The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-03

GLOWING changes:
Reserve, decrease -.................$4 Sal, 76S, 22S
Specie decrease Observation-Disclosures. 4S44, 200
Legal tenders, increase. .............. 3,0462o0
Deposits, decrease .................... 119, 100
Circulation. Increase ................. lo3,900
The banks now hold SIS, 054, 500 in excess of
the requirements of the 25-Per-cent rule.
n The exports of specie from the port of
New York for the week amounted to $4,000
in gold and $633.74s in silver. The imports
at the port of New York for the week were:
Gold, s4,sss.9ss; silver s2453S; dry goods, 49,
0s7, 914; general merchandise. $S.212,s50.
Total sales of stocks Saturday were $3.50
shares, including: American Sugar, 1880;
Burlington, 1000; Chicago Gas, 1900, Distili-
ing 20. 100; General Electric, 400; Louisville
e. Nashville. $500; New Jersey Central, a.
200; Northwest 1900; Rock Island, 1900; st.
Paul. 1000.
The stock market was weak throughout
the two hours of business, Saturday, ex-
cept for Sugar and Distilling and a few
other of the less active industrias. The
weakness of the London market for Amer
lean securities and selling by foreign
houses had perhaps most to do with the
depression, but the advance in sterling
exchange rates was also. prominent fac
tor. or the railway Est Louisville &
Nashville was heaviest. London was the
the shares receded Stop orders were met
which helped the decline and the break
was not. checked until loss Of per
cent had been made; the closing price was
only Il above the lowest. st. Paul sold
down per cent. the last being the lowest
TO cover short contracts. The other gran
gers show declines Of AQ1a per Cent. The
.rop ranged n ne ri
The industrial shares moved irregularly.
Sugar was bought IN moderate aar amounts to
also in good demand, making a gain of Z
party. closing X below the best Lead and
Leather preferred each apprecia ted per
per cent. by Boston houses, regaining q
in the final trading. United States Cord
age se per cent on the sale her Of 100
Tobacco Is down Chicago Gas q, and
Consolidated Gss y per cent The market
During last week the market as rule
was heavy and the, active list, with but few
pared with the final quotations of last
Saturday. At the opening of the week the
passing the dividend on the common IS stock *
led to selling of the shares here and i'm
London and caused a nrop Of 81 per cent.
10 Al. Subsequent covering by the shorts
brought the figures up to 44A, but there
was later reaction and the final sale of
London was q notable factor in the weak
ness Of speculation. .Twenty-nine shares
Ian. l. The Vanderbilt properties were
taken i'm hand in turns by the bear traders
and Ia ham inner down New York ,, Central
received considerable attention, which was
most marked In Missouri Pacific, the stock
being Sent-down 1es to 1884, of which only
ID per cent was reganed The action of
the Chicago Board of Aldermen In granting
renewed hostility of Encouragement Ma
Lonely brought about bearsh feeling in
from SIX 70 TX mainly on N iiaudatio onoe of
foreign accounts. The coal shares were
depressed during The early. traa.ng to the
extent of 4ia per cent In Susquehanna &
trial and q in Lackawanna The agree
output brought about subsequent rally.
and the closing prices show only fractional
ses Central Inc deelaration Of of dividend lend
of ] per cent on United States Leather
Fos sssu,s e. ea aecss o from
So TO IS and the common stock fell in sym
pathy from 81 to Z. Tobacco was sold at
closing dealings at slA The net gain is
3 per cent. Baltimore & Ohio was sold down
from 62ha TO 557s. mainly on rumors to the
effect that the company would find it diff
cult to meet its March disbursements. An
covery to 57ss. part of which was lost. and
the break on the week is 51s per cent. The
granger shares We're under continuous pres
sure, particularly Northwest. which lost 3
PEI cent. rallying only IS The net declines
in the rest Of the group ranged from * to
notable changes on the week: Declines
North Pacific preferred. per cent: Mich
igan Central, ga Illinois Central, 21s; Gem
eral Electric, rs, and National Starch sec
onds. gas. Advances-Cotton oil, 2Ia North
west preferred, 3. and Adams Express, AZ
The sales OF the week aggregated $50 800
shares.
The bond market Saturday was quiet. and
the majority of the sales were at lower
figures The total transactions were $685.
060 During the week the market was duh
and generally heavy, and in the inactive
mortgages there were some notable recess
siors to wit: Detroit, Bay City & AIpena
ffrsts 10 per cent, Northern Pacific collat-
erai trust sizes. 7; Lehigh Valley Coal fives
81: Erie second consol trust receipts. sss
and Ohio Southern fours and Wabash Sec
onSs q Adyances--Cordage firsts, e7a per
cent: Cincinnati & Springfield seyens. f.
ard Long Dock skies. 8. The sales OF the
week were $410300 Sales OF large amounts
Of the new government tours we're made at