The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-02-18

NV WV LOth NEthiy boih CNdtCAAACAt
shows the following changes:
Reserve. decrease. .................. 81 ,096, SIS
Loans, increase. 6.3f3.3O0
Specie, deerease..-................. 9,2l2,1O0
Legal tenders, 1880, 200
Deposits, decreaSe........."........ 4,lSi,lOO
Circulation, 1890
The banks now hold s74, 5s6. 775 in excess
Of the requirements of the % per cent. rule.
Total sales of stocks Saturday amounted
20 only $500 shares.
The market was practically confined to
five stocks, and OF these only two, Sugar
and ST. Paul. displayed any activity. the
other three. Distilling, Chicago Gas and Bur-
lington & Quincy. being traced in only to
sand shares. The transactions In only three
other stocks exceeded one thousand shares,
while New England and Union Pacific did
not enter into the dealings at all, and there
was only one sale each of Rock Island and
Louisville & Nashville. The general market
was, therefore, without feature, and the
only changes of Importance were a decline
of III per cent. in Rubber and an advance
and Delaware * Hudson. Sugar opened "a
higher. but began to decline at once on
heavy selling. which was largely on orders
from Chicago, which led to a suspicion that
insiders would endeavor to cover their
tracks. Washington advices of the morning
We're unfavorable. inasmuch as they stated
that no definite decision had been reached
on the sugar schedule. A decline OF "a per
cent. was effected. with only one fractional
EuiiS HUT sElliiEs Jill ltlOukn d SiiknlIy DtI-
ter feeling prevailed in the final dealings.
the last sale was made at a recovery of
Only Is per cent. Private dispatches were
received subsequently,, reporting that the
Senate finance had agreed on
n graded duty more favorable 10 the
sugar interests than was expected. St.
Paul moved up Is on early dealings, but
reacted = on the publication of the earn
ings for the second week in February,
showing a decrease in earnings OF S11, 742,
which is more unfavOrable than was eX-
pected. n rally OF "a occurred at the close.
The liquidation in Distilling which has been
continued, resulting i'm Il decline OF IL per
cent, the last being the lowest figure of
the day. 4 slight bear demonstration was
made against Chicago, Burlington * Quin-
trading, causing a decline Of = per cent.
without recovery. Dispatches from Chica-
go stating that q new gas ordinance would
be introduced in the City Council which
ktns's veto message caused a selling move
ment In Chicago Gas. The result was a de-
cline OF lx per cent, the stock closing at
the lowest point OF the day. The tone OF
the market at the close was heavy.
The changes on the week were, as n rule,
slight. and are mainly In the direction of
lower prices. The principal declines are:
C0rdage preferred, 3; Canada Pacific, "a;
man and Pittsourg. C.. c, c. * st. Louis,
2lz; Nashville, Chattanooga, New York,
Chicago and st. Louis firsts and seconds
The main advances are: Erie preferred.
"a; Quicksilver preferred. 2A, and Manhat-
tan, "a per cent.
The bond market was moderately active,
but rather weak. Pittsburg, c., G.. & st.
Louis fOur-and-a-halfs. series "A. declined /
per cent. on the week. Government bonds
were firm. State bonds were quiet.
The following table. prepared By James F..
Berry. Room 16. Board OF Trade. shows the
range OF quotations..