The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-09-12
FINANCE AND COMMERCE,
OFFICE OF THE EVENING TELEGRAPH, [
Wednesday, September II, 1866.

MeuneSuhY, september IL, foOOs
The Stock Market was inactive this morning,
but prices were frmer. In Government bonds
there was no material change to notice. NeW
5-2Os sold at 1884; 6sof 1881 at Ill; and 1O40s at
9sg@9sG l1Os was bid for old 5-2Os, and 1055@
LOG for June and August 1905. City loans we're
rather dull; the new issue sold at 992, slight
decline, and old do. at 95a, no change.
Railroad shares we're the most active on the
list. Pennsylvania Railroad sold at 81, a
slight decline; Reading at 57l057B, an advance
of 4; Minehll at 81, no change; North Pennsyl-
vania at 4OJ, slight advance; and philadelphia
and Erie at 334 no change. 127 was bid for
Camden and Amboy; 373 for Little schuylkill;
60 tor Norristown; 65 for Lehigh Valley; 80 for
Elmra common; AZ for preferred do; 399 for
Catawissa preferred; and 46g for Northern
Central.
City Passenger Railroad shares were firmly
held. Union gold at 42l; ss was bid for Second
and Third; 46 for Fifth and Sixth; $50 tor Ches-
nut and Walnut; 63@ tor Tenth and Eleventh;
6sI for West Philadelphia; lss for Hestonville;
80 for Green and Coates; and q for Girard
College.
Bank shares continue in good demand tor in
vestment, but we hear of no sales. 81 was bid
for Seventh National; 226 for North America;
chanics'; 32k for Mechanics; 55 for Penn Town
ship; IS tor Girard; 80 for Western; 80 for Manu-
| facturers' and Mechanics; 70 f,r Bank of Com
merce 100 for Tradesmens; 81 for City; 4l8 for
| Consolidation; 554 for Commonwealth; So for
| Corn Exchange; and 64B for Union.
In Canal shares there was nothing doing. 2s
was bid for Schuylkill Navigation common; 36b
for preferred do; 81 for Lehieh Navigation; 100
for Morris Canal preferred; l3i for Susquehanna
Canal; and Sc for Delaware Division.
Quotations of G0ld-lO5 A. NJ, 146i; II A. NJ,
l45E; IL NJ, l45@; p NJ, l45g.
The reduction of the Bank of England rate
| of discount to six, and subsequently to FIVE per
cent, is proving very favorable to the increase
OF its reserve both in bullion and notes. and the
| bank is now in an unusually good posltio1 The
| effect OF the removal OF the restrictions imposed
by the ten per cent rate affords practical evil
deuce that national laws are better than arti-
fetal measures in regulating everything relating
to monetary affairs.
In Peels act limiting the circulation of the
baak was repealed il would be a step in the
right direction, and with the progress oil en-
lightened opinion upon financial questions, 1t
is likely that the bank viii be left to manage its
own business in It's own way without Parlia-
mentary impediments.
-Consols and American securities were quoted
| as under in London on Mon day last, and on the
previous dates mentioned:-
Sept. 4. Sept Sept. 10
| Consols. ....,....,...'...'. '.''o94 "a 5S3
United States fve-twentles. .73i 70 73l
| Erie. ACKNOWLEDGEMENT AZ 49, 40
| Illinois Central. ......,..,....793 rs 70a
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De Haven & Bro. No. 20 s. Third stree
BEFORE BOARDS.
100 sh Reading Railroad. d.................,,b bio 81
FIRST BOARD
$500 US IS 81 reg. Ill. $500 g. & Am, Is, e. 81
ssSS SSS d6 I9aos coup & s s. GRn p Pas + =
5000 US5-2Os 65coup10St 50 sh do...,.s5 81
$3.50 do.l862 reg 1875 80 sh do ......s5 81
| SlC0 City Is n, 99l 20 sh do.......c 81
! 500 do.......... 994 100 sn Reading X. 57'5t
| 500 do. nun 99b 100 sh do. .s60wn 81:
| $500 DO. nun 999 200 sh do. .lotsb30 67l
$500 DO. 80, old 95B sh Mmebill. .... 81;
$2400 do old lots. 955 10 sh Pa r.. b6 40j
| 500 Sch Nav b L.. so 100 shsPh & e.. .....c 49,
| $500 Sch Nav 6s SO. 81
.-Messrs. DeHaven a. Brother, No. 40 South
| Third street, make the following quotations Of
the rates of exchange to-day at P. NJ. -
| BuNng SeIltR0
| American Gold. ................,,.....H5A 145
| American Silver, 5s and 4s..,,..........13 1873 :.
| June, 1854. 10 .
| July, 1854. -. 145 =.
| August 1884. -. IA E.
| October, 1854. 80. 10 =.
| Dec, 1854. =. III .,
| May, 1866. -. OK =.
| August, 1855. -. 81 =.
| Sept 1867.