The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-10
STRONG AND VERY BULLISH.
This Is the Language Employed to De-
scribe the State of the Grain Market.
After Heavy Buying and Wide and FIRE.
quent Fluctuations, the Market Closes at
Slight Advance on Mondays Figures.
MONEY AND STOCKS.

An Unusually Dull and Uninteresting Day
in the New York Market.
NEW YORK, June 9-Money on call was
easy at per cent
Prime mercantile paper 405 per cent.
Foreign exchange was dull and unchanged.
The total stock sales to-day were los, 016s shares,
including the following Delaware, Lackawanna
d Western. 1910; Northwestern, q, $50; New
York Central, 1850; Pacific Mail, $3.50; St
Paul, % $780, Union Pacific, 1890; Western
Union, 1920
State bonds were very dull and quotations
generally firm.
Government bonds were quiet and quotations
firm, the threes advancing in the price bid
Railroad bonds were comparatively dull to-
day, the total sales amounting to only 1881 200,
Of which Erie second consols contributed $780,
Co., There were also some sales of Denver
81 Rio Grande westerns, Missouri, Kan
gas & Texas general, Canada Southern
frsts, and West Shore frsts Prices
this evening" as compared with last
previous sales, are generally higher but the
changes in many cases are only for small frac-
lions. 1t is stated by persons in position to
know that the holders of frst-mortgage bonds of
the Nickle- plate will push foreclosure proceed
InSS dS SOOn as the consent OF ndlI OF the mold
ers is obtained and the ninety days from June l
have elapsed. Nearly onehalf of the holders
have already consented
This has been another very dull and altogether
uninteresting day in the stock morket The to
tai sales (l05, 0l3 shares) foot up few hundred
shares less than yesterday, and of to-day's bust
ness four stocks (St Paul, Northwestern Lack
awanna and Union Pacific) contributed
over 20 per cent, but there was no
special feature developed in tne trading even of
the stocks named. Throughout the forenoon
the market was very steady. generally at small
fractions above the opening figures, but at mid
day the changes were only from to ! per cent.
Tor the most active stocks.
A moderate advance was made after II o'clock
which was lost before P NJ, and then prices
eSere steady again until shortly before the close
when the whole list so far as there was any
trading %eakened and lost portion of the ear
Ear ADVANCE. The break was checked with the
closing quotations anu the market closed barely
steady, with prices or the most active
stocks midway between the highest
and lowest quotations of the Gay.
When it is remembered. however, that the ex
treme fluctuations were for less than per cent.
the insignifcance of the changes will be appar
ent. The closing prices show advances of ! to
for most of the active list, Northwestern being
the only exception, which was steady all day
within a fraction of the highest. The last sale
dividend on. was at 934, and the first sale, ex.
dividend of II per cent, was made at 903 from
which it broke, before 8 o'clock, to s9a. and
closed at s9s-a net loss of J. with sales of
only 300 shares. Oregon Railway and Navigation
dropped per cent and small business
Oregon Transcontinental is down J. part of
yesterdays heavy break in the Omahas was re-
covered today, the common advancing and the
preferred Ii.
The market closed with the following prices
bid: