The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-08-17
CONDITION OF THE R K
A Weak Feeling at the Opening, with
Considerable Strength Shown Later.
Rather Active Trading on Simply Scalping
FluctuatiOns-COrn Unchanged-Bet-
ter Prices for Hog Products.
Sharp Drive Made at Atchison-The General
List Improved.

Sharp Drive Made at Atchison-Ihe General
List Improved.
NEW YORK, Aug. 16.-MOney on call was
easy at 3a4 per cent. the last loan being
made at 312. closing offered at 3l2G4.
Prime mercantile paper. 43fG 6l2 per cent.
Sterling exchange dull but fairly steady at
S4.s44 for sixty-day bills and S4S74 for de-
mand.
The total sales of stocks to-day were 165,-
231 shares, including the following: Atchf-
son, 10. TO; Delaware, L~ackawanna 81 West
ern. 4,12O; Erie. $3.50; Louisville < Nash
vile, 6.215; Missouri Pacific. 4,3O0; North
western, 1915; Northern Pacific preferred,
1900; st. Paul. : 5.740; Union Pacific. 5.175.
The stock market was n little more active
to-day. and especially in the first and last
hours, but between those hours the duIlness
was equal to anything seen of late. The
bears seemed to have exhausted themselves
in a sharp drive at Atchison at the opening,
and after that time the market showed
strength in all its departments, though, ex-
cept in a few of the Leading specialtIes. the
movements were on the same limited scale
as during the past week. 1t was
more support to their favorites than yester-
day. but there was also some buying for
the foreigners. and a better attendance
upon the street indicated that spectators
bought Chicago Gas and took some of the
grangers, which were more active and
stronger. The features of the day, however,
were G., T., e. IL st. Louis common and
Wabash preferred, the former making a
rapid rise of 2 per cent. Atchison regained
all of its early loss, and. like the remainder
of the list, closed finally at its highest
point. The opening was quite irregular and
generally only slight fractions different
from last evenings closing prices. with the
declines somewhat mpre numerous. and the
only important changes were the decline of
g IN Atkinson and the advance of u IN
Kansas 81 Texas. Improvement began i'm
mediately, however, and AtchisOn. taking
the lead, rose 1 per cent, followed by c.,
c.. G. ~ st. l.. and Rock Island, while the
upward movement spread to the entire list,
though l. per cent. was the limit of the
gains made. Chicago Gas became O favor
lite toward noon and crossed 90. but the rest
of the list became extremely dull, and so
feature or perceptible movement in either
direction. Wabash preferred then leo the
upward movement, and more animation
was shown all over the list. The market
finally closed dull. but firm to strong, and
at the best prices of the day.
Railroad bonds were still duller than
usual of late, the sales reaching only $685.
600. Positive stagnation marked the Inn
tied dealings throughout the dsy, though a
wide fluctuations from the last previous
sales. Illinois Central fOuTs of 1851 rose 2
per cent. Grand Rapids az Indiana gen.
eral fves lost 2, at 9312; st. Louis d
Cairo fours 2l2. at 76l2. and Toledo, Ann
Arbor & Grand Trunk firsts 2, at 113.
Government bonds were dull and steady.
State bonds were dull and steady. Clos