The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-09
STOCKS LOW RECORD
SPECULATION SLUGGISH ON 'CHANGE
AND FLUCTUATIONS NARROW.
some Ffrmness Caused by Purchases
to Take I'm Proits-Locnl Markets
without Change.

AT New York, yesterday, money on call
was easy at I per cent: last loan. 1: closed
at l per cent
Prime mercantile paper. 3hG3E per cent.
Sterling exchange was steady, with actual
business In bankers bills at s490Aaiso1z
for demand and at A.s9Ad4.s9h for sixty
days: posted rates, $.90d4s1: commercial
bills, A.sSz@4&A.
Silver certificates. 661zd6s4c: bar silver.
e6sc: Mexican dollars. 5sAc-
Total sales OF stocks were 1i1.327 shares.
Including: American Sugar. 1900: Amer
lean Tobacco. 1900; Burlington. 1850; CHI
cago Gas. 400: General Electric, II. 400;
Manhattan Consolidated. 500; Reading.
$500; Rock Island. 400: ST. Paul. $500:
United States Leather. $780,
The volume Of business on the New York
Stock Exchange reached the minimum yes
terday. Speculation was sluggish and
prices moved ~irregularly In extreme mar
row limits Americans were also dull and
weak In the London market and the little
trading done in New York for the
foreign account was on the bear side Of
the market. Small real.zations and the
covering of short contracts were the
factors The grangers fuctuated within
& limit Of ! per cent. the widest range
being made by Burlington. which, on the
sale OF some long stock, fell of l.per cent.
lowest St Paul was fairly well held by
reason of the fact thai the meeting at
which the dividend question is 10 be dis
cussed is close at hand. The heaviness
OF the wheat market helped TO steady the
stocks Of the grain-carrying roads gem
orally. Reading was the only stock of the
coaler group In which any activity was
displayed. but the priced moved within a
3-per-ccnt- range. On a purchase of one
hundred shares, New Jersey Central rose
IL per cent Denials OF the rumors that
individual operators had combined to glut
the market with coal at 81 a ton strength
ened the speculation in the coal shares.
General Electric lost = per cent. of
Wednesdays Improvement. but recovered
= in the final dealings. During the last
hour of business q generally firm tone pre-
vailed while Manhattan was exceptionally
strong and sold up 1s per cent from
wsre maze made OF n ia in aq Ediso1 Electric srt E fasht
Of New York and / per cent. in Colorado
Fuel and Bay State Gas, while losses were
recorded OF IA in Colorado Coal, 21 in
Erie preferred. IA In cordage guaranteed
and Great Northern peferred n rs In
Erie Telegraph. The market closed firm in
tone.
Bonds were quiet and firm. Pleasant
Valley Coal skies advanced Az per cent;
Duluth, South Shore & Atlantic fves and
Lake Erie & Western seconds, g. 81. Pau
drsts. L & NJ division. IL; International &
Great Northern seconds, Susquehanna &
western generals, Panhandle four-and-a-
halls series A. st. Paul, NJ. q NJ. consols
and Cordage firsts. /, and Cordage Trust
receipts. III per cent. The only decline of
note was 1a per cent. In Cincinnati. Day
$4,000.
Government bonds were firm. State
bonds were moderately active.
The following table. prepared by James E.
Berry, Room 16. Board Of Trade, shows the
range OF quotations:
Open High Low Clos
inc axr aaf Inc