The San Francisco call., 1898-01-25
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, Jan. A-There was nothing particularly interesting in to-day's stock mar ket previous to the reception of the news that the United States ship Maine had been ordered to proceed to Havana. Until that time the market wholly in the hands of professional traders and transactions a small scale. Standard stocks were neglected and the se- curities of the local traction corporations. which less dependent upon mu- nicipal favors, were briskly manipulated. Later some of the Vanderbilt stocks were taken up and advanced sharply The general market remained persstently heavy during all this time, but huctuated very narrowly, the offer ings being light, well the demand In the international stocks the declines were hardly as pronounced those reported from London. This state of affairs continued until after midday when 1t was followed by general improvement, prices of the majority of the stocks having risen a shade above Saturdays close just before the selling movement induced by the of the Maines movements began. This news regarded with skepticsm at first and the market held for time, but upon the publication of the Associated Press ac- credited report liquidation promptly set in. The offerings were not on tremendously prices fell fast. Specialties which had been marked up in the morning and some of the strength recently suffered the heaviest losses rush. to take profits. The Northern Pa ferers in this respect. Northern Pacific pre- ferred was at one time off points In few cases fractional net gains remained after the late decline, but net losses of between 1 and points very frequent through the list of active lists, including the leading specialties. the Grangers and Missouri Pacific
 The attitude of the authorities at Washing ton in attaching little significance pos sible to the movement of the Maine had little effect in allaying the bearish tendency in the market. With the exception of sharp rallies in the local New York group the market closed weak and the lowest. In the last fifteen minutes of trading Third avenue slumped to example of the instability of this group of stocks.
 The notice from Washington that the depos- its in New York banks on account of the Union Pacific sale would be collected in ten weekly payments, the first Wednesday next was doubtless with the concurrence and approval of the banks in which the deposits lie The Gov ernment arranged in the first place to leave them there in order to guard against stringency it is hoped. may give some tone to the money market. which has grown quite plethoric. with a probability of still greater congestion of idle funds. To-day's call loan market, however showed no quotable change.
 The bond market showed increasing weak ness as the day advanced. in sympathy with stocks, the declines being marked in those bonds which have shown recent strength
 The United States new Is fell izc in the bid price to-day The calling of the Government deposits in New York intends to increase the supply of Government bonds by releasing those which have been placed as security for these RE%ysSF.sy-xFsz
 Total sales of stocks to-day were 4c0 800 Burlington, 2s,7os; Louisville and Nashville I6Oo: Manhattan, 30 TOO; Metropolitan l2 1s0: Missouri Pacific. $500; New Jersey Central ssS0; New York Central, 36. 733; Northern Pacific pre-. ferred, 21 .53o; Ontario and Western, 3e70; Rock ls.52O: American Spirits. 3455: Tobacco. nj. zoS. Chicago Great Western, 5545 Peoples Gas $500; Consolidated Gas. 14 226: Pacific Mai, so75 sugar, 36, l0; Western Union, 3720
 CIOCTNJC.