The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-12-31
FINANCE AND COMMERCE.
MONEY AND STOCKS.

Activity in the New YORK Market.
FEW YORK, Dec. 29.-Money is easy at 1190
gig per cent.
Prime mercantile paper, 506lo per cent
Sterling exchange, bankers bills are quiet at
4sls for sixty days, and 484st for demand.
Bar silver, $l103.
Government bonds were fraction lower.
State securities were quiet.
Railway bonds were generally strong.
The stock market opened firm, and prices ad-
vanced Il g per cent. The Wizards. however,
were weaker in the first sales, Northern PACING
opening at 1885, Northern Pacific preferred at
SO, and Oregon & Transeontinental at 317s The
natter continued weak throughout the first hour,
and sol1 as low 3058. considerable long stock
being marketed on the way down. Before IL
elock, under purchases to cover shorts, North
II Pacific rose 1 1s per cent, preferred 21s per
mt, Oregon & Transcontinental e per cent,
I'D Oregon Navigation Sig per cent In the
pantime Union Pacific fluetuated between IA
md 747s. ST. Paul was somewhat weaker, and
the other active shares were firm. Near mid
" prices fell OFF slightly, and at the same time
ing orders in Missouri Pacific made their ap-
4dnce. The stock declined to 90, against
searly in the day. Wabash sold down 81
ferred l. Canadian Pacific lie, Lake Shore
Northern Pacific 70, preferred ia, and Ore
gon & TranscontinentaI 81. The decline was
succeeded by atfrmer tone, ana prices rallied L
d5s in the general list and le011a in Northern
Pacific Oregon & Transcontinental and Oregon
Navigation Subsequently Missouri Pacific
weakened again, sales being made at 1893. In
he last hour of business the Wizards became
leavy for Oregon & TranscontinentaI and Ore
yon Navigation. 1t was currently reported that
Insiders were selling. The rumor gre W out of
she fact that broker who was related to MEM
Der of the investigating committee a free
seller. This broker had order to sell 5000
shares of oregon & Transcontinental, but it was
not for account OF anyone connected with the
yInaru prop 80, ana rs brought to be employ ed
Endicott had withdrawn from the Oregon 81
ranseontinental company, but this was
7iciafy denied. On the strength of these re-
sorts Oregon y Transeontinental dropped to 30
and Oregon Navigation to 9GA2. Northern
9acific was we'll sustained during the raid pre-
FRED selling up to 81 q, and common to 24lS0
III The general market was comparatively
eady. AS compared with last nights closing,
ices are 1s02le per cent lower for Canada
southern, Rock Island, Louisville e. Nashville,
Missouri Pacific, Kansas & Texas, New York
Central. Erie, Oregon Navigation, Oregon &
Trauscontinental. Union Pacific and Western
Union, and la011 "A higher for Wabash, Northern
Pacific, Canadian Pacific, Quincy, Denver aud
Lake Shore. Lackawanna and Texas Pacific are
unchanged. In the specialties Alton & Terre
Haute declined /, to AZ; and c., G., c. & l., I, to
IS. Sales of stock for the past five business days
were 1858, 7S5 shares. ="
Transactions at the Stock Exchange to-day
aggregated $4,000 shares, and incinded %, 900
Delaware, Lackawauna a Western, 5000 Erie,
90 Lake Shore, 5000 Louisville & Nashville,
COCO Missouri Pacitie,V7,000 Northwestern
900 Northern Pacific, 81 600 Milwaukee & St.
q, Aiul, 27.00o Union Pacific, 5000 Western
shion. IS, O0o Oregon tSTranscontinentai, s, 900
1nadian Pacific, 1000 OREGON Navigation, and
900 Wabash.
STOCK QUOTATIONS.