The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-02-06
FINANCIAL AND COMMERCIAL
MONEY AND STOCKS.

usw York Financial Earksh
EsW YORK. Feb. 8. -Money-Easy at i9lh per
cent. closed offered at =
Prime Mercantile Paper -4g5 per cent.
Goyernmens-Active and quiet.
siate Securities-Q1ieL
The stock market opened strong this morning,
Further material advances was made for some OF
the most active stocks, notably Western Union.
Northwestern, Lsck2wanna and Manhattan L.
Prices continued firm until about 2 when the
leading bulls called q halt and thas checked the
rfse 70 comply with the earnest demands of prom
inent operators that q moderate reduction should
be permitted to take place. This caused an az
craze decline during the last hour of about per
cent iscon6dsntIy expected that the market
will be taken hold of again TO morrow and tae
sdyante continued. There is a large short inter
e. in Western Union. as shown By the facs that
there was a difference to day OF as much as "a Der
ceRt. between sales for cash under the rule and
transactions regular way. Lackawanna loaned
IN the forenoon 1T 64 aud New York Central
al l64 Brokers say good feeling is spreading
active. Unisn Pacific has been guiet recently
and 70 Is said the company Is not satisfied with
the funding bin now before Congress, and Gould
and Huntington are opposed TO &c in IT'S present
shape.
lhe market WAS less active to-day, especially
during the last hour, the total sales amounting
only 10 2J0,6 shares of which - so we're Laeks-
wanna, $3.50 ST. Paul. and % 00 Western UniOu.
afternoon.
Laekawanna closed this afternoon unchanged
from the final price yesterday t921z), alter
selling at 1919 New jersey Central is = Der cent.
higher at 2s5s Manhattan Consolidated = per
cent. higher az %. and Chicago, Baltimore and
Ohio. Reading eHd Missouri FacIfe each - per
cent higher a; 40. 1875 aud 90 respectively Erie
down = per cent. at II "a, New York Central r.
Union Pacific 20 and Rock Island l0gl4 arr eacn
= per cent lower, while Lske Shore shows de-
cine OF = per cent. at 615s Reports were freely
circulated during the day that the Erie Railway
wSSla have diaieulty IN meeting the interest
statements made found ready believers is in
ocaea oy me iact tnst Erie securities were active
ana materially lower. Erie gold seventies are
down "a per cent. at Ill. West shore hrsts also
1 per cent lower at S31z: New York. Chicago and
ton, Harrisburg and san Antonio frsts 3 Der
cent. at ga, and Elizabeth, Lexington and Big
sandy 6's - per cent al S51s
on the other hand, that are bought principally for
Investment account somewhat higher. 81.
Louis and Iron Mountain SIS up per cent.
ct ~; Houston and Texas Central seconds. main
line, per cent at 20: Wabash, ST. Louis and Pa
eifc. Chicago Division per cent: at "a: Louisville
aud Nashville New Orleans and Mobile Division.
"a per cent at 76. Northwestern tissues traded
in steady. except registered consolidated gold
bones, which are per cent. lower at l27, and of
81. Paul issues hrsts La Crosse DivisiOn) sold
ll75f and On cagO and Pacific Western DiviSion)
at yo5s. decline in each case of per cent white
hrSts wisconsin and Minnesota Dfyision) are
changed. Union Pacific fifsts were "a per cent
lower al lllH. and Central Pacific gold bonds 4
Transscuonf. 252. 900 shares: "A 600 Laekawanna
10000 Erie 1900 Lake shore 49, 90 NOrthwestsrn
1000 New York Central, s. 900 81. Paul, SO,OOO
western Onion.
GOVERNMENT SECURITIES
Sterling &C csys4ssIS o. 3 41<'s.-........ il2H
Sterling stgnt---.-.4So1z New q. 4s--......-.I3l
3 Per cent. oonds.....le2
EorB-The purchasing price for Government
binds In Indianapolis varies from the New Yovx
q