The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-09-24

posted rates. S~i.s4isd4Ssl1 and A.s7a4S7h:
commercial bills. siS4A@4aik.
Silver certificates. 654c bid. Bar silver,
ez4c. Mexican dollars, 521sc. At London
bar silver was % 7-lsd per ounce.
The weekly bank statement shows the
following changes:
Reserve, increase. x2O,gI5
Loans. z,e4z,5V
Specie, increase ol4,IW
Legal tenders, decrease. 229, 7O0
Circulation, 369, 700
The banks now hold S9,932. rs in excess
OF the requirements of the % per cent.
rule.
Sales of stocks Saturday were only e, 1886
shares. including: Sugar, $500; Burlington,
$500; Chicago Gas, $500; Distiilers, 200;
General Electric. 1000; Louisville & Nash
vile. 1000; Reading, 4.5o0; Rock Island, TO-
COO; ST. Paul. 1900.
During the two hours of business on the
Stock Exchange the market was decidedly
strong in tone. and the shares traded in.
with but few unimportant exceptions.
showed an Improvement ranging from u to
2 per cent. In the late dealings speculation
was most buoyant and the market was
firm. vath the prices at or near the high
est point OF the day. The volume of bust
ness was light n chiefly in grangers.
Chicago Gas. Sugar and Reading. St. Paul
led in the transactions, the buying I'm the
stock being remarkably good and a
steady advance of l per cent. to sc. being
recorded, the closing being only u below
the highest. In view of the break Friday
in Rock Island there was much interest
evidenced as to the course of the stock,
and perhaps some surprise at the early adj
vance of Is per cent. The bears, however.
were not disposed to permit the ring to go
rIFt0ho1Inn2a1 .oI fhaxr ,no1o aAIrfx.o nc N
result of which the entire Improvement was
lost. The reaction, however. brought out
fresh buying orders, under the influence cf
which a gain of = was made. the last be-
ing the best price of the day. Burlington
appreciated steadily from opening to close,
much OF the buying, being for the Western
account, ana an advance OF Is per cent.
was established. Northwest, too, on small
trading. showed in the Improvement to the
ment in Chicago Gas. said to be romoted
by a newly-formed bull pool, sent the stock
up "a per cent, of which Is was lost in
the final trading on realization of profits.
Sugar was not in active demand. but at
the same time there was no anxiety to sell
the stock, and the fluctuations were con-
fined within a limit of q per cent. and a
net gain of Is per cent. was effected.
During the week the share speculation
has been irregular and unsettled, and as a
result OF the trading prices mainly show
a decline compared with the final sales of
Saturday, ssw y a week ago; With comparatively
fractional. and in some cases advance have
DFe1 established, notably In Chicago Gas,
IA; Toledo & Ann Arbor, 2A; Chicago &
Eastern Illinois. 3, and Toledo & Ohio Cen
trail, 5 per cent. In the active list Sugar
recorded the heaviest decline, the common
stock showing a loss of 6 per cent, and the
preferred "a; Rock Island is the chief suf-
ferer of the grange group, closing at a de-
cline of ga. Burlington is down Il and
Northwest II. while st. Paul shows a gain
OF 3. Distilling. which broke AS. per cent.
to 9 on Tuesday (this being the lowest
point ever touched by the shares), rallied
in the subsequent dealings and now shows
only a decline Of "a. The other important
losses are: American District Telegraph. 4.
and st. Paul & Duluth, D.
The bond market was strong and fairly
active and prices generally moved upward,
Seattle, Lake Shore & Eastern firsts ad-
yancing 2 per cent. Louisville & New AL
bany consols rose 1 per cent. On the week
the changes are nearly all in the direction
of higher figures. the only notable excep-
ton being Brooklyn Elevated seconds,
which are down 4 per cent. The chief ad-
vances are: Minnesota & ST. Louis firsts.
Southwestern Extension, 8 per cent: Louis
vile q Nashville, 4; Toledo. Peoria q
Western firsts. 33s; New England skies.
81; Alton q Terre Haute dividend bonds.
Reading third convertibles and st. Paul
consols, 21a.
The following table. prepared by James
E. Berry, Room is. Board of Trade, shows
the range Of quotations:
Open High Low Clos