The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-08-20
FINANCE AND COMMERCE.
FINANCE.

The New York Money M~arket-Stock Trans
acknowledging Prices of Government Sc
neutrality-suspicious. of General Stocks
NEW YORK., Aug. 1s.-Money is in abundant
supply at 1la per cent, closing at 11992 per
cent.
Prime mercantile paper 5la06a per cent.
Sterling exchange, bankers bills are quiet at
4s2 for sixty days and 4s5& for demand.
Bar silver $1.1ole.
Government bonds continue firm.
State securities were dull.
Railway mortgages were generally strong.
Denver& Rio Grande c%onsols, however were
weak and fell from s69 to s44
The stock market was less active than on any
previous day of the week. In the early dealings
there was a disposition to realize profits. and
prices receded l2O2 per cent, the latter in Dem
yer & Rio Grande. Texas & Pacific fell off lie
per cent. Western Union was strong from the
opening on the settlement of the strike. The
stock opened at 1854, reacted TO 76, and gradu-
ally rose to 1874, with the final sales at 791s. In
the general list before 10 o'clock there we're in
dications OF good buying, and later in the day
this was borne out by O higher range of quota
tions, and the best prices of the week were made
in some instances. The improvement outside Of
Western Union ranged at 1405s per cent. At the
close Denver & Rio Grande was again pressed
for sale and returned to 29l9, having previously
rallied to 3o19. The weakness was due partly to
disappointment arising from the refusal of Cas-
satt to accept the presidency. The decline in
this stock at the close affected the market I'M
favorably and caused q reaction of ls0s per
cent. from the highest prices of the afternoon.
As compared with last night, some shares were
higher and others lower. Chicago, Burlington
q Quincy is lie per cent, Lake Shore 4 per
cent, st. Paul & Omaha 50 per cent. do pre-
ferred q per cent, and Western Union 21s per
cent. higher, while the other stocks are AL q
per cent. lower. Denver 4 Rio Grande, how
ever, shows a decline of lie per cent. In the
speciaIties, Chicago & Alton and Manhattan
Elevated rose 81 per cent, and Colorado Coal
fell of 2 per cent, and Columbus. Chicago & In
diana Central l per cent. The sales for the week
were 2'533,69l shares an increase of 625,o13
shares compared with the previous week, and
1.751,066 shares compared with the week ended
Aug. 4.
The transactions at the Stock Exchange to-day
Aggregated 234,000 shares, and included 5000
Centred Pacific. 10000 Delaware, Lackawana
& Western. $4,000 Denver & Rio Grande, 1900
Shore. 1000 Louisville g. Nashville, 5000
New York Central, 5000 Northern Pacific. 5.000
Texas & Pacific, $4,000 Union Pacific, 5000
Wabash Pacific, 10000 Western Union, $4,000
Oregon & Transcontinental 5000 Northern
Pacific preferred. 5000 Wabash preferred and
5000 Canadian Pacific.
Mining stocks to-day we're very dull. Horn
Silver sold at Sc 25 $3.50, Iron Silver at $50
$40. Alice at So 40, Chrysolite at $1.10, Robin.
son Consolidated at 63 64c, and Sonora Cnnsoli-
dated at 24125c. Sales for the day, 26, 755
shares: total for the week. 8 9.525. Total bull
lion receipts at New York for the week frem the
mines, $173. 900. Pipeline certificates were dull
Mt 81. III al .09hs.
BAHK STATEMENT.
The weekly abatement of the associated banks
issued from the clearinghouse to-day shows the
following changes:
Loans, increase. ..S2.84s. 600
Specie, decrease. 2,413. 400
Legal-tendeTs, decrease AL 200
Deposits. decrease. ..-.-.....--..... 1,602.300
Circulation, increase. $4,000
Reserve, decrease. .-.-.-...----..... 2,454, OPS
Banks now hold in excess of legal re-
quirements 6,s79,63o
STOCK QUOTATIONS.
EXCHANGE AND GOVERNMENT SECURITIES.
Sterling. sight......". s54l IS, oupons....-...~. lI9H
3 per cents. ............ le35Pl Pacific Is OF '95.......l2S
STATE STOCKS.
Louisiana consoles. IS Sew Tennessee ......... 81
Missouri 6s......-".lh6 lVirginia6e. ..-s..... 81
St. ACKNOWLEDGEMENT Up Virginia consols..... 36b
Tennessee 6s ........... IS Virginia deferred...... 8
MINING STOCKS.
istnss ."""~ w lsSnie s preferred 30
Iron b1lVer.....a-.a.. 80 south Facinc.-s........ ..".
ontarie--~~."~..~- zs utro-""~"--"..".--- 20
QUICKSILVER .H....... y
GENERAL sTogEs.