The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-06-25


The banks now hold SO. 355.s75 in excess of
requirements OF the Is per cent. rule.
The associated banks of New York have
agreed to an 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 S60O0,000.
The imports OF dry goods and general
merchandise at New York, last week, were
valued at s5.3ss055. The imports of specie
We're s225. 199. OF which 500, O65 gold.
The exports OF specie for the week were:
Gold. s7.ss4.s72; silver. s447,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. brisk
selling movement developed at the
opening, which was most pronounced in
St Paul. Sugar. Atchison and Missouri
Pacific. Baltimore & Ohio on a sale OF
hundred-share lot broke 21z per cent. and
recovered II on the purchase of one hun
dred shares. these being the only transac-
tons In the stock. When the pressure to
sell was removed Sugar and a few other
shares made fractional recovery. Chicago
Gas, which had receded q 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 the
shares would be paid in cash within a very
few days and the bears did not leave con-
tracts outstanding over Sunday. A raid
was made on Sugar, which had recovered
a portion OF the early decline and the
price went down to 974, decline of /
per cent from yesterday A subsequent
recovery OF "a was made and then came
another break of 11s, with final recovery
OF, y. the last sale being at figure Is
slight rally in prices in the last dealings
and the market closed steady 10 firm,
but at a very general decline on the final
During the week the speculation has been
unsettled and the. general tendency OF
gold shipments. the dissatisfaction of the
stockholders with the Atchison reorgan-
tzation, the fear that other roads now In
the hands Of receivers shall receive sim
liar r treatment and the absence from the
aged the bears to rad the weaker r railroad railroad
properties. The. only shares which show
press. 10. and cotton oil preferred. pei
Rio Grande preferred, So: Union Pacific
q: Baltimore & Ohio; rs; Missouri PACIFIC
ga Zen, Central Pacific. PA; Atc t Wabash
2ss; rv1 Western ste unien rs; Pnll91an, Wells
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 principal
changes on the week are De
Union Elevated 1rsts, s.; De
trot Gas fives, 6; Brooklyn Elevated
seconds and Seattle, Lake Shore & East
ern 1rsts. trust receipts. 5; Atlanta and Pa
cific fours. AZ; Grand Rapids & Indianapo
lis four-and-a-halfs. 81 Atchison seconds
81: Atchison fours. 31s; Little Rock &
Memphis firsts and Oregon Short-lin.
skies, 3; Oregon consol fives. 4; Union Pa
cifc tours OF 90. IL Union Pacific four,
of 49, 3A; Union Pacific sinking fund
Fights, 5. and Denver & Gulf firsts, 3ls
Advances-Georgta & Pacific second conso
fves. Ga; Colorado Midland firsts, g.; Peoria
Decatur & Evansville firsts, "A; Georgia
Central fves, 35s. and Northern Pacifi,
Terminal firsts and c., c., G.. & Indianapo
lis generals. per cent.
Government bonds were quiet. Stat
bonds were dull.
The following table. prepared by James E
Berry, Room 16 Board Of Trade, shows the
range Of quotations:
Open High Low Clos