The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-02-21
FINANCIAL and COMMERCIAL.
MONEY AND STOCKS.
z.~ York rinansisi zarxs,.


HEw YORK. FAB 20 -xc-ey-1az Per cent;
ciosed 81 - per cent
Prime Mercantile Paper-896 Der cent.
Goserareenss- Batl aaa hsEi unchanged TT ices.
state securities Limited Isinsss a. Stock TX.
change dealers report good outside demand.
There was renewed activity in today's stock
rssrket. accompanied By very decided chsnges in
the course ef prices. The make was steady 81
she opening and carly dealings cave indications
of = disposition 70 hesitate. during which pcices
fell OF slightly. IRIS was quickly followed, how
ever, By an music 81 new lie aud strength.
Before TIE end OF - first hoEr Lackswaana sold
above par a point Il had not reached since Deem
Der l. 1854 and Eearly everything else On the list
was iram = 10 = per cent above opening quota
lions Il was at time tie highest prices OF the
aag with few exceptions were made. Although
the market continued fs-Tly active, 1. was frac-
tiopallv lowe- by midday, and for most stocks
tontl4ued aoout steady until meath ? o'ciocs,
when an active selling movement set IN. which
continued until the close OF the board, and which
carried stocks down To the loves point OF the
day and from = TO l.. per cent. lover than they
The feature Of toe market was the trading IN
Lake shore and Isczawanne- Il was asserted
triouted, that \ settlement between the New York
Ceutral and West Shore mad 50 nearly been made
tn rates, both freight and "a ,engor. wolld be
fully restored IN the next forty-eight hours
Tne TsrOrt was kept alive in various forms
I'll afternoon. Notwithstanding
shors officials disclaimed al knowledge OF any
thing anon which TO base the statements made
and Lake shore proved an exception 10 the general
rule of the market BY 10 1Cut1g Is highest price
inst after O'Clock wnen il 50 d a. o.. The ouly
other active stock exceptionally strong a. this
tue was lack6TaBns. which, after selling in che
o'clock and with only slight req ,flOn, persist
ent advanced from that price 10 loo y at the be
ginning OF the last hour II course was therea Ter
steady, and closed On slight rally at Ss12 net
advance for the day Of only IS per cent.
eo eafnS S1 s slG'o iur,aer a4vlnoe
for IL Of 20 to Is per cent IL the near future In
final trade Lake shore alse ksll - and closed a.
ST. loss from yesterday OF 4 per cent. New
York Central experienced esLill heavier decline.
selling down to 80 = and closing at SS5s a les OF
IL II was believed there was heavy .ellng oil
TINS stock for account of the bull pool. The sTes
Is becoming greatly puzzled over the coCrse OF
- Paul For some DAYS past, when the general
market has been weak. that stock was str0Eg. aud
when the whole market rallied 81 Paul became
weak again TWAS prom nently weak to-cay, IN
the face OF TIE general advance aud ia
the last hour sold AZ ~. closing ~
7I5s a loss Of l per cent. Northwestern was
aIs0 per cen lower At o27S Other notably weak
tionr declined - per cert, 10 IS Tn total
shaTes amou-ted TO 81 D. shares a gain over yes
terday OF nearly o. 600 shares, OF which LaeEa
wanna and II. Paul contributed total of over IS
There was good business done in railroad
bonds, and prices were higher vita 4 lev exceo
investment orders for this class of securities Wth
few bonds Offering. It's investment IS sucn TIA
though greatest advance 1rle new anc Wesi
Shore frsts which are tr6 ded in on speculate ve
account are each Is per cent. 10 yer the former n
90 after opening S. and me latter at 36z, afte
selling at 9 -
Alton and Terse Haufe division bonds were NJ
> per cent At H. and 81 Louis, Kansas City an
Northern. Omaha division firsts. - per ant. al
1917. Cumberland and faBnsylYauia ISIS rose
per cent az lG OF New Jersey issues Of lit con
sol assente6 coupon of are ~ per cent high
~ % after selling % aud convert 5isss a.
seDted show al equal gain az 99% LON,
vile aDC Nashville IS - per cent Il
and F-r1 tai a. a Z
kaus a. and Texas drets gained Der ceut At l05
and Colorado Coal and iron hfSts were I'D II
per cent Ct COZ Houston aud Tex A. Contra
Trsts msfn line coupon or sold at 9S1S. Al
vance Of = per cent while there was eeeAn
of per celt in Western Division bonds. e3upOl
OF. 50.
Transactions on Stock Exchange sggre gate
$50 COO shares, Of which s. 900 were Lsckawanna
81 coo Lake shore; IS coo North western, 310sl Ne
York Central; 5000 81. Paul 5000 Union Eacihe
17oo0 Western Union.
GOVERNMENT SECURITIES.