The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-08-16
THE INDIANAPOLIS NATIONAL BANK
Designated United States Depository,
Corner Room Odd-fellows' Hall.
THO p HAUGHEY. Prest Fl. LATHAM. Cash ;
CONDITION OF THE MARKETS
Wheat Opened Buoyant, but After Fluct
nations Fell Back and Closed Lower.
The Recent Rains and the Advance in Lake
Freights Depressed the Corn Market
Provisions Weak and Lower.
MONEY, BONDS AND STOCKS.

Ali Glasses of Bonds Dull-StocRs Extremely
Dull
NEW YORK, Aug. 14-Money on call was
easy, ranging at from 3 to 81 per cent, closing
at 4 per cent. Prime mercantile paper 405 per
cent. Sterling exchange quiet at a. 8204823
for sixty-day bills, and o. S404844 for demand.
The total sales of stocks to-day were 96. ZIG
shares including the following: Delaware,
Lackawarna 6 Western, 6,e7o; Erie, $40;
Missouri, Kansas & Texas, 4,790; Lake Shore,
1l,44O; Northwestern, 4,27O; Peoria. Decatur g.
Evansville. 8. 100; St Paul. $3.50; Texas & Pa
cifc. 4,623; Western Union, 3440, Northern Pa
cihc preferred 4,05S.
Government bonds were dull and steady to-
day.
State bonds were dull and steady.
Railroads bonds were dull and generally heavy
The total sales to-day were 1921, 0G0. Texas 6
Pacific issues were the only ones displaying any
activity, and the trading was confined to an IN
usually small number of issues Prices con-
tinued heavy throughout the day, and final
figures generally show declines. Chicago, Bur-
1ington g. Quincy debentures lost 2. at 1861;
Cleveland, Columbus, Cincinnati q Indianapolis
consols q at los; Richmond 81 Allegheny trust
receipts 81 at 70; Shenandoah Valley general
skies 81, at 36A
The conspicuous feature of to days stock mar
: ket was its extreme dullness, due In some meas
ure to the uncertainty of the immediate future.
The news received on the street was very meagre
and Of little Importance. London is credited
with again being buyer, but the operations
amounted to but little. The fluctuations had lit
Gle or no significance and final prices are only
slight fractions different from the opening fig
ures. The bank statement, when issued, showed
further reduction Of the surplus reserve, but ii
was too small to have any perceptble effect.
Prices at the opening were generally within ]
per cent of last evenings final figures, the only
notable exception being Louisville & Nashville
and Canada Southern, each of which were
up per cent The opening was tame and unin-
teresting, which may also be seid of the succeed
Ing transactions. Prices were generally firm,
and slight advances were established. but were
lost before noon, and afterwards dull and
rather heavy markea succeeded, which lasted
until the close which was dull and steady at
quotations Peoria Decatur g Evansville and
Manhattan Consolidated were conspicuously
strong throughout the day, and especially in the
forenoon. They were joined in the Afternoon
by New Jersey Central p, d. g E. is up Il
per cent, while advances and declines in the rest
of the list are for small fractions only. The
Mail and Express says: Trading in mining
shares was very small. Sutro Tunnel sold at 10;
Plymouth, 15aa; Eureka. 245; Bodie, $50; Silver
Horn, 230" Closing quotations were: