The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-21
CONDITION OF THE MARKETS.
The Wheat Market Rules Heavy and
Closes a Fraction Lower.
Corn Steady, with Only Slight Fluctuations
Active Trading in Provisions, Which
Close Steady at Nearly the Best Prices.
MONEY. BONDS AND STOCKS.
Very Heavy Dealings in Both Railway Bonds
and Stocks.

Very Heavy Dealings in Both Railway Bonds
and Stocks.
NEW YORK, Nov. 20.-Monev on call was
easy at 203 per cent
Prime mercantile paper, Al 053 per cent.
Foreign exchange quiet at $4.S24 for sixty
days, and 81. s4s for demand.
The total sales of stocks to-day were 7o3
137 shares, including Delaware, Lackawanna
Western, 1880; Erie, "a, 725; Kansas e. Tex
as g. 885: Lake Shore, "a, 500; Louisville & Nash
vile, $3.50; Northwestern, 80, 600; New Jersey
Central, 1644O New York Central, II, 275
Northern Pacific, 80, $50; Ohio Central. 20, 239;
Pacific Mail, 34,27O; Reading, 10, 600; st. Paul,
1880; st. Paul & Omaha, 5000; Texas Pacific,
70, 100; Union Pacific, 14,500; Western Union,
~, EGO; Northern Pacific preferred, Is, 400; Ore
gon & Transcontinental 5000.
State bonds were active, and the railway bond
market was even more active than at any time
during the present active period. Sales day
were $7,2l0,000. There was very heavy trading
in Erie second consols ISL, 766, 0OO Atlantic &
Pacific incomes, and the East Tennessee and the
Missouri Kansas 81 Texas issues. The business,
however, WAS more widely distributed than has
been the case of late. The list generally showed
fractional advances There was further adj
vance in Indiana, Bloomington & Western frsts,
which closed with gain of per cent, and the
Eastern division SKIES which are up per cent.
The incomes gained 2 per cent, at 35. A few
bonds are lower
There was halt to-day in the upward move
ment of the prices in stocks and at times little
less activity The total sales were still large,
amounting to 7O3, 135 shares, against 800, 600
yesterday. At the opening prices were generally
4 to higher than last evening, with exceptional
gains for greater amounts. This display of
strength. however, was of short Duration and
list declined to something below first
figures, with decided weakness in
few stocks During the remainder of the
day the movement was alternately up and down
ward, but the declines marked little lower fig
ure. Missouri, Kansas & Texas continues to be
one OF the most conspicuous features of the trad
ing. Total sales to-dry were 90, 900 shares. AT
ter opening higher it failed to follow the gen
eral list, remaining steady during the forenoon.
Later In the day there was rapid advance,
companied by sharp reaction to 81. The stock
closed per cent. lower, with an advance of Il
per cent Pacific Mail was also conspicuous in
the early dealings, opening with a gain of
: per cent, at 20, and declining on heavy
sales, to 67s; but it as quickly rallied above 6S,
and remained comparatively steady between
that price and 604 during the remainder of the
day, and closed at 68s. There was good deal
OF talking during the day about the Baltimore g.
Ohio not having signed the contract. The
street" is good deal mixed as to the actual
relations that exist at present between the
trunk line officials. 1t was reported to day that
the Baltimore & Ohio company had already
secured control of the Staten Island Transit
Companys property. which it intended to
use in securing New York connection.
st Paul is down :, with sales of only 42,S00
shares. Decided feverishness and weakness was
developed in Jersey Central and Reading. The
former, after opening up !, and making numer
fluctuations, closed with loss of II per cent.
Reading lost per cent, Lackawanna Is down !,
Wabash common ), and preferred Il per cent.
The Northern Pacifics show fractional declines
Oregon Navigation is up p. Among the low
priced stocks Ohio Central was again very act
i've, the sales amounting to over &c, 900 shares,
during which the price rose to q, and closed at
%. The market closed after fractional rally
from the lowest figures, feverish and irregular
The market closed with the following prices
bid: