The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-11-22
FINANCE AND COMMERCE.
oYTIcE OF THs Evyvrra TrtKaR.pu.1
Tuesday. Hoveurhor %


Ioesday, November p.
Gold is active this morning, and prices have
advanced sac per cent since last evening. OPEN
rg at 1924 advanced, and sold at 22sI AT 1o3
o'clock fell of, and sold a. 2273 at IL; 225B az
u raj led and sold at 226I at l25 p. NJ.
Inc STOCK Market is inactive but prices are
steady Government bonds continue firm and
prices are rather better, with sales of 5.2Os AZ
'o'1'e loli, coupons of, which Is an ADVANCE;
ana new l'3Os at 9oI IS Of 1881 are quoted at
New City 6s are selling at 1913.
In hNnlroad shares there is rather more doing.
anu prices have an upward tendency, with sales
VI Neauing to notice at 69l, an advance Of /:
iVnnSyWania Railroad G 67l69574, an advance
oI II Noithen Central Railroad at 81, Little
'cnuy'Aill az 453Cai6; Chester Valley Rtilroad
oonus at 4oi North Pennsylvania Railroad bonds
az lUOi Leilsh Valley Rairold a. sl1. and
fhliadelphia and Erie at 3lI an advance of 4.
l2Z was bid for Camden and Amboy, bg4 for
Philadelphia and Germantown; 80 for FImiya
common, 81 for preferred l6 for Catawissa c,,,-
! mon, 80 for preferred; and 81 for Phiadelubia
! and Baltimore
There is little or nothing doing ia Passenger
Railroad shares j5 was bid for Fifth and Sxth.
26t for Thirteenth and Fifteenth; 3iz for sprnce
and Pine; 6s4 for West Philadelphia. which ts
an advance and Is for Arch street: 20 was
asked for Second and Third; 40 for Tenth and
Eleventhi As for Chestnut and Walnut: and ga
for Green and Coates.
Canal shares continue dull at about forror
rates. SO was bid for Schuylki Navigation com
mon, 80 for preterredi 75i for Lehigh Valley;
lib for Susquehanna Canal; and 100 for Morris
Canal preferred.
Bank shares continue very firm, and prices are
rulher Detter, with sales Of Minufacturers' and
Mechanlcs at 81, which is an advance OF A; and
City Bank at 67 an advance of l76 was bid for
Norlh America, an advance of 3; 1894 for
fhiadelphiai lAO for Farmers aud Mechauics'.
594 for Commercial; 80 for MecAanic,,: az f,r
hensington, an advance of 2; and so for Girard.
Coal Oil shares are steady, with sales of Oil
Creek at 81, an advance of /; McClintock at 4;
McElheny at 81 and Cherry Run at 80, an ad-
vance of 5.
There is very little demand for money, and
the rates remain about the same as last Quoted.
Loans on call are freely offered at per cent. per
annum; prime paper is scarce and quoted a, 78So
per cent.
Considerable attention has been attracted to
the unexpected advance in the stock of the
CLINTON Goal ana Iron Company, which for long
period was inactive. Iudeed the rise has been so
sudden, that holders Of the stock have iguorantlv
disposed of it at less figures than it would com
mand at the Board.
The reason given by those who have a know.
ledge Of the subject, is the discovery of unmis-
taxable oil indications upon tho territory owned
by the company, which embraces about thirteen
thousand acres. Within few days lease has
been entered into by responsible and wealthy
operators for the oil privileges of one thousand
acres under an ample rental and royalty.
The lessees will immediately commence the
work of sinking wells and developing the oil
production. Notwithstanding the indisposition
of those connected with the Company to furnish
details OF the matter, we feel it our duty TO mt
the holders of the stock on their guard against
ruinous sacrifice of it on the eve of SO importau
a development. 1-i pa. Pa
The les'ees are sanguine Of the existence O
large veins of oil beneath the enormous wealth
Of coal and iron already found on the lands of
this Company. lH
'hILADELPHIA STOCK KExCHANGE SALES, Nov.ss.
a gt,..t