The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-06
CONDITION OF THE MARKETS.
Small Business in Wheat, and but Very
Little FluctuatiOn in Prices.
A Fair Demand for Corn Causes Slight Ad-
vance in CHARACTERIZATION Show Some
Strength Early. but Decline Later.
MONEY, BONDS AND STOCKS.

Increased Activity In Stocks-Railway Bonds
Fairly Active, with Irregular Changes.
NEW YORK, Nov. 5.-Money on call was
active at 407 per cent, closing at per cent.
asked.
Prime mercantile paper, 405 per cent.
Sterling exchange was fairly active and
steady, at 81 803 for sixty-day bills, and "a. "a
Cor demand.
The total sales of stocks to-day were 34l. 098
shares including the following Canada South
ern. 1910 Delaware, Lackawanna & Western.
7,400; Delaware g. Hudson, 1850; Erie, 2,62O
Kansas g. Texas, $500; Lake Shore, $4,000;
louisville & Nashville, 7,745 Missouri Pacific,
A675; North western, 6, $50; New Jersey Central.
81, 100; Ohio & Mississippi 3,400; Pacific Mail,
1882; Reading, 22,7lO ST. Paul, 1850; Texas
& Pacific. 1920; Western Union, 1880; Oregon
b Transeontinental, % 970
Government bonds were dull and heavy for
She registered four snd-a hafs and coupon tours.
State bonds were dull and steady.
Stocks were more active. More life was no.
ticeeble in the usual leaders of speculation es-
pecialy the Vandsrbits and grangers. The lat
Ger were sold by Chicago on the decreased earn
lngs and the threatening aspect Of the labor
troubles at that point. The early dealings were
rendered irregular by the moderate selling for
London account, which most noticeable
IN Lake Shore, New York Central, ST. Paul and
Reading, though it was suspected that a large
proportion of this selling emanated from this
eide of the water. Among the notably strong
stocks, c., c., G. q l. was bought by insiders
. dividend Of 81 per cent would
pc declared next month. Consolidated Gas and
San Francisco were all strong, and served to
rally the general market, which was strong un-
til about I:30 o'clock. and remained steady to
Arm until the close. Jersey Central ard Read
ing also attracted considerable attention for
their activity and strength The weak spots in
the market were the Transcontinental stocks,
on account of the unfavorable outlook for a set
Element Oregon e. Transcontinental was one
Of the features, and it was bought heavily, it
was supposed, for the account of Mr. Willard.
The opening was weak, and the de-
elnes in the active list ranged from ]
TO D. The weakness continued for a
short time after the opening. The market
soon rallied, however, and by noon prices were
generally fractions above the opening. slight
decline was followed by another general advance.
The movement eliminated about lao, after
which there was little movement In prices. and
the market closed steady to firm. close to the
best of the day. Sales, 341 ,098 shares. Rich
mond & West Point furnished 3d. ITO; Jersey
Central, 80, 100; Oregon & Transcontinental, 3d.,
O70 Reading %. 7l0. The other active stocks
we're New England Lake Shore Western Union.
Consolidated Gas, ST. Paul and Erie There
some few declines TINS evening, but they are for
fractions only, while West Point is up At; Jersey
Central. IL; c., c., G. & L, 81; Oregon & Trans
continental l, and others fractions.
Railroad bonds were moderately active; sales,
81 652.000 Fort Worth & Denver irsts contrib
uted 1929 0O0 Prices were generally firm, but
yielded somewhat late in the afternoon, and
final changes are irregular Burlington, Cedar
Rapids & Northern consolidated fives rose 81, to
1921; Houston & Texas Waco division arsts 2, to
the seconds. 9. to 80; Milwaukee g North
srn Sizes of 1918, 2, to 104; Burlington &
Quincy fours of 1921, lost So, at 92a Rock
Island registered skies, S. at 1875; Jersey Central
debentures. 4. at so; Chicago & Western In
diana general mortgage. z, at 100; Lackawanna
sevens, of 1907. 80, at 1868. Closing quotations
wsre: