The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-01
ACTIVE AND BUOYANT
rHE TONE TO STOCKS on CHANGE
at THE CLOSE YESTERDAY.
Early In the Day Sugar Was Ham,
mered and Gave way-Loca1 Mar
kets Reviewed for July.

At New York. yesterday. money on cali
was easy at 191is per cent; last loan. per
cent; closed. per cent.
Prime mercantile paper. SAL per cent.
Sterling exchange was strong, with actual
business In bankers bills at si9OA 90iA
for demand. and at s4.ss4a4.ssis for sixty
days; posted rates, s4.ssizd4.90 and sisOl2q
4.91; commercial bills. A.sSlk
Silver certificates. 6s49s6l1c; bar silver.
66lzc asked: Mexican dollars. 53hc-
At London. bar silver, 30l4d per ounce.
Total sales Of stocks were 226.2O0 shares.
including American Sugar. $500: Atchison,
1850: Burlington, 24.500; Chicago Gas, H,1Oo;
Distilling and Cattle Feeding. 5000; Louis
vile & Nashville. 5000; Missouri Pacific,
1850: National Lead. 6.1oe: Northern Pacific,
5000: Reading. 500: Rock Island, 1890; st.
Paul, 1880: Southern railroad preferred,
5000; Tennessee Coal and Iron. 400; Wabash
preferred. $780,; Wheeling & Lake Erie,
$500. .-.. -
There was an increased volume OF bust
ness on the Stock Exchange yesterday, and
the speculation was generally firmer in
town, the result of the trading being an
advance ranging up to "a per cent, in
which the great majority OF the list partici-
pated. Covering OF short contracts was the
main strength or the market. but there was
also good buying on the part OF operators
VINO had taken profits during the past few
days, and who deemed IL opportune
time to speculate for another upward move
ment- The sorts in the grangers were most
Island being a heavy favorite in the later
dealings In the coal shares, Reading and
New Jersey Central alone of the group were
traded In and receded q and y per cent. re-
fpectively, on rumors Of a probable general
strike OF the miners. The foreign houses
were small sellers Of the arbitrage stocks.
lint hrr1t <4rfn
TO affect the market. At the opening of
business prices were generally a fraction
lower, and pressure to sell Sugar was
quickly developed, which sent that stock
down rs A slightly lower level was also
established for the rest of the list. and
speculation for brief period was irregular.
and prices were well held on a small market
until about l o'clock, when active buying
set In. under which the figures continued tc
the last hour Missouri Pacific was very
prominent In the purchasing. large blocks
OF the stock being absorbed at advancing
quotations, the buying being credited to
inside interests. Chicago Gas was also in
good buying for the account of newly
formed bull pool. Lake Shore, on small
recovery e Of IL. Bay State Gas broke per
block. and New York. Chicago St. Louis
Of 800 e active
Abuoyant. the principal gains on the day
rbeing Missouri Pacific, ga; Chicago Gas, 2;
Sugar preferred, IA: Tobacco. III: Rock
Island & Pittsburg and Western preferred.
Ia. and Consolidated Gas. per cent
Bonds were lower in the early dealings.
but gained strength in the late session. and
closed strong. The sales were s.. COS, 000 The
more prominent gains are: Iron Mountain
guaranteed hves. per cent: Cordage firsts.
2; Louisville & Nashville unified fours. rs;
Duluth & Iron Range firsts. ST. Joe &
Grand Island firsts trust receipts and Pan
handle four-and-a-halfs. Series B. III; Pan
handle four-and-a-halfs. Series a, 1; Kan
eas City & Pacific firsts. 1%: Houston &
Texas Central fives and Erie second consols,
stamped. Ia. and Brooklyn city firsts, Den
yer e Rio Grande fours. Oregon Improve
ment firsts, ST. Paul G. & M. fives. and st.
Paul NJ. NJ, Montana Central skies, per
cent Declines: Missouri Pacific collat-
eral ives, per cent?; Morris & Essex
f7rsts ~ and Southern Pacific of Arizona
firsts, and Cincinnati. Dayton Ironton
fives, per cent.
Government bonds were firm. State bonds
s TSe T foiSw sSsS table repated by James
Berry. Room Is. Board Of Trade. shows the