The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-08-29
NEW YORK STOCK MARKET.

NEW YORK, MY, fug. 2s.-The stock mar
ket made remarkable show OF strength through
the short session to-day, practically the whole
list tending steadily upward with scarcely halt
There was proft-takfpg at tervals during the
morning but the sales realize were absorbed at
gllp with scarcely impress sion. and che buyin 6
r.sUnaed and kept up stea lily IN til the
sharp advances in the prices OF American secur-
ties in London gave o. impetus to prices al the
opening ArotaFse brokers also tough. some OF
M fNterhatloa@t ockS- his buying was not Ia
large propor ions, but least one banking hous =
NOT regularly engaged in arb.trace dealings -
known 10 have oeen buyer Tor account OF for
efgn investors.
Inc seesaw tFeet ofthe decline in wheat u as again
manifest today and The crop damage scare Of Ias-
week d placed by renewed confidence IN the
yield of whee. - a he SAFETY OF corn. he gran--
ers were largely dealt In on the strength or this
factor, but they m0ved over somewhst reSyrjc ID
rage on aecOun, OF a.izng sales, which efectei
no very marked resc.iOas
.Th- week in the market has seen the almost
to,al Abatement Of he crop damage scare, Whi,h
eEer' 81 pressure on prices al iast Week Even
tie publication OF the Governments weekly crop
estimate on Wednesday Win rs uhlaN uIaU'e
view = the condition 81 tire % 10 crop anu The
yied OF spring wheat Oh y fleece temporary
resC-l o and that TO Of large pro' or Ions ct9eT.
wise The marNes has je-ded s-ea1i-y upward all
wees
The to;al sverase decline Of the previous. week
as ooliterated on Mon a.. and me weeks rise
% ~ carried prices 70 tie TOP levi or he M We.
ni-8r. detailed analysis or some q the raiio al
reports showed that increased earAlnes were du+
rs much 10 wesIhoGu genera n ~ nan use IS
70 cas-. bound Grain tratiic THIS intr--se in gen
era, freight bus ness q G the reported growth Of
telegraph huSIrrss were made enectlFs use OF as
reliable indication of The expansion Of &c eraI
business in the % lurrr. ne sentimental effect
or doIrr waeae 10 sinai isetor in efec.lnS
The resumption 4 tae upW,rd movement III ihe
A feature OF the EEK has been the reduced vo,
une OF transactions TITUS he reactl u m the
{ 10 iiquidate. On the oth'r hanu. the sh-Fg Il
zvanCes on MO0dGv and some other days W re on
total volume Of tTa1s2c1ie nN only abJLt one-thr
IS large a. some Gays during the recent period OF
crez test aCivi- A. he same time il - evident
ths- very heavy orders % realize :rs placed u
&c tain eVel sDoVe me marH-t IN the prominent
speculative stocks. VIII Oh checks any advance
ABOVE certain IOint. ON the other hand tGe-e i
sFidence heavy GuyiG orders some OF them on
an Increasing scale dOwuwart which are strong
tuJtress TO the nlarSet below the existing level,
AMI which Demonstrates the rata large O era
condition gives 3 remarkably firm and steady tone
IL o. rpar6et-
\ nun Der OF stocks have attained prominence
duriuz the week. Missouri Pacific and c.
AMI y. are the most noteworthy EXAMPLES,
and today Omaha was addict 70 the is with a
jump OF poi, IS il the halliday trading The
last that me money market ii ->ew ! ork has be
come easier during the wees : hard 10 eNpai1,
sc.iviLy al over the coun ~. he fsi uie OF the
money market 10 harden is sttTibAtet To the fac
has the heavy rettenchne ana enormous liqul-
dsti0n which has been 2 ing 4 for months 10
every department. OF business have lett srge sur
Plus fun4s available al interior pon-s as we'll as
in New York.
me pIeth "a OF money is the cause of deferring
the gold import movement rates for money ruling
higher in he London market han mere. Net gains
ior the week equal or exec poiats in very
large nun Per OF shares. The bond ITsr strong
Throughout Ioial sales S1o, 100000 Govern
ILent bonds moved upward 1411a during the
week o. sizes OF on-y $50. 700.
stock sales-AtchIson preferred, 2O,1U0; Chesa-
pez>e and Ohio 1880; Burlington, 12,5VU;
Louisville and y ashvjl.e. 1900; Missouri Pacific,
5Ts5: Northern Pacific preferred, 500; ontario
and Western, $3.50; Rock Island 1900 -
Paul. 24,175; It Paul nj Omaha. l6, 100, - nth
Railway preferred. 400; Z. P D. and u,
4U00: Wabash preferred. ZOO; La Ciede Gas,
ol5g; Sugar, 1857; tennessee Coal and Iron,
$; este UnIon, 4lU7; Chicago ana Great
Western. $500