The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-02-24
LOCAL STOCKS AND BONDS
ATLAS ENGINE WORKS PREFERRED
STOCK REPORTED SOLD AT 1O7.
First Session of Exchange Since Fri
day-ChnnGe i'm the List-LOcaI
Financial Gossip.

with reports OF much business ION the curb.
or in the open market but sales were
ported at he session of the Stock Exchange
yesterday The session yesterday was the first
since the last Friday. The same. for
time past. the activity in the bidding
the exchange was in few of the leading stocks.
the prices OF issues including the bank
and trust company stocks, remaining firm, but
practically unchanged.
The sale Of a block of 100 shares of Atlas En-
CINE Works preferred stock at 107 by one Of the
Washington-street houses indicates renewed
demand for this issue. on the exchange yes
terday the bid was advanced to 1O424. No stock
came out on the advance and none was offered.
Recently the ask price unchanged at 1o7
for time. The sale at this figure of 100
shares was not reported the exchange.
The bid prices for both the common and pre-
ferred stock of the Union Traction Company
at smaller discount from the ask prices
than they have been at any time on the advance
in these issues. The bid for the common yes
terday on the exchange was "a. with the ask at
S51z When the bid down at 80 the ask
price was three points away, but it has advanced
less rapidly than the bid. The same is true of
the preferred The bid for it yesterday 70.
with ;he ask price a: 70. The ask has been at
this figure for some time, and has not gone up
with the bid. Ten days ago the bid for the
preferred was around So. discount Of about
points from the offering quotation. good deal
of activity in both the common and preferred is
reported.
+ :
The indianapolis Abattor preferred stock prob
ably will be quoted the exchange to-day The
issue was listed last week, and IL had been the
intention of the members of the exchange to
establish first quotations 1t yesterday. But
one member asked that the matter be postponed
apols Abattoir Company amounts to 100000 and
is per cent. dividend basis, payments
semi annually.
The annual meetings of the Union Traction
Company of Indiana and the Indianapolis North
ern Traction Company will be held at Anderson,
March 1. The meeting of the former company
will be held first. at 10 o'clock. Notices of both
meetings have been issued Concerning the meet
ing Of the indianapolis Northern Traction Com
pany the notice to stockholders says:
"Uncer the consolidation agreement between
the Indianapolis Northern Traction Company and
the constituent Traction Compsny of Indiana.
shareh olders of the consolidated Union Traction
Company of Indiana entitled to vote at said
meeting of the indianapolis Northern Traction
Company their shares of capital stock of said
consolidated company 70 the extent of thirty-hve
! eighty ffths of the par value thereof"
Midland Portland Cement common stock de-
clined 2lk points the ask price yesterday and
the preferred points. The bonds showed a
decline. also, of Pa points the ask price.
Indianapolis Northern fives showed a loss of
1 point the bid price. and Indiana Hotel skies
declined a point on the bid to %.