The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-09-25
A DEPRESSING FACTOR
REVIVAL OF GOLD-ExPORT RUM0Rs
ON NEW YORK 'CHANGE.
Downward Trend Of Prices Only
briefly Interrupted-Loca1 Mar
kets Continue steady.

At New York yesterday. money on call
was easy at 11za2 per cent; last loan, 2;
closed at llsa2 per cent.
Prime mercantile paper, 4iz45 per cent
Sterling exchange was dull and steady.
with actual business in bankers bills at
a. s9fI4s9k for demand and s4.sSq4sSh for
sixty days: posted rates. s.sslzG4ssls and
81. 9o5z: commercial bills. $4.s7A-
Silver certificates. 67@67Ac; bar silver,
6s7sc; Mexican dollars. 5sltc. At London
bar silver was 30 s-lsd per ounce
Total sales of stocks were 255.373 shares.
including: American Sugar. $4,000; Ameri-
can Tobacco, 100: Atchison, third assess
mens paid. 5000; Burlington. 1880; Chicago
Gas, 2o,5oe; Distillers, 1890; General Elec-
trio. 1890: Missouri Pacific. $500; Reading,
15.3oo: Rock Island. 20.so0; ST. Paul. q. 800;
Tennessee Coal and Iron, 100; United States
Leather Company, 800; United States Rub
Der. 400; Wabash preferred. $500; Wheel
ing and Lake Erie. AGO.
The chief factor In the stock market yes
terday was the revival Of gold export ru-
mors which In the present speculative tenn
pei naturally exerted a depressing effect.
The street has come to the conclusion that
at least a temporary halt has been reached
in the outward movement of gold and this
sentiment has been encouraged by the re-
ported steady. though moderate, increase
In the supply OF cotton and other bills
Members or the late government bond syn
oicate. however, still declare that further
god shipments. at the moment, are improb-
The market was about equal In volume
OF business to that of the previous day, the
dealings being fairly well distributed.
again conspicuous and Reading also reached
prominence. Leather stocks were helped by
Inc reported firmer tendency to the market
Tor dry hides, which had recently been
dull and rather depressed. The favorable
erect on the grangers caused yesterday by
the substantial increase SHOWN In the Chi
cago * Northwestern earnings for August
was lost sight of to-day. temporarily. on ac-
count OF speculation by the professional
dealers regarding the probable amount of
ton on the subject WILL II Is understood,
be taken to-day In New York. The market
opened active and firm with slight gains
In some of the leading shares.
The bears promptly made demonstration
against the Industrial stocks and soon ex-
grangers. The downward trend of prices
around midday. The declines at the lowest
~: General Electric. 1gs: Tobacco and chi.
srsnsers, l@iss; the coaiers. iaaE. the last s
recessions were noted extending to ia per
cent. with Tennessee Coal. Manhattan. Can
ada Southern. Missouri Pacific and Wabash
preferred conspicuous. The Leather shares
displayed marked strength in the early deal
ings, advancing a.01h per cent respectively.
They were affected. however, by the weak
ness In the general list In the late dealings
and lost A61ss Der cent. of the respective
improvement The speculation left of weak
IN tone with prices generally at the lowest
Of the day.
Bonds were weak on moderate volume
OF trading The sales were, S1,5S6,000.
Government bonds were strong. State
bonds were inactive.
The following tAoie. prepared by James F.
Berry. Room 16. Board Of Trade. shows the
range OF quotations.: =