The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-01

features. Money is strong at per cent, and
were it not for the well-known reluctance OF
bankers to make loans the demand would be
very active. Counter business was little bet
ter than in the early part of the week. We
quote exchange at 25c discount for Western, SOC
TO 81 for Eastern.
The New York Money Market-Stock Trans
acknowledging Prices of Government Sc
curities- Quotations of General Stocks
NEW YORK, Aug. 31.-Money easy at "a az q
per cent; closed offered at per cent.
Prime mercantile paper, Shoe per cent.
Dry goods imports for the week. $2,62S,0oo.
Government bonds steady.
Railroad bonds firm
State securities dull.
The stock market continued feverish this fore
neon, and there were some pretty wide tiuctua-
lions in Louisville and Nashville, and Northern
Pacific, but, on the whole, the advance estab-
iished yesterday of 1 81 to per cent on the gen.
eral list was more than maintained, and Mt one
time, about 1890, prices were even a +" per
cent above the closing figures last Dight, though
this advance was about lost by IL O'Clock, and
partly fegained again by 1890, leaving the
market at that time above last evenings figures.
From 1890 to the market was generally
steady to firm, the majority of stocks being a
and declined 1 Il in an hour and half. In the
last half hour the market was strong through
ont, ana many stocks made the highest prices If
the day, the advance in the last hour being
from Il to 1lo per cent, the latter Oregon &
Transcontinental, to 627s, with Northern Pacific
preferred 1s, TO 72lo, common e, to 1888; Lake
Shore per cent, to 1908; Louisville G. Nash
vile 81, to 443s Lackawanna 7s, to 121 3d.;
Canada Southern 81, TO 52l4, ana other stocks
Ii to 90. American Cable advanced from 81 l9 TO
s. and Richmond & West Point from 81 to 81 4.
Tue general advance for the day over last even
ings figures was q to per cent the latter
Oregon q TranscOntnental, with Northern Pa
cific preferred l3s, common lis, Canada South
ern i, Delaware, Lsekawanna q Western 1, and
other stocks q fraction
The Evening Post says: The experience of to-
day in the stock market, like that of yesterday,
shows a higher range of prices. AS far as can he
Judged by surface indications on the stock Eek.
change, this is not the covering of shorts, hut
ia the effect OF some other buying element. Not
withstanding the selling OF large amount of
long stock OF Lake Shore and Delaware, Lacka-
wanna & Western, which, it is now claimed,
was done for the purpose of breaking
the market, though it makes no
difference whether that was the case not,
both these stocks have reached TO higher prices,
and. like Northern Pacific, there seems to be
somebody willing to take them as fast as they
are sold. These facts indicate change in the
general conditions, which influence the market,
as compared with week or two ago
The transactions at the Stock Exchange to-
day aggregated 366,000 shares, as follows: Del
aware, Lackawanna d Western 81, 900, Denver
g. Rio Grande 5000, Erie 5000, Lake Shore
$4,000, Louisville & Nashville $4,000, Missouri
Pacific 8 900, Northwestern 5000. New Jersey
Central 5000, New York Central 1000, North
ern Pacific 5000. Northern Pacific preferred
10000. Reading 10000. st. Paul $4,000. Texas
Pacific 1000, Union Pacific 10000, Western
Union 5000, oregon & Transcontinental sc, 600,
Canadian Pacific 5000.
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