The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-09-27
TRADING ON CHANGE
PROFESSIONALS DISTURBED by
PROSPECT or GOLD SHIPMENTS.
Quantity al Bull News Reported
Withont InBu~nce-LoeaI Markets.
Firm and Unchanged.

At New York yesterday money on call
was easy at ld2 per cent; last loan,
Ia. closed ~
Prime mercantile paper. f75 per. cent.
Sterling exchange was weak. with actual
business in bankers bills at si.sslzq4.Ssss
for demand and sfs7ssG4.s74 for sixty
days; posted rates. s4ssG4s9 and si.s9d49o;
commercial bills. 4s7
Silver certificates. s7ae75sc; bar silver.
$3.50: Mexican dollars 5sAc At London.
bar silver 30 s-lsd per ounce
Total sales Of stocks were 25l. 236 shares,
including: American Sugar. $500: American
Tobacco. p. 900: Atchison. third assessment
paid. $500; Burlington. $500; Chicago Gas.
1850: Distilling 51.400: Pacific Mail, $500;
Reading. fo.ioo: Rock Island. 700; ST. Paul.
1900; Tennessee Coal and Iron, 1880:
Wheeling & Lake Erie, 800
The speculation in stocks yesterday was
narrow and even more strictly professional
in character than usual recently The
street apparently was more interested in the
probability or improbability OF further
exports OF gold from this country
40 Germany than In the excellent
report Of the 81. Paul railroad for
August. the weaker tendency OF the ex-
change market. the large investment
demand fer our securities here
and in Europe. the Improvement
in the anthracite coal trade and
the successive advances in foreign and
domestic sugars reported daily. London
titade towards our stock market. and Erie
new prior lien four per cent bonds were
quoted there In good request, when deliy-
cred. at 101. London also bought some
stocks in the New York market. The open
Ing was fairly active. with the initial sales
generally at slight advances. The early
gains were most marked In the industrals,
notably in Chicago Gas which rose one
per cent. downward tendency soon be-
came evident and in Distihng marked
pressure was a feature Chicago Gas was
also hammered The first mentioned lost
lis on the reports OF an unfriendly term.na-
tion of yesterdays harmonizing conference
Sa Gas lost lost slightly. No definite ex,
BY the traders who were In practical con-
troll of price making for the day. The
losses IN the general market were confined
to fractions. The coalers came into prom
inence after II o'clock on rumors OF a
probable further advance In anthracite
tidewater prices in sympathy with the
advance 10 the - net per ton rate at the
West ordered Wednesday. The group dis
played considerable strength New Jersey
Central and Delaware & Hudson advanced
IL per cent, SuSquehanna Western pre-
ferred. l. and Reading. =. Lackawanna.
sineulariy, did not respond TO the i'm
provement and actually scored a slight
fractional loss. The volume OF business in
the group. aside from Reading, which came
second 10 the entire list in this respect, was
only moderate. The strength evinced. how
ever, had a stimulating influence on the
general list. which was increased by the
St. Paul statement for August, showing
gain OF $169.908 In gross and OF Sl96.7i2 in
net. Tobacco advanced 1ss and ST. Paul
and Disfilling per cent. The bears made
another drive after .. m and forced a
general reaction, which was increased by
realizing sales. Tobacco and Pacific Mail
lost Ia and Sugar and Chicago Gas, rs.
The selling pressure was exhausted around
delivery hour and the close was steady
Bonds were strong and active 81. Paul
consol sinking fund fives gained 3 per
cent; Louisville & New Albany consols. IL;
Erie seconds consols, stamped. lis, and
Alton & Terre Haute firsts. chesapeake &
Ohio. r. & A. first consols, Chicago & Erie
frsts. Toledo & Ann Arbor firsts, trust re-
ceipts. and Reading fours, 1 per cent: To-
ledo & Ann Arbor firsts. trust receipts.
unstamped. 215: Toledo & Ann Arbor first
incomes. Ia: Toledo & Ann Arbor seconds.
]. and Toledo & Ann Arbor thirds, rs per
cent. The sales were s.. 900.
Government bonds were firm. State
bonds were inactive.
The following table. prepared by James r.
Berry. Room is. Board OF Trade. shows the
range OF quotations.