The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-14
FINANCIAL AND COMMERCIAL.
HONEY AND STOCKS.
New York Financial Market.
lev YORK, May l3.-Money-On call easy 1t

per cent.
Prime Mercantile Psper-05 per cent
Foreign Exchange-ouiet at 1861 for sixty days.
and 1854 for short sight
The sales of stocks to-day aggregated 25l.s7i
sharef, including: Delaware. Lackawanna and
Western, 81, 0oc Delaware and Hudson, 1870; Lake
Shore, 1880; Louisville and Nashville 400
Northwestern. 29.cCo; New York Central. $1,000;
ST. Paul. 2S.5s0: Union Pacific, 2.42e sha-es.
Government bonds have received some stten-
fion. There were sales OF the AZ per cent. regis
tered AZ I1lsz; the SIS 1865. ana As coupon and
registered at Izl3s. Quotations show decline of
q per cent. for the AS, and an advance Of u per
cent for the s's and y per cent for the currency
6s OF 1896.
State bonds have been very quiet, quotations
showing decline OF Lag per cent. in Michigan
re, Missouri 6's and North Carolina consols. and
Railroad bonds have been quite active.
and prices generally somewhat higher The
seconds new. The stock market has been
Irregular moderately active and al times feverish
to-day, with Lackawanns as the leading feature.
into contest between bulls led by the Gould
White party, who control in great measure the
quota loBs FOR Union Pacific. Western Union,
Missouri Pacific, and the grangers and the leading
bear operators whose most direct attack has been
also Scld Lacs6wanna heavily. Inc street was
well supported with rumors. including state
ment from the West that the Nicsel Plate was
making sixteen cent rate on provisions from
Chicaeo TO New York that gold shipments
to Europe had already begun, and trouole
had again broken out between Cnicag, and
the Mississippi River points The different stocks
that make up the active list were cratic that
scrpton of the merset Can hardly be given
without taking uD the list ssratim. Toe sal
Tor the day were oil 81 shares. OF when Lacka-
wanna alone contributes 81, SEQ The sales of four
other stocks, New York Central, Northwestern.
Union Pacific and ST. Paul. added 90 coo shares to
the days business, leaving only about $1,000
shares OF be divided among the othe- stocks
sold down from Il 81 to 1919 but rallied later in
the day, selling III last hour at 1925 and closing
1t 1927, a loss OF per cent Delaware and hud-
son moved about without any regard for the rest
OF the market, selling early from II down TO 76.
ana then back to Is at the close which vas gain
i Gf per cent.
with tnelexcept,on sof Lackawanna, New York
Central was the weakest active stock, and in tue
forenoon tell TO s254 setting at the same time az
IL. seller sixty days. IN the last hour aud half
II developed moderate amount of strength aud
closed at o554 which Is a loss OF only Is per cent
fraction in the forenoon sud were steady until
late III the afternoon aud then rallied some az the
and Northwestern u: while sf. Paul isuess, Mis-
HOufi Pacific q and Union Pacific and Missouri,
Kansas and Texas unchanged Lake shore did
not sympatnize TO day with the weakness in New
York Central, but was sirong thIoughOus the day
ut 81 ana a fTactioH above that price except few
sales at the opening. The STOCK finally closed
with gain of a per cent It is stated that the
movement 10 pay OF the floating debt OF the
Union Pacific is now under way, aud will prooa.
bly, be carried out before July l. i is also stated
tia; the cumpaoy's earnings are between and
per cert per annum on it's stock. Tee repors
fom London that the Oregon and California
Railroad Is TO be consolidated with the Central
Pacific system is cor fifmed here to-day. The
rangemeEt is virtually purchase OF the former by
the latter the stock OF one being EXCHANGED for
the outstanding stock of the other, terms not
yet made known. ana perhaps not definitely
agreed upon. New bonds OF the Central are 10 Dc
issued in lieu of the present defsulted Oregon
bonds. This admits the Central Pacific into Ore
gon, and besides putting it on equal footing
with ther lines as 10 Oregon and Puget Sound
business, completes great north and south line
from the British Columbia frontier 10 the Gulf OF
Mexico.
Transactions to-day aggregated 256. 600 shares.
follows: Lsczawanna 81, 900: Lake Shore, Is 900:
D. Paul, "a 600; Union Pacific, 24,9)O