The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-04-14
MORE POOL BUYING
SERVED TO ADVANCE PRICES IN
SEVERAL STOCKS YESTERDAY.
No Prospect of Further Gold Exports
at Present-Better Local Market
u and Prices Firm.

At New York yesterday money on call was
easy at $685. per cent; last loan, 3; closed,
per cent.
Prime mercantile paper. 515G61z per cent.
Sterling exchange was heavy, with actual
business In bankers bills at s4.sSizd4Ssz for
demand and $s7ssG4 for sixty days; post
ei rates. $4sS1z@iS9 and SiS91sQi 90; CONNER
cial bills. A.s7.
Bar silver. CSC; silver certificates. 6Sd6S15c.
AT London. bar silver Closed at 81 l-16d per
ounce
Total sales Of stocks were 16s,5 43 shares, in
Guiding: American Tobacco. 25.C00; American
Sugar. &c. 800; Burlington. $500; Chicago Gas.
1890; Distillng $500; General Electric. 500;
Louisville. $500; Reading. IS 400: Rock Island.
$500; Southern Railroad. 3.lC0; Southern Rail-
road preferred. 400.
Yesterday the stock market reflected a
more hopeful view Of the immediate out
look. although the trading was only moder-
ate in volume. The transactions were fairly
well distributed. and substantial advances
An prices occurred in some instances. The
traders appeared to disregard a renewal of
the special gold exports to Europe The
nrm which has recently made two ship
withdrew from the subtreasury S1O0. COO
which Will be forwarded TO Germany by to-
1osts bv the bonse in ,,sst;o prsv a, hex
followed by Withdrawals on one of the gov
ernment depository banks. The favorable in
huences bearing on the market included
the more seasonble weather, a belief that a
conservative attitude will be maintained by
the President on the subject of the Cuban
troubles and expectation of an early ijourn-
ment OF Congress. The last theory Is based
on the probable desire of members OF Con-
gress to make preparations for the national
campaign. Another encouraging develop
ment was further ease in the sterling ex-
change market demand declining to si.ss1a:
Il e believed that at the figure mentioned
change operation. The suspension of a
formerly prominent bear house failed TO
cured regarding the crop outlook at this sea-
son are favorable. In several stocks pool
buying served TO advance prices. Dealings in
although furry In Reading occurred In the
coalers- London was a moderate seller OF
st. Paul, but all offerings were readily abb
eorbed. and later in the day purchases of
various stocks were noted for foreign ac-
count. Sugar led the market In point of ae-
was attended by further advances In the
price OF the product Partly on this account
and on pool buying an advance of per cert.
rs per cent. Chicago Gas gained rs on con-
tinued suggestions OF probable early divi-
dend payment. Tobacco fiuctuated. as usual
in an eccentric manner and left off with an
improvement OF a point II was noted that
brokers for insiders were the principle sellers
OF tae STOCK TO-DAY, ~niig the buying was
securities OF the Stock Exchange has ruled
that due bills must be given both for the cash
and for the scrip dividends. the receiver of
the due bill being entitled to demand a cash
deposit by the maker. The dividend scrip
vas quoted to-day at 55q55c: Consolidated
were scored In several other specialties. In
the late trading the anthracite shares at
tracted attention by substantial gains on a
moderate volume Of business. Readirg ad-
vanced 2h. New Jersey Central and Sus-
quehanna q Western preferred Ia per cent.
The buying was considered TO be OF invest
ment character. based on anticipation of i'm
provement in the anthracite trade. The clos
Ing was. strong in tone, with prices at the
top notch.
Bonds were strong and higher on increased
dealings Atchison and Reading issues were
the most active. with the last-named securi-
ties conspicuously strong in the late dealings.
The sales were 81. $4,000.
Government bonds were quiet but firm on
transactions OF $50.000.
In state bonds 5000 North Carolina skies
The following table. prepared by L. w.
Louis Room l3. Board Of Trade. shows the
range OF quotations: