The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-02-01
FINANCE AND TRADE
Fluctuations Yesterday IN tee Hsw Ye k
EXaBaegO Lat q Sticks.
Zee Feeling Il 5hs Market II D fsFsat Stages
.. iRs Diy's Session.
fe3rcs ard pfav,acn Pfless 10 psEi91s
Girks;s Of tue 3auntTy.
Railroad, ssats and Government Bonds
arssts-Live stock Oa0tatioEss

NEW YORK. January 50 Money On call easy
at 21zGS ger cent; last loan al 3, closed offered
ar Der cent. Prime mercantile paper 5G7.
Sterling exchange dull, and weak at s. Si1S
for sixty day bills aud 81 $50 for demand.
The total s&les of STOCKS to-day were 216S7s
shares, including Delaware, LseksHana and
Western, % 354, Delaware and Hudson, 3,2i6;
Erie. 1850: Louisville and Nashville,
5,sCo; Missouri Pacific, 6,S3S; Northwest
ern, 1922; New jersey Central. $500; Read.
ing, $3.50; Richmond and West Point,
9,1C0; st. Paul, 1iSjj; Texas Pacific, 625;
Union Pacific $3.50; Western Union, 20765.
The stock market was in the main strong 70
day and active al both ends OF the day, but dull
and stsgnant during the remainder of the time,
the net result OF the operations being Irregular
changes from last weeks figures. TIE prevail.
ing sentiment was quite bullish in the early
morning, and every thing advanced for short
time, but il soon became evident that free liqui-
dalton was in progress, and the advance as well
as the activity wss checked. The bears used
the great fire in this citv an argu nent against
the market, the inference being that securities
held by the insurance companies would come
upon the market To this was added the re-
ports OF rate cutting in the west, but the effect
npon the list was not Of special Importance,
The principal interest was csatsrsI in
the eOslers and CHANGERS. but Of
these Delaware and Hudson slon e
fiuctr ste1 over range of more T. an ole
percent. aiding, however, became the lta Ter
OF the market once more IN the last hour, when
the buy NJ wss bet er Al at any other time OF
the day. The conspicuous weak spot was Mis-
souri, Pacific, which was affected by the persist
ent JUNIORS IN regaId 10 it and It's kindred
stocks. Free realizations we're in great part re-
Eponsible for the temporary setback Of the fore
noon, but these ceased bsfore the end Of the
day. Prices were firm to strong a. the opening
at advances over Saturdays final figures OF from
3 70 y per cent, and further fractional gains
were recorded ia the first hall hours trading
but after that time there vas sagging tendency
which accom- panied a Constantly decreasing
volume CT business which lasted
JILL Tear the last hall hour,
Prices were brough. down below first figures in.
many cases though the only marked decline
was in Missouri Pacific. There was general
advance after delivery hour. which, however,
was conhned to fractions only and the close
was quiet but frm at but slight changes from
first prices as e rule. Advances are in ma
iority this evening, though they are confined to
fractions, and the only important fral change
is decline OF l1{e in Missouri Pacific. The
market for railroad bonds was somewhat less
active this morning. but The strength of the list
was unimportant and everything almost I'D.
yaneed during the day. The days business
aggregated Sl,654.COO, to which Nickel Plate
fours contributed $40 eco; ST. Paul, H. & D.
revenues, rose ? to 125; Texas Pacific consul
TRANSFER receipts 1 10 l0i, and Wabash converti-
bles "a to S714 Government bonds were dull
and steady. State bonds we're very dun and
featuIelCss