The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-04-25
MONEY, STOCKS AND GRAIN
Cleveiand's Statement on the Financial
Question Causes Confidence.
Shares Pluc,uated Frequently, but Closed
Steady-At indianapolis More Activity
Leads 10 Slight Advances in Cereals.


Railway Issues Irregular with Sales Amount
ing To SI,e53,O0O.
At New York. yesterday. money on call
was active at 5G1O per cent. the last loan
being made at 5. closing offered ats
Prime mercantile paper. Ga 010 per cent
Sterling exchange was easier. with act
nal business in bankers bills at s4.s6ss0
ASIA for sixty days. and s4sS404esa
for demand.
The total sales of stocks were 312.3 800
shares. including the following: Atchi-
son, 400; Burlington * Quincy. II. zoo;
Chicago Gas. 13.4OO; Delaware. Lacka-
wanna & Western, 1900; Distilling. loo. 200;
General Electric. AGO.. Manhattan, 4,400;
Missouri Pacific. 1880; National Lead.
R.60O: National Cordsge. 10000; New
England, 6,lOO; Northern Pacific pre-
ferred. $500; Reading. %. 100; Rock Island,
5000; St, Paul. 1890: Sugar. $500;
Tennessee Coal and Iron. Zoo; Toledo. Ann
Arbor & North Michigan, 800; Western
Union. 81. zoe.
The New York stock market opened
strong yesterday on purchases by operators
who felt treasured by the positive state
ment by President Cleveland that the gov
srnmsnt would take every possible means
90 preserve the parity between gold and
silver. Buying for the long account and to
cover short contracts led to an advance Of
1702la per cent. on the closing figures of
SATURDAY.. and the rise occurred without
inducing any large offerings. The heavy
engagements of gold for Shipment TO Eu-
rope. however. by to-day's steamers and
the activity IN money soOn led TO q reac-
ton. the bears taking advantage of the
matters To frighten small holders. The
market. taken as a whole. displayed firm
ness and closed steady in tone at prices
L03a Der cent. above the final quota
tions of Saturday. The conflicting re-
ports IN regard TO the conferences
held by Assistant Treasurer Jordan
with the presidents of the banks. and
later with the representatives of the
various bankinR-houses. kept operators In
an uncertain state of mind and led to fire.
queDt changes In the temper of speculation.
The transactions aggregated 3l2. 2sS shares.
of which AZ, 1856 were unlisted. The market
closed steady IN tone.
Railway bonds were irregular. The
sales were sl.253.OOO. Evansville &
Richmoud fves rose 3Is, to 9e1s; Chicago
~ Eastern Illinois consols 2ls, to 12l. and
Peoria. Decatur x Evansville seconds 5. to
Is. Government bonds were steady and
States dull. Closing quotations were:
Four per cent. reg. l12la Louis. Il Nash-.--. 734
Four per CT. coup-.112lz L. New Albany. 20
Pacific 6s OF 80 los missouri Pacific 4Sls
Atchison 100000. 32lslN.J j. Central ----..116
Adams Express. Northern Pacitc.. 1858
Alton & T. H.. 32lsIN \. Pacific pref 391s
Alton & I. III. pref $50 Northwestern. -..l1I4
American Expr'ss.117 Northwestern pref.139l9
Ches. d Chio------ 22l2lN. n. Central
G., h. 81 o. 923 Peoria, ID. d E.. 12l2
C.. &C. * Sc. L. 1911 Pullman Palace 1913
Del. Lack. * W---1424l Rock Island.--.-.- 81
Fort Wayne....--l53 10. {. Express. 81
Lake Erse & W.. 213 W., ST. l. Il p. 1O4
l. T. IL W, pref II W.. st L & r. pref 81
Lake Shore.-----.12S Wells-Fargo Ex...146
Lead Trust---..-.. 37lslWestern Union -. 90l3
Bar SiIver-At New York S3e per ounce.