The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-03-09
FINANCE AND COMMERCE.
OFFICE o THE EVENING TELEGRAPH, !
FRIDAY. March o Ia66


The Stock Market continues very dull and
prices unsettled and dropping, owing to the de-
cline in gold Government bonds are firmly
held, but the transactions are limited 730s sold at
9si@999 for June and August; and 5-2Os at 1O3
1O4t was bid for 6s of 1881; and 9Os for 1O4Os,
coupons Of. State and City loans are without
change. Pennsylvania SIS sold at s520s6l and
new City 6s at 90A
In Railroad shares there is less doing. Cata.
wissa preferred sold at 81 l0Sls, the former rate
decline Of /; common do. at 221, decline Of !;
North Pennsylvania at s5I no change; and
Northern Central at 44l, no change; Il5 was bid
for Camden and Amboy; S3t for Norristown;
1881 for Reading; 55 for Pennsylvania; 5lI for
Ninshill; 81 for Lehigh Valley; 26 for Elmra
common; and 20 for Philadelphia and Erie.
City Passenger Railroad shares are dull, with
the exception OF Hestonville, which sold largely
at S25QS3l, q slight decline. so was bid for
Tenth and Eleventh; 10 for Thirteenth and FIT.
teenth; and 124 Tor Ridge avenue.
Bank shares continue in good demand at full
prices. Philadelphia sold at 14l. 2O5 was bid
for North America; 122 for Farmers and Me.
chanics'; 55 for Commercial; 80 for Northern
Liberties 2S4 for Mechanics; 100 for Kensing-
ton; 81 for Penn Township; 52l for Girard; 81
solidation; 62t for Corn Exchange; and IS for
Union.
In Canal shares there is nothing doing. 81
was bid for Schuylkill Navigation common; 2s
for preferred do; 90 for Lehigh Navigation; ia
for Norris Canal preferred; 10 for Susquehanna
Canal; 81 for Delaware Division; and SO for
Wyoming Valley Canal.
Oil shares continue very dull. Sugar Valley
| 11I@l19.
The New York Tribune this morning says:-
Money on call is COZ per cent, and was
| offered among brokers at the lower rate. In
| commercial paper there is more doing, but rates
| are we'll sustained. Best names pass at 7@174,
| good at 500, and ordinary at 100l5 per cent. In
| exchange little doing. Leading names at go
| days are held at 1885,. Commercial bills, 1870
1914 France 5'2ll@51sl The business of the
Sub-Treasury was:-Receipts, ST, 765, l4216; for
| Customs $271, 900; Payments, $l,600 94250;
on Account Loan, $l2,500; Balance, $s9,375,-
| 636'95; Com certificates, $424, ,OO0."
| The Chicago Republican says:-
| ''The decline in goldFs causing good deal of
depression in the general markets, and business
in trade circles is very dull. Buyers are pur-
| chasing only 10 the extent OF supplying imme.
| diate wants. The impression seems to prevail
that gold will decline to 125, and further de-
probation in all commodities OF produce and
merchandise is anticipated. The money market
| is close and firm. The bankers are pur-
suing a very cautious and conservative course,
| and IN all cases refuse to place at discount any
| paper which is not FIRST class. Advances on pro-
| duce paper are made only at wide margins. The
| current rate of interest is 10 per cent. On the
| street money is loaned at l@2 per cent. per
| MONTH"
| The Diamond State Bank is the name of a
| new institution recently established at Seatord,
| Delaware. Its notes are redeemed at the Third
| National Bank of Philadelphia.
With reference to the market for American
securities, Aessrs. Satterth waite i Co. report:-
''The business in the London market for Ame-
| riean securities has been on a limited SCALE but
| with tendency TO improved quotations. espe-
| cially in United States $40 bonds, which close
6ss to 60. For Illinois and Erie shares there has
| not been any great demand but where buyers
| come forward higher prices are demanded, and
| they both leave of at an advance over last week,
Illinois being last quoted 7e4 to 764 and Eres So
to 53l. The low quotations for Atlantic and
Great Western bonds have brought in some
buyers, and we have to note an improvement of
81 in Pennsylvania Section First and New York
Second Mortgage"
SALES AT PUBLIC STOCK BOARD TO-DAY.
Reported by S. G. johnson, No. 1913 Walnut Street
| FIRST CALL.
400 sb McChntock :. "a 800 sh Phllips,...,..
100 sh Ocean. .bso III 200 sh do. ..b3O ]
| 100 sh Am 9m Ptb6
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De haven & bro No. 40 s. Third street