The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-17
in SHARES
MORE TRADING on NEW YORK
'CHANGE THAN FOR SOME TIME.
Trust Shares Largely Dealt I'm on
News from Wasbington-AtI Indian
apOIis Grain Il I'm Demand.

At New York. Monday. money on call
was easy at per cent
Prime mercantile paper, 3d5 per cent.
Sterling exchange was steady with actual
business in bankers bills at SASSY for de-
mand. and at $4.s7A for sixty days; posted
rates. $4SSG4S9; commercial bills. 1861
Silver certificates. 64@65c. Bar silver
closed at &c per ounce; at London. 2Sa4d.
Total sales of stocks amounted to 1881
shares. including American Sugar, with Co.
100. The week opened whit firm tone to
speculation. and an active and we'll dis
tributed business. During the first half
hour Lead preferred had advanced 1lk, SUI
gar, la. Denver & Rio Grande preferred.
Ia; Delaware. Lackawana West
ern. /. and the rest of the
shares traded in. 4@4s. DistilIing
weak on Washington advices stating that
the understanding now is that the spirits
tax will be only 81 and the bonded period
six years. This news brought out some
hong stock, but the bulk of the sales were
for the short account and a considerable
lot of stock changed hands. causing a
break OF ia to Il. Before IL o'clock the mar
ket had recovered its tone and a higher
range OF values was established. Until 1890
o'clock the market wassa rising one. Sugar.
which had been moving irregularly, again
came into brisk demand on report that the
Senate schedule had been agreed TO so far
as II affects Sugar. in conference with the
House. The purchasing movement resulted
In an advance to 102. being a gain of 2s
from the closing figures of Saturday. A
general Improvement was in progress until
l:30 O'Clock. when the advance was checked
by a selling movement in Chicago Gas and
Sugar, which sent the shares and
two others down a fraction. partial re-
covery followed, but by o'clock the mar
ket was again moving downward, and be-
fore the declining tendency was checked
Sugar had reacted 112, Louisville * New
Albany. ia: Wisconsin Central. pa. and the
rest of the list Au1 During the last fif-
teen minutes the trading assumed a firmer
tone. Louisville & New Albany and Con-
eolidated Gas appreciating / per cent, and
the general list a fraction. the market clos
Ing steady TO firm, with prices In the main
higher than Saturdays final sales. Burling-
ton & Quincy, East Tennessee and Con
solidated Gas each show an advance of L
per cent; Minneapolis & St. Louis. III;
Lead preferred, ia; Sugar and Canadian
Pacific "a and Des Moines & Fort Dodge
preferred, g Some few shares show a de-
cline, notably Wisconsin Central pa; Dis
tilling. 2@s. and Minneapolis & st. Louis pre-
The railway and miscellaneous bond mar
ket was strong on a limited volume of
business. The principal changes i'm prices
on the days trading are: ADMINISTRATION
Pacific, Denver * Gulf firsts and Oregon
Short Line consol fives. 2I2; St. Paul. C. &
NJ sevens. "a; Chicago Gas firsts, Louis
vile & New Albany consols and Northern
Pacific seconds, 2; Northern Pacific thirds,
Kansas K Texas tours, l per cent. Declines
Northern Pacific terminal hrsts 3; Little
Rock & Memphis firsts. IL, and Louisville
& Nashville unified tours. 1 per cent
Government bonds were strong State
bonds were inactive.
Inc following table, prepared by James r.
Berry. Room 16 Board OF Trade, shows the
range OF quotations: