The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-07-13
FINANCE AND COMMERCE.
OFFICE OF THE EVENING THLEaRAPH.
Friday. Julv IA Jag9

The Stock Market was rather more active this
morning, and prices we're steady. Government
bonds continue in good demand. Old 5-2Os sold
at lO6b@107, a slight decline; new do. at 1861;
and 7'S0s at 1O4, slight advance. 9SI was
bid for 1O-4Os and 1O9s for 6s of 1881.
CITY loans are less active; the new issue sold
at 96i@97 and old do. at 93l; Pennsylvania IS
sold largely at 924.
In Railroad shares there is more doing, and
prices are irmer. Minehill sold at 55, no
change Pennsylvania Railroad at 55h, no
changes Reading at 53{@53H, an advance of /;
Lehigh Valley at 629, an advance OF J; Catawissa
preferred at 352, no change; and Philadelphia
and Erie at 3ll0D3l2, no change; 5S was bid for
Norristown By for North Pennsylvania; 55 for
Philadelphia and Baltimore; and 43I for North
ern Central
City Passenger Railroad shares continue very
dull. 20 was bid for Thirteenth and Fifteenth;
3s for Spruce and Pine; 6S for Chesnut and
Walnut; l9l for Hestonvllle; 13 for Ridge
Avenue; and 40 for Union.
Bank shares are firmly held at full prices, but
we hear of no sales. lao was bid for Philadel.
phia; l26 for Farmers and Mechanics; 54 for
Commercial; "a for Northern Liberties; 81 for
Mechanics; 100 for Southwark; 544 tor Grard;
81 for Manufacturers and Mechanics; 659 for
City; GA for Corn Exchanges; and 60 for Union.
In Canal shares there is very little movement
Wyoming Valley Canal sold at 6S. 27I was bid
for Schuylkill Navigation common; 354 for pre-
ferred do; l2O for Morris Canal preferred; Is for
Susquehanna Canal; and 56b for Delaware
Division.
Oil shares continue very dull. Maple Shade
sold at 3, and Ocean at 81, no change.
nf I A NJ
1888; IL M, 1929; P. Nj, 1853.
The New York Times this morning says:-
''The United States 5-2Os of 1862 advanced
today to l079l075 % cent. The 5 20s Of 1865
also continued in demand, but the business
transacted was not SO heavy as on Tuesday and
Wednesday, on account of the advance IN the
price to lO5501054. The figure of l05 {3 cent,
including the accumulated gold interest since
May, appears to be the rate at which the Banks
and other large BUYERS are disposed to come in
freely. AS the old bonds Of 1862 are Withdrawn
TOR European Transmission, however, the effect is
to gradually advance the new, which are wanted
to take the place of the former at home. The 1910
years f3 cents, the gold coupon on which is
due lst September have advanced to 9850099 ~
cent, and are but sparinaiy offered in the
market. The 7'30 currency loans are in steady
request at lO34@lO3b u cent"
The New York Tribune this morning says:-
"Money is quoted irregularly. Most houses
pay soc per cent, but there are exceptional
Cial paper no change. Prime is scarce, and can
be had at low rates. Long engagements are not
in favor. Exchange is higher since the Persids
arrival, and regular drawers fully control the
market. The rates are:-London, prime
bankers, 60 days, l094@l095; London, prime
bankers, sight; ll05@l1Os; London, prime COM
mercial, l07@l084; Paris, bankers, long, 5'1l}04
werp, 512405'll4; /; Swiss; 5'13f@5 III; Hamburg
373; Amsterdam, az; Frankfort 43; Bremen, 79@
794; Berlin, "a"
In reference to the market for American Sc
cu1ties, Messrs. Satterthwaite d Co. thus
report:-
THE London market for American securities
has, since our last, been subject to some con-
siderable fluctuations. Towards the close of
last week, on the anticipation that advices from
New York would report further decline IN
gold, prices were we'll maintained, and United
states tlVe-twenty bonds were freely taken uD
at &c; but on the arrival of the Nood Sootian
yesterday, with the unexpected intelligence of
an advance of Is per cent. in the premium on
gold, quotations gave way quite per cent, but
from this point have rallied to 6446064f, the set.
tement OF the account developing q short sup
ply of stock. Illinois and Erie shares have been
affected from the same cause as Five-twentles,
but have also rallied from the extremely low
prices which they at one time touched, and
close 733@748 and 3s@3s4, respectively, but not
SO hrm at these quotations as they appeared at
one time TODAY"
..-Neill Brothers & Co.'s Cotton Circular per
the Jana, says:-"The weather has continued
favorable, with scarcely an exception, in all
parts OF the cotton-growing country, and the
contrast presented by our correspondence this
week with the disheartening reports received
few weeks ago, is extremely satisfactory Many
persons who then advised, and no doubt
honestly believed in, total destruction of their
crops, now write quite cheerfuIly of their pros
poets, so great a change does the more favorable
weather produce. not only on the prospects,
but also on the spirits of the planters. It seems
now 10 be admitted that the injury, although
great, was, as we wrote at the time capable of
being, to a considerable extent, repaired by
favorable weather.
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De Haven Bro. No. 40 s. Third street.
FIRST BOARD
$4,000 (Ifv 6s oIduofs OIL GOOOO NJ Do