The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-22

made at l12. closing offered at li2.
Prime mercantile paper 4Q5 per cent
Sterling exchange was firm but duh, with
actual business in bankers bills at A.s9ss
dl4S9h for demand; s4.ssssq4 ssh for sixty
days posted rates. s4.SshG4.S94 and $3.50
@490iz; commercial bills. A.s7lkn4S7s4.
Silver certificates. 66ssds7i1c; no sales; bar
silver, 6eHc; Mexican dollars, sic. Bar sill
YER at London was 30Md per ounce.
The weekly statement shows the follow
ing changes:
Reserve, increase ...................$4,s42 zoo
Loans. decrease ...-..-.-.....- sud' o o0o
Specie, increase ACKNOWLEDGEMENTS. l,zoOo SUI
Legal tenders, increase ....-....-.... 5,Oeu,OV0
Deposits, increase. ..-...........-.-- o,o51, ovv
Circulation, increase ................ '3'W
The banks now ho.d Sla,G6i975 in excess
or the requirements OF the % per cent. rule.
The exports OF specie from the port Of
New York for the week amounted to $7l4,-
47s in gold and SSi3,0S2 in silver. The inn
ports for the week were gold, S7Sl,5s2; sill
YER Sl5,52i: dry goods, $3.50 ,272; general
merchandise. sS,il77s5.
Total sales of stocks yesterday were 49,
233 shares Including: American Cotton Oil,
100; American Sugar, 2i,200; Burlington,
1900: Chesapeake 4 Ohio. $500; Chicago
Gas, 3.10o; Distilling certificates, $500; Cen
eral Electric, 200; Iowa Central, $500;
Louisville & Nashville 1900; Louisville,
New Albany & Chicago preferred. 1000;
National Lead, 100; Northwestern, 400;
Reading, 1900; Rock Island, 200; st. Paul,
12,50o; Wabash preferred. 1900
The stock market opened quiet Saturday
and a shade below Fridays closing prices.
During the first fifteen minutes the tenden-
cy OF the active list was III the direction or
lower figures. The specialties dealt in at
this time were on the contrary quite strong
and recorded advances. Gradually the en-
tire market gained strength. The volume
Of business Was before ths
in a sharp rise, and speculation closed de-
cidedly buoyPnt in lne Many of the
week. in the final dealings, notably the
grangers, which were in brisk buying, and
made gains on the day Of 3f@]s per per Ger cent
and closing Al fridays final price; Louis
per cent: The stock reacted u per cent. in
the final dealings. Other advances on the
oho sss iowa Central
and Cotton Oil preferred, per cent; Kan
sas & Texas preferred IA Norfolk & West
IA per cent. A few shares show declines
OF 1s@5s per cent
The trading. throughout. the week was
characterized by considerable strength and
animation. with very wide distribution
of business Speculation was stimulated
by the favorable reception accorded to
President Cleyeland's view Of the financial
question, by strength q wheat, cotton.
trade reports. showing revival of business
throughout the country generally. brisk
commission houses reported large in
crease of orders, principally from the West.
trio were rapidly recovered and subsequent
X both properties touched higher figures
cations were in evidence at periods. but
the reactions caused thereby as a rule
were slight and fun rallies quickly fol
touched in SevenIy-five stocks and from
the low point reached after January first,
per cent Sugar. acls: Manhattan y 15.s z
and Tobacco 15la. The Improvement in
tions ranges up to 12lA per cent, the latter
in Tennessee coal and iron preferred, the
s N Do moving ae sp per esnt srgar
up to loI, mainly on the resump-
gave color to the oft repeated rumor that
insiders. were increasing their holdings. The
3 per cent, the preferred making similar
Improvement. Manhattan was notably
strong and ndca from M to M The
price fell to III. part of the reaction being
recovered. making the net advance Az per
with gain of rs per cent. realizing sales
sent the figures down to 74ss. a loss of
touched 70. closing at 77a4 ex dividend.
Pullman was sold up from 157 to 165. The
granger shares made substantial advances.
"a,
the latter in New Jersey Central With
but few unimportant exceptions prices
show an appreciation in values on the week
the more notable advances being Rio
Grande Western preferred, per cent; st.
Paul & Omaha preferred and Toledo & Ohio
Central, s.; Canada Pacific, 51a; Cotton Oil
trai. 4 Lake Erie. Western ste, sss; Lake lake
Erie preferred. 3ss. Declines-Cedar Falls
& Minnesota, per cent. and Buffalo, Roch-
ester g Pittsburg. per cent. The total
CO. los Cf he va aIr xxar oh roS u,,l
154 stocks were traded in
Speculation In bonds was active but err
the close. however, there was a general
upward movement. and the market closed
sipai s advances van we're: Toledo Peoria a a''i
Western firsts, per cent, and Louisville
8 Now Albany consols, 2. The bond mar
strong. and there were heavy purchases of
all classes of securities for home and for
covered d wide range. 2s5 issues being dealt
in. The more marked appropriations are in
inactive bonds, but the Speculative issues
Cleveland a sPittsbusg four-snd-a -halfs,
Series. 4. 1919 per cent; Union Pacific sink
ansvlle firsts 5h: Toledo Peoria Il West
crn iirsts, s. The weeks transactions are
C;ovefnment bonds ruled fairly active and
higher. the feature being the sales of the
yet reached. The total sales were $I290OO.
State issues We're dull but generally firm
with sales of $4,000 Virginia centuries; 81 900
Virginia deferred skies, stamped: 5000
Tennessee settlement threes. and 1900 Ala
bamas, Glass A.
silver certificates were quiet and heavy,
with transactions of $4,000 at from 677sc
TO SIC.
The following table. prepared by James E.
Berry Room Is, Board of Trade. shows the
Open High Low Clos.
ing est. est ing.
Adams Express ...... 49,. 49,. .t... 1i3
Alton & Ierre Haute -. So. So
American Express. So. $50. 49,. liz
e