The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-10

4.Ssh; commercial bills, s4S7.
Silver certificates, $3.50 bid; no sales; bar
silver. 591ac; Mexican dollars, 49lac; at Lon
don bar silver was 27 5-1sd per ounce.
The weekly bank statement shows the
following changes:
Reserve, ecrease. 50 e5 275
SSZis, 5.7oS.SO0
specie, increase 7OS, 400
IIesai lenders, decrease......"..... 6,746,300
t,epoSits, decrease. II, 120, 500
circulation. Increase ..... 1873. 400
The banks now hold $333, 700, 22S in excess
OF the requirements of the % per cent. rule.
Imports for the week: Gold, s23, 225; silver.
NS.l2s; dry goods. ss.513. 233; general mer-
cnandise, s6,1Si. 962. Exports of specie from
The port OF New York for the week amount
Cd to $SO.3a in gold and $sS, 900 in silver.
Total sales of stocks were 64,2Ss shares,
iscluding: American Sugar, II 800; Burling-
ION, $500; Chicago Gas. 800; General Elec-
tric, 1900; Louisville & Nashville. 5000:
northwestern. $4,000; Rock Island, 1000; st.
Paul, 1900; Western Union, 1900.
Ihere was a reaction from the severe de-
depression of Friday on the Stock Exchange
saturday. At the opening prices We're gen.
eraly a traction higher. but the improved
tone or speculation was not of long duration
and before the end of the first quarter of
an hour the market had BECOME dull and
Northwest railroad was made public about
this time, showing a deficit of 81, 656, 99S
soaAiist a cufPluS u fOSU,l Of LOT the year
1893, This led to a selling movement in
that stock which was quickly communicated
Continued co tine ffs to o. decline Inc a to the , eIdse an the pf foei
sales being at or near the lowest figures
ticns. opening u higher, advancing 4, then
breaking X and closing rs below Fridays
last price. Sugar made a net loss of *.
The trading interest Of the list was light.
Declines were established in Tobacco pre-
ferred. 17s; PittApurg, c., G. & st. Louis.
On the week the stock market has been
dull, the sales aggregating only 1880
ward, prices beginning to sag the very first
day in the week, the depression being large
~ due to the delay in announcing the gov
heaviness of speculation were the defeat of
the Union Pacific funding bin in the House
Of earning es' of w Western aeraVp roads.
London was a seller of all the international
securities, notably Union Pacific, which broke
2 per cent, with subsequent recovery of rs.
DiStilling was a notable exception to the
general market atsthe opening, being strong
dent Greenhut would be deposed from the
receivership of the company and making a
further rise on the accomplishment of the
The defeat of the Springer bill in the
but the Street had largely discounted the
result. Late Friday afternoon the market
received a setback, general disappointment
being felt that the government loan should
be only $50. 600. 900. and also by reason of the
bonds at a price less than 3A per cent. when
S1a per cent. was the highest figure which
had been spoken of during the negotiations.
The Cordage shares continued their down.
ward career and sales We're made at the
lowest figures ever touched. The principal
changes on the week are: Declines-Cord-
qge. guaranteed. 3ss; Cordage. preferred. 2;
Lackawanna, 3ss; st. Paul & Omaha, SA;
Chicago Gas, Northwest and Norfolk &
Western, 2A.. and Lead and Susquehanna &
Western. preferred, 2.
MISUNDERSTANDING, c.. c. & st. Louis,
preferred, 2A; st. Paul & Omaha, preferred,
National Starch, first preferred, and Alton
& Terre Haute, 2
The bond market was quiet, Saturday, the
sales aggregating only $S4S,000. Some of the
usually inactive bonds ruled lower. The
main declines on. the day are: United States
Leather skies. Toledo. st. Louis & Kansas
City first trust receipts and Union Pacific,
Denver & Gulf firsts. 2 per cent. The mar
ket during the week was only moderately
ward. The more Important losses were:
Omaha 4 St Louis SIR t s,v 10 per eiv; sent; e M9r-
Z; Kansas Pacific consols skies, .; Scioto
Valley, 4M Evansville & Terre Haute
firsts, AZ; Union Pacific. Denver g. Gulf
firsts, 80; Erie second consols, Ohio South
orn tours and Michigan Central tours, 8;
Northwest sinking fund debentures lives,
registered, of 1898, rs; Union PACIFIC gold
skies and International & Great North
ern seconds, 21s; International & Great
Northern firsts, Baltimore & Ohio fves,
Louisville & Nashville fves, Toledo. 81.
Louis & Kansas City first trust receipts,
Toledo & Ann Arbor first trust receipts.
Wabash firsts. Detroit & Chicago extension
and United States Leather skies, = per cent.
Advances-Wisconsin Central firsts and New
York & Putnam frsts, 2la: Northwest ex-
tension tours and Louisville & Nashville
Pensacola division fyes, IA.
. Government bonds were steady. state
bonds were inactive
The following table. prepared by James
i. Berry, Room 16, Board OF Trade, shows
the range or quotatfons:
nna,- TT;vb- T our- Cfa~