The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-05-09
FIRM AT THE CLOSE
GAINS M LOSSES ABOUT EQUALLY
DIVIDED On SCHANGE.
shorts Bought Freely to Scalp Out
Small Profts-IndfanapOlis Mar
kets Holding Steady.

At New York. yesterday. money on call
was easy at liz per cent; last loan. IL
per cent; closed II. per cent.
Prime mercantile paper. S@ilA per cent.
Sterling exchange was weak with actual
business in bankers bills at &.SSHni.SSA
for demand and at A~.S71zn4.s7s4 for sixty
days: posted rates. $4S7i4ai.S9 and Si.S9q
40; commercial bills. $4.ssA.
Silver certificates. 674a6134c; bar silver.
sc; Mexican dollars. 52Ac. Bar silver at
London was 30Ssd per ounce.
Total sales of stocks were 49, DO shares,
including: American Sugar. 81. 200; American
Tobacco. $500: .Atchison. IL 1860; Burlington,
13.6o0; Canada Southern. $40: Chesapeake
& Ohio. 1880: Chicago & Eastern Illinois.
1900; Chicago Gas. 800; Distilling and Cat
tie certificates. 81. 10: General Electrics.
5000; Kansas * Texas preferred, 500;
Louisville AZ Nashville. 300: Louisville,
New Albany & Chicago. ex. rights. 400;
Missouri Pacific, 10, 100; National Lead Com
pany. $500; Northern Pacific preferred. $500;
Northwest, $500: Pacific Mail, 10.9oO; Pitts
burg. Chicago. Cincinnati & ST. Louis, 800:
Reading. 800; Rock Island. 1880; st. Louis
& Western, $500; st. Louis & Western pre-
ferred. $500; St. Paul. 300: Texas Pa
cific. 1920; United States Leather. II. 200;
Wabash preferred. $500: Western Union.
AosFVs NHttil1S ~ LAKE Erie, l,Ub.
Trading on the Stock Exchange, yesterday,
was unusually heavy. but the speculation
was more unsettled than for some time
past. Although the first prices made were
generally higher, the market soon lost it's
strength, sugar and the granger shares
showing most weakness. The reactionary
tendency was due to sales made to realize
some oil the profits of the advance which
nas been participated in by nearly every
STOCK on the list. There was some little
selling for the short account. but the bear
operators were quick to cover on indica-
tons OF a rally. Reactions and rallies
followed each other in quick succession
and at noon the dealings had assumed a
steady tone, gradually becoming strong and
continuing to advance during the two hours
following midday. After delivery hour there
was a renewal of the realiZations and under
the leadership of the grangers and Sugar
close. the market being decidedly weak at
the close. Compared with Tuesdays clos
ing figures. the last quotations made yes
tcrday are about evenly oIvIued between
gain and loss, with perhaps a preponderance
on the credit side of the account. The
preferred. Az per cent; Erie Telegram and
Chicago & Eastern Illinois. 1S: Chicago &
Eastern Illinois preferred. and Pittsburg.
Cincinnati, Chicago & St. Louis preferred,
Ia; Norfolk K Western preferred. lis. and
D fsrrdd , Mie adG; 1 Gent dsd,, and Erie pre-
n fraction are Pullman, Rock Island, Min
neapoiis * st. Louis preferred. l per cent:
Burlington. Susquehanna & Western pre-
ferred. and Minnesota * St. Louis COM
mon. 1ls; Sugar. Northwest and Leather
preferred. Ia; Canada Pacific. 2, and Colora-
do Coal, 2s per cent.
The bond speculation was buoyant and
intensely animated, the sales aggregating
81, 10000, of which 81. 1863. 600 were Northern
Pacific issues and $7S9. 900 Texas & Pacific
bonds. The dealings covered a wide range
OF securities and mortgages registered lib
eral advances. The arbitrage houses were
conspicuous purchasers of the International
mortgages. The most important gains are:
Union Pacific gold SKIES stamped. 4 per
cent: Union Pacific sinking fund, Fights,
ia; Peoria. Decatur q Evansville seconds.
$40: Louisville. Evansville & St.
Louis. Sciota Valley and New En-
gland tours. Iowa Central firsts and
Lake Erie & Western frsts, IL;
Ohio Southern firsts and Northern Pacific
seconds, la; Northern Pacific thirds, 2ia:
Northern Pacific collateral trust skies and
Northern Pacific conSols fives, 2. and North
ern Pacific trust receipts. Chesapeake &
Ohio four-and-a-halfs. and st. Joseph &
Grand Island incomes. Texas Pacific pre-
ferred. Atchison. Colorado q Pacific frsts.
Equitable Gas of Chicago fives and Ohio
4 Mississippi eonsols sinking funds. / per
brought 81 against S6iS. the previous sale.
Declines were recorded in Milwaukee,. Lake
Shore & Western extended fves OF 10 per
cent and Hooking Valley skies OF IL per
cent.
Government bonds were strong. State
bonds were quiet.
The following table. prepared by James e.
Berry. Room is. Board Of Trade. shows the
K2nUa nf nNIO