The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-06-19

of weakening. Nearly all TRANSACTIONS are al
per cent. Eastern exchange sold at par.
The New York Money Markst-stock Trans
acknowledging Prices OF Government Sc
curities-Qdotafions of General Stocks.
NEW YORK, June 1S.-Money easy at per
sent.
PRIME mercantile paper 405's per cent
Government bonds steady.
Railroad bonds firm.
State securities quiet
The stock market opened very active, and
higher than at the close on Saturday, and for
quarter of an hour was firm, but Fears Of further
failures in connection with provisions and grain
caused feeling of uncertainty, and after the
first quarter of an hour there was sharp break
in the whole list of stocks, and of la014 per
cent. on the active list, the latter Jersey Central.
But by 1890 there was recovery OF isU5s per
cent, the latter Louisville & Nashville. Lacks.
wanna was a special feature for activity, the
transactions being very large. At 1890 the
market was steadier. The steadiest stocks in all
the forenoon's fluctuations were Northern Pa
cifie and Western Union.
From the Evening Post: "Tbere were reports
on the Stock Exchange OF several failures on the
Chicago Board of Trade, which were not unex-
pected, a result of the failures on Saturday.
There were also reports of the failure of a Chi
cago bank, which were undoubtedly manufac-
turett By persons who wanted to effect the stock
market but the reports of bank failures were
positively denied by dispatches from Chicago
late this afternoon, and prices OF stocks were
not affected by the rumors. The announcement
that the Union, Central, and Southern Pacifics
have settled their difficulties about rates, and
will hereafter work tremendously, helped TO
strengthen the market"
For a few minutes after 1890 the stock mar
ket continued active, prices first declining & to
s., the latter on Lackawanna, and then recover
ing 1e to g. the latter Ceatral Pacific. After 1
O'Clock the market became steady and dull. In
the last hour the market was dull but firm, and
prices showed gain Of 19 to 80 over o'clock
prices. The net result of the days business was
decline of 1s to per cent In the general list,
the latter Lake Shore, which has been the weak
est stock to-day. The frinest stocks have been
Northern Pacific. Erie, st. Paul, Northwestern,
Western Union and other Gould stocks general
ly. Several OF the above mentioned stocks are le
20 Il higher than at the close on Saturday.
shares of Western Union is looked for with
more than usual interest, and If favorable to the
company, will, 1t is believed, strengthen the
whole market.
The transactions at the Stock Exchange to-day
aggregated 500, 703 shares, as follows: Central
Pacific, 6,000; Delaware, Lackawanna d West
ern, $4,000; Denver, 8000s Erie, 17,OOO Lake
Shore, $4,000; Louisville d Nashville, $4,000,
Missouri Pacific, 5000; Northwestern, 5000;
New Jersey Central, Is, 900; New York Central.
7,O00 Northern Pacific, 5000 Reading; $4,000
Milwaukee & ST. Paul, 10000; Texas Il Pacific,
5000; Union Pacific, $4,000; Wabash preferred.
$1,000 Wabash common, 5000; Western Union,
$4,000, and Northern Pacific preferred, 1000.
STOCK QUOTATIONS..
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