The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-27
'G0ALERS HAMMERED
DILL DAY ON NEW YORK CHANGE
wITH NUMEROUS DECLINES
Dond Narket Firm with Heavy Deal
fugs I'm Rock IsIand-Locni Mar
kets Dull and Lower.

At New York. yesterday, money on call
vas easy at 1 per cent.
Prime mercantile paper. 2ssH31z per cent.
Sterling exchange was firm, with actual
: business In bankers bills at sLS7%aLS1a
for demand and at S~4.sS5s94.ssz for sixty
days; posted rates. A.S7izg4.ss and $LSShq
L3; commercial bills. ~s4S51z@4S%.
Silver certificates, &c bid. Bar silver
closed at SsAc per ounce: at London. 29Ad.
Total sales OF stocks amounted TO 5000
shares, including the following: American
Sugar. 1890; Burlington. 100: Chicago Gas.
$500; Delaware & Hudson. 2.600; Manhattan,
3.5oo; New Jersey Central. 100: Northwest.
$500; Reading. 1880; Rock Islard. 200; st.
Paul, 12.2o0..
The stock market was dull again yester-
day, the volume OF business being lighter
tran on Thursday. The feature of the specu-
lation was the continued weakness OF the
coal stocks. which were hammered down by
the bears on offerings of short stock. 1t is
claimed. too, that some long stock was
brought out. The board talk Is that the
condition of the coal trade does not warrant
the maintenance OF current rates for coal
stocks. and that they are bound TO seek a
lower level. Delaware * Hudson opened
steady, but began TO decline at once, and In
the early afternoon touched the low point
OF the day, 1854. being a loss of 21z per cent.
IN the later dealings the pressure TO sell
was not great. and a recovery of y was
erected. Reading opened "a lower al
vanced =. reacted u and recovered "a. st:
Paul led i'm the transactions. but moved
within a range OF q per cent, gaming =
on the day. Burlington a Quincy was neld
within similar limits and Rock Island With,
IN = per cent Northwest rose -, declined
Us and recovered u. losing u per cent. on
the day. Central Pacific recorded a decline
OF lis per cent on sales OF 400 shares. lows
Central preferred broke ) per cent on a
hundred-share transaction. and Wheeling &
Lake Erie preferred and Norfolk & south
ern, each lost l per cent. on similar sales.
Sugar gained Is at the opening, sagged off
advanced ~ in the initial trading. and then,
on small selling, declined 10 l0I1a. with a
Dlarket was'intensely dull and moved slug
<isnly. the main tendency being toward low
er values. and speculation at the close was
fraction below the closing figures OF Thurs
day. a very few shares showed a slight
The sond market was firm throughout
the earlier part of the day, but became
easier near the close. A feature OF the deal
fngs was the heavy trading in Rock Island
gated $4,000. One block of 100000 was
sold 81 102h. The purchasing movement in
the bonds was due 10 the fact that the
has some S4.c00. 900 in its treasury,
: which precludes the idea Of a further issue
d. DG Footed t up $500 sSsa1 snd the more ore ime
portant changes are: ACKNOWLEDGEMENTS
& New Albany ~consols, Chicago & Eastern
Illinois fves and ST. Paul consol sevens,
I1z per cent; Chicago & Western Indiana
general skies. IL; Toledo * Ann Arbor
firsts, 1is, and Northern Pacific seconds and
Northern Pacific terminal firsts. l. De-
clines-BrookIyn Elevated seconds. 4 per
cent; c., &C. & st. L., ST. Louis division
fours, ga; Wabash debentures, series b, s.;
Reading first preferred, ia; Utah Southern
extension frsts. IL, and Erie first conSols
and Kansas City consols. l.
Government bonds were firm. State
bonds were dull and railroad bonds were
easier.
The following table. prepared py James
Z. Berry, Room 16. Board OF Trade. shows
she range OF quotations.: