The San Francisco call., 1897-07-16
INV YORK MARKETS.

NEW YORK n. y. July 15.-At the opening
the stock market this morning showed DO abate-
ment OF the bulls sen iment- There was active
buying Cf stocks for both accounts. London quo
tations exhibited fractional advances extending
TO 81 of i polnc for L,uIsvlle and Nashville, and
London HOUSES had buying orders in moderate
volume for that stock The crop weather West
AM tne growing indication OF large demand
from abroad Tor our breaGstuffs exerted a fIvor-
able infueuce- Stocks we're in liml ed supply in
early dealings aud The toue was decidedly strong.
American Tobacco which sold eX-div end
day had an upward movement under active trad
ing here was talA OF increasing earnings anu
The adjustment OF trade contests Local gas issues
were he feature OF dealings, with Consolidated
Gas advancing points.
Sugar refining y rs about the on heavy $40 in
early dealings The was consi era6ie realizing
IN Certh ates and their action induced some Of the
trade eleme to put out CONTRACTS ON the short
side in the expedition that reaction might set in
sym patheticaliy throughout the entire list No
acti u of Importance, however took p ace.
Washington tdviCe5 stated that nO agreement
had vet been reached in the conference upon the
sugar schedule Dizziness characterized trading
carry in the afternoon though the tone OF the
market con inued eood Granger shares neld par
ucutafiy stesoy on % crop reports ana renewed
talk Of 81 Paul being aced upon B per cent
dividend basis
Anthracite coal shares were firm. susquehanna
and Western again in demand, with con-
tnued rumors that certain interests in anthracite
roads were eHdeavOriug 10 secure control. her
was firmness in the railroad bond dep ,rtment
an incident construed fl vorab.y was the announce
ment Of heavy overS ubscTlp ion to issue OF
local street railway hondS on cred BIZ a nromineut
hand were encouraging as to The general business
situation. In re- ard 10 the Iron dustry it
reported that confidence Is ab md Mt, and with
the new arif law Ia force, aud Western farmers
and RAILROADS. flush from plentiful haIveSts. the
fail months will bring larger tonnage TO the iron
and steel nj His The market closed du-l Gov
eminent ponds steady and unchanged Railways
strong.
Money on call ! per cent: time money-6O
days per cent, 80 Gays ga per cent tour mont hs
~ per cent, six months per tent, seven months
per cent good mixed Stock Exchange Col
lateral Prime iudorsed bills receivable per
cert: choice prime single naUes. 31z per cent:
good names, 4d4l2 per cent Posted ASKING rates
for sterling. 81 81 for 4ong bills and 81 IS for
Cemaud- Actual rates: Long bills, - S66S4 SO u :
sight drafts 81 S7G4 STA cable transit "a 81 "A
"a 81 II Domestic exe hauge on New YORK and
San Fran isco sight, l712c premium; telegraph,
20c premium
Money IN London 14G19 per cent Rates of dis
count IN open Market both short and 3-months
bills, lS-l6G5s per cent The Bank Of England
minimum ral. OF discount is unchanged at per
cent The proportion OF its reserve Liabilities Is
49. IS per cent, against 1887 last week aud
SO. II per cent fer he week last year he
weekly statement OF the bank shows total re-
serve increase of 1925, 600 rculaiion decreased
t2l4OtO, bullion increased S1I $40, other" Sc
curiJies decreased &3SSU "otneI" deposi : in
creased @o46,UOU, puOIic deposlis decreased s9I2-
QUO and noes reserve Increased Gl5S 90
Tne weekly statement OF the Bans of France
shows: Aoies IN circulstion increased Is, O25. 600
francs, treasury accounts current decreased .975
600 francs, 80 hand decreased 3.O5O 600
francs bills discounted increased IT'S 0UO francs
and silver on AAnd decreased 3,05O,O00 francs