The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-04
STOCKS MORE ACTIVE
EARLY RAID on THE CHANGERS
LATER ON LARGELY OVERCOME.
Fractional Gains Made i'm the Greater
Part of the share List-Indian
apolis Markets Inactive.

At New York yesterday money on call
was easy at 2@s per cent, the last loan
being made at 2 per cent, closing, per
cent.
Prime mercantile paper, 4a51s per cent.
Sterling exchange was firm. with actual
business in bankers bills at 81. S914p4 S91a
for demand and at s4.SSl4 SSll for sixty
days. posted rates. s4sSis04S9 and $4,000
4.9oW; commercial bills, 'skS14a4S7ts.
ssFer certificates, s5a4cs bid: sales, $50 900;
bar silver, 6sl1c; Mexican dollars, 52c. Bar
silver was 30asd at London.
Total sales Of stocks were 1S3,z28 shares,
Including the following: American Sugar.
$500 American Tobacco, 300: Atchison,
3,9o0.ss Chicago Gas, $500; DistilIing certif-
Gates, 1900; General Electric. 9,2Oos KAN
sas & Texas preferred. 900: Louisville &
Nashville, 800; Manhattan consolidated,
3,o00 New Jersey Central, 300: Reading,
7,40o; ST. PAUL. 500.
The stock market was trihe more ae-
tive yesterday but the general tendency of
speculation was in the direction of lower
values. The publication Of the gross earn
ings for March of the St. Paul and Rock
Island railroads showing heavy decreases
had an unfayorable effect on the trading,
and induced sales of the general list at the
opening. London houses among the
sellers. The depression continued in force
during the first hour, but the declines were
confined to fractions, except i'm Sugar.
which broke 13s per cent. on selling credit
ed to inside interests. and General Electric.
aKbkh lost TX per cent. on sales. in part
10 liquidate a long account and for the short
account. Between II o'clock and noon the
trading was frmer in tone, and fractional
gains were made In the greater part of the
list. In exception to the upward move
mept Canadian on, Gale
due to anticipation of an unfavorable an
nual report; Pittsburg & Western pre-.
ferred, Il New Jersey Central and Norfolk
4 Western, n per cent. In the next hour
the dealings were extremely light, and the
8 per cent. in New York, New Haven &
Hartford, which moved up to 2ol on the
purchase Of one hundred shares. About 1
o'clock Sugar came into good demand, and
sold up 1Sss per cent, Manhattan IL and
other stocks small fraction. The higher
figures made in Sugar brought out consid-
cradle stock. on which it was desired to
res,ted anu bcn ip bs o. he per cent
at the close. General Electric was also
pressed for sale, and receded an additional
lowest point touched Around delivery
hour speculation became strong, Manhattan
making an Improvement of ~ to l1s1a,
stock this year. Erie Telegraph was adj
vanced to 54A per cent. on "a transaction
sale having been at 81 on Feb Feb e. FROM
2:50 to the close of business the market
was heavy, Oregon improvement selling off
2 per cent, Mobile & Ohio IL, New Eng
land rs and the general list 1s@7s per cent.
Among the few gains recorded We're Erie
Telegraph, 9A New York, New Haven &
Hartford 6; Manhattan, 2ss per cent.
There was more animation to the bond
trading, and prices were generally well
maintained until near the close, when there
were material recesslons In some of the
speculative issues. The aggregate sales
were Sl.372000. of which $751; coo were of
Chicago & Northern Pacific firsts trust re-
ceipts and s125,000 were of Union Pacific
and Denver & Gulf firsts. The more no.
table recessions are: Louisville e. Nash
vile, New Orleans & Mobile firsts, 11s;
Louisville & New Albany consols, .; Union
Pacific cola teral trust four-and -a-halfs and
Reading first incomes, ia; Northern Pa
cilc consol fives and General Electric de-
benture fives, per cent Advances-Peoria,
Decatur & Evansville firsts Evansville di-
vision. 3i2 per cent, and Wisconsin Cen
trail frsts, 1is.
Government bonds were steady State
bonds were inactive.
The following table. prepared by James E.
Berry. Room 49, Board of Trade. shows the
- ~fo&t 49,