The San Francisco call., 1897-08-08
NEW YORK MARKETS.

NEW YORK, N. y, Aug. THE report that
Metropolitan Traction had secured control Of Man
haitian Eleva ed caused a sensational advance in
the latter stock to-day. Opening figures showed
al advance ranging from 314 to 434 points from
the last sale OF yesterday and further Iise OF
poi Is followed, after which the stock reacted
sharply. In the general stock market trading was
on large scale and the tone very buoyant West
ern Union and Missouri Pacific showed pro-
nounced strength. pl obably in sympathy with
Manhattan, but advances were so general tn rough
out the list 1t would Ell N useless to partc
uIarize. In Granger shares and number OF other
movement were established An additional slim
uIus The advancing tendency of the market was
furnished by advances in merican stocks in Lon
don and by purchases In this market by foreign
houses.
Transactions for the two hours Of business were
in exec IS Of 32u. 900 shares. Among the special
lies Kansas and Texas and Chicago Great Western
were strong and active ana anthracite SOCKS were
all firm. The industrial group was rather neg
lected though American Tobacco and United
stat Leather preferred were strong.
The weekly bank statements showed some strik-
ing changes, some OF which at least refected in
creased activity in business in and outside the
stock exchange The gain In loans Of S6,566,000
was encouraging showing. There were signs of
greater f5rmness in the money market Tue loss
In cash was in part r. hection of last weeks ship
nents of rod l. gal tenders decreasing S4 553 900
specie holdings on the other hand increased $685.
600. Deposits increased % le1OOO, d IN con-
seoueuce of the decrease in cash in The sur
MUS reserves of $4,7lS00O shown. The
tan stl hold Sal, l,00U.OOO in excess OF legal re-
q8irements.
Government bonds steady and UNCHANGED Rail
Money on call 11s per cent: time money-6O
10 rs days per cent months z1s per
cent 5 TO months 8 per tent on good mixed STOCK
EXCHANGE collateral. Prime indorsed bill receiva-
be. 3rag3s4 per cent; choice prime single nan,es.
posyed asking rates for sterling, $4 S51a for long
bills and 81 S612 for demand. Actual rates: Long
al s61z: cable transfers, S4 s61a Domestic ex-
Sbaoee on New York: san Francisco sight, l5c
premium; telegraph, l74ac premium.
wheat and Flour.
WHEAT lO:3O 900 1900 100 2:lo
zTsss6 S,s5s@s III III y s5Fs sss{s =
spoJ weaker. less ac We; !; O. b. anoat % NO.
NoTtnrrn sDrlng New York, 905Sc; NO. l hard
Du,uJh ezssc: No nad winter, S7Ssc; No.
sI future lure 9a cosasg ber s8sc; December
'fFLouR-sprtng. in bbls: No. extra, So l5@
5 25: No ] extra. SO s593 90; stralghts $40
GRbfN efrnIs FREIGETs@New Fl York TO Liverpool
ty steam, 314d
Produce.
CoFFEE-Rio. spot duh, weak; No: 2. 7i4e
Future trading closed February 81 Oo@l ~;
March, 81 lO@7 Is: MAY, So 2OG7 70: Autust
Sc eOCa8 s5; september. So 7Ot96 rs: October.
70@o rs: Decem Der. So S597.
LARD-P Prime. S4 IS.
PORK-Mess SSQpS %
TALLOW-33 33s@312c
RUTTER-CTeamery, western, LOG
EGGS-state. fresh gathered, 1Sc
sUGAK-Raw, dull firm: S9-deg test. o14c
eeGeg test Ss4e Eein active ana hfi9 r.. pn,ls.
delphia and Baltimore refined 80 ~; rennea IN
bulk, 80 70.
HoPS-Crop of '95 SG4c: crop SO. e@9c coast,
bOG7Os.
HIDEs-Buenos Ayres. dry 20 ns- 1s15@19c:
Galveston. 20 to 25 lbs. l415G1519c.
Observation-Disclosures sole. Buenos Ayres. light
tc heay2 Ssght& lsGisc: aid. l9@aac'