The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-02
gIEAECIAL AND COMMERCIAL.
MONEY AND STOCKS.
lev York FinaaciaI s1arket.


gEw YORK. Nag 1.-Koney-On call ccntin-
a. l@11< per cent. closing a. Ia per cent
Prime Mercantile Paper-s95 Per cent
Bar eilver-Ioeg<
Foreign ExchAnge-Is very qgie.; actual busi-
nses ie done a. 5s6674SS.
The sales 81 stock 10 day aggregated 1f7.os5
shares, including the following: elaFa-e Lack
awaAns ana Western. 100 shares: Kansas and
Texas. 800 shares; Lake Shore. 500 snsres;
Northwestern. 1i.loo shares; Pacific Nail. $500
shares Sc Paul, 10 90 shares; Union Pacific. 9oo
shares western Union a 800 shares Union Pacific.
preferred 400 shares.
Government Ro1ds-Have been quiet and strong
for the SIS which show q gain of Il per cent IN the
price Did, while the as are = per cent lower.
Etae BOnds-have BEEN dull
The railway bond market has been more sctivs
day. the total sales being 220,6gU an increass
over yesterday Of $50 500. Prices were heavy in
the forenoon, out rallied in many cases later IN
The most active bonds We're Erie seconds. vest
ShcEe frsts, Metropolitan Elevated SECONDS, Nortn-
ern Pacific sGd East Tennessee. Virginia and
deorgia issues, Chesapeake and Ohio SKIES series
A. declined = per cent. 10 e61s series were not
traded N. but the payment Of the interest due to-
day Is making good progress A0Out $50 90 were
thus paid out 10 day in cash. There was a coutin-
uatIOu TO Cay OF the dullness which has been
such prominent fea fure Of tae stock Ina-kes for
some time past, the totai being IL, 0S5 saares.
increase over yesterday OF IL coo shares Ovsr 20
per cent OF to-osy business was cone IN y fdni,
Northwestern.
The rnsrket was steady at the opening snd con
tinUeG strong until late ir the afternoon. when a
combined attack vas male upon the who'll list,
which resulted IN depressing the prices for frIc
tiOnal amouDs. The final prices were within - CT
a per cent OF the lowest Quotations OF The Gay.
Inc total sales in the last hour alone 90 200
shares. p per cent OF the day business. Prom.
party say that orders TO BUY on every decline are
increasing, and there IS other evidence that the
street is becoming somewhat more bullish in sen
timenk There was not q single active ock on
the list whose extreme fluctuations exceeded
per ceRt Western Union is an exception TO the
general list and shows net gAiu Of
> per cent, while Missouri Pacific
il down = per cent and Union Pacific *
per cent. a careful analysis OF President Adams
report shows that the Union Pacific Railway owns
the enormous sum of $40 114 $40 of bonds aud land
notes of their own rOad, and bonds and stock Of
branch or tributary lines. This is the largest
amount ct similar Sssefs Seld by any railroad cor
poration in the United States, and the company
derives large revenue from tEe same. The fol-
lowingsis recapiulation OF the securities re-
ferred 10:
Bonds OF their roads. 4sS
Bonds OF branch aud tributary roads 80 99l 20
Land notes anc land ca ............ Is OBJ 102
stocks o. other railroad companies 80 $50 99l
AOthi..-..
st Paul il also < per cent. higher; Omaha pre-.
ferreo Is - lower; Oregon Navigation Is down a.
and Mlchila Central closed ~ loss OF per cent.
There were q few sales OF Cleveland Columbus,