The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-05-20
FINANCIAL AND COMMERCIAL.
MONEY AND STOCKS.
New York Financial Market.
w YORK. May 1S.-Aopey-On call essy at

New York Financial Market.
NEW YORK. May 1s.-Aopey-On call essy at
per cent.
Prime Mercantile Psper-95 per cent.
Foreign Exchsnge-Qsiet at 1861 for 60 days
and 1851 for short sight.
The total sales of stocks to-day were 342,1s5
shares, including Delaware. Lackawanua and
Western, 545o0i Lake Shore 16 795; Louisville and
Nashville, p, AIS Northwestern, l0,SS5: New York
Central, sO.51O Pacific Mail. 2s.4lo St. Paul. 1880;
Union Pacific, $685. Western Union, Is, $40; Ore
gon Transcontnental l1,C0O
Government bonds are quiet at unchanged quo
tations except an advance of in the fours and
decline Of y on the currency SKIES.
State bonds are steady. with sales of North Caro-
lima tax at ga and Nerth Carolina consolidated
iours at S71z.
The stock market has been unusually active. at
times feverish, ana somewhat irregular
to day. With few excep tons the prices this
morning were Is to = per ent. higher than they
closed Oh Saturday, which was Immediately sue
cetded by decline of small fractions throughout
the list, but alter fifteen minutes rally was
started which continued until midday. The
highest prices we're generally reached about L
O'Clock. The MARKET then graoualIy weakened.
and continued until the last hour, when II
weakened materially, and finally closed weak at
IRREGULAR prices ns compared with Saturday even
Jug While this was the general course OF
the market, some of the leading stocks furnished
pTomfpent exceptions New York Central was
weak all day, selling down in the morning to $50,
from which II ralli ed Dy noon per cent, and
then broke to SS4 before 2 O'Clock. In the last
hour il was steady at the decline: and closed with
p net loss Of = per cent Most OF tho active stocks
truched their highest prices about roon, but
cent. and While the remainder Of the market "a
was resting ct the advance, IL rose in very
lsr purchases to 5414. There was an advance of
Is per cent. in the opening price OF Lack wanna
Nc 1885 and il rose IN the forenoon per cent and
renamed about steady until snordy before
O'CLOCK when IL yielded fraction and closed with
an advance of per cent al 1857, or gain as CON-
pared with the opening OF Is per cent Mestesn
Union was especially prominent for its strength
The Bankers and Merchants Telegraph Company
is 10 have new receiver. Pacific Mail and Cnica-
go. Burlington and Quincy are up y per cent ore
Consolidated Gas 8 per cent. Northwest
aud Louisville and Nashville are down each Il and
Oregon TrsDseontinenIal IS while Lake Shore is
uncnanged. The total safes were 3l2 900 shares,
which is the largest days business for month
past: but OF this amount Union Pacific, LacSa-
wanna and ST. Paul contributed nearly 90 per cent
The break this afternoon was due in part To the
realizing by s)me o. the N Drning bulls suc0 as
are always ready TO take small profit. Some OF
the small! shorts rave also covered put the leading
bulbs claim that the large bears have increased
their short Interest; that there are fully as many
stocks on the short side OF the market at present
at any time recently. The bulls insist thai tue
feeling is spres ding teat prices are very near boz
now on, though slight reactions will. OF course,
occur. st Paul at one time was up TO 7U15. but IL
broke on the publication OF the report Tor the
second week OF May, showing a loss as compared
with the corresponding week last year. OF 81 SOL.
Northwestern is down = per cent, although the
weekly statement shows a loss of only 1902
The bond market has been very active, tue total
sales amounting 10 81 l22, co. but of this husn
over g. 0cO COO consisted OF transactions in Erie
seconds new, which we're extremely active b.
tween u and O'Clock. and decidedly weak, sell
ing down from - 10 JO}s. In the last hour they
were less active, closing at the quota
ton last mentioned. The most OF the
list, however, show considerable gains. Atlantic
ana Pacific Western Division frs:s are up e. at
T215; Central Iowa Eastern Division rsts. l. at
as Chesapt axe and Ohio Ga. series B. Ia. TT 6l St
Paul. Chicago and Pacific Western Division 6s, -
1T IL; ChicsgO and Pacific Western s., n az 9s
Wisconsin and Minnesota division S. ~, at 81.
aud the terminal IS, -, at SO; Morris and Essex
first (consoD rs, "a. at 127; Denver and Rio Grande
fir-ts, 2, at IL and the frsts (consoD, Il. at 55s;
Louisville and Nashville Cecilian Branch IS >. ~
100. the general IS, III, at 97. and the 1040 6s "a,
at 1871: Lake Erie aud Western frsts IL, az 66h;
Nickel Pate rsts. - at 10 :, aad the West Shore
fists, a, at S0l{ Union Pacific sinking funds 10,
Of 120: 81 Lonis and Iron Mountain seconds. IL
ut 1857 and the general leo lso) S. a. at 7l54 the
Colorado Coal and Iron Go, l. al IS.