The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-02-10
FINANCIAL AND COMMERCIAL.
MONEY AND STOCKS.
p.v Yors Financial zarnsa

NEW YORK. Feb 9--Honey-Easy st per
cent
frne Mercantile Paper -4@5 per cent.
t.sverr meDts-Dun but strong
stste acknowledgement.
The STOCK market opened strong this morning
for shares active list. soon yielded
10 vigorous selling by he bears, accompanied py
nnfs,oTanle rumors. AID the prices continued
~e-s, with tendency 10 decline, till about2
oe'osf when decided rally in Isckawanna
tunnel the tide. End the upward movement was
well maintained I'll the close of the Board The
result OF the days operations is 10 leave prices
irr golariy changed from Saturdays closing
figures, with Union Pacific the most prominent
among those showing a gain. estern Union aud
Manhattan Consolidated suffered but little from
the general weakness In the middle OF the day,
while they main tanned their strength in the last
honr and closed At about he highest prices that
were reached. Lackswanua continues to lead the
best in the amount OF business. In the morning
the price broke from $50 to 9ix and after rally
ing to o51z. again sold down 10 90, from which
price IL rose rapidly early ia the last hour to $50
broke again to 951s, end closed finally at 65%
net gain OF - per cent The afternoon rally was
accompanied by The announcement tnaE one
of the leading coal companies had already
exc eded It's quota for tue month aud
ltai there very pressing demand
for stove coa,. wh.ch could not be supplied i'm
medistely one OF the companies bidding as mnch
as 81 .Oa2 IS for a large amount Of that size de-
hyered on cars az the breakers. without being
able TO secure toe coal Delaware and Hudson
Wa inactive. and closed per cent lower at 1872,
and New Jersey Central - down - per cent. at
$50. after hucusting between 375z9@N New
y per cent lower, and at no time did they sell
eONn to opening prices, which were the clio ling
nniavorsbIy by rumors in regard TO the
Nickel Plate: and at one time showed a decline
per cent Union Pacific, which was one of the
the greatest strength to-day by opening 4 per
cent. higher at 491Z. from which II did not yield
er Than Saturday al 5o5 on sales Of "a 100 shares
Western Union is also up u at 62%, and Manhat-
ian Consolidated shows equal gain at "a. Com
~, while Northwestern is per cent
OF The bond market was the heavy decline
in New YORK. Chicago and 81. Louis (Nckle Plate)
first. which opened OF per cent. at IS, and rap
idiv declined to IS, with large transactions. Trad
ing was accompanied by many rUmors, including
one that the company would probably default on
The payment OF the interest on the second mort
gage bonds on March /, ana another that the bonds
sold came from the Metropolitan Bank or Clear
ing House. When the Sumors were denied aud
in The general strengthening of the stock market,
the bonds rallied 10 S415. q net decline fro n
Saturday of "a per cent Thursday last they closed
at 90 Toere was considerable business done
in Erie seconds. New YORK at 5i1s952S closing q.
5312 decline OF - per cent. was well distrib-
prices of which were irregular but generally
higher; Ohio and Mississippi consol IS went doSn
IA per NtHt ~ liotQ. hUu eeCOUOs per cent. NJ
109 Onion Pacific fists ~ per cent at 1ll1s aud
the sinking funds = per cent. higher az 1lS1s
bousl on land Texas Central frss. main line.
were up per cent. az 81 coupon of, aud some of
the western division down J per ce1t.
at 60 while seconds OF the main
line are per cent. higher at IS.
81. Louis and Iron Mountain. Cairo Arkansas and
Texas, hrsts gained "a per cent, at 10i;
while Missouri. Kansas ana Texas general 6's at
G. per cent are i per cent. higher; CONSOLIDATED
rs st sl01s4 per cent and general SIS st 52%
per cent. higher; also ambulance Of IL per
cent. in New York; Csntlai extended aad SIS,
at los, per cent In Canada Southern 2s at
50 per clnt 81. Louis and Nashville general 6's
gained i per cent. 81 S., and Consolidated
Ts at 1171s aud New Orleans and Mo-
bile Division bonds at IS are unchs1g-
ed St. Paul consols at lit are l per
cent lower, while Is II. and ID. Division are up
u per cent. at 11Sz and CHICAGO and
Pacific Western Division. u per cent. at 90
Transactions. 333. 900 shares. 6S 700 Lackawanna,
22oO0 Lake Shore, 22C00 North western, II coo New
York Central. q. 600 ST. Paul, 81 0cO Union Pa
cifc and 10000 Western Union.
The mining markets were quiet during the
forenoon and prices firm. Sales included B as
sick at S209295 Kossuth, g. Green Mountain, 20:
Horn Silver. 275; Martin White, 10; Consolidated
California and Virginia IS. and standard (dfty
shaTesl at leo. Opening sales OF shares this after
noon were: Bulwer, 29 Horn silver. $50: Ply
mouth, l55S Albion 9, Standard, 100. Alice. 100;
Baselck, SEQ.
GOVERNMENT SECURITIES