The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-17
MONEY, BONDS AND STOCKS.
Nothing New in Stocks, the Activity Being
Confined to q Few Specialties.

Confined to a Few Specialties.
NEW YORK, Oct. 16.-Money call quiet at
A06 per cent, closing at asked.
Prime mercantile paper, 405 per cent.
Sterling exchange was quiet but steady and
changed.
The total sales of stocks to-day were 432, 500
shares, Including the following: Canada Southern
4,965: Delaware, Lackawanna & Western, 80, O3O
Delaware & Hudson, 13. 756; Erie $500; Missouri
Kansas 8 Texas. 1856; Lake Shore, 3,40O; Lou
isville & Nashville, 5,2S5; Northwestern 1925; New
Jersey Central 80, $40; Ohio & Mississippi, 1900;
Pacific Mail, 6,535; Reading, 90, $40; st. Paul. 49,
900; Western Union, $780, Northern Pacific 80.
03O.
Government bonds were dull but firm.
State bonds We're dull and steady.
Stocks presented the general features as yes
erday, the principal activity being confined to few
specialties while the general market compare
ivey dull and its fluctuations slight. The coal stocks
the chief feature and while Lackawanna and
Delaware & Hudson, with the bitumnous coal roads,
were strong. Jersey Central was weak, and Reading
barely steady Other special.ies which displayed
marked strength were Manhattan. Nickelplate
and Ohio s. Mississippi the pro-
posed arrangement with the Erie stimulating
The price of the latter. New England was especially
weak heavy selling. Lackawanna the leader of
market, extraordinary SUrengCn was Que
large measure to manipulation. The depression in
Jersey Central is due principally to the publication of
arumor that in the organization proposed
ment OF 10 per cent would be levied upon the stock
The market was active throughout the day and was
subject to frequent fluctuations, which in great
neutralized each other. The opening was
generally strong at from 1e to a9 above the
closing figures of last evening It developed
much rreguarity and feverishness in the early trad
ing, which, however, disappeared, and the
ket moved up in unison The gains were generally
lost by noon after which there less business and
alternate advances and declines until the close which
was firm. Sales, 43 2 3O6 shares. Lackawanna con-
tributed $1,000 shares and Jersey Central 80 800
followed by Texas Pacific trust receipts, Hooking
Valley. Nickelplate and Reading Final prices show
irregular changes, though majority of the active
list higher. The conspicuous declines
comprise Jersey City, ia; New England liz, and
Manitoba, L. Nickel plate common is up 2l4, the
preferred 219 Lackawanna. 17s Hooking Valley, u
and Delaware & Hudson, lie. Sales for the week
Prices almost invariably higher, Jersey Central
being the only notable exception with loss of per
cent, while there advances from 2ls, in Man
haitian, to less than per cent
Railroad bonds were moderately active and general
ly frm. Sales, $l.902 600. Atlantic g. Pacific in
comes furnished $40, 900, Hooking Valley consuls
$4,000 and Fort Worth & Denver frsts $l7O.-
600. Hooking Valley fves pa per cent higher
at SS3k l. B. e. W. seconds, 3. at rs; Detroit Mack
inaw & Marquette frsts A. at 9ll9 and the incomes
sic, at 80. Louisville & Nashville E., H. & n frsts
lost Gig at 1872 and Indiana Bloomington & West
ern incomes 27e. at 1924 The sales for the week
are $1O.2l1, 600 against $11776. 900 for the pre-.
vious week. Closing quotations were: