The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-05
WEAK STOCK MARKET
CHANGES WE'RE INsIGsIFICANr, MA
JoRITY SHOWING LOSSES.
sugar Was Most Prominent, and
scored Decline OF, as FER
Cent.-LocaI Markets Active.

At New York yesterday money on call
was easy at 2d2A per cent. last loan. 2;
closed, 2 per cent.
Prime mercantile paper. 40r5la Ter cent
Sterling exchange strong with actual bus.
mess in banl ers bills at si.s9l4 "a s91a for de-
mand and S4.ssl<a5.ss11 for sixty days;
posted rates. $ass1a04 Ssls and $4,000. 9015;
commercial bills. s4s71ae4STs4.
Silver certificates. 65a65lkc; sales, 100000;
bar silver. 65ssc; Mexican dollars. SIC. At
London, Bar silver, sod per ounce.
Total sales of stocks were 1884, 100 shares,
including: American Sugar, Al, 200, Atchison,
400; Burlington. $500; Distilling, 23,5o0;
General Electric. IS 400; Kansas & Texas
preferred, 5000; Louisville & Nashville. A.
900; New Jersey Central, $500; Reading.
13,1O0; st. Paul, 400: Western Union, 400.
The stock market yesterday was mac
tive and the net results of the trading are
insignificant except in few instances. A
majority of the shares dealt in show losses
compared with Wednesdays closing
prices, but few of the active stocks are
down more than small fraction. London
houses were on both sides of the market,
but their dealings We're rot large enough
TO affect the speculation and the dullness
of American securities on the London Stock
Exchange rather discouraged operations on
the New York board. Sugar, which was
most prominent in the transactions, was OF
fered freely in the early dealings, but found
ready buyers. During the day, however,
the sellers became far more numerous than
the buyers and the stock gave way under
pressure The selling was attributed to
dissatisfaction with the report of the Trust
fled in Massachusetts which, it is said,
is ,e only statement to be made public The
stock receded rs in the opening trading,
rose q, fell off ia, closing about the lowest
and 1$s down on the day. There were
it is believed, were for the new interests
I'm the stock, but there was plenty of stock
IN IaA haH md f~11 of
per cent, there was a reaction of IS, with
a final rally of u per cent, leaving. a net
opened Il lower, but on purchases induced
by renewal of the report of the negotia-
tnghouse people the stock rose p per cent.
Sales by Boston caused break of 1 per
at the love- o fiarre This buvine nut the
stock Up again, the Improvement being
nsce nad REACTION tb a Of e per cent i took 1
reported conferences between committees
Ct Genti al Electric and westinghouse com,
panies the fact is while committees were
appointed by these corporations to nego>
tiate for the maintenance of prices. etc,
no meeting of these committees has been
held and they are no nearer to the de-
sired end than they We're when appointed
fairly well held during the mcrning, but
in the afternoon there was a general de-
P peSsl9n ana o most shares traded IN
steadyng itself at the close.
The principal losses are: WilkesbaTre. &
line collateral fives, "a; Galveston, Houston
& Henderson fivess IS per cent; ST. Paul.
Toledo & Ann Arbcr first trust receipts, 81
Arm ArLcr trrEk first receipts. AZ.
Trading in bonds during the day was
moderate with a decided heayinesS to the
speculative issues. There were material
charges either way in the inactive securi-
ties. the trading in which was quite general
The sales for the day were 81 1886, Co., in
which Texas & Pacific seconds figured for
1880
Government bonds were firm. State bonds
were inactive.
The following table, prepared by James E.
Berry Room is, Board of Trade. shows the
range of quotations: