The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-04-05

Bank shares are unchanged. Farmers and
Mechanics sold at l25. 2O6 was bid for North
America; 90 for Northern Liberties; % for Me-
chanics'; So for Penn Township; 81 for Girsrd;
76 for Western; 81 for City: 50 for Common
wealth; 60 for Corn Exchange; and Sc for Union.
Canal shares are more active. Lehigh Navi-
cation sold at SO; Delaware Division at 466Dl61,
the latter rate an advance of 8; Susquehanna
Canal at lS1, slight advances and schuylkn
Navigation preferred at 30; 224 was bid for
schuylkin Navigation common; and l1lA for
Morris Canal preferred.
Oil shares continue dull. Ocean sold at 9@9I,
and Sugar Creek at "a; 2 was bid for Maple
Shade, and asked.
The New York Tribune this morning says:--
Money on call is more active at per cent,
and the rate is steadily hardening. The passage
of the Loan bull will probably be followed by
movements on the part of the heavy capitalists
which win change the character of the money
market by bringing the Government into the
field as borrower. The reduction of the army,
soon to be made, will require large amount,
which must come from sources outside the Gus
tom House or the Internal Revenue Depart
ment. The progress already made towards
specie payments has disarranged values and
business to such an extent that the rec apts
from internal revenue will feel its effects. and
the Secre, ,ary's calculation that he must borrow
money to carry him through the fiscal year be
realized. That he will want Sll2, 600, 900 Is not
probable; but that he will be borrower to an
extent suffici ent to absorb large amount of
money now loaned on call at 50D6 per cent, is
as certain as any future event can be-"
The Baak Note Reporter has the following
regarding the banks in ithe Pennsylvania oil
reglon:-
OH City Bank, at Oil City This bank Is State
institution with circulation OF some $3.50 900, not
sccureo by any bonds. We believe the circulating
notes of this bank have only nominal value.
Bank OF Crawford County, at MoadyIle. This is
state bank, with about 1850 900 circulation, not
organize as National Bank-had deposited some
bonds in WashinR Rton-but has never received any
National Gu lIency. Our impression ls that the
"Bank of Crawford County" is not as bad q failure
as the "Oil City Bank"
Venango Bank, at franklin. This is a free State
bank converted into National. The old circulation
Is about $4,000, secured by 30 Treasury Notes de-
posted at Harrisburg and $50 700 National cur
renCy secured by deposs in Washington. We be-
eve that the old alton will be taken up at ITS
lace, after some delay, probably at Pltts6urg. For
cvUSe @ saap ~ AZ no ne @0
Petroleum Bank, at IItusvlle: This is free State
bank, circulation some S2o3 ooO, secured by Z 30
burg, after some delay. We quote them at 10 dis
count; This bank had fled Its papers to reorganlze
Culver, Penn & Co. owned but small portion of
the stock of the "Fst National Bank" at Titusyille
but its New York account was with that house. In
the uncertainty of the moment 1t suspended IL has
since resumed business on a solId Dasls The losses
are not sufficient to impair its solvency. Its mana
gers are OF sound and solid class of local citizens.
Its drafts on Culver, Penn Co. are cashed by the
First National Bank OF this city.
These are all the banks that are directly hurt by the
1ulure of Culver, Penn g. Co. Other banks have
been placed in the broken lists published IN the
newspapers. The Cashier OF the Bank of Lawrence
County writes us that his bank had business with
Culver Penn Co ana no loss whatever will be
sustained in consequence of the failure.
LIST REPEATED.
Oil City Bank OIL City, Pa a..........75 " CT dis.
Bank OF Crawford County, Pa ....,,..62 8 ct. dls.
Venango Bank Fran KILN. Pa. ID P ct. dis.
Petroleum Bank IiusVe. Pa. 10 " ct. dis.
All National 4 urrencV broken OF mar