The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-10-26
A Strong Stock Market.

"A
NEW YORK, Oct. 25.-Money was easy at per
cent. and closed at 2 per cent.
Prime mercantile paper. CO., per cent
Government bonds were firm.
Railway bonds were strong.
State securities were quiet
To-day's stock market was strong, and though
prices declined in the last hour from a realiza
ton of profits, there has been a gain not only in
prices but also ia confidence. To-day for the first
time in good many months there were foreign
buying orders of considerable extent on the
market though many OF them were at figures
somewhat below the lowest of the day, showing
that foreign buyers expect q partial reaction,
but are disposed to invest at moderate de-
cline from the average of the day The market
lo-dsy opened with whirl and dealings were
attended with great excitement. The clears"
in Vanderblt's made special efforts to cover on
the report that Vanderbilt had ordered calling
in of all his loaned stock The early
rise in prices ranged from L. to Gig per cent.
Illinois Central leading, selling up from 1924 TO
1S2. equently, there WAS reaction OF Il
tn St, the after in Oregon Navigation, which
fell off from 1134 to 112. Near o'clock specu-
Iation became buoyant again, and MANY shares
reached the highest point male since the pres
emit ''bull" movement began. In the afternoon
there sales to realize profits, and reac-
lion of a to per cent took place. the latter i'll
Michigan Central. The decline was accelerated
operator alone being accredited with
putting ont a line of shorts of
over $4,000 shares Room traders followed
in his wake, and also sold freely. In the final
transactions there was a rally OF l6G 80 ner cent.
in Western Union, which sold up TO 791s. As
compared with last night the closing prices are
e to lie per cent. lower for Union Pacific, Can
ada Southern, Central Pacific, Chicago, BurlIng-
ton & Quincy, Northwestern, LacEawanna Den
yer, Louisville d Nashville, Missouri Pacific,
Kansas & Texas, Jersey Central, Manitoba and
Omaha; and 1e to ga per cent. higher for Ore
gOn Navigation, Oregon & TranscOntinental,
Northern Pacific, Western Union, Texas Pacific,
Omaha preferred, Lake Shore, st. Paul and Can
adian Pacific New York Central is unchanged.
In specialties. the Alton e. Terre Haute rose 7
per cent to 50; American Cable %, to SO q;
Cleveland, Columbus, Cincinnati Indianapolis
l, to 63; Lake Erie IL Western ], 10 Is %; Louis
vile. New Albany IL Chicago 2, TO AZ; Mime
apohs & ST. Louis q. to FL; preferred /, to AZ,
MilwSqkee, Lake Shore q Western pre-
ferred i, TO 40; New York and
New England 2le TO rs; Pullman Palace
ferred 2, to 81; New York, Susquehanna West
ern preferred l, to 1l5. and Bankers Mer-
chants telegraph p, TO 1852 Chicago. ST.
Louis & Pitt preferred, after advancing
2la per cent, TO 80 i9, reacted TO 81.
The railway earnings for the third week of Oe-
tooer of the Northern Pacific were $302,700, an
increase of S1O6 500: Canadian Pacific 81 80, goo,
an increase of $4,000; Hannibal st. Joseph
sos, 700, an increase of 5000.
The TRANSACTIONS at the Stock Exchange to-day
aggregated 638,0O0 shares, tollows Can
ada Southern, 10000; Central Pacific, 5000;
Delaware, Lacgawanpa d Western, $4,000;
Denver s. 900; Erie, "a 900; Kansas & Texas,
1000: Lake shore, 40 900 Louisville & Nash
vine $4,000 Michigan Central, 11,o00; Mis-
souri, Pacific, 10000; Northwestern, $4,000;
II, 900; Northern Pacific $4,000; Reading, 23,-
900; St.. Panl, 1000; Omaha. IL, 900; Texas
Pacific. 10000 Union Pacific, 45,o09; Wabash
& Pacific / ) 900; Western Union, $4,000; Ore
gon q TranscOntineDtal, 1000
crock QUOTATIONS.