The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-01-08
NEW YORK MARKETS.
Financial.

NEW YORK, n. Y, Jan 6.-The stock mar
ket while irregular to-day, on the whole displayed
more strength than any previous day of the
week. 1t su ccessfully withstood further sharp
decline In Delaware and udson const quent upon
the action of the directors of the company yester-
day in reducing the dividend rate for the current
year from Z to per cent, and also a spell Of
marked weakness in some of the industrias and
the coalers. Delaware and Hudson fell 23z o
1909 and finally rallied TO f1214. Jersey Central
and Reading sympathized TO the extent of ! "a and
5s per cent respectively, but the former partially
recovered and the latter fully made up the loss
before the session closed Among the industrial s
Leather preferred broke pa to 1918 and Tobacco
yielded per cent.
Sugar was exceedingly irregular, although it
fuctuated within range of about per cent and
c,oseI rs lower than last night. Although the
street is attaching more and more importance to
the war between the trust ana ArbucSle Bros. the
reports current in regard thereto rail 10 i'm ulate
any particular activity in the shares The list
improved "A to l1s pr cent, the Grangers, Chi
cago Gas, Louisville and Nashville, General f. &C.
tri: and Western Union be ng noceaby firm.
During the afternoon the advance partially
los, but the crose recovery ensued. Con-
sell Iated Gas dropped 10 141, Bay State Gas to
llss and cotton oil preferred ia to 55, while
Pu .Iman rose to 1913 and Chesapeake and Ohio
"a 10 LIS.
The volume of business showed small increase,
the sales footing up 157,793 shares against 49,
95S yesterday. The dealings, however, were en-
IIreiy professional, and commission houses com
u uQeaSl-
ness is oceasioned by the policy of the Baltimore
and ohio, which, it is claimed, is increasing / s
tonnage at The expense OF rates. especially of litu-
minodS coal traffic. This 1t is asserted, IS dsap-
proved of by the other lines aud retaliaory meas
ures talked Of speculation closed firm. Net
changes show advances OF "A to rs per cent Lou
isvile and Nashville Il adii g. Leather preferred
lost ~ and Bay STATE Gas IA.
Bonds were strong. the total sales footed up
81 gu 600 Chicago and Northern Pacific first
hves certificates advanced 10 Az Erie third ex-
tension tour and one-nalfs, Ia TO ZIP; Kansas
aud Texas seconds, 70 10 6I12; Kansas City
and Northern, ST Chales Bridge skies, 214 10
2514: National star, h skies, 10 10; Northern
Pacific first skies, rs to 423s: Peoria aid Eastern
frsts, 112 70 rs; st. Paul hrsI gold sevens, ! 10
1T, and Texas Pacific seconds. "a 10 D. Long
Island Consolidated fives fell 23z 10 115.
In Government bonds $500 coupon fCurs OF
1925 I'D at 1203s and $1,000 currency sixes 1913
@40osS.
Grain.
FLOUR-Steady, quiet Winter wheat low
grades, 81 3C6i3 AS fair fancy, So b614 90 pat
ents 81 95@5 IS; Minnesota clear S3 Goa
:; straghts saga 40; patents 81 50G6 IS; low
extras. 81 1898 AS; city mills, % 00@4 10: pat
ents So SvG5 55; rye mixtures SIS 1908 so:
superfine. So S0G3 30; fine. 81 S002 IS. south.
ern -four quiet, steady. Com mon fair extra.
SIS 3U@3 IS: good 10 choice, IS rs. Rye -four
CoRNMEAL-DuiL steady. Yellow, 81 sb@
2 %.
RYE-Dull. firm: 4s7sc 4. o. b. aioat.