The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-02
COMMERCE. OF THE COUNTRY
Dullness, with Small Fluctuations, in
the New York Stock Market.
Fair Degree of Activity in the Produce
and Provision Markets, but No Marked
Changes in Prices.
MONEY AND STOCKS.

ne New York Market Continues Dull, with
Narrow Fluctuations.
NEW YORK, April Money on call is easy at
per cent, closing at 1.
Prime mercantile paper, 405 per cent
Bar silver, $106a.
Foreign exchange is very dull. There was no
steamer leaving to-day The postal rates are
1861 and 4SS; quotations for actual business are
lS4s and 486s
Government bonds are quiet at unchanged
quotations, except an advance of per cent in
The thrces which are 1O1 bid ex. interest
State bonds are very dull, and quotations show
only slight changes, if any.
The stock market continues extremely dull.
The total sales to-day were 100, $50 shares, which
Ii an increase over yesterday of about 30, 600
shares but this increase was confined to a single
stock--Paciic Mail-the transactions in which
foot up 54,970 shares, against Ia, GOO yesterday.
In no other stock did the transactions foot up
to as much as rs 900 shares Tho general
market opened strong, first prices showing in
nearly every case gain of to per cent,
while Central Pacific was up % per cent, and
during the first hour there were further advances
made in the active list. This was followed
by extreme dnllness and only slight
after l o'clock. 1t was announced that the
Pacific mail steamer Colon had been burned by
the insurgents on the Isthmus. and the price of
that stock. which had opened at 81 and sold
early up to 52!s, declined in the afternoon to 90
Shortly before the close of the board it became
known that it was the city of Colon, and not
the steamer that had been burned, and notwith-
standing the fact that the steamship companys
agent has given notice that no more freight
should be shipped to the isthmus at present. and
A1a4 .eo Hn1 hxvk 80 IF fhn
pany that the situation on the isthmus is seri-
Gus, the stock rallied to 50s at which figure it
closed-a net loss for the day oe II per cent.
Negotiations are now in progress looking to an
adjustment of the differences between the Pacific
Mail Company and the Pacific railroads, and
daily conferences are being held Nothing def
mite, however, has yet been settled. Central
Pacific advanced per cent from the opening to
80 early in the day, yielded fraction, then re-
NAMED steady until after 1 o'clock, when it
eeld down to BIG, and closed at that price--a
gain. as compared with last evening, of Ii per
cent. Union Pacific was heavy at the opening,
but rallied to 43s, then declined to All, and
closed per cent. iower-at Al The Wander
bits were quiet, and New York Central
is per cent higher, at 89t,
with extreme fluctuations of per cent,
and Lake Shore is lower, at 59a, after fuctua
tons of Just per cent There was an effort to
rally Central of New Jersey in the morning, and
the stock sold up to 32s but broke in the after
noon to 81, and closed lower, at 3l5. No
other stocks on the list than those above men
toned fiuctuated as much as per cent, and in
most cases the closing quotations are shade
higher than the opening. Northwestern,
after fluctuations of only ) per cent,
closed at 81, the lowest price of the
day, and a gain of over last evening.
while St Paul is up ; per cent, at TO- the lowest
quotation reached, after lamentations of only
per cent. Friends of Mr. Gould say they do not
expect him to take any active part in the market
he, oil ~h.h1x Oh $3.50 ~,
Europe in his yacht at an early date.
OF the total of the stock transactions to-day,
II, 600 shares were Central Pacific 15, 900 Lacka
wanna, $4,000 Lake Shore, 17,000 Northwestern,
II, 600 New York Central, So, 900 Pacific Mail,
Western Union.
The market closed with the following prices
bid: