The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-12
Confirmation of the Reports that the Rus
SLAMS Have Advanced Further than the
st. Petersburg Authorities Admit.
Rumor that Russian Proposals for a
New Loan Have Been Rejected.
A Regiment of the Indian Contingent Does
Effective Work in Fight Near Sua-
kim-Notes by Cable.
THE AFGHAN WAR CLOUD.
Confirmation Of Warlike Rumors Causes Z
Sharp Decline in Stocks.

Confirmation OF Warlike Rumors Causes a
Sharp Decline in Stoclxs.
LONDON, March 11.--Financial circles are ex-
cited over official reports received this afternoon
confirming the report published in the Times
this morning to the effect that the Russian
troops advanced further in Afghan territory
than the Russian government admits. Such
movements are intended for the purpose of seek
ing more suitable position in case of war with
Afghanistan. 1t is generally believed that both
the Afghans and the Russians are hurrying for
ward, and that collision is imminent
The rumors of war with Russia and the expec-
tation of large deliveries Of stock at the conclu-
sion of settlement to morrow, together with the
general disinclination to buy stocks Of any sort
under present circumstances, completely demor-
allied the market to day. Except in the cases
of American and Canadian securities, prices
have fallen heavily all sides. Consols, for ac-
count at one time touched 97s, closing at 81 s. 16
for money, aod 81 7-16 for account showing re-
spectively decline of and II 6snce the closing
yesterday evening Russian securities closed 5
lower, Egyptian securities 1! lower, and other
countries fraction lower. Chilian and Brazil
ian stocks receded, respectively. 81 and q owing
to rumors of political troubles in those countries
The panic abated somewhat after the close of
the market, though dealings continued long
after the official close. Many orders to sell were
received from Berlin and from Frankfort 1t is re-
ported that financial agents OF the Russian gov
ernment have made overtures to the Rothschilds
and to the Barines to join the German bankers
Mendelssohn in placing new Russian loan.
These nrupOealc If ic said were rafr1Sed
The escort of Sir Peter Lumsden includes four
officers and 200 men of the Bengal Lancers, three
officers ard 200 men of the Punjab Infantry and
a number of the royal engineers. The engineers
instructing the Afghans how to fortify
Penjdeh and Herat
Officials of the Russian embassy deny that
any preparations for war are being made by
Russia on the Afghan frontier There is only
the usual number of troops in southern Turk
istan, and no movement is being made towards
sending more there.
The Standard confirms the report that Gen
eral Lumsaen has occupied Robat Pass and ex-
presses the belief that it is only timely move
ment to prevent the Russians from occupying
it. Large quantities OF provisions are being
stored at Herat.
Recruiting is in active progress IN India to
supply the reserves and make up for the drain
of the reserve force drafted for active service.
The native press is unanimously clamorous for
war with Russia.
A dispatch from Kushan says it is reported
that the Russian government has ordered two
regiments from Elizabethpol to Askabad Rus
sia is making active preparations to complete
the Kizilarvat and Askabad railway
Four thousand Russian troops are reported to
have left Tifis a fortnight ago, for Askabad.