The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-25
FINANCIAL And COMMERCIAL.
HONEY AND STOCKS.

NEW FORK. May 2s.-Noney-Onc call easy at ~
Per cent
Prime Mercantile Paper-05 pei cent.
Foreign Exchange-Quiet at 1851 for sixty days
and 4ssE for demand.
The total sales of stock to-day were 13f.557
shares including Delaware. Lackawanna and West
ern, 1910; Lake Shore. 10000: Louisville and
Nashville. 1000; Northwestern, 5.2D; New Jersey
Central. 6.7sO; New York Central. 1883; Pacific
Nail. l2255: st. Paul. l2lso; Union Pacific, 2i275.
and Western Union. 1850
There is no change in quotations OF Government
bonds, which have been quiet.
State bonds are strong, showing in many cases
an advance OF to per cent in quotations.
There was a sale of North Carolina consos at III.
The railroad market las been quite active this
afternoon, and prices generally strong, although
Erie second. in which there has been large bust
The stock market has been dull but strong all
day. Prices at the opening were generally Is to Il
higher than they closed yesterday, from which
there was q further advance OF small fractions
followed by slight reaction in which the early
gains were lost and then very 9uis, market With
somewhat vague. idea was developed
were to be restored. upon which the
market advanced somewhat, reacning the highest
last hour there was moderate reaction. and the
closing prices are generally H95s below the high
est figures, but IgH above the hrst quotations.
statement that the total sales were is 00l shares.
The only stock that showed any activity
Union Pacific, the dealings in which, however,
amounted to only "a GOO shares. In no other case
did the transactions equal IA 900 sha es.
cen,, rae xb;cb rose TO after selnr in s
morning at SO, and closed WITH a gain OF per
cent al S74 on small sales. Consolidated Gas il
also ur per cent. at So. and Manhattan consoli-
dated rs at e65s Among the active stocks those
which developed the most strength were Western
So DaDrR o zln.l loex
which close at the highest quotstions reached.
The grangers were only steady. Vanderbits We're
dispatch received from Boston this afternoon
and circulated here says that the statement that
the Union Pacific had TO borrow $500 600 70 pay its
May interest is without the slightest foundation
The correspondence between Mr.. Gould aud the
the day. and IL discloses the fact that most of
the companies were willing to restore rates.
providing that they can be satisfied that they will
Be maintained when restored, and that other
minor points shall be conceded. The final answer
received beiore the closing OF the Stock Exchsuge
decided increase of the surplus revenue, inspires
ability not only to maintain. but gradually. to
advance quotations of their private stocks and the
fact investment holders OF securities are not
throwing them upon the market at present quo.
tations Is discomhting 10 the bears. The bulls
claim, however, that leading bears have liqui
dated any considerable uortiOn OF their short
interest. There is very good borrowing de-
mand, though rates are generally easy.
1t is believed there has been consider
where they can be obtained more easily
than here. Ii was announced late this afternoon
the Rock Islaod statement recently published was
In some respects incorrect as complete returns
have not yet been forwarded TO this city. The
statement as published was only approximate.
In comparing prices this evening with last Satur.
day, the changes are generally for fractional
eu an cep1a Of P Pe Me
Ia; and Western Union. RS. The total sales this
week have been 1.063 500 shares, decrease of
S7S,Co0 sharea from last week.
Railway bonds continue comparatively active
especially when the present condition OF the
stock mar ket is considered. The sales to-day were
S,221 .0op. decrease from yesterday OF S535,00)
but the falling off was due principally to the re-
duced trading in Erie seconds; new. Prices this
evening generally show only slight changes
from the last previous quotation, but
the market in the afternoon strong
showing good investment demand. The only
changes of Importance were the advance of % In
in the G B. and @. debenture fves to 1005s: AL
bauy and SusquehaDa first consolidated at
Il 81 aeui lake Erie sns Western as' frst
at 65sz Metropolitan Elevated seconds. IA at 10l;
NJ. X. and 7. general consolidated 6s. at 57l
New York Elevated frsts, at 12lEa; Nickel Plate
and the registered IS, IA at ssK. There was de-
cline of per cent. in the Chesapeake and Ohio 6s
series, coupon of, at GO; and the Chicago, Bur.
lington and Quincy, Iowa division, Is AR are
New Orleans and Mobile irsts at 81, and the South
North Alabama sinking fund skies at So; Metro.
politan Elevated Railroad first at 112%; West
first Ct M Missouri Peo1a an st %seln
first at r. and Toledo aud wabash second, ex-
tended "a at 90L The total sales for the week
were COL. Geo. an increase over the last week OF
Sail 90. n
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