The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-21
CONDITION OF THE MARKETS
all Commodities Exhibit Tendency
Locking Toward Lower Figures.
A Fair Volume of Trade, and the Markets Clos
ing About Firm-Corn Easier and Lower,
and Provisions Moderately Active.
MONEY, BONDS AND STOCKS.

Railway Bonds Quiet and Firm-Higher
Prices for All Active Stocks.
NEW YORK, July. 20--Money on call was
sasy at 1302 per cent.
Prime mercantile paper, 405 per cent
Sterling exchange was dull at 81 80 for sixty
lay bills, and $4e7 for demand.
The total sales of stocks to-day were 248 237
shares, including the following: Delaware
Lackawanna & Western, Al. 44O; Erie. 37525;
Kansas e Texas $780, Lake Shore, 9,273; Lou
isville 8 Nashville, 10000; Northwestern. $500,
New Jersey Central. 4, 420; Peoria, Decatur s. Ev-
Rnsvile, 1855; St Paul. Is, 45o; Texas & Pacific,
5000; Western Union, $685.; Northern Pacific
preferred, 7,444
Government bonds were quiet and steady.
State bonds were dull and steady.
Railroad bonds were generally quiet and firm,
while the Texas & Pacific issues were strong.
Northwestern sinking funds. registered, gained
2, at 100; Buffalo, New York e. Erie irsts, A. at
138; Missouri, Kansas & Texas fves. l, at 50;
New YORK & New England sevens, q, at 1891;
New Orleans & Pacific frsts, coupon off, l. at
81; Texas &c Pacific incomes, Il, at 43s Iron
Mountain ives. /, at SO; Peoria, Decatur g Ev-
ansville division incomes 3, at 20. and Fort
Worth & Denver frsts, II, at 841; Chicago e.
Rock Island coupon skies, j, at 1891; Denver.
Rio Grande western frsts, l, at S31; Illinois
Central tours. 2, at 10S. The total sales were
e2,666 ,000
New York & New England still continues to
90 the leading card at the Stock Exchange.
Louisville q Nashville has assumed a perma-
nept position, both as to activity and strength,
and has advanced sharply. The coal stocks
were heavy to weak as usual of late, until the
announcement of the result of the meeting at
Philadelphia, when more hopeful view of the
situation became general. The reduction of the
rates of sterling exchange was looked upon as
an indication of the increase of the purchases of
securities IN this market to say nothing Of the
cessation of gold exports, and talk is heard
of q movement of the latter metal to
this country in the future The general
list continues dull, as of late The market was
firm at the opening first prices generally show
ing advances Of to per cent. St Paul was up
g. There was some hsaviness just following the
opening, and the lowest prices of the day were
generally made in the first few minutes trading.
New York e. New England and Louisville &
Nashville, however, Immediately sprung into
activity, and were at the same time decidedly
strong. The general list followed slowly but
little progress being made until the last hour,
when Ilackawanna joined the active and strong
stocks; the others felt the stimulus of the i'm
proved feeling. and the market closed fairly act
I've and strong at the best figures Of the day. The
net result of the days business is advances for
everything on the active list Louisville g
Nashville and New York & New England both
gained Ii, and Erie preferred. II. Closing quota
tiohs were: