The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-23
STOCKS ARE RISING
VOLUME OF BUsINEs n DEMAND
ON 'CHANGE IS INCREASING.
The Bond Market shows an Advance
ing Tendency-Local Grain INrm
and Quotations Are Higher.

At New York, yesterday, money on call
was easy at ilsm2 per CENT; last loan. III;
closed, ~ per cent.
Prime mercantile paper. 4@5 per cent.
Sterling exchange was firm with actual
business In bankers bills at 81. .S91a
for demand. and at $4.sS%@f.ssh for sixty
days; posted rates. s~4.sslaa4.s9h and 1870
@i.90j4; commercial bills. sLs7h@4s7M.
Silver certificates. 67a406slsc; bar silver,
66ssc; Mexican dollars, 551a. Al London bar
silver has advances to 30ssd per ounce.
Total sales of stocks were 2s5. 9S4 shares,
Including: American Sugar, rs. 400; Atchison,
$500; Baltimore g. Ohio, $500; Burlington,
t,200; Chesapeake a. Ohio, $500: Chicago
Gas. LOO; Delaware a. Hudson. $500; c.,
C.. Z. & st. Louis. 800; Delaware, Lacka-
wanna g. Western. 1900; Distilling certif-
Gates. second assessment paid, 3,400; Dis
filling certificates. third assessment paid,
7.1oo; Kansas IL Texas, perferred, 1900;
louisville d Nashville. 400; Louisville.
New Albany & Chicago, 400; Louisville,
New Albany & Chicago. preferred. 3,1C0;
National Lead, 400: New Jersey Central,
1900; Northwest, 5000; Reading, AS. 400; Rock
Island, 1900; ST. Paul, II, 100; United States
Leather. preferred. 5000; Wabash, preferred,
$500; Western Union. 4,4OO.
Stock market, yesterday, taken as a
whole, was strong and the volume OF bust
ness was quite large at the opening of bust
ness prices moved irregularly within a
narrow range, but speculation soon be-
came strong and an upward movement was
taugurated which continued in force until
became unsettled and rather quiet. The
coal shares were notably strong and ac-
tive, the buying therein being due to re-
ports that a basis OF agreement was near
~ reached by the coal carrying roads and
that yesterdays meeting OF operators was
likely 10 reach "a GRtfIamanf Naw Inrcav
Central rose "a, Delaware 4 Hudson, 3H;
Delaware a Lackawanna. 2. and Reading,
Realizing sales in later dealings caused
q reaction in these shares of hm% per
The advance in the Louisville, New Albany
q Chicago stocks was continued, notably
cent. to 2sA. closing at 27ls per cent. The
common rose / per cent. to Sl9. reacting
y per cent The Improvement in the shares
TO finance the road, amounting to about
$lo0o; ooo, is practically in land and will
enable the company to liquidate the float
ing debt. take up the equipment obligations
and pay the cost of important improve
r mdnes, the he'f int e 9 eRarsd i 4 Afts ssid nia glll
the general market continued active and
buoyant and some material advances were
recorded, but about / o'clock eased off a
fraction and the dealings became quiet.
The market continued in this tone until
came steadier. The late losses were only
partial and a majority of the list is up
I'll Sit uhy, uOldDly fuilmdn, ) per cent.
Delaware & Hudson, 23s; Iowa Cen
1Tai' P puisyiIIs' Il; Chicago Gas,
preferred, ia; Leather Preferred, rs; New
Jersey Central, ~; Delaware & Lacka-
wanna, 49,: Reading. Il Ohio Southern
are fraetiopnal except f per- c seni: enc Gu nossns
teed. which is down l per cent. The market
closed fairly steady.
The bond trading during the day was
strong and the sales were So. Gel 600, which
Is the heaviest business done in any day
Tor more than a year past. Transactions
IN Atchison fours were $3.50. 900, and a gain
OF IA per cent. was made on the day. The
buying Of bonds was induced largely by
the action Of the English bondholders' meet7
International & Great Northern thirds
sold at Is. against Il. March 26. Other
notable gains were Cedar Falls a. Minne-
sofa firsts. 3 per cent. louisville a. New
Albany ftves, rs; Louisville & New Albany
sonsols. ga; Erie fifth extended and North
ern Pacific seconds, 2 per cent. The only
possessions of note were 2 per cent. each in
Duluth NJ. & NJ. Land Grants and Chicago
Gas frsts.
bonds were dull.
T following table. prepared by James r..
Berry, Room is. Board Of Trade shows the
range OF quotations.: