The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-24
FINANCE AND COMMERCE.
FINANCE,

The New York Money Market-Stock Trans
acknowledging Prices of Government Sc
neutrality-suspicious. of General Stocks.
NEW YORK, Sept. 22-Money is easy at 202ls
per cent; closing at 2 per cent.
Prime mercantile paper, 5la07 per cent.
Sterling exchange-Bankers bills quiet at
1924 for sixty days, and 1854 for demand.
Government bonds were strong.
State securities were dull
Railway bonds were generally lower.
Wizards were again the feature of share specu-
latlon to-day, and the general market sympa-
thized with the course of these shares, although
the changes were not especially important At
the opening the market was lower, but in the
first sales Wizards improved ss0Ss per cent.
This was followed by free sales and sharp de-
cline Of 1s01st per cent, Wizards leading. From
noon until nearly 2:3O P. NJ. the market was
quiet and comparatively firm, with improve
ment of l401ss per cent, Oregon & Transconti-
mental, Northern Pacifcs, the trunk lines. Cen
trail Pacific, Union Pacific and Western Union
being conspicuous Ih the last half hour of
business the bears made another vigorous on
elaught on the Wizards, and these shares broke
rapidly to 345s for Northern Pacific common, to
648i for preferred, and to Sd for Oregon & Trans
continental. At these figures the stocks were
63e l05s and 1928 per cent below the best for the
week. The constant hammering of these shares
affected the whole market unfavorabiy, but the
decline as a rule was slight. feature of the day
was the siren 9Th of the trunk lines, which closed
as31 per cent. above last nights figures,
cept for Michigan Central which was So per
cent. lower. AS compared with Yesterdays
final sales, Northern Pacific is 119 per cent.
lower, preferred Gig per cent, Oregon and
TranscontinenUal per cent, Delaware, Lacka-
wanna and Western q per cent, and Denver &
Rio Grande and New Jersey Central IA per
cent. EACH, and Chicago, Burlington & Quincy
11s per cent. The other active shares were a 07s
per cent lower. In the spectalties. Oregon Ina
provement broke per cent, TO S0l9, and Rich
mond a. Danville per cent to 81. The break
in Wizards late in the day. was due to selling by
roOm-traders and reports of inside selling,
Large amounts of long stock were sold out, and
were bought by some of the leading bears. New
Jersey Central and Northern Pacific preferred
loaned at 1-64 per cent premium, New York
Central and Union Pacific fat, Louisville &
Nashville and Milwaukee q st. Paul at per
cent, and other active shares at az per cent.
Sales of stock for the week. 2,320,877 shares
IAN increase of 672,576. Out Of this weeks s
total, Northern Paeif1cs figured for 537,27S
shares and Oregon and Transcontinental for
240,69S.
Tie total Imports exclusive OF specie. since
Jan. 1, were 1897, 1888, ST. against 1912, 571 ,551
last year; exports of specie for the week, $561,-
1913, making total of S11 ,287,998 since Jan. l,
against $42, $40. 602 last year; import OF specie
for the week. S779,262, making a total since
Jan. L of $11,S11, OH, against 50, $50 for
port of New York for the week ending to-day
were, $2.974, 445 dry goods, and $6,997,5 $3.50
oil
The transactions at the Stock Exchange to-day
aggregated $4,000 shares, and included 900
Central Pacific, $4,000 Delaware, Lackawanna
6 Western, 10000 Denver & Rio Grande, 1000
Erie, 10000 Lake Shore, $4,000 Louisville &
Nashville, 5000 Michigan Central, 5000 Mis-
souri, Pacific, 5000 Northwestern, $4,000 New
Jersey Central. 1000 New York Central, %, 900
Northern Pacific, 100000 Northern Pacific pre-
ferred, 10000 Ontario & Western, %, 900 Read
ing, 5000 Milwaukee g. st. Paul, 80, 900 Union
Pacific, 10000 Western Union. $4,000 Oregon e.
Transcontinental, and 1000 Wabash preferred.
STOCK QUOTATIONS.