The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-01-07
NEW YORK MARKETS.
Financial.

NEW YORK. NY, Jan. 6.-Speculation at the
stock exchange during the first hour of business
was characterized by firm tone. owing mainly TO
advices from Washington that the Cameron reso-
luton on the Cuban question would be buried in
the committee. This news resulted in further
purchases TO cover short contracts well as for
the long account but there was little interest to
indicate any marked revival Of outside interest in
speculation. The general list improved "A to 1873
per cent, the latter in Chicago Gas, which was
bought by brokers usually identified with the in
siders. Among the srecialtes Consolidated Gas
jumped 31s to 145Ts, and Delaware and Hudson
1s4 TO l2l$4, the latter on rumors that the usual
dividend OF per cent would be declared for the
current year BY the directors al their meeting
to-day.
After midday the demand for stocks generally
fell of and The market relapsed into dull state
Between THESE two influences prices increased
frac ionally all around The bears pucked up
courage and hammered the leading shares with
some success. Sugar ran OF point on the
steadily in. reasing opposition between the trust
and the ArbuckleS- Consolidated Gas reacted
from l45HS TO 144 on the Introduction Of meas-
ureS at AlDaay for reduction in the price of gas
10 81 or under per 1000 feet. When 1t became
definitely known that the directors of the Della
and Hudson Canal Company had decided to
pay only per cent for the current year, that
stock broke rapidly S14 points 10 1874, closing
at the lowest figures.
The sharp break had surprisingly little effect on
the general lis. the decline from the highest hav-
ing been "A to per cent outside of Jersey Cen
trail, which ran CIT IL 10 l01. There little or
no pressure 10 sell except from the Ioom raiders.
from the lowest. Net changes show losses of lao
"a per cent Delaware and hudson. however,
lost 612 per cent. Total sales 14S,496 shares
including % 300 Sugar, 1850 Burlington and
Quincy and 800 St. Paul.
Bonds were lrregu ar The sales footed up
ST. AGO, 900. Atlantic and Pacific tours rose 10 4O
Chesapeake and ohio, series a. TO 10; do Rich
mond and Allegheny first consolidated TOURS / to
SO; Detroit, MackinAW and Marquette Land Grant
three and "a halls, to 20: Fort Wayne and Chi
cago first sevens l TO 1876; Northern Pacific
thirds, to 49, Reading thirds preferred l 10
1914; Scioto Valley first fours l to 81: Union Pa
cific, Denver and Gulf consolidated SKIES ! u. to
3612; Wabash seconds, to 1914, and Standard
Midland first mixes fell to III; Oregon short
Line consolidated fives certificates, l15 to 631A:
St Paul criminal fiYes, 112 to I'LL 40 Iacka.
wana and Dav. fives, IL TO 100, and Minneap
oils and Manitobl consolidated skies L to 1913
Government bonds, $4,000; coupon fours Of
1925 sold ~ 12O1s@12014
Grain.
FLOUR-Quiet about steady Winter wheat low
grades 81 IL as As; fair 10 fancy, So 554 80; pat
4: straights $494 40; patents. ST. 5O05 IS; low
extras, So 35@3 As; city mills, 81 00@4 10; pat
enis, So 30@6 30; rye mixtures, IS 25@3 so:
supertine 81 5O03 80; fine, 81 S0@2 95. South
-four quiet, steady. Common fair extra
So 3O@3 So: good TO choice, So 76. Rye -four
easier, quiet at 81 S5(93 10
CoRNMEAL-Duil, steady. Yellow, 81 9b@
2 O5.
RYE-Firmer at 4s7sc +. o b. afioat.
BARLEH-Firm; feeding, 1914 T. o. b., ahoat.
at lower prices +. o. b., 1856; ungraded red
7S@S7c; No. l Northern, 923s-
Options opened firm at 1s0l3sc advance on
foreign buying and reported crop damage in Ar
gentina, declined 134@iI sc on Tree liquidation
Yves; and here, rallied 1s@12c and closed steady