The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1891-12-01
LARGER THAN ONEYEAR AGO
Gain of S2,25S,S23 in Local Bank Clear
ances0 Over Those of November, 1890.
Corn Down 1lac on All Gradcs-Eggs Scarce
and Higher-POnltry ~Lower-Fruits end
Vegetables in Plentiful Supply.
NoNEY AMI STOCKS.

November Clearances and Balsnces-A Salts
factory Increase Over Last Year.
The local money market shows q fair de-
mand at as per cent. Indianapolis clear
ances for yesterday were SSSl,2so.S4; bal
nnces. s123. %. The comparison of the
clearinghouse transactions for November,
of the present year. with November. 1890.
makes a showing in favor of the month
Just ipsst of very creditable proportion, the
amount being g, 25s.s23.65. The comparison
Is as follows:
Nor. 1891. Nor. 1890.
Clearances s2o.sI5.oss-97 s1s.a5s.2esss
Balances. ~2,SO2,4o9.96 l,7o6,l4o.72
NEW ron QUOTATIONS..
At New York. yesterday, money on call
was easy. ranging from 8 to 4 per. Gen.. the
last loan being made at 3, closing offered
ct 3 per cent.
Prime mercantile paper. 5G6l9 per cent.
Sterling exchange was quiet and steady
at s4.S0ls for slxty-day bills and s4.s3k for
demand.
The total sales of stocks were 163, 1sS
shaIes. including the following: Atchison.
1905; Chicago Gas, sc. 7C0: Delaware Lacka-
wanna 81 Western. 200: Eric, $50; Lake
Shore. $500: Louisville Il Nashville. 3.T71;
Northern Pacific preferred, 1S. 200; Reading.
G,4.0: Union Pacific, $3.50; ST. Paul. 1850.
The stock market was very dull in the
main. but under the Circumstance showed
considerable strength and the dullness
was in q great measure due to the scarcity
of stocks for sale, the only sellers of note
being the bearish traders and to some ex-
tent the foreigners, though the offerings of
the latter are very well covered up. The
opening of the market was weak under the
influence of these offerings and first prices
were generally from Is TO Is per cent. lower
than Saturdays final figures. these losses
being supplemented by further declines in
the earling trading, which brought the
extreme losses up to nearly 1 per cent.
The discovery that the complications aTis-
ing from the Field, Indy. Weichers
the announcement that the Union
Pacific would take up the bonds which
were IN the hands of innocent parties
added to the good feeling. Later In the
buying of the YanderbIlts, md this move
ment gave the whole list an impetus which
had the effect OF completely wiping out the
early losses. and In many cases of making
substantial gains IN addition. The strong
features of the day. however, were the in
dustrials, especially Chicago Gas and Dis
~tiilers. and tho former is the only stock
which finally closed at n material improve
ment over it's last weeks price. The mar
ket finally closed quiet but firm. generally
at something better than first prices. Most
of the active stocks showed small gains
for the day Notwithstanding the setback
in the forenoon. Chicago Gas. however.
with a gain OF 4 per cent. was the only one
of Importance.
Railroad bonds showed rather more ami
NATION. but the business done. which
amounted to s. .4S1. coo. was very widely
distributed, the Northern Pacific tives
being the only issues showing any marked
activity. The temper of the dealings was
, mixed, but most of the time q steady
10 firm tone prevailed. and as usual or late
the more prominent issues show only in
significant changes.
Government bonds were dull but firm.
State bonds were dull and steady. Closing