The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-18
CONDITION OF THE MARKETS.
A Dull Day In the Wheat Pit, Accom-.
panied by q Somewhat Heavier Tone.
Provisions Quiet and Strong, with Slightly
Higher Prices for Pork-COrn Easy and
LoWer-0ats Dull and Unchanged.
MONEY, BONDS AND STOCKS.
Nothing New In Stocks, the Activity BENZ
Confined to q Few Specialties.

Nothing New I'm Stocks, the Activity Being
Copfined to q Few Specialties.
NEW YORK, Oct. 16.-Money on cali was quiet at
h16 per cent, closing at asked
Prime mercantile paper 405 per cent.
Sterling exchange was quiet but steady and un-
changed.
The total sales of stocks to-day were 432, 306
shares, Including the following: Canada Southern,
ke65; Delaware, Lackawanna s. Western, SO, O30;
Delaware Sc Hudson, -. 756; Erie $500; Missouri,
Kansas & Texas. 1885; Lake Shore, Ii, 400; Lou
hville s. Nashville 5,2s5; Northwestern, 4,325 New
Jersey Central 80 62O Ohio s. Mississippi, 1900;
Pacific Mail 6535; Reading, o,570; ST. Paul, 49,
boo; Western Union $500; Northern Pacific. 80,
C3O.
Government bonds were dull but firm.
State bonds were dull and steady.
Stocks presented the same general features yes
terday, the principal activity being confined to few
Bpecialties while the general market was compare
Gvely dull and its fluctuations slight, The coal stocks
were the chief feature and while Lackawanna and
Delaware & Hudson, with the bituminous coal roads,
were strong Jersey Central was weak, and Reading
barely steady. Other specialaes which displayed
marked strength were Manhattan. Nickel-pate
and . Ohio 8 Mississippi w.t. the pro.
the price of the latter. New England was especially
weak heavy selling. Lackawanna was the leader of
the market out its extraordinary strength due in
g large measure to manipulation The depression in
Jersey Central is due principally to the publication of
that in the ganizaton proposed
nent of Is per cent would be levied upon the stock
The market was active throughout the day, and was
subject to frequent fluctuations which in great
ure neutralized each other. The opening was
generally strong at from g to u above the
closing figures of last evening 1t developed
much rreguarty and feverishness in the early trad
ing which, however, soon disappeared and the mar
ket moved up in unison. The gains were generally
lost by noon after which there less business and
alternate advances and declines until the close which
firm. Sales, 432, 306 shares. Laekawanna con-
tributed SO, O30 shares and Jersey Central 80 800
followed by Texas Pacific trust receipts, Hooking
irregular changes though majority of the active
comprise Jersey City, Ia New England lie, and
Manitoba. l. Nickel-plate common is up pa, the
preferred gle; Lackawanna g; Hooking Valley, L.
and Delaware & Hudson. 11a Sales for the week
were $50, 189 shares, against 3095 3O5 last week
Prices almost invariably higher, Jersey Central
being the only notable exception with loss Of per
cent, while there advances from 21s, in Man
haitian, to less than per cent.
Railroad bonds were moderately active and general
comes furnished $40, 900, Hooking Valley consuls
R31600O and Fort Worth s. Denver frRts &17O-
0OO Hooking Valley fves are pa per cent. higher,
Rt 1854; l.. B. & W. seconds, 3. at rs; Detroit, Mack
naw Marquette frsts, 4. at 81 a. and the incomes
b1a at 80. Louisville s. Nashville, E., r. & N. frsts
lost gig at 11310 and Indiana, Bloomington 81 West
ern incomes 27s. al 1904. The sales for the week
ore $40, 2l1 600 against $117 76 900 for the pre-
vious week Closing quotations were: