The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-04-11
FINANCIAL AND COMMERCIAL.
MONEY AND STOCKS.


uFw YORK, April io-Money-on call contin-
mes easy At per cent. Closing al per cent
Prime Mercantile Paper-4g5 per cent.
Bar sliver-lc65<.
Foreign Ezchange-Is quiet and steady At IN.
changed quotations; actual business is done at
4ss5<94ses4-
Government Bonds-Are quiet but frm a; M
changed quotations.
State secIrfJes-slow. . little more activity,
with pri.s firm. except for Tennexees, which are
heavy.
Railroad bonds have been active and prices gen
orally maintain
The stock market continues subject to the lates,
Eur pean war news. The opening prices to-day
were generally from = to y per cent lower on
account OF a general impression that the outlook
for peaceful solution OF the difficulties between
England and Russia were more favorable and the
advance in London OF the price Of British consois.
Some activity was developed by effort on the
part of the spectators. who saw profit in the
current quotations to realize, but after the first
hour the market became very dull, and nuctu-
atoms were generally within extremely narrow
limits. Lake Shore and Union Pacific were pressed
for sale, however, and the tendency OF the other
comparatively active stocks 20 fnd slightly
lower quotations, which continued until shortly
before O'Clock, when q slight rally occurred and
The market closed dull and steady at quotations.
which, in most cases are TO n per cent. higher
than the Lowest of the day. To this, however
there were several exceptions in which the lowest
Of the hnal figures are the same. There is prev
alent belief that the troubles between England
and Russia will assume more definite shape in
very short time, and IA the meantime specula-
tors are simply waiting. Although the street Is
much divided as 20 the ultimate effect OF war be-
tween those countries upon our securieties for
the time being Deligerent news is hailed 81
surance for a general advance in prices, not only
of the better class OF railroad securities but Also
the products OF our soil, and of many msnufac-
tured articles. while reports OF peaceful charac-
ter tend to drive the market back into the rut
in which IL has been running for so long a time.
The sales to-day were only l56 600 snares,
decrease from yesterday OF l63 100 shares. and OF
tc-day's business AZ per cent. consisted in trans
actions in Lake shore, Lackawanna and North
western De no other stock did the total sales
amount to as much as $1,000. Lake shore opened
ri 6y1s. and after selling st b9ts broke in the
morning 70 So After midday drive was made at
this stock, which depressed the price to 5S3z but
In the last hOur there was a rally on a limited
business 10 ISIS net decline as compared to last
evening OF q per cent Union Pacific was also
which opened at 43A and touched IS in the morn
iug. fell to 42A. In the final rally. however it
rose 10 ga and closed at +25s loss OF per cent
Laekawanna sold from LOG down IN 1919 aud
closed at los, a decline OF per cent c.. b. and @.
Is Ia per cent. lower At III and Louisville ana
Nashville IL I per cent lower ~ 301s.
The losses for the remainder OF the list are less
than per cent. The Executive Committee of the
Oregon Railway and Navigation Company mes de-
cent quarterly, but IN view OF the snow ana ice
PREVAILING aIoDg the line OF the road during the
winter. the resolution recommends payment be
made one month later than usual.
transactions TO-DAY 156 000 shares OF which
were Lscxswanna $500. Lake Shore $4,000, North
western 2 go New York Central llCo0. Pacific
Western Union 6,0Oe
The market closed with the following prices bid: