The San Francisco call., 1897-11-10
NEW YORK sToCK MARKET.

NEW ORK Nov. 9.-The tobe of the market
during the latter part OF the days trading was
strong There was STEADY buying of a good char
acter al day which seemed ne for long account,
and in the final transactions the shorts were
driven TO cover quite urgently, carrying the level
o. prices strongly above last nights close so that
the gains nearly all active stocks are over a
point, and in many cases, notably me grangers
ard some Of the southern stocks, nearly two
points he professional bear element was pre-
pared for a continuance of their successful cam
palgn OF yesterday, and they set bout raiding the
narlet very soon after the opening which showed
fractional Improvements in sympathy with Lon
don sugar was the vulnerable point of attack
ana was driven down over per ce nt on lll-defned
rumors of charges 20 be formulated of illegal en-
tue, OF imp I. ed sugar
The tears also succeeded in depressing New Jer-
sey Central Manhattan aud one or two other re-
Gently susceptible stocks But the sympathetic
de'l,na brought aLOgt in the rest of the ist WAS
narrow and gave sufficient warning 10 tie bears
that they were not TO have things tneir own way
50 untesisttd d as yesterday. The coalers showed a
marked ,end-ucy 10 recover from their recent de
ptession On reports OF an agreemen. by the com
pe!lhS lHtereS- 5 IN trade The southern railroads
enjoyed he teneft of the very large cotton move
meut which Was presented from the lif of
fever qUarant mes ana which has sent the price of
cotton TO near the lowest record.
The whole raiw Y list also rengthened
BY consideration OF yester lays supreme Court
decision denying the right o the Interstate Com
meTce Commission TO ENFORCE abSolutel the .ong
and snort maui C ause OF the Interstate iav There
was q mar&ed subsistence OF apprehension regard
ing relations with pain account of Cuba
and IN i'm alton came during the afternoon
after he tabnet had gone into session at Wash
inGfOn. that official announcemel 1t would bs
male there tomorrow OF an expressed will ug-
B"s The part of pain TO accept the good offices
OF tne Unl;ed -tates n aiding settem ent of the
ul an question.
Ole OF the strongest factors in the improved
tom the large and confident buying TOR
IoH don account. 1his especially marked IN
~ Paul Louisville and Northern Pacific pre-
fer I'd.
Money in London shows an easisr tendency and
invites TO increase speculation Part OF the buviuq
also as iucidt n the settlement in progress on
the London exchange. Reports of railway earn
Northern Pacific showel ii decTea for the fourth
per- DDS OF duluess ard hesIancy during the aav
aud sales ali stocks were less than 400 900
aha es. of which sugar, Bur iugton and 81. Paul
ma e up nearly half
TIE bona market rather quiet but prices
held firm Total sales. 1350,OO0 shares.
1ted states fivts declined Is bid and The twos
reg stored 12.
The total sales of stocks to-day were 370,6OO
sha res including: Atchison preferred 566A
Che Baucake and Ohio 1872 J. Burlington 40 U25,
Louisville and Nashville l4,4lU, Manhattan 46lO,
Mifsouri Pacific 940O Missouri, Kansas and
Tel. preferred 1878, New jersey Cenual TO-
100, e~ York Centrat 3z71, Nothern Pacific
Pic erred l0675. Northwest Terminal 1860,
Res ng 1875, Rock Island 5 9l5, ~ Paul H.
A42 Southern hallway preferred f2SJ, Union
PAtihc e455, American Tobacco 440O, Bay state