The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-15


Legal tenders. increase. ...-.......... SO, 100
circulation, Increase. ................. 1850
The banks now hold s14.9 775 in excess of
the requirements of the % per cent. rule.
The exports of specie from the Port Of
New York for the week amounted to siS2.-
zoo in gold and s7ss. 1873 in silver. The inn
ports for the week were: Gold. s2lS,3S9;
silver. s1iss7; dry goods, s3,1s4.1S7; general
merchandise, s7,a7.794.
Total sales of stocks were 71,045 shares,
including the following: American Sugar,
b.eoo; American Tobacco. 5,000 Atchison,
200; Canada Southern 1900; Chicago Gas.
900; DistilIing certificates, 2,1OO; General
Electric, 400; Lake Shore. 1900; Manhat-
tan Consolidated, $500; New York Central.
l,9oo; North American, I,S00 Rock Island.
LOO; st. Paul, 5000; Leather, $500; Leather
preferred, $500
The stock market opened quiet and gem
orally firm Saturday and gradually gained
strength and activity. to moderate degree.
IN upward tendency continued to the close,
except in the late dealings some few shares
made partial reaction. There were a few
unlmportant exceptions to the advancing
movement but tne great majority or the
stocks traded in show gains ON the days
transactions. The vanderbilts were IN good
demand, notably Lake Shore. whicA sold
W, Up ~ per gent, with a nnal reaction OF /
cent, closing at the highest price touched.
Inc Leather shares were especially strong,
common Orner advances on the
Gay are the CHANGERS, .lkQx per cent; Tobac-
New York rs, and Starcn second preferred,
per cent. hooking Valley is, down q per
stocks a smaller fraction The market
closed in good tone.
aafiya f,, rne week the SPECULATION Was less
the opening there was a renewal of ag
rected chiefly against the coal shares The
drive against this group was induced by
the delay in effecting a, settlement of the
trade. rlimors of a reduction in the divi-
dend on New Jersey Central and reports of
which were confirmed later in the week.
The reaction in the coalers ranged up to AIS
sales for the liquidation of an estate ma
terially assisting the retrograde movement.
rate Of dividend on New jersey set Central had
an effect other than expected and a
sslIy w, vas r,.a made ,a, from slss to
part to covering for the short account. The
unfavorable character of the Burlington
like tenor for shorter periods Of other prom
inent roads aided materially in depressing
IN meeKs trading sugar q euered IN
unison with the rest of the list early in
sss. to ioSx. retaining ali but y per cent.
of the advance. The buying was largely
20 cover sport contracts. The Vanderbilt
stocks displayed considerable animation and
moved upward. Michigan Central, Lake
Shore and Canada Southern touched 9SM
142A and 52ss, respectively, these figures be-
The Improvement was due to the progress
made towards stopping the cutting of rates
by the trunk lines The decision of the
management of Chicago Gas to make the
dividend on the stock per cent. per annum
and the repeal of the Ogden Gas charter
caused active buying and a rise from 70ss
to III. Closing at at h. The Leather shares
were exceptionally strong, the common adj
vancing from 111s to ,14ta and the preferred
aTo % &c sar saies and IoT me week ag
dealt in. The changes in prices are mostly
in the direction of higher values, gains be-
ing made in. consolidated Gas of per
Central, az: Tobacco. az; Lake shore, and
Linseed OH, 3A; Michigan Central, AZ:
and Starch seconds preferred, per cent.
Baltimore & Ohio. 2s per cent, and Della
ware & Hudson, "a per cent.
The bond speculation Saturday was ami
sues. the total sales being sis2s,ooo. Dur
main strong, the trading being chiefly in in
gated S. ,ooc,s in which 221 bonds fig1red.
Prominent in the advance were: Cedar
Falls & Minneapolis first. 10 per cent;
Morfok Meste Ino MeW s River division
Pacific thirds. 3; Northern Pacific consols
a es, 3t4. and Northern Pacific trust receipts,
3A. The only notable decline was Is per
cent in Fulton elevated fves.
Government bonds were quiet with no ma
sales were ssa7: 900. State. bonds were fairly
certificates were dealt in to the extent of
$4,000 at prices ranging from $751; to S.
The following table. prepared. by James e.
taf