The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-20
DEMAND FOR STOCKS
FOREIGNERS ID LIVELY FOR
AMERICAN SECURITIES.
Prices on an Upturn. with "a Strong
Teadency-Local Markets Run
ming satisfactorily.

At New York yesterday money on cali
was easy at 2921a per cent. last loan being
made at 2 per cent, closing 2 per cent.
Prime mercantile paper. 495l2 per cent.
Sterling exchange was steady. with actual
business in bankers bills at s~4.s9hd4.s94
for demand and s4s77sg4s8 for sixty days;
posted rate. $4.SS14n4.sO.
Silver certificates, 64c; sales, $4,000; bar
silver. 62sc; Mexican dollars, 50c.
Total sales of stocks were Z75.237 shares,
including: American Sugar, 1900; Ameri-
can Tobacco. 1850; Atchison, 900; Burling-
ton, 1900; Chesapeake & Ohio. $500; Chica-
go Gas. 1850; Distilling. $500; General Elec-
trio, 1860; Louisville 81 Nashville. 16, 800;
New Jersey Central. 12.100; New York Cen
trail. 1900; New York & New England. third
assessment paid. 1850; North American, g.
600; Reading. 400; Rock Island, 300; st.
Paul q, 400; Western Union Telegraph, 500;
Wheeling & Lake Erie, 300.
The share speculation Tuesday was but
little less active than on Monday and again
were the dealings distributed very widely
over the list. The market for American Sc
curities in London was in good tone, and
foreigners were buyers of almost all inter-
national stocks in the American market.
Thus the trading opened under very auspi-
cious circumstances, and the trend of
prices was upward throughout the morn
ing, the coal shares and the granger group
being most prominent in the upward move
ment as we'll as in the transactions. After
midday realizing sales caused a reaction
IN which Sugar and Chicago Gas were most
prominent. The heaviness was not of long
duration, and shortly after ! o'clock the
buying movement was resumed and prices
again took an upward turn. The market
became irregular about delivery hour, but
during the last quarter of an hour of buSi-
ness the speculation was again buoyant and
prices continued TO move upward to the
close, the final dealings being decidedly
strong in tone, and at or near the highest
cent, reacted IL and recovered i. To-
bacco gained Ia, receded ia and rallied 70.
bianaat' No moved up sd n and am g, closed sbs at e the
sale being the highest. st. Paul rose q.
receded y and rallied y. Rock Island
wanna advanced IL. fell off y and recov-
cred Is. Delaware & Hudson rose IL and
New Jersey Central improved "a, reacted
rs and rallied "a. The final sale of this
of this year before to-day was 81, on Jan.
Il. Then there was a break to SHE on
Feb; =, a aa,i Yesterday Gt, The the stock stock was ! traded 5nst
yanced Us; reacted, 7s and recovered rs;
q and rallied rs. Cotton Oil rose IL. re-
eeded y and rallied ssc. Cotton on pre-
d dealf in m rseorde sP advances ~; a Most on Of the the da shaf is
Guiding: Chicago & Eastern Illinois, 3;
Wheeling & Lake Erie preferred, Edison
IL wv zatitt @OtCio to Il oCAs
11a; Laclede Gas, 1%; Laclede Gas pre-
ferred, 11s. and Illinois Central, Iowa Cen
trail preferred, Lake Erie e. Western pre-
ferred, Nickel-plate second preferred, New
York Central, New England, Quick Silver
preferred and Toledo & Ann Arbor, l. De-
clines were made in Interior Conduit of rs
and st. Paul & Duluth, l per cent.
The trading in bonds was of enormous
proportions, and the sales reached the un-
usually large total of 81, $4,000. Northern
Pacific consol fves and Southern fives were
the most animated, their respective trans
actions aggregating 1861 600 and $7S7. 900. The
other speculative issues were also heavily
traded in, and the final show material
advances on the day. The inactive mort
cages also exhibited considerable strength.
The principal changes are: Advances
Northern Pacific collateral trust skies, Az;
Northern Pacific threes. 3ia; Northern Pa
cific seconds, 2; Chesapeake & Ohio four
and-a-halfs, :31a; Wabash seconds, 2, Cord
age frsts advanced IL and fell off PA.
Government bonds were strong and high
err. State bonds were inactive.
The following table. prepared by James
T.. Berry, Room 16. Board or Trade, shows
the range Of quotations.: