The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-11-03
FINANCE AND COMMERCE.
orTIcz or Tin EvEvrro rnfzeaArn, Z
Thuraaaw Nawarnhaw


The Stock and Gold Markets are very much
unsettled under political complications, prior 20
the election andthe gold fight Is fiercely waged,-
the scccsh bankers trying to mark up the price,
In order to affect the elections while the loyal
capitalists are selling It Is stated in well-in-
formed circles that the Government is selling
gold, and several heavy failures have occurred
here and in New York among the bullion brokers,
entailing severe losses upon certain gold specu-
lators, upon which the verdict Of the public Jury
Is, served them right Several Of them arc men
who made loud professions OF loyalty, aud their
| hypocrisy Is justly punished "rhe mills OF
God grind slowly" but the meal Is Of the purest.
The eternal laws of right aud truth prevail
always and everywhere, even in tho Stock
Market-so that in the long run the dulest
brain comprehends that "t is best 10 be honest
and true"
The old and staid members Of the Stock Bx-
change arc quiet, awaiting the election, after
which We shall have lively times. Il Is prudent
| just now TO stand still, and SO we advise our
readers. Those having sound, diyidend-payins
securities need have no apprehension Of a psrna-
nent decline. All the elements combine 70 point
to an advance before January.
The Stock Market IS unsettled and less active
this morning, with the exception Of Coal Oil
shares, which are in demand, and prices better.
Maple Shade sold at 8lI@3i, which Is an advance
of4 Dlzell at 0i Rock at (; Perry lt 4 McEl-
heny at G., an advance Of Eg6srt a. 4s941,
an advance Of ! and Densmore ats.
Government bonds are rather quiet. New 5-20s
sold at lOl Gs of 1881 at 1861 and lO4Os at 9iI.
New City Gs are selling at l02 and old do az ee3.
In Railroad shares there Is less doing Read
ing sold at 67@67s; Pennsylvania Railroad at
9O4 and Minehll at 60; ij4 was bid for Little
Schuylkill; 80 for North Pennsylvania; ls for
Cattawissa common, 3as for preferred; 3S for
Philadelphia and Rrie; and as for Long Island.
City Passenger Railroad shares are without any
material change. Spruce and Pine sold ct 3ii;
2GI was bid for Girari College % for Green aud
Coatcs;3j for Thirteenth aud Flfteenth so fox
Chestnut and Walnut; 63 for West Philadelphia;
Il for Arch, which is an advance; and 10 for
Race and Vinei 70 was asked for Second and
Third.
There is little or nothing doing In Bank shares;
jj was bid for Commercial; SO for South Wark;
IA for Girard; IS for Consolidation; and 40 for
Union.
Canal shares are less active, and prices are
rather lower, with sales Of Schuylkill Navigation
common at 334; "a was bid for Lehigb Naviga-
ton; 95 for Morris Canal common and l5i for
Susquohanna Canal
The Honey Market is without change. Loans
on call are freely offered at 6697 per cent. per
annum; prime paper is very scarce, and quo;sd
at 7G0 per cent.
a despatch from Washington this morning
says The total subscriptions to the 1910 loan,
to October so, foot up Ssl 667 500; to the new
1905, Sj7 ,OO3,9OO. The currency issued 20 the
National Banks during last week amounts to
81 l,S26, ,l5O; total to October 80, Sj7,6si, ,l80.
Gold is very duh this morning, and the trans-
actions are limited, opening at 23l fell or and
sold at 227i at 10 o'clock A. NJ; advanced and
sold at 23o3 at Ii O'Clock; 234} at l2 o'clock;
43a5 at l25 P. NJ.
! The Great Basin Oh Company was this day
! placed upon the books OF the Brokers Board.
! We perceive they announce two (2) IT, cent
dividend in our columns. Although Philadel-
phia company, the stock is mainly held in
Boston, and is the only oil s,oek on the Board
/ there.
! PHILADELPHIA STOCK EXCHANGE sALEs, NOV. Q.