The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-02-02
FINANCIAL AND COMMERCIAL
MONEY AND STOCKS.
ssw vosk Finanoi.l asrhes.

sew York Financial HsFkea.
Fsw YORK. Jan. sl.-Noney-Easy at l per
cert.
Prime Mercantile Paper -4g6 per cent
Governments Quiet
Railway Bonds-Steady.
State securities-Fsirly active. Alabama. class A
sold at SIS Georgia gold IS a. I121z and North Car
DINA eonsols at s25k
There was a weak tone TO the stock market at
tie opening OF business this morning, when the
Tears rsided the coal stocks OF q report that the
Pennsylvania Railroad intended 70 reduce prices
On anthracite coal Great pressure was brought
10 bear against Lackawsnns. and the stock
droIpsd = per cent from last nights closing
Tr.ee 10 s71s with large sales on the way down.
Delaware and Hudson made still larger declin :,
selling of IA TO 6S, but the transactions were
smsll. Jersey Central went of IL 70 325S, and
Z. aiding declined only only "a 20 15sz. stimuli
faneously an attack was made on ST. Paul and
some OF the Pacific roads 81 OF which yielded for
time. Ct Paul went OF TO 705s; Canadian Pa
cife, y TO 81; Missouri Pacific, 10 %, and Gen.
Tal Pacific. "a to 261z. Outside of the shares men
TONED, the decline was fractional and within "a
y per cent. This decline was followed by some
heavy buying for long account. which started
- % % '1e oeslS W SorSrans; sl1 an soNance
ware ard HUDSON. Lackawanna followed with
Ilse OF IA per cent. aud the remainder OF the
rise Western Union ana Union Pacific were con-
spicuous. selling mp TO 5os and 495S respectively.
BullnR TIE afternoon the market became quiet
and prices ssgEed OF TO 8 per cent, but in the
last half hour business was renewed. drmness
aud generally advanced. which carried quota
lions higher than before for some stocks, and
shout up to the best figures previously attained
for most OF the others. Late dealings were char
scterfzed oy considerable spiyfI, and there was
improved feeling generally, which was stimul lated
By advices from the West that East bound ton
mage from Chicago this week had reached the un-
usually large total of 5000 tons, aud that East
bound freight rates are being firmly main
tanned. Erie declined TO I2% on London
reports that the stock and bondholders
would be asked to pay an assessment for
market closed firm, illinois Central lent at 1-S2;
New YORK Central, Lscnawanna. Union Pacific
and Delaware and Hudson At 164, and others fiat
TO 1-l26 per cent: compared with last nights
closing, prices are - 10 - per cent. higher for
central Paclnc Northwestern, St Paul preferred,
Laekawanns. Delaware and Hudson. Louisville
and Nashville, Lake Shore and Western Union,
and = to per cent. lower for Canadian Pacific,
Canada Southern. 81. Paul. Missouri Pacific. Kan.
sas and Texas. Erie and Union Pacific. Oregon
Navigation fell of = to coz, and advanced
10 q. The sales OF stock for the week were l42 :,
$50 shares.
Transactions TO-DAY aggregated 22i 600 shares,
ll.fO0 Union Pacific, IL. COO Western Union.
The mining market was only moderately active
during the forenoon. Bulwer sold 1090); min
ing, o3, seller 10; Belle Isle 10; Colorado Gen.
trial. Is; Grand Prize. IS; Horn silver, 290 seller 3
and 27t. seller 34250: Consolidated California
o.. Standard, 1892 and IS shares at los, ana Red
Elephant, o.. In the afternoon there was some
activity. and Plymouth sold at 1875 regular aud
l5s4 seller 10 BOde, 2J5: albion, Uo: Silver Kin
~. Eureka, 80. Lacrosse, 0S; ChrysOlite IS: Horn
siiver,20 standard, 30 regular and % buyer 30.