The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-07
DAY ON CHANGE DULL
OUTSIDE OF FEW LEADERS
SCARCELY ANY BUSINESS DONE.
Attempt to Bolster Up whisky Trust
Shares-Local Markets begin the
Year with Fair Trade.


Prime mercantile paper, 2S4@41k per cent.
Sterling exchange was dull and firm
with actual business in bankers bills at
$48Sss@4.SS24 for demand and $4S75s@4SS A
for sixty days; posted rates. $.SSleq4. S91a:
commercial bills, $4.S61s.
Silver certificates, 601sc bid no sales
Bar silver, 59%c: Mexican dollars, 49c. Bar
silver, n 7-16d per ounce at London.
The weekly bank statement shows the
following changes:
Reserve, increase. .$593,200
Loans, increase. ........................ $4,000
specie, increase; " l06. 400
Dspost aehoersr 400 400
Circulation, increase. 10000
The banks now hold s35, Ss2, $50 in excess
of the requirements of the % per cent.
rule
Exports of specie from the port of New
York for the week amounted to $4,477,336
in gold and $500, 623 in silver. The inn
ports for the week were: Gold $66, 1873;
silver. $55,962; dry goods $1,1o0,964; general
merchandise, $S.394,571.
Total sales of stocks to-day were 81, 479
shares, including: American Tobacco, ]. 700:
American Sugar, 22,50O; Burlington, 1000;
Chicago Gas, 500; Chesapeake & Ohio,
1000; Distillers $500; Northern Pacific,
$780, National Lead, 2,100: New Jersey
Central 1900; st. Paul, 2,7O0
Very little business was done on the Stock
Exchange Saturday and outside of Sugar,
Distilling, Chicago Gas and Missouri Pacific.
the trading was lifeless. A firm tone marked
the opening dealings and except for decline
OF l per cent. in Louisville & New Albany
preferred and 1as in Tobacco and pa in
Missouri Pacific the market moved upward
1ractionally until after IL o'clock Then the
temper of speculation changed and a reac-
tbon set In. Sugar, after an opening adj
vance OF y, fell OFF *. closing " above the
lowest. Distilling moved up y per cent. on
the announcement Of the formation of a
committee of stockholders to look after the
interests of the company but subsequently,
lost Is. The placing on the market of a
block of LOCO shares of long stock of Mis-
souri, Pacific was taken advantage of by the
pears to raid the property and a break of
24 per cent. was made. in the shares, of
which u per cent. was subsequently recov-
mostly declines, including losses of 15s ON
Tobacco; Ia in Baltimore & Ohio, / in
Loq assd nrs q Mew Albany preferred and y
IL unchanged Rock Island is down "a and
burlington and Northwest are up u each.
american Express shows gain of / per
cent and few other shares have advanced
e fraction. After an early Improvement of
IN, New Jersey Central reacted l per cent
The market closed about steady
During the week the share speculation
has been III inactive. and the total sales are
only 5000 shares. Speculation, as rule
mas been heavy, and majority of the
shares traded in show gains, compared with
portant losses being Consolidated Gas, Az;
Canada Pacific. 3A; New Jersey Central,
0, TOBACCO, "a, missouri Pacific, 2h; Sugar,
~; Erie preferred, 21s. Baltimore & Ohio
advanced per cent.
Dealings in the bond market Saturday
were very light. and the main trend of prices
was downward. The sales aggregated $iO6 500
The. only changes above a fraction were
declines of per cent in Northern Pacific
collateral trust skies, III in Milwaukee,
Lake Shore & Western firsts and in Cord
age hrsts and advances of 1 per cent in
Chicago & Erie frsts and rs in Reading
first incomes.
On the week the bond market shows but
slight changes in the active list except for
the Reading issues, which were weak
throughout. In the inactive mortgages the
the changes are. in the main, toward lower
figures. but some few show gains on the
week. including Detroit, Monroe & Toledo
drsts ~ per cent; St Louis & San Fran
Declines-Atchison seconds, Glass B. 2K
per cent; Missouri Pacific trust fives, So:
Reading fours, Q; New Jersey Central firsts
OF 1902, ~; Northern Pacific collateral trust
skies, ~. and Hooking Valley flves, Ore
gon Improvement firsts and Peoria. Deca-
tur & Evansville f1rsts. 2 The sales for the
week were s., 960500.
Government bonds were firm State
bonds were inactive
The following table. prepared by James
r. Berry. Room is, Board of Trade. shows
tho range Of quotations.: