The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-08-23
MONEY, STOCKS AND GRAIN
Share List Fluctuated in Narrow Linn
its with a Monopoly in -Four Roads.
Reading. New England. Rock lslar and Atch.
ison Took the Lead on New Yorl Change
AT indianapolis Cereals We're Dull
THE BOND MARKET.

Railroad Issues More Active aud Stronger,
but Few Material Changes.
At New York, yesterday. money on call
was easy, at liz to 2 per cent, the last
loan being made at 2, closing offered at 2.
Prime mercantile paper, 4f05l9 per cent.
Sterling exchange was quiet but steady at
t4s6a4 for sixty -day bills and Ass for de-
mand.
The total sales of stocks were 30S 900
shares, in cluding the following: Atchi-
con, 1890; Delaware, Lackawanna d
Western, $3.50; Erie. 9.Oi5; Missouri Pacific,
t,s6o; New England. 25. 240; Reading. g,7OO;
Texas Pacific, 1900; Western Union, 5.026.
The stock market yesterday was narrow.
Reading, New England. Rock Island and
Atchison INCORPORATING the greater part OF
the business among railroad shares, and
Lead and sugar In the industrials while all
the important movements Of the day were
IN these stocks. The market in the NOM
ing showed considerable strength and con-
6dence at the opening. which was made at
prices u to n per cent. better than those
of saturday, as rule, while Sugar was
? np1A per cent The bears were active and
aggressive in New England, however. and
drop of la in that stock, aided by free
realIzatiops In Sugar and a corresponding
fall. checked the advancing tendency In
the general list. and small fractional con-
sessions marked the trading for the first
half hour. The urgent demand to cover
ehorts In the RraDgers, however, sent ROCK
Island mp about l per cent, and the
manipulation OF Lead. which sent It's
prices mp about per cent. before the close.
turned the course OF prices. and an upward
movement was inaugursted soon after the
opening, which met with no real setback
during the rest of the session. All the
coalers made substantial advances. though
Reading was the only 0ns showing any
sctivIty. The decision against the Texasrail-
road & mmissioners served to stimulate a
sharp upward movement In Texas Paclhc
securities in the last hour and aided the
general advance at the same time. the mar
kot finally closing active and strong at
about the top CURES The trading reached
R45. 175 listed. of which Reading furnished
V.770. and So. 794 unlisted, of which Lead
contributed g. S63.
Railroad bonds were also more active and
stronger, though except in the Reading Is
cues and the Texas Pacitics there were 10
material changes The Texas Pacific tirsts
rose 2A, and the seconds Az. to 52l7.
The total sales were 81. 352 COO
Government and State bonds were dull
and steady. Closing quotations were:
-Four per cent. reg IL 5 iaI Louis. & Nash 7ols
-Four per CT. COUP. 115l2lI- d New Albany. 25 81
Pacific 6's or '95.-IO7 Missouri Pacific. 81 Il
Atchison .139l4lN. j. Central. lbs 81
Adams Express---1 LAG Northern Pacific. 2O7s
4 ton L. H:-..-- 80 n. Pacific pref. So y
Alton I. III. pref. $50 Northwestern. -..- 73s
American Exprs.- 120 sNorthwestn pref. LAP
Shes. x Ohio "a y. Y. Central. %
C., b. & Q 103lel Peoria, ID. x E.. Is
C.. C., C. q st. L. So Pullman Palace LOG
lei, Lack. * w. 1881 Rock Island .---.- S2is
Fort Wayne. .s153l2IU. 8. Express. 81
Lake Erie w.. 24sslW., st. l.. ~ P...--. 1Oaa
4. Z. W. pref. 75l2lW., ST. L. * p. pref 25 Ii
Lake Shore. 134l Wells-Fargo Elk. LAB
Lead Trust------- 1919 Western Cnlon.--- 993a
Bid
Bar Silver At New York, S34c per
ounce; at London, 80 316d.