The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-04-02

ECanal shares are in fair demand. Lehigh Ma
vigation sold at 528, no changes 81 was bid for
schuyldll Navigation common; 20 for preferred
do; ll44 for Morris Canal preferred; 12i for
susquehanna Canal; As for Delaware Division;
and SO for Wyoming Valley Canal.
Oil shares continue dull and irregular. Ocean
sold at s@sl, the latter rate an advance of I,
and Maple Shade at IL, decline of 4; was bid
for McElheny, and 24 for Sugar Creek.
The New York Tribune this morning says:-
money was more active, and some business
was done at 6 per cent The per cent loans
we're alike undisturbed in most cases. For
mercantile paper the rates are unchanged.
There is little per cent. paper making, aud
not much demand for il. Good names pass at
500, and ordinary at l0@l5 u cent. The re-
cent failure, which, as time passes, is shown to
have been more serious than when first an
nounced, has made lenders cautious, and safety
rather than high rates for money Is the rule. It
is a fact beyond question that the banks of the
country, as whole, are too much expanded,
and have as securities too many certificates re-
presenting gold, coal, copper, and petroleum
enterprises" and railways of very doubtful
value. Banks who do not court this class of
traders have their pocketbooks full of credits,
placed on goods bought at high prices, to be
sold at loss, or have invested their funds too
largely in Government stocks, which are not
money, or loanable,n
The Pottsville Miners Journal of Saturday
says:-"The quantity of coal sent by railroad
this week is go, l67'05; by canal SO 834; tor the
week, 81, 10l'07 tons, against SS,597 tons for the
correspo ponding week last year. The shipments
are heavy for the week, and prices rule low, in
many instances below the cost of production for
some Sizes Of course this cannot continue
long. The trade sums up this week as follows,
compared with last year, 1865, 100, III; 1866,
l77,767 Increase, 27,596. Prices have declined
shade AT the shipping ports since last week.
This is caused by the large supply sent to mar
ket, which Is In excess of healthy demand.
Coal Is now selling as low as it did in the first
year of the Rebellion AT the rates quoted it
will not net to the operators here over $3.50 to
S2'75 ton. With the present wages coal can
not be mined at these prices, except in a few
favorable localtieI, nor do we see how wages
can be reduced much with the present prices of
lIviug.n
The value of the imports at Boston for the
week ending March 81 was Sl,600,000, and the
duty upon them will probably be nearly
SS0,000.
The Third National Bank of Buffalo has been
designated as Government Depository during
the week Just closed. Theltotal number is now
four hundred. The only National bank autho-
Iized during the week ending March 81, 1885, is
the Miners National Bank Of Salt Lake. Great
Salt Lake. Total number of national banks
now in existence 1644. Amount OF national
currency issued during the week ending March
81, 1865, ST, ,430,S00. Amount of national cur
rency previously issued S262, ,Sl6,370. Total to
date, S264, ,247170.
PHILADELPHIA STOCK EXCHANGE SALES To- DAY
POI np Hav q. tSrn No Az h;rdo ctr