The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-19

Stocks Excited and Irregular, Closing Weak
and Lower-Bonds Also Irregular.
New YORK. Oct 1s.-Money on call was act
i've, ranging from to 10 per cent, closing at 8
as
Prime mercantile paper as per cent.
Foreign exchange was dull and steady to firm;
actual business at $4S1048 14 for sixty-day
bills, and "a. 81 04843 for demand
The total sales of stocks to-day were 52S. 045
shares including the following: Canada South
Brn, 1850; Delaware Lackawanna e. Western.
$3.50; Delaware & Hudson, 5,8l5. Erie, $780,
Kansas & Texas. $780, Lake Shore, 1885,
Louisville & Nashville, 1885, Manhattan Con-
solidated 11.O40; Northwestern, $780, New
Jersey Central, 81, $40; Ohio & Mississippi $780,
Pacific Mail, $500; Reading, 20, $50; ST. Paul,
is, 800; Texas Pacific 16. 900; Union Pacific 740O
Western Union, 2l,S6S; Oregon G. Transconti-
mental $3.50.
Government bonds were dull and steady to
firm.
State bonds were d1ll and steady.
The new week opened with an excited and
Irregular market, in which the principal features
were the weakness in Manhattan and Jersey
Centrsl, which latter, to a certain extent af-
fected the other anthracite companies, and the
extraordinary strength shown by Hooking Val
ley and some others of the specialties. The
elimination of the ''short" interest in Manhattan
caused it TO be offered down this morning, which
met several stop orders and drop of nine points
In the first fifteen minutes was the result. This
brought in liberal buying, which quickly rallied
1t per cent, though it shows net loss of
per cent. at the close Jersey Central was
ha
weakest stock on the list The Vanderbilts
and grangers were quiet throughout the day.
There was some London buying of Nickel plate,
but, after opening higher, it sold off steadily
throughout the day. The strength in the mar
ket was shown entirely by the specialtes and
Hooking Valley, Susquehanna g Western, At
lantic & Pacific, Ohio Southern and Toledo 6
Ohio Central preferred show material gains.
The Opening was irregular but generally lower,
the differences being for small fractions in a ma
jority Of cases. while Jersey Central was off
per cent The market was irregular but gener-
ally work for the first half hour, and many stocks
reached their lowest point in the first fifteen
minutes. Prices then rallied, after which they
were alternately weak and strong until the last
hour, when rumors to the effect that an infu-
entail operator was in trouble again caused
free selling and the market closed weak, in
many cases at the lowest of the day Money
WAS run mp to 10 per cent. in the afternoon.
which aided the final decline. Sales. &c. 045
shares; Hooking Valley recorded 60 459; Jersey
Central. 81, $40; Lackawanna, SO, $50. Hooking
Valley is the only active stock which is higher,
Its gain being Il; Manhattan lost 4 Jersey Cen
trail, 81: Lackawanna q; Nickel-plate preferred
B the common. II, and Union Pacific, II
Railroad bonds showed more strength than
shares. but were equally Irregular The sales
aggregated 81 142. 300 Atlantic & Pacific incomes
furnished $500, 900; Ohio Southern incomes,
s235000, and Hooking Valley fves $210, 600
The features of the trading were the strength in
the Detroit, Mackinac 81 Marquette issues and
the Ohio Southern incomes, and the weakness in
the Jersey Central issues Closing prices show
Irregular changes Alton sinking fluid rose 2,
to 2l5; Chicago 81 Eastern Illinois consols o.
to 1l3; Detroit Mackinac & Marquette land
grants, 3, to 43a, and the incomes g to AL Ohio
Southern incomes. q, to All. Jersey Central
consols lost q, at III; the debentures, g. at &c.
Denver & Rio Grande Western frsts 81, at rs
and Indiana, Bloomington s. Western seconds,
81, at 7l4 Closing quotations were: