The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
STOCK VALUES DOWN
BULLS on CHANGE BELIEVE 1T A
GOOD TIME TO TAKE PROFITS.
Good Exports Help In the Depression
Local Markets show De-
clining Tendency.

At New York. yesterday. money on call
was easy at per cent; last loan. /; closed.
] per cent.
Prime mercantile paper. 3d4 per cent.
Sterling exchange was strong. with actual
business i'm bankers bills at S490i4 1909 for
demand: A.soIzd4S9zs for sixty days; posted
rates. $4s9izg49O and si90ls94.9l: CONNER
ciaI bills. s8ssss.
Silver certificates. 6sssa667sc: bar silver.
6shc; Mexican dollars. 5s14c. AT Londan bar
silver was s9ild per ounce.
Total sales of stocks were 30i1i0 shares.
including: American Sugar. u4.345; Bur-
Engton. 1880: Canada Southern 1890; Chi
cago Gas. 1850: DistilIing. $500; Louisville
& Nashville. 800: Missouri Pacific. $500:
Northwest. 400: Pacific Mail. $500; Read
ing, 400; Rock Island. 1880: st. Paul, 3d.
100; silver certificates, 10000; Southern Rail
road preferred. $500; TENNESSEE Coal and
Iron. 1900; United States Cordage Company.
$500: United States Leather. 300; Wabash
preferred. $500: Western Union, 500;
Wheeling & Lake Erie. 1900.
The sum Of 100000 in gold has been
dered at the subtreasury by the Bank of
Montreal for shipment by to-day's Euro
pean steamer The gold ordered by the
Bank OF Montreal Is being withdrawn from
the subtreasury- 1t is on Canadian account.
Message & Fuller viii ship 100000 to-day
II ALI the gold expected TO be shipped to-day
s2eusiy r" of TIN the E amount W be ;tb
drawal for next week. w. III. Crossman &
Bro. have ordered s10oo.oOo in gold for
Withdrawn the $4,000 gold from the sub
treasury which they announced for ship
ment to-day. Statement of the condition of
the treasury shows Available cash ball
ance. s1S6. 5e3 4l5: gold reserve, s1O7. 1ls.23
lower range OF values was established
in a large majority of the stock traded In
on the exchange yesterday. The general
cause was heavy dealing by bull pools. the
members of which had decided to take prof
It's. feeling that the market was losing the
greater part OF its outside support. Engage
ments OF gold for shipment TO Europe, all
OF which was to come from the SUBJ
treasury. also tended TO weaken the mar
ket; At the opening Sugar. was sold freely.
declining l1 per cent, while the rest OF
the list fell of fraction. The reactionary
tendency was quickly checked and a fairly
good purchasing movement set in. Shortly
after II o'clock a general decline took place.
The bear attack had spent itself at about
snort contracts rally was effected of ia
1h per cent, the latter In Chicago Cas- and
In the last quarter Of an hour Sugar and
Chicago Gas were again sold heavily and
broke l+ and ! per cent.. respectively. the
the market closing weak. Among the net
preferred; 2; Burlington. rs; St. Paul, Is;
cent Canada soathern SHOWS an advaP Pee
OF per cent. and few other shares of a
Bonds. were quiet and lower. with sales
OF N,560o00 Cordage frsts reacted per
cent: b. & O. frsts. Parkersburg branch.
Northern Pacific consols fives. Ia, and Wa
6asn seconds per cent. Tennessee Coal
nrsts, Tennessee division. improved 21k per
cent; Birmingham nrsts. 1: Big Four. c..
w. NJ fours, International & Great
Northern seconds. and Rochester q Pitts
burg consols. / per cent q
Government bonds were easier. State
bonds were dull
Following are the closing quotations on