The Indianapolis journal., 1889-06-18
CONDITION OF THE MARKETS
Wheat Unsettled and Lower on Heavy
Realizing and the Weather Reports.
Corn Quiet. with Narrow Fluctuations-0ats
Fairly Active, Higher and Easy-HOg
Products Stronger and Steady.
An Active Market. with Generally Highe
Prices on All but Granger Stocks.

An Active Market. with Generally Higher
Prices on All but Granger Stocks.
NEW YORK. june 17.-Money on call
was easy at 202l2 per cent. the last loan
being made at gig. closing offered at 2l2.
Prime mercantile paper 3s405l2 per cent.
Sterling Exchange dull but steady at S4.S7
for sixty-day bills, and S4.sS34 for demand.
The total sale of stocks to-day were 253.-
ss7 shares, including the following: Atchi-
son. 1890; Delaware. Lackawanna a. West
ern. 1900; Lake Shore $500; Missouri Pa
cific, 4,755; Northwestern, 1900; Northern
Pacific preferred 9.se7; Reading. 3.556; st.
Paul, 43,SlO; Union Pacific, $3.50; Western
Union, 2,90.
The stock market was fairly active to-
day, with still greater proportion of bust
ness done in the regular list than has been
seen for months the trusts, with the'ex-
ception of National Lead, being quiet to
dull, without feature. The heavy with
drawal of gold for export to Europe on Sat
urday was supplemented by the news, late
In the day, of the withdrawal of the Chi
cago & Alton from the Interstate Railway
Association, and this morning we were
treated to the information that the action
would. IN all probability, disrupt the asso-
ing tenor. AS q consequence, the
granger stocks were made the subjects of
great pressure to sell, especially from the
smaller class of traders, and before the end
of the first half hours business the de-
clines, especially in Rock Island and st.
Paul, were extended to nearly 2 per cent.
The effect upon the general list was very
marked, and every stock traded In opened
OFF fractionally,, though outside of the
any marked decline. The buying. how
ever. was of good quality, and the clique
supported their fayorites, while London
was buyer to a limited extent. and COM
CHICAGO sold the prangers freely on the
situation. and the stocks of that group
dropped materially. After the first hour,
however, there was check to the decline
In the general list, and the excitement died
out, and the market relapsed into dullness,
except for the few leading shares.
The signing of the bill giving the New
England terminal facilities in New York
started that stock up. and that stock
though the Improvement in the last named
was small and soon came to an end. Later,
however, Atchison joined in the upward
movement, and toward delivery hour there
sur the IN ths enrs s JehseR
Central and Delaware q Hudson were most
conspicuous for strength. but Reading was
not far behind, and the trading in that last
named stock became very heavy. The
strong at the best prices of the
day for almost everything except
are somewhat irregular, but the
advances are most numerous and. while
st. Paul and Rock Island each closed 11s
per cent. lower than on Saturday, New
England and Jersey Central are each up
1l2 and Delaware 81 Hudson per cent.
Railroad bonds showed no change in their
temper from that of the past week, and the
market was fairly active. with firm tone,
which, however. permitted considerable
irregularity in the movements which oc-
CURED. The total sales for the day were
81, ,651 600, of which only the Kansas 81 Texas
general skies showed any special anima-
tion, furnishing $4,000. st. Paul H. 81 ID.
sevens rose 2, to 129; Kentucky Central
fours. 2, to s612; Minneapolis 81 st. Louis
firsts, 6, to 100
Government bonds dull and firm.
State bonds entirely neglected. Closing
ouotations were.