The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-08-01
CONDITION OF THE MARKETS
Prices of Grain Continue Strong an(
Score Another Slight Advance.
July Option Closed Quietly and Without a
Squeeze-ExpectatiOns of Drop When
Northwestern Wheat Moves.
MONEY, STOCKS AND BONDS.

Lead Trust Takes Another Granger
stocks Advance In Price.
NEW YORK, July 31.-Money on call
was easy at 262l2 per cent. the last loan
being made at 2i2, closing offered at 2l2.
Prime mercantile paper. 41206le per cent.
Sterling exchange quiet and steady at
s4.s5 for sixty-day bills, and S4.S634 for de-
mand.
The total sales Of stocks to-day were
1866 shares, including the followine:
AtehisoD, 5,s1O New England, 69S5; Read
ing, A., 800; ST. Paul, 5.49S; Union Pacific,
$3.50.
The stock market was again dull to-day,
and the business of the forenoon was the
smallest during that time for weeks. The
operations were principally professional,
and the changes in quotations reflected only
the scalping for fractions of that class
of operators until later in the
day. London after that time was
prominent as buyer. and the
Western operators also came into the mar
ket upon the long side and bulled the gran
gers The unexpectedly favorable report
of the Chicago, Burlington d Quincy for
June stimulated buying of the granger
stocks and incidentally the entire market.
Tho opening prices were in most cases
slightly higher than last evenings closing
figures, but there w as no demand for stocks,
ana the professionals and traders had the
market for the time being all to themselves,
and some of the late strong stocks, such as
the Chesapeake q OhiOs, developed con.
siderable weakness upon the realiZatiOns OF
the traders. The selling of Lead Trust was
continued and it dropped down. to 217
while il became more active than for some
time back. New England was we'll sup
ported. and was in marked contrast to the
rest of the list, advancing fraction.
The issue of the Burlington report toward
noon, however, put q different face upon
matters, and buying began at noon, when
the whole list moved mp with rked in
crease In activity, Burlington crossing 101,
Reading A and st. Paul II. Some of the
leading drawers of exchange made change
in their rates to reduce the difference be-
tween the demand and sixty-day rates,
which helped the buying to some extent.
The new buying continued up to nearly de-
livery hour. wien the demand Stacked of
and the realizations were renewed, but
toward the close, which was dull,
though firm. the market again stiffened up,
and prices again advanced slightly. Owing
to the renewed interest in lead, the unlisted
stocks furnished larger proportion of the
days business than usual OF late. In the
hnal changes only one important change rs
to be noticed. an advance of 1s4 in Della
ware 81 Hudson.
There was a little more animation in rail.
road bonds. the sales of all issues aggre-
eating 81, O24, 600, but there was no specially
active bond on the list. The tone of the
market continued generally steady.
Government bonds were dull and steady
State bonds were dull and without feat
ure. Closing quotations were:
Four per ct. reg. 12s 81 Lake Erie West. 16l9
-Four per OF. coup. 126lslL. 4. IL W pref 575s
Fourand a1as reg -105 - Lake shore 1O2
-Four and al2scOuplO6% Lou. * Nash 1890. 69 L
EaGsG rs 81 As Sa 90
Missouri 6s.- 100ls Michigan Central Sos
Team. new set set. ss ios1 a Mills. 4 " pref1io
Tenn. new set. IS. 1928 MINI. & ST L.. 4
Can Southern Ids. 80 VI. IL st. l.. pref
Cen Pacific lists / Al Missouri Pacific... 67s.
Den. X. q. lists 70 Mobile It OhiO..... 12i.
Den. & r. q. Is 1874 Nashville & Chat 90
Den. & R.G.W.1sts1o1 New Jersey Cent. 10
Erie seconds 1o2 Z Norfolk & w. pref. SO
NJ gem s. ga Northern P Psc nSs Isl
Mutual Union u.s. 1904 Northwestern, Jos
n. j. c. int. GER. IL 33s Northwest'n pref. .139
North'n Pac. lists! L. New York Central105 d
North'n Pac. Eds. IL 5ai N. V. c. * ST. l. is
N'west'n consols. l46l9 n. Y. C.&stL. pref 67si
Nwest'n deb's 5s la o. 4 Mississippi 22ss
Oregon s. Trans 6sIO47s o. q NJ pref 81
St. L& I'M. gen. IS S47siOntario d West... 167s
SC. l.. &S.F. gen.m.11S lore. Improvement 81
Ct. Paul cOnsols- :. 125l2 Ore. Nayigation.-- %
81. p, G. d Z. lsts.117 Ore. a. Trans ....- 81
T. T. l.. G. Tr.rcts. S9ltlPacihc Mail 80
T. p. r. G. 7. rcts. 351s Peoria, ID. IL E. 2Ols
Il
West Shore. 063a Pullman Palace 1872
Adams Express. 149 Reading. ~
Alton * II. H.. Al Rock Island. 1890. 951
Alton & Il. III. pref los St l.. & 4. E.. 26l4
American Express116 ST. l.. & 8. f. pref. sea-
Bur-, G. X. 4 NJ 81 St.L.&S.F. LIST pref109
Canada Pacific. 55i2 ST. Paul. ... 7O5s
Canada Southern. 81 sst Paul pref .1O9ls
Central Pacific. 34l2 ST. Paul, NJ. e. NJ. 973;
Ches a Ohio % st Paul & Omaha. SO Il
&. Il o. pref. lists. 65as St Paul & o. pref 81 L.
G. &c .. pref. DDS. 3SsslTenn. Coal & Iron 39l4
Chicago & Alton. .12o Texas Pacific. 10
C., b. * Q.-.-..--.-10l IT. & o. Cen. pref. SO
C., st. l.. & 49,. IA Union Pacific...--. 59l.
C., 81. l.. IL Z. pref 34l2 u. 5. Express..... 90
C., ,. DO. IS W., ct. L. n P..... 14L
Clevrd&Columb's. so W., st. l.. DIP. pref 2Sa
Del. * Hudson i4l4 Wells K Fargo Ex.139
Del, Lack. Il W. 1885 Western Union.. 645
Den. a Il. G. 16lI Am. Cotton OIL. SO
Fact Tennessee. Gig Colorado Coal. 26a
T.. Tenn. 1st pref. 20 Homestake.. 81.
+. Tenn. I'd pref. % Iron Silver........15O
Erie.- 2Ol3 ontario "a
Erie Preferred. Gale .Quicksilver---- 81
Fort wayne. .--.--10I lQuicksilver pref. So
Fort Worth & Den.. Sutro -... 5
Hooking Valley 1883 Bulwer. 20
Houston 4 Texas. 8 Rich. K w. P 22L
Illinois Central. 1141a Atch. Top. & S. L. $50
l., u. q w.. Gig Den. Tex. II TT. W. 81 1
Kansas d Texas. 10l4 Den. IL r. q. pref. 46a
lex. interest