The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-19
REVIVAL ON CHANGE
STOCKS DECIDEDLY STRONG. MOST
OF THE LIST MAKING GAINS.
New York Spectators believe in Bet-
ter Observation-Disclosures Markets
Active and Firm.

AL8NeW YORK yesterday, money on call
was easy at iia021s per cent; last loan. 2;
closed at per cent.
Prime mercantile paper, 4G5is per cent.
Sterling exchange was quiet but steady.
with actual business in bankers bills at
"a. s9ssN S9ls for demand and at s4.sSssn
ASH for sixty days; posted rates. s4.sslk@
1895 and sf.9oQ49o1k; commercial bills.
S4S71za4 s7s4
Silver certificates. 67i4c; bar silver. &c;
Mexican dollars. 551ac: at London bar sil-
Yer closed at 3o1zd per ounce.
Total sales of stocks were s35, 700, in
Guiding the following: American Cotton
Oil, 5000; American Sugar. So 500; Ameri-
cam Tobacco. 500; Burlington, 5000; Ches-
apeake & Ohio, 400; Chicago Gas. 10000;
Distilling certificates. 64O0; General Elec-
trio. 10000; Louisville e. Nashville. 10000;
Manhattan. 10.1oo; National Lead, 1880;
Northwestern, 1850; Pacific Mail, 4,SOo;
Reading. 1880; Rock Island, 3,4oO: st. Paul.
%, Goo silver certificates. 10000; United States
Leather, $500: Wabash preferred, GOO;
Western IDion, 1900
The volume of business on the Stock Ex-
change yesterday was larger than on any
day for months past, and with the excep-
ton of a brief period of depression be,
prices was upwards. The buying was very
strong, and the speculatives exhibited
stranger The dealings were widely dis
tributed. and stocks which had not been
IT. traded .i in. n within year appeared IN the
buyer in New York and Americans were
strong on the London Stock Exchange, the
great factor of the upward movement on
New York Exchange was the heavy pur-
chasing for the local account. There was
no specially favorable circumstances af-
fecting either railroad or Industrial stocks
TO account for the buoyancy of the mar
a a a
vival in trade is at hand and that a quick
ening of the industries of the country is
room traders, majority OF whom appeared
to be the bulls, and as prices moved up
cover on the best terms obtainable. At the
end Of the first hour gain from Wednes-
day nights closing figures of M7111 per
duced realizations, which led to a reaction
Of .sa1 per cent: in the active list. Sugar
leading. while Manhattan broke. az. The
decline was quickly changed under the in
huence Of the ready absorption OF all Of
ferings, and prices resumed their upward
and, with scarcely reaction, the market
continued to advance to the close, the final
buoyant tone. Among those stocks which
ola not participate in the Improvement un-
trail G. g W ST. lolea9 9nlo Mo deh
8 Ohio, Lake Erie & western. Lead pre-
specialties the entire list dealt in shows
gains on the day the more important of
Wnlcn are: Toledo Il OHIO Central, per
cent; Pullman, 45s; c.. q. G. & st. l.. pre-
Esad p pN E. E e. f eomon
Northwestern, 21s Mobile & Ohio and Flint
Flint & Pere Marquette common,
IA; ST. Paul & Omaha, Tobacco. and Min
nesota Iron, IL; Baltimore e. Ohio, Cana
dian Pacific, Louisville g. Nashville and
h Mexican Natipn slta and sugar. lss Pitts,
Grande preferred IL; Rio Grande
common, Lake Erie & Western,
rs; Union Pacific. St Paul and Pacific Mall
~, and Kansas & Texas preferred Louis
VILE. New Albany & Chicago preferred
Pittsburg, c. G. & st. L. preferred. Wa
preferred a. ana % Leather Leather nreferred each
cosing transactions are; Cedar Falls &
Minnesota, per cent; Buffalo, Rochester
& Pittsburg, 3; Cordage preferred Ia; Min-
neapolls d st. Louis preferred, ], and Du-
lHth. South Shore e. Atlantic " per cent.
:. The advance in cotton. which, it is be-
lieved. will bring about a general improve
ment in business in the South, is given as
q reason for the rise in the stocks of the
Southern roads.
The bond market was strong and the vol
ume of business was very large. The sales
aggregated $685.. 900. The course of prices
principal gains are; Seattle. Lake Shore &
Eastern first trust receipts, 3M per cent;
q, G., G. & st. Louis generals, 315. Wheel
Ing Il Lake Erie firsts 3; Scioto Valley and
New England tours. 2A; Louisville
Evansville g. st: Louis consol fives. 2
Government bonds were firm. State
bonds were inactive.
The following table, prepared by James E.
Berry, Room 16, Board Of Trade, shows the
range OF quotations: