The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-17
CONTINUED DULL MARKETS.
Nobody Buying Wheat but the Shorts.
and They Touch Ii Lightly.
Corn Weak and Fraction Lower-Oats Quiet
and Weak-ProvisiOns Inactive with
Slight Changes in Prices.
MONEY, BONDS AND STOCKS.
Railway Bonds Active-The Stock Market
Active and Strong.

Active and Strong.
New Yak, Aug. A-Money on call easy at
n per cent
Prime mercantile paper 495 per cent
Foreign exchange was dull at "a. SIS for sixty
days, and S. 86l for demand
The total sales of stock to-day were 334, 1914
shares, including Delaware, Lackawanna &
Western, %, 230; Erie, 6,367; Kansas d Iexas
q 065 Lake Shore, AZ, 700; Louisville &, Nash
vile, 15475 Northwestern, sOOO New Jersey
Central, 3 400; New York Central, 49, 40; Pacific
Mail, 3,025; St Paul, 19,O6G Texas Pacific 49,
297; Union Pacific Q, 100; Wabash, 3lOO Western
Union, %, l75; Northern Pacific preferred, S,454;
Oregon Transcontinental. Is, 500.
Government bonds have been dull and prices
steady.
State bonds have received some attention
and quotations for some of the Southern issues
are a little higher, while in other cases they are
steady
The railway bond market has again been I'M
usually active, the days business being one Of
the largest in months past, the transactions
amounting to 81. 245 500. Erie second consols
contributed $l8880O A. & P. in
NickelPlate irsts $258,C00, East Tennessee
& Virginia incomes 1920 900 and the first skies
$l44 00O leaving 81 .OOO. 900 to be divided among
the rest of the list Erie seconds were particu-
larry strong all day, and closed with gain of 81
per cent Other gains were, Chesapeake &
Ohio currency SKIES Il; Indiana Bloomington
Il Western seconds, 3; indianapolis, Decatur &
Springfield, II; Louisville & Nashville, 1910
skies, 2; Texas Pacific & Rio Grande, skies, 5;
and the terminals, 5: Texas Central firsts. of
1911, II; st. Louis, Kansas City & Northern real
estate sevens, 81; Green Bay incomes, II; Mobile
& Ohio second debentures, s. St Louis, Alton &
Terre Haute dividend bonds, 81 and New York.
Susquehanna & Western frsts, coupon off, q.
Ohio Central incomes are down l and 2. There
are no other important declines.
The stock market has been active and strong.
especially for the Vanderbilts, the coal stocks,
Louisville & Nashville and some of the low
priced securities. The grangers were, however,
barely steady and the Northern Pacific, Oregon
Transcontinental and Chicago Burlington
& Quincy were heavy. The ad-
vance in the Vanderbilts was due
to the announcement that the Central Traff C
Association had elected commissioner had
agreed to the formation Of pool on a money
basis, and had adopted a resolution to
restore rates east bound next Monday.
The strength in Lake Shore was
further stimulated by report in the afternoon
that settlement had been effected with the
Nickel plate bOndholders. on a basis of 3 per cent
Lake Shore strong from the opening to the
close of the board, but it's most rapid advance
was made in the last hour when it rose II per
cent. and closed below the best price of the
day, with a net gain of q per cent In
the afternoon New York Central touched
par for the first time this year.
yielded later to 99s, rallied again to
par, and closed at that price, a gain of. II per
cent. Michigan Central is also q higher. Lack
awanna rose to l0l, and closed below that
price, net gain of per cent Delaware &
Hudson is up Il, New York Central J, Louis
vile & Nashville l, Texas & Pacific and NJ. X.
& It. II. Northwestern opened and
almost Immediately sold at 1O3,
but it was heavy during the remainder of the
day. and closed with loss of ], while ST. Paul,
With fluctuations of only ), is higher, and the
Missouri Psci6cs and Oregon Transcontinental
are down each / Comparing prices this
evening with those of week ago.
nearly everything is higher Western
Union being the only prominent exception, with
q loss of . per cent. Louisville & Nashville
is up g., Lake Shore 81, Texas Pacific 3. NJ. X.
& T. q, New Jersey Central ., Delaware g.
Hudson "a, and Northwestern 2. The total sales
for the week were 1894 9l8 shares against !. O13
$50 shares for the five business days of last week
The market closed with the following prices
hid.