The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-02-05
FINANCIAL And COMMERCIAL.
MONEY AND STOCKS.
new xors Financial zarssa

Sew gork Financial EarksA
EEv YORK Feb. 1. -Noney-Easy st l9IH per
ont
Frlre Mercantile Psper-s95 per cent.
SoyeTnments-Firm
rate securities-Q1iet
The stock market was again strong ia is morning,
bat sold OF traction during the middle OF the
day, and again strong and advancing in the after
noon while the business done was the largest re-
ToTtsd for some time. assregating S37.sl9 shares.
OF this amount Lackawanna contributed 1o5.345
shares, st. Paul SIS. and North western 39,5S7.
making total for these three stocks OF over 60 per
ceat OF the days business.
Complaint was made that deliveries OF stocks
were very slow, whish happens only when short
interest Is very large II Is stated that the boz
owing demand was greater than at any period
during the last ninety days. Lackawanna
was loaned for = per cent. and most
business done at Ills 10 80, and New York Cen.
trail at I-64 and 1S2 II is again reported there is
considerable probability of a settlement between
West Shore and New York Central. The settle
ment win have decidedly stimulating effect on
the market. Under the influence OF bear raid
during the middle of the day Lackawanus sold
down from 921S, at which it opened. to slA, but
recovered all its loss in the afternoon selling up
To o25k. and closing = per cent higher than yes
teTdsy, at s2Z The banking house OF Drsx-i
MCr9sn 4 CO just had 20 COO shares OF Lacka wan ma
uansitrfed into tue ooo,s of tue cJmD any on
their name. 81. Paul and North western RESPONDED
10 favorable reports oil enoru01s tonnage
bsiDg offered 10 railroads throughout the
West and Northwest and established
decided gains IN quotations. ST. Paul sold Up TO
13Z against II s. al one time yesterday ana osed
a. ~. preferred sained per cent at le5 and
ing al 81 Long Island up * a. 1922 Pacific
Mail q at s55E after touching 555f Erie recovered
= at i21. and Central Pacific y. 1t is announced
that the Wabash REORGANIZATION is making tavora.
bic pr0erees and that all conflicting interests are
likely 70 become reconciled within few days
Among the stocks which show declines OF small
fractionsare Louisville and Nashville, No. Paclde
Reading. Jersey Ceatral, and Delaware aud Hud-
con. Bears continue TO food the streets with
Iunors OF fresh cutting rates aud Gemoralizing
legislation but the temper OF the street is against
with the increased activity in the stecK Market
and prices are also higher ia a majority OF cases
Erie seconds, new. show gain OF y per cent. at
5Sts. but hey were less active than the past two
or three days Western Shore firsts. weak, selling
down 10 34H, decline OF "a per cent. Rome
Natertown and Ogdensburg hyes, advanced
Trust skies, iss per cent to IS, while Erie
seconds, mortgages, are per cent higher thaa
last previous sales at los. O., b. and
@ debeniufe IS unchanged al 971S, and Is up
- a. 1907. There was trading IN New jersey
convertible sskented at IS. adjustment bo11s a,
1O3 and hrsts OF 1890 coupon of at 109 which we're
unchanged from last previous Gu citations. T0ledO
aud Wabash hrsts were = per cent. higher at loo,
and Fast Tennessee incomes and fret cOnsol SIS
each show gain OF = Per cent. at ia and AZ re-
specliyely. There Was a decline OF per cent. in
Cleveland and Pittsburg fourths at los. IA per
cent IN Central Iowa frsts at 90 coupon OIL, and
= Per cent IN Northern Paeafc frsts at 1907
Among the Transactions were 10 900 Erie, Z3.CO0
Lake shore, 1900 Northwestern. Il. OC0 New York
Central, Go coo ST. Paul, 1890 Union Pacific. o.
Geo western Union.
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