The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-22
INCREASE IN VOLUME
RENEWED BUYING SENDS STOCKS uP
AGAIN ON ,CHANGE.
The Clique Continues to Manipulate
Sugar and the Coalers-Local Mar
kets Holding Steady.

At New York yesterday money on call
was easy at 2G3 per cent; last loan, 2;
closed. 2 per cent.
Prime mercantile paper, 4a5lz per cent.
Sterling exchange was lrmer with ac-
tual business ir bankers bills at $500
4.S9i4 for demand and s4.S7ss@4.s7A for sixty
days; posted rates, s4.sSh@4.9o; commercial
bills, SfS7.
Silver certificates, G3Aa64c: no sales; bar
silver. 62Ac; Mexican dollars. zoe; bar sill
yer, 2S1l-16d per ounce at London.
Total sales of stocks were 272.s19 shares.
including the following: American Sugar.
$500 American Tobacco, 1900; Burlington,
500; Distining, 1900; General Electric, A.
600; Louisville & Nashville, 500; National
Lead, 400, New Jersey Central, l.. 700; New
York e. New England, third assessment
paid. $500: Northwestern, 500; Northwest,
6,10o; Reading. 3,400; Rock Island, 5000; st.
Paul. 1900; Wheeling & Lake Erie, 4,50o.
There was a large increase in the volume
OF business on the Stock Exchange yes
terday and the upward movement which
was checked "Wednesday by sales to realize
profits, and the putting out of lines of
shorts was resumed. The buying at the
opening was decidedly strong and although
London was a seller of some of the ar
bitrage shares this fact had no depressing
influences on prices. a ready market being
found for all the foreign offerings. When
the opening buying orders had been exc
cuted and the trading became
dull a fractional reaction took place in
the general list. The reactionary tendency
IN the general list was of brief duration
and the speculation quickly recovered its
tone. Thenceforward until about 1:90 O'Clock
representatives of all the coal carrying
roads at the meeting of presidents yester-
tor a eNerei IS pi a I yery f =. mal1hoh ioasea ace
on the trading and brought buyers into
the street and induced the shorts to cover.
There was q heavy business in the shares
of the leading industrials on the bull side
and they moved up sharply. General Elec-
trio was purchased in heavy blocks on re-
ports that an agreement between the big
electric companies was about to be con-
summated and an advance of 2s was eff
the new interests in the company and the
trust receipts sold up 1As. Sugar was
controls the trust. and Lead advanced "a.
About 1880 o'clock the market receded a
fraction, but IN the last half hour of bus
mess speculation again became strong and
prices moved upward to the close, which
was bouyant in tone. the market, with but
Few exceptions. showing. advances on the
day. ranging from - to ~ per cent. In the
active list. the latter in General Electric;
g in D.stilling trust receipts. 1 in New
Jersey Central c., G., c. & St. /. preferred
I'm ,b pitt snsn|s,t G.. & 1;o 4 st. LOUIS %h;a preferred
preferred made a gain of per cent, Evans
vile & Terre .Haute 3 and American To-
pacCO pFeIeTFed, Z12.
The bond market was generally higher,
put on q decreased volume of trading. The
total sales were 2,06S, 600, of which 500, coo
were Texas & Pacific seconds. The more
noteworthy advances were Kansas Pacific
skies. Denver division assented, 81 per cent:
Kansas Pacific skies of 30, 2; New York
q New Jersey Telephone fives, 3; Louisville
& Nashville, Nashville, Florida e. Sheffield
frsts sold at 80. against s. on Jan. 5.
Government bonds We're firm. State bonds
We're inactive.
The foilowing table. prepared by James
Berry. Room 1s. Board Of Trade. shows
\ range Of 0uotaffona.