The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1883-10-17
FINANCIAL AND COMMERCIAL
MONEY AND STOCKS.


New York Financial Market.
NEW YORK. Oct. I5.-Noney easy al 2aa'z per
cent. Closed at per cent
Prime Mercantile Paper-6a7.
Government Bonds-sirong and higher.
Railway Bonds-Lower.
STATE Securities-Featureless.
To-day was another day OF depression in the
stock market. the weakest group being coal shares
which were all, except Erie, from IA TO - per
cent lover; next in weakness were Northern Paei-
fees Oregon and Transcontinental being especially
and selling at 81. which is ca points below the
lowest prices ever touched before to-day. while
Northern Pacific preferred was firm through
the day ana only e lower at the close. South
western stocks were quiet, though from = 10 =
lower. Union Pacific closed = lower than on Sat
urday. Notwithstanding the pool VanGerbiits
were the frIhest stocks on the list ond show no
important decline from saturday. The report that
the combination of the Coat Companies was being
ignored and prices cut was the cause Of the decline
in the shares OF coal roads to-day. President
Sloan. of the Lackawanna. pronounees the report
false. he says the Companies working har-
monionsly, and that be knows OF no
cutting OF rates. The fact that
the anthracite coal production has
been about a,OOOoOO tons lor 10 per cent? more
since the beginning Of the year than during the
same time last year. and that stocks are large and
demand light has caused the apprehension OF rae
cutting which. 50 far as known, have not oesn re
allied yet The Reading, LacS1wannd and
Pennsylvania Companies say they are dispOsing OF
their fEll prOdrcuOn and are in favor OF contiuu-
ing producing al full time, but IL Is understood
that other Companies are IN favor o. cITailug the
production. Pool IN Union Pacific stock is reported
TO represent O. 600 shares. as follows, viz; Gond
10000; Bender. 10000; Dillon 1000; Ames, 1000;
Sage 90 and Boston parties 900. Report comes
from Cincinnati that The Ohio and Mississippi
stockholders have compromised upon Robert Car
Tett ana James Il. smith.
oregon TranScOutnental Is depressed. IL was
for tie purpose OF forcing the pool 10 liquidat.
Northern PacifcS The general market outside OF
The stocks named, while weak. shows no
special declines. As compared win
tie close OF Saturday prices down
~ Tor Northern Pacific at 26i4 - for preferred at
%: for lackawanna, lll3s: 2s Delaware and
HUDSON. iC2s4 = for Canada -Olthern. "a ~.
for Omaha, 81 5: II for preferred at 81 and re-
mainoer OF the list = 10 per cent. In speCialtcs
Alton and Tcrre Haute declined per cent To IS :.
Chicago, II. Louis and Pittsburg preferred. ~ TO
Rs: Nashville and Chattanooga, 10 %, and Oregon
Navigation, = 10 u.s..
TRANSACTIONS 100000 snareS. as follows: Central
Pacific 1900: Lackawanna, l0S0O0: Denver, 1,O09
Erie. 1000; Kansas and Texas, 1000: Lake Shore
lO.CeO; Michigan Central, 1000: Northwestern.
100; New Jersey Central, 1000; Northern Pacific,
9I,0CO Reading, 1900: 81. Paul, 10000: Texas
Pacific. 800: Union Pacific $1,000: Western Union,
5000: oregon Transcontinentai, 6f.eO0; Northern
Pacific, preferred, -. 900: Wabash. ;. 600.
Mining stocks 10 day-Very dull; Horn Silver
sold at 700: Eureka consolidated. 625; Navajo.
$50 and 375; OphiT. 30; hrysolite. us and TO:
Robinson consolidated, IS and -. Sales for the
day, 1890 shares.
Pipe Line Certifcates-Duu: 1I0I4 TO lll7f clos
ing on call at lilIs-