The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-30

View York Financial Market
NEs YORK, May 29.-Money-on call easy at l
per cent
Prime Mercantile Psper-495 per cent.
Foreign Exchange Dull at 1867 for 81 days and
5ss for demand.
The total sales OF stocks to-day amounted
10 lss 25s shares Including Delaware. Lackawanns
and Western, &c $50; Louisville ana Nashville,
s,s44 Lake Shore. 9.22O; New Jersey Central. go
Northwestern. 2os0O; New York Central. &c. l4l;
Pacific Nail, 6.l95; ST. Paul, 90. $50; Union Pacific
22s25; Western Union: 6.255 Northern Pacific pre-
ferred, 7.sS5.
Government Bonds have been quiet and steady
st unchanged quotations.
Quotations for State BINDS irregular some of
the Tennessees aud Ohios showing declines in
prices from to per cent, while Michigan rs are
higher.
ghe Railway Bond market continues cctive and
prices generally strong. Total sales to-day $1,000
0tO, en- increase over yesterday OF $4,000. To-
Gays business Erie second consols contributed
81 $4,000 The total sales during the past i've
days amounted to nearly SAC. 0Co. 900. increase
ever april of about sl2tCOO0o.
The Stock Exchange will be closed until IL
O'Clock en- sIondsy. President Harris, OF the
Northern recifc Company. says there IS ne truth
wbeiever in the statement recently made regard
ing the lease of the Oregon Railway ana Esvigs-
tlon. IN which IL was alleged the terms haG been
settled.
The stock market has been little more active
to-day. the total sales being rs 200 shares but of
this amount over GO cent. consisted OF traustc
lions in 81, Paul, Lackawanna Union Pacific.
Northwestern and New York Central liz which
ranged between so 900 and 10 QUO esc1. in
the order named. Prices were so ne what ifregl'
eecl'nes this evening. az compared with yes,er-
dsy, range from u to per cent. la eally trading
this morning there was drive male at the mar
ket, which reduced prices small fractions from
The opening quotations. but which was met In
short time by sustaining orders. The highest
Pint In the afternoon the market became very dull
with dropping tendency. but without any de-
cided breaks, which continued until O'Clock
when prices again yielded. The decline was
CT ecked shortly before O'clock and the market
closed steady rally of y 10 IA per cent. from
movement in the afternoon was ENCOURAGED By
news from the West that the ST. Paul had given
notice OF its withdrawal from the Colorado and
Utsh pool, and tsat there was tOubie between
other lines belonging TO the pools recently estab-
l,shed between Chicago and the far West. II.
Paul was especially weak on this account, and
shows loss OF 5 per cent from last evening.
The announcement this morning that the prop
osition OF the B. and O.. so far as the New jersey
Cen raj is coneerner. is simply q working arrange
ment bv which the B. and o. is to secure entrance
into New York over the Jersey Central lines. bet
on The bonded stock OF the latter is conemplat ID
had depressing effect on the stock, which closed
Pacific Mai. Union Pacific and Western Union
were among the strongest stocks on the active list,
yielding in the final quotations only Il TO q
Comparing prices this evening with the closing
quotations last Saturday, almost everything
the active list is lower tue declines ranging from
fraction to szg per cent, the latter for Lack
wanna. but Union Pacific per cent. and others
for small frsctiops
transactions for five days this week. 1918
share against 1,03S COO last week.
Lake shore shows loss OF "a par cent: New
York Central, rs; Lackawanna. 81; Detawars
Northwestern,. 81: ana others on the active iist
smaller fractions for the month.