The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-08-30
FINANCE AND COMMERCE,
OFFICE OF TUE EVENING TELEGRAPH, |
Thursday, August 30. 1866,

1uC otpCh MdIhGJ was udll tllS UOTn0U,
with one or two exceptions, and prices were
unsettled. Government bonds, as we have
noticed for some time past, continue in
good demand. New 5.2Os sold at 1O9I; old do.
at ll3l; and 6s of 1881 at 1928, decline of }.
LOG was bid for 7'3Os, and lO3 for lO-4Os
Railroad shares we're inactive. Pennsylvania
Railroad sold at 58l no change; Philadelphia
and Erie at 33S, no change: Catawissa preferred
at 35S, no change; Camden and Amboy at-l3OI,
no Change; and Reading at 81 3.l6ll574, a de-
cline OF l.
In City Passenger Railroad shares there was
nothing doing. SO was bid for Seconi and
Third; 81 for Thirteenth and Fifteenth; 5S3 for
Chestnut and Walnut; and lS3 for Hes'onvllle.
Bank shares were firmly held at full prices.
Canal shares were dull and unsettled.
Quotations of Gold-1Ot A. NJ, l4S; IL A. NJ,
147B; IL NJ. 147l; P. NJ, 147l.
The Lehigh Coal and Navigation Company
have decided to allow each OF the r present
shareholders to subscribe at par 20 the dbl
tional STOCK, allowing one share of the new
issue for every five held on the Sth of Septem-
Der. Payment must be MAJ bT the LIST of June.
1867, and 70 per cent. Wy be required at the
issue will undoubtedly cgreat, as there is no
Investment IN the land of greater security and
bett, in regard 20 It's regular dividends than
tn" Lehigh Coal and NAVIGATION. The circular
of the Company wilt be found IL our advertising
columns.
The Chicago Eoening Journal of Monday
saSs:-
There is no material alteration to notice in
the general features of the domestic Money
Market. The country banks continue to check
heavily on their balances here, and the mercan-
tile community at large are just now in want OF
a larger amount OF ca-h tor the purpose of
market is firm, anG closes at 10 per cent, even
for frst-class paper The demand for Eastern
Exchange is light, and toe market rules dull at
of one per cent. discount buying, and at par
Selling.n
The Cincinnati Daily Times of Monday
says,
portanCe to report IN relation to the discount
market. The demand tor moneV is fair, but
with liberal supply of currency legitlmate
borrowers experience no difficulty in negotiating
such accommodations as they require at 80l0
per cent. Tor tirst-class signatures and good
mercantile bills moderate amount of out
size paper is placed at l2@l5 per cent?
"A Montreal journal says ofthe new banking
scheme which is at present disturbing Canadian
fnances:-
''Tbe tenders for debentures comes in so
slowly at Ottawa, that we may consider 1t re-
duced TO certainty that the recent arrange
ment between the Government and the Bank of
Montreal for the issue Of legal-tender notes will
be acted upon Immediately after the 10th of
September next by an order in council, and we
shall soon after have Government paper IN cir
culation. The Government will remit three
millions of dollars to England, and no one will
feel the Withdrawal of the sum. The province
is fifteen millions richer than 1t was year ago,
and the interest paid in ENGLAND on the three
millions will be saved to the people here, VINO
have gathered another abundant crop-larger
even than last year's-whch viii again add to
the general wealth. The country can as we'll
afor6 to pay this portion OF their Indebtedness
at the preselt time, and save the interest. as
they could at any future period with the interest
added"
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De haven & bro. No 40 s. Third street
BEFORE BOARDS.