The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-12-07
CONDITION OF THE MARKETS
Wheat Opens with an Excited Feeling,
and at Slightly Higher Prices.
A Plentiful Supply of Bull" Points, How
ever, Fails to Support the Adyance-Pro-
visions Reported a Shade Lower.
MONEY. BONDS AND STOCKS.

Increased Activity in Railway Bonds-Stocks
Moderately Active and Steady.
NEW YORK, Dee. 5.-Monev on call was
sasier at 2 a21 per cent.
Prime mercantile paper. 405 per cent.
Foreign exchange was quiet at 81 834 for sixty
days and 81 So for demand.
The total sales of stocks to-day were 361,
760 shares, including the following: Delaware,
Lackawanna & Western, q, $50; Erie, 80, 800;
Kansas & Texas. 1885; Lake Shore, &C, 046;
Northwestern, 8. 705; New York Central, Ia, 875;
Northern Pacific, sos; Pacific Mail, $3.50; ST.
Paul. &c, $50; Texas Pacific, $500; Union Pa
cifc, 16, $50; Western Union, ii, 500; Northern
Pacific, preferred, IS, 035; Oregon g. Transconti-
mental, Id, 835.
Government bonds were dull and steady to-
day.
State bonds were neglected.
There was a little more activity in railway
bonds to-day, bat the increased business was
confined to a moderate amount of speculation in
q few ISSUES. The total sales were So, 900, 900,
including 1882, 900 West Shore trust receipts,
$40. 900 Texas & Pacific, Rio Grande SKIES. and
$3.50, 600 Erie second consols. The total sales
this week were a little over $14, 900, 900, against
81, 800, 900 last week.
The absorbing topic of interest on Wall street
to-day, was the news respecting the settlement
and withdrawal of the suit against the New
York Central by parties in Syracuse. At the
opening prices were generally from 1 to per
cent. higher than they closed last evening, and
at no time did quotations for the active list fall
below Yesterdays Blessings. The total sales
amounted to 361. 760 shares. Lake Shore
headed the list. followed by Northern Pacific
preferred, and Erie. These were. in fact, the
only active stocks on the list. The greatest de-
chine from opening figures amounted to only
small fractions. and the market closed either at
or within a fraction of the highest prices reached.
New York q New England is up q; Oregon
Railway and Navigation, Il; Northern Pacific
preferred. Il: L~ackawanna, Il; Indianapolis,
Bloomington & Western, l.; Lake Shore &
Louisville & Nashville, each II per cent, and
others of the old active list less than l per cent.
There was a very decided advance in Oregon
Navigation after the announcement of the divi-
dend. Pacific Mail exhibited decided strength
ON small trading and Western Uuion and the
coa! stocks were quiet and firm. The changes
IN quotations this evening from the final
prices of a week ago are generally for
mail amounts. The active list is about
equally divided between advances and declines.
Lake Shore is up l; Northern Pacinc preferred,
New York & New England, each. II; Pacific
Mail and New York Central, each, Il, and others
smaller amounts. The greatest declines were in
Union Pacific. g, Missouri, Kansas & Texas,
q; Western Union, Il; Texas e. Pacific, Is;
Omaha common, Is per cent. The total sales for
the week were !, 489, 07 shares, a decrease from
last week Of CTS, 514 shares.
The market closed with the following prices
bid: