The San Francisco call., 1897-03-09
NEW YORK MARKETS
Financial.

NEW YORK, y. Y, March 'S.-The week
opened with improved feeling in financial
crces The msrketfor specia ties was encouraged
BY the moIe reassurng advices from Crete in
regard to The Grecan-Turkish complications This
news received general value from the advance CT
per cent in British OILS in London and
from the increased firmness OF The Confidential
markets. Local operators who sold stocks on the
closing days of last week the war scare covered
freely at the opening and in a short time prices
advanced J "A to 15s per cent right through The
list 1t is proper to add that in majority Of in-
stances the highest quotations Of the dav were
attained before the expiration OF the first half hour
Of business, following which there was reaction
In sales by small traders to realize profit.
The impr provement was also checked for a time
by the development Of marked weakness in Man
haitian and Jersey Central. he former fell from
STA 10 S47 on reports that the directors their
meeting tomorrow will reduce the of divi-
dends from 10 either or per annum.
Jersey Central dropped from 941a 10 921a partly
In s. mpathy with fall of seven ponls in Lehigh
and WliK esoarre consos. Jersey Central 5s aiso
Welded about two points During the afternoon
the stock recovered to 9634, while Delaware and
Hudson advanced 10 ana eading 5s per cent.
The special feature, however, was Tobacco,
which suddenly rose nearly per on a ma
teriaIy increased volume of business. The mar
ket closed strong in tone. The total transactions
were 152, go shares.
Net changes show advances of IA to 111s per cent
Louis ille and Nashville leading Tobacco
jumped PA TO II; Jersey Central closed "A and
Manhattan 13s per cent lower.
Bonds were strong The sales footed up sS22-
Valley consolidated fves, 81 do general SKIES
51s; Detroi- Gas oonso idated fives, / Houston
ami Texas Central fours. ] keokuk and Des
None, hrsts. ]; Michigan Central consolidat, d
hves OF 1902 l: Northern Pacific threes 3s :
Northwestern sinking fuud SKIES, 24la: Texas Ia
cine seconds 12, and he cling and Lake Erie
hves ]. Lehigh and Wflkesoarre conso ida. ed
assented sevens brought 971a, az ainst lO41@ the
Lass sale. New Jersey Central general fives fell
15s
in Government bonds coupon fours of 1925 sold
at 12312
FJOUP-Dull, steady. Winter wheat low grades
s2 3OCG2 35; do fair to fancy, So 25@4 so; do
patents. 81 6OG5 others unchanged: Minnesota
Gear, So 40@3 80; do straights S4G4 20; low
extras. 81 30@3 IS; Rye mixture, 81 S0@3 20:
supertne, $2g2 50; fine, 81 1902 IS
Southern Hour dull, steady. Common to fair
extra $3 20GS 80; good to Choce. So 6O@14
Rye flour quiet, steady, at 81 50G2 S5.
al 5O@l go.
RYE-Dull. firm. Western CSC c. /. f. Buffalo.
BARLkY-Firm, dull. Feeding, 263Ac G l. f.
Buffao
WHEAT-spot market fairly active. easier on.
ton; f. o. S41sc; ungraded red, SG@soc; No.
Northern, $3.50.
Options opeLed weak at 1c lower. rallied 1hc.
declined 14c. rallied 14Gasc.. and closed steady
at 13s9lM { below Saturday. May and july most
active. No. red March. S23sc; May SO76c.
July, 7S1sc; september, 76c.
CORN spots dull, frmer. No. q 2S5sc ele.
vator, 305sc ahoat.
options dull and firm at unchanged
prices. July and May only traded in. March,
2Sssc; May. 3U1sc; July, 311ac.
OATS-Spots dull, firm.
options moderately active, firm. May 22c:
July 227sc. Spos prices: 40. 2. 221ac No 9
white, 241ac; No. 2, Chicago. 2314c; Nc. g. 2I1hc;