The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-10-06

posted rates, A.S7d4.SS and A.SSni.S9; com
mercial bills. &.SAG4.S.
Silver certificates. 67h6s71kc; bar silver.
s7Ac: Mexican dollars, 5sAc. At London
bar silver was 30Ad per ounce.
The weekly bank statement shows the
following changes:
Reserve, decrease q s4 eO
Loans, decrease I174OO
specie, decrease 739. 800
6egal tenders. decrease -...---... $4,000
Oeposits. decrease .-..-......-.-. S,037,0 900
CIRCULATION, increase ............... ISL. 900
The banks now hold SIG, All .525 in excess
Of the requirements OF the % per cent. rule.
The exports Of specie from the port of
New York for the week amounted to $685.
09 in gold and sss1.s0S in silver. The I'm
ports were: Gold. Ss,5sO; silver, 81. SIS; dry
goods. S,llS.0S7; general merchandise.
$7.ns.zs7.
The New York Ffnancier said Saturday:
Decreasing deposits and loss of cash hold
fngs are the distinguishing features of the
New York bank statement for the week
ending Oct 5. The clearing house banks
held last week only s151. 400, 400 in cash,
which Is a loss of thirty-one millions since
June / last. and OF S31, ESQ. 600 since Aug.
81 last This money represents IN part the
gold export movement. but more than any
thing else the demand for the interior.
- " iALC Cth was to.to1. W..
Of which s7S9. 600 was in specie and 81. s44, 800
legal tenders. Deposits are down to $780,
OD. 500. the loss for the week being s.os7, Ooo.
The aggregate volume of deposits has
fallen of since June | over sr 5000 and
since Aug. 81 Sc, 500. coo. The deposits of the
New York banks as reported for the last
Week are nearly fifty million dollars less
tnan for the corresponding week in 1894.
The total sales Of stocks Saturday were
100" s - including: Sugar, $500; To-
Reading assof Rock Island, 800, So
Paul: LEGO: sitysr Certificates; 15soOs; Ten
United States zcordage. $500; Wheeling &
Saturday. The reactionary movement did
not make much Roadway, as good buying
IN Chicago Gas sent that stock up / per
cent and served TO rally the general list
Toward the close OF the session an effec-
tive drive was made at the coalers in which
LackAwanna lost ia percent; New Jersey
Central Ia; Reading, Delaware & Hud-
son. z. and Susquehanna & Western pre-
1ererd- Y per cent Tobacco also displayed
considerable weakness. dropping las per
rep orted settlement between that trust and
the large plug manufacturing interest. The
genera. market and more especially the
Speculation left of weak in tone.
The course of prices for the week has
been downward. At the outset a drop in
foreign exchange occurred. caused by in
creased offerings of cotton bills and ston-
ped the gold export discussion. resulting
The Improvement soon eliminated. how
ever, aHd the market became stagnant
with the usual effect of such a condition,
q weaker tendency TO prices. An i'm
portant negatively unfayorable influence
on the speculation has been the concentra-
ton or Interest at foreign financial centers
which has not only distracted attention
from our securities. but has also COM
PEELED sales BY foreign dealers to fortify
their position. Europe is also susceptible
70 any indications OF a resumption of dis
sussion relative to our currency situation.
bearing on prices has been mainly favor
able, yet the volume of business is lighter
market has nuctuated within a narrow
range. The industrials were most promi-
nent. both in point Of activity and extent
vanced on the expectation OF favorable out
come OF legal difficulties which will en-
epis the company to resume. Dis
ported settlement Of the fight between
the reorganization committee and former
managers OF the property. Sugar was ir-
important net changes. Among the feat
ures OF the week have been an advance of
best price of the year. and a subsequent
closing Of the previous week. 1t left Of, OF
money rates to 3 per cent. which was not
sustained. was also an incident. Further
advances In anthracite. coal prices are re-
garded as evidence that the Controlling
interest In the great corporations have
see Coal and Illinois Steel closed higher
for the week. The first-named declined
Ia. to as. rallied TO Tax. declined to 20
and rallied to 1&. establishing a net gain
OF Ia per cent. Tennessee Coal lost a frac-
ton early IN the week then jumped as. to
fngs. leaving a net Improvement of 1x per
cent Illinois Steel was prominent in the
speculation. IL rose sd. 10 S2A. and left
on ~ per cent higher. Final prices are
generally below the closing sale OF the
preceding week. with the more material
vile & Terre Haute, 95s: Alton & Terre
1iaute. ga; Chicago 4 Eastern Illinois pre-
ferred. ~. Tobacco. 2%. Baltimore & Ohio.
ga. and Erie Telegraph. 2 per cent. The
aggregate sales OF stocks were LII, 500
shares
Bonds were quiet. and, as a rule, easier.
with sales OF $9S5.000. The movement OF
prices was somewhat irregular during the
week as regards the speculative issues.
and these left of generally fractionaIly
lower than the final quotations OF the pre-
vlous week
Government bonds were active and
strong. The sales were <35s, 900. chiefly of
the news fours. In State securities sales
we're recorded OF $4,000 Virginia sizes
deferred trust receipts stamped; 10000 Vir.
GINA centuries.
The following table. prepared by James p
Berry. Room IS. Board OF Trade. shows the
range or quotations:
Open High Low Clos.
Ing. est. est. Ing.
At4mf Express 1890 49, = 4. -. 149
Alton & Terre Haute-. =. =. CT
american Express -. -: :. -. lis