The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-08-11
CONDITION OF THE B K
Wheat Fluctuates with a Very Narrow
Range and Closes a Shade Lower.
Corn Shows Increased Weakness and a Loss Of
Three Quarters Of q Cent FolIows-0ats
Higher-Provisions a Trife Lower.
MONEY. BONDS AND STOCKS.

The New York Market shows but Few Feat
ure., the Close Beng Dull and Steady.
NEW YORK, Aug. M-Money on call was
Easy at 1al{ per cent
Prime mercantile paper. 4406t per cent
Sterling exchange was quiet and weak, with
actual business at a. s4i for sixty day bills, and
e. SIT for demand
The total sales Of stocks to-day were 223.179
shares, including the following: Delaware. Lack
swanns s. Western. 22,2Os; Erie. 1908; Mis-
souri, Pacific, 4.3l0; Northwestern. 6.4ss; New
Jersey Central. IL. 200: Northern Pacific. pre-
fsrrsd. 1850; Reading. 5o.64O; Richmond &
West Point. 1850; Sc. Paul. l6, 290; Union Pa
cifc. / $500; Western Union, $3.50.
The stock market to-day was omewhs Of .
disappointment to the reactionists who were ex-
pecting q further impression upon prices to-day.
There Was not much feature to the general list,
but the bullis feeling in the coal stocks was
communicated to the rest Of the list and served
to advance quotations fractional amounts.
some effort was made after the great demand
had been satisfied to get the market down, and
St Paul Was made the special object of attack
but the results were not very satisfactory to the
'bears" and sold-out 'bulls" who made the at
tempt Jersey Central was the great feature Of
the day and again scored . handsome advance,
the dealings ct times being attended by consid-
cradle excitement. Since the statement OF
President Maxwell. the buiiish SEN
timent on the stock has risen,
and she final disposition of Lehigh-valley stock
has removed a stumbling block from the
path of the bulls" Besides, the generally
favorable condition of the anthracite trade ID
yet an important factor, and its influence was
wanna there was some cunning for . large nm
covered 'short" interest, and Reading was very
freely taken for foreign account. Reading was
traded in for thu frat time. ex-assessment, and
nearly half of the dealings were of that complex
ion. The Rrangsrs showed some frmness, with
the exception Of Burlington & Quincy. which
was quite weak, losing about two points. The
Gould stocks were again prominent, and the
Waoashes became quite active at advancing
quotations, while Missouri Pacific made o squirt
of over . point in the forenoon. though the i'm
provement was not held until the close. AS
usual Of late, several OF the specislties made
marked, advances. but Pullman was rather
weak and shows = material decline this evening.
vances Of small fractions over last evenings
closing figures, and the small advantage
was further increased in the first hour, with
Jersey Central and the other coalers ia the lead,
followed by Missouri Pacific. The advance was
maintained up to the second hour, when the
gain in Jersey had amounted to over 2 per cent.
but the general list advanced fractional amounts
only. The activity then Stacked of, and before
2P. n, the market was positively dull, while
prices sagged of to within small fractions Of
she opening figures. No further feature marked
she trading. and the market became dull and
about steady, so remaining until the close.
Closing prices show somewhat irregular changes.
but the great majority sre in the direction of
higher figures. Pullman is the only stock which
IL materially lower.
The bond market was again moderately act
i've. with sales of 81. TAI. 900. to which the Allan
tic = Pscifc incomes contributed $342, 900 and
T. A. $500 a. AO00 mn
of the market was firm to strong. but the final
changes show few important change The
Reading securities were features. Alton s.
Terre Haute dividend bonds rose q, to 42a.
Govsrnment bonds were dull and steady.
State bonds were dull and steady. Closing
ouorations vera.