The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-29
ONLY $4,000 SHARES
LAST WEEKS SALES ON 'CHANGE
NEAR THE Low RECORD LARK.
String of Declines Scored In the Gem
rial List-October "a bad Month In
Local

made at i, CiOSlflS OleTtG at i per cent.
Prime mercantils paper. 24G4la per cent.
Sterling exchange was dull. with actual
business in bankers bills at s4.S7ssG4.S72
for demand and at Ass%q4ssA for sixty
days: posted rates. S.s7Aa4.sS and sA-sshg
4s9; commercial bills, A.s512.
Bar silver closed at 64c per ounce; Mex
ican dollars. 51Ac. At London bar silver
closed at 2gAd.
The New York weekly bank statement
shows the following changes:
reserve, Increase ID
loans decrease -.-.-.--...-.....- l'V,y5oV
Legal tenders, increase .............. 1,25y,6JO
deposits, decrease ...............-. 41l,lV
circulation. decrease .....-.-.....-- lN.soO
The banks now hold $685. 6f, 900 in excess
OF the requirements of the Is per cent. rule.
The exports of specie from the port of
New York last week amounted to 100000
in gold and $780, $50 in silver. The imports
for the week were: Gold, sslS,so7; silver,
A.69s; general merchandise. s6.O75,S67 dry
goods, 1850. 436.
The total sales of stocks were 1867
shares. including the following: Atchison.
1900; American Sugar. 200: Burlington, p
90; Chicago Gas, 300; Delaware. Lacka-
wanna & Western. 1000: Delaware & Hud-
son, 1890; Distilling, 400; General Electric,
$500; Manhattan. 1000; New Jersey Central.
200; Northwestern, 1900; Reading, 5000;
Rock Island. 1900: st. Paul. 1900: WesteSn
Union, LOO.
interest in speculation on the Stock Elk
change. Saturday. was centered almost en-
tireiy in the coal shares, which were sub
Jected to heavy pressure in continuation of
the bear campaign against this group. The
selling in New Jersey Central was heaviest,
but Delaware g. Lackawanna made the
greatest decline. while Reading was COM
paratively well held. Board room talk was
very bearish, indeed, on New Jersey Gen.
tral. the decrease in earnings compared
with last year being pointed out as a rea-
son Tor bringing the stock down to a lower
level The decline in the shares began
right at the opening and continued until
near the close, at which time Delaware a
son "a and New Jersey Central Az. Read
ing advanced %, lost the Improvement and
rallied h Recoveries were made in the
mai dealings of Ia in Lackawanna, l in
Delaware & Hudson. and = in New Jersey
Central, limiting the losses on the day 10
Oh and As per cent, respectively.
The general market opened dull and fairly
STEADY, but the depression in the coaiers
was quickly communicated to the rest of
was raided by the shorts and gave way
rs. closing within Il OF the lowest. The
break In. Northwest was accompanied by
would have to be made owing to decreased
earnings, which were. however. semi-of1-
ciahy denied. The movement in the other
grangers was trifing, a loss of "A being
made In each. from yesterdays closing
Louisville e. Nashville was sold by Lon
don and the room traders and declined IA
without a rally. C., c., e. & ST. L., st. Paul.
Minneapolis & Manitoba and Pittsburg'
Cincinnati. Chicago & st. Louis show losses
OF 1 per cent. each; Hooking Coal, IL. and
dozen stocks which made gains OF IsGIS Der
cent The bank statement was regarded as
1ln1aNOr1hIa az rQT1anfln0 n o. ----
market and a contraction of business. and
the share speculation was somewhat weak
ened thereby and closed heavy.
The past week has been one of the dullest
IN the history or the Stock Exchange, the
total transactions for the week being only
$4,000 shares. which amount of business
IS only equal 70 a single DAYS work under
normal conditions. In the first half of the
week speculation was stagnant. but for
against the coal stocks has impaired in
terest to the trading. With very few ex-
ceptions the stocks dealt in show losses
cline as follows: New Jersey Central. 1O1k;
Delaware & L-ackawanna, S1a; Delaware q
Hudson. rs: United States Express. 1O1z
Terre Haute fours and Consolidated Gas,
~; Wheeling & Like Erie preferred. ga;
Cotton Oil. rs; Louisville & New Albany
preferred, "a: Manhattan, st. Paul. NJ. &
NJ and Erie Telegraph. e. Advances
Laclede Gas preferred and Tobacco pre-
ferred. 2 per cent
The bond market was generally firm, ex.
cept in the final dealings, when there were
fractional recessiono In sympathy with the
weakness in the share market The trans
actio9s aggregated S676,00 As a result OF
the trading, fractional declines were es
Eablisho4 In most of the Issues dealt in
while advances were made Of Ia in Wis
consin Central and l in Alton & Terrt
Haute division bonds. The bond market
during the week has been, in the main
urn, In contrast with the share speculation
The trading was fairly active, the tota
sales reaching the sum of s.. 1885, 600. Price:
at the close are generally higher than those
OF the Saturday previous, the principal ad
vances being: Cedar Rapids. Iowa Fall.
and Northwestern skies. > per cent: low
City & Western frsts and Union Pacific
gold skies. 4; Wabash seconds, 3&; st. Pau
& Minneapolis frsts. 31z; Northwest sink
ing funds fives. registered, Rock Island de
benture fves and Chicago, st. Louis &
New Orleans fves. registered, 3; Minneapo
lis & st. Louis, Pacific extension firsts anC
Ohio Southern tours, 22 and Ohio Southern
firsts, rs; st. Louis & San Francisco con
sol tours. which scored a decline of | De
cent. the previous week, evinced strength
during the dealings this week and rallied
81 per cent. Observation-Disclosures debentures
series b, 3: c., c., G. & st. L., st. Louis
division, tours. 3; Union Pacific, Denver
Gulf firsts, 3is; Chicago & Erie firsts, 27s.
Government bonds strong. State bond
were quiet end railroad bonds were easier.
The following table. prepared by Jane,
=. Berry, Room is. Board OF Trade. show
the range Of quotations:
49, IT. - Nj.