The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-12-01
CONDITION OF THE MARKETS.
Wheat Opens with a Bearish Tendency,
Which Is Speedily Checked.
A Good Demand Follows and the Market
Closes StrOng-Corn Higher-Provis-
ions Firm and Slightly Higher.
MONEY, BONDS AND STOCKS.
Less Activity in Railway Bonds-The Stocl
Market Dull and Featureless.

Less Activity in Railway Bonds-The Stock
Market Dull and Featureless.
NEW YORK, Nov. 3O.-Money on call was easy at
S04 per cent.
Prime mercantile paper was in demand at 4120512
per cent.
Foreign exchange, ga. SO for sixty days, and $4.s5
for demand.
The total sales of stocks to-day were 314, 2l8 shares,
including the following: Erie, 1880; Kansas &
Texas, $50; Lake Shore, 5000; Louisville &
Nashville, $3.50; Northwestern. $780,; New Jersey
Central, G, 900; New York Central, 2 ,306, Northern
Pacific, 20, 240; Pacific Mail, $780,; St. Paul. So
9O5; Texas Pacific, 10, 900; Union Pacific, IL, 400;
Western Union, Il ,524; Northern Pacific preferred,
90, 227; Oregon & Transcontinental 1861.
Government bonds were dull and steady today.
State bonds we're fairly active and irregular.
Railway bonds were again less active, in sympathy
with the share market, and prices generally show
gains of only fractional amounts. The total sales
were Sc, 4S5, 900, of which Erie second consols
contributed 1923, 900. There was a good bust
ness. in some of the Missouri, Kansas & Texas issues,
The new week opened with dull aud comparatively
featureless stock market, the movements this fore
noon being decidedly irregular. with a weak tone at
the opening. The fluctuations were all within a range of
1l2 per cent. and with a few exceptions within less
than / per cent. Some of the active stocks were
higher. while others were lower at the opening, and
In still other cases the extremes were reached at diff.
ferent times between 10 and II o'clock. The total
sales were 3I3, 600 shares. With few exceptions the
total sales in no case amouted to 10000 shares for
anv one stock. In the last fifteen minutes there was
q yielding in values of from Ii to ] per cent, and the
market closed barely steady at prices which, in most
cases, are ls to 81 per cent. lower than the final
figures. New York Central is down l, Union Pacific
III, and Oregon Navigation llo per cent. North
western, Manhattan, consolidated. and Northern Pa
caic common show a gain of q per cent. each. Pa
ciie Mail, Canada Southern, New York and New
England are up a.
During the month which closes this evening. there
has been no abatement in the activity which was such
a conspicuous feature of the dealings last month. The
reported sales this month have amounted to
13,453 600 shares. against II, sos 600 last month,
$685. 600 in September. The course of the market
has been somewhat irregular, with great advances in
some of the low priced, as well as some of the old
stand bys. The Vanderbilts and the coal stocks havs
been conspicuous for the small advances made. The
chau ges are within a range of less than 2 per cent,
excep. Lake Shore, which is gle higher. Union
Paciao shows an equal advance. Western Union is
down 35s. In the active securities, Pacific Mail is
prominent for a net gain of lOl2 per cent, and
Northern Pacific preferred shows an advance of 83s;
Missouri, Kansas & Texas, ia; Oregon Railway &
Navigation, 76s; New York & New England, 71s;
Oregon & Transcontinental Gle; st. Paul, 4A, and
Northwestern 2l2 per cent.
The market closed with the following prices bid: