The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-25
STOCKS RECOVERED
DECREASE ~ VOLUME OF BUSINESS,
But THE SHARE LIST FIRMER.
DecIine-At indianapolis Wheat
Falls on 1d1 Lie.

At New York. yesterday. money on call
was easy at per cent.
Prime mercantile paper. 3d5 per cent
Sterling exchange was firm. with actual
business in bankers bills at $4SS@a4Ss1z
for demand and $i-S7%d4s7is for sixty
days: posted rates, $4sSG4s9; commercial
bills. $4.S6AG4s61z
Silver certificates, CSC. At New York
bar silver was 62lzc; at London bar silver
was quoted at 2S7sd per ounce.
Total sales Of stocks amounted TO 1880
shares. There was a marked decrease in
the volume OF business on the Stock Elk
change, yesterday, but the speculation was
firmer in tone and there was a partial re-
covery of the losses Of Monday in most
instances. while in some stocks higher
range of values was established. Sugar
was a notable exception. and lost the
greater portion OF Mondays gain. The
Atchfson affair still stirs the street. and
the speculative fraternity looked anxiously
for expert Dttles report. which it was
expected would be presented to the meet
ing of the reorganization committee called
for 1 O'Clock. When the meeting entered
on it's session it was announced that the
report was not completed; that Mr.. Little
had only just begun the work the
Eastern books, and that ne would not have
finished his examination Of them before
next week The statement that the inves-
tigation already shows overstatement
of receipts for the past five years of more
than 100000 was verified, but no explana-
ton of 1T is yet made, and Mr.. Little de-
ciines to make public in what way 1T was
done whether by means of rebates or COM
missions, or both. The committee also re-
fuses 10 talk in advance Of the presenta-
AtcniSOn
advanced u per cent, mainly on purchases
10 cover short contracts. The bonds have
recovered lGl5 per cent. in the race OF
some small foreign selling. Sugar was very
strong in the early dealings, and large pur-
chases OF the shares were made on the
generally expressed opinion that Senator
Germans speech made it very nearly GER
tain that sugar was sure of protection in
you'd fail. An advance OF 4 was made,
followed by a reaction of IL and by
reports of a probable compromise on the
sugar schedule, which sent the shares down
Of the day and rs below Mondays closing
ngureS. Chicago Gas was raided in the
opening trading on the passage of the Uni
Common Council over the Mayors veto.
ca ne G me 6 loss was % tb
theory that the franchise having been
granted, there would be no further disturb
Ing elements in the situation, and on the
theory of the bulls in the stock a plant
would never be constructed to supply 90
The strong support given to the shares
caused an Improvement of rs. of which
y per cent. was lost at the close on sales
to take profits. Distilling fiuctuated within
margin Of q per cent, touching 1885 in The
morning and 177s in the afternoon, and
closing within Il of the top price and IL
above Mondays. The general market was
Irregular on very light dealings. but closed
fairly firm. National Lnseed shows an
advance Of Ia and st. Paul & Omaha and
Richmond Terminal preferred each l per
cent Pullman declined 1Ss. The other gains
and losses are fractional.
The bond market was firm to strong the
leading changes being: Advances-Rich-
mond & Danville consol skies, pa; Rich
mond & Danville stamped fves, /: Georgia
Central hves and Atchison fours ~ Atch-
ison seconds, Class A, 1; Kansas Pacific
consols, Ia; c., c., G. & St. L., St. Louis
division, tours, Pittsburg & Western firsts.
Rio Grande Western firsts and Union Pa
cific sinking fund Fights. L per cent. De-
elinesI Wabash seconds. II; st. Joseph &
Chicago firsts and Northern Pacific terminal
frsts, per cent.
Government bonds were firm State bonds
were dull.
The Following table. prepared by James e.
Berry Room TO- Board of Trade. shows the
range Of quotations:
icb-