The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-30

an Glasses of Bonds Steady-Stocks Open
Weak and Close Strong.
New YORK, July 29-Money on call was easy
t II per cent
Prime mercantile paper, 4a5 per cent
Foreign exchange was quiet at $4o5 for sixty
days, and 81 S6s for demand
The total sales of stocks to-day were 80 Col
shares, including Delaware, Lackawanna
6 Western, 81, SOC; Erie, 925; Kansas & Texas
1920; Lake Shore, 50, 455; Louisville & Nash
vile, II 91O; Missouri Pacific, IL 800 Northwest
srn, 24,O25; New Jersey Central, $500; New
York Central. 1917 St Paul, 1882; Western
Onion, 22,020 Union Pacific, q $780, Northern
Pacific g. 755; Oregon TranscOntinental, IL, GO
Government bonds are dull but quotations
steady.
State bonds have been little more active,
knd quotations about steady.
There was an average business in railway
bonds the total sales being So 1872 coo, of which
Erie seconds, consols, contributed ST. 638, OOO
and West Shore irsts $408 000 leaving 81, l06
900 for the rest of the list The Erie seconds
after opening at 61s and declining to 81. devel
oped very decided strength in the afternoon,
advancing to 62a, and closing at 62s, gain of
per cent. West Shore first We're about steady
in the forenoon, and very dull In the afternoon,
closing at 49,, gain of per cent. Prices are
generally higher.
The stock market continues fairly active for
the two leading stocks and the fluctuations from
day to day sufficiently wide to furnish a
good traders market IN those stocks. There
have been few features Of interest, however in
tOdav's operations, other than that the whole
list was weak in the forenoon and decidedly
strong later in the day, the upward movement
being led by the Vanderbilts, the coal stocks and
St Paul Considerable attention has been given
by Wall street operators to the conflicting
reports that have been coming from the
West regarding the condition of the
wheat crop along the line of the granger roads
but the different statements are at such variance
with each other that little definite is known in
regard to the matter. The general list was
especially strong during the last half hour and
the market closed, as rule, at or near the
highest quotations of the day. Union Pacific
was exception, yielding &c per cent in that
hour, and closing at 48, net advance of !, after
ceiling in tine morning from Az down to 46s;
but Western Union is up Il, Lake Shore
Paul /. Lackawanna Il, and Missouri Pacific
and all at or within ! per cent. of the highest
quotations reached Delaware d6 Hudson also
shows gain of ]. but is ! lower than it sold at
]. p. NJ. Pacific Mail is lower and is the only
stock on the active list that shows any material
decline Not only is the market generally higher
Ehis evening, but higher quotations were made
than at any time yesterday, the advance being
generally from to II per cent The total sales
were 325, 900 shares. but the only decidedly act
i've stocks were St Paul and Lake Shore, with
50, 800 shares for the former, and 81, 500 shares
for the latter. Lackawanna, Northwestern,
Western Union and Union Pacific contributed
between 81. 500 shares and 81 800 shares each.
The market closed with the following prices
bid