The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-12-07
GAINS IN STOCK LIST
NEARLY ALL SHARES CLOSED AT
ADVANCES ON 'CHANGE.
Dectded Strength in sympathy With
Stronger London Prices-LOcaI
Trade Satisfactory.

At New York yesterday money call was
steady at 2d2is per cent; last loan. "a per cent.
Prime mercantile paper, 3AQ4 per cent.
Sterling exchange steady, with actual bust
ness in bankers bills at $4.S Q4S41s for demand
and at s4.s11z94S1A for sixty days. posted rates.
$4S294.s2s and s4S5hQ4S6; commercial bills.
$4SOh.
Silver certificates. sO14@s1Kc: bar silver.
50 l1-lsc; Mexican dollars. 1880. At London bar
silver closed steady at q 9-16d an ounce
Sales OF stocks $751; GOO shares, including 1925
Atchison preferred, 1000 Central Pacific, II, 935
Chesapeake & Ohio 1855 Chicago Burlington G.
Quincy, $500 Cleveland, Cincinnati, Chicago &
st. Louis. $40 Delaware & Hudson s,625 Louis
Vile s. Nashville, 4275 Manhattan, 9,2O2 Metropol-
itan, $50 Mexican Central, 20. 100 Hawaiian pre-
ferred, &c. 97s Northern Pacific. 7,722 Union Pacific,
6,1EO st. Paul. 77s5 Southern preferred, 5sOS Union
Pacific. $3.50 Wheeling & Lake Erie. 1906 Tobac-
co. 1896 Federal Steel preferred, 5000 Consolidated
Cas- SO1O Lnseed $500 Pacific Mail. 56.5S2 Sugar.
1000 Tennessee Coal and Iron
Fractional gains throughout the list were the
result of yesterdays trading on New York
Change. The decided strength Of the early mar
ket was in sympathy with London's improved
prices and London small purchaser
balance. Profit taking at times checked the adj
vance in the local market, which became dull in
the afternoon, with quotations generally well
off usual on the announcement of the regular
dividend disbursements The transactions in this
speciality were very large and covering of shorts
brought about full recovery to the best advance
OF the day, leaving the price point below yester
day. The feature of Importance was the coaers,
which were buoyant on the assumption that
new trade agreement would be in effect next
month. Delaware 81 Hudson especially strong
on reports of the probable continuance of the
present rate of dividend to be declared next
month. Pacific stocks strong and at periods
OF depression in the trading rallied the rest of the
list. Contra. Pacific rose "a points on the dis
semination of report that the government might
extend the time for that road to pay it's obliga-
lions to the government. The action of the days
market reflected the continued operations, as for
some time, of large speculative interests having
diverted their operations into low-priced shares
which give promise of increased or impending
dividend Disbursements Considerable amounts OF
stock ruling in the forties were taken in hand,
conspicuous samples being Cleveland, Cincinnati,
Chicago St. Louis, Southern preferred and
Northern Pacific. The granger group showed
spurts of activity at times and moved in SYM
pathy with the general market, although improve
ments as a rule were less pronounced. Manipula-
tive orders distributed freely among the
high-priced speciaties. the course of Sugar,
Tobacco, Metropolitan and Consolidated Gas be-
ing striking features. The latter stock exhibited
marked heaviness and closed with decline Of
points.
The bond market showed decided strength at
many points, operations in some of the recent
favorites being on a large scale. Total sales.
N4130o0 United States new tours and the f1ves.
registered, reacted u and the hves, coupon, u
per cent in the bid price.
The following table, prepared by L. W. Louis.
Room II. Board OF Trade, shows the range of
quotations.: