The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-26
SALES 89,494 SHARES
ANOTHER QUIET DAY on 'CHANGE,
But FLUCTUATIONS WERE WIDE.
Sugar Trust Led the Market with
Sales of Only 1-O,0OO-Local Mar
kets Unsatisfactory.
At New York. yesterday. money on call

At New York, yesterday, money on call
was easy at / per cent.
Prime mercantile paper, 2zG31z per cent.
Sterling exchange was dull and easier,
with actual business in bankers bills at
ALs7zsd4S7& for demand and at $i.S6Hs0
1854 for sixty days: posted rates, $4.SI1zD
ass and $.ssiz94.s9; commercial bills. $4s5A-
Silver certificates. 63zc bid. Bar silver
closed at $3.50 per ounce; Mexican dollars.
Sic; at London bar silver closed at 2ssd-
Total sales Of stocks We're 9.494 shares,
including: American Cotton oil, 200; Amer
lean Sugar, 1880; Burlington, 400; Chi
cago Gas. GOO; Delaware. Lackawanna &
Western. $500; Delaware & Hudson. $500;
General Electric. 2,4Oo; New Jersey Central,
2.Oo; Northwest. $500; Reading, $500: st.
Paul, S,leO.
Although the transactions on the Stock
Exchange yesterday were a trife larger
than on Wednesday the trading was dull
and embarrassing, except in the coal stocks,
which were unusually active and heavy,
owing to alleged friction among the sew
eral companies and reported overproduc-
tion- This led to brisk selling during the
morning, which resulted IN a decline of 8
per cent. in Delaware & Hudson, 3A in
New Jersey Central, 3s In Delaware, Lack
awanna & Western and l per cent in Read
ing. On the announcement of the advance
IN prices ScQe0uleQ Dy the sales agents a
recovery of "a was made in Delaware &
Hudson, 2 in New Jersey Central. Ia in
Delaware, Lackawanna q Western and q
In Reading. In the later dealings the bears
returned the attack. putting out the claim
that the output is unrestricted and de-
stroys any benefit that might accrue to the
coal trade by the advance in rates.
"A reaction Of 2 per cent in New Jersey
Central followed the raid. the other coalers
5 Wsase reced Ling; aaA oes and Lachawanna &
to Il The general market opened
fairly. but the short interest. tax
c%oalers. sold down the leading shares and
some or the specialties. causing a decline
which was not checked until nearly noon,
the losses ranging from "A to 2A and be-
ing most marked in Wheeling & Lake
Erie preferred. Lake Shore and Cotton Oil.
tone and tendency. except in a few in
stances, being upward 10 the close, when a
recovery of bqlh had been recorded. the
. some few la Ls Blocks snG fefi on ~ s a sm nanl f@ asaalEgs
but the general tone Of speculation was
frmer at the close. Compared with Wednes-
days hnal figures prices are In the main
lower. the more important declines being
New Jersey Central, By; Delaware G. Hud-
ware L Iackawanna. 2: Reading, sus-
guehapna & Western. and Colorado Fuel and
Iron. |: New York Central and Lake Shore.
west, c., c.. c.. & st. Louis and Cordage,
y. Among the few stocks which show add
ern pref en sde 1S gay and are co ana5n0 oif Preferred r. Mrsd.
]. Rock Island, Hooking Valley. To.
Burlington, Atchison, bistiliing and
Missouri Pacific are unchanged. New Jer-
sey Central was offered at 1O2 and sold at
1921, against 104A regular.
The bond market was heavy In the early
trading In sympathy with the share specula-
ton. In the late session a general recovery
was made the market closing In good tone.
The sales for the day were $s23. 900. The
more important changes are as follows:
Advances-St. Paul & Minneapolis frsts
and st. Louis & San Francisco consol
fours. 31z: Chicago, st. Louis & New Or
Jeans 1ves. registered. and Northwest sink
Ing fund f1ves, registered. 8; Minneapolis
& ST. Louis, Pacific extension firsts, PA;
Iowa City and Western frsts, q; Ohio
Southern frsts, ~; Southern Pacific, Of
California. consol f1ves. IL. and Louisville
& Nashville, / per cent. Declines-Erie sec
ond consol trust receipts. Ia: Louisville
& New Albany consol skies, 11s. and Mis-
souri, Pacific consol skies and Ohio Southern
fours, l..
Government bonds were strong and high
err State bonds were inactive and railroad
bonds were firm.
The following table. prepared by James
z. Berry. Room Is. Board Of Trade. show
the range Of quotations: