The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-16
STOCK BEARS ACTIVE
SOLD FREELY AND DEPRESSED
PRICES FOR MOST SHARES.
Points Since Feb. 4-Gencral Trade
at Indianapolis Improving.

at New York, yesterday. money on call
was easy at 1Q1A per cent. the last loan
being made at liz, closing offered at liz per
cent
Prime mercantile paper, sI2@5is per cent.
Sterling exchange strong, with active bust
ness in bankers bills at s4SS14I4SS1a for
demand. and at si.s7Q4s7A for sixty days;
posted rates, $iS71aG4S8 and 81 S9I4 .S915 I;
commercial bills. s4.SG.
Silver certificates 5s7sa60Ac Bar silver
closed at 5Sisc per ounce; Mexican dollars,
4Sc. AT London barssilver closed al q 5-16d.
The total sales of stocks yesterday were
lyH44S shares, including the following:
American Tobacco, 500; American Sugar,
1890; Burlington, $500; Chicago Gas, 2o.50O;
Delaware, Lackawanna & Western, 800;
General Electric, 400; Louisville & Nash
vile, 500; New Jersey Central. 1890:
Northwestern, s4,500 Reading. $500: Rock
Island, $500; St. Paul, 1880; Western
Union, $500.
The share speculation on the Stock Ex-
change yesterday was irregular and I'M
settled, the tendency being in the main to-
ward lower prices and, with few excep-
lions, the final sales were made at figures
ranging from u to 21s per cent. below the
closing prices of Thursday The defeat of
ZIG sOiu DOua Dill IN the House or Repre-
sentatives, while entirely expected, had
snghtly depressing influence on the market.
An effort was made to create bear sentl-
,aa,aa 6, on .he Strength OF certain transac-
paid by prospective buyers of bonds from
the syndicate as a premium or commission
on the gold secured. 1t is not an extraor-
binary thing for premium of u to 1 per
cent to be paid to bullion brokers to obtain
gold for an emergency.
ne trading In the stock market was more
active than OF late, but the increase in
business was on the bear side of the ac-
count. The selling movement in North
marked down quite distance the stock
selling at S9ll. which is decline of S7s per
cent. since Feb, of this year. A rally of
was recorded at the close, making the
loss on the day * per cent New Jersey
Central was weak throughout the greater
part OF the Day. declining "a per cent. in
the early dealings, recovering Ia in the first
part OF the afternoon. losing the entire gain
and rallving " at the close. the net loss
neing ~. Sugar was in better buying re-
guest than usual, and, after an opening
loss or y, sold up 2as per cent. to 93as. with
tn s,hat reacuon OF q per cent, the gain on
Tobacco l1s and Interior Conduit 2ss. Among
the principal declines are Alton & Terre
HII;aute, 21s; Erie preferred. IA; Edison
and Canadian Pacific. Lake Shore and Lead
"A: The market closed fairly steady.
mere was considerable diminution in
the volume of trading In the railway bond
market and the speculative issues were neg
iected Some of the more prominent of this
class of mortgages did not appear in the
transactions The tendency of prices was
downward as a rule, out some few issues
record an Improvement. The total sales
were $4,000. The principal losses are: c.,
9. & indianapolis general SKIES 3A per
cent; Fort Worth & Denver City firsts, a.
Feor1a, Decatur & Evansville seconds, g.
government bonds were strong State
bonds were dull
The following table. prepared by James
f. =, Berry, Room ls. Board OF Trade. shows