The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-31
WHEAT GOES STILL LOWER.
The Greater Part of the Receipts Fail
to Reach the Contract Grade.
Corn Inactive and a Shade Easier-Limited
Transactions in Provisions and No
Material Change in Prices.
MONEY, BONDS AND STOCKS.

Continued Activity in Railway Bonds-Some
Improvement in Stocks.
NEW YORK, Oct. 30-Monev on call was
sasy at "a per cent.
Prime mercantile paper, 405 per cent.
Foreign exchange was dull and unchanged.
The total sales of stocks to-day were 389, 83l
shares, including the following: Delaware,
L~ackawanna g. Western, q, 400; Erie, 16. 965;
Lake Shore, 36, 1880; Northwestern, 10. 1886; New
York Central, 1890; Northern Pacific, S,625;
Pacific Mail, SOLO; Reading. 2 ,510; st. Paul,
2S, 165; Texas Pacific, 10, 800; Union Pacific 5. 900;
Western Union, 67,585; Northern Pacific, pre-
ferred, "a, 200; Oregon & Transcontinental,
g, 100; Kansas & Texas, II, 1920.
Government bonds were dull and strong.
State bonds were very dull and heavy.
There was again an active and we'll distributed
business in railroad bonds, with more or less
speculative trading in the Erie second ~consols,
the Atlantic & Pacific and the East Tennessee
issues. The total sales were SO, 1858, 000
There was some Improvement in the stock
market to-day, both in the amount of business
done, and in the prices realized, Notwithstanding
the fact that the general sentiment on the street
last evening and this morning was more bearlsh
~ W lEDIHtuIdL6 W ID any LlLl0 S1uC
top prices were reached last week. The only
very active stock to-day was Western
Union, the sales of which were
$1,000 shares; but there was a good
business in Lackawanna, Like Shore, Reading,
Missouri Pacific, Oregon Transcontinental and
St Paul. The total sales to-day were $50, $50.
The opening was somewhat Irregular, but gen.
orally ] to J per cent. lower, and IN many cases
there was a further decline of ] TO in the early
dealings. AT this time the lowest prices of the
Aan xuow 1naHn n1o xuaozDncc mo Cnan foI-
lowed by a firm market. during which prices
made persistent but slow progress upward,
until about l o'clock, when there
was a slight yielding and in the
last hour the market was decidedly strong for
some stocks and steady for others. The closing
was somewhat irregular, and in som cases at
the highest quotations reached, while others
were 1 to : below the best figures. Comparing
closing figures with those of last evening, how
ever, the advances range from ! to over l per
cent The greatest gains among the active
stocks were in Missouri Pacific and Western
Union. The latter developed decided strength
IN the last hour, during which it rose over l
per cent. and closed / below the best prices
is up per cent; Canada Southern is :
lower. The Changers show only fractional
gains, except Manitoba, which made a net loss
of Unusual interest is taken in the Northern
Pacific and Oregon & Transcontinental. 1t was
Fumored here that an injunction had been OBJ
tanned, restraining the delivery of the Northern
Pacific stocks on the Oregon & Transcontinental
notes. but the story was denied, both by Presi-
dent Ralston, Of the Farmers Loan and Trust
Company, and the president of the Oregon &
Transcontinental The stock has been delivered
for a week past. Northern Pacific preferred
shows a gain Of II. and the common Z while
Oregon & Transcontinenta is Il higher. Union
Pacific was weak most of the day, and closed
with a gain of only / Louisville & Nashville is
down 3 per cent.
The market closed with the following prices
hid.