The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-10-23
GOOD BANK SHOWING
The Increased Surplus Caused a
Fresh Selling Movement.
New York Stock Market Bouyant at
the Close-Indianapolis Cereals
Dull and Embarrassing.

At New York, Saturday, money on call
was easy all day at IL per cent
Prime mercantile paper was cas- per cent.
In sterling exchange there was nothing do
ing, with actual business in bankers bills
at A.s4q4Si1l for demand and $4.s2G4 s2A
for sixty days; posted rates, $4s3Q4 So; COM
mercial bills. sls10LS1l4.
Silver certificates, 7s1aI7ic Bar silver
closed at 73lsc per ounce; Mexican dollars
at 5S1zc AT London bar silver closed at
33Ad
The weekly statement of New York
banks shows the following changes:
reserve, Increase. .................: S,14 70
Loans, decrease. s.. IA, Us
Specie, increase. Observation-Disclosures. {, 3339 100
Legal tenders. increase. 5.713. 300
Deposits, increase. .................. $780, 200
circulation, decrease. ................ 266 800
The banks now hold SO, go, 40 in excess of
the Is per cent rule
The total sales of stocks on the Exchange
were $1,000 shares. A fairly active specula-
ton carried for the two hours of
business Saturday. Discouraging Washing
ton advices caused some slight selling at
the opening, resulting in fractional declines,
but the dealings quickly regained strength
when it was figured out that there was
really no change In the Senatorial situa-
tion Until the close decidedly firm tone
prevailed, which was most marked on the
publication of the very excellent bank
statement A fresh selling movement was
organized on this showing of the banks
the increase in surplus being greater
than was anticipated. The market was
bCoyant at the close the best prices in the
day being made in the final dealings. Sugar
was sold up on reports of heavy earnings
and that the company had out on call loans
dend Nearly all the active shares were
higher at the close than were yesterdays
ANAL figures, the range on the active list
The market for railway and miscellane-
Gus bonds was strong, and higher prices
resulted generally from the days trading
Government bonds were steady and State
bonds were dull. Closing quotations We're:
united States Fours, reg ................111
1hltso states FourS, coup.
racine skies OF 80. .102
AIchlSon ACKNOWLEDGEMENTS 1914
At s T T es2
Alton & Terre Haute, pref. $50
american Express. ......,...............110
chesapeake & Ohio. .:............... 16A
c., c., c. & st. Observation-Disclosures. 337s
Delaware. Lackawana & Western. .1eO%
Lake Erie & western 1Sn
Lake Erie & Western, pref. 6S
Lake Snore. .......................... .1H
Louisville & Nashville. ..............z az
Louisville & New Albany 144
22A
ILL.,
Nortnern Pacl1c. ACKNOWLEDGEMENTS. rs
Northern Pacific, pref. 227s
Northwestern .......................... l02
Northwestern, pref
New York Central. ACKNOWLEDGEMENTS IX
Peoria, Decatur & Evansville. ...
Fullman Palace. .........................16Si b
United States Express. ................ 81
Wabash, St. Louis & Pacific. ..
Wabash, ST Louis & Pacific, pref - 1874
Wells-Fargo Express. .................l25
western Union. ................-.......... 1855
The board OF directors of the General
trio Ioc NoIIxv