The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-09-23

N banks now hold $50, 982, rs in excess
of the requirements of the Is per cent.
rule.
Sales Of stocks Saturday were only 49, s36
shares. including: Sugar. $500; Burlington,
$500; Chicago Gas. $500; Distillers, 2,10o;
General Electric. 1000; Louisville Nash
Vile. 200; Reading. $500; 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 X to
3 per cent. In the late dealings speculation
was most buoyant and the market was
firm. with. the prices at or near the high
est point Of the day. The volume of busi-
ness was light and chiefly In grangers,
Chicago Gas, Sugar and Reading. ST. Paul
led in the transactions, the buying in the
stock being remarkably good and a
steady advance of 1 per cent, to IS, being
recorded. the closing being only Il 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
unchallenged, and they made a drive, as a
- - WAAS4 IA( III AAAAkA a.
lost The reaction. however. brought out
fresh buying orders, under the influence of
ing the best price of the day. Burlington
appreciated steadily from opening to close.
much of the buying, being for the Western
was established. Northwest, too. on small
trading. showed In the Improvement to the
s ment in OF c & Z Rsr f Gas. .s q 8u tS Se pyom moHej
by a newly-formed bun pool. sent the stock
up u per cent. of which Y was lost in
the same time there was no anxiety to sell
the stock, and the fluctuations were con-
n nesa gain Tn'o az i 2 p aam, cent at 4 pee er sefe; and a
During the week the share speculation
has been irregular and unsettled, and as a
. decline compare With the mai sales of #
Saturday q week ago. With comparatively
few exceptions. however, the losses are only
fractional, and In some cases advances have
been established, notably In Chicago Gas,
Ia; Toledo & Ann Arbor, 2S; Chicago &
trail. 5 per cent. IN the active list Sugar
recorded the heaviest decline, the common
stock showing a loss OF 8 per cent, and the
ferer OF the grange group, closing at a de-
cline or "a. Burlington Is down a and
Of 0s i pisti1Ifiiins wn' Which CHI broke nsa5 SHOWS 4s per a c sain
20 3 on Tuesday this being the lowest
point ever touched by the shares). rallied
only a decline Of 2N. The other important
losses are: American District Telegraph, 4,
and st. Paul & Duluth, 6.
The bond market was strong and fairly
active and prices generally moved upward,
Seattle. Lake Shore & Eastern frsts adj
vanc!ng 2 per cent. Louisville & New A.
bany consols rose l 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 frsts.
Southwestern Extension. 9 per cent. Louis
Vile & Nashville, 4; Toledo. Peoria &
Western firsts, 3%: New England skies.
3A: Alton & Terre Haute dividend bonds.
Reading third convertibles and ST. Paul
~consols, 2is.
The following table. prepared by James
f.. Berry. Room l6. Board of Trade, shows
the range OF quotations: