The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-12-27
FINANCE AND OOMMEROE7
OFFICE OF THK EVENING TBLBaRAPH,
Tbursday, December 27. IB66.


The Stock Market was very dull this morning,
aud prices we're unsettled, owing to the further
decline IN gold. In Government bonds there was
very Little dong. July 65 52Os sold a. lO74, a
decline of !; and 6s of 1881 at 1lOl, decline oil
&; SO was bid for 10 40s; 1OIa for 6-2Os and 1881
0glOi fer June and Angus; 1905. City loans
were unchanged; the new Issue sold at 99i, ana
old do. at 90.
Railroad shares we're inactive. Reading sold
az from 62b@,52s, closing az the latter rate, no
change; and 29S for Catawissa preferred no
change. l204 was bid Tor Camden and Amboy;
6G$ tor Pent sylvania Ra'lroai 80 for Little
Schuylkill; 81 for Nol1istown; 50 for Miuehill;
j15 Tor North Pennsylvania; 20 for Elmira com
MOI mon az ior pie.erred 90, 3O5 tor Philadelphia
ana Erei and Az for Northern Central
In City Passenger Railroad shares there
was nothing doing. 80 was bid for Second and
Third; 10 Tor Thirteenth and FiftecI tn; so for
Chesnut and Walnut; l4l for estonville; 80 tor
Green and Coates; 2Si Tor Girard College and
S9 for Union.
Bank shares continue in cool demand for in
Vestment at iul prices. l39 was Dd for First
National; 1854 for Farmers and Mechanics: So
Tor Commercial; 100 fol Northern Liberties; 81
Tor Mechanics'; 100 Tor KensmgtOn; 100 for
Iradesmens; Al for Consolidation; and Sc for
Commercial
Canal shares were dun ami lower. Schuylklll
Navigation preferred sold at 35I, decline of 4;
sc was bid for Morris Canal; l3i for Susque.
hanna Canal; and Sc for Dela ware Division.
Quotations OF GoId-l0t AM, 1915; IL A. NJ.
1915; II NJ, 1919; P. Nj. 1919, decline of /
on the closing price last evening
The New York Tribune this morning says:-
Money has been in active demand among stock
houses at ~ cent, and 6G7 - cent. has been
paid On Government collateISis. The activity
IN money prt Ceeds in some deg rec fr Im the
usual desire TO make things look snug by mer-
chants and others al New Years. In CONNER
clal paper there is little doing. Prime names
! sell at u cent. Late in the day no cali loans
| COu be made under ~ cent. Sterling bills
at 60 days are quoted at 1891 by leading
| houses"
The New York Herald this morning says:-
The money market was quiet, and while
some found it easy, Others found 1t moderately
! active at seven per cent. There is reason to
| believe that the legal-tender notes hypothecated
! by the bears with certain friendly banks, as Or
dlnary coliaterals, are still withheld from clrcu-
lotion and this IS having its effect in cuctaiIing
| the volume OF lDanable funds available Tor use
| on the stock Exchange.
"The object Of the bears has been not Cnly to
| limit monetary accommodations tor the time
| heinP, but to arouse un'ounded apprehensious
iCl the future, and thus to demoralize, as far as
| possible, the sock market. This is strate gic
| PEI Torrance Influenced by purely speculative
| motives, au1 levelled against the natural course
of the markets lor both money and stocks. 1t
| can. therefore. work only transient result, and
| decided ease must follow.
''The drain from the West continues and that
| 10 the South has nearly subsidad, aud on the
! "a Of January the disbursements of dividends
| by the banks, insurance, and other companies,
| will commence, thus swelling the amount OF
| money in the open market, while on the 18th OF
| January the seml.annual i0terest on the third
series Of the seven-thrty loan will become due y
| PHIJADEL pHlA STOCK EXCHANGE SALES TO-DAY
ktpoIted by DE Haven Bro No. 40 s. Third street
BEFORE BOARDS
100 sh Reading Railroad. Observation-Disclosures, SO
FIRST BOARD
$1,000 U S 6s 81 cpc. .110A $1,000 Lehigh 6s.. 95
Sl00 G-2Os 65 coup. .ly6 40 sh sch pt. t.... 30
$500 do Jy. e. 1913 100 sh Cata pl....... 29$
$1,000 DO re- 90 Jy1035 100 sh do. ........ 29S
| $1,000 Sch rs bt In. 81 osh Reading. o Jg 90
5000 Len 6s, e4. .c& 91S 100 sh do. .... $40 52i
$1,000 Ia X Isl IN Us. .l024 400 sh do...,..... 52s
-Nies=r-. De Haven * Brother, No. 40 south
Third street, report the folio wing rates of ex.
change today at p M.:-American gold, l3ll
| @l3l4; Silver Is and l., l2j; Conpound Interest
| Notes, June, 1864 l6; do, july, 1864 l5I; do,
August, 1864 IS; DO, October 1861 a; do
December, 1864, l3; do, MAY. 1865, IL; do.
August, 1865, 10; do. September 1866, o.; do.
| October, 1865, 9.
-Messrs. William Painter Il Co., bankers, No.
3G South Third street, report the following rates
| of exchange to-day az Il o'cock:-G.S S, 6s, 1881
| coupon, l095@ll0; q. S. 520s, coupon, 1862, los
| 0l054; do. 1864, l0l@l0t!; do, 1866, lOi& a
los; do, new, 1865, lO75@lO7a; U. S. lO-4Os,
coupon, 99@995; U. S. 7'30s, lst series, lOi
| 1l044; do, I'd series, lO41lO44; Sd series, lOi
@lO4I; Compounds, December. 1864, l39l3!.