The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-04-25
TRADING WAS LISTLESS
EARLY Squirt IN S~PECIALTIEs AND
THEN PRICES FELL OFF.
stock Market Not Affected Ivy Threat
ened Quarrel with Germany
Local Trade Active.

At New York Monday money on call was steady
at 394 per cent; last loan. 4 per cent
Prime mercantile paper, 3h94k per cent.
Sterling exchange was strong. with actual bust
ness in bankers bills at s4.S7k for demand and
at A.s5d4s5A for sixty days: posted rates. A.s5ia
G4.ss and s4s71zq4ss; commercial bills. As4A9
ASS.
silver certificates. COS bar silver. $3.50;
Mexican dollars. FAC. At London bar silver
closed firm at q s-1ed an ounce.
The total sales OF stocks Monday amounted to
$40. 492 shares. including: American Smelling and
Refining. $500; American Steel and Wire. $500;
American Sugar. SO, 300: American Tin-plate. 1900;
Anaconda 4s. 500: Atchison preferred. 1920:
Brooklyn Rapid Transit. 300; Brooklyn Rapid
Transit rights. 1860: Burlington. II. 700: Chicago
Great Western. 1880; Colorado Fuel and Iron,
1850; Columbus. Hooking Valley & Toledo. 1900;
Consolidated Gas. 800; Continental Tobacco.
5000; Continental Tobacco preferred, $500; Dem
yer & Rio Grande. $500; Denver G. Rio Grande
preferred. 500; Federal Steel, 1890; Federal
Steel preferred, $500; Glucose Sugar Refining.
900: Louisville & Nashville. 1850; Manhattan
Consolidated, 70. 400; Mexican Central, 400; Mis-
souri, Pacific. $500; National Steel. 20. 400: Nor
folk & Western. 10. 500; Norfolk & Western pre-
ferred, 5000: North American, 800; Pacific Mail.
300: Peoples Gas and Coke. 200: Reading first
| preferred. 400; Rock Island. 1900; st. Louis
Southwestern preferred. $500: St. Paul. $500:
Southern Railway preferred. 1.6o; Tennessee
Coal and Iron. $500; Union Pacific preferred.
$500: Western Union. 1880; Wheeling & Lake
Erie. $500.
Trading was Of a listless sort to-day and except
for an early squirt in the specialties prices
dropped to the end. when the tone was weak.
| Smart rece ssions appeared in many stocks. while
most OF the active list was lower. No very
IL. $1,000 a. ~ nfrap 30 y
protest of the German ambassador against the ut
terances OF a naval officer just returned from
Manila The strength Of sterling exchange at
tracted some attention. continuing as it does in
spite Of comparative easlness of money. which
ranged from 3 to 4 per cent. for call loans. The
favorable bank statement Of Saturday failed to
arouse a noticeable increase in outside interest
in the market and the bears accordingly reasoned
that 1t was opportune to try some short ventures.
Anaconda Mining was very strong. rising eight
points. only one OF which II lost before the close.
The advance in Anaconda was associated with
reports Of some deal in connection with a copper
combination; moreover copper advanced abroad.
London was a seller of some 30 ZOO shares OF
stocks. and selling came from New England and
the West. as we'll as from ONE large traders who
recently had been heavy purchasers. Commission
business was very light. Crop uncertainties may
account for the h~esitancy in the market and
private crop advices were said to have been re-
ceived which were not altogether favorable. This
received some credence because OF the hrmness
of the wheat market The market was altogether
uninteresting and almost featureless.
Irregularity cropped out in the bond market.
but the changes generally were narrow and there
was a consistent demand for the newer issues
at improved prices. Total sales. 1905. 900. United
States new fours. coupon. and the fves. coupon.
4 oduorcad II and the fxaC etc 4 -, tbn
bid price.
Room IL, Board Of Trade. shows the range OF
quotations: