The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-16
FINANCIAL AND COMMERCIAL.
HONEY AND STOCKS.


NEW ToRK. May i5-xcnsy-on call easy At
Pc cent
Primo Mercantile Papor-<@s per can't.
Foreign Exchange-Fairiy active and firm at
pt,4 for sixty days. and 49,. Tor short sight
The total ssies OF stocks oday were i9LHi
sbsrts. including Delaware, Lackawanns aud
Western. 4s.ooti Lake shore 1880, Louisville and
Nashville. fi,on. Nor1hwcstorn, 20,250; New York
central, b2soe; S. Paul. 2i.ico; Union raclnc.
29teo.
sTheic IL 10 change In the quotations for Gov.
eminent bonds except an advance of - In the
rerhterod ~. There wasa sale OF registered ~
st ny. aud " ooupon At i2isb.n
blaie bonds are very dull and generally un.
changed In quotations. Louisiana - oonsoi. how.
ever. upi per cent IN the price bid. and Michigan
~ arc per cent lower
Tho stock market to-day has been loss active.
but has exhibited n strong undertopo all day.
The news this morning was all OF a character IA.
vofable ~ higher prices. The settlement OF the
Soubiss Of tho different railroads west OF Chicago
vas accepted 40 an assurance OF better rates for
long time TO come aud tho bulls we've correspond.
ingiy more confident unfayorabie reports from
Euiope regarding tho Anglo. Russian war ru mon.
noon also had slight Influence. Tho Announce.
mont. however, that there was decline OF per
cent In hritish conkols was found To be incorrect
aud was denied before = p, m
The activity Ia the aitemoon waA stimulated by
the publication OF report that the Esst.bouud
cents per leo pounds, which IN u considerable al.
vsncs over tho ra.ss At which freights nave been
last ,"si rate. The bulls cis% ina, ali Sa Il
necessary 10 complete restoration of conndancs
ana very decided advance Ia prices N tor the
Vanderbilt and West SHORE parties To settle their
dintrncea LackawAnna continues To lead tho
active lst, aboat one.fourth OF the days busiuess
being In that stock Most OF the ioaning rates for
uo Of the Laokawanna were made at iiis. bat
hour the s!oci Welded q traction. and closed
New York Central also shows gain OF ~ per
cent, the stocs being conspicuous for iA advance
II up fractional parts of l per cent, tho market
closing steady at or within fractions OF the nigh.
Union racsIlc WAS also active. aud during the
afternoon decided Effort was made 10 break tbs
price ~ creating the impression that a large
movement VAS not successful II IL claimed by
i've srss Of me tns ans so end hsS
OF tho oa,,nr Ses viii TnS Ss ,sssn es ,as Ss
contract between the Pacific railroads aud Pacific
Mall IN also expected 10 DO completed In tho next
The total saise wero iei.755 shares. and after
lMkAwAnna che mest active stocks were uaion
wss.ssn. IN tho order named Tns ssm m y' OF
the iist contributed only about $4,000 shares The
railway bond market hah been aouve. the trading
OF special activity in tue Denver issues aud aboa,
The usual amount 81 trading In Ene seconds, new,
There Was an advance Of ~ per cont In Cedar
Rapids. Iowa ss..s and Sof:.sssin. among tho 81.
Paul issues tho frs! Chicago and Pacific Western
Division IS are 1 per cent. and the terminal
ma, Chicseo, 81. Paul, minneapolis aud Omaha
~ tvsa 81 Chicago aud Western Indiana general o..
az Denver and Rio Grands nrst IS. III and the
the frat consolidated rs, ~; East Tennessee. vir
ginla and Georgia htat consolidated bs. ., Erie
2ds. new. - Louisville aud Naslvlll consoli dated
7s, Il New Orleans and Missouri c.. So. T.,
and N. gs, "a tho trust bonds, SCI aud tho IN N
g.. O.. The advance IN those londs OF late aud
especially to-day. IL understood To be due 10 the
fact that the bonds held by Cisco & Co, have been
bought and taken OF the market. g. Louis aud
Iron Mountain and Cairo, Arkansas and Texs lists
7s, D. Fort Worth and Denver lsts, IL. and Colo.
rado coal ana iron 6's. ia In a few cases prices
are lower. Inc TOTAL sales were sl,2i3,ooo, IA in'
crease over yesterday OF $3.50.