The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-10
The INDIANA TRUST COMPANY
CAPITAL : 900
TRADING WASNARROW
DAILY REVIEW OF TRANSACTIONS ON
. 1.-THE NEW YORK STOCK EXCHANGE.
of the business Confined
to Sugar, Chicago Gas and ST. Paul
Advance I'm Prices.

Al New York yesterday money on call
was easy at la per cent; the last loan being
made at l1s; closing offered at IL per cent.
Prime mercantile paper 2AM4h per cent.
sterling exchange quiet and steady. with
actual business in bankers bill at 81. SSxO
4.sS% for demand and sf-S7%@4s74 for sixty
days; posted rates $3.50 and $685.; COM
mercial bills. $4.s614a4. ses4. Silver certih-
Gates soc bid.
Bar silver closed at 5sAc per ounce; at
London. 27Ad.
The total sales of stock wara ITO -eo .h.ras
including the following: American Sugar.
$500; Burlington. $500; Chicago Gas, 1900;
New York Central, 1900; Northwestern q
oW' Reading, 2.600; st. Paul, 1,2e0.
Two-thirds of all the business done on the
stock Exchange at New York yesterday
was distributed between three stocks
sugar. Chicago Gas and st. Paul-and one
third was done in Sugar alone. At the
opening and during the first hour. the mar
ket was weak, but the trading was very
EXCEPT sna th IL t me losses we're = merely fractional,
preferred. which lost / per cent. The grang-
ers participated freely in the decline. easing
London as well as local selling. Before /
O'Clock, the temper of speculation under
t wsIi c ca Tor the better although the
ing. Chicago Gas was most prominent in
the forenoon trading, being In brisk demand
scarce in the loan market and trading had
resolved itself into a mild squeeze, result
ing in an advance of 1s to 7sA. The coal
shares took a. start upward in the second
hour of business and Lake Erie & Western
preferred and Erie Telegraph Joined in the
there was no abatement of the firmness the
market became extremely dull and the up
until about sa'H the b msde ho m e the la pTpg besr
or the day. The harmonious action of the
annual meeting of American Sugar Refining
Company in re-electing the old board of d.
%rectors, although entirely to be expected,
seemed to infuse some life into. the trading
OF the morning, the stock closing at the
highest figures touched and 2s per cent.
market also took on itself considerable
pouyancy and as the upward turn olowed
on the heels of the announcement from
washington or the defeat of the resolution
to close debate on the currency bill, the
strength Of the market was ascribed to that
Delaware 4 Hudson made additional gains
and Baltimore & Ohio, Chicago e. Alton and
others Of the spectalties shared largely in
the general Improvement. The market con-
tinued strong to the close and the last prices
made were in most instances the best of
the day were Sugar. 2ss; Delaware & Hud-
son. Chicago Gas and Consolidated Gas,
"a; Delaware, Lackawanna & Western and
Lake Erie a. Western preferred, 11a; Balti-
more G. Ohio. Lake Shore and American
Tobacco, 1A:tErI. TELEGRAPH, IL; Chicago 4
Alton, 1; New Jersey Central, Northern Pa
ciio preferred, Great Northern preferred.
and Susquehanna & Western preferred, q,
and the grangers, .1sGA per cent. A few
of the inactive stocks recorded declines, in
Guiding Hooking Valley preferred, 2ta and
Pittsburg & Western preferred, / per cent.
Southern preferred lost 1 per cent.
The bond market ruled firm during the
day and business was of moderate proper
tons. The sales were 81, 061, 800. Govern
nAnt bonds were firm. State bonds duh.
The following table prepared by James
IT. Berry. Room 16. Board of Trade, shows
the range OF quotations: