The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1899-06-06
EASTERN MARKETS.
NEW YORK STOCK MARKET.

NEW YORK, June 5.-The professional trad
ers on the Stock Exchange made industrious
attempts all day 10 get into the current of
speculation But matter of fact there
was almost no current to speak Of so that the
board room traders found themselves drifting
and laundering in stagnant waters. They
changed sides several times in the dull mar
ket. and the net changes on the day are con-
sequently unimDOrtant outside a few of the
specialties, though the general average of prices
- notably lower. The opening showed declines
under the influence of the heaviness in the for
eign markets. on account of the disturbed state
OF affairs in France. Sugar and a NUMBER o.
other sDecialtes attacked and the bears
also had their side falling off in the east
bound tonnage from Chicago, decrease in
Rock Islands net earnings for April and re-
newed strength in the wheat market. The mani
fest dlsuOsitiOn Of a bull party to take UP a
group Of iron and steel stocks on account Of the
eNtraordlnary prosperity in that trade served
to check the decline. The large reCepts of
wheat at interior points offset the fears of
crop damage ana a series OF good returns on
current traffic of various railroads also helped
70 strengthen the stocks of those properties
The local stocks showed & disposition TO ad-
vance and il looked like the Inauguration of a
full movement, when the break in Sugar awak-
ened uneasiness and the making Of commit
ments on the long side put a stop TO.
There was nothing notable in the trading there
after. The extreme break in Sugar was points
and the rally on covering caused some harden
ing in the general list. The recovery in Sugar
amounted to ga. the net loss being "a. Ma
Coal and Iron held their advance rather better
than the other steel stocks. There was q
spread in the American Smelling stocks. the
common weakening sharply. while the pre-
ferred advanced over a point. The pethoriC
condition of the money market. the good rail-
way earnings reported and the general activity
and prosperous conditions in ali general cha n
nels Of trade are accepted causing increas sec
values 70 securities. But the sugar trade wal
and other possibilities Of a setback to the
highly speculative stocks well as the mani
fest disposition to renew unbridied specula
ton in the securities Of the and untried in
dustrials combinations begets distrust and hest
tation the part Of the capitalists
Prices we're much meter maintained in the
bond market than in the stock market but
business in that department was also small.
Total sales par value, 81, 800 600. United States
old tours coupon advanced L. and the threes
and the new fours Il in the bid price
The total sales Of stocks to-day amounted tc
392. COZ shares, including: American Steel and
Wire, Il, 100; American Sugar, So. 700; American
Tobacco 5000: Atchison preferred IS. 400; Brook
Ign Rapid Transit, ., 600; Chicago, Burlington
and Quincy, 5000 Chicago Rock Island and Pa.
citic $500 Consolidated Gas. $500; Continenta
Tobacco. 500; Federal Steel. q. 400: Fedora
Steel preferred, 1900; Manhattan, 1900; Metropo
Titan. 500. Missouri Pacific, 1900: Nationa
Steel. 300; Northern Pacific. $500; People Gas
$500; Union Pacific 1900: Union Pacific pre-
ferred. 1900: Rubber. 800: Western Union 5000