The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-12-06
STOCKS ARE LOWER
NEW YORK MARKET ADVERSELY
AFFECTED ny VARIOUS RUMoRs.
Spectators Again Worried Over Pros
pectfve Shipments Of GoId-CoId
Weather Helping Local Trade.

At New York yesterday money on call
was easy at 2G2ia per cent. the last loan
being made at q closing offered at 21t21s.
Prime mercantile paper, 4l5ia per cent.
Sterling exchange was firm, with actual
business In bankers bills at a. SEA s9A for
demand and sS3494.sS for sixty days;
posted rates. N.sSiz@Is9 and s4s9lzq49o;
commercial bills. $.s6si.
Bar silver. SIC. Silver certificates. 67A@
e7lzc- At London bar silver closed at
30 11-16d-
The total sales OF stocks on the New York
Exchange yesterday were pa. 500 shares in
GLIDING the following: American Sugar,
65.100; American Tobacco, sc, 200; Atchlson,
400; Burlington. 1850; Louisville & Nash
Vile, 1850; Manhattan, 1890; Pacific Mail.
$500; Reading. 10000; Rock Island. 400;
United States Leather preferred 300; Wa
bash preferred. 800: Western Union, $500.
Speculation opened active and weak yes
terday, with fractional declines generally
except in Sugar. which was in demand in
anticipation OF the declaration later in the
day OF the regular quarterly dividend. Peo-
pie who are well informed as to the legal
aspects or the proceedings against the COM
PAM In New York State believe that they
witbe inenectual subsequently,, on free
dropped a ffaction below Yesterdays clos clos
Ing The volume Of business in IL. though
less than Wednesday, made up nearly
Set The nai s prices showee slight m net
change. Tobacco came next in extent OF
business and commanded considerable in
manipulators appeared. to have completely
Withdrawn support. At intervals insig-
nifcant rallies occurred. but were met with
fresh offerings OF stock. The extreme de-
cline was q per cent, and the close was
near the lowest. A raid on Leather pre-
awsy list n the srGP Shares
displayed especial heaviness on foreign sell
Ing OF Chesapeake & Ohio. Denver & Rio
u uisyille q Nashville. The depression In
the general market was variously due
gold on Saturday. as bills against gold were
about all that appeared In the exchange
market. Apprehension OF renewed dis
cussions also had weight and. together with
the European selling, induced liquidation
The opportunities to depress prices were I'm
ana especially in the industriais
tTbere was little interest in the afternoon
trading; Business was light and. aside
Leather preferred, there were no move
ments OF consequence. The announcement
OF the restoration OF Chicago & Northwest
ern common to 5 per cent. annual divi-
dend basis, which was rightly regarded by
conservatives as an event of the
Importance. fell almost completely fat. In
former markets the news would have caused
a perfect stampede of the bears. The Incl
dent illustrates the narrow and professional
character OF the present stock market The
market left Off dull and steady at general
losses as a result OF the days operations.
The railway bond market was decidedly
weak in tone. Business was only moderate,
the sales aggregating N,3S0.000 The more
Texas Central debenture skies, "a: Louis
vile & Nashville, p. & A. Division firsts and
Toledo, Peoria a Western firsts, 2. The i'm
portant advances were in Cincinnati Ham
hton & Dayton four-and-a-halfs, 2;
Louisville & Nashville unified tours. la
Colorado Midland firsts, trust receipts, IA,
and Chesapeake * Ohio, II. & A. Division
second consols, per cent
Government bonds, new fours. registered
others steady. State bonds were inactive.
The following table. prepared by James K.
Berry. Room Is. Board OF Trade. shows the
range OF quotations: