The San Francisco call., 1897-06-13
NEw YORK EXCHANGE.

NEW YORK. y. y. June I2-The stock mar
ket opened with an easier tendency under the io-
huence Of realizatons which carried sugar down
l12 after initial gain OF So
Covering by shor s at the low level and a brisk
demand by the commission houses for the low
priced shares sooa checked the reaction and led
10 material improvements some of the special
ties Sugar tremendous purchases for both ac-
counts rose Is per cent TO 1855 vi h a subse-
quent easing ofT The advance created oonster a.
ton among the shorts, who were also disconnected
b the successive advances in the p;ice of tn g.
ccmpAny's product Heavy realizing sales in
sugar depressed prices somewhat from tile test,
which caused sympa- hetic downward movement
in the general list carrying prices 10 the lowest of
the morning
The STOCK market was more quiet to-day than
during the week. but the tone OF trading continued
ket and underwent wide fluctuations on heavy
dealings. The passage by the enate OF The
thedules favorable 20 the sugaT-refning industry
caused buving OF the stock but doubts ns TO the
acceptance OF III schedules by the House induced
profit taking and gave an irregular tone { trading
Jersey Gentra rong feature, adva eng
on buying for both accounts and other coal stock
were steady also. London quotations for Ameri-
cans showed fraction i declfues from the New
YORK final prices, but the local market Ignored
this at the opening and dealings Tor or-ign &C
were upon small scafe only. Granger
shares were only moderately active and rather re-
The weekly bank statement showed an increase
Of $Z,2sO.O0 IN the surplus reserves as result
OF the increase in cash hodings OF S?,244 900, 10
gether with incress in deposits of So, ,S55, 900
there was an increase in loans Of $3.50 O0O,
which does not frlly appear in the deposits. The
increase OF $3. 2S1 coo in legal tenders due
both receipts OF currency from the inter or and
to recent disbursements b. the SUBJ reasury. The
market close dull and with few exceptions be-
low the opening figures There was no news de-
veoped with The course of the day, but dis posi-
tion 10 reailZe prof over sunday strong and
prices shaded during later dealings. The bogd
market was active and stronger than that for
STOCK.
Money on call l@I14 per cent: time money-6O
and 80 days per cent, our months .12 per cent,
six and Sven months per cent; nine month"; =
34a per cent on good mixed STOCK Fx. ha ge
312 Ter cent: choice and prime single names
81a6D4 per cent; rood names 40DS per cent
Pos ed as&ing rates for sterhng "a S6L2 for
long bills, "a SO FOR Gemand. Actual rates, long
bnls, s4 sas4G4 SO; sigh, drafts, 81 81:
change on >ew York and san Francisco sight
l71ac premium, telegram zoe premium
The Financial Chronicle computes The gross
earnings OF 81 railroads for May $39, II / $780,
an increase of $l942,7s2 as compared with the
ing May 81 the gross earnings were $3.50 7O6. 7O4
an increase Of $l,O025a5 as compared with the
Money IN Iondou 12 re- cent Rates of dis
count in open RarKe. for both short and three
months bills 15-l d 10 per cent
Wheat and Flour.
WHEAT lO:3O 1900 1900 90 2:lO
guy ss3. sssss ~ ~ 81. AZ
spot duI. timer; +. O. o. anoat No. North
ern spr ng New York, q712c; No. ] Northern
spring Duluth, 7s1zc: No. nard. winter, 741zc;
NO. hard winter. 1614c
Future closing: June, 75S4c; July, 1876; Sep
tenn ber. 701sc; December II L2c
FLOUk-aoring. in bbis: \ o. 2 extra, 50 25@
80; No ! extra, So 5OQ3 20; straights. So FOG
3 30: paten.s g 1904 l5
GRAN FREIGHTs-Nex York to Liverpool
by steam, I'd.
Produce.
COFFEE-RIo spot dull but steady. No. 7,
734c.
Fu,ure trading closed: June, 81 2097 25: July,
81 2O(a7 rs; september, 81 30@7 80: Dece mber,
81 30@7 35
PBGN IsIoNs-Lard. prime. So S712@3 so.
PORK Mess, SS 250S75.
TALLOW-3 l-I6G31sc
BUTTER-Creamery, Western, l5c.