The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1886-03-31
FINANCE AND TRADE.
MONEY AND STOCKS.
se, yors Financial Market.

aew York Financial Market.
NEW YORK. March 9.-Money-On call easy at
2@S per cent
Prime Mercantile Psper-@5 per cent.
Sterling Exehange-Dun but steady; s. e614 for
60 days and 81 $50 demand.
The total sales OF stocks to-day were $50, $50
shares, including Canada Southern, 3.195; Della
ware, Lackswanns and Western, $685. Delaware
and Hudson, sou; Erie, 10 100; Kansas and Texas,
1O,44o; Lake Shore. 4e,1e5; Louisville and Nash
vile, 1925; Northwestern, 1910; New Jersey
Central, 4,343; New York Central, II, DDS: Peoria
Decatur andEvansville, 10S5O; Reading, 5,725; st.
Paul. a. JAS; Union Pacific, 2O,66S; Western Union,
1850; Northern Pacific preferred, 1892; Oregon
Transeontinental, 1900.
Government bonds were dull and steady.
State bonds were quiet but firm.
There was only a small business in railroad
bonds. and prices sympathiZed with the share
market, being strong in the morning and about
steady the remainder of the day. Business was
well distributed, and the result was an advance
in most cases The general impression at the
Stock Exchange this morning before the opening
of the Board was that the strike on the Gould sys
tenn of roads had been settled definitely and alb
sOIntely, and when the market opened first prices
showed very decided gains over the closing fig
last week, the advances ranging from "A TO
nearly per cent. There was a rush by the shorts
to cover and another rush by the longs, and for a
short time the excitement ran high. Before the
however, that there was q hitch in the ne
gotiatiOns, and Mr.. Gould. il was alleged,
was authority for the statement that he had made
no OveI lures whatever to Mr.. Powderly, and that
the dispatch to Mr.. Hoxie had been written before
he saw Mr.. Powderly yesterday; ana later it was
stated that the Knights had refused TO resume
work until after their differences had been arbi-
trated. The changes run on this latter statement
IL rouehout the remainder of the day, ana at
O'Clock Wall street was uncertain as TO whether
work had been resumed or whether nothing would
be done until further negotiations were settled.
The market consequently was hesitating one,
with dropping tendency after IL o'clock and at
times decided weakness but there was a rally Just
before O'Clock, the market finally closing firm,
from small fractions to over l per
cent. higher than Saturdays closing,
the greatest net gain being made by
Missouri Pacific, which shows an advance of
per cent Texas Pacific is up IS per cent, South
ern Pacific and Chicago, Burlington and Quincy
each rs per cent. The coal stocks strong in
the morning. but on reports that the conference
OF Presidents at the Pennsylvania Coal Com
pany's Office had adjourned for lunch without
having reached decision, Lackawanna fell y
per cent, and closed at llis, gain of per cent.
Delaware ana Hudson is. up Is per cent, while
Reading shows loss of x per cent. the only
stock in the active list that is lower. The
Changers and the Nanderbilts are quiet, except
Lake Shore. which developed considerable weak
in the afternoon, but rallied and closed with
q