The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-07
glGANcIAL And COMMERCIAL.
MONEY AND SreCKS.


~ per cent.
erime Mercantile Paper-495 par cent
Foreign Exchange Unchanged
The fales OF stocks 10 day amounted 70 1892
shares. inducing the following: Delaware, Lack
awsHns and Western, d COZ shsres; Lake Shore
4. 0 shares: Northwestern, % 500 susres Hes
Jersey Central. 500 shares; New York Central,
- Geo sEsres Pacific Nail . COO shares: st. Paul.
sl.sco shares: Union Pacific. l6 SOD shares: West
srn Union. 10000 shares; Northern Pacific, 500
shares.
Government Bonds Quotations are unchanged.
except a decline CT : per cent in the SIS. There
was considerable business done at current quota.
tionf.
The only sale Of State bonds at the Exchange
wns CT Nerth Cafolins special tax q. 5. Quotations
are steady.
There has been decided reaction in the stock
market to-day. At the opening OF the board the
bears weTs treated TO a surprise py tBe strength
displayed throughout the list but especially IN
New York Central and Union Pacific and this was
followed Dy an advance in the leading rates in me
form OF which did not eliminate until as much
u OF ! Der cent paid for the use Of tne
stoek for tie day. Lsckawanna also loaned az
I'd. The rally ives also accompanied o. q de-
cided improvement III the amount OF business
zone, and the advance wss not checked uufn
after O'Clock. Late in the day eslorf made
~ CepIeSs prices, out the decline was CHECKED b.
fore O'Clock. and the market closed strOug ~
quotations. which show advances IN 81 ost every
tH4ng OF the lisf, the gains being from = % per
cent. The power oil the bulls was iOrcioy Il
Illustrated N tO-dey's transactions. the beDef Is
spreading that the unreasonable w7r IN IRE GIT
rates among the Western roads Is being car
ned On principally for speculative
purposes ana The sentiment %; Of the street
until the officials who are interested in the stock
rate have sufficiently supplied themselves with
higher rates. II is evident tEat some of the lead
ing bears are more actively IN the market again
during ne pas Gay or Two man a dor weeks pre-
of transactions IN New York Central Northwest
EN-. st Paul Lake Shore. lackawanna. Union
Pacific and Western Union. the sales of which
ranged between 10, 100 and 5000 shares each. In
point Of actSity New York Central was the leader
az wei As being one OF the STRONGEST stocks on
but II rose in the first hour above
S, and az ; O'Clock toueked s91{. from
Ss3k, gain OF a per cent. Lske shore rosa from
80 10 81 in the forenoon, sod later at ~, bat
oose 70 - It's lowest Prize and l1en raied IN
efe was rot active but was over strong, selling
mp TO ~ ard closing at 4S5z, advance Of Il per
cent Western Union, IackawaDna. Delaware and
Hudson, Missouri Pacific. and two or tnree of the
less active stocks, are up = per cent. ST. Paul
fessts ssln o. - anN est = per eent
gain of per cent Consolidated Gas is the only
active stock on the list that Is lower at decline
rally in the last hour but lOsen the loves, price
OF q Gay with net gain o. per cent. Toe
lowest pTlceS were generally at the opening, the
highest prices were made after 1 O'CLOCK
Ia most eases. and the closing prices ae
a little the highest Of the day There
/. some opposition 10 the regular ticket pr0s0seI
for the directors of the New York Central, TO De
voted uBOn 81 the next annual meeting. Prest-
dent Sloan. of IackaWenne, is mentioned To-
President Of the company in place of Prssideat
Little. The total fOOtiugs of the transaction in
railway bonds Indicates active market, the
sales amounting to SlsS9 eco, but of this sum the
trading OF Erie seconds Contributed sj3l001.
Comparing prices this evening with previO sales
there is a decline ia many cases. Chesapeske
Louis. Jacksonville snd CHICAGO fTsts are also I
per cent lover, stllT19 Central New Jersey frsts
consolidated assented. coupon OF, are down a
pr cent. At 90 and the Adjustment bonds per
cent. 1907. ST. Paul ilrsts Wisconsin and Min
neapoiis Division ives. - per cent, at 9z; North
western coupon god bOud y per cent. at los:
New York. Lacxawsnna and western first ~ per
cent. st IA e: Denver and Rio Gr9ndeWestern 1rsts
J. atS9; NJ. X. and 7. consolidated 6's Ia at 744;
oregcn Ry Nav. hrsts at iIi1z: Oregon Snort
Line 6s, 81; Texas and Pacific, Rio Grande Di-
D. frsts l. at ca ana Colorado Coal and Iron 6's 2
al 90.
AmoDr the bonds which show gains Northwest.
sinking fund 6's are up / = per cent, at III:
Erie thirds extended - at 1917. aud seconds new
W at 52s4, after opening at 52x, selling at 52t5,
down TO 52sss back to OPS. again at 5212, closing
stated.
West shore frsts early in the day developed de-
clded strength, selling up from 29% 10 3d. I, from
which they declined to S0%. and closed quiet at
scss, a net gain of rs.
Union Pacific firsts ara up =, at lis, and Rome,
Wstertown and Ogdensburg 1nts 4, al Ill.