The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-11-10
FINANCE AND COMMERCE.
oFTfcE OF rHE EvKNIHa TELEeHAfH,
ThuwaEa- n.-....ns~ N


The rise In stocks continued afser we went 70
press yesterday and during the afternoon lsrte
transactions took place in the leading speculative
stock, Reading The purchases were large, the
orders numerous, and during the day New York
brokers were buyers in this market. There Is q
large short interest In these shares among the
New Workers, and the cash oertif lates are quite
scarce Tor delivery in that city. The highest
price reached was 7O3, at which price the stock
sold in the evening at the Girard House-the hrst
telegram from the Fifth Avenue Board quoting
The market firm, with Reading at 7Ol9704;
Hudson River was l2j1; Erie, lOis with an ad-
vance on all the Western shares Of 2 to per
cent over the prices prevailing on Tuesday
evening.
The Stock Market is rather dull this NOR ing,
with the exception of Coal OIL shares, which arc
more active aud prices better. Mineral OIL sid
at 29i93, which is an advance; Irving at s09sl,
an advance; Dalzel at lO Densmore at ss;
McElheny at 81 and Egbert at 81.
Government bonds are firmly held, and there
is rather more doing, with sales of $50 at l0lCO
1917, coupons off 6s Of 1881 at 107@lo7I; and
new 7'3Os at 9S5.
Pennsylvania IS are selling at "a.
In Railroad shares there is less doing. Reading
sold at 69sl, which is q decline; Pennsylvania &C
6s; and Catawissa preferred at 40; 452 was bid
for Little Schuylkill; 80 for Philadelphia and
Germantown; 60 for Minehill 32I for North
Pennsylvania Railroad; SO for Lehigh Valley;
81 for Elmira preferred; Is for Catawissa COM
mon 80 for Philadelphia and Erie; and As fox
Long Island.
City Passenger Railway shares continue dull.
Green and Coates sold at 90; 69l was bid for Sc
cond and Third go for Fifth aud Sixth /; 46 for
Tenth and Eleventh; 34t for Spruce aud Pine;
Is for Arch Street; and 10 for Race and Vine.
Canal shares are more active aud prices ara
better, with sales of Schuylkn Navigation COM
mon ct 33l, preferred at 404; Susquehauns
Canal at l5@l5l and Delaware Division at 36A;
70 was bid for Lehigh Navigation; and 81 for
Merris Canal.
Bank shares continue very firm, but there is
very little doing in the way of sales. Manufac-
turers' and Mechanics Bank sold at 29I; III
was bid for North America, an advances $50 for
Philadelphia, an advance; 40 for Farmers aud
Mechanics, which is also better; So for Com
mercial; 70 for Northern Liberties; 295 for Me-
chanics So for Kensingtonj 40 for Girard; Sc
for Corn Exchange; and so for Union.
There is very little demand for money, and the
transactions are limited. Loans on call ara
offered at 6Ca7 tP cent. per annum. Prime paper
is scarce, and quoted at Solo " cent.
Gold has declined 3@4 tP cent since last
evening, opening at 255, fell off, and sold at
$50 at 10 o'clock; rallied and sold at 254 at IL;
declined and sold at 2524 at lS and 252 at l24 p.
NJ. All kinds of rumors have been put in circu-
lation by New York spectators since the election,
to advance the price of gold, but, as will be seen
by the above, they have not had the desired
effect.
PHILADELPHIA STOCK EXCHANGE SALES NOV. 10.