The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-09
FINANCIAL AND COMMERCIAL.
MONEY AND STOCKS.

frlme hcrcanule fHDeT-4Go PET cent.
Foreign Exchange-Dun 81 1854 ioF long and
49, for short sight.
The sales of stocks to-day aggregated 3I7,6s2
shares, including: Delaware, Lsckawsnna and
Western, 22.9l7; Erie, $3.50: Lake shore, $3.50;
Northwestern, 57.65s; New Jersey Central. ABS;
View York Central. 4s 900; Pacific Mall 1875: St.
Paul. s0z5e; Union Pacific. Is. $50: Western Union,
s.x2J; northern Pscifs preferred, 1900 shares
Government Bonas-Duil and without change Ia
quotations, except decline Of per centin the As
aud al advance Of = per cent in the IS.
The Slate securities were dull and featureless.
TncTe was sale Of south Carolina IS. coasoli-
dated. ct 1O7.
Inc stock market has been decidedly more &C
tive to-day. and while somewhat irregular, and at
tines feverish has exhibited a great deal of
strength, the result Of the days operations show
ing decided gains over last evening. The street
has been unusually well supplied throughout the
day. with rumors of an extremely varying nature
The following was issued Any report OF an
5eable adjustment Of differences between the r1tl-
loacs IS cheap tax, ana emanstes from the gentry
who are using every endeavor 10 bolster and un-
load. Nothing Is kpoWn here Of tee mai issue,
and you may depend upon II that reports to the
contrary arr lies Dispatches similar 10 this were
many during the business portion OF the dav.
Just before the close OF the board il was
that the meeting had Adjourned aud that y lille
= some advance had been made in the negon ations,
nothing had really been DONE aud the outlook
~
prominent feature Of the early dealings was the
strength developed IL the grangers. accompanied
Srs euanstsd nr;ncn,,lv me rom Duyt rs o..
and this was Interpreted indicating
that the railroad troubles were the eve OF set
Element. At the same tine Vanderoilts were
weak, and both New York Central and Lake Shore
declined while the remainder of the list ad vanced
The activity during the first hour WAS so great
that the trading amounted to over 120, 600 shares
or lore than has been traded in for the same
hour at any time In the past two months. After
va O0nra ar oraHr
were steadily held with tendency toward lower
figures. but at O'Clock there was q sharp rally,
after which IL became dull and steady ard 81 con-
The Whole list became steady and advanced = 10
q per cent. for the active stocks, the market
finally closing strong at or very near the highest
The total sales were 81 900 shares bat ST. Paut
c0ntr1putcd ~, 400 shares and more than one half
OF the dsy's business was confined 10 trading IN
that stock, North western ana New York Genital,
but Lake Shore, Union Pacific and Lackawanna
were also active 81. Paul opened down % per
cent. at 651z but quickly advanced TO 671z then to
6t5S ana IN the forenoon lo.e to 6SL ft did not
again sell below 57Is, ana before Oeloc rose to
6s1z In the LAST hour it touched 6SZ, and then
rose to 60. closing finally 81 6s54 gain of IA
10 9sts. sold agsin at 50 and 50 before noon, and
IN the afternoon ioucasd 9ss4. but on the fnal
rally resched 9S5s closing at s3ls which Is slsO
gain OF ia per cent. New York Central
hFkt pfice was So, loss OF q per cent,
and 1. . in the hrst hosr II tel 70 s51s. bar
afternoon IL sold again Ct 751s. and theu rose TO
SEE and closed at S6s4 ret gain OF q. Lake Shore
huetratsd between 5i5E aud 5S15. aud closed with
pain of ] Der cent. ct 5514 The only active
Gouid stock was Onion eseife which rose from
SIS to ~, . gain OF rs Laekawanna on tuct1-
snu The closing the highest OF the day al l0s.
otner advances were for smaller fractions than
while toe meeting at Cbicsg0 ati91rne1 without
settlement Oi their troubles the heavy buying
OF the granger stocks by fhieago houses Indicated
that a settlement Is near at hand, and with this
question out OF tue way the market should
securities of tie Southwestern roads
is promised a. an early day, bssed upon the i'm
pToyement in the business OF those roa Is. There
fairly well distributed business in railway
bonds, while the trading in Erie. seconds. new,
was unusually large The total sales foe the day
aggregated 81 81, 000 of which Erie seconds, rev
contributed 81 COS 0OO leaving S84s COZ 20 be dis
tTIbuted among the other issues bought aud sold
showing decline of Is per cent. at 511% but
they rallied to 521S in the forenoon and later 10
s31z. sold again at 81 and closed with net adj
vaIee of a per cent. at 527s Among the
other advances, New Jersey Central hrsts,
frss. Chicago and milwaukee Division, at lSO and
the Wisconsin and Minnesota Division 5s u at
945z Chicago and Milwaukee frsts. IL at 1851;
N. and o. consolidated 6s. u at N, New York,
Laekawanna and Western, 15z ct i22; Denver and
Rio Grande hrsu, y at IS; NJ X. and L. general
IS, e at 5e7s: Nashville, Chattanooga and st.
LOUIS hrsts at IN; Kansas Pacific firSts consoli-
dated, "a at y614; 81. Paul. NJ. and NJ, Dakota ex.
tension frsts, at Ill; Rome, WATERFOWL and og-
Atlantic and Pacific, Western division incomes. *
at 1851 and the tirsts al 7l15. The Chesapeake
and Ohio IS. coupon of. are down y at 5S4; Lee
high and Wilkesbarre consolidated assented
bonds, at 95; ST. Paul consolidated IS, at l24:
Louisville, New Albany aud Chicago frsts, at
tered, Ia at 1874: Midland of New Jersey frsts.
ut So Oregon and Transcontinen S. IL at 6s%:
Central Pacific, san Juan branch. 6s. l1s at 1913:
Union Pacific sinking fund S. Ia Mt l1s% and
Mutual Union Telegraph 6s, y at 65I5
Tie market closed with the following prices MD.