The Indianapolis journal., 1885-08-11
DULL AND QUIET MARKETS.
Wheat Opens Lower, but Improves a
Trife Before the Close.
,orn Dull and Shade LOwer-OatS Active,
but Weak, with Large Receipts-Provis-
ions Rather Dull and Featureless.
MONEY AND STOCKS.

The Week Opens with a Strong and Active
Market.
New YORK, Aug 10.--Money on call was easy
Mt per cent.
Prime mercantile paper, as per cent.
Foreign exchange was dull and unchanged.
The total sales of stocks to-day were 332, zoo
shares, including Delaware, Lackawanna 81
Western 30 400; Denver & Rio Grande, 1880;
Erie 5, $780, Kansas & Texas, II, 17O; Lake Shore,
42 $50: Louisville e. Nashville, 10, no: Missouri
Pacific, 1000; Northwestern, "a, 425; New Jersey
Central, 50 80O New York Central, 7,045; Pa
ei6c Mail, 5, 44O; St Paul, 36.O25; Texas Pacific,
7,57O; Union Pacific, 1S,480; Western Union,
58, ,395; Northern Pacific, 1884; Oregon Trans
continental, 9230.
Government bonds have been quiet and strong.
State bonds have been dull and generally firm.
The railway bond market has been active and
prices generally strong. The sales of Erie
second consols amounted to 100000 and the
bonds closed with gain of :, at 63s. West
Shore 6rsts are unchanged, at 43, the transac-
tions aggregating $476000 The trading in other
issues amounted to 81, ,39l, 900. The bondholders'
committee of this company have issued their
second circular to day. in which they say that If
they directly represent three fourths of the
bcndholders they are assured that they can
Immediately consummate satisfactory settle
mont Chesapeake & Ohio, series B.
coupon, are off 2; Jersey Central, con-
sol assented, II; Denver & Rio Grande
first consuls, q; Denver & Rio Grand Western
hrsts, 2; Lafayette Bloomington & Muncie frsts,
Al; Kansas & Texas general SKIES, Il and the
6ves, II; Fort Wayne irsts. 2; Mutual Union,
SKIES L. The Wabash issues were heavy, not
withstanding the report that the foreign holders
Of general mortgage bonds have assented to the
Joy plan of reorganization. Toledo, Peoria q
Western firsts are down /; ST. Paul eights, /.
The new week opened on the Stock Exchange,
after a double holiday, with active and strong
market for everything on the active list The
openings were generally a small fraction higher
than the closing of Friday afternoon, but In the
early dealings there was general decline
Of to- per cent, which was
checked before noon, anG between then
and o'clock, the whole list advanced materially.
Later, the market became less active and steady,
and near the close yielded fraction, led by
Lackawanna and the grangers, but finally closed
steady for the general list, at prices which are
Is per cent. higher for Pacific Mail, II for st.
Paul, for Missouri Pacific for Union Pacific,
and for Lake Shore and Northwestern, and /!
lower for Delaware & Hudson, Ii for Lacka
wanna. and changes of small fractions for the
rest of the list The only other active stock that
shows decline, however, is Jersey Central, !.
The fact is gradually becoming known that the
Lackawanna is not disposed to continue the
policy of restricting the output of its mines,
and the situation of the anthracite companies, it
is believed in Wall street, is assuming some
what serious aspect The greatest advances
have been in the grangers and in some other
stocks that have not heretofore taken an active
part in the upward movement or have been
weak for special reasons, such as Pacific Mail,
Union Pacific, Missouri Pacific and Fort Worth
& Denver. The stock last mentioned rose %
per cent, on sales of $3.50 shares Western
Union was strong most of the day, but closed
unchanged.
Mr.. Robert Garrett has been quoted as
cabling. today, that there was not word of
truth in the stories about an agreement between
graph Companies.
The market closed with the following prices
hid: