The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-11-12

0NNA
London, bar silver. % s-16d per ounce
The New York weekly bank statement
shows the following changes:
Reserve, decrease. N,534,63
loans AsV1s'SV
Specie' ao'OW
Legal tenders. 2,lSS,9O0
Deposits, z,5zo,aW
Circulation. 3l0,2O
The banks now hold S., SIS, $50 in excess
Of the requirements OF the . per cent. rule.
The exports OF specie from the port Of
New York for the week amounted TO S15,-
1Ss in gold and SIS. 800 silver. The imports
for the week were: Gold. $33.1s5; silver.
s24. 733; general merchandise, S.945. ISL; dry
goods. 81. 562.4 ass.
Total sales of stocks were 1908 shares.
including the following: Atchison. 100;
Cotton OIL. 1900; Sugar. $500; Burlington,
17.10o: Chicago Gas, 2.321; Delaware & Hud-
son. LOO; Distillers, 200; General Electric.
1900; Louisville & Nashville, $500; Manhat-
tan. 1900; Missouri Pacific, $500; Lead,
Loo; New Jersey Central, 500; North
western, 5000; Northern Pacific preferred,
1.5O0; North American, 1,50O; Pacific Mail.
1900; Reading. 1.50O; Rock Island, 1880; St.
Paul, 1920; Union Pacific. 300; United
States Rubber, I.5i5; Western Union. 1900.
The moving influence in Wall street Sat
urday was the reported intention Of the
AllClL " Issue a tDJsVJD,OIU lOdl. Dc-
spite the denials OF the report in the press
dispatches from Washington, leading bank
eminent loan is contemplated and that Off
cial announcement OF the fact will he made.
possibly early next week. The traders on
bought stocks freely on the strength OF
Il on the theory that it would strengthen
the general financial situation and conse-
citation in share values. AT the
pIppv vii m me : b,n,sh ~" ssaI, very gooa
the rumored bond issue and the market
gained in strength until some holders of
stocks bought at lower figures began TO
realize profits which caused a reaction linn
tied TO a fraction, except in the case of New
Jersey Central, which receded 1 per cent.
There Were. however. too many buyers in
the market to permit of a serious break,
and when the small pressure to sell had
been removed prices again moved up stead
fly until about 11:30 o'clock, when the bears
made a demonstration against values, which
& Lackawanna. New Jersey Central. Sugar
and the grangers being the heaviest suffer-
ers. The depression lasted for not more
per OF speculation underwent a sudden
change and a rally took place, the market
closing strong at an advance, ranging from
70 3 per cent, the latter Lake Shore.
Other gains were: Sugar, "a; Wheeling &
Lake Erie preferred, rs: Rubber, 2: Hook
burg & Western preferred, Northern Pa
cifc preferred and Bay State Gas, q. Del
aware & Lackawanna advanced q at the
~ DAOhC = e OChts lOSlAA6 az
the lowest of the day. To!edo < Ohio Cen
trai dropped per cent. on the sale OF 100
shares. Alton & Terre Haute and Pitts
burg. c.. c.. & st. l.. preferred each lost
1.per cent. OF the grangers st. Paul is I'M
changed, and Northwest Il. Burlington y.
and Rock Island u higher.
During the past week the speculation has
been very active and the transactions
I'VE days OF business, Tuesday being a
holiday. Anticipation of Republican sue
cesses and a relaxation thereof was the
cause of the inRFaQ sod activity aud with
q larger business came a material advance
in prices which, on the last day Of the
tempiated bond issue by the government.
Inc more important gains on the week are:
81 sI:ALI Lake ks Erie Frsar 3 prSWve Western zp Srie haKe Sn9 5se
Lake Erie & Western common, ~; Con-
solidated Gas, 81; Cotton OIL preferred.
Minneapolis & st. Louis, 4; Minneapolis &
st. Louis preferred, 3: Rock Island, 37s;
ferred. sS; Pullman. Basitimore & Ohio s and
Delaware Hudson. 81; Burlington &
sSuln%Sy: ss; s., PAUL Ii,, 25s: Erie pFef erred.
gan Central and Tobacco, 2lk; Canada
Southern, Northwestern and Louisvilie and
cine. Pittsburg. c. c. & St. L., ~: pits
Gas and wheeling 1 Lake Erie pre eaasssI
York Central, 2 per cent. A few shares
show a loss; including Hooking Valley pre-
The bond market was strong and active.
the sales aggregating 81. 5000 GOO. CINCINNATI
Dayton & Ironton fves advanced 1I. Erie
second consols IL. Erie trust receipts Ia
wheeling, Lake Erie & Pittsburx Goa
nves and Burlington consol sevens, IL: Chi
cago Gas firsts, st. Louis & San Francisco
general fves, St Louis & San Francisco
general skies, Louisville & New ALBANY
firsts, ] per cent.
There was also great activity in the bond
market during the week. the transactions
~aggregating &c. las, 600. The market was
characterized by marked strength and clos.
ing prices OF the week show advances rang
ing up 10 3 per cent, the latter in Washing
ton, Ohio & Western irsts, Union Pacific,
Denver & Gulf, 5; Louisville & New All.
bany consol skies. AS; Wheeling, Lake Erie
& Pitts5urg Coal fives and st. Louis * San
Francisco general fves, AZ: Indiana, Deca-
tur & Springfield frsts, trust receipts. a
Erie second consols, 3k: Erie trust receipts
as: Atlantic & Pacific tours and Northern
Pacific thirds, 5, and Northern Pacific con.
sol fves, 3%. Chicago & Erie incomes de.
clined ; per cent.
Government bonds easier IN the reported
contemplated issue OF a new government
loan. State bonds dull. Railroad bonds
strong.
The following table. prepared by James
E Berry. Room 16. Board OF Trade. shows
the range or quotations:
Open High Low Clos
Name. ing. est. est. Ing