The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-06
MONEY, BONDS AND STOCKS.


Only a Moderate Degree of Activity In Stocks
Bonds Active, with fractional Changes.
NEW YORK, Dec. Mooney on call was
quiet at 307 per cent, the last loan closing at
per cent, asked.
Primo mercantile paper, 405 per cent
Sterling exchange was quiet but steady at 81 80a
for sxty-day bills, and $4.s3s for demand.
The total sales of stocks to-day were 486, 208
shares, including the following: Canada
Southern, Ii $40. Delaware, Lackawanna & West
arm, Al, 100; Erie, 37,4lo; Kansas Texas, 7,410;
Lake Shore, 1890; Louisville & Nashville,
is, 100; New Jersey Central, $3.50; New York
Central. 7,O42; Northern Pacific 7.400; Pacific
Mail, 1920; Reading. 2s,55O; St. Paul, 13,O50;
BIT. Paul & Omaha. 3.432: Texas g. Pacific, $3.50,
Union Pacific, 1880; Western Union, $500;
Wabash Pacific, 1900; Oregon g Transcontinen
tai, "a, 800: Hooking Valley, $3.50
Government bonds were dull and heavy.
State bonds dull ana steady.
TIE stock market. in comparison with the pre-
seding days of this week, was only moderately
active. Prices, however, fuctuated upon a
higher plane. especially in the earlier part Of
the day, and some of the specialties occupied a
more prominent position than at any time this
week. Richmond s. West Pointssold ex. rights
and were remarkably strong throughout, owing
to the stories of new connections now in progress
if negotiated. Norfolk & Western was also spe-
cially strong and active. The Wabash was again
prominent, but did not hold the advance made.
East Tennessee especially the common and
second preferred stocks, very active and
strong New England again came forward. and
on numerous rumors Of new developments adj
yanced matasii@ny. Lackawanna, Erie and
Union Pacific were all favortes. but Reading was
comparatively quiet After the issue of the
bank statement which was regarded as unfa-
vorable, there was disposition to sell, but 1t
lasted for short time only and the market
soon recovered it's tone. but quieted down per-
ceptby Philadelphia Gas and Milwaukee,
Lake Shore and Western Common, with Oregon
Improvement Company, made impor-
tant gains The opening was strong
and active. and while the gains
over last evening ranged in the general list from
to g. New England showed gain of :. The
market in the early dealings was active hut
feverish and irregular The usual undertone
of strength, however, soon bacame noticeable,
and noon prices were generally fractions above
the opening figures There was some hesitation
later and the market queted down, remaining
barely firm until The close, which was generally
steady on a moderate business Sales,
AS6.203 shares. Lackawanna furnished
Il 100; Erie. 37,410; New England. 1875 O5;
Norfolk & Western preferred, 81, $40; followed
and Oregon g. Transeontinental majority of
the active list are higher this evening, although
declines are numerous, the most important of
which Was Pacific Mail, which was weak
throughout the entire day, and shows loss of
IL Richmond & West Point shows net gain
of II. and New England and Cameron Coal
gained each. Other changes are for fractions
only.
Railroad bonds were again active; sales, ST.
58l,esa Erie second consols furnished 1886, 600,
AT aiaak gain of 2 at 1902 Indiana Bloominpton
& Western incomes. and Atlantic g. Pacific in
comes each contributed 1926, 600 The Atlantic
& Pacific frsts; Wabash, Chicago division fives,
and the Detroit division skies were also promi-
nent in the trading. Prices were strong until
the afternoon. when they yielded generally, and
fnal changes were generally for fractions only.
Chesapeake, Ohio & Southwestern bonds, how
ever, rose 2, to 104 Norfolk s. Western I'm
provement skies, A. to 102 Closing quotations
were