The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-02-01
CONDITION OF THE MARKETS.
Dull and Listless Feeling in Wheat,
Prices Ruling Moderately Steady.
Corn a Shade Firmer on Small Business
Speculative Purchases Cause an Advance
n0atS--Better Feeling in Provisions.
MONEY, BONDS AND STOCKS.

Continued Improvement In Railway Bonds
Stocks Strong and Moderately Active.
NEW YORK, JAN 3O.-Money on call was
easy at l302 per cent
Prime mercantile paper 405 per cent.
Sterling exchange was quiet, steady and I'M
changed. !.
The total sales Of stocks to-day were 81, 176
sEares, including the following: Delaware.
Lackawanna & Western, 56670 Delaware &
Hudson G, 905; Erie, 9o10; Kansas & Texas, 1854;
Lake Shore, 80. 14o; Louisville g. Nashville, 10,
t2I6; Missouri Pacific, 3,136; Northwestern IS 1856;
New York Central, 1870; Pacific Mail. Id, 275;
ST Paul, AZ, $50; Union Pacific, $685.; Western
Union. 49, AGO. Northern Pacific preferred. 20, IT'S;
Oregon and Transcontinental. 1875.
Government bonds were dull and steady.
State bonds were fairly active and strong
There is continued improvement in the rail
road bond market, both in amount of business
and in quotations, due, in part, to the announce
ment of another government bond call and the
prospective increase of the large surplus of
money seeking investments. The total sales to-
day were SO, 142, 900. of which the East Tonnes
see issues contributed $4,000, and the West
Shore tours 1892 600 The East Tennessee con-
solidated fves made further advance of IL. to
rs, and the same, coupons off, IL. to SO. The
total sales for the week $13 430 600, and for
the month of January, 500, 500. 600.
Stocks were decidedly strong, but only moder-
ately active. Although the opening was some
what irregular, nearly everything was fraction
ally higher, the greatest gain among the active
stocks being in Delaware & Hudson, while Lake
Shore and st. Paul were a shade lower. In the
carly dealings there was a decided upward move
ment IN Lackawanna. which rose per cent
Thereafter it remained firm at the advance until
later. when there was an upward movement
which carried the price to 1194, and it closed
with net advance of ii. The Vanderbilts show
only slight changes. A "bear" raid was made upon
Lake Shore after noon, driving the stock down
to 84s, but it rallied sharply the moment the
pressure was withdrawn, and closed at BOT, a
decline OF I. 1t is the only stock on the active
list that is lower There was active buying of
the exVilard stocks which considerably puz-
zied board room traders, as it did not appear to
come from the old friends of those companies
Northern Pacific preferred closed at its high
est price of the day, and shows an advance
of II. Oregon Navigation is also II higher
Pacific Mail, after selling at SO, closed at Sta
gain of IL. On small transactions there was q
decided upward movement in Missouri Pacific,
and 1t closed with an advance Of 24. The up
ward movement to day was made in the face of
numerous reports, all tending to show that there
was general Generalization in both freight
ana passenger rates, not only IN the vest, out
also on the seaboard. This was also true of the
coal trade which is described as being in as bad
aeoudition as was ever known
Prices this evening, as compared with last Sat
urday, show advances, generally, of to per
cent the latter Louisville & Nashville which is
mp 4s: Missouri Pacific gained 81; New York &
New England, 3; Delaware g. Hudson q; Lack
awanna and Pacific Mail, each, q, and others
small amounts. On the active list nothing is
lower The total sales for the week were 2, 003,
O03 shares; for the month of January, 8, res, 1856
shares, and prices of the active stocks this even
ing, as compared with the closing figures of Dec.
though Pacific Mail is down 81. Lackawanna lost
81. and Delaware Sc Hudson So and others less
amounts.
The market closed with the following prices
hid: