The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-06-03
FINANCIAL and COMMERCIAL.
HONEY AND STOCKS.
Kew York FiaaoolaI Market.

Kew York Financial Market.
NEW YORK. June l.-Money-on call e&sy at !
Der cent.
Prime Mercantile Paper-4a5 per cent.
Foreign Exchange Quiet al 1909 for 90 days and
+, ass for demand.
The total sales of stocks to-day amounted
to.sSOs6 shares. Including Delaware Iackawanna
end Western, 1876 Kansas ana Texas, $500;
Lake Shore. $500; Louisville and Nashville, $780,
Northwestern, 2i4sO; New York Central. Il, sg7:
Pacific Mail 5,eSS: ST. Paul, 2s SOS; Union Pacific
20. go Western Union 6,O93; Northern Pacific
500.
Government Bonds-Quotations gre firm; the
and ~ per cents. showing the greatest strength.
Transactions have been light.
STATE Bonds-Eave been very dull.
The Railway Bond market was less active until
laie this sfternoon. and in most cases weak. the
tsts sales for the day were st4o5 90; but OF THIS
over So eco consisted of transactions in Erie sec
oDds, and S6l7 COO in Western Shore; $500 600 in
the last hour of business well distributed and
prices were somewhat better, but the closing quo
Iations are ofIener below than above last pre-
viOus sales. Erie seconds cOnsols sold down
to 451< in the forenoon. and we're comparatively
quiet until during the last hour, when they
rallied 10 465s. closing unchanged at that price.
The West Shore frsts were steady in the morning
and strong In the afternoon, closing with an al
vance OF y per cent. at 81 The stock market
has been more active to-day, but the increased
business was at the expense OF further decline
of the quotations for the most active stocks,
portion OF which, however. was recovered shortly
before O'Clock. The days business consisted of
only tour hours, the Board not opening until IL
O'Clock, which will be the case hereafter each
Monday duTing the summer months. Prices this
mofniug were generally = to - per cent lower
than the closing quotations last friday evening.
and considerable weakness was developed In early
dealings, the decline being led by Lsckawan1a.
The weakness deve. optd in this stock had a de-
pressing effect on the whole list, except Union
Pacific, which well supported Ia
tire. he other Gould stocks were not active. and
the loss in quotations was only small. Rene we'd
weakness was developed after midday in Lacka-
wanna, the stock selling before O'Clock at 995s
decline from last week OF 15s per cent After
O'Clock, however, the stock rallied TO 1919 sold
quickly to 1t05s, and then more slowly declined
10 1909 and closed at 10l%, which is = per cent
higher than Fridays cl ose. There was cOnsiderd-
bic strength developed in final dealings in North
wesr, which in the last hour from % to 925z,
and clesed shade lower. with loss OF * per
cent. st. Paul is down per cent, with other net
lssses from q TO y per cent. Union Pacific was
well supported all day. and did not ssil below
521z from which 1t raiiie1 to and closed tAe
opening price, while Pacific Mail dull and
heavy. About IS per cent of the day business
consisted OF trading IN Lsckawanna, 81. Pdul,
Northwest Union Pa.ifc end New YORK Contra,
the sales ranging from - 100 for the first TO 1890
for the last-meIi0ned siccks
The market closed with the iQlOWtQp prices bid.