The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-23
SHARE LIST CHECKED
UPWARD MOyEMENT ON STOCK EN-
CHANGE GETS a SETBACK.
Losses Were Mostly Fractional, but
b Advance Was stopped-LocaI
Markets NDt Active.

AT New York, yesterday, money on call
was easy at 21s per cent; last loan, ~;
closed at 2is per cen
Prime mercantile paper, 4N5s per cent.
Sterling exchange was firm. with actual
business In bankers bills at $I.S904.S9A for
demand, and at $4S7AM4-SS for sixty days;
posted rates, ASshG4.90; commercial bills,
$L.S7.
Silver certificates, 634c. no sales; bar sill
yer. 63c; Mexican dollars, soc. Bar silver,
at London, rs 13-16d per ounce.
The leading Wall street banks report that
the amount of business in currency being
done with their country correspondents is
small, that little or nothing has come in
from the West this week and that the Chi
cago banks are anxious to borrow rather
than to lend to accommodate their own
customers. The banks will gain about 81
10000 for the week. The subtreasury daily
reports show the following results for the
week: Total receipts, SIS, 100000; total pay
ments, $50, 10000.
Total sales of stock were 232,13 shares,
including the following: Americana Sugar,
1890; American Tobacco. $500: Atchison.
1l,400; Baltimore & Ohio. 3,4400, Chicago
Gas. 20,900; Distilling, 45,100; Distilling Ger
t~ifcates, 1900; General Electric. 1900; New
Reading, 5000; st. Paul, 1900; Wheeling &
Lake Erie. 500.
change received another setback yester-
day, not serious except in SO far that the
and some of the leading stocks recorded
fractional reactions. The only shares which
shoN a loss on the day, exceeding a frac-
tion, are the Susquehanna & Westerns.
which were subjected TO a bear raid, ac-
these were stories that, the company had
Tailed in negotiations looking to an in
reimbursement among the anthracite n coal
carrying companies. the smaller companies
would receive less favorable treatment.
Considerable stock was thrown on the mar
ket, the common shares selling off 2 and
the preferred S. per cent st the close re-
cent, respectively. The general market
opened strong and active, and an advance
D Dss yesosd s L raeEing up e n ! t per 1 ssnt.' s %ith
ulation. however, soon became unsettled,
and the trading irregular. the marked grad
depression continued in force until shortly
after II o'clock. when q rally took place
in good tone. No material gains we're made
after | o'clock. the dealings growing rather
dull. but it was not until after delivery
hour that a general reaction occurred, and
frem that time uR to the close the market
n the transactions. and, after an early gain
OF "a per cent, broke III on selling. The
stock closed u above the lowest and rs be-
low thursdays closing price. Chicago Gas
was not notably strong on purchases by the
new interests In the property, but made a
Was s manipul & 'a by the Clique piier eeV within ansa :
range OF ~ per cent, closing at a loss of
II per cent. General Electric opened " low
er, rose 4; broke ~. recovered 1ls, reacted
VI and rallied as, closing at Thursdays fig
ures. The moving influence in this stock
We're rumors that the Westinghouse and
General Electric companies HAD agreed to
pool their patents, and denials thereof. The
truth is that negotiations are pending be-
tween the companies. but, as yet, no definite
agreement has been arrived at IN a pur-
chase of 100 shares, st. Paul g. Duluth adj
vanced 2 per cent. Chicago e. Eastern I'LL
nois preferred rose / per cent, and Cotton
Oil preferred. ~. Other net changes on the
day were merely fractional, a majority of
the active stocks showing declines from
the closing sales Of Thursday. The market
closed weak.
The trading in bonds was less minated
during the day and there was considerable
irregularity In prices; The losses, however,
on the day are, in the. main, confined to
which Texas & Pacific seconds figured for
$259.000. The principal changes are: Ad-
vances-Colorado Midland firsts, 2is. Wis
eonsin Central firsts, 2. Declines-Scioto
Valley and New England tours. 2 per cent.
Government Bonds We're firm. State-bonds
were inactive.
The following table. prepared by James
If. Berry, Room 16. Board OF Trade, shows
the range OF quotations: