The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-08-19
FINANCE AND TRADE.
MONEY AND STOCKS.
New York Financial Market

New York Financial Market.
NEW YORK, August 17.-Money-On call easy
at Ia per cent.
Prime Mercantile Psper-4@5
Foreign Exchange-Dull al 4Sls4 for 90 days, AID
4S614 for demand,
The total stock sales to-day were 4Ge3li shares,
including Central Pacific. 100: Delaware, I.aeka-
and Western, 72,929; Denver and Rio
Grande, 4ll5; Erie Co.'s; Kansas and Texas, H.,
775: Lake shore, 1891; Louisville and Nashville,
1920 Northwestern, l6.660; New York Central,
Northern Pacific 1855; do. preferred, 1928;
Ohio Central, $3.50. Pacific Mail, 6,SS5; Reading,
1900; St. Paul, 5s,1O5 Texas Pacific, 6,s65; Union
Pacific, 25,34O Western Union, 29,0l5; Oregon
Transcontinental, 20sO0.
Government bonds have been more active and
strong for the 3s and Is.
State bonds have been more active and quota
tions steady, except the Arkansas and Ten
nessee compromise, which to ) per cent
higher.
In the railway bond market the Erie second
consols monopolized a large portion of the day 5
business, the sales being sl,0150OO, and at the
same time the price declined from 500 TO 90,
rallied to 6G54 again and sold early I'm the after
noon at 6S1a, but closed at 69ts. net advance of
I3S per cent? Where were sales OF S379O00 West
SHORE frsts and s.slS.WO Atlantic and Pacific in
comes, leaving for the rest of the list Il, $4,000
Wall street has been wonderfully well supplied
day, and the stock market has responded accord
| ingly. Everything on the active list except New
| Jersey Central IS higher this evening, and ma
| per cent while several stocks are mp over ] per
cent. IRON Saturday evenings closing quotations.
y per cent and while very active the early trad
| Ing developed considerable feveriShneSs, accom-
panied by fractional declines in number of
| cases Greater strength and stability were devel-
Oped after midday, and decided advances were
| established
Afteran hour OF activity and fractional yielding
in quotations renewed life again infused into
the market, Lackawanna taking the lead, and all
the coal stocks becoming strong, the advance con-
tinuing until the close of the board at o'clock.
In some cases the last sale was 1s914 lower than
the immediate preceding prices, and the quota
lions showing the condition of the market at the
close indicate a withdrawal of support in the final
| transactions. The strength developed in the Van
/ derbilts expected this morning. when il was
| known that the New York Central and West Shore
| had both ordered the restoration of local pas
senger and freight rates Ia take effect this morn
plete restoration of through rates. local well
| general. would take place in few days
The final advance, IN which the COS stocks lead,
panies had agreed 10 restrict the production for
| the month OF September. Nothing definite in
regard to this month is known this evening The
/ result of tO-days business is a gain of 35s per
| cent in lackawanna, % in Delaware and IIud-
/ son, 20 in Northern Pacific, preferred: 2ls in
| Reading, i'm st. Paul. and between and = in
| New York Central, Union Pacific, Colorado Coal,
| Michigan Central, Pacific Mail. Northwestern,
| Louisville ana Nashville, and Ca .. aud q. Jersey
| Central, however, was comparatively heavy all
| day. and closed without change from Saturday
| which TIE largest days business for nearly a
month past, that. too. with only four hours bIsi
| ness. Aside from the sales of 1890 shares OF
Iackawanna; 5s.l6O shares in It. Paul and , i,q0l
| shares in Lake shore. the business was well dis
tributed, the sales in no other case equaling 80
| 600 shares.
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