The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-03-05
THE INDIANA TRUST CO.
SHARE LIST FIRMER
Sugar Again Led the Procession,
Gaining | 3-8 Per Cent.
Granger Stocks Participated i'm the Ad-
vance Aforementioned Grain
Business Not Heavy.

At New York. Saturday, money on call
was easy at per cent.
Prime mercantile paper, 3q51k per cent.
Sterling exchange was dull, with actual
business in bankers bills at 81. sS1 "A ssh
for demand and at AS7Q4S7A for sixty
days; posted rates. $4.S31zQ4.s4 commercial
bills, $4.S524Q4S6.
Silver certificates, 5SBQ591ac; no sales.
Bar silver closed at 5Sc per ounce; at Lon
don, I'D.
The New York weekly bank statement
shows the following changes:
Reserve, increase. oil, 400
Loans decrease. -...................... lSla,20O
Legal tenders, increase. ..............1 l5O, 100
Deposits, decrease. ................... 001, 200
Circulation, decrease. $500
The banks now hold SIS, 79S, $50 in excess
of the requirements Of the Is per cent rule
Total sales of stock amounted to 1850
shares. With the exception of a brief
period about 1890 O'clock, when a frac-
tional reaction occurred, the stock market,
Saturday, was strong and the general
tendency was toward higher prices The
volume Of business, however, was light and
the speculation was without important
feature Rumor mongers had for the once
abandoned their vocation and the market
influence OF good or evil report. desire
on the part of the shorts TO cover their
lines which they did not care to leave un-
protected over Sunday was the leading
motive of the purchasing movement, which
sent prices upward. There was very little
buying for the long account. and the for
elgn houses were not trading to any ap-
probable extent. Sugar was most active
and recorded the greatest advance of the
gay rs per cent, General Electrics NOV
ing up y and Lead q, the improvement in
otner industrials being triffing. The
CHANGERS, except Northwest, participated
largely In the rise, Rock Island and Chi
cdgo' burlington & Quincy each gaining l.
anu 81 Paul Is per cent Baltimore q
ONO shows an advance of y and the rest
Laekawanns & Western and ndeR Wb pe.awars,
Lake Erie preferred which lost Ia
anu per cent, respectively. The
ures OF the day. The movement for the
Week resulted generally in the establish
nent or higher range on values, the prin-
cipal advances being National Starch Az:
Pullman and Richmond Terminal preferred
!; General Electric. $751; Burlington &
Ierred, IL; Rock Island 22s; Northwest
Ia; Consolidated Gas and Iowa Central
preferred, 3; Pittsburg. Cincinnati, Chicago
q 81; Louis, 2ls; Sugar and Manhattan. pa,
and New York Central, Lake Erie < West,
ern preferred and c., c., c. q St L.. Der
cent. The only stocks which show any ma
terlal decline are: Chicago & Eastern ILL
nois, Z; Evansville & Terre Haute, 5, and
Mobile & Ohio, 1 per cent.
The railway and miscellaneous bond mar
ket was hrln throughout the day, Northern
Pacific and Montana firsts advancing PA;
savannah & Western firsts, 215; Richmond
Terminal Trust receipts, hves, 112; Cincin-
natl. Dayton q Ironton fives IA and Mis-
souri, Pacific consoI skies, L per cent Hook
Ing Valley fves declined rs. Chicago, Bur
nngton ~ Quincy sinking fund fives sold at
loss. against 1O5 on Nov. IL. Missouri pa
cific seconds, extended. sold at lO4, against
luO on Jan. is. The principal changes on the
week are decline OF 4 per cent. in Hous-
OF ii per cent. in Cedar Rapids Iowa Falls
q Northern fves, as in Burlington &
Southern fours, st. Paul gold sevens and
Erie funding flVes.
Government bonds were firm. State bonds
were dull.
The following table. prepared by James
+. Berry, Room It. Board OF Trade shows
the range OF quotations: