The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-11-01
Indianapolis Clearing House.
New York Financial News

NEW YORK, Oct. 3l.-MOney S@7 per cent;
market closed with offerings at per cent.
Prime mercantile paper loo per re. cent;
Custom house receipts $1,000.
Clearings, sl9,000,O00.
Sterling, auiet; 10 days, 81 81; Sterling, sight,
SiS.
Gold opened at 40, and at once the market
became active, owing to war news from Eu-
rope, when there was an advance to HOS,
but later the market declined to 1895 closing
at that figure. The borrowing rates were per
cent. to nat. and the carrying rates to per
In railroad bonds this evening New Jersey
Central convertibles advanced TO @ls
Ohio and Mississippi seconds to g
and Toledo and Wabash consolidated convert
iblSs advanced TO -; Milwaukee and
St Paul firstS brought ll6 and Albany
Jersey Central consolidated firsts declined to
S5l., but closed at II bid: state bonds
quiet at nominal prices, except TenneSseeS,
The stock market opened &c higher than il
Closed yesterday for Delaware, Lackawanna
and Western and Milwaukee ana st. Paul
and Erie, and &c lower for Western Union
Telegraph and st. Paul common. The remain
der of the list was unchanged, after decline
of e in Delaware, Lackawanna and Western (;
sc in Lake shore and st. Paul preferred, and
g in Western Union Telegraph and New Jer-
Sy Central. The market began To advance,
and in the first hour had advanced kd5zc, the
latter Western Union Telegraph. In the next
hour there was decline OF lSsc in Delaware,
remainder of the list. Soon after noon the
market became steady, and prices recovered
from To &c. This improvement was being
maintained until the market was rudely dis
turbed by rumors that the conference of rail
way representatives had broken up in a row,
Or had resulted in no agreement to settle the
railway war. Upon this rumor Lake Shore
declined 6lss to 80, Michigan Central from j0is
10 i754, Western Union from 1875 to -, North
western common from 81 to -, preferred from
20 10 90. st. Paul common froms p to 24lS,
preferred from 20 TO SIS, Wabash from
~ to :, Pacific Mail, 2i1I to ~, New Jersey
Central from 3d. to $50. and Delaware, Iacka-
wanna and Western from 735s to 1871. New
York Central fell OFF from 1861 To 1917. To-
wards the closing hour there was no inn Ortant
New York Central closed at l03, LackaWanna
and Western at 49,, and Cleveland, Columbus
and Illinois Central advanced from 40 to H.
The market closed active, unsettled and
feveriSh, although at O'Clock, the closing
hour, nothing Official was made public from
DIE Railroad Conference.
The transactions to-day aggregate Ijg 900
shares of which 900 were Erie, 81 go Lake
Shore, 80 Northwestern, IL OU0 Pacific Mail,
1000 ST. Paul g, 800 Western Union, 1900 Wa
'srn, Loo New Jersey Central and 1870 Michi-
gan Central.
The exports of domestic produce for the
week ending to-day are considerably larger
than of late. amounting to $500 SIG.
The Express says that il il probable the
interest on the bonds Of the city OF Savannah,
due tomorrow, will not be paid no provision
having been yet made therefor. and adds
This is a sad case, particularly in view of the
fact that the credit of the city has hitherto
been 80 good, but every one will understand
the cause, and IL default IS made il will, no
doubt, be but temporary. During the rage of
the yellow fever the city officers were unable
10 collect the taxes.