The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-12-04
CONDITION OF THE MARKETS.
Military Movements in Europe Cause
a Firm Opening in the Wheat Pit,
Which Is Helped Along by Besgy decrease
in the Amount Of GRAZ Oh TasSage
Provisions Wax but STEADY.
MONEY. BONDS AND STOCKS.

a little More Activity in Railway Bonds
Stocks Active and Steady.
NEW YORK, Dec. 3.-Money on call was
easy at q 03 per cent
Prime mercantile paper, 405 per cent.
Foreign exchange was quiet at "a. 83a for sixty
days and "a. S54 for demand
The total sales of stocks to-day were 424,
az shares, including the following: Delaware,
Iaekawanna & Western, 1890; Erie, 45, AIS;
Kansas & Texas, 81, 910 Lake Shore, so, 1885,
Louisville Il Nashville, $3.50; Northwestern,
9,5l5; New York Central &c. 915; Pacific Mail,
1905; st. Paul. 70, 1876; Texas Pacific, 1850;
Union Pacific, 24,O35 Western Union. %, $40;
Northern Pacific, preferred, IL, lis; Oregon &
Transcontinental 1908.
Government bonds were dull and steady.
State bonds were moderately active and steady.
The railway bond market was rather dull dur.
ing the forenoon, and little more active after
midday. The total sales were So. 433, 600, OF
which Erie second consols contributed $638 600
The Texas & Pacific, Rio Grande division, SKIES,
coupon off, were more than usually active, the
sales amounting to SITS. 900.
The stock market was more active to-day, es-
peciay in the afternoon The transactions az
Rregated 429, 322 shares. There were only three
decidedly active stocks; st. Paul, with 70, 200;
Lake Shors with So 140, and Erie, with as, ATS
shares. After an unusually dull and altogether
featureess opening, the market continued quiet
ON limited fluctuations during the forenoon with
q small decline, followed by reaction
and firm tone that continued until after IL
o'clock, when there was a very decided increase
In the amount of business done, accompanied by
an advance that did not eliminate until shortly
before 2 o'clock. During that time the gains
from the opening quotations amounted to II to
II per cent. for most of the favorites Lake
Shore, Union Pacific and New York Central,
each, advanced II; st. Paul & Northwestern IL;
Il, and Erie and Louisville & Nash
vile, II each. dull and steady
market for a short time was succeeded,
after O'Clock, by decided weakness which con-
tinued until few minutes before the close, and
resulted in a decline of fractions to shade over
per cent, thus losing the larger portion of the
gains made earlier in the day. The market
finally closed about steady. after slight reac-
ton from the late decline, at fractions above last
evenings figures, the gains ranging from
to Z per cent Pacific Mail, North
western New Jersey Central, and Ore
gon Navigation are up : each; Erie,
!; New York Central and Canada Southern,
each, !. and others smaller amounts The ex-
eeptions decline of in Lackawanna, Z in
Union, Oregon Transcontinental and Northern
Pacific common. Lake Shore and Texas & Pa
cifc are unchanged These are the changes for
the usually active list The fluctuations in low
priced fancies generally within a much mar
rover range. The activity and advance in Erie,
which conspicuous after midday, was at
tributed to the execution of several large orders
for foreign account.
The market closed with the following prices
bid