The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-27
CONDITION OF THE MARKETS.
A Fair Amountof Trading in Wheat, but
No New Features Are Developed,
Though an Easier Feeling Was Noted and
Prices We're Slightly Lower-Corn Active
and Firmer-Better Prices for Pork.
MONEY, BONDS AND STOCKS.
Stocks Show Increased Activity and Strength
Railway Bonds Irregular.

Stocks show Increased Activity and Strength
Railway Bonds Irregular.
NEW YORK, Nov. 26-Money Jon call was
active at 507l per cent. closing at sac per
cent.
Prime mercantile paper 405 per cent.
Sterling exchange quiet but steady at 81. 81
for sixty day bills and 81. 844 for demand
The total sales of stocks to-day were ACC, 658
shares. including the following Canada South
ern, 1850: Delaware, Lackawanna & Western,
$500; Erie, 1855: Kansas & Texas, 5.925; Lake
Shore, 51.72O; Louisville & Nashville, 1900;
Michigan Central, Is, 100; New Jersey Central
1870: New York Central, 1850: Ontario &
Western. 6203; Reading, 15o.2ll; St. Paul, a.
600; ST. Paul & Omaha 3400 Texas Pacific,
35.200i Western Union, 5,l15; Oregon. & Trans
continental, $3.50; Richmond g. West Point, H.,
BIO; Hooking Valley, 1905.
Government bonds were dull, but strong
State bonds were dull and firm.
The stock market was more active and deal
ings were attended With considerably more ex
element than on Wednesday, although the in
terest in speculation was almost monopolized by
some half dozen stocks, the remainder being
quiet and in many cases even dull, while the
fluctuations though somewhat feverish were
unusually narrow Reading and the Wander
bits were the features OF the day. Reading was
firm to strong throughout, especially in the last
hour There is great deal of talk in regard to
the Vanderbilts, and many minors touching
comm dividends were circulated. The entire
group were strong. and Lake Shore especially
The transcontinental stocks also displayed con-
siderable strength. while the grangers were quiet
and steady. Denver & Rio Grande preferred
was traded in to-day for the first time The
opening was firm to strong. first prices showing
advances Of sGs The trading was active, but
prices were inclined to weakness in the early
dealings, though they generally recovered be-
fore noon, the market beginning to show spots
of dulness. The frmness continued until abont
2P. NJ, when there some yielding. but the
heaviness disappeared before the close, which was
firm TO strong at about the best figures reached.
Transactions, 460,658 shares, of which Reading
furnished l50.2ll; Lake Shore was second, with
81, TO, and Texas Pacific third, with 81, 200.
And most everything on the active list is higher
this evening, though New England is down IL.
Philadelphia Coal and Jersey! Central IL Lake
Shore is up IL, Reading, 81; Colorado Coal Ii.
and others fractionally.
The business in railroad bonds amounted to
81. 400 600, of which West Shore fours furnished
1854 900 and Nickel-plate trust receipts 1898 000
There was some activity In the Atlantic & Pa
eifc issues, the East Tennessee fives and the
Texas Pacific issues Prices were firm to strong
lie the forenoon, but yielded toward the close,
and hEal figures show irregular changes. Clos
ing quotations were