The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-06-26
THE TRADING QUIET
STOCKS ON NEW YORK ,CHANGE
TENDING TO III FIGURES.
Keen Inquiry for Several of the
Western Bond Issucs-Local Mar
kets Firm and Steady.

At New York. yesterday. money on call
was easy ar 1q2 per cent; last loan. IL;
closed at 1G1h02 per cent.
Prime mercantile paper, 21zG31k per cent
Sterling exchange was easier. with actual
business IN bankers bills at A.S3a4SJ4 for
demand and at ~S.SS1z04.Ss4 for sixty days;
posted rates. &.S944.S91z and A.9Odi.5OA;
commercial bills. SI87%-
Silver certificates. 6SBG6SMc; bar silver.
66hc; Mexican dollars, SIC. It London bar
silver was sO1sd per ounce.
Total sales of stocks were 226,95S shares,
including: American Sugar, S6,20O; Amer
lean Tobacco. $500: Burlington, 6.70O; Chi
cago Gas, 90, AGO.; Distillers, 2O,1O0; General
Electric. $500: Kansas & Texas, 4.Soo: Kan
sas & Texas preferred, 10000; Louisville &
Nashville, $500; st. Paul. 1890; Tennessee
Coal and Iron. 1900; United States Leather.
400; Wheeling & Lake Erie, $500.
The trading at the opening of the bust
ness on the Stock Exchange, yesterday,
was OF moderate proportions and prices
were greatly higher. That the manipu-
lators OF New England still have a firm
grasp on the speculation in this stock was
evinced by a rise in the opening sale OF
IL per cent. some LOO shares changing
hands at this figure. subsequently the
stock moved in an erratic course, a drop
being made to 80. with a rally TO 51&4 and
a reaction to 1874 at the close, making a
net loss on the day or li2 per cent. The
veto by the Governor of illinois of the
Lowenthal frontage Dill, a measure pushed
in the interest OF the Chicago Gas Trust,
screwed TO discourage holders OF the stock.
The opening sale was at 721z. a loss of ~
per cent, but a rally was quickly made or
i per cent. In the last hour the bear
stock, which sold down ia per cent. to
70ss. with a final recovery 10 Il, the stock
closing for the day with a loss OF 2 per
cent. Sugar was largely dealt in, and was
manipulated By the inside clique. The
stock opened unchanged at 113i4, advanced
rest of the market presented but few fea-
lures of interest The grangerS and others
wore along. and. despite some realizations.
the greater part of the list shows a frac-
tional gain on the day. Kansas & Texas
was a feature OF the trading. the common
advancing IA and the preferred 1ss. a small
fraction of the improvement being subse-
quently lost. Speculation was irregular at
the close. the principal changes on the day
being: .Advances-C., c., c. & st. l., Pacific
Mail and Lake Erie & Western preferred.
rs per cent. Declines-st. Paul preferred
and Illinois Central, 1 per cent.
The trading in bonds was OF but moder-
ate volume, and there was a keen inquiry
for Kansas & Texas seconds. the sales of
which were 1894. 900, out of a total for the
day of 81. Sy7. 900. This issue scored a gain
of Ia per cent. to 6212- The net results dis
Close duEalcfS SeHCIdhN, the HOIe lH-
portant of which are: Oregon Short Line
consul fves, AZ per cent; Cordage frsts.
2is; General Electric debenture fves. ~:
Chesapeake & Ohio firsts of 1911, Northern
Pacific thirds and Union Pacific gold, each
/ per cent. Declines-Susquehanna & West
ern general fives, 2 per cent; Northwest
gold sevens. ~; Kansas Pacific consols.
and Northern Pacific & Montana firsts.
! per cent.
Government bonds were firm. State bonds
were dull.
The following table, prepared by James e.
Berry, Room 16. Board of Trade. shows the
range of quotations: