The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-10-27
CONDITION OF THE MARKETS
speculative Wheat Fluctuates at Chi
cago Within Very Narrow Limits,
And but q Little More than Holds It's Own
Corn and Oats Values at a Standstill
Trading in Hog Products.
MONEY. STOCKS AND BONDS.
Active Business On Small Internationally
List Somewhat Irregular.

Active Business on Small 1uctuatons-Ihe
List Somewhat Irregular.
NEW YORK, Oct. 26.-Money on call was
easy, ranging from 4 to 6 per cent, the last
loan being made at 4, closing offered at
4per cent.
Prime mercantile paper 5l207l2 per cent.
Sterling exchange quiet and steady at
s4.S1Ie for sixty-day bills and SASH for de-
mand.
The total sales OF stocks to-day were 114.-
s79 shares, including the following: At
Gibson, $40; Delaware. Lackawanna &
Western. 1900; Denver, Texas d Fort
Worth, 7,74O; Erie, 900; Lake Shore, $3.50;
Michigan Central, $500; Missouri Pacific,
800: Northwestern. 1.5iO: Northern Pacific
preferred, 5.613; Reading. $500; Richmond
81 West Point, 1906; st. Paul. 13.14O; Texas
Pacific, 3,1C0; Union Pacific, $500.
The sto<km market to-day. while compar
atively active for n Saturday, was without
general feature OF interest. and except for
one or two stocks shows but slight changes
as the result of the days trading. The ac-
tivity was confined TO spot, and while the
generaltemper of the room was buliish the
traders were sellers of the market and such
advances as were made were afterward neu-
tralized. st. Paul and Union Pacific were
most active. but their fluctuations, like
those of all of the active stocks. were frac-
tional only. and the only features OF the
day were Michigan Central. which, after a
long period of stagnation, suddenly .sprang
into activity and scored a marked advance,
and Denver, Texas IL Fort Worth, which
continued its remarkable upward move
ment. The bullish feeling of yesterday
lasted over till this morning, and first
prices were generally from q to Ss per
cent. higher than last evenings figures.
though Oregon Transcontinental was an
exception, being down l2 at S3l2c. Sugar
was weak. The further advances III the
regular list were confined to small
fractions and the upward movement soon
came TO an end. after which prices
sagged away slowly, though Michigan Cen
trail rose from 93ls t0447s; Denver, Texas 81
Fort Worth from 315s to 323s, and Texas
Pacific from 2014 to 81. There were some
other strong spots i'll the list, but their
movements were small and unimportant,
while Sugar dropped about 1i2 per cent.
The bank statement seemed to have no
and rather heavy at about the lowest prices
in most stocks. Michigan Central is up 7s,
and Denver. Texas & Fort Worth 1Is. but
the other changes are all fox Insignificant
amounts.
Railroad bonds were comparatively act
i've, and the sales for the two hours reached
SsS5, 900, out of which the Fort Worth IL
Denver firsts contributed $4,000 n the
Texas Pacific seconds. Sill 600. The gen.
eral tone of the dealings was no more than
firm, though several issues showed marked
strength. Sales of bonds for the week,
S6.S37, 600. against 1885,, 600 last week.
Government and State bonds were dull
and steady. Closing quotations were: