The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-12
MONEY, BONDS AND STOCKS.

Stocks Active and Feyerish-Railway Bonds
Active and Strong.
NEW YORK, Nov. u-Money on call was
quiet at 506 per cent, closing at per cent.
asked.
Prime mercantile paper. 405 per cent
Sterling exchange was dull and unsettled;
actual rates, 81 801 for sixty day bills, and 81 "a
for demand.
The total sales of stocks to-day were 389, 249
shares, including the following: Canada South
ern, $3.50; Delaware, Lackawanna & Western,
1916; Erie, II, 800; Lake Shore Ii, 700; Louis
vile & Nashville, Is, 700; Memphis & Charles
ton, $500; Nor .hwestern, 1884 New Jersey
Central, 20. 100; Ohio s. Mississippi, $500; Read
ing, 23.lOO; St. Paul, 22S2s; St. Paul & Omaha,
1920; Texas & Pacific, 10, $40; Union Pacific. g.,
$50; Western Union. 1860; Northern Pacific
preferred, $3.50; Oregon g. Transcontinental, g.,
500
Government bonds were dull and steady.
State bonds were quiet and firm.
The news of the day was not generally off
character to affect values on the Stock Exchange,
and the usually active shares presented little
feature OF Importance throughout the day. The
extraordinary interest developed in the low
priced Southern aud Southwestern shares, how
ever, suffered no diminution, and they were
again active and strong, monopoliZing most of
the interest taken in speculation. The market
was active and feverish in the early part of the
day, over one-third of the entire days business
being transacted in tho first hour. Prices
were weak throughout almost the
tire day, heavy realizations by the
room-traders contributing most to this
effect Among the usually active stocks Jersey
Central, Omaha and Louisville & Nashville
nrsxy
iaIties Richmond & West Point, Norfolk &
Western and Colorado Coal were most traded in.
The former was particularly active and strong
upon the bull" stories put out of late, though
the assertion that settlement had been arrived
at with the Danville company probably had most
effect The Nickle-plate stocks again came into
prominence and showed handsome advance
this evening The conspicuously weak stock,
however, was Manhattan Elevated, which de-
clined 80 per cent, although there was par
ticular reason given for the weakness displayed.
The opening was strong. first prices showing ad-
vanees over the final figures of last evening of
from to per cent generally. The trading
was very active, but prices were feverish and
generally weak, and toward noon the market be-
came dull, fluctuations being confined within
very narrow range and the transactions feature
less. There was reaction after noon
and slight activity. but the last two
hours saw the decline resumed and the
market became weaker, as we'll as more active as
the close of business approached and the final
figures generally the lowest of the day.
Sales. 3S9 247 shares; Richmond & West Point,
49, 1885, Reading %, 100; ST. Paul. %. 1913; Jersey
Central, 90 100 Final changes in the active list
almost invariably show declines, the most i'm
portant of which are Manhattan, 81; Lacka-
wanna g Jersey Central, Ia Missouri Pacific
and New England, each, Il; Reading. IL West.
ern Union and Pacific Mail, each, and others
fractions.
Railroad bonds were more active; sales, So
2i5.000. The conspicuously active issues were
Hooking Valley fves. in which the sales were
1916, 600; Kansas & Texas skies, $164, 900, and
Fort Worth & Denver frsts, $4,000 Prices
were generally strong throughout the day,
though weakening little toward the close
Closing quotations were: