The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-11-27
The Indiana Trust Go.
OFFICES S. Meridian st.
Capital, 100000
THE BONDS BENEFITED
4 SHARES DID NOT FEEL THE
BOUYANCY THAT WAS EXPECTED.
Firm Stock List at the Opening, After
which Came N SIump-Indianap-
oils Markets steady.

AT New York, yesterday, money on call
was easy at l per cent.
Prime mercantile paper. 2A per cent.
Sterling exchange was easier, with actual
business In bankers bills at $4.S7lkG4.S 7Ss
for demand. and s4.ssa4.ssK for sixty days;
posted rates. A-s61za4S1z and A.SS@4sS1s;
commercial bills. A-SazQ4S.
Silver certificates, 62z. Bar silver closed
at csc per ounce; Mexican dollars, 5O1sc.
At London bar silver closed at 2SAd.
Total sales of stocks, 146, 1928 shares, in
Guiding: American Sugar, Is, 200; Burlington.
400; Chicago Gas. 1900; Distilling, II, 400;
Erie. 400: New Jersey Central. 100; North
west. 1880; Reading. 800; Rock Island. T.
300; st. Paul, $1,000; Southern railroad. g.
400; Southern railroad preferred, 1900: West
ern Union. 500.
The share speculation Monday did not
reflect that buoyancy which might have
been expected and undoubtedly was in some
circles from the very successful floating of
the government loan. Speculative values
patton of the result reached. but 1t was not
OF a lasting character, other circumstances
tending to weaken the stock market The
other government bonds. however. were
materially strengthened by the heavy bids
for the new fves. and all of the Old issues
closed higher than on Saturday. the gains
fours. registered and coupon, each, 1; Sec
onds. registered, l; Pacific skies of 80. '6
oihu 90 "a VI ~ - dnQ u %, IL per
cent.
At the opening of the stock market a
firm tone prevailed and most of the shares
traded IN moved up a fraction on buying by
the room traders based on the belief that
there would be a good demand for stocks.
market. and instead a raid was made on
Chicago Gas, which sent 1t down l per cent.
The general market became heavy and re;
In the more active stocks, while Delaware
* Hudson rose Ia per cent A partial re-
Speculation was fairly steady at noon. Dur.
Ing the afternoon the market moved in
the same Irregular course as during the
the net results being In most cases a lower
range of values. In the final trading a
slightly better feeling prevailed and the
market closed about steady. At no time
during the day was there any animation to
the dealings. but at the same time there
st. Paul and Northwest. some holders of
those shares desiring to close out their con-
tracts in view Of the expected reduction of
the rate OF dividend Of Northwest at to-
were depressed early In the day by the at
tack on Reading. but gained strength in
ence OF coal men to be held tomorrow will
help the situation. Delaware & Hudson
made a gain on the day of rs and Lack
Shore. IL; st. Paul, ~; st. Paul preferred.
1lk; Southern preferred. ~; National Lead.
i; Sugar and Missouri Pacific, q, and Louis
Vile & Nashville. y. In the list of adj
vances are: Cordage guaranteed. 212; Pull
man. Canada Southern and Laclede Gas, L.
The bond market vas generally firm dur
ing the day, with a tendency toward higher
figures. The transactions were large. ag-
gregating s1,3n.ooo. of which Southern fves
figured for $4,000. In the closing dealings
there were slight recessionS In the more
active issues. The more important results
of the days speculation are: Advances:
Fort Wayne firsts, 3iz; Chicago, Burlington
& Northern fives. 2h. Declines: Ohio River
general fives. 8 per cent: Cordage firsts "a.
Government bonds strong and higher for
all the issues. including the Pacific. State
bonds were inactive. and railroad bonds
easier
The following table, prepared by James
z. Berry. Room is. Board of Trade. shows
the range OF quotations.