The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-06-20


are firm at 9 per cent, and bankers report
a pressing demand Exchange is weaker, with
sales at par.
The New York Money Msrket-Stock Trans
acknowledging Prices of Government Sc
neutrality-suspicious. OF General Stocks.
NEW YORK, June 19.-Money easy at 2l9G3
per cent; closed at 2.
Prime mercantile paper lash per cent.
Produce exports for week, 81, $4,000,
Government bonds firm.
Railroad bonds irregular.
The feature of the afternoon market was the
break in East Tennessee incomes from 36% to
80. Subsequently the bonds recovered to Sc.
State securities dull.
The stock market opened feverish, and contin-
ued SO, without any very important change in
prices, until about 1890, after which it became
firm, and though trading was light, the entire
list advanced gradually to about IL O'Clock, the
advance up TO that time being from 4 to per
cent, the latter Northwestern, to 1876, the
strongest during the forenoon being Northwest
ern. st. Paul, Lake Shore, Northern Pacific Erie,
and the coal shares generally. Wabash and other
Gould stocks were quiet and firm at about yes
terday's prices, except Western Union, which
was 4 lower. Among speoalties, there were some
ehRrp ADMINISTRATION & Terre Haute per
cent. to 94la and Memphis & Charleston per
w. some
Ohio 4 Mississippi declined from 35 to 34is,
and Cedar Falls sold at 10 against 1710 yester-
day.
The foregoing was the condition up to noon,
when ths announcements of the failure of the
broker firm of X. H. Parks & Co., OF New York,
doing pretty large business in grain and pro-
visions and q moderate one in railway STOCKS,
and correspondents of Nichols & Co., of Chicago,
caused decline Of lea = in the general market,
1he latter for Lake Shore. In half ar hour
about 800 shares of jersey Central, Wabash pre-
ferred, 81. Paul, and Rock Island were sold out
ruiz Ur ID
quiet, and in futures there was a
recovery of leak, leaving the market
the stock market was steady and there was an
Improvement in prices until about 1 o'clock, at
which time there was pretty sharp decline to
the extent of L to L. per cent, the latter on
New York Central, to 1908; Alton & Terre Haute
decliped l per cent, and G., c., e. & I. 4: The
rest of the market declined Il to T. In fifteen
minutes before 2 O'Clock the market became
steady again, and there was a recovery OF u to
market was dun and steady, aud so conrnued
during the next half hour. In the last half hour
the market became weak aud prices deemed y =
Aside from this there were no special
features. At the close the market was steader
but dull. The result of the days business shows
a decline OF fraction on a majority of stocks,
but nothing of Importance In any OF the usually
active stocks. Among the speclalties there
clined Il, and Ohio and Mississippi Ia. On
the other band, Oregon Improvement Com pany
sdyanced 10 Sne .ase aous ., maS e Fan an
Haute advanced 3l9 per cent for the day, and
Memphis q Charleston 2 per cent
The transactions at the Stock Exchange to-day
aggregated 296,120 shares, as follows: Della
ware, Lackawsnna & Western, $4,000; Erie,
$4,000 Lake Shore, 1000; Louisville & Nash
vile, 5000, Northwestern, IL, 000 New Jersey
Central, 5000; Now York Central. 5000: Read
ing; $4,000, Milwaukee q st. Paul, 10000;
Union Pacific. %, 900; Wabash preferred, 1000;
Western Union, 1000, and Northern Pacific pre-
ferred, 10000.
STOCK QUOTATIONS..