The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-12-13
LIGHT STOCK SALES

AT New York. yesterday. money on call
was easy at 2a2ta per cent; last loan, ~;
closed, 2k.
Prime mercantile paper, 4G51s per cent.
Sterling exchange was dull. with actual
business in bankers bills at A-ss1za4ssA
for demand. and s4s71g4s7A for sixty
days: posted rates. s4.ssa4s9 and s4s9iz@
40; commercial bills. A.S7. :
Silver certificates, 66z@67hc; bar silver.
Csc: Mexican dollars. 52Ac. At London
bar silver was GOD per ounce.
Total sales OF stocks were 195, s5 shares.
including the following: American Sugar,
x.00o: American Tobacco, 1850: Atchison.
$500: Baltimore & Ohio. 400: Chicago Gas.
500; Distilling, $500; General Electric,
600; Louisville & Nashville, 5000; Missouri
Pacific. $500: New Jersey Central, 500;
Pacific Mail. 500; leading. 1850; st. Paul.
400; Union Pacific, $500; United States
Leather. $500; Western Union, 5000.
The stock market retained the Irregular
tty of movement that has recently charac-.
terized the dealings. There was a point OF
difference. however, in the fact that the
volume Of business was not so exclusively
IN the industrials as heretofore. The specu-
lative movement was interesting and on
q diversity OF influences Baltimore &
Ohio made a further extreme break of
ga per. cent to AZ, and closed at a rally
OF per cent The steady downward course
OF this stock has aroused considerable APP
prehension on the part OF the security
holders, and especially as II has been at
Tended py a variety of persistent bear
clai embarrassment, anu Overcapitaliza-
ton OF branch lines. Officials of the COM
pany make sweeping denials of the rumors.
Another interesting development of an en-
couragfng character was the resumption of
dividends on the preferred stock of the
interval or over two years The news that
the presidents OF the anthracite coal COM
mining at least double the quantity of
coal saiable at profitable rates and had
recommended a % per cent. restriction of
the output, had a logical good effect on the
market. Speculation opened moderately
active and heavy in tone. Prices stiffened
sing tendency soon developed and severe
Iecessions occurred in General Electric,
Louisville & Nashville. Tennessee Coal,
last mentioned scored the greatest de-
cline. Us per cent. The anthracite coal
stocks looked into prominence in the after
noon dealings on the influences above
noted. advances being scored extending to
"a per cent. in New Jersey Central. The
markets along and noteworthy gains were
made Leather preferred rose "a per cent.
over the early low figure. Consumers Gas.
closed at the best Of the day. and at a
gain Of rs per cent Attention has been
msnt in Baltimore & Ohio. The denial of
the stories by President Mayer failed to
cause more than a partial recovery; The
the 1 per cent. dividend on Denver & Rio
Grande perferred was reflected in a gain
of about L per cent. in the stock in the
final dealings. Sugar. on the other hand,
lacked support and lost about as much.
h closing was fairly active and general
1y firm
The railroad bond market was easier in
tone until the late dealings. when a brisk
INQUIRY arose for. Reading issues. The
trading IN these bonds figures for S1.1S5, 600,
out Of a total for the day of ST. 600. And
they recorded material gains, extending in
the first and third preferences to ia per
cent The buoyancy of these bonds helped
the other issues and fractional rallies oc-
CURED in them The more notable declines
were In Union Pacific sinking fund Fights.
A. Wisconsin Central firsts. trust receipts.
lPSt. Joe. & Grand Island firsts, "a; Louis
Vile e. New Albany fives. 1s.
Government bonds were steady. State
bonds were inactive.
The following fable, prepared by James E.
Berry. Room 1. Board OF. Trade, shows the
range OF quotations.: