The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-01-01
CONDITION OF THE MARKETS.
Wheat Opens with Active Trading,
Which Is Followed by a Dull Market,
Though Prices Advance Slightly. and the
Grain Is Firmly Held-Proyisions Strong
- er ON Light Receipts of Hogs.
MONEY. BONDS AND STOCKS.
Active Trading in Railway Bonds-The Sto
naarIrof Dull and ReafureIass

Active Trading in Railway Bonds--The Stock
Market Dull ana Featureless.
NEW YORK, Dec. 3l.-Money on call was
easy at 203 per cent; although at one time it
was as high as 5, it closed at g.
Prime mercantile paper, 405 per cent.
Il. Foreign exchange was dull and unchanged.
The total sales Of stocks to-day were 24l, All
shares, including the following: Delaware,
Lackawanna g. Western, 1900; Erie, &c, 225
Kansas & Texas, 8416 Lake Shore, 2l,S26
Northwestern. 1885, New York Central, 1s,74O
Pacific Mail, 1861; Reading, 1890; st. Paul,
"a, 22O; Texas e Pacific, 1925; Union Pacific,
s. 1885, Western Union. 13, 900; Northern Pacific,
preferred, 1880
Government bonds were dull and steady.
State bonds were very dull and steady
Railway bonds were very active, and the bust
hess was we'll distributed, with the exception of
! heavy trading in West Shore tours. The total
sales of these were 81, 6070 00 The bonds clio sed
at 1922, with gain of per cent. after fluctu-
ating between 1921 and 1044 The total trans
actions amounted to Sc, 100000. There was
moderate activity in Erie second consols, Nickel
plate frsts, Canadian Southern seconds, North
ern Pacific seconds and some of the Lake Erie
81 Western issues. Prices are generally higher.
The sales for the month were $19;184, 600,
against $S9, O53, O0O for November
Stocks were dull and featureless. The market
opened shade lower, and, after small upward
movement, there was slight reaction. The
lowest prices of the day were made between IL
and IL O'Clock. The tone was firm throughout
the afternoon, and in some cases the earlier
losses were entirely recovered. Prices this eve
ming are about equally divided between advances
and declines The trading in New York Central,
although not'large, furnished prominent feat
ure; the stock opened at 1 03aa and sold early at
1861. At IL o'clock, on the announcement of the
| declaration of dividend of per cent, it sold
dividend at 1044, but rallied quickly to 1857,
closing at 1867. net gain of per cent. 1t was
generally understood this morning that Lake
Shore would pass its dividend, and the stock
was inclined to be heavy, closing with a loss of
per cent The total sales were Al, AIT shares.
Among the advances are: Missouri Pacific, II;
Manitoba, Is, and Texas s. Pacific per cent.
Reading lost a; Laekawanna, :; New Jersey
Central, 6, and Delaware 81 Hudson per cent.
Al feature was c.. c., g. e l., which
opened at 58s, rose TO 60 and closed
at So The market closed dull but generally
strong. The total sales for the month were 10,-
9l5 500 shares, against 13 452, 500 shares for No
! vember. The changes in prices were generally
for only small amounts. Lackawanna shows a
gain of Az and Missouri Pacific per cent. Louis
vile 81 Nashville is down 8, Missouri, Kansas g.
Texas /, Northwestern and Western Union 81
4 per cent each, and Texas & Pacific 81.
The market closed with the following prices
hid.