The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-12
STOCKS WERE STRONG
LIGHT TRADING ON CHANGE, But
PRICES RANGED HIGHER.
Led In Activity-LocaI Grain Mar
kct Unchanged.

At New York, yesterday, money on call
was easy at 1lsq2ls per cent; last loan, q
closed at q
Prime mercantile paper. 4d5lz per cent
Sterling exchange was dull and easier,
with actual business in bankers bills at
"a. s91sfl4. S9ss for demand and s4sS04 S8A for
sixty days; posted rates. s4.sst1@4. ssla and
$4.9o9490iz: commercial bills, sIs74@
4s7ls.
Silver certificates. 67lsMs7Ac; sales, $780,
900; bar silver, 661Hc; Mexican dollars, &c.
Bar silver at London. 30ssd per ounce.
Total sales Of stocks were 124,1n shares
including: American Sugar, 1910: Amer
lean Tobacco, 800; Atchison. 400; Bur-
lington, $500; Chicago Gas. 1900; General
Electric. 10000; Manhattan. 400; New Jer-
sey Central. $500; North American, 4.5Oo;
Reading, $500; st. Paul. 800; United States
Leather, 1900. preferred, $500
The stock market was strong again yes
terday on light trading and higher range
OF values was established In most of the
stocks dealt in on the exchange. In view
of the closing Of the board to-day and of
the London exchange until next Tuesday
morning. the transactions for the foreign
account was limited The only stocks
which were at all active were Chicago Gas.
Sugar and General Electric. The. announce
ment that the rev board of aldermen of
chicago had repealed the ordinances grant
ing franchises to the Ogden Gas and Cos
mopolitan Electric companies. which were
antagonistic to the Chicago Gas Company
and that the Mayor had approved of the
iTepeeai, INDUCED heavy buying movement
In chicago Gas In the early dealings which
sent the stock up 1ss per cent. During the
afternoon Chicago advices reported that
the repeal to be void as 1t would abrogate
contracts which have been entered into by
the company, and on this the liquidating
As result the stock reacted per cent
closing at a rally Of IL per cent. and a
which is u below Wednesdays final sale
eonned to the hodera who desired ans ~
realize profits and shorts who wanted to
close out their contracts over the holiday
report originating in Boston to the effect
that the General Electric and Westing-
mouse companies had reached a basis OF
after an early decline of 81 per cent. and
moved the shares forward "a per cent In
IN. nnet afternoon sT trading 2 break Of per
Lea 70 selling. goodly part thereof being
Tor the Boston account. A final rally Of
on the day u per cent. New Jersey cen.
ttral was sold down " per cent in the OPEN
a ing trading but on covering by the shorts
OF the highest and u up on the day The
leather shares, made further gains, the
The general market closed steady tie al and I1 Ia
IN per cent. higher on the day, the lat
ing merely fractional. Some few shares
snow losses including Cordage guaranteed
Us and Wheeling & Lake Erie preferred
and Susquehanna e. Western preferred l.
ne bond market was active and strong
curing the DAY. Atchison was the feature
OF the dealings and on purchases aggre-
eating $4,000 the seconds jumped per
cent. 20 zig, and the fours Ia to 20. At the
ciuse they were quoted "a below the high
e est oS Of the day. The total sales were ST.
We're Inactive
The following table. prepared by James E.
range of quotations: