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Show COPPER CONTINUES FIRM IN ALL MARKETS Local Holders Are Inclined to Ask Higher Prices; Lead Unchanged. -t- SILVER. -f 4- New York cic 4- 4- San Francisco Clc -f 4- LEAD. '" -f 4- New York exchange $4.S5Jf4.!0 4- COPPER. 4- 4- Now York exchange 15'S'lGV6c 4- 4j 444f44 444 NEW YORK, Aug. 25. Tin experienced a light reaction in tho London market after a higher opening and closed at 102 Ga for spot and 151 10s for futures. The local market was quiet but remained firm with spot quoted at J33,35S3.C2V4. Copper continued firm in all mnrkcts. with the spot position higher at 72 12s Cd in London, whllo futures wcro unchanged at 72. Locally, holders were inclined to nBk still higher prices and both lake and electrolytic arc now quoted at $16.25(E?16.G0; casting, Slu.STVtG'lG.mt. Lead was quiet and unchanged at Jt.SSf? i.EO In the local market, but advanced slightly abroad and closed at 11 2s Gd in London, Spelter was Unchanged at 25 In London and at ?5,C5ffG.75 Ideally. Iron was llrm and higher In tho English Eng-lish markets, Glnsgow closing at 51s and Mlddlosboro at 4Ss -Jid. Locally, the market mar-ket is reported firmer Intone but the general gen-eral range is unchanged; No. 1 foundry foun-dry Northern quoted at ?1G.257;17.00; Xo. 2 foundry Northern, 515.75iTlG.C0; No. 1 foundry Southern, $16.23IMG.75 ; No. 2 foundry Southern. SI5.75QtG.25. Stock Market Letters. James A. Pollock & Co., G West Second South street, mako public the following letters on the stock market: Logan & Bryan, New York, say: "Yesterday's "Yes-terday's reaction was continued nftcr this morning's opening and for a little whllo prices slid off rapidly. The recovery was quite unuorm, tnougn at times somewhat labored. Nw York advices lean to tho Idea that there is possibility of a hitch in peace negotiations. If realized, this would have at least a temporary adverse effect on the market. The recent advance nnd Increase In commission business has impaired somewhat the market's position, as stocks have been fairly well distributed distrib-uted and are naturally In weaker hands. Underlying conditions, however, remain strong. For the time being would buy stocks on good setbacks onlv." llutton & Co., New York, say: "The setback in today's market was caused chiefly by the situation at Portsmouth and some concern by big operators as to the technical position of Rending common stock. Both factors caused heavy selling sell-ing and in lieu of any particular support to prices, a decline was Ecen in tho forenoon fore-noon session. Tho condition of market tonight not only looks sold out but very much oversold." Dick Bros.. New York, say: "General realizing and a lot of new short selling followed a 4 point break In Reading this morning. On the decline, however, tho market was well bought and after two hours of fevcrlshncss new strength appeared. ap-peared. There was a general rally in the last hour and a strong closing, net losses being as a rule small. The market was not disturbed by a bulge In call money rates to abovo 3 per cent in tho last hour. There was no news of Importance." T. A. Mclntyrc & Co., New York, say: "There was a sharp bear attack made against tho stock market today on the apprehension that the peace negotiations might fail, London's weaker showing, ond tho Boston bear raiders' ominous predictions that the market was on the eve of a big crash. After slumping about 2 points In tho more active stocks, the selling movement rnn its courso and the market gradually recovered about one-half of loss In the later trading on buying by brokers who usually act for prominent Interests. An advnnco to ZVj per cent In the call money rate In the last hour prevented continuance of this rally. Tho Immediate future courso seems to depend almost entirely on the result of confcrcnco at Portsmouth tomorrow." Money and Exchange. NEW YORK. Aug 25. Close: Prime mercantile, paper, -lfr4Vt per cent; sterling exchange, easy with actual business In bankers' bills at $4.Sfi.55'gM.S6.G0 for demand and at $1.84.808 -1.S4.70 for 60 days. Posted rates. $4.85-1.87. Commercial bills. fl.SIVi. Silver and Drafts. NEW YORK. Aug. 25. Bar silver, Glc. Mexican dollars, 4C?!c. SAN FRANCISCO, Aug. 25.-Sllvcr bars. Gl'Ac. Mexican dollars, nominal. Drafts Sight, 3c: telegraph. Cc. Treasury Statement. WASHINGTON, Aug. 25. Today's statement state-ment of the treasury balances in tho general gen-eral fund shows: Available cash balance, $125,974,650; gold cojn and bullion, $5-1.781,-248; gold certificates, $25,663,5-10. Dried Fruit Market. NEW YORK. Aug. 25. -The market for evaporated apples Is quiet but firm with common to good quoted at 4Vt3Gc; prime, 7tf?7ViC; choice. 7c; fancy. 8c. Prunes seem to bo moving a little moro freely and the market Is firmer without any change In tho general range of to 6c. according to grade. Apricots show no fresh features, with demand " quiet and holders llrm. Choice nro quoted at SfiSVic; extra choice, 8?4c; fancy. 9&fT10c Poaches remain in a very small supply so far an thoxjocal spot market la concerned, con-cerned, with fancy held nt 22'ic. Raisins nro very Arm with very llttlo offering, cither on spot or for future shipments. ship-ments. Loose muscatelH are quoted at lftfiVic: seeded raisins at oVi''ic. and London layers at $1.0O?1.15. Now York Sugnr Market. NEW YORK. Aug. 25. Sugar Raw steady: fair refining. 3c; centrifugal, .W test, 3 3-32ff4c; molasses sugar, 2V4c. Refined Re-fined steady. |
