The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-07-04
CAPITAL. sl.ooo.ooo
ON STOCK EXCHANGE
SPECULATION FEATURELEss AND
ACTUAL TRADING LIGHT.
Absence of News of a Nature to In
nuenee Prices-Locnl Markets
Quiet Before the Holiday.

AT New York yesterday money on call was
easy at 1tz02 per cent; last loan, IA;
closed. ~ per cent.
Prime mercantile paper. 21zQ3 per cent.
sterling exchange was dull, but firm. with
actual business in bankers bills at s4.S91A@
4.ssss for demand and A.sshQ4SS7s fol. sixty
days; posted rates. sI.ssd4.ss1k and $500
1901; commercial bills. A.s74q4.sS.
Silver certificates. 67q67Ac; bar silver.
66Ac; Mexican dollars. 5SAc. At London,
bar silver was 30 9-16d per ounce.
Total sales of stocks were 159. $50 shares.
including: American Sugar, $500; American
Tobacco. $500; Burlington. 1000; Chicago
Gas, 2f.50o; Columbia Fuel Company. $500;
Distilling. 1900: Northwest. 1900: Reading,
1900; Rock Island, 1900; ST. Paul, loo:
Southern Railroad preferred. 500; United
States Rubber. 5.4oe: Wheeling & Lake
Erie, 800.
Speculation ION the Stock Exchange was
featureless yesterday. The foreign selling
was about equal to the buying. and boSa
combined did not add materially to the vol
ume OF business. A noticeable fact was
the absence Of rumor. save for the re-
vamping of old stories such as the decision
to suspend dividends on Chicago Gas and
the acquisition of the control of New Eng
$500 LII
tie or no attention was paid to these ru-
mors, and the market moved in its slug
gish course as the buyers or sellers were
more numerous. The opening was generally
firm. but soon became stagnant. and for
want OF support prices receded 1sq14 per
cent, Chicago Gas, Sugar, Tobacco and
Chicago Gas was sold down mainly on or
Qer8 from Chicago. Shorts began TO cover
AZ the lower figures. which had the effect
OF moving the figures upward along a range
extending rs per cent, the latter for New
England. which made the gain on very
small suying. owing TO the scarcity of the
stock, Sugar, Chicago Gas, Rubber, COM
mon and preferred. Tobacco and Northwest,
being also prominent I'm the advance. The
appreciation In Rubber was due TO the fling
OF tno company'S financial statement with
the stock Exchange. On purchase of 800
shares. Colorado Fuel preferred rose 5 per
cent. TO 80. the common advancing l per
cent. In the last hour, realizaIions caused
Q reaction or 1s4ib, the latter in Chicago
Gas. There was a slight pressure against
the grangers in the final sales. but the mar
ket closed generally steady, and in the main
higher on the day. Chief among the ad-
vances are: Rubber preferred, Ia. Manhaf-
and Colorado r0o'I Fnel f prefer,re ana % M nsr ceni
Declines: Chicago Gas, rs. and Louisville
& New Albany preferred. 1.
Bopds were dull. but higher. Galveston.
Harrisburg & San Antonio firsts sold at
100. against 96A the last previous sale.
chicago Gas firsts were bid for az 9Sss.
vannah & Western first trust receipts react
ed 1s TO 5I2, and recovered to 59z. Other
notable changes were: Advances-Grand
RalGds & Indiana four-and-a-haifs. ga:
Colorado Coal skies. 2; st. Paul. VI. & NJ.
seconds. IA. Northwest gold sevens. ~; ST.
Paul NJ. & NJ. ives. IL; American Dock
fves, rs. and Chesapeake & Ohio r.. e A,
first %consols. Indiana. Illinois q Iowa fves
and Cordage first SINAI bonds, l per cent,
Declines-Wisconsin Central frsts. IL;
Cordage frsts. St. Paul & Duluth seconds
Cincinnati, Hamilton & Dayton consol sew.
ems. and Northern Pacific collateral trust
skies, and Northern Pacific consoI fiyes
trust receipts, ia per cent.
Government bonds were firm. State
bonds were dull.
The following table, prepared by James e.
Berry, Room is. Board of Trade. shows the
range of quotations.