The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-01-15
FEW DEALS IN STOCKS
Business Light and Without Ami
nation OH the New York Change.
Record for the Week Shows Some Wide
FIuctuatiOns-Ind Grain
Business Reported Flat.


demand and SlS1ssG4S5 FOX sixty days; post
ed rates. S4SGQ4SS; commercial bills. S4S3la
CASE.
Silver certificates. 694sc last bid. Bar sill
YER closed at 6S7sc per ounce; at London,
31Ed
Total sales Of stocks were only Go,1OO shares.
The New York weekly bank statement
shows the following changes:
Keserve, increase. 1S7025
loans decrease. ..---.-...-.-.-...-.-.. e. 2O0
SPecle, increase ..........-.... ........ l,Z513O
Legal tenders, increase. .............. 3,904000
Deposits, increase. 9,3S91O0
Circulation, decrease. $1,000
The banks hold $92. 5s3.675 in excess
of the requirements of the % per cent. rule
The story OF Saturdays operations on the
Stock Exchange can be told briefly. The
speculation was devoid of animation, and
the volume of business extremely light,
even for a Saturday. The Improvement In
the London market for securities, more
encouraging reports of trade prospects and
the placing of the tariff and income tax
clauses of the ways and means committee
bill into separate measures had the erect
of giving a strong tone TO the opening
dealings, causing an advance OF 1s9l12 per
cent New York, Chicago & ST. Louis first
preferred. which fell off per cent Friday
led the upward movement Small realizing
sales quickly changed the temper or spec
uation the active list receding 1sgtl per
cent, the latter in burlington ~ quincy,
and 2 per cent in Rubber. The weakness
continued until about flfteen minutes De-
fore noon, when reports of very strong
hank statement coupled with desire on
the part of the snort interest 10
cover, resulted in a strong buying move
r,ent which sent prices up sharply. the
greatest part of the decline being covered,
and in some instances figures going above
the best prices of the morning. Inc mar
ket closed strong and, compared with the
final sales of Friday, 14m12 per cent. hlShSr'
Louis. in American Tobacco, preferred,
IH in Sugar, preferred, and l in the COM
mon Rubber recovered per cent, max
ing the loss the day per cent. Bur
iington & quincy, against which a special
drive was made, loses only a. per cent
from Yesterdays closing. On the weeks
transactions the changes are less violent
than of late, and are pretty evenly pal
anced, with perhaps slight prep9ndder ri;re
are: Colorado Fuel and iron preferred 10;
Delaware. Lackawanna g Western, AZ;
preferred. and Northern Pacific preferred,
8; Louisville, New Albany. preferred, "a.
G. & St L.. preferred 4; American Cable,
324; Northwestern, preferred 3: New York,
Chicago St Louis d second preferred'
each .; Sugar. IL and General Electric,
rs. ~
ket was firm in the early dealings subse-
QueEtly becoming heavy in sympathy with
firm at the close. Northern Pacific seconds
registered sold at 70 against 81 on Dec. II:
Peoria & Pelcn Union firsts sold at liz
against 1917 on Oct 90
The principal changes on the week are:
Declines-Louisyille, Evansville * st. Louis
consul fves. 16l2; Northern Pacific firsts,
rs: Northern Pacific seconds coupon. 1872;
Northern Pacific registered H. Northern
Pacific thirds coupon, Z; Northern Pacific
consul fives. 3A; St. Louis & San Francisco
general fives. 61a; Union Pacific gold skies
collateral trust notes. 6; Union Pacific col
lateral trust skies, g. Advances-Milwau-
kee, Lake Shore q Western incomes, IL;
Peoria & Pekin Union ones, 51h; Central
Pacific land grant fives, 81.
Government bonds We're steady. State
bonds were dull
The following table, prepared by James e.
Berry, Room 16. Board of Trade, shows the
range of uuOtatiOn