The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-22
DULLESTDAY In YEARS
TOTAL SALES OF STOCKS SATURDAY
LESS THAN $4,000 SHARES.
Over Half the business on Change
Wheat and Oats Lose IN Cent.


was easy at 1 per cent.
Prime mercantile paper. 3d5 per cent.
Sterling exchange was firm. with actual
business in bankers bills at SlSSsQ4SS4
for demand. and $4S7ha4S74 for sixty
days; posted rates, $4.SSQ4.S9; commercial
bills. S4S6A.
silver certificates, 64d65c Bar silver
closed at 62ssc per ounce; at London 2S9sd.
The New York weekly bank statement
shows the following changes:
Reserve, increase. .$ll2 225
Loans, decrease. ....................... oI,oV0
Legal tenders decrease ..--..-.-..... - 200
Deposits, decrease. ACKNOWLEDGEMENT. 423,l OO
circulation, decrease lSS,zOO
The banks now hold S74.113,60O in excess
of the requirements of the % per cent.
rule
Imports OF specie at New York last week
were $24.760 of which S21.O65 was gold.
against "a total of $780, $50 last week. The
banks gained by the movement 81, $4,000 in
gold and legal tenders and lost by sub
treasury operations and gold exports
100000. making a net gain of $7S5.OOO.
Total sale of stocks amounted to only
45,6Oi shares. including 24.1OO of American
Sugar and 1900 of Distillng With more
than half of the days business in Ameri-
can Sugar Refining Company, there was
very little of interest in the speculation
on the Stock Exchange Saturday. So mar
row a market has not been experienced In
many years. even a Saturday. Scarcely
anything was done during the first quarter
Of an hour. except in Sugar Not until
Job O'Clock was there a sale of Chicago
Gas, General Electric or Louisville The
first transaction in Burlington & Quincy
took place at IL O'Clock, Rock Island at
lao, and st. Paul at IL 10 Sugar was in
good request in the early dealings and
advanced lss per cent. reacting and
rs from Fridays closing price. Distilling
rose 4 in the opening trading. but was at
the final dealings the covering of short
contracts resulted in rally of "a per cent
The dealings in the rest of the list were
so small and the fluctuations so narrow as
not to call for any special mention, the
market closing steady to firm, with prices
about evenly divided between the declines
sales Of Friday, but in case was the
change above fraction, except Pullman.
OF the weeks trading has been, in the
main, a depreciation in values, the prin-
Electric. ~; st. Paul preferred. 1ss; Ev-
ansville * Terre Haute and Chicago Gas
2; Distilling and Wisconsin Central 62s :
Minneapolis & st. Louis preferred, 424 and
Brooklyn Elevated. s per cent. Advances
were established of per cent. in Tobacco
preferred and Des Moines & Fort Dodge
ferreG. 21z in Louisville & New Albany pre-
ferred; Hooking Valley preferred and
Ohio and 31s in Sugar.
The railway and miscellaneous bond mar
ket was fairly active, but was weak in
tone. and declines were made of per
cent. in Chicago & Western Indiana gem
eral skies, IL in Atchison fours, 11s in
Atchison seconds. Class A; Ia in ST Louis
* San Francisco general fives, lis in Erie
second consols trust receipts, and l per
cent in Northern Pacific seconds and
Northern Pacific and Montana fir It's Erie
new sevens advanced u and Rock Island
extended ives registered and Fort Worth
x Denver City skies. l per cent. The prin-
cipal changes on the week are as follows:
Advances-Cedar Falls q Minnesota
firsts. SIS: Scioto Valley & New England
fours. D; Equitable Gas of New York fives
and Union Pacific sinking fund Fights &;
Union Pacific gold skies collateral trust
notes, 3; Northern Pacific thirds 334 !:
United States COrdage firsts, 33s; Richmond
e Danvlle stamped fives. 312, and Union
Pacific Denver & Gulf frsts. 3S Declines
Toledo, Peoria < Western firsts, y; Mis-
souri, Pacific collateral trust fves, 7; Wa
bash debentures, Series Il. ,; Detroit Gas
fves, A; AtchlsOn seconds, 33s; Atchison
fours. 27s: Burlington & Quincy debenture
fves. S14. and Northern Pacific terminal
firStS. 3
Government bonds were strong State
bonds were inactive.
The following table, prepared by James Z.
Berry, Room 10, Board OF Trade. shows the