The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-08
WHEAT A LITTLE STRONGER
Under the Influence of the Warlike
Aspect of Affairs in Madrid.
Corn About Steady, with Heavy Transactions
Oats Quiet-Provisions Firm and Steady
at or Near Saturdays Prices.
MONEY, BONDS AND STOCKS.
Bond Market DulI-Heavy Decline In Stocks,
Especially Coal Roads.

Bond Market DulI-Heavy Decline In Stocks,
Especially Coal Roads.
NEW YORK, Sept Money on call was
slasy at / a II per cent.
Prime mercantile paper, 405 per cent
Foreign exchange was quiet at $4.S3 for sixty
days, and ST. IS for demand
The total sales of stocks to-day were 297. 81
shares, including Delaware. Lackawanna G.
Western, So, $780, Erie, 1890; Kansas & Texas,
1926; Lake Shore a. 600; Louisville & Nashville,
1901; Northwestern, 27,775; New Jersey Gen.
trail, Is, 21S; New York Central, IA $780, Pacific
Mail, 4,647; st. Paul, 49,80O; Texas Pacific,
B,255; Union Pacific. 1885, Western Union,
n, 425 Northern Pacific preferred, $500; Oregon,
& Transcontinental, $500.
Government bonds were dull and strong.
There were no sales of State bonds at the Elk
change.
Railway bonds were only moderately active
sO-day. The total sales were only 81, 356, 900, of
which Erie seconds contributed $616,000
The chairman of the Denver & Rio Grande
reorganization committee announces that the
committee has a majority of the consolidated
bonds deposited in London, Amsterdam and this
city, the amount in London being about 5000 000
in Amsterdam between So 000 900 and So, 900, 900,
in this city 81, 800, 600. A majority of the gen
eral mortgage bonds are also deposited in Am
sterdam, at the disposal of the committee, and
it is expected that limit will soon be fixed by
the committee for the receipt of securities from
parties who desire to participate in the reorgan-
izaton.
The developments of the past week, including
the heavy break in freight rates, the bad showing
of the companies reporting earnings for the past
month, the demoralized condition of the coal
trade and the threatened fight between Western
Union and Baltimore & Ohio. all proved too
much for the bull operators in the stock market
to-day. There was small decline in the open
ing quotations this morning compared with
final prices of Saturday evening. which was fol
lowed by decided weakness in the whole list, but
expressly in Jersey Central and the grangers.
With only slight reaction, the markets continued
active all day. The highest prices were generally
at the opening, and in the cases of Union
Pacific, Lackawanna, and Louisville & Nash
vile, the lowest prices were made about l P. NJ.
During the next hour there rally of per
cent, but in the last hour another break carried
quotations down to Il per cent The market
closed weak. The heaviest declines were made
by the coal stocks, Delaware e Hudson being
down 81 per cent. Jersey Central g. Lackawanna
d Western p, the grangers and Northwestern
losing 2, ST. Louis Il, and Pacific Mail %.
Union Pacific was comparatively steady and
closed Il higher than Saturday. Western Union
and Missouri, Kansas & Texas are down Il
dianapolis is also q lower The total sales for
the four hours of business foot up 279 200 shares
an increase over Saturdays business of FIVE
hours of III 900 shares.
The market closed with the following prices
bid: