The San Francisco call., 1898-10-11
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Oct. 10.-The room traders on the Stock Exchange turned bears again to-day and sold stocks all through the list Outside of few cases they did not meet with much success in securing a following but in a num- Der of high-priced specialties and later in the day :n some of the railroads, the declining market did induce some liquidation This was notably the case in Northern Pacific, which went in the last hour to-day to 9sas a loss Of 1%, and closed heavy in tone. Offer tngs in this stock were very large and the price movement revived rurnors of irreconcil- able differences between the two powerful financial interests in the property. The large German holding of this stock made it peculiar ly susceptible to the effects of money strin- gency in Berlin, indicated in the rise in the Imperial Bank rate to-day to . per cent The same factor affected other railroad stocks also. In fact, the influence of all foreign markets was on the side of the bears. The negotia- tions between Great Britain and France, ex- posed by the publication of the Fashoda blue DOCK caused sufficient apprehension to pro duce decline Of B in British consols and to tnued uneasiness in France over domestic politics and the possibility of the failure of the Peace Commission to agree upon terms were also on the side Of the bears.
 There was some alarm over the spread of yellow fever in the South. in which Illinois Central was the most severe sufferer losing lI5 points. Losses in the Grangers reached a point except in St. Paul, which resisted the decline. The principal activity of the mar ket. however, continued to center in the in dustrial group. and Sugar fell to no with no visible support. The offerings on the de-  Leather preferred, Manhattan. Metropolitan Street Railway and New York Air Brake were all sufferers at one time or another during the day to the extent of from 1 to points. To- bacco was 8 prominent feature but ruled above Saturdays level the greater part of the day in acquisition of a large plug tobacco in terest- The price advanced at one time over points; the stock closed unchanged. Lake Erie and Western common and preferred fell at one time Sh and 1o12 points respectively The preferred rallied nearly points. There was no news to account for the decline A loss of points in Oregon Navigation pre- ferred was also unexplained There were no reflections in the stock market of the active foreign demand for wheat for export or Of the evidences of the expanding business of the country in the increased demands Of the West for money The transfers of currency at the sub-treasury for shipment the West amounted to sS10,000. Conditions in the money market continued easy
 Bonds weakened late in the day in sympathy with stocks. Wisconsin Central firsts losing an extreme 2A and Oregon Short Line increas- ing IF. Total sales. s2. .450, 000.
 United States old fours coupon and fives ad- yanced A and the new fours registered and the fours registered B in the bid price
 The total sales of stock to-day were PTS. 100 shares, including: Atchson preferred 4O6S; Harrington 9623 Louisville and Nashville S556; Manhattan, 1920: Metropolitan 49l5; Northern Pacific. S7,690; Northern Pacific pre- ferred. 4750; Rock Island 3350: Union Pacific z72o; St Paul. I,S20; Union Pacific preferred 6SE0: Tobacco 55,520 Peoples Gas, 6555; Sugar 79, 573; Rubber 4I30