The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-04


6sssc: Mexican dollars, 53Ac. AT London,
bar silver was 30 5-16d per ounce.
The weekly bank statement shows the
following changes:
Reserve. decrease s.. 079 400
Loans. increase NORTHUMBERLAND. 3, l5l 600
Legal tenders, decrease. 416 400
deposits, increase ......-..........-.- 1881 coo
Circulation. Increase. 46O0
The exports OF specie from the port Of
New York for the week amounted to
x.5SS.4oo In gold and s752s45 in silver. The
imports were gold slH.6sO; silver. s15.44s;
dry goods. sS.l5o.72e; general merchandise,
$60e0,1Os.
The banks now hold s4O,sl7.15O in excess
o. the requirements Of the % per cent rule
The three European steamers which
sailed to-day carried with them total OF
N.536.4Oo in gold, divided as follows: Saale,
S.S56,ooo; La Bourgogne. s116,4OG; Aurania,
10000
Total sales of stocks Saturday were 11O.477
shares. including: American Sugar, 1890;
Burlington.6.500; Canada Southern, 300: Chi
cago Gas. $500; Distillers'. $500: Erie, 1900:
Louisville Nashville. 1900; Missouri Pa
cific, $500: Rock Island, 100; ST. Paul, $500;
United States Cordage, 1900: Wheeling &
Lake Erie. 1s00.
The tendency of speculation Saturday was
In the direction Of higher prices. Reflection
over night seemed TO have changed the cur
rent OF opinion regarding the speculative
situation so Tar as II may be governed by
the expectation OF gold and Fridays en-
gagements were not viewel with any alarm,
N view of the now Observation-Disclosures fact
that the bond syndicate has sources Of sup
ply OF which they can draw 10 reimburse
the treasury for any losses of the gold re-
serve 1und due TO shipments to Europe.
The opening prices were practically un-
changed but bear raid on Sugar in the
early e;o dealings sent the the stock down frae-
and Sugar quickly sold up to lis, which is
la per cent. above Friday nights closing,
with final reaction of Is. leaving net
prices generally 1s61h per cent above the
closing sales of Friday.
a slight increase over last week, and the
trading was more widely distributed An
dealings. and the market was mainly in the
hands OF the professionals. In the early
operations the grangers displayed marked
strength, and touched the highest figures of
the year, the advance being stimulated by
favorable crop advices. Later in the week
less encouraging reports of the wheat and
corn crops caused a change of sentiment,
which induced realization and sales for the
were established. A rally was made in the
slight, except that Burlington is down L
A very large business was done in Sugar.
which was moved solely by clique manipu-
ldtlOn. Inc NanderDllt and Gould STOCKS
were bought on the strength OF expected
maintenance OF rates under the trunk-line
agreement and the anticipated large grain
crops. The Cordage shares made material
gains on the announcement that the plan of
reorganization OF the Waterbury committee
was declared operative, and that majority
OF the bonds and the greater part of the
stocks have been deposited with the COM
mtttee. On the rise there was some profit
taking. which brought about q reaction,
but the shares closed per cent. higher for
guaranteed. IL for the preferred and 3. for
the common. The announcement by the
management of the United States Leather
Company that a new issue of stock TO the
amount of 5000 Oc0 was to be made excited
an unfavorable influence on the preferred
stock OF eHcompany, which had advanced
! per cent, and which broke 3 per cent. to
s., recovering IL per cent. in the final deaf
ings. The week closed with prices general
~ higher. The total sales were !. z52, 600
shares.
The bond market to-day was quiet but
firm in tone, the sales aggregating $3.50. 900.
Chicago & Eastern Illinois consols adj
vanced IL. and Louisville & New Albany ]
per cent The bond market for the week
moderately active and generally
strong, the total sales being 81, So. 600.
Government bonds were quiet and slightly
easier with sales OF 81, 600. State issues
were dormant. the sales being only s41 900.
The only sales OF silver certificates was
$50 coo, at CO.'S.
The folowIns table prepared by James E.
Berry, Room is, Board of Trade, shows the
range of quotations.