The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-08-24
MONEY, STOCKS AND GRAIN
Business on New York Change Still I'm
proving with az Upward Movement.
Gould Shares the Strong Festure with the
Changers Almost as PrOminent-At indi-
annapolis Cereals Remain Unchanged.
THE BOND MARKET.

Railroad Issues Displayed q Firm Temper,
bur No Marked Advances.
At New York, yesterday. money on call
was easy, ct Ia to 2 per cent. the last
loan being made at 2, closing offered at 2.
Prime mercantile paper, 405l4 per cent.
Sterling exchange was quiet but steady at
t4s6s4 for sixty-dsy bills and SASSY for de-
mand.
The total sales of stocks were 355. 172
shares. including the following: Atohi-
son, $500; Delaware, Lackawanna a.
Western. 4. 900; Louisville Il Nashville A.
800; Missouri Pacific. 10000; North Amer
,can, 8, 600; Northern Pacific. preferred. $500;
New England. 1890; Western Union. 5000;
Reading. So 200; st. Paul, 1890; Texas Pa
cific, $500; Union Pacific. $500.
The stock market continued the upward
movement inaugurated Monday evening.
The decision in the Texas case was regard
ed as the most important decision rendered
for q long time, and Its influence upon the
prices of railroad stocks was most potent
in the advances effected to-day. There
were rumors of q contest for control in
Wabash, but the entire list of Southwest
ern stocks was conspicuous for strength,
owing to the Texas decision, and Missouri
Pacific once moro became one OF the lead
ing stocks IN the dealings The strike sit
nation 10 now regarded with comparative
indifference, ana q speedy settlement
is looked for. The market opened
with unusual animation, and at very
prices. but Reading was the only soft spot
In the list. and yielded a large fraction
which, however, was afterward partially
recovered. Tine Gould stocks became the
Btrona features. but the CHANGERS were
prominent for strength, and the whole list
shared in the upward movement. New
England, however. again showed weak
ness when the first squirt was over, and
later in the day the bears found 1t again,
driving it down over ! per cent The
by the squirt in Chicago Cas- but
they also in the late dealings when reali-
cations were In order. yielded to pressure
and some of them were materially de-
pressed The market all gave way toward
the close, and though most stocks still
showed fractional gains for the day. the
market closed active and heavy to weak at
Che concessions. The trading was the larg-
est seen in many weeks
The railroad bond market displayed q firm
temper, but there were. no marked adj
vances. and Texas Pacific seconds even re-
tired ! per cent, TO 3l19. The whole list
felt the late weakness in the share market.
The cloee was rather heavy. IN sympathy
with stocks. but without pronounced tone.
Government bonds were dull and steady.
State bonds were dull and featureless.
Closing quotations were:
Four per cent reg. IL p Louis. & Nash. 69os
Four per Ct coup. 1l5i2L. Il New Albany. rs i2
Pacific 6's of '95..107 Missouri Pacific. 81 u
Atchison ------13912N. j. Central ----.1351 II
Adams Express. LAG Northern Pacific. 203t
Alton d 7. H. 80 n. Pacific pref 56as
Alton & 7. II. Dref.150 Northwestern III Il
American Expr's. 120 NOrthwest'n pref. l43l L
Ches. * Ohi0-. 24leN Y. Central 1l25s
G., B. q -.------ t1O1l2 Peoria, ID. * E---- 1871
c., c., c. & st L.. 66l4 Pullman Palace .196
Del, Lack. & w.. 1871 Rock Island - s2ls
, Fort Wayne. u. s. Express.-. So
Lake Ere w.. 24l4W., st. l.. & P..... IL
J.. /. W. pref 75l2W-, st. l. & p. pref. % s.
Lake Shore..----.1 34l2 Welis-Fargo Ex- LAB
Lead Trust----- Ash Western Unlon. 991e
bid. lex. div.