The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-29
THE INDIANAPOLIS NATIONAL BANK
Designated United States Depository.
Corner Room Odd-fenows Hall
THO p HAUeHEY. Pres't. II. LATHAM, Cash
CONDITION OF THE MARKETS
Wheat Fluctuates Sharply, but Closes
at About the Figures of Wednesday.
The Corn Market Considerably Excited, Ac-
cOmpanied by Higher Prices-0ats Firm
and Higher-PrOvisiOns Higher.
MONEY. BONDS AND STOCKS.
Stocks Firm to Strong During the Day-Rail-
way Bonds Comparatively Dull.

Stocks Firm to Strong During the Day-Rail-
way Bonds Comparatively Dull.
NEW YORK, Oct. 28--Money on call was
quiet at 81 to per cent, closing at asked.
Prime mercantile paper, 405 per cent.
Sterling exchange was dull but steady, at
e4.s0a for sixty-day bills and 81 "a for demand.
The total sales of stocks to-day were 282, l07
shares. including the following: Canada South
ern, 645O; Delaware, Lackawanna 6 Western.
$500; Erie, $3.50; Kansas & Texas. 4,O40; Lake
Shore, 9,725; Louisville s. Nashville. 20,7O5;
Missouri Pacific, BATS; New Jersey Central, TO-
$50; Reading, 6070O ST Paul. 1920; Texas s.
Pacific, 4,100 Western Union, $780,
Government bonds were dull and steady.
State bondsevere dull and steady.
Notwithstanding the general expectation that
khe Bartholdi celebration would interfere with
business on the Stock Exchange, the trading ag-
kregates larger amount than that Of yester-
hays and much more character was infused into
HE dealings. The general market was firm to
ltrong throughout the day. The movements In
Inc usually active stocks were, as a rule, unim-
portant Louisville g. Nashville was again
strong, and recorded material advance, princi-
Dally upon purchases for London account.
Reading again sprung into activity, which was
lided by reports from Philadelphia of arrange
hents smade with the junior bondholders which
will bea material advantage to the company. Mis-
gouri Pacific was remarkably strong throughout.
Ehe most important movements of the day were
among the low-priced shares, such as the East
Tennessee, St Paul 81 Duluth, and Louisville,
New Albany g. Chicago. Money ruled easier,
and loaning rates for stocks, as a consequence,
were somewhats4ower. The opening was tame
and generally heavy, but changes from last
nights figures were for insignificant fractions
only. The trading was quiet. and the heaviness
continued for n short time. but the market soon
rallied under the unusual strength displayed by
eertain of the specialties. The upward move
ment was slow, but continuous until the close,
the best prices being generally reached in the
last half Tour, the market closing strong. Sales,
g82, lO7 shares. Reading contributed 60, 700, and
Louisville & Nashville, 2,705. Everything ex-
sept JerEey Central and Canadian Pacific which
show declinessof' slight fractions, is higher.
advance of 81 per cont, while Hooking Valley is
up Il; Louisville y Nashville, II; Chattanooga
and Norfolk Western preferred, each, H. Peoria,
Decatur 81 Evansville II; Louisville, New Al
Dany g Chicago. 81; st. Paul g Duluth, II;
East Tennessee first preferred, j.; Reading, l
per cent, and others fractions
Railroad bonds were comparatively dull, sales.
el,240,OOO. The trading was almost devoid of
feature. although the Kansas g. Texas SKIES
we're active, their sales being $3.50, 000 Prices
were somewhat irregular but generally steady
10 firm, and important changes are few in num-
Der. Indiana. Bloomington & Western seconds
gained 2, at n; ST. Paul, southwestern division
skies, lost 2, at III, and Indianapolis, Decatur
q Springfield trust receipts, q at 81. Closing
quotations were: