The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-01-31

The past week has been one Of more than usual
activity in the local securities market but the
week Is not significant alone for the actual bust
ness done since last Saturday. There is some
thing equally as important. The renewed activ-
ity In the demand for stocks demonstrated this
week is generally regarded the first tangible
development Of oft-repeated predictions that the
early weeks of the year 1904 would record the
development Of more business in local stocks than
had been for time past The past
week has proved these predictions true. Bonds
have been active in the local market for some
time. but not until the past week ten days
has there been such evidence of renewed activ-
ity in stocks Sales reported TO the Exchange
this week aggregate AZ shares of stock and
o,ooo Of bonds as follows: Seventy-seven shares
preferred at 1o5. 20 Home Brewing Company at
III. loo Belt common at 110h, 20 Belt common
Indianapolis Traction & Terminal at ga 10 In
diana Trust at lS2. and % Atlas preferred at
dianapolis Gas skies at 105 5000 indianapolis
Water nSes at par: an, and $1,000 Union Traction
ness reported 70 the Exchange, Washington
street house sold PSI shares OF stock and So 600
change SO the weeks business in local securi-
ties amounted 10 more than 200 shares OF stock
Just referred to as being sold in the open market
and not reported 10 the Exchange: $4,000 Indian
sRS artnsv ID1rs ve al at q s a
Atlas preferred at LOG, u shares Brown Ketcham
A. par. 50 shares Belt common at ios1t. 30 shares
Indianapolis street-raiiway price not given)
:
The advances for the week include Columbia
National Bank. az points. TO 10; Home Brewing.
4 point 20 49, Indianapolis Street-railway. q.
point to s21.; Union Traction preferred. 1 point.
q CO. Union Traction common, y point. TO 9Ols
and Indianapolis Gas skies, y point, TO 1o4i3.
Belt common reached n new record high price
the arst part OF the week-11i-and 20 shares were
sold at that figure. There were no sales OF Co
iumbia National at any stage OF the 4Is-point
dianapolis Traction & Terminal. az S7iz. was the
first activity OF this issue on the Exchange for
some tine.
Clearings OF the Indianapolis banks and trust
companies during the month OF February were
more than s2.0Oo.OO0 in excess OF the olearings
with S25. 4S4 CO the corresponding month last
year, a net gain OF s2,0l2sl523.
A W. Thomson Hrom Logan & Bryan's Wall
street House. 1.-THE stock market for next week
viii be governed by war news and the money
conditions Probably il will be and con-
tinGe In about the same groove Stocks are very
large.
A. r. Thompson & Co. Orrom a. o. Brown &
co)-some OF the largest houses in the street.
particularly those with connections with we'll
known interests. are expressing the opinion that
the stock market viii probably halt until there
Is evidence OF Improvement Of staple character
IN the iron ard steel trade.
Porterfeld & Consuming up the weeks de-
veiopments in the stock market there is little
change worth recording. The first the week
saw advances al around Sugar advanced sew
erai points 10 1913. Steel preferred got around
g. and the railways gained from 81 So AS
the end Of the week approached there suf-
lcieat war news % cause some realizing and
some OF the advances We're lost
A. W Thomson has just issued his annual
.'Tfed Book and pocket edition OF the '.Red
Book" which he has termed Our Red Book
Annex" The RED Book Is a large pamphlet