of Az per cent gold debenture
bonds last year led 10 1ree selling of Delaware
Hudson shares and played rig ht into the hands OF
the bears. The general list Yielded 214 from the
highest OF the morning in sympathy with the coal
ers, but in the final dealings there fractional
rally. The market closed weak in tone Net
changes Sno" losses OF 1493S per cent IN the gen.
eral list.
Bonds were frmer to-day. The transactions
footed up l,115,0OO. Georgia Pacific first Sizes l
to I13; Kansas Pacific consolidated skies certifi-
Gates rs TO 773z@77; louisville, New Albany
and Chicago first sixes to 1l2; Michigan Cen
trail consolidated sevens 112 TO 1161a: Mobile
and Ohio new skies, l to 1IS Morris and Essex
consolidated guaranteed sevens, 3 to lao, and
New YORK Central extension fours l 10 l03
In Government bonds S11, 900 coupon fours Of
1925 brought 1925 and 123 and $4,000 do OF 1907,
1121z.
Grain.
FLOUR - Dull: steady. Winter Wheat low
grades, 50 30@2 35; fair to fancy, SO 5O14 rs;
90 patents, S4 95@5 Is; Minnesota clear, 3 so
"a: do straights, $4G94 45; do patents, $4 35@
15: low extras 81 3003 35 City Mills $4tl5; !;
do patents, SIS 20@6 As: Rye mixture, S3613 so:
superhDe, 81 50@3 20; fine, So S0@3 S.
southern -four, dull steady; common TO fair ex-
ira, $S sO@3 so; good TO ehoice DO, SO 1904 05.
Rye -four quiet, steady at 81 1898 Is.
CORNMEAL-Dull, steady. Yellow Western,
81 SO@2 so.
RYE-Dun; easier Western, 47cf.o o. b.
BARLEY-Steady. Feeding, 3412c, C. l. .. New
YORK; quoted, SAC C. l. f., New YORK; 29c c. i. f..
Buffalo, and SIC f. O. b.
WHEAT spot market dull, easy; 1. O. b.
ee34c; ungraded red, TIC; No. l Northern,
91Mc.
Uptions dull and weak at 1s@6sc decline, fol-
lowing he west and on local realizing with trad
ing chiefly switching and scalping, and specula-