The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-03-14
SHARE LIST IS LOWER
LACK OF STRENGTH IN RAILWAYS
AND TRADING NOT HEAVY.
Some Of the Neglected Stocks Made
Jumps and Southern Railways High
er-LocaI Markets Were steady.

At New York yesterday, money on call
was frmer at 212q4 per cent; last loan, 2l2.
Prime mercantile paper. S14q44 per cent.
Sterling exchange was easier, with actual
business in bankers bills at 81 s512a4.So34 for
demand and at S4.S312Q4sS94 for sixty days;
posted rates, $4s4l4a4S5 and s4.SoisQ4s7;
commercial bills, s4.S215Q4.S5.
Silver certificates nominally 59lzqeol2c:
bar silver, $3.50; Mexican dollars 4712c. At
London bar silver closed quiet at 2712d an
ounce.
Total sales of stocks were $50, 900 shares,
including the following: Atchison preferred.
1881; Central Pacific, $500; Burlington. 1858;
Louisville & Nashville, 1926; Manhattan,
1915; Metropolitan. 1913; Missouri Pacific.
1890; Missouri Kansas 81 Texas preferred,
$3.50: Ontario & Western, $780, Reading
4O45; Reading first preferred, is, 700; St Paul
20; Southern, $50; Southern preferred. H.
4S5; Southern Pacific, 400; Union Pacific,
1915; Union Pacific preferred, 500; Ameri-
can Steel and Wire, 1871; American Steel
and Wire preferred. 1920; Paper $500; To-
bacco, 1854; Federal Steel, $50; Federal
Steel preferred, e, AS; Peoples Gas $3.50;
Consolidated Gas, 6,465; Colorado Fuel and
Iron, $3.50; Brooklyn Transit, q, $50; Sugar,
34.515; Tennessee Coal and Iron, 1900
The New York stock market generally
worked fractionally lower Monday for the
railway list with the most activity in the
specialties, which on the whole were well
supported. Tobacco was a feature with
rise of points net. American Steel and
Wire and the iron and steel shares gener-
ally were conspicuously strong in the fore
noon, but later lost ground. American Steel
and Wire preferred went up points in
ly developed, and the stock eased off on
-ealizations. Metropolitan Street-railway
showed alternate strength and weakness,
while Third-avenue was decidedly feversh
and ended with a loss of IL each. Talk of
rate cutting among the local New York gas
companies brought liquidation in CONSOLE
dated Gas, which ended with a loss of 8
points. Among the usually inactive stocks
there a jump of points in Flint *
Pere Marquette, while Great Northern pre-
ferred rose 6la, half of which 1t subsequently
lost Strength appeared among all the
Southwestern railways. and Southern Rail-
way preferred got up points. losing half of
II. There was comparatively little doing
among the anthracite coalers, and Lacka-
wanna and the Reading seconds were ma
terially higher, while the rest were fraction
ally up. The general railway list was irreg-
ular and with the rest of the market eased
on the bidding up of call money to per
cent. In the last hour. The rate for call
money, however. eased off and closed 21243
per cent, but the market closed weak Ad-
vices from the interior reported a plethora
Of money in various sections, in some cases
attributable to sums received for industrial
concerns taken into the larger combinations.
Over $l,00,000 in gold was received from
California too late to figure in last week 5
bank statement London'S transactions We're
in small volume, purchases apparently
slightly exceeding sales.
While the aggregate of bond trading was
| consfd erably below recent sales, there was
| no abatement in the confident operations
| Texas Pacific seconds were in brisk demand,
| rising to "a. but sagged later Total sales,
| s., 100000. United States old fourS and the
| fives advanced "a and the threeS Is in the
bid price.
The following table, prepared by l.. w.
| Louis, Room H. Board of Trade, shows the
| range of quotations: