The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-16
STOCKS ARE BUOYANT
LONDON OFT OF THE MARKET, nut
THE LOCAL DEMAND HEAVY.
No Especial Favorable News I'm Money
or Railroads to Give Strength
Local Markets Continue strong.

Al New York, yesterday, money on call
was easy at I1s@21s per cent; last loan. 9:
closed per cent
Prime mercantile paper. lat51a per cent.
Sterling exchange firm, with actual bust
ness In bankers bills at $4.S9ssn4 S91s for
demand. and at s4sSss94.S9la for sixty DAYS:
posted rates. sf.SsA94.s9 and $4,000 9o1h;
commercial bills $751;
Silver certificates, 67zl@6sl1: sales $50 ooo.
Oar silver, 67A Mexican dollars, SIC.
Total sales OF stocks were EOS 500 shares
including: American Sugar. u 400. Amari,
can Tobacco, 1000; Atchison, $500; Burling-
ton, 5000; Chicago Cas- 1000; Delaware.
Lackawanna & Western, 2,4O0 General
Electric, 16,400; Louisville & Nashville
zso' Missouri Pacific, $500; New Jersey
Central. 800; New York Central $500.
northwestern, s400; Rock Island. $500: ST.
Paul, 1880; Southern railroad, 1900; United
states Leather, 10000; do preferred. 1900;
Western Union, $780,
Speculation on the Stock Exchange opened
strong and active yesterday, and under good
I.SyIng which was widely distributed
throughout the list prices moved steadily
upward until about l o'clock The pur,
cnases We're all for the home account, as
u was a holiday in London, and the for
eigners were not in the market. There
We're no especially favorable deyelopments
IN Inc financial Or railroad situation to ac-
COURT Tor the buoyancy of the speculation
put curing the entire morning and the first
hour of the afternoon prices forged ahead
win scarcely any interruption.
The vandelbilts, grangtrs Tobacco and
1seatner We're the most prominent in the
movement ~ ~ After o'clock the market be-
further gains made, the reactions were far
more numerous than the advances. The
O'Clock, but after delivery hour drive was
made on the market and sharp declile
resulted, the downward tendency continu-
ing to the final dealings and the marlxet
closing heavy in tone. The late losses were
IN the main fractional and the general list
probation, only very few shares showing
losses on the days transactions
compaTsfvey narrow arrow pan n m0v Selling mltb mp
RS rose rsacsimS zsas and raiyIng g. Paul
ern rose IL and feiI off 4 Burlington ssa
fiuctuated within limit or V per cent.
American Tobacco opened at ss ex. dividend rei
tire gain and closed at seA; the preferred
advanced % per cent. on purchase of 100
shares. Other more prominent advances on
the day are: Canadian Pacific and Consoi-
~ st. Paul preferred and Cotton Oil pre-,
ferred, Ia; Denver & Rio Grande preferred,
preferred, 1as. Boston selling caused de de-
Cline of u per cent. in Atchison, the last
being the lowest price made Leather adj
preferred sold up 1ss, broke 81, recovered
AZ, and receded Ia. closing at the lowest
and IN below Saturdays closing.
The bond market was animated and buoy
ant particularly for the speculative issues
The aggregate sales we're $3.50 900, of which
$3.50 were Texas & Pacific seconds $685.
600 Atchison seconds and $4,000 do fours
Changes of note are: Advances-Moble &
Ohio new skies 2: Northern Pacific threes
~. Declines--Chesapea & Ohio r. & A.
second consuss, 2 per cent.
Government bonds were firm. State bonds
were inactive
The following table, prepared by James E.
Berry, Room Is, BOARD of Trade. shows the
range of quotations: