The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-03-25
NET GAINS IN STOCKS
BUSINESS ACTIVITY on CHANGE
LIMITED TO a FEW SHARES.
London Prices for American securf-
ties Came Lover-LocaI Mar
kets Frightening Up.

A New York yesterday money on call was
easy at 3G8le per cent: last loan. 3; closed.
5d3Iz per cent.
Prime mercantile paper. 516 per cent.
Sterling exchange was firm. with actual
business in bankers bills at A.S8M4sSA for
demand and si.s7q4s7h for sixty days; posted
rates. $i.s71zuIss and $3.50: commercial bills.
$L.s6A-
Bar silver. 6S4c; silver certificates. $50
s9c. At London bar silver was SlAd per
ounce.
Sales of stocks. ISL i5 shares. including:
American Tobacco. 10.700; Sugar. 1900: Bur-
lington, 1900: Chicago Gas. 1000: Distllirg,
$3.50; General Electric. $500; Louisville &
Nashville. n.so0: Rock Island. $500: 81. Paul.
zi.f0.
Although the dealings in stocks yesterday
showed Improvement over Mondays record.
manipulation was no less potent an influence.
and the trading reflected indecision on the
part OF the professionals Business was in
inherently distributed. out although sugar
osershauowed any oIner individual stock in
po-nt OF activity, the railroads attracted
rather more attention than the .ndustrials
as a group. London prices came lower for
Amer.eans. ana Inc foreign oealers sold Sc
c~urities. ana c-i.sny 81. 4-auI and Louisville
~ Nashville IA. t.Gr New Iorn uudrAet. ms
Tact, anu dh ADVANCE IN Iorefgn exchange
RATES Qdl a Disturbing -lHlAuClCO OH pf1ESc.
ine strength "a eAcnahge III the face OF the
comparatively moderaIe demand caused UNI
Iasoraoie slgnincance 10 attacn TO the con-
tnueo Foreign selling, which, IL was reared,
might cause a rise III rates TO the gold ca
port point In audltlOn. stress was iaId Dy
me Professionals in me somewhat unsatls-
factory. condition OF railroau rates M tie
West ana Northwest and on the old topic OF
the light movement or corn On the other
hand, the money market exhibited a slightly
easier tendency ana money lenders were re-
ported to be more disposed to Guy CONNER
ciat paper, aitnoush the lines as 20 the
quality or the collateral were as keenly drawn
as ever Tne conflicting Reports IN reiauon
10 the crop prospects usually incidental to
this tune OF the year are beginning 10 be
noted On the otner hand, IL is said that
the abundant snowfall and rains All over
the country have improved the outlook for
winter wheat. On the other, IT is argued by
authorities that considerable damage had
been done TO the crop owing 10 the rapid
changes In temperature. Other unfavoraDie
factors are the prolonged uncertainty OF
European politics and the innammatory
tenor OF the discussions in relation 10 the
cuban question at washington. Liquidation
was apparent In a number of stocks. and
the traders were on the alert for weak spots.
Beside being the leader in activity. Sugar
displayed the greatest weakness, Offering ut
ne resistance 10 an attack based on reports
OF unfavorable trade conditions. The recess
sions in the general list were less important,
and ranged up to / per cent. in Tobacco and
Burlington. At the low level shorts were
liberal purchasers in the afternoon dealings.
and under the leadership of Sugar and Cni-
cago Gas the entire list improved. The first
mentioned rose to 15 and the latter ad-
vanced ~ per cent, reacting fractionally at
the close The movements in the railway
list were within a range OF ! per cent, with
Burlington, Rock Island. Louisville & Nash
Vile ann Manhattan conspicuous in the rally.
Speculation left of strong in tone, with
snght net gains in most instances.
Prices OF railway and miscellaneous bonds
sagged during the greater part OF the day,
but towards the close there were evidences
of support in a few issues. The aggregate
dealings were $1,215. 000.
III following laDle, prepared by l.. w.
Louis, Room IL. Board OF Trade, shows the
range Of quotations.:
Open High Low Clos
ing est est inn