The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-08-24
FINANCE AND COMMERCE.
NVR.H#e.Ian Ar.sf,ge

WeGn.sdSJ, August u, .
The Stock Market is rather duu this morning,
except for Governments an1 Coal Oil shares,
which are in good demand, at Z further advance,
Railroad stocks are quiet, and prices are rather
lower; BEADING sold at 6ti@67, which is a
decline; Pennsylvania at 746, also a decline
North Pennsylvania, 81; and Long Island, 40 /;
i6A was bid for Little Schuylkili; 90 for Nine
hill; 4l1 Tor Catawissa preferred, 22i for common;
and 34B for Philadelphia aud Erie.
Government bonds continue in demand, and
prices are better, with sales OF 5-4Os at 1871 and
6s or 1881 at 1000 l094; III was bid for 1898.
Coal OIL shares continue active and pr,ccs have
an upward tendency with sales Of Perry at 81;
NcClintock, Z; Eg0ert, 81 Maple Shade, lS;
NcIlbenny, 81 and Dalzell AZ l0l.
Bank shares continue firm, but there is very
little doing in the way of sales; lG, was bid for
North America 1874 for Philadelphia; 81 for
Farmers and NJ -chanicsi SO for Commercial;
2s1 for Mechanics; so Tor WESTERN Pa for
Manufacturers and Mechanics, and AZ for Con-
solidstion.
In City Passenger Railway shares there Is very
little doing, and the quotations are without any
material change. Green and Coates sold at 3j;
72B was bid for Second and Third 80 for Tenth
and Eleventh. aud p for Arch Street.
There is more doing in Gold, and prices have
decnedi opening at 2j6s, fell of and sold at
lj5s at II O'clock 25jl at y, aDd 1854 at half
past y.
despatch from Washington this morning
says the subscriptions to the 1910 loan reported
at the Treasury Department yesterday amount
to S233, 900, and those OF the new 7'3O loan to
1857 600. The total subscriptions 20 the latter
loan are 22,3O7, 900.
The Money Market, as we have noticed for
some time past, continues easy, and loans are
plenty on call at per cent. per aunum. The
best paper Is selling at from GCg9 per cent.
REVENUE DECISIONS commissioner Ie wis has
decided that Section l03 of the act of jane 30,
| 1864, imposes upon every person, firm, company,
| or corporation owning or possessing, or having
| the care and management OF any railroad canal
steamboat, ship, barge, canal-boat, or other YES
sci, or any stage-coach engaged or employed in
the business OF transporting passengers or property
| for hire or transporting the malls, or any canal
the waters Of which are used for mining purposes,
| duty of two and half per centum upon the
| gross receipts, and three per centum upon the
gross receipts of any toll road, ferry, or bridge
| and Section 100 provides for the mode and time
Of the returns, and the assessment a2d collection
of the duties imposed, except In tue cases OF the
owners or proprietors Of stage coaches and other
vehicles, which are specially provided for by the
regulation of the Secretary Of the Treasury
The Commissioner Of Internal Revenue has
just rendered the following important decision
concerning the collection of the tax on Cigars :
"Cigars selling at not over Sl3 shall be suo.
iect 70 a tax of SO selling az over 2 % anu nor
over $50 do, SS selling at over SSO Ahen @ oleI
| $50 do. SIS; selling at over so and NOT over
| Ss5 do, SOS; selling at over $40 do, SlOi eiga-
rettes in paper wrappers selling At not over S6per
| 100 paekages of 25 each, per 100 packages DO,
| ri In paper wrappers, selling az over SO
Ser 100 packages of S25 each, per 100 packages
| do.. AZ made wholly of tobacco per nae, do, 81
| For the purpose OF aiding in the detection
and prevention of fraud, the law provides for the
inspection and stamping Of cigars by an inspec-
tor. AZ general rule tho tax does no. accrue