The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-16
CONDITION OF THE MARKETS.
Wheat Opens Easy and Advances On
Warlike RumOrs from Europe.
Corn Firm and Shade Higher-0ats Steady
and Higher-PrOvisions Firmer at Slight
ly- advanced Prices-Flour Unchanged.
MONEY, BONDS AND STOCKS.

A Quiet Day Until Near the Close, When
Coal Stocks Became Prominent.
NEW YORK, Oct. 15.-Money on call was
active at 407 per cent, closing at 4 per cent
Asked
Prime mercantile paper, 405 per cent
Sterling exchange was strong but dull at 81. 81
for sixty-day bills and "a "a for demand.
The total stock sales to-day were 415, 461 shares
including the following: Canada Southern, 1876
Delaware Laekawanna & Western, n, $40; Della
ware G Hudson, 1850; Erie. 10, $50; Kansas &
Texas, 0.765; Lake Shore, 1890; Louisville B
Nashville, $3.50; Manhattan Consolidated, S,002
Missouri Pacific, 5,437; Northwestern, 10000
New Jersey Central, 90, 72O; Pacific Mail, 9,211;
Reading 1880; st. Paul, 81, ITO; st. Paul 6
Omaha, 4,0S2; Western Union, 1887.
Government bonds were in good demand and
stronger
State bonds were dull and steady.
The stock market was again quiet, and pre-
scented little feature of special interest until to-
ward the close, when the coal stocks came into
prominence, and the volume Of business was
largely increased The London market, which
was Influenced by prospects Of war in the East,
reacted upon the market here and prevented
buying 70 q certGin extent, and the general list
was rather heavy throughout the day The
news of the day was generally of favorabl
character, but had very little effect upon prices
The advances made were entirely in the special
ties, Manhattan being most conspicuous, it's ad-
vance alone being per cent; small fraction
only was lost towards the close. Late in the
afternoon the coal stocks were the prominent
feature and they all advanced materially, es-
oiallv Va11
advance Is attributed to the favorable prospects
Ia consequence of the formation Of the new BIZ
luminous pool. The Nickel-plates continued
their advance, although there is nothing new to
be said The opening was Irregular though
generally heavy, and the irregularity continued
for short time, when the strength displayed by
the specalties rallied the general list. Toward
noon, however. the market yielded and became
quiet, and so remained until the last hour. DER
gey Central dropped over / per cent toward
O'clock, in consequence of the appointment of
the new receivers, but the great strength of the
other coal stocks rallied 1t in the next hour with
the remainder of the list The market closed
Arm and active The total days business was
4I5,621 shares. Lackawanna contributed n, $40
shares; ST. Paul, 31.110, and Hooking Valley
90 703 Most of the active list show fractional de-
clines this evening, ranging. up to per cent.
only, but Manhattan made net gain of
81; Hooking Valley, q; Lackawanna and Della
ware b Hudson, II each, and Nickelplate pre-
ferred, IL.
Railroad bonds showed some little increase in
activity, which was, however, confined princi-
pally to Atlantic & Pacific incomes in which the
Gales were S418, 900, and Fort Worth g Denver
hrsts, which furnished $293, 900, out of total
days business of 81. s23. 900. Both of the bonds
above mentioned were strong, and the Atlantic
& Pacific incomes made a pet gain of Q per
cent, st 800, and Fort Worth & Denver irsts,
p, at 862. Central Iowa frsts, coupon off,
gained 2, at Toe. and the Eastern division skies,
5, at IS; Rock Island coupons, skies, e at 14O;
Denver q Rio Grarde frsts, q, at 124, and
Louisville & Nashville 10-40s, 2. at 81. Indiana,
Bloomington & Western 1rsts lost 2. at 95 and
the seconds 81, at r. Closing quotations were: