The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-06-20
SHARE SPECULATION
NEW YORK STOCK EXCHANGE BUSI-
NESS LESS ACTIVE AND FIRM.
Dealing in Bonds Brought Out Num-
Der of Old Issues-LOcal Grain
Market Continues Strong.

AT New York, yesterday. money on call
was easy at 1 per cent; last loan, / per
cent.
Prime mercantile paper. 21z@sls per cent
Sterling exchange was strong and higher.
with actual business in bankers bills at
sis91sq i.s9s. for demand and s4SshQISSaa
for sixty days: posted rates $iS964 S91a and
sisO@I9ols; commercial bills. siSAq4SS.
Silver. certificates. 67a674c; bar silver.
eS3sc: Mexican dollars, 53lzc.
Total sales OF stocks were 25I,2i6 shares,
ancluiing: American Sugar, $500; Amer
team Tobacco, 800; Burlington, $500; Chi
cago Gas. 300; Distillers. $500: Missouri
Pacific. $500; National Linseed Oil, 1000;
Reading, 1900; st. Paul, 1900; silver bull
lion certificates. 10000; Tennessee Coal and
Iron. 1880; Texas & Pacific. $500; United
States Leather $500; Wabash preferred
soc.
Share speculation on the Stock Exchange
opened moderately active and generally
lower. and in the first fifteen minutes a
decline of 1sd1h per cent. had been re-
corded. the latter in General Electric. The
market soon became irregular, the indus
trials as a rule showing strength, Sugar
while declines were made of q in Pacific
Mail. Z in c.. C., c. & St l.. ] in Pull,
&
Colorado Fuel. ~ in Laclede Gas. and 1ss
in Tennessee Coal. rally of l per cent:
took place in New England. Towards IL
ing the hour following the only material
changes in prices were advances of IA in
o h Pasc ana r. oa abg IN Ms
cline Of Us in American Express. About
midday heavy offerings in National Linseed
resulted in loss OF the entire early gain,
which was based on a report that dividends
would be resumed. and there was an addi-
tional reaction Of u. Laclede Gas preferred
and Consolidated Gas l per cent. the gen.
erai list recedfng fraction During the
afternoon some few shares deprecated
slightly. but the market in the main was in
good tone. Sugar sold up 2is: Susquehanna
& Western preferred rs; Reading and New
Central In bu the nsl trading
Lead and Rubber were under pressure and
yielded =. aud per cent. respectively. The
market closed dull but firm, with prices in
q majority OF cases lower than at the close
Of Tuesday. The declines above fraction
are: American Express. rs per cent; La
Ia and Pittsburg & Western preferred and
Pullman. 1 per cent. Advances: Sugar. ia
per cent. and Manhattan and Lake Shore,
l per cent.
There was a considerable diminution in
the volume OF the bond trading yesterday.
Values, however, met with no check to their
pronounced tendency upwards. The demand
FOR securities extended to long-neglected
issues. in which appreciation of marked
proporLons were reglStereI Inc sales were
6,e per cent; OREGON Improvement consol
fives. 5& St. Paul & Duluth seconds, 8:
Cincinnati & Cleveland firsts and Missouri
Pacific consol skies, 21s; Ohio Southern
tours, 2: Louisville & Nashville unified
Tours. Is: Cordage frsts, Ia; Erie second
consols. stamped, Michigan Central consols
of 1881. and Northwest sinking fund tours
and Northwest extension tours, ~: Cairo,
Arkansas q Texas firsts. c., c., c. & st.
q fours. st. Louis division. and Dallas &
Waco fives. ia, and Seattle. Lake Shore
Eastern firsts, trust receipts, Houston 4
Texas Central general tours. Minnesota &
st. Louis firsts, Tennessee Coal firsts, Bir-
mingham division, Peoples Gas of Chicago
consol skies, and Kansas & Texas extended
fves. 1 per cent. Deciines-Hocking Valley
Fights, Rock Island Adventure fives and
Central Pacific skies OF 80, 1 per cent
Government bonds were strong. State
bonds were dull.
The following table, prepared by James z.
Berry, Room 16 Board of Trade, shows the
range of quotations: