The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-15
EXCITING DAY ON CHANGE.
Assessor objective Trading, Rapid Fluct-
nations and Great Nervousness.
Free Buying by Outsiders, and Heavy Pur-
chases by Local Houses-A Fair Business
In Corn-Provisions Stronger.
MONEY. BOMBS AND STOCKS.

Continued Activity I'm Railway Bonds-The
Stock Market Again Very Active.
New YORK, Oct. I4.-Money on call touched
4per cent to-day but most Of the bushes was
done at 13a2 per cent, closing at II per cent.
Prime mercantile paper. 405 per cent
Foreign exchange was unchanged,
The total sales of stocks to-day were 566, 304
shares. including the following: Canada
Southern, 1850; Central Pacific, 1925; Della
ware, Lackawanna g. Western. 1902; Erie,
5000; Kansas 6 Texas. 2l.725; Lake Shore,
1866; Louisville & Nashville, $3.50; Missouri
Pacific, ALSO; Northwestern, "a. $50; New Jersey
Central, 1850; New York Central, 10, 200; North
ern Pacific, $3.50; Northern Pacific preferred,
1890; Ohio & Mississippi. 1o,2 $50; Pacific Mail.
I5.oI5; Reading. $500; ST. Paul. s.. $40; ST. Paul
q Omaha, 1850; Texas Pacific, "a AGO; Union
Pacific, IA, 5s5; Wabash Pacific, 7.245; Western
Union, 4,lG5; Oregon & Transcontinental,
1921.
Government bonds were active and very
strong. especially the tours
State bonds were active and strong
The railway bond market continues extremely
active, the transactions to-day aggregating 81.
III COO The Erie second consols contributed
81, 678. 600, at a net gain Of l3a per cent The
IJhSb lPDHeSSe6 issues contributed tOOO, UUU, ana
the Atlantic & Pacific issues, $3.50, 900. There
was large trading in Denver 81 Rio Graude is
sues, and the frsts are a shade higher. The
Denver & Rio Grande Western firsts opened
per cent higher at 60, and during the day rose TO
72l at which they closed-an advance OF
IA per cent It is said the Denver
h Rio Grande people would like to take the Dens
yer 81 Rio Grande Western people into the reor-
ganization scheme, and give the latter the same
advantages that the Denver consols will enjoy,
hiatt a A na,,x 49, e. Al
pal, and preferred stock for the interest. The
Denver, South Park 81 Pacific firsts are up IL
per cent, at 81.
The stock market was again very active es
pecial1y during the first hour the total sales for
that time amounting to over 240, 900 shares
Later there was lull. followed by renewed activ-
ify in the last hour, the total sales for the day
Aggregating 566, 900 shares. Nearly As per cent.
Of the days business was in FIVE stocks the same
which were prominent for their activity at the
opening of the week. except that Erie took the
place OF Union Pacific. Union Pacific was dull,
and prices were very feversh, especially during
the first hour. st. Paul, with the exception of
Erie, was the most active stock, and rose to 8422
closing at 84--an advance OF II per cent North
western advanced Il. and closed with gain of z
per cent In fact the whole market opened
with a boom, first prices showing gains
of to 3, the latter Pacific Mail, but after nu-
merous fluctuations it closed with loss of (. In
addition % the rumors that the Pacific railroads
had given notice of their determination to dis
continue the subsidy to Pacific Mail, it is said
the reports of two cabinet officers will contain at
tacks upon the company. The remainder of the
active list is fractonally higher than the closing
last night, except few of the active stocks,
which gain more than per cent The Wander
bits were comparatively quiet while Delaware
e Hudson, Jersey Central and Reading
changed
The market closed with the following prices
bids