The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-28
MONEY, BONDS AND STOCKS.

Railway Bonds Quiet and Generally Firm
Stocks Firm and Steady.
NEW YORK, July 2z.-Money on call was
easy at 203 per cent.
Prime mercantile paper. 405 per cent.
Sterling exchange was quiet and unchanged
The total sales of stock to-day were 1919, 296
shares, including the following: Canada South
ern 7000 Delaware Lackawanna g. Western.
10, 500; Erie, 12,711; Lake Shore, 1920; Louis
vile & Nashville, 1900; Northwestern, $500;
New York Central, 190O9 Northern Pacific,
$50; Peoria, Decatur & Evansville. 8, 400; Read
ing, 4,575; st. Paul, Is. 500; Texas Pacific r.
$50; Union Pacific, 7,OOO Western Union, 5000;
Northern Pacific preferred, $780, Oregon &
TraDscontinental, 1925
Government bonds were quiet and firm.
State bonds were dull and steady,
Railroad bonds were quiet and generally firm;
sales 81, 648, 800. The increase is chiefly due to
sudden increase in the dealing in speculative
bonds West Shore tours furnished $500, 900;
East Tennessee consol trust receipts 1852 0O0 and
Texas & Pacific Rios, coupon off. $3220o All
changes are generally for fractional amounts
only. st. Paul, Chicago 81 Pacific SKIES. are up
I, at 121; East Tennessee consol trust receipts
2. at 90; Indiana, Bloomington 81 Western Sec
onds /, at 20; Lake Shore frsts, registered, ID
at 1901; New Orleans & Mobile arsts, II, at 103!
and the seconds, 2, at g.
The feeling existing last evening in favor of
better figures found expression this morning in
higher range of values for nearly everything
on the active list. The grangers however,
we're prominent exception to the general rule,
the impression prevailing that the influential
members of the Chicago party would oppose any
advance, at present, In their specialties. The
early advices from London showed that New
York Central had advanced over per cent from
the closing price of last evening" heavy buying by
foreign houses quickly brought in the room
traders, and dufing the entire morning the
stock was active and strong. Later the market
became dull, until toward the close, when the
story was circulated that Lake Shore had sue
ceeded in negotiating loan for SO, Goo, 600,
claims OF the Nickel-plate bondholders, and so
obtain complete control of the property
The report lacks confirmation. The rest
Of the market presents no feature OF
Importance. There was considerable trading
in Consolidated Gas, but no particular movement
in its price. At the opening this morning nearly
everything on the active list showed advances of
5. ST Paul, Louisville IL Nashville, and Oregon
g. Transcontinentalw were each lower, and North
western per cent Advances were made in the
early dealings but eliminated before noon, and
dull and rather heavy market succeeded, which
continued until the last hour, when increased
activity was accompanied by somewhat better
figures. The market finally closed dull and
steady. Final prices generally showed advances
of fractional amounts, although Norfolk q
Western preferred 10 up Ii and New York Cen
trail II per cent. ST. Louis b San Francisco pre-
ferred /, common 2, and Consolidated Gas per
cent The most noticeable decline Ia per cent
In Northwestern. Closing quotations were: