The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-03

| the oil companies shares, but the managers OF
these owe t to themselves to set their merts
fairly and honestly before the public eye through
| the journals.
| The Stock Market Is dan and heavy this morn
ing, and prices are unsettled, with the excep-
ton of Government bonds which are more active
and better. 5-2Os sold at lO63GlO7l, an advance
Of 6s of 1881 at LOG, coupons off; li2g was bid
for Coupon bonds, an advance of 4; and 10 -,Os at
y9i Pennsylvania IS sold at 06 and new CITY Is
at 9st.
In Railroad shares there is verv little doing.
with sales of Northern Central Al ss2. Camlso
and Amboy at l52; Pennsylvania railroad az
o.@oa' an advance of Il RlmirA preferred at
6Oi aud Catawissa preferred at 37f; 67s was bid
ioI heaoingj l6s FOR CataWissa commons and
al for Little SchuyRnl.
N"nal shares continue dull, with sales Of
Schuylkiu Navigation at 32 and preferred At
7oi ~ was oid Tor Lehigh Navigation; II FOR
Susqnehanna Canal and SO for Delaware Di-
vision.
There Is little or nothing doing IN CITY Passen-
ger hairoad shares. 80 was bid for Fifth aud
Sixthj 70 for Thirteenth aud Fifteenth; 40 for
! Chesnut and Walnut; l5} for Arch street; and Is
for Green and Coates; 6sS was asked for Second
and Third and 4S for Tenth and Eleventh.
Bank shares continue firm. 80 was bid sors
Mechanicsi SS for Kensngtou; f3 for Penn
Townships 81 for eirardi 81 fotNtanufaetarers
and Aechanics' 56forCity; As for Consolidation,
and IS for Commonwealth; 100 was. asked soe
Philadelphia Bank 20 for Farmers and Me-
chanics', old stock and so for Commercial.
Oil stocks continue quiet, and prices are irregu-
lar with sales of ralzell at o. aud Walnut IsIedtl
| 33@3s; 9swas bid was Noble and Delafi..f,
81 for McClintock; SO for Maple Shade; 7Jfor
Densmorej for Egber; % for McRlhenny aaa
Al for Rock OH. els~
Money continues plenty at about formee. ratps,
but there is very little doing. Loans on cal ssre
freely offered at per cent. per annum; prins
paper is scarce, and quoted at 7I@9 per eeas.
The twenty-five millions of Five-Twenties takaa
by the associated banks are only portion ostbe
loan TO be Immediately negotiated. Slxty.nya
millions are needed, aud thirty-fye millions a
addition to the twenty-five are expected to be 90
tained in the same way as soon as the first sa0-
scrption shall be paid, which is to be done within
ten days
The reason for preferring private negouleo0s
for these loans, is to obtain the money without
alarming financial circles, until the Governments
is ready to come forward for the big loan to msct
all its necessities
1t has been determined by the Treasury Depart
ment to create only one depository In each dis
trict. The organization of National Banks IS 20
be fostered, but the creation of too many deposi-
tories will be discouraged. There are already two
hundred and eighty.f five of these.
We call our readers attention to the prospeo:ns
of the McClintoek River OIL Company, capital
100000. James MeMillin President; ]. D.
Renboth Secretary and Treasurer
We publish today the prospectus Of the SHB-
K1NAH PETROLEUM COMPANY, by which it wil
be seen that it owns, In fee simple, a tract Of l57
acres on the best part of Cherry Run-a most
productive oil region,--a half OF the "Barosr
Farm" of 40 acres, on Oil creek, one mile from
the Noble Well; lease on the Miller Farm, on
which there is now a we'll producing so barrels
day, besides leases on the Buchanan Farm and
the Bennehoof Farm, sc.
PHILADELPHIA STOCK EXCHANGE SALES, DEC. ..
Reported by Clarkson Co.. Brokers, l2iS Third Sc.