The San Francisco call., 1898-03-08

NEW YORK. March 7.-The Evening Posts London financial cablegram says: The stock markets here were fiat and demoralized to-day by political scares, consols and similar se- curities closing quiet at the lowest. The scares were all the more potent, coming on the eve of the settlement.
 Americans opened. fiat and gave way steadily on home and Continental selling. The arbitrage houses gave no support until afternoon. when the support considerable Prices closed practically the lowest, including foreigners Spanish securities were F lower. There was much pressure from Paris to sell spanish se- curities as also Turkish securities, and all international and South American stocks Still. considering the intricaoies Of the political com plications to-day's fall more than could be expected. Trouble Is feared at the settle ment if there Is no recovery prior thereto.
 Bar gold is in dnand for American importers at about ITS Tod. Most of the gold arrivals by the Cape boat are believed to have been sold yen in the open market. considerable portion but oett the Bank of England has raised the buy, ing price of yen to 76s sd, and some may go to the bank. Probably s4oo.o 900 in all was bought
 It Is not generally known that clause of the Japanese loan contract provided for the withdra wal of European bankers from the con- tracts If at the time of issue the political situation should be critical
 next Saturday. and 1t is believed in city circles that Russias demand that China shall settle days is significant. including among other objects. the defeat of the loan project;
 The position or spain ana the CIlleO states attracted the most attention. City hnanciers attach much importance to the desperate con- may prompt Spain to aggressive action, or. at least that Spain might not withdraw from the ahat an night Ten sistance to Spain. French interest in Spanish stocks being large. At the same time Spanish stocks are not held quite so largely in France as they were a few years ago
 The February trade returns are unsatisfac- tory, imports having decreased e1, 3oO,o 900; or per cent and exports &220, 900. or about lA per cent The chief decline in imports Is textile materials from the United States and else where.
 Canadian Pacific. SAX Grand Trunk. 7ss; Bar Silver, weak. 26 S-loo per ounce' Money S71@ 2& per cent
 NEW YORK GRAIN AND PRODUCE.
 NEW YORK. March -FLoUR-Receipts 2s 2ss barrels: exports. l7.1s7 barrels. Inactive and barely steady.
 WHEAT-Recepts s70O bushels; exports 125 900 bushels. Spot easy; No. red. s1 07ss f. O. b. ahoat to arrive Options opened easy with the break in stocks. rallied on European war news but again weakened under hearIsh weekly statistics and light export demand. The only afternoon feature was spurt in Septem- Der due to crop scares: It closed lc higher against Ac decline in other months. No. 2 red March sl 0sisqi oss& closed sl oeh May. q % 5-16G1 % l5-16, closed sl ooss. HOPS-Ouiet.
 PETROLEUM-Nonnal NfETALS-The week opened with the Metal market in generally promising condition. The Metal Exchange reports to-day's closing tones and prices follows;
 PIGIRON-Warrants steady at s6 75 bid and ss S5 asked.
 LAKE COPPER-Strong at Sn s71a bid and
 TIN-F'irm at S4 25 bid and s4 30 asked I.EAD-Flrrn at s3 so bid and 8 S7ta asked. The firm that fixes the settling price for miners and smeiters calls Lead steady at 8 50. cOFFEE-Options closed dull at unchanged prices Sales. s25o bags. including May, s 55. Spot Conee-Rio. quiet; No. invoice, 6lsc; No [ 1obbing GAG: mild steady: Cordova. SAC. SUGAR-Raw, barely steady; fair refining. 3ssI3 Ill 16c; centrifugal. 96 test 4kc; refined, BJITTER-Receipts sS15 packages Steady: Western creamery, l5G20c; Elgins 2oc; fac EiGGs@Receipts. 12.s2s packages. Steady: State and Pennsylvania, uAc; Western. uc; Southern. uQ11hc.
 DRIED FRUITS. NEW YORK, March 7.-Caifornfa Dried
 APPLES Strong: other fruits about steady prime wire tray. sls9S%c: wood dried prime, ssskaSssc; choice S49sc: fancy. sM0lOc
 PRUNES-3h@sc
 APRICOTS-Royal. 6hGsc: Moorpark. s550
 PEACHES -Unpeeied. 5@9c: peeled I29lsc
 CHICAGO GRAIN MARKET.
 CHICAGO, March IA good deal of nerv- ousness was shown at the opening in wheat The start was lower July at 9NQ9Ac showing