The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-16
CONDITION OF THE MARKETS.
Very Large Receipts and Good Weather
Keep Down the Prices of wheat.
Corn Dull, but Steadily Held, All offerings
Being Taken at atSlight Advance-Mod-
crate Amount of Trading in Provisions.
MONEY, BONDS AND STOCKS.

stocks Quiet and Fluctuations Confined
Within Narrow Limits.
NEW YORK, Nov 15-Money on call was
quiet at 5 al. closing at 5 asked.
Prime mercantile paper 405 per cent.
Sterling exchange was quiet but steady at
"a. S0a for sixty-day bills and 81 "a for demand.
The total sales of stocks, to-day, were 34l ,138
shares, including the following; Delaware,
IIaekawanna IL Western. 1890; Delaware &
Rio Grande, oslo; Erie, 500; Lake Shore 8, 45o;
Louisville & Nashville, sc, $50; Memphis &
Charleston, 1900; Northwestern, 1000; Jersey
Central. 1900; Ohio G. Mississippi, 1900; Read
ing, q, S45; St. Paul. 13,400 st. Paul g. Omaha,
1860; Texas & Pacific, s,425; Union Pacific,
3.2OO; Westerns Union, II, 447; wabash Pacific,
4,025; Northern Pacife preferred 5,515; Oregon
& Transcontinental, 5,GS5.
Government bonds were dull ard steady
State bonds were dull and steady.
The general stock list except two or three
stocks was quiet and fluctuations narrow, while
the specialties were active and most Of them
strong. The news of the day was not of char
acter to specially affect prices, and the trans
actions except for the specalties, the results
of the trading OF the room spectators princi
pallv. The latter were active to-day In hammer
ing stocks all round the room, but the strong uu-
dertone which characterized the market Ere
vented any break even decline. The collapse
Of the strike at Chicago had some effect upon
the grangers, which we're somewhat more active
than Of late. Northwestern, toward the ciose
was notably strong. There was some buying
for foreign account, but 1t had little effect upon
prices, except in Louisville & Nashville. New
England was taken in hand In the afternoon and
advanced over per cent, most of which was
retained. The opening was generally firm, most
stocks showing advances over Sstur-
days closing figures OF ] to !, while
Omaha was up and Reading !. There
was some heavness in the general list in the
early dealings, while New England was decided
~ weak and lost per cert. Richmond & Wees
hand, were notably strong. The general mar
ket rallied and afterwards 1uctuated alternate
IL up and down, within very narrow range,
until the close. New England becoming remark
ably strong in the afternoon The market closed
steady, close to the opening figures. Sales, 34l,-
1873 shares. New England furnished 80, 800,
Reading 47,645 Louisville & Nashville 26, 450,
and Richmond 81 West Point Is, 835. Lacka-
wanna St. Paul. Omaha. Northwestern and
Western Union followed in the order named.
The majority of the active list show advances
this evening, which, however, are for fractional
amounts only, except for New England, which
is up 81, Memphis & Charleston II. Manhattan
and West Point Ii each, and ST. Paul and CHAT
tanooga per cent.
Railroad bonds were moderately active. Sales,
81 447, 900. Kansas & Texas general skies, Shen-
andoah Valley general, East Tennessee new
fives, Fort Worth 81 Denver irsts, and Hooking
Valley fves were all prominent in the trading,
their sales ranging from 800, 600 to 1920 000
Prices were firm to strong until late in the aft
ernoon. when they yielded slightly. but declines
are few Closing quotations We're: