The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-04-17
FINANCIAL AND COMMERCIAL
honey AND STOCKS.


zEW YORK. April I6 -Noney-On call con.ia-
nes easy at 1sI1z per cent. Closing al per cent
Prime Mercantile Paper-sgo per cent.
Bar silver-l07L.
Forei<n Exchange Q1fet and firm at unchanged
sotauon' actual business i done az 4s59iS714.
Sale OF stocks to-day aggregated 2249i5 shares,
including the following: Delaware. Lackawanna
and Western, 1870; Lake Shore, II 800 North
western. 1890: New YCsK Central, $500: Pacific
Nail SO co., ST Paul. p 300 Union Pacific. $3.50.
and Western Union. 800.
Government bonds have continued quiet and
quotations steady. except for the 81 which are =
per cent. lower at 10l1z bid, an advance OF per
cent in quotation bid for Pacific Cs; there was
sale of the IS coupon at 1929
State Bonds-Quiet. but the Alsbamas show
slight advance in quotations. while Georgia IS
q shade lower
Railroad Bonds have been strong for majority
OF the Issues traded in with a well distributed
business.
ing with both bulls and bears selling the former
70 realize profits, and the early dealings were ac-
eompanled py declines lines OF = 70 q per cent In ms
FIRST hour the market became very dull and fnc-
tuations were limited 70 narrow range. hut
tendency toward lower prices. A little
more lie alter IL O'CLOCK was accompanied BY a
suoT OF strength but lost in latter part of the day.
and the market finally closed irregular at prices
thar from = TO "a per cent. un0er yesterday.
TIE announcement made during the day that the
Crnirel Pacific Railroad had not agreed 10 accept
the proposition embraced IN the resolution adopt
Ell uy the Pacific Mail Directors yesterday, to-
gesner with the statement by Mr. Huntington
thai ne did not think the resolution would be ec
cepted, was the only news to affect values Mr.
Huntington said. however. that the companies
were working hafmoniously at present and while
the Central Pacific had not been asked 10 extend
the subsidy to June. he thought extension
would granted II desired. The market EXHIBITS
strong uuoeftone and ressts attacks with Derslt
in the market and that IT is heavily ovefsold. Toe
only activity in to-day's market was developed
during the first two hOUrs, business
thereafter growing extremely duh the dag
advanced. Total sales were "a. 9l3 shares, which
Il lol COO less than yesterday, but c0nsiderab
larger than for several days preceding. The trad
ing in Union Pacific, Pacific Mail and Lacka ganna
continued TO be features OF the days dealings,
the sales oil which amounted TO about 55 Der cent
OF the days business. Union Pacific opened "a
lower at so declined TO 10 rallied to as
down to 4ota ana back 70 10 in the fnrenO n.
After II idday IL was less active at 4t5zGi715Gf7
loss OF = per cent. IL is slated that tne company
ment by paying s3l70-O cash and that its touna e
Is IS per cent greater than at this time last ya+r.
Pacific Mail was unchanged az Opeoilg at s. 9
from which IL fell 10 jf54. rallied TO So .
again at 49,, back TO So aud cl0-ed a. So Oss of
- per cent LsckaWanDa was prominent for is
weakness IN the forenoon; In ths afternoon e VA
very dull at decline of e. Other active stoc
followed listesSly in the wake OF those mentioned
Changers 6eir the next most active, with - Pau
tins evening = lower aud Northwest down :
per cent Western Mon Is also - lOwer,
CentIai OF New Jerey - Chicago. Buriny
ton and Quincy - and Rock Island -
The market cosed with the following prices bid: