The Indianapolis journal., 1897-05-30
GOOD WEEK FOR STOCKS
SHARE LIST FIRMER AND ADVANCES
WELL DISTRIBUTED.
Promise of Tariff Bill Being Pushed
TraGers-LOcaI Markets Strong.


- = 20 - 10y ''i0'''' 'ii
l,'7' @, l4''I12 pei oe'lI
iitiHS H.sicdHIIe paper "12df per cent.
Sterling exchange was dull and steady
with actual business in bankers bills at
go - -
Sie' Tor demand and $4So@4& for sixty
days; posted rates, $4S612Q4S7 and A.S7a
A,I,. cornr,er,i.,I bilIs "a Sz1,t ez1z
@ la ''''9' 9i''''' 100 n.
h"I SHNei' oO1Sc, ceftlIlcdJeS, 0OHQ60@4c,
Mexican dollars 472sc At London bar sill
y,- closed .t ora. 4 ,,o,. o,,,,,o
.c, " -
me exports OF specie from the port OF
New York for the week amounted to s. $50
On i'm gold and s254 504 i'm silve,. Vha i'm,
90 - ll', ''o,,ool va, -" 'i' Iie III
P'i'9 were Iolu' $4t'o''' SILVER S4o'O9@' ury
goods, $3,UI4,S39; general merchandise, So,
6I- gl-
,-t ~
me New YORK weekly bank statement
shows the following changes:
Reserve increase s617 150
Loans increase S51 490
Specie increase So > n
Legal tenders. increase. ... S0I6o6
DEPOSITS increase e9S e00
Circulation, decrease IS Sr
l,bo h,,1,e. ,,,,. I'll, e,e coe ,oo - -.
'"e ""lihS no" Holu a10,oOo,lUJ IN excess
Of the requirements of the % per cent. rule.
n liS iCiei ga -
"-0 iOt eeHel"ily applec4ateu tlat the
4o'hS OF the clearing house banks OF New
York. despite the supposed depression in
business are far above tbe a,ora,re over
. t5 - - m, -, -,
fo''o'N VI yeas AHe 'otai repol'eu III
iHe current statement for the week ending
Nav 20 S56- ana ION has NOT heeo ecualed
since October no. 1Sl5 The Inference Is that
the banks are IN better position than ever
to meet the revival i'm business winch now
seems close at hand
THE increase i'm the loans was brought
about to some extent by the admission of
the bank - New Amsterdam to the clearing
house it's totals being figured in the state
meut for the first time. So also the in
crease in cash and the expansion of de
10 ~
Eliminating this factor however it is plain
that thu banks are increasing their loans,
while the interior movement is still heavily
I'm favor of New York The REGENTS of
FUNDS for the week were at least 50 600 600
h.t on the other hand the demand for
money is increasing, and rediscounting for
Tie south and Southwest is reported 10 be
heavier. The borrowing of nearly 81 100000
Gl the New York call market by Boston
rIa Iag- week AT ! per cent. was an Incl
dent that excited some comment but the
vrlrs.rfiou v-as a snecial one and in no
,S' -l5i NJ 81 PIi i Ui'T Loi ,i5i9 Al 'i'
Total sales of stocks Saturday were 40. 785
shares including the following: American
Sugar, 300; National Lead, $500; c, G., 9.
10 500. I.3ltiuora a, ohio 13 500; Pullman
4549. Rock Island 4SO0; New Jersey Cen
traI Nqgs
trEoe. traders on New York Change who
graiIa1 themselves of AN opportunity Fri
day 20 cover short contracts for fear of
crr,sb of those hant ON a similar mission
Sgtrrd9v Itare wise The rise i'm prices in
tie general list during the week was suffi-
cient To- have invited more extensive prohlt plt
T -. co ., w 27,,t taies to take profits
were al a minimum Saturday and exercised
no marked effect on prices I Which rTiu IIi
eltaol near me illsueSI "iiJIt hio4 ~ fceling
Of unrest over the indications of strength
in the market. and manifested theH utl-
"Il.NEHess' unueI tSt me i It'll nevt Tues
S., ',t v.bich tino trading is to be resumed
on the sock Exchange. Several special
FACTORS served TO encouras9 tnS 9a 9uS ms feit
a. "9 rlr'N1 ,,It,olll Tor hns{ness Some
a., - ', ' 1,,,t51t cave as their motive
-. 80 - ~. ,sf,Sccr delivered bv the sec
-, of +p, tre5sHrI- on Fridav especially
..t-..r',.,.j,,, ~ coEddence that the tariff
I.r .NltyI ~ 15.,,oso5 of Of an early dav
p.l N9uIH ne uiSP,3cu uiiSPs,,,t ion ti,at some meas
.'N .s'7 u I.,t " ..if,ts,,, 1,,o,IId then he nut
CIT 'L cur. .'ii'E Ietot, f tta h3,,,ino for
I''N,'IN. Soule LTi.[ LTlt 9, -. feotnTa IF the
I'lI.loH aCtouil, WlliCii t. aiso odded strength
S'il,'I uaNE 't tl1T ~. a 1eSe yrcre remark
~. .Ng l,i''l m 49, S11r,ber of stocks
auiN Wei uiS1IlouleN, 1,a,1,r yn,,cb laroar
nose SudIeS we're 9CU ~ 80 ,,otnvCorfhv
IMAM Tor some liule. ue . niUA riitnois CON.
eall.S al tle hl8h potnt TV5 IA Canada
tr1l pa. Tobacco ll2' i1edu, l7s1 - 9N't
Southern, Ia. and BuFpnSto . 1Gl s. ~ w. ~SS'
preferred. Pullman ana tteduIIS ,o III - reaI 20
4trl,Q a point etch- !eIt ,,,'9 ;+e ,1a+
lZng I'm New Jersey SellIleiii Ctt,,l;,9,ati
loss was only s. CleNtldIu ~ NllIl-.i nc o,ej -;
lost ga. closing at "A Lake Shore adVance'
2 20 lf1 bid without encltlhS any oAels'
SroTES AND BONDS FIRM
=, = .+oo1,s and bonds has
lNe market lOi -, -
been notably firm and strong ah "eeh'
4bofob ,1a dealings were a good deal de-
- uho d,urees came At