The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-23
CONDITION OF THE MARKETS
An Increased Demand Causes a Steady
Advance in the Prices of Wheat.
Corn Stronger Under a Good Shipping In
qniry-Limited Trading in Oats at Steady
Prices-ProyiSiOns Trifle Weaker.
MONEY. BONDS AND STOCKS.

A Very Dull Day, Marked by Occasional Lit
tie Spurts of Activity.
NEW YORK, Dee. 22.-Money call easy at
2 to 6 per cent closing at 3 asked
Prime mercantile paper, 405 per cent
Sterling exchange was dull, but steady and I'M
Z changed.
The total sales of stocks to-day 301, $50
shares, including the following Canada Southern,
6945; Chicago s. st. Louis preferred l00 Delaware,
Lackawanna g. Western, 80, 40; Erie, $3.50; Kan
sas e. Texas 1910; Lake Shore $40: louisville &
Nashville "a $50; Missouri Pacific, 7O2; Northwest
ern, 37O5; New Jersey Central 16 233; Pacific Mail
1000; Reading So $40; st. Paul. 33 700; st. Paul g.
Omaha 3.735; Texas s. Pacific, AIS; Union Pacific.
12.7S5; Western Union % 265; Richmond & West
Point, 1910; New England 1850.
Government bonds were dull and firm.
State bonds were neglected.
The stock market showed marked decrease in the
of the business done from that of past few
days, the influence of the coming holiday being felt,
and the operations mostly confined to the pro-
fessional traders. The London market came higher
this morning and the market was higher in sympathy
at the opening Purchases by foreign houses kept it
firm for short time. Aided by demand induced
by covering of short contracts. the buying
and the market again presented dull and listess
appearance. Louisville g. Nashville was the feature
Of the day. and presented remarkably strong front
even when the remainder of the list saggng off
1he STOCK was manipulated oy foreign clique, aided
by talks of scrip dividend. Reading active, but
the trading was much smaller than for many days
rast Western Union adversely affected
by the introduction in Congress of the
bill to admit other companies to equal
privileges with it along the Central and Union Pacific
railroads. The coal stocks, with the exception of
Lackawanna were very quiet and ST. Paul the
only OF the gTangers showing any activity. A
half dozen stocks nearly monopozed the business Of
the day, the remainder being dull and listless. The
opening strong. first prices showing advances of
from g to % the closing figures of yesterday
though Kansas IL Texas off IA and Reading and
Jersey Central each ls There moderate bust.
ness only. with prices irregular but generally firm
Louisville q Nashville the only decided es strong
stock. while New England conspicuous for its
wide fluctuations The market became dull toward noon
when the advance was checked, and decline which
lasted until after P. NJ. Inaugural ted Reading
Western Uni and Jersey Central being most con-
spicuors for the declines established The last hour
saw renewal of the buying and prices steadily i'm.
proved to the close, which quiet but strong
Sales, BOZ 0S0 shares. Reading furnished 50. 24O;
Lackawanna. 80 10: st. Paul, 80, 700; Western
The final changes as compared with last evening"
slosing figures, generally for fractions only, and
arc about equally divided between gains and losses.
The bond market was quite dull. Sales, 1865, 0OC
being the smallest for many weeks. There very
little feature to the dealings and the two most active
bonds-Texas Pacific income trust receipts and Den
$73 600. respectively. Prices generally firm
amounts. Closing quotations