The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-06-26
MONEY. STOCKS AND GRAIN
Very Little Business Transacted on
the New York Exchange Saturday.
though lu lnesS Marked the Dealings
Local Prices on Cereals
NEW YORK STOCK MARKET.

Saturday One of the Dullest Days on
Change Experienced In Many Days.
At New York. Saturday. money on call
was easy at 1la02 per cent, the last loan
being made at 2 per cent.
Prime mercantile paper, 305 per cent.
Sterling exchange was qniet but steady
at EAST for sixty-day bills and S4.SSh for
demand.
The total sales of stocks Saturday were
56,700 shares including the following:
Atchison, 800; Chicago Gas. 1900; Della
ware, Lackawanna & Western. 1880; Mis-
souri, Pacific. 3,4C0; Northern Pacific pre-
ferred. 1850; New England, $3.50; Reading.
1850; st. Paul. AGO.
The New York stock market was tame
and embarrassing throughout the session
Saturday, the dullness beng extreme,
while the trading was almost wholly con-
lined to the professional element: and,
while the temper was strong throughout,
IL was due entirely to the covering opera
tions of the local operators Naturally the
stocks which have been most under pres
sure for the last week were strongest to-
day. and conspicuous among them was
burlington. which succeeded In reach ing
five figures In the amount of lts transa 9.
tons, and was the only one In which the
extreme fiuctuatlon reached ! per cent. As
might be supposed, it led the list III
strength, and closed with q net gain of
l per cent, the only other stock
showing any approach to this being Lack
awanna, which rose q per cent The rest
tof the list was. with the exception of Rock
Island, New England. Atchison and st.
Paul, intensely dull and almost stagnant
though ~synpathIzing with the leaders in
their upward tendency. No feature Of any
kind marked the dealings. however, and the
tamest session of the Stock Exchange In
many weeks finally closed with a firm tone
at the best prices, but intensely dull at
the figures.
Railroad bonds were quiet. and. like
stocks. were unusually barren of features.
The only movement of the day of interest
was the decline in the Detroit, Mackinac
d Marquette land grants of % per cent.
The trading reached $4,000 of which the
Atchison incomes con tributed 100000
Government bonds were dull and steady.
State bonds were deser ted, only one trans
action being made. Closing quotations
were:
Four per cent reg. ll64I Louis. Il NASH. 7lS
Four per ct. coup. liz 81 l.. d New Albany 25A
Pacific 6,s Of '85..-lO6 Missouri Pacific. 59ls
AtchisOn. .......... 36ls n. ]. Central ......137%
Adams Express ...147 Northern Pacific. 20as
Alton x T. H.. 80 n. Pacific pref .-.- 56s5
Alton g. I. Il. pref. $50 Northwestern .-.-1lIl2
American Exprs..11 lN~orthwest'n pref. l44
Ches. & Ohio 49,. % IN. y. Central.....113
G. so. pref. lists. 6OlalO. & Mississippi. 81
c. & q. pref. eds. 40l2l o. & NJ. pref. 49,.
G. b.. ~ d. ...1Ol5 Peoria, D.& E.. 17le
e., c., c. &St. L.. GA Pullman Palace. 1915
Del, Lack. a. W...157 Rock Island. .----. S2l2
Fort Wayne ......152l2l U. s. Express. .... so
Lake Erie 81 w.. "a W., 81. L. & P. 107s
1. 3. 4 W. pref. ISIS W., st. l.. pref. 25iS
Lake Sh0re....... 1881 Wells-FargO Elk. LAB
Lead Trust........ 35s Western Union.... 93os
Bid.
Bar silver-At New York, S7asc per ounce;
at London. 40lsd per ounce.
The New York weekly bank statement
shows the following changes:
Reserve, decrease. S2.9l1,775
Leans. de crease. 1893, 100
specle, 5,457, 200
Legal tenders, increase. 1881, 500
Deposits, decrease. 5,l74,500
Circulation, decrease. 10000
The banks now hold $40, 872, $50 In ex-
cess Of the requirements of the 25 per
cent. rule.