The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-11-10
MONEY, BONDS AND STOCKS.

Dull Market In New York, the Activity Be
ing Conf ed 10 F-w Stocks.
NEW YORK, Nov. 9-Mouey on call was
easy at pa per cent. the last loan being made
~ 81 closing offered at2i.
Prime mercantile paper, a a6i per cent
Sterling exchange WAS dull but steady ct
e4e44 for 60-day bills and ASH for demand.
The total sales of stocks to-day were 49,
100 shares, including the following: Delaware.
LackawaBnA & Western, ll.Ol0 Erie, $500;
Lake Shore, 1850; Missouri Pacific. 1900;
Northwestern, 2.730; Northern Pacific, pre-
ferrsd, los; Oregon Transcontinental. II, sos;
Reading. SO. 200; Richmond & West Point, o.
AIS; ST. Paul $40; UnionPaciRc, 5000; West
err Union. 4.649.
The stock market to-day presented very few
features. and, as usual for the past week. was
extremely dull. except in . few stocks, Of which
the coal stocks. Union Pacific aud Missouri
Pacific were most conspicuous in the forenoon,
ana Northern Pacific aud Oregon Trarscontl-
mental IN the afternoon. Weakness was once
more the PRINCIPAL feature during the forenoon,
but there WAS a frmer tone, with some recover
les later. and most OF the early declines were
wiped ont. There again some selling by
forsign houses. especially IN the early trading.
but the local operators were DOG next to moth
Y,
have DO interest in the course of
prices. After the cessation of the pressure of
the foreign contingent, the business done was
left entirely in the hands OF the room traders
The oBIv feature OF interest during the day was
sha buviue Of the Northern Pacihcs which Mt
ono time showed a gam Of about a point. and
the strength displayed extended 10 the rest OF
the list. which slowly rose until the close OF
business, tbs last hour showing more
animation than any previous time of
the Gay. The rews OF the cay was Of an
uninteresting character. and had no influence II
impor upon the course OF prices. The
opening icur-s were lower than last evenings
closing figures, and LackawannGs showed a loss
of per cent and while the market continued
20 decline, LOSES from first prices were insignia.
cant The market WAS extremely dull. but
Reading Union Pacific and Missouri Pacific
showed considerable animation with bscka-
wanna and New England The decline was soon
checked. and the market came almost 10 q stand
still no animation being manifeste1 until the
last hour, except in the Northern Pacific group,
until after delivery hour. whsu there was an
increased trading all the list. Tbs
market became stronger and closed qnlst
bu. firm 20 strong, generally st smali
fractiOLz above tie opening figures The total
number ,. snares sold 1877, 100. of which
Reading contributed IS. 200 The final changes
are irregular and for fractional amounts Only.
except an advance Of per cent II Northern Pa
eihe preferred.
The railroad bond market was quiet. without
spy special feature whatever, though the busi-
ness done WAS very widely distributed among
the speculative Issu-s. The tone Of the dealings
was firm tn strong throughout the dsv, however,
and the hBal changes are generally IN the direc-
tion Of higher figures The sales Of all issoes
reached sl.l76.0O0 Pittsburg g. Western frsts
rose z. u I4t.
Government bonds we're duh and steady.
State bonds we're nor6 active and stronger.