The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1891-09-05
CONDITION OF THE MARKETS
Removal of the German Embargo on
Pork Causes Provisions to Advance.
Mess Pork Up 30 Cents and Lard and Ribs
Nearly 20 Points-Wheat, Corn and Oats
Little Changed-Rye3 1-2 Cents Higher.
MONEY. STOCKS AND BONDS.
Prices Take an Upward Turn on Free Buying
and Good Advances Are Scored.

Prices Take an Upward Turn on Free Buying
and Good Advances Are Scored
NEW YORK. Sept. 4.-Money on call was
easy, ranging from 2l5 to per cent, the
last loan being made at per cent, clos
ing offered at per cent
Prime mercantile paper 81 07is per cent.
Sterling exchange quiet and steady at
s4S2 for sIxty-day bills and S4.5 for de-
mand.
The total sales of stocks to-day were 1884,
SIS shares. including the following: Atchi-
son. 7l,095; Chicago Gas. 3.97s; Delaware.
Lackawana & Western, 17.444; Delaware IL
Hudson, AGO; Erie. 7.41O; Louisville II
Nashville. 9,055: Manhattan. 3,24O; Missouri
Pacific. 10,43S; Northwestern. AIS; North
ern Pacific preferred, s,025; Reading, $40;
st. Paul. 4. 43O; Union Pacific, 34157.
The stock market to-day threw off the
forces of depression which have had the
upper hand for the last few days. and, al
though there was not that broadness to
the dealing which marked the former ad-
vance, the dealings reached a large num-
Der of stocks, and the leaders all scored
material gains as the result of the days op
erations. The demand for stocks was so
and the buying Of this class of operations
prevented the usual reaction in the last
hour from the realization of profits by the
traders from day TO day. There was also.
as an indication of the selling of the last
two or three days. heavy demand for
stocks in the loan crowd, although moth
ing commanded q premium for use. The
grangeTs were still the leade IS of the mar
ket. especially In point of activity, but the
coal stocks came to the from in respect to
the advances made, all of til EN- displaying
the most pronounced strength on COM
paratively moderate Business. Many of
the specialtes. as usual, scored material
gains, but the general list. as rule. was
moved in sympathy with the leading shares
within narrow limits.
The opening was strong at advances over
last nights prices of Is to IS per cent, and
the upward movement was kept going to
the close, no set back of Importance being
seen throughout the entire day, and even
particular stocks showed no reaction
worthy of the name. Five stocks-St. Paul,
Union Pacific, Atchlson, Burlington and
Rock Island-furnished over one-half of the
total transactions. but the rest of the list
were not dull, and the business of the day
footed up q respectable figure. The deal
ings were unusually devoid of special feat
ure, the whole list moving In the same di-
rection with nearly equal speed. The
market finally closed active and strong at
the highest prices of the day. The adj
vances of note comprise almost the entire
active list. but Lackawanna rose 3ls, Union
Pacific 2ss, Burlington 21s, Atkinson 2, c.,
c., &. Il Sc. l.. and Rock Island each rs.
Missouri Pacific rs. Lake Shore and North
ern Pacific preferred each Ia. and the 9TH
ers smaller amounts
Government bonds were dull but firm.
State bonds were dull and steady. Clos
ing quotations were: