The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-05-06
FINANCIAL lND COMMERCIAL.
MONEY AND STOCKS.

Foreign Exchange-Bull, actual business being
done at 4S6 for sixty days and ass for short sight
The sales OF stock to-day aggregated 295.472
shares including the following: Delaware, Lack
awanna and Western, IS. $40 shares Delaware and
Hudson. 1900 shares; Erie. 1900 shares; Kansas
and Texas 600 shares; Northwestern, 40e snsres5
New York Central, $1,000 shsres Pacific Neil. D.
eco shares: st. Paul. So $50 shares; Union Pacific
"a zoo shares: western Union s.40C shares; North
ern Pacific preferred 1000 shares.
Government Bonds-Are unchanged in quota
tions, except advance in the per cents to
1922 There we're sales OF the coupon As al l2l5S.
State Securities Have been Quiet.
This has been the most active day on the Et0ck
Exchange since the middle CT April. The total
sales were 2s5,4ss shares. The market was weak
and more active at the opening, aud with the
ception OF check In the decline after the Grst
heur. it continued persistently weak. slowly de-
Ginning throughout the day, the final quotations
reached. All the active stocks show very decided
declines, the prices this evening being rom 10 3
tradIoc' however was confned priocipeIIy to
seven stocks, in which the business ranged be-
tween S. 500 and q 200 shares and the tola trans
s sGsfea. on nearly peT S' cent of the
days business. These snsres we're 1ackaTRnna,
ST. Paul New YORK Central Northwestern, Lake
shore Union Pacific aud P&eise Mail in the order
Il rsr cent. lower than the closing ouot4rions on
saturday, ami the decline OF toe first hour
amounted 10 as much ss y 10 ] per cent The
early decline was facilitated by the European war
news, which was of decidedly peaceful character,
with an advance OF yer cent III British c0nsOls
from the prices prevailing last week whenever the
was eSecked after the first hour. and the arxet
became dull and firner. But by midday IL WAS
sgsin weak and without any sudden break 1t
s sspcHs tSsonGSeas sRe sfseTboou Go0
siderable activity was displayed in
The lsst hour during which the sales amounted to
1x-a~G fr nvp n n n AZ tai
trading. lhe tenei on the street this evening is
that some OF the leading bear operators nave bean
heavy sellers throughout the day. although the
pears claim that toe bulls have been Stesdiiy I'M
Trading, while there were damaging ruROrs
afio6t concerning speculative Gestures.
The GouldktOcSs we're generally well supported.
and this was equally tue of the grausers, unll
later in the afternoon, when tney also yielded.
especially Pacific Mail. which ell 20 o., and closed
with a loss OF per cent. at $50 Lake Snors Is
down IS, Michigan Central 3, Northwestern ana
Omaha preferred each ~ LIcEawaans as. New
York q ntrsI and Manhattan Consolidated each
IL 81. Paul1Is Unioa Pac hc and Read .ug eacG y.
The remsinoST of the sctive lists seOE smaller
shows q gain is Consolidated Gas. watch is up
per cent. An tue Erie securities were weak, aud
the common stock shows 2 loss OF Is per cent
AmOne the carly statements was one that 8 Re-
eeiyer was 10 be- appointed tomorrow Tor the Erie.
The company Is having fight with the ChicAg0
and Atlantic, The Erie extension 70 chicago, the
interest On the frs: mortgage bonds OF wGien was
not paid either November noe May I, the present.
n management claiming that tae agreement to cav
this interest Illegal. IL j. believed the Cal
csR0 ana Allan ic will sue the Erie Company, aud
the statement is made that The OriginSl agree
OF tire Erie a1d tho New York, Penusyivanis
aud Ohio 1.-THE old A. aud u. w ON all business
to ara from the Chicago and Atlantic The
amount OF the bonds is s. 500,001 The bulls
claim this evening that all the large bear operators
have been heavy sellers OF stocks throughout the
day, and that the short insIerest Is now so large
tasi any movement on the part of the bulls would
cause very decided advance IN prices The
claim that there is very little long stock TO be
shaken out D. the rozc, which has been made es
pecislly curing the afternoon, but that the lead
ing bulls are buying on a scale downward. There
were few sales to.dsy for the account, the FIST
trading IN this way ON the New York Excnanse.
The total in railroad bonds today show
an Gctive market. the sales amounting
70 S,s10o0 an increase over Ssiurdav's
business OF Is 0JO shares. but the sale OF Ede
onds alone were 81 267 0O0. leaving only 900
for the remainder OF the list traded in. There was
eept little trading in the Nickel Plate f-sts a11
Vest Shore frsis, the former OF which developed
was slowly downwards, corresponding with the
quotations in stocks The bonds opened 5Sls
sold immediately at 5S14 and in the afternoon feli
TO 5lA. at which they closed. Among the other
declines were the Atlantic and Pacific (Western
Diyision), which are down 4 at 5lH: Chesapeake
and Ohio 6s series B. at CO East Ten
nestee Virginia and Georgia nrsts cousol
"a at 4f1S Erie frsts consol, az 1877; Galveston,
Harrisburg and san Antonio western D!vlslon)
Drsts, "a at 90: Louisville and Nashville. New Or
leans and Mobiles Is, q at 6s; Metropolitan Ee-
waited 2s,$z at $50 Michigan Central hrst'i at Us;
MtFEouIi, Kansas and Texas general 5's. g. $50:
West Shore frsts. = at 29 Northern Pacific neral
Gs registered. "a at 1913: Norfolk and Western
general SIS. y at III: Missouri Pacific SIS, as at
1le1S; Texas and Pacific income land grants. u
at sd. Texas and Rio Grande 6s coupon OF, at
81; 81. Paul, Minneapolis and Manitoba Is, Dakota
extension, 3 Ct ITO. and Rome, Waiertewn and
0gdensburs Income 5,s. "a at SO st. Paul e,
MiKR1lCe aud Lacrosse division are up Ia
OF lf91s. LaekawSnna rs q al 1885, Delaware and
Hudson Canal irsts, registered y az lis. Lonls-
vile. New Albany and Chicago frsts l at 90 New
York Central s9d Hudson frsts: registered, Ia at
ls6, Southern Pacific OF California frsts a at 9IR
st. Paul. NJ. and NJ. frsts y at III. Union Pacific
frsts are unchanged 11ls4 1t is stated that the
the bonds which ii holds in the treasury. with
which IT will pay of the net floating debt and re-
sumo dividends in July: also that the com Dany Il
earning more than per cent on its stock. and
the outlook is very promising for a large business
this year.
The market closed with the following prices bid
srer cent bonds-lo25zi louisville q Mash. 2S5s