The Indianapolis journal., 1895-08-25

ASSS40490 for demand and $4.SSz.G4S9 for
sixty days; posted rates. si.SelzalsO. and
Asol<nf.9l; commercial bills. Si.sS.
Silver certificates. $4,000 sold at SIC: bar
silver, 6ss.c; Mexican dollars, 5SAc At
London bar silver was so 7-l6d per ounce
The weekly statement of the associated
banks shows the following changes:
HeseTVe' decrease 81. 200 200
Loans. increase. se....................... 257 800
Specie. increase. ase........... SO 200
deposits, decrease. 5, ,6SS 500
circulation, Increase. $500
The banks now hold s7.56ss75 in excess
Of the requirement Of the 25 per cent. rule.
The exports of specie from the port OF
New York for the week amounted to Si,4Is,-
200 in gold and 1881 .O2S in silver The i'm
ports We're: Gold. s961,f1; silver. sie.71s;
dry goods, 2,2sSi; general merchandise,
C.J17,l17.
Total sales of stocks were $3.50 shares,
including: American Sugar. $780, American
Tobacco, $500; Atchison, 400; Burlington,
500; Chicago Gas. 4.sOO; Louisville & Nash
vile. 200; Northern Pacific preferred. 1890;
Northwest. $500; Rock Island, 5000; st.
Paul. 1890; Silver Certificates. 10000:
Cpated States Cordage. 5000.
The share speculation was dull. even for
a Saturday. the only animation being in the
grangers. Northern Pacific preferred, To-
bacco and Sugar. Trading was almost en-
urely of a professional character. and was
IA the nature of a closing-out Of contracts
q settle the accounts of the week. The
grangers were favorably influenced by the
good crop news. increased grain exports.
but the appreciation therein did not exceed
2. per cent. A selling movement of small
proportions was developed in Northern Pa
cific preferred by reason OF the legal pro-
ceedings instituted to restrain the putting
into effect of the Great Northern Railway
Companys guarantee in connection with
the proposed formation OF a new corpora
ton 10 operate the two roads. The stock OF
with a anal recovery of The rest of the
railroads traded in shows fractional gains
on the day. except that Lake Ere & West
per cent New England III and Pullman /
per cent. Cordage shares were strong aad
net advances were made OF IA In the COM
guaranteed. all second assessment paid. AMI
Ia in the old common stock. Tobacco iuc-
tuated between 97h and 1884, closing at 9ois,
a gain of X per cent. Sugar closed at less
of y per cent. from last night. The market
closed strong and generally near the high
points of the day.
The weeks speculation shows an in
creased volume of business Trading in the
fndustrials was marked by fever.shness To-
bacco. Sugar and Chicago Gas being most
prominent in the transactions. In the ear
lier dealings Tobacco made a break OF l2ls
per cent. under the influence of .manipua-
tion of a bear clique, which flooded the
street with reports OF 2 threatening o2po-
sition to the trust. The preferred stock
broke l per cent, TO 105. and closed at l0S
lions affecting the American Sugar Rein
ing Company and the reduction in prices
of the company product rendered the stock
vulnerable 10 bear attack, under which a
recession of ~ per cent was made, fol-
lowed by rally. the last sale being pa per
cent. above the lowest. but AZ per cent.
below the closing of last evening. The bull
pool in Chicago Gas forced the price up 1
Per cent. to 63ss. Realizing sales caused .
decline to 59l2. Renewed buying toward
the close brought rally to 62%4. The rail-
way list was influenced by the speculation
crops induced buying OF the Changers and
other railway stocks. resulting in higher
prices, the Granger group. except Burling-
ton. reaching the highest point of the year.
The selling movement OF last week in Lake
Erie < Western was resumed. the common
declining lis and the preferred 312 per cent,
due TO the purchase of the Northern Ohio
railroad. Rumors were current of con-
templated adjustment of the anthracite coal
ss roads differences; ,os and New Jersey Central
year. The reports proved to be without
foundation, and all but / per cent. of the
gain was lost. The Minnesota & ST. Louis
shares showed marked strength on i'm
proved traffic returns. particularly the Sec
ond preferred. which advanced AZ per cent.
closed with a confident tone 10 speculation
The total sales were 1893 900 shares.
The bond market Saturday was strong
and active. the sales aggregating 81 229 O0O
Advances were made OF 81 per- cent in
Rock Island first registered, 2 in Iron
Mountain guaranteed fives. 2i2 in Atchison
adjustment fours when issued, and / in
Erie second consols stamped. Cordage firsts
and Northwest gold sevens registered
During the week the market was active
and strong with numerous material ap-
preciations in the active mortgages. Trad
ing in the active list was marked by the
buoyancy of Oregon Short line consol fives,
and Oregon Short Line trust receipts,
which rose s and AS per cent. respectively.
The total sales were S.. $4,000
Government bonds were quiet. but strong
with sales of $65, 600. State bonds were
dormant the transactions embracing but
s21 coo in Tennessee threes and $4,000 vir-
ginia centuries. The speculation in silver
certificates was confined TO sales OF $4,000
at 6o@&c and &C
The following table. prepared by James F.
Berry. Room Is. Board OF Trade. shows the
range Of quotations: