The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-26
SHANGHAI AND COMMERCIAL.
HONEY AND STOCKS.


NEW YORK. May 25.-Aoney-on call easy at
E$f cent
prime Mercantile Paper-(35 per cent.
kForeisr MISUNDERSTANDING doing; quotations
Unchanged.
The total sales OF stock to-day were 236735
sA,ares. including Delaware. Lackawanna and West
tan. CASIO: Lake Shore 7,sco: Northwestern. H.
go, New York Central. II, 1885, Louisville and Nash
rSne. 4so0; Pacific Mail. 5000: st. Paul, 22275;
iexas Pacific. s. AGO. Union Pacific, SO 620 Western
onion, 10 ass.
:1he changes in quotations for Government
tonds are an advance OF - per cent In coupon
81 per cents and the As and decline OF - in the
a.. There were sales OF the SIS at los and the AZ
der cents at 1llsz
Estate securities nave been quiet and steady, ex-
!. pt decline OF 2 per cent. in Michigan rs and
gter cent. in Missouris.
There has been very decided reaction in to-days
stock market. Prices at the opening We're = to Is
2er cent. lower for most of the active list with
sJme exceptionally greater declines. and after
3nl trading for quarter OF an hour. there was
decided break, with increased activity during
the next fifteen minutes. The decline was then
checked, and the market became dull and stronger
This operation was repeated several times during
the day. The declines were accompanied by in
creased trading and the rallies, which we're
slight, developed inactiyely. In the last halt
hour there was general rally, especially IN the
:tiould stocks, aad In the case OF Western Union
shan on Saturday. but with that excep.
Sion the active list was from l to rs
ssere in Delaware and Hudson. 2zs: Pacific Mail.
sSs:. Northwestern. IA; Union Pacific; Is; 81.
sntrai ana ns Central Pacific each per cent Inc
slosing prices IL ave final decline, however. OF 8
sas per cent except Northwestern wnc1 is s doSn
zach l. Lackawanna ~. and Delaware and Hnd-
SON. 2ss per cent. There was considerable in
Nrease in the amount of business done during the
Siay the total sales being $780, 736 shares, but. of
lhis business, Lackawanna contributed $3.50
snares and Union Pacific 49, 600 shares. Over one
half the total sales were made during the fore
moon. The lowest prices OF Western Union, Union
Pacific and Lackswanna were reached IN the lore,
vanderbilts and the rest of the active list were
elnade after O'Clock.
AN effect on prices, ana the decline to-day Is re-
fysrd ed the combined effect OF the natural re-
Sac ion folo~ing last weeks advance and the ef-
Sforts OF the bears to make the most of the rumors
that the railroad war Is not ended. The trading
In Erie seconds eensols today was ss9s GOO eay
eo the list. The closing prices this evening are ir-
regular, the most noticeable changes being ade-
fours at e4s ~ in the st. Paul frsts. La Crosse
sdivision. al lo0 IA in Lake Shore division bonds
st i2l: y in Louisyille and Nashville, f.. H. and
New England firsts at liz; y in
:Cenusl Pacific gold bonds at 4. aud
I; In Toledo. Peoria and Western frsts at 72is New
York. Susquehanna ana Western first coupons
morning ar Sc aud during the loren Don sold down
Ito As, with sales OF $3.50 coo. The transactions
In the afternoon were only little over $780, 600,
end the price about steady closing With n
slight rally, however al ia net decline ef per
?cent Columbus. booking Valley and Toledo frsts
::are down at rs; Chicago, st. Louis and New Or
leans seconds and S. at I01a; indianapolis, De-
catur and Springfield hrsts l at S6 International
and Great Northern frsts, at 100; Metropolitan
Elevated seconds, at 100; Milwaukee. Lake Shore
and Western FRS s, at l0; Nickel Pate frsts. 12s
- :01<: West Shore frsts, = at 301s Midland of
New Jersey firsts, at 81; Union Pacific firs;s. =
lat 1855.