The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-10-21
FINANCE AND TRADE.
MONEY AND STOCKS.
New York Financial Market.

new LOEh nA6Tkct.
KEW YORK. October le.-Aonev-on csuessy at
1893 per cent.
Prime Mercantile Paper-95.
Foreign Exchange-Dull az 1881 lOr 90 days and
4s514 for demand.
The total sales OF stocks to-day were 73S, rs
shares, including Canada Southern, 9,Ol0; Central
Pacific, 800; Delaware, Lackawanns and Western.
Al o74: Delaware and Hudson, $50; Denver and
Rio Grande, SI6o: Erie, td,577; Kansas and Texas,
$500; Lake Shore, $50: Louisville and Nashville,
1920: Missouri Pacific, 1910: Northwestern, ST Ss7
New Jersey Central, 2,4l7; New York Central 3D.
ca; Northern Pacific 9,677; Ohio and Mississippi,
6,9S0; Ohio Central, $50; Pacific Nail, 4s0i5;
Reading 56,34O; st. Paul, $3.50; St. Paul and Oma-
ha, 10sij; Texas Pacific, 5000; Union Pacific -,
$40; Wabash Pacific, 3 2S5; Western Union, g. los;
Northern Pacific, preferred, 1855; Oregon and
Transcontinental, 22670.
Government bonds were dull ara steady.
State bonds were dull, but firm.
The railway bond market continues extremely
active, and few OF the speculative issues sympa-
thized to some extent with the course OF the stock
market. Erie second consols contributed 81 OIL
co., The transactions in the Atlantic and Paeifcs
amounted to 81 ,55S 600, closing with gain of 13s
per cent. The Western Division firsts closed ut a
net advance OF So per cent. Central Iowa, East
crn Division, are UP Is per cent, and the Illinois
division = per cent. the It. Paul and Northwest
err issues were firm, without material change.
The total sales aggregated Sj,Il9,Oo.
Trading ON the Stock Exchange this morning
was as active as has ever been seen i'm the history
OF the Exchange. The total sales for the first
thirty minutes aggregated nearly 10000 shares,
and for the day they amounted To f;i, as shares.
This il the business reported but as is always the
ease with extremely active market. the sales
are very materially below the actual amount OF
business done. With the activity came alSn a
further decided advance in prices. which
amounted al one time To a veritable boom in
nearly every active stock on the list. The market,
however, was somewhat irregular, and inclined to
bc feVerish M the opening this morning. The
early advances were in measure lost before the
end OF the first hour. From that time till o'clock
there was decided upward movement, resulting
in gain Saturday evenings close of
from p 10 over per cent. Pacific Mail
d dsrSis eseecalS Sr Michigan fe central
Union Pacific and Northwestern, all rose over >
per cent, Western Union, and in fact all the
Gould stocks were strong without making such
decided gains. The advance, however, ranged
between and IA per cent The highest prices
were reached about l O'Clock. and for the next
hour the market was inclined to hc heavy with
out any material decline. In the last hour there
was decided break. which ranged from = to |
per cent. accompanied by great excitement and
enormous transactions, while prices were irregu-
lar, feverish and weak, in which condition the
market closed. The result of the days opera
lions is an advance in almost every in
stance the only exceptions worthy OF note being
decline of = in Louisville and Nashville. and
Central Pacific, which. on a moderate business IS
down &c Lake shore, and Missouri, Kansas and
Texas are unchanged. after an advance in the
former of &C. and i'll the latter OF per The
prominent feature Of the market was the heavy
trading i'm Reading, the sales amounting To D.
COO shares. the closing showing n gain Of 10 r..
Western Union, after rising II c. closed with net
gain Ol sc, Union Pacific advanced 3se. and
closed - up; Northwestern rose 24c. but closed
he lower; its earnings for the second week in
October show a gain of Si2.0OO over same week
last year. Jay Gould returned to the city day.
He denies the truth of rumOred projected cOnsoli-
datiOn or compromise with the Baltimore and
Ohio Telegraph Company.
viii no fol r1riae hi e