The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-30
MONEY, STOCKS AND GRAIN.
The Stock Market Shows No New Feat
ures, but Continues Very Firm.
Flour and Wheat Firm and Slightly Higher
Under Influence of the War News-Pro-
visions Very Dull, but Firm.
MONEY AND STOCKS.


The New York Market Develops No New Feat
ures, but Closes Strong.
NEW YORK, April 29-Money on call con-
tinues easy at 1as1s per cent, closing at per
cent.
Prime mercantile paper, 4a5 per cent
Bar silver, 81. 03!.
Foreign exchange continues extremely dull
actual business, 50. sc and 81 So
The sales of stock today aggregated 49, 246
shares, Including the following: Delaware Lack
awanna & Western, 1900; Northwestern, 5000
New York Central, $500; Pacific Mail, TO- 7O0
st. Paul. 10, 220; Union Pacific, 80, 700; Oregon &
Transcontinental 9400
Government bonds are firm at unchanged quo
tations, except the the threes which are high
err There was sale of coupon tours at 1929.
State bonds are quiet with slight changes in
quotations in some cases.
The railway bond market has been quiet to-
day, but the business done has been well dis
tributed. The total sales were $769, 600, an in
crease over yesterday of $4,000 The largest
transactions were in Erie Missouri Pacific
and East Tennessee, Virginia and Georgias.
Prices this evening are irregular as compared
with last previous sales, but the changes, in
majority of cases, are for only fractional
amounts
The stock market has developed no new feat
ure to-day. Immediately after the opening
there was. heavy selling of Union Pacific by The
clears" and the price broke from 49s to 46aa.
with sales during the first hour of "a 600 shares.
1t is claimed by the friends Of the company
that the short interest in this stock
now amounts to as much as all of the floating
stock in the street. The decline was checked,
after the first hour, and from that time until the
close of the board, Union Pacifi; dull but
strong, closing at 49a. Nearly so per cent. of
the first hours trading was in Union Pacific,
but there was also some selling of Missouri Pa
cific, Lackawanna, Michigan Central and
Omaha preferred. the stock last mentioned
selling down from rs to 73s. Other stocks
yielded only fraction In the early dealings, and
after IL o'clock the whole market became strong
and extremely dull and so continued until shortly
before the close of the board when there
was slight rally, the market finally closing
strong at quotations, which show only slight
changes for the active stocks from the final
prices OF last evening, except Pacific Mail, which
led the late advance and shows gain of II per
cent. Omaha preferred is down II per cent.
The other changes are for small fractions The
total sales 119 246 shares, and the only fair
w active stock was Union Pacific in which the
trading was 30, 700 shares. In no other case did
the transactions exceed IL, Ego shares, and with
the exception of Union Pacific ST. Paul, Pacific
Mail. Oregon and Transcontinental, Lackawanna
and Northwestern. the sales In no case We're as
much as 5000 shares.
The firm of Harriott & Moves. one of the old
est and best known banking houses in this city,
expires tomorrow by limitation, and the CO.
partnership has been dissolved. The senior
member of the old firm MIR. S. j. Harriott, will
continue business with his son. under the firm
name of s. j. Harriott & Co. Mr.. Harrott's
residence is next door to that of General Grant.
and has been very kindly rendered to the As
ISOLATED Press and used by it headquarters
during General Grants illness
The market closed with the following prices
bid: