The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-28
CONDITION OF THE MARKETS.
Commodities of All Kinds Exhibit In
creased Strength and Activity.
Heavy Offerings Of Wheat Fail to Check the
ADVANCE, and the Market Closes Firm
Provisions Strong at Higher Prices.
MONEY, BONDS AND STOCKS.

The Market Presents but Few New Features
Coal Stocks Monopoiize Attention.
NEW YORK, Nov. 27-Money on call was
active at Sac per cent, closing at 405 per cent
Prime mercantile paper 405 per cent
Sterling exchange was dull but steady at
$780, for sixty-day bills and 81. for demand.
The total sales of stocks to-day were Col, 533
shares. including the following: Canada South
ern, 6,O40; Delaware Lackawanna & Western,
%, 200; Erie, 54oO; Kansas & Texas, 5.O95;
Lake Shore, 27,277; Louisville & Nashville, TO-
730; Memphis g. Charleston, 7,10o New Jersey
Central, &c, $50; Reading BOG 040; St. Paul, S,2l5
Texas & Pacific, 1880; Western Union. 6O4O
Oregon e. Transcontinental, 2,010; Hooking Val
ley, 6.3Sl.
Government 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. In 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 it's 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 was accompanied by
great excitement. The Vanderbiits were all
strong, the very favorable statement of the
Lake Shore causing much comment. Most of
the specialtes were heavy to weak, as were also
the coal stocks until the last hour when the in
fuence of the strength in Reading reached them
and rally was the result. Richmond q West
Point dropped per cent. early In the day and
Memphis 81 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
I. The general list was heavy, and so con-
tinued most of tho day though rally
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 Cen
trail, 80. $50; Laokawanna, 28 200; Lake Shore
27,277; Richmond e. West Point. 81. 1855. Final
changes are about equally divided between small
gains and equally small losses The only i'm
portant decline was in Richmond & West Point
per cent. Reading is mp So, and Lacka-
wanna Il
Railrord bonds were somewhat less active.
Sales, So, 003, 000 West Shore tours furnished
1921, 900, and Denver & Rio Grande fours $685.
O00 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 & Ohio frsts. coupon off, rose
3. to $751; Rock Island registered SKIES, 2. to 1877
Northwestern Sinking-fund fves, 2, to 1854; To-
ledo, Ann Arbor & Grand Trunk frsts g to 106
Missouri Pacific threes lost Al, at 118; Mobile q
Ohio first Gebentures, 2, to 20, and Ohio South
ern incomes q, to A. Closing quotations were