The San Francisco call., 1898-08-11
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK. Aug. 1O.-Pretty much all of yesterdays loss in values was retrieved in to- days stock market before the definite news was received from Washington that protocol had been agreed upon between Secretary Day and NJ Cambon for the negotiations of a treaty of peace. But this news awakened the market Into renewed activity after a period of com+ parative dullness and some recession In prices, and carried it to the highest point of the day, holding 1t within a small fraction of that point until the close. The early strength in the mar ket in spite of continued doubt whether or not the whole peace movement was endan- gered by Spanish quibbling. The weakness in Spanish 4s in Paris and London gave some ground for such apprehension. But & recovery in the wheat market, renewed takings of wheat for foreign account, and especially St. Paul s statement of earnings for the first week in August were sufficient to turn the tide of sentiment from yesterdays bearish disposition and to induce shorts to cover. The St. Paul statement showed an increase In earnings over the corresponding period of last year Of SZ4 zS1, or the largest early August earnings in the history of the road, with the exception of those of 1882 which they nearly approached. The statement is significant indication that there has been a sufficient recovery in the grain movement after the decline following the ab- normal movement caused by the Letter deal to supplement the large current movement or gen erai merchandise and bring the earnings back to last years high level.
 Naturally the grangers led In the day 8 movement, Burlington showing extreme rise of 21a per cent and St. Paul of 2 A continued large demand for Peoples Gas also helped the morning movement. Tn the afternoons spurt
  tnand for Atchison preferred, and there was some realizing in the grangers under cover of this movement But the close was strong and pretty near the top at net gains generally of between l and points. Lenders of money per haps were little exacting regarding se- curities to-day. Payments into the sub-treas- ury on account of the new bonds are large and the Governments deposits with national banks do not fully keep pace The drift Of currency 10 New York is also falling off, New York ex- change at of the important domestic centers having fallen to discount.
 Business In bonds was comparatively light in the early part of the day, but the demand in creased and prices improved in the later deal lngs. Total sales, 8, 765 coo.
 Government bonds were unchanged in the bid price
 The total sales of stocks to-day 457. 7OC shares, including; Atchison, 5000; Atchisor preferred. 27.745; Chesapeake and Ohio 7335 Chicago, Burlington and Quincy 8. 720; Cleve- land Columbus, Cincinnati and St. Louis. 42S5 Louisville and Nashville. 5000: Manhattan TO-. OBS; Missouri Pacific, S525 Northern Pacific 10. 100; Northern Pacific preferred. 7574; Rock Island. 25, ,037: St Paul. 49.995; Southern pre-. ferred 7O00 Texas and Pacific, 6125; Tobacco 754O; Chicago Great Western $500; Peoples Cas- 2S, 900; Consolidated Gas, 4110; Genera Electric S923: Pacific Mail. 3375; Sugar pre- ferred 24 439; Tennessee Coal and Iron il 2e7 Leather preferred, 21,725.