The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-08-01
CONDITION OF THE MARKETS.
Speculation Less Active, but the Vol
ume of Trade Is Still Undiminished.
Corn Shade Higher. Though the General
Temper Was Easier-Provision Firm and
Trihe Higher than Fridays Closing.
MONEY, BONDS AND STOCKS.

Railway Bonds Quiet and Generally Steady
"A Few Breaks In Saturdays Dizziness.
NEW YORK, July 31.-Money on cali was
easy at 1102a per cont
Prime mercantile paper 405 per cent
Sterling exchange was dull and unchanged.
The total sales of stocks to-day were 155. GIL
shares, including the following: Delaware,
Lackawanna & Western. 14,600; Erie. 1910;
Kansas & Texas Is, 565; Lake Shore 1902;
Louisville g. Nashville. 4,145; Northwestern,
6,OlO; Pacific Mail, 5,42O; Reading. $500; St.
Paul, IL, 400: Texas Pacific, 1875; Union Pacific,
continental, 3,450.
Government bonds were dull and steady.
State bonds were dull and firm.
Railroad bonds were quiet and generally
steady. Sales. So, 1850, about $112, 600 in ex-
cess of those Of yesterday. Indiana, Blooming
ION 81 Western incomes were the only active
bonds on the list, and are II per cent higher at
BIZ. The general list was quiet and steady;
Denver & Rio Grande Western frsts, assented,
Are up l, at 843; Chicago, St Louis & New Or
leans fives. 2, ct 49, Louisville & Nashville, st.
Louis division seconds. q at 81; Texas g. Pacific
terminals, II, at 51a. Indiana, Bloomington 81
Western seconds are down ], at rs. The total
sales Of bonds for the week were $14, 800, 600,
against $40. 941. 900 Last week.
To-day's stock market, while presenting the
usual Saturday dullness, was enlivened by sev-
eral movements in different stocks the list
In the early morning special activity and strength
were shown by the Missouri Kansas 81 Texas,
principally on the extension Of the money pool
among the Southwestern roads, The Wander
bits continued their upward course, London
again being free buyer. The rise was accompa-
MED by report that the dividend would be in
creased later on in the year. and the story of the
union of the Vanderbilt lines into one corpora
zion was again revived. The afternoons trading
was marked by an advance in Lackawanna and
the Changers. The movement In the first named
was caused by the buying of a prom
inent operator closely identified with
the company. The advices from Chi
is believed that the Chicago party has or is about
to change front on their speculatons. Opening
prices were generally from to per cent. high
or. In the early trading, the Vanderbilts and
Missouri, Kansas g. Texas monopolized the busi-
ness. The advance continued until nearly noon
when the market became extremely dull
and featureless, but in the last
the stories III regard to the settlement
of the suit against Western Union revived the
interest in the market, and it closed firm at
about the best figures reached Final prices to-
night show net gains for almost everything on
she active list Colorado coal is up !, and Michi-
gan Central II. Comparing prices tonight with
those of a week ago, everything shows material
advances. Michigan Central heads the list with
B4; New York Central, AZ; Missouri Pacific, A.
Texas 8 Pacific. g; Lackawanna. 81 Lake
Shore, 2, and others lesser amounts Closing
0uokatiOnS were;