The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-06-24

circulation, decrease. ................. IS, 100
The banks now hold s76.S55.s75 in excess of
requirements of the Is per cent rule.
The associated banks of New York have
agreed to assessment of per cent. each
of their holdings Of gold to replace gold
taken this week from the subtreasury for
shipment abroad. They receive in return
for the gold thus contributed an equal sum
in paper money. The amount of gold to be
thus reimbursed is about s6,O00,000.
The imports of dry goods and general
merchandise at New York. last week, were
valued at s5,Sss.O55. The imports of specie
were SOS. 1ss. of which $2O5.o65 were gold
The exports Of specie for the week were:
Gold. S.ss4.s72; silver. s4f7. s55.
Total sales OF stocks amounted to only
$3.50 shares. During the two hours of
business Saturday the prevailing tone of
the stock market was weakness. A brisk
selling movement was developed at the
opening. which was most pronounced in
St Paul. Sugar. Atchison and Missouri
Pacific. Baltimore & Ohio on a sale of a
hundred-share lot broke 21s per cent. and
recovered Il on the purchase of one hun
dred shares. these being the only transac-
lions in the stock. When the pressure to
sell was removed Sugar and few other
shares made fractional recovery Chicago
Gas, which had receded g on the opening
dealings. came into good demand and rose
u per cent. mainly on purchases to cover
short contracts. There were rumors cur
rent to the effect that the dividend on the
shares would be paid in cash within a very
Few days and the bears did not leave con-
tracts outstanding over Sunday. raid
was made on Sugar, which had recovered
portion Of the early decline and the
per cent from yesterday. A subsequent
recovery of "a was made and then came
of q. the last sale being at a figure *
below Fridays closing. There was
slight rally in prices in the last dealings
and the market closed steady to firm,
but at very general decline on the final
sales of Friday.
During. the week the speculation has been
unsettled and the general tendency OF
prices has been downward The heavy
gold shipments. the dissatisfaction of the
ization, the fear that other roads now in
the hands Of receivers shall receive sim
liar treatment. and. the absence from the
TO induce sales of long stock and encour-
aged the bears to raid the weaker railroad
any. material gains on the week are Alton
& Terre Haute preferred. 171a: Adams Elk
press. 10. and Cotton oil preferred. pei
cent In the list. of declines are Denver &
Rio Grande preferred, So; Union Pacific
S7s: baltimore Ohio. rs; Missouri Pacific
rs; Central Pacific: 2lz; Atchison. Wabash
rs: Western Union. rs; Pullman. Wells.
Fargo and ST. Paul, 2; Northwest Ia
Distilling and General Electric H.
The bond market was generally weak al
day and fairly good business for a Satur-
day. Grand Rapids & Indianapolis four
and-a-halfs declined ga. The principa
changes on the week are. De-
clines-wiseonsin Central firsts. IL
Union Elevated frsts, 8; De
troit Gas fives. s: Brooklyn Elevated
seconds and Seattle. Lake Shore & East.
ern firsts. trust receipts 5; Atlanta and Pa
cific. tours, Az; Grand Rapids & Indianapo.
lis four-and-a-halfs. 81; Atchison seconds
Memphis irsts and Oregon Short-lint
skies, 8; Oregon consol fives. 4; Union Pa.
cific fours OF SO. rs: Union Pacific tours
OF 80, ga; Union Pacific sinking fund
Fights. s. and Denver & Gulf frsts 3ls
Advances-Georgia & Pacific second conso
fves, 81; Colorado Midland firsts 5; Peoria
Decatur & Evansville firsts, AZ Georgis
Central ffves. 3ss, and Northern Pacific
Terminal frsts and c., c., c. & Indianapo.
lis generals. per cent.
Government bonds were quiet State
bonds were dull.
The following table. prepared by James E.
Berry. Room 16 Board of Trade shows the
range OF quotations: