The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-10-07
FINANCE AND TRADE.
MONEY AND STOCKS.
New York Financial sfarLe

new n Ofk 1ndnclaf 1arket.
NEW YORK, october 5.-Money-on call essy ut
Ia3 per cent.
Prime Mercantile Psper-4a5.
Foreign Exchanse-Duil at 49, for sixty days,
and 49, Tor demad.
The total -soles Of stock to-day were 1876
shares, including Delaware, Laekawanna and
Western, 1l2.9s7; Delaware and Hudson 20. 50;
Erie, $4,000; Lake shore, $50: Louisville and
Nashville 1895: Northwestern, S1,sls; NewJcrsey
Central. 77,75o New Nork Central, 5000; Pacific
Mail, Ga55O Reading. 5000; st. Paul, 2a,l6j; It.
Paul and Omaha, $50; Texas Pacific, $780, Tn
ion Pacific, =, 81; Western Union, $685.; Oregon
Transeontincntal, G.7i0.
Government Bonds were duh and strong.
State Bonds were.aetive and steady.
There was little better business in railroad
bonds to-day, and continued active trading in
Erie second consols, the sales OF which amounted
10 L. lf,000. Granger issues were very quiet, but
the few bonds dealt in were strong.
The special feature OF te-lay's stock market has
been the remarkable activity and advance in
IackaWNnna. The stock opened unchanged at
1867 and in heavy buying and only moderate
actions rose to 1901 A. which point il reached be-
fore p m. In the. last hour there was reaction
to l0St4, slight rally and break 10 1885, closing
at 1oSl with net advance for the day OF rs per
cent. and with sales of ili.eoo shares, over 26
all stocks dealt in. The advance was accom-
panied by varied rlimorS, all tending 20 show
that prominent bear operator. unnamed.
being squeezed. All admit that the advance was
due entirely to manipulation. and that there
no change in the general situation 10 justify the
advance. Delaware aud Hudson. ON a small busi-
ness, sympathized with the advance in faeka-
wanna gaining ~ per cont. On the other hand,
Jersey Central weak and closed with net
loss OF - per cent. Reading is up = per cent.
There very active trading. also in Lake Shore.
Northwestern. New York Central ST. Paul and
Union Pacific The sales ranged from $500
shares 60 $500 shares. These. with Iackawanna,
contributed over - per cent of the
days business. The market strong
from the opening 30 the close. although
there were several moderate reactions during the
day for fractional amounts aud closing prices for
the general list are i u q below the highest
figures, which were generally reached about the
middle of the afternoon Nes. York CeStral sold
a. hs as l01, Lake shore 20 :. Northwestern 1927
aud II Paul 7s. These were gnins OF - TO Il. per
cent a. compared with opening figures The rest
of the list was quiet and only finn. except West
ern Union. which rose ~ t0 Il !. and closed with
net gain of = per cent. New York Central
made net advance OF .. Lake Shore j. and
Northwestern =, while u. Paul is unchanged.
Compared with the market of Saturday to-
day weak and slow. Pacific Mail is
up ; per cent. IL is claimed that some OF the
prominent leaders on the street have joined hands
for another bEi movement al considerable pro-
portions, and there i soOd deal OF talk about
decidedly higher prices. especially Tor Lackawan-
ma. Northwestern, Western Union, and Missouri,
Kansas and Texas. Several railroads reporting
earnings for the month OF september show con-
siderable gains as compared with the same month
lust year. Northwestern making net increase of
$50 400, but this, and more too, was made I'm the
last week. Omaha gained nearly St5l, 600, Chicago
and Alton lost $4,000, aud st. Louis and san
Francisco nearly SO 900.
al. 81,