The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-04-20
TRUST SHARES ACTIVE
COrdage the Object of Rapid Ma
nipulatiOn by a Pool.
The Railway Stocks Rather Dull and
Fluctuations Narrow - Some
Local Demand for Corn.

At New York yesterday money on call
was easy at 1 per cent.
Prime mercantile paper. 22iG5 per cent.
Sterling exchange was weak, with actual
business In bankers bills at S4.s844SSl4 for
demand and at SIS6z4a4S for sixty days;
posted rates. $iSSd4S91zc; commercial bills,
S4s6lQLS61z.
Silver certificates. 6lAc. Bar silver closed
at &c per ounce; at London, 2SAd.
Total sales OF stocks were al, 236 shares.
The course Of speculation in the share mar
ket was decidedly erratic. rallies and reac-
lions succeeding each other in rapid order.
Owing to the prevailing dizziness the fiuctu-
atoms were, as a rule. kept within narrow
limits Most OF the business especially
during the morning, was done in the in
dustrials. while ST. Paul led the railway
list in the transactions. Strength was inn
parted TO the market at the opening by the
receipt of buying orders from London,
which included St. Paul, Louisville q
Nashville, Union Pacific and Northern Pa
cific preferred. The first prices made even
were generally trifle higher than yester-
days closing figures. Chicago Gas being an
exception, opening II lower, but quickly
selling up rs per cent The general market
advanced fraction on moderate buying,
end then sagged off as soon as the purchas-
ing orders had been filled. Delaware &
Hudson broke IL; c.. c., c. & st. L., rs.
and the other shares traded in, 1sQ7s.
Sugar, which had risen q in the early trad
ing. fell off Is on a small bear raid The
lower figures for this stock attracted buy
ers, and the old story 10 the effect that re-
fined sugar Will receive more protection
than is given III the existing bill was re-
Vived, with the result that an advance or
IL per cent. was made of which per cent
was lost in the later dealings, the closing
being at = per cent. advance on the day.
Shortly after IL O'Clock the general list re-
ceded 1sfu per cent, New Jersey Central
leading the decline, which was, however,
turn recorded, in which Edison Electric was
prominent scoring a gam CT ~: Shleaso
Gas. which had lost - OF the early ADVANCE
rose rs and Sugar l per cent. During
the industrials quite strong.
Cordage common advancing 1$I; Tobacco,
except Cordage preferred, which made some
rapid and big turns, selling of 3l2, TO 49,
the next sales being at AZ and As, respective
Nv. then following a break to 43 again.
with final rally to As, making net loss
OF 1h per cent. Sugar rallied Is and then
lost | per cent. Chicago Gas reacting -
and Cordage =. The railway list was well
held and during the last hour improved
Irregular compared with yesterdays final
figures. The changes are mostly frac-
tional. but advances are established of ~
In Tobacco and Edison Electric and IA in
Cordage common. and declines of 1 per
cent in New Jersey Central Delaware.
Lackawanna & Western and Louisville q
New Albany Westinghouse Electric sold
at 7S against 401s the last previous sale.
The railway bond market was weak dur
ing the greater part of the day, but closed
firm the main changes being: Declines
Colorado Midland fours, III; Hooking VAL
ley fves, IA; Delaware * Hudson, Louis
Vile & New Albany consols and Southern
Pacific. California fives, / each. Advances
PEOPLES Gas and Coke Company of Chi
cage seconds. Ia; Akron q Chicago juno
ton firsts. y; Chesapeake & Ohio railroad
division seconds and Iron Mountain, each
i per cent. Eeokuk & Des Noines firsts
Central cola teral gold fveS sold at 50.
against 81 on April 9. Peoria, Decatur *
Evansville frsts sold at So. against SlA on
April .. Peoria, Decatur & Evansville di-
vision firsts sold at IS, against Il on
March 81
The engagements for gold for Saturday s
steamer already amount to $2,5OO,OO0. 1t, is
likely that these figures will be increased.
of the leading exporting houses eX-
poets to increase the amount of United
States shipments. Messrs. Blair & Co. an
nounce that subscriptions have been re-
ceived for the entire 81 900 of Cleveland.
Lorraine q Wheeling consolidated first mort
gage 5 per cent. gold bonds, a large por-
ton of which were taken by Baltimore
and Philadelphia.
Government bonds were firm. State 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