The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-01-31
FINANCIAL And con iGRGIAL.
MONEY AND STOCKS.
ssv York Financial Market

EEw YORK. jan 30-Morey-Easy at Z9l
Per cent. closed offered at per cent
Prime Mercantile Paper 4 g5 per cent.
Slerling-Steady.
6overnments-Easier.
hallway Bonds Quiet and lower
State Securities-Qaiet.
The stock market with the exception OF frac-
tional reaction in early sales. strong and
higher. During the first hour OF business there
was advance OF = to per cent. The quota
tons reached were the highest of the day. and in
some cases the highest OF the week thus far. Lack
awanna sold up TO e01z. Delaware and Hudson to
~. New Jersey Central 10 So Lake Shore to slsE
New York Central TO $50. Manhattan nsolidated
TO 701z, Union Pacific " 90 and Western Union to
$50.
Coal stocks were fsvorably affected by the an
] ouncement that the agents of anthracite compa-
lies would meet to-day and consider the matter
OF sn sdvancs in prices Of coal. while the notice
of the withdrawal fIom the eos +bou nd pool OF the
Chicago and Grand 1runK Road ana the report
that the New York Central and Pennsylvania
Railroads would fix first class passenger rate
rate faom Chicago to New York at $40. gave
check to an upwaid movement in the general list
anu before the midday market il became weaker.
with q grsdual decline in prices almost TO the
close. Late in the afternoon rumors were circu-
lated that jay Gould was sa-iorsiy i'll. which led
Dan active selling movement thus acceleratipg the
decline. Just at the close ~ Was announced fr0m
III
ana In the final sales the market was so ne
what sieadier. The drop in prices from
tie best figures OF tie day RAGGED from
"a 10 as per cent Lackswanna and Cent al Pa
esnc made the greatest decline falling of to 21s
per cent TO SSh and 265z, respectively. ConsiG-
cradle pressure vas brought 10 bear against both
traders. In the remainder Of the list Delaware
and Hudson fell OFF IL TO 695z. Jersey Central IL
10 $50, Union Pacific Ia to 4sN, New York Gen.
tral q to SO, Northwestern 10 s9H, Pacific Mail
10 5S@, st. Paul IS 70 61%. Lake Shore "a 70 81
some stocks left of al the lowest figures and 9TH
eTs rallied 8 to u per cent. The active stocks
wanna lent chiefly at 1882 per cent, Illinois
Central and Missouri Pacific at 1-32, New York
Central ,640l 81, Union Pacific Lea, ard others
HAT 10 l-l2s per cent, compared with last nights
cspt for Northern fscihc. oregon Trsnscontinen-
al, and Reading, which are fractionsllv higher.
Illinois Central rose n to 1921. and declin ID to
1224. Sales were reported a. 12l12; seller, 90
oregon Navigation advanced l1s to 625z. and
cnned TO ~; Nashville and Chattanooga 2 to
IS, and Gan Francisco preferred a. to 35H. Fort
Wayne sold up n to 124la.
Transactions to-day aggregated 252, 900 shares,
OF which 10 600 were Central Pacific $1,000 Lscka.
wanna. 10000 Lake Shore, II, 900 Northwestern,
Union Pacific, i6. 600 Western Union.
The mining market Is moderately active and
generally firm. Standard Consolidated advanced
TO 9sc on sales OF 600 shares: Bulwer lower at l3.
and Consolidated California and Virginia, h.
Horn Silver firm at 3l5; Navajo, 165; Sierra Ne
40 seller 10. and Savage 100 seller TO- In the af-
ternoon Standard sold at 81 and 80 seller so Ply
mouth. l5s49lo7s; Lacrosse, 7@s@7, and Horn
Silver, So