The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-27
STOCK LIST RAIDED
DECLINING TENDENCY SET IN WAS
ONLY PARTIALLY CHECKED.
Closing Quotations ON 'Change Lower
Than on ACKNOWLEDGMENT
Markets Have N Better Tone.

At New York, yesterday, money call
was easy at liz per cent.
Prime mercantile paper, Siz@41s per cent.
Sterling exchange was strong with actual
business in bankers bills, siSSs4G4.Ss for
demand and at s4.S704s7i5 for sixty days;
posted rates, s4.Ss@4Ss1z; commercial bills.
$i.S66l4 S6t4.
Silver certificates, sossc; bar silver. sossc;
Mexican dollars. 4Shc; at London bar silver,
q 11-l6d per ounce.
Total sales OF stocks were 140.70S shares,
including the following: American Tobacco,
1900; American Sugar, 2S,7e0 Burlington,
$500; Chicago Gas, 1880; Distillng & Cattle
Feeding, 10,700; Louisville &c Nashville, 5000;
Missouri Pacific, $500; New Jersey Central,
400; Northwest, 13,400; North Pacific pre-
ferred, 400; Rock Island, 3,400; St Paul,
5000; United States Cordage, $500; United
States Cordage preferred, 2,400.
There was moderate volume of business
on the Stock Exchange yesterday, but the
trading was unsettled in. tone and the clos
ing prices were in a majority of cases be-
low the final sales of Monday. Speculation
opened dull but firm and light gains were
made. A raid on Chicago Gas was soon
made which sent that stock down 1850 and
weakened the general market. Tobacco and
New York Central sold off Nc; Missouri
Pacific and Manhattan, Ac; Sugar &c, and
other shares, 21a per. cent. Canada Pacific
The declining tendency was checked be-
fore III o'clock and a rally OF 1s@A took
place place lee, led by the cordage stocks which
believed, being for the account of new
bull pool. On the purchase of 100 shares,
ing noon some of the industrials, Including
Sugar, Chicago Gas and Tobacco fell off
,a0%, and Louisville & Nashville lost IL
and a few of. the straight list smaller
fraction but the market quickly steadied
itself. and during the hour following noon
up ~ and the general list 1s@5s exceptions
being ST. Paul and Omaha and Northern
Der, ". A drive against the Changers was
made about L o'clock, which was chiefly
toward Northwest, that stock giving way i;
burlington G. St. Paul. ss, and Rock Island,
a. The depression was communicated to
the rest OF the list, which receded 1sQss.
After delivery hour the market became
which ranged up to x, speculation being
fairly steady at the close. Susquehanna &
early afternoon and broke AZ. with a final
rally OF ~ to 3611. American Elk ress
dropped q but recovered 1. Adams e press
declines on the day are Northwestern, New
York Central and Consolidated Goa / per
of the Chicago aldermen in granting fran
chises to another gas company and to an
ferred. 25s, and Susquehanna e. Western
Of 2lS, and Canada Pacific. s1s. London don
and mainly as seller of the interna tionai
epecialties. The market, as whole is
almost entirely in the hands of professional
There was a fair amount of trading in
bonds yesterday and in the early part of
the day prices sagged off. but in the late
session firmer feeling prevailed and the
closing CLOSING was IN good tone. The aggregate
are: Advances Susquehanna 4 Western
reminding fives, 81 per cent; Cordage flrsts.
rs: LOUISVILLE & Nashville, New Orleans
N Mobile firSts d.. a ~
England tours. 2A. Declnes-Northern Pa
enc thirds, 3A r. cent; Toledo, ST. Louis
& Kansas City rsts q ,'A
Government bonds were firm. State bonds
We're dull
The following table. prepared by James
r.. Berry. Room 16, Board Of Trade shows
the range OF quotations: