The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-09
CONDITION OF TIE MARKETS.
/ Dull Day on Change, the Business Be-
ing ola Local Speculative Character.
Small Transactions in Wheat at Practically
Unchanged Prices-COrn Weaker and
LOwer-Light Trading in Provisions.
MONEY, BONDS AND STOCKS.

Ehe Labor Trcables at Chicago Cause a Weak
Feeling in the Stock Market.
NEW YORK, Nov. 8.--Money call was act
i've at Al a per cent, closing at per cent asked
Prime mercantile paper, 405 per cent.
Sterling exchange was fairly active and strong
at a. S03 for sixty-day bills and ST. 544 for de-
mand
The total sales of stocks to-day were 800, 100
shares, including the following: Canada South
srn, 1000; Delaware, Lackawanna g. Western,
10000; Erie, 1900; Kansas q Texas, $3.50; Lake
Shore, 13 $50; Louisville e Nashville ATS;
New Jersey Central. 26 93l; Northern Pacific,
$3.50; Reading, "a, APO; ST. Paul. 13. 545; ST. Paul
& Omaha, 5000; Union Pacific. S,l10; Western
Union, 12.5lo; Northern Pacific preferred, 49,
5l5; Oregon 81 Transeontinental, 1870
Government bonds were dull and heavy.
State bonds were dull and irrn.
The news affecting the stock market to day
vas small in Volume. but the reports of the
Srcubles with tie strikers in the West finally
oyercame the strong nndertono which has been
3 feature of the market for some days past The
feeling In the early morning was very hopeful
and some slight advances were made after
firm to stroug opening, but the '.bears7 made the
most of the unfavorabe advices. and by per-
sistent hammering closed most of the active list
ct net losses for the day The foreign element
In the trading was not important, and was ar
raYed on both sides of the account Sterling
exchange sS n;sher .lis .s The prn
cipa. feature Of the day was the strength shown
by Norfolk & Western preferred, which retained
most of its advance to the close. Jersey Central,
also, was notably strong in the morning
and closed with net advance. In the
afternoon Union Pacific New England and
ST. Paul and Duluth were the conspicuous weak
spots, although the last mad made handsome
some feverishness, but toward the close became
dull anu comparatively steady The opening
was firm at advances Saturdays closing
figures ranging from TO per cent
advance of Il. Some advances were made in
the early trading. in which Norfolk 81 Western
preferred, Hooking Valley and ST Paul & Du-
luth were prominent The strength, however
soCn disappeared, except in Jersey Central and
the market finally became quiet, the early gains
being generally wiped out In the last hour
there was some slight improvement, and the
market closed steady. Sales, 322 l40 shares. Read
ing furnished 3i420 and Jersey Central 26. 931.
Closing prices show irregular changes. Oregon
Navigation is down Ii; Richmond 81 West Point
is up Is; Jersey Central, IL and Norfolk &
Western preferred, per cent
Railroad bonds were quiet, with sales of 81
$4,000. Hooking Valley fives furnished $2S 300;
Wabash, Chicago. fves, $40 600 and Knoxville &
Ohio irsts, $l35.000 Other issues prominent in
the trading are Ft. Worth & Denver firsts; Rich
Xnond & Allegheny certificates, and Jersey Cen
trail consols. Prices were generally firm
throughout the day. although there was some
slight yielding toward the close. Final prices
generally show advances l., B. e W. seconds
are up 81. at $50; Pacific & Missouri seconds. 2,
at III; Iron Mountain, Arkansas branch 2, at
49, Closing quotations were: