The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1883-09-05
New York Financial MARKET.

tIs YORK Sept. 3.-Honey-Easy at 2alx per
cent; closed offered at per cent.
Prime Mercantile Paper 55z96H per cent.
Government Bonds-steady.
hallway BOnds-Firm.
State SecITiues-In main steady.
The stock market in tie forenoon wcs generally
stronger, and prices we're higher on moderate vol
ume. Between II and 2 the market was stronger,
and an advance was nearly continuous TO the
tent OF 70 rs percent, Tire latter for Oregon aud
Transeontinen,al. with other advances as follows:
Wabash preferred = per cent TO 81, common. per
cent 10 p. Jersey Central per cent to S2sz Louis
vile and Nashville ~ per cent. TO is1z. Union
Pacific "a per cent. TO %, 81. Paul Is per cent. to
1894 Missouri Pacific preferred Is per cent. 70 761,
common y per cent, to 4O3S. Lackawanna % per
cent to 1227S Erie per cent. to 3l9s ana TO y
per cent, on others. In the last hour prices were
generally lower, a resalt of sales 10 realize
profits on the advance of the last few days The
extreme decline in the hour was TO % per cent
latter in Missouri Pacific preferred, TO 1914 oregon
TTansocntnental to 95l4 and Laekawanns to l22.
In final dealings the general market was strong
er, and there a recovery of - To Re. latter
LsckawannR. In final dealings oregon Improve
ment sold at 50 against IS earlier in the day, aud
Oregon Railway and Navigation advanced = to
1907. The result OF the days trading to
leave prices generally higher than the close sat
ulday, the mist important advances being Oregon
Transcontinentsi. Union Pacific, ~ each; North
western, "a: preferred, 2; Erie, -; Missouri Pa
ciEc, "a; Canada Southern, =; st. Paul, =; Wa
bash Common, 1; Omaha, =; Louisville ana Nash
Vile, 1; Lake Shore r. In speeialties, Alton aud
lerre Hauie preferred rose 2,s per cent. 10 VI;
Oregon Improvement, 5 to SO; Chicago. ST. Louis
and Pittsburg, 10 AZ; c., G., C. ana l., IL to
6a% Chesapeake and Ohio. to 10: East Tennessee
preferred. to Il; memphis aud Charleston. , to
II Minnesota ana st. Louis pre- Ierred. 2a to l9H:
Ohio and Missouri, 10 29:1; St. Louis and san
Francisco preferred, ~ to AZ.
AdviCes from the West OF continuance OF
weather favorable the maturity OF the corn crop
in the mar ket more especially as the movement of
Other bTeaustuis has already weakened foreign
exchanges and STRENGTHENED the belief OF eolserga-
tive bankers in influx OF least so 001 600 70
S350O@O gOid the current fiscal year.
The advance TO day was portiy the result Of bry
ing TO cover shorts. but partly also for long AZ
eouns. Room traders have been buyers all day.
The MARKET closed strong.
The Evening Post says: The attention of many
persons is now lxed upon the corn crop as one Of
the most important factors in the prospect for
proyement not olly in prices OF stock bat in
business generally. Ia fact, the corn crop
value as all the other grain crops
crop Of say 5000 O bushels Of corr AZ p cents
per bushel n ia.mers' hand amOuGti1g TO 81 O.
Go COO viii sag go ocQ COG bushels Of vhea, aver
6Ee ITlCe q say W CHS 10 iarHCr, am )ul lS 70
$500. Q 0G0 All other grain crops would be WORTH
only AbOnt the Gifeieuce tetween values OF cjrn
and wheat. The great bulk of the corn crop for
this year now secured, and there IS now scarcely
anything that could occur 10 make the corn crop
below average. In tho IVES. many persons a-e al
ready basiug their business opinio Is on the expe
tatiOn OF a very large crop and this has probably
also induced the buying VI Tome stocks
The transactions aggregated S22,oc0 shares. es
follows: Central Pacific 200; LackaSanng, - 00J;
Denver, 500: Erie, iiC01; Lake Shore, 10 oJ5.
Louisville and Nashville IS 900: Missouri Pacific,
500; Northwestern, GOO; New Jersey Central,
eco; New York Central. 8 coo; Northern Pacific,
soc; Northern Pacific preferred. - 000 Reading,
6l00; st. Paul 10000; Texas Pacific, l9c99 y oi III
Pscifc, % 600; Western mon, Ii Coo; Oregon Trans
continental, -. 0O9: Wabash preferred, 900.
Mining Stccks-NeTy dull; Horn Silver, IS;
Iron Silver 725: Consolidated Silver. sos; ChrysO-
solidsted, 45Gf0 sales for the day. 20,5i1 shares.
PIPE Line certificates very dull at loss g.07H.