The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-10-24
FINANCE AND COMMERCE.
OFTIcE OF rHH EVENING rHLEonAPu,
Monday October "a.

Monday, October "A. H
The Stock Market Is inactive this morning the
transactions are limited, but prices arc steady.
Money continues easy. Loans on call are freely
offered at 6Ca7 per cent per annum. Prime
paper is scarce, and quoted at Solo per cent.
Government bonds are quiet, with sales Of Five
Twenties to notice at 10lI, coupons Oft; Skies OF
1881 are quoted at lO52@iO6, and seyen-Thirties
| at tlO5Gl06.
Railroad shares are rather dull; but prices are
firm. Reading sold at 6ll, an advance of A,
mnehill at co. which is a slight advance; Little
schuylkin at 454@46; Camden aud Amboy at
| ll93, which Is decline and North Pennsylyana
Railroad bonds at s6i 69A was bid for Psnnsyl-
wanna hailroadi 59 for Philadelphia and German
town 295 for North Pennsylvania; as for I.ehigh
Valleys 90 for Elmira and Williamsport; Is for
Cata"issa commons aud 81 for Philadelphia and
Erie ,rs
Coal Oil shares continue dun at about former
rates, with sales of McElheny at 90; Phlllipg
Oh at "a; NOBLE ana Delamanter AZ l2al21, and
DensmOre at "a.
In City Passenger Railroad shares there is verv
little doing Second and Third sold at 20, az
was bid for Thirteenth aud Fifteenth and 2s for
Girard College; 81 was asked for Fifth aud
Sixth; 80 for Tenth and Eleventh 81 for spruca
There is nothing doing in Bank shares, but
holders IRE firm in their views. 1863 was bid for
North America; ll6 for Philadelphia; esl for
Farmers and Mechanics, which is an advance;
% for Mechanics 2sl for Manufaeturers' ana
Mechanics; 20 for Tradesmen's; so for City; 48
for Commonwealth 574 for Corn Exchange aud
46 for Union.
Canal shares are dull and rather lower.l 35 was
bid for Schuylkill Navigation preferred; 76 for
Lehigh Navigation; 97 for Morris Canal COM
mon; aud IA for Susquehanna Canal.
Gold has advanced 8 per cent. since Saturday
evening, and there is more activity to notice.
Opening at 2l34, advanced and sold at 2l5 at II
O'Clock 2l6l at II; and ZIG at l2l.
A new banking house has been started at No.
ITO S. Third street, under the name Of wIliam
Painter & Co. Mr.. Painter, the senior partner.
has had II long and practical experience IN tha
business in Chicago, and Mr.. William Weldon,
! his associate, in addition to a long service in
banking in Ohio, has been for several years the
| chief of the interest department of the United
States Mint in this city. They have formed de-
sirable connections in all the leading cities North
South, and West, and will carry on all tho
branches Of banking, brokerage, and collection
house. From personal knowledge Of both gentle
men, we can confidently recommend them "a
public favor and patronage.
The Pittsburg Commercial Of Wednesday last
reports that Mr. Hubbs, who owns a lease on tho
Smith farm, four miles below Franklin, now the
property of the Excelsior Oil Company, and who
has been pumping but four barrels per day, at
the depth of 4OS feet, sank his WELT to the depth Of
424 feet, and struck vein which yields forty
barrels per day, worth between $500 and S6oJ&
| present prices
The Germania aud Highgate Petroleum Com
panies, of New York, have each declared a divf-
dend Ofone per cent on their capital stock, pay
able at the office of the companies, No. 80 Pine
street, New York, on the LIST of November.
PHILADELPHIA STOCK EXCHANGE sALEs, OCT. "a.
Reported by Carkson Co., Brokers' Ne, III 8. Third Sc.
mo-