The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-29
CONDITION OF THE MARKETS.
Commodities of All Kinds Exhibit In
creased Strength and Activity.
deaVy Offerings of Wheat Fail to Check the
ADVANCE, and the Market Closes Firm
Provisions Strong at Higher Prices.
MONEY, BONDS AND STOCKS.

Tae Market Presents but Few New Features
Coal Stocks Monopoiize Attention.
NEW YORK, Nov. 27-Money on call was
active at a 6 per cent. closing at 4G5 per cent
Prime mercantile paper 405 per cent
Sterling exchange was dull but steady at
a. S0a for sixty-day bills and 81. "a for demand.
The total sales of stocks to-day were 6Ol, 533
shares including the following Canada South
ern, 6040; Delawars, Lackawanna & Western
90 200; Erie, 54O0 Kansas 6 Texas, $685.
Lake Shore, 27,277; Louisville & Nashville, TO-,
$50: Memphis 6 Charleston, 100; New Jersey
Central. 80 $780, Reading, 3O6 O4O St. Paul, s2l5
Texas g Pacific, 1910; Western Union, 6O4O
Oregon g Transcontinental, 2,01O; Hooking Val
icy, 1881.
n l,o7 81 i ment bonds were dull and firm.
State bonds were quiet and firm.
The stock market presented few new features,
Reading and Lake Shore monopolizing the
speculative interest. To the afternoon. however,
the coal stocks came more into prominence and
were strong and active, in sympathy with Read
ing The trading in the latter was the largest
ever known. and its sales were over one-half of
the large business done in all stocks. The buy
ing was very good for both foreign and domestic
account and the trading accompanied by
great excitement The Vanderbits were all
strong, the very favorable statement of the
Lake Shore causing much comment. Most of
the speciaties were heavy to weak as were also
the coal stocks until the last hour, when the in
Shuence of the strength in Reading reached them
aud rally was the result Richmond d West
Point dropped per cent early ia the day, and
Memphis q Charleston declined points Both
recovered partially later in the day. Colorado
Coal made further advance, but Philadelphia
Gas fell per cent on an adverse decision
in regard to the patents claimed
by the company The general list
was quiet and generally heavy The opening
was firm, the gains over last evening being to
l. The general list was heavy. and so con-
IN sympathy with Reading occurred
soon after noon, and Jersey Central and
Lackawanna became quite strong and active.
The close Was about steacy. Sales, Col, 533
shares Reading furnished 306,040 Jersey Gen.
trail 30 $50; Lackawanna, % 200; Lake Shore.
27277; Richmond g. West Point 2l.785. Final
changes are about equally divided between small
gains and equally small losses. The only i'm
portant decline was in Richmond q West Point.
per cent Reading is up %, and Lacka-
wanna II
Railrord bonds were somewhat less active.
Sales, So O03 600 West Shore tours furnished
S28l, e00- and Denver e Rio Grande tours. $685.
COO Colorado SKIES were also prominent
Prices were firm in the morning, but became ir-
regular later IN the day, though majority of the
important changes are in favor of higher figures.
Chesapeake g. Ohio frsts. coupon off, rose
8, to 985; Rock Island registered SKIES, 2 to 1877;
Northwestern Sinking fund fves, 2 to 1884; To-
ledo. Ann Arbor & Grand Trunk frsts. 3. to LOG;
Missouri Pacific threes lost A. at 49, Mobile g.
Ohio first debentures, 2. to 70, and Ohio South
ern incomes "a, to A. Closing quotations were: