The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-21
FEELING ON CHANGE.
The Warlike RumOrs and Decline in
Consols Cause a Sharp Advance.
A Rush Of Buyers Results in the June OPP
tiOn Advancing Two Cents over Saturday
No Marked Change in Provisions
MONEY AND STOCKS.

&he New York Market Opens Irregular, but
Closes Steady at a Slight Advance.
New YORK, April 20-Money call con-
tinues at al per cent, closing at per cent
Prime mercantile paper 405 per cent
Bar silver, 81 OH
Foreign exchange is quiet and unchanged at
1885, and 1851.
The sales Of stocks to-day aggregated 234, 636
shares, including the following: Delaware,
Iackawanna g. Western, &c, 700; Lake Shore,
II,0oO Northwestern, 10000; Pacific Mail. 16,
100; st. Paul. 69. 200; Union Pacific, Al, 900.
Government bonds are strong at unchanged
quotations. There were sales of the four-and-a
half per cent. coupons at 1124, and of tours at
12ls0122
State bonds received some attention this after
noon and prices were strong. the sales including
Missouri SKIES, 1885, at 104s Tennessee compro-
mise bonds sold at sd 054ss, and North Caro-
lima tax at 4a5.
The railway bond market was comparatively
quiet but the business done was not we'll dis
tributed, there being no instances in which the
total sales foot up any considerable sum. The
stock market was irregular atthe opening this
morning but immediately developed consider
able strength and prices continued strong
throughout the forenoon for everything
on the acLlyo ilSL. except St. Paui.
Reports were circulated that rates West had been
heavily cut, and from that time to the close the
market was flooded with conflicting rumors in
regard to the situation. 1t was admitted, how
ever, that the freight business between Chicago
and Council Bluffs was thoroughly demoralized.
The weakness in the grangers soon extended to
the remainder of the list, but the declines which
followed were only fractional amounts. Support
again came from the friends of the different
stocks, and they were aided in bring
ing about reaction by dispatches
from Europe stating that the Russian gov
eminent had greatly increased its demands in
regard to the Afghan boundary, and that the
outlook for war was again much more threaten
ing The recovery was sufficient to, carry prices
of nearly all active stock above the opening
quotations, and the market finally closed about
steady, at an advance of to per cent for the
most active although st. Paul is up only and
LackawanBa lost ]. All the Gould stocks, except,
Manhattan consolidated, are to higher than
they closed last week, while Union Pacific shows
gain of Il. 1t is stated that all the ltigations
connected with the Missouri Pacific properties
were settled to-day. The total sales foot up
234, BAG shares, but Of this business Al per cent
consisted of trading in ST Paul and Union Pacific
while ~ per cent. of the day s business was made
mp of transactions OF the two stocks mentioned,
and Lackwanna, Northwestern, Pacific Mail
and Lake Shore The Vanderbits were very
quiet, and show fractional gains this evening.
Lackawanna remained about steady in the fore
noon, broke in the afternoon, and was quiet in
she last hour at los a 1868. Pacific Mail assumed
asecondary place in the list in the forenoon. At
the general break later in the day, it fell. or 3
per cent, but closed at a gain of per cent.
There sales of nearly 20, 600 shares of
Green Bay Winona and St Paul stock, from
81 up to A.
The market closed with the following prices
mid.