The Indianapolis journal., 1884-02-18

saturdays lrauSactlOlS on Tiie new 1OTR
Stock Exchange.
New YORK, Feb. 15.-2ioney is easy at1 1-202
per cent, closing offered at l ID per cent.
Prime mercantile paper, 405 1-2 per cent.
Sterling exchange, demand, 4S9 Ia
Bar silver $l.l2 IA.
Governments were steady.
The demand for railway mortgages continues
brisk New York Central 6s of 1887 rose to
1O5 IL, PEORIA Decatur & Evansville incomes,
per cent to 63, Denver & Rio Grande West
ern firsts to Il, Northern Pacific firsts to 100,
Texas and Pacific skies to 72 3-4 and New York,
Susquehasna & Western firsts to 81 IL Kan
sas Pacific Chesapeake & Ohio, East Tennessee
and Iron Mountain issues were firm.
State bonds were quiet Tennessee conpro
misses were weaker at 43 3-4.
Western Union, Louisville & Nashville, Della
ware, Lackawanna & Western, Lake Shore, Ore
gon & Transcontinental and Union Pacific were
the features of speculation on the Stock Ex
change during the first two hours of business to-
day. Western Union scored the greatest ad-
vance, selling up from 1854 to IS Is on increased
transactions The shorts displayed considerable
anxiety on account of a reported hitch in the
sale of the Nickel plate Telegraph Company to
the Baltimore & Ohio company, and attempted
to cover. There was considerable buying for the
out loan account, and the shorts secured compar-
atively little stock en- the way up. The transac-
tiOns in Union Pacific were enormous scale,
footing up Jog $50 ont of atotal of 373 6s5 shares
Covering by the leading bears continued il this
stock, and the price was carried up to 81 5S. In
louisville q Nashville a purchase for short ac-
count forced prices up to 49 5S. Delaware,
Lackawanna & Western rose to 12S IA on a re-
port thatrthe company had been awarded IA per
cent. on the west-bOund pool. Lake Shore was
bought by Vanderbilt brokers. Oregon & Trans
Il 81 . D .
changes in the remainder of the list were less
important About 1870 the room-traders forced
Pullman Palace-ear down from Ill 3-4 to LOG, for
the purpose of breaking the general market, but
the attempt was unsuccessful so far as the gen
eral list was concerned. Pullman Palace-car
subsequently advanced to 109 1-2 reacted to
l0T 7-8, and closed at los a los 34. In the after
noon Union Pacific was weaker falling off to
S3 l-2, decline of l lis per cent. as compared
with the highest price of the day, and the other
active shares yielded 1-e034 per cent. During
the last half hour, however, the whole market
became strong again, and prices rallied Is G1-2
per cent, under the leadership of Union Pacific
and Pacific Mail. As compared with yesterdays
close, prices are 1884 per cent. higher for
Western Union Canada Southern, Canadian Pa
cifc, Northwestern preferred, Delaware, Lacka-
wanna & Western, Louisville & Nashville, Lake
Shore, Missouri Pacific, New York Central, Ore
gon & Transcop tinental, and Reading, and l-S0
1-2 lower for Northwestern, Milwaukee d st.
Paul. Rock Island. Denver & Rio Grande, Kan
sas & Texas, Erie Northern Pacific, st. Paul,
Minneapolis & Manitoba, St Paul & Omaha,
Union Pacific, Texas & Pacific and Wabash pre-
ferred. An injunction order issued out of the
New York Supreme Court was to-day
served upon the National and Baltimore
& Ohio telegraph companies and
the New York, West Shore & Buffalo
Railroad Company, in the suit brought against
them by the Western Union company. The in
junction, among other things, restrains the de-
fendant companies from interfering in any man
with the rights or property of the Western
Union company on the line of the railroad, such
rights having been acquired by the telegraph
company under the contract of Jan. Z. 1880, with
the Jersey City q Albany Railway Company,
one of the producers Of the West Shore company.
The defendants are further restrained from op-
Grating, constructing or in any way touching the
line of telegraph now existing upon the railroad
companys right of way.
The sales Of stocks for the week were 2, 190, 600
shares
The transactions aggregated 373, 400 shares,
and included AZ 900 Delaware, Laekawanna &
Western; 10000 Lake Shore; 49, coo Louisville
& Nashville; 5000 Missouri Pacific; 8, 1000 North
western; 900 New York Central: 5000 Pacific
Mail 1000 Reading; $4,000 Milwaukee & st.
Paul; 5000 Texas Sc Pacific; 10Y 600 Union
Pacific; %, 900 Western Union; 20, 600 Oregon &
Transcontinental; u 000 Northern Pacific; 5. 900
East Tennessee. Virginia & Georgia, and 4, 900
Pullman Palaee-car.