The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-08
TRADERS NOT ACTIVE
BUSINESS ON 'CHANGE WAITING FOR
NEWS FROM WASHINGTON.
all Wall-Street Markets Were Stag
~nt-Lo Markets Sluggish
and without Feature.

At New York. yesterday. money on call
was easy at 2 per cent; last loan. ~;
closed, ~ per cent.
Prime mercantile paper 312Q5 per cent.
Sterling exchange was steady with actual
business in bankers bills at &.SSA@ al. SS1a
for demand and at ~$.S7kg4.S7A for sixty
days; posted rates, $4.S7la04.SS1a and $3.50
4.S9i1; commercial bills. s4.ss@4.s6A.
Silver certificates. sohG6Ohc; bar silver.
$3.50; Mexican dollars, 4S1ac.
At London, bar silver. q 7-16d per ounce.
The total stock sales were 64.s4S shares,
including the following: American Sugar,
11,40; Chicago Gas, 5000; General Electric,
1880; Louisville e. Nashville, $500; St Paul,
$500.
All the Wall-street markets were stag
nant yesterday. On the Stock Exchange
speculation was absolutely devoid of feat
ure. The trading was sluggish to a degree
and the fluctuations in prices were extreme
ly narrow. Less than 5000 were dealt in
and the net result of the days transactions,
except in three instances, show merely frac-
tional changes. London was in the market
to but a small extent. and was on both
sides of the account. News from Washing
ton was anxiously looked for, but none came
until late in the day, when it was announced
the bond issue would be declared to-day, or.
Us CA sodAulddyp INDEPENDENT or
the action Of the House on the Springer
bill. This intelligence did not reach the
street early enough to nave any effect on
the dealings, but the temper Of the market
as such that nothing but official statements
are likely to affect the speculation. Rumor
and report wei. idle during the day and
there was nothing in the situation to, quick
en- the speculative pulse. The market opened
IN an upward direction, the widest tiuctua-
tons in the opening trade being a loss OF "a
Per cent. in NorIoik & w estern, and a gain
OF a similar traction IN st. Paul a, Omaha
Turing tne rest OF the DAY, the prices moved
a triiie one way or anoIner, there being nos
q trace or ANIMATION In the market and no
settled tone, the closing being duil and
STEADY. Compared with Wednesday. final
sales show ABOUT an equal number of de-
chnes ana advances, wnIle several stocks
are mucn changed on the day. On a pur-
enase or 100 shares. Louisville & New AL
Dany preferred rose ~ per cent. Boston
er gains are St. Paul & Omaha. "a: kansas
q Texas. Is; Wheeling q Lake Erie pre-
Ierred, q, and Norfolk & Western, u. In
the list OF declines are General Electric and
Norfolk g. Western common, "a: Leather
preferred, y, and National Linseed, Sugar
preferred, LaClede Gas preferred and Sus-
quenanna az western preferred, 12. Burling-
Ion Is up Il and Northwest is down " and
St. Paul and Rock Island u per cent. Rub
Der advanced Is and declined / per cent.
Notwithstanding the stagnation prevailing
In the share speculation, a fair number az
transactions We're recorded in the bond mar
ket. The bulk of the sales, however, brought
lower prices. The sales aggregated sS84 0OO
The main declines are: Kansas Pacific con-
soils skies, AZ per cent; Erie second consols.
8; Northwest sinking fund debenture fives
OF 1888. "a; Ohio Southern tours, 2h: Wa
bash firsts. Detroit &c Chicago extension
and st. Paul, M. & M. consol sizes, 2. Adj
ces-No & Western, New River di-
Vision hrsts. 4 per cent. Louisville & Nash
vile, Pensacola division skies, "a; Omaha
q st. Louis frsts sold at 36. against As on
dull. ~
The Following table. prepared by James
70. Berry, Room 16. Board OF Trade. shows
the range OF Quotations.: