The San Francisco call., 1897-03-23
NEW YORK MARKETS.
Financial.

NEW YORK. n. y, March 22.-There was
falling of in business at the stock Exchange to-
day, the sales az gregating only 1928 shares
Iirmness characterized the early trading. the abb
sence of uniavoraole news from the Levant and
the steady absorption of the Vanderbts being the
main factors work. In the case of New York
Central, 1t again stated that the banking syn
dicate was making progress with its scheme for
the refunding OF the companys Indebtedness, and
on this the stock rose to 1U2. The Improvement
in the general run of active stocks was less i'm
portant and ranged from "A to per cent. r sud
den break IN Jersey Central from 90A to SO de-
stroyed the good feeling however, and the i'm
provemeGt generally lost. New ork Cen
tral did noE sympathze and held strong through
out
The decision by the United States Supreme
Court in the Trans Missouri Freight Association
first affirming the constitutonaliIy of the Sher-
antitrust law another unfavorabe de-
We opment and in the afternoon the grangers were
sold in large amounts account of this action of
the court Burlington and Quincy, st. Paul and
Northwestern were especially weak in this group
The decrease OF over $477,0OO in the February
earnings of the Northwestern accelerated the
downward movement in the ock. In the indus
Trials rubber and leather were weak, sugar firm
and Chicago Gas strong. Rubber declined 1a00l1a
PER cent the talk OF increased com petition
while Chicago Gas was in demand on rumors of
favorable Developments shortly. The last named
rose TO 81 "A, The highest p int Of the year.
sugar recover ed 10 l14S4 on the decision rem
dertd by Judge Morris in the Wilson Spice Com
pany case, which is in favor OF the Havemeyers
Jusi previous to the close OF the market it tcox
ern Union TO s4s4 The furry was attributed to
covering OF shor5 contracts Speculation closed
firm in tone Net changes show losses of 14@l3
per cent outside OF sugar, Chicago Gas, New YORK
Central. Western Union and Omaha, which gained
1sG12 per cent In the total sales Chicago Gas
figured for 49,. 90 shares, Burlington and Quincy
IL, 200, sugar II, 700 and New York Central l6 :
2UO.
The bond market firm. Sales footed up
81 345 OUU. Consu mers Gas OF Chicago firsts rose
~, EIie second extension and a halfs l.
Harlem first registered rs, Kentucky Central fours
], Lefigh and Wilkes barre consolidated assented
fves J. Ohio southern first skies i. st. Paul and
Omaha consolidated sIxes !, st. Paul, Hastings
and Dakota sevens l3z Brooklyn Wharf and
Warehouse fves were weak and fell 312, Long
Island hves declined 1. Missouri Pacific consol-
Gated six es and Ohio and Mississippi second
consolidated sevens l.
In Government bonds $4,000 coupon fours Of
1925 sold at 1z31z and $4,000 registered at
1914
Grain.
FLOUR-Dull. steady. Winter wheat. low GRADES
az 30@2 So: do fair to fancy SO 25l4 40; do
patents. S4 t0d4 90 others unchanged: Mime
sofa clear, So 3CG3 So; do straights, $4d4 IS: do
patents So 90G4: low extras. 81 30@p3 rs: city
mills, SO 60@4 sO Rye mixture. 81 S0@3 4O
superhDe, S2@5 U5; fine, 81 h09s2 S0.
southern flour: dull. steady. Common TO fair
extra, SO 20@3 80; good to ,hoice do So 60@4
Rye Hour, quist, steady at 81 40G2 10
tORNM rA i--DuiI, steady, a. 81; yellow, 81 10
al -; Brandywine, 81 IS.
KfE-DulL steady. Western, &c c. l. f. Buffalo