The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-31

and gold, bills of exchange, Of one cent on each
500 OF the amount OF the sale or sales:-
That secuon ninety -nne be amended by striking
out all after the enacting clause aud i,serlng IN
lieu thereof the iollowng:-rnRt there snali be paid
on all sales mace bv brokers and BANKERS whet aer
made Tor the benefit of others or on their own
account, the following and rates Vt tax, that
is 10 say, upon ala sales and for the of
stocks bonds, foreign exchange. gold aud silver
bullion and coin. uncuIrent money, OromIssorY
cent for every hundred dollars of the amount
OF sucn sales or contracts; and all sales
and contracts for sale negotiated and made oy
any person, firm or company, not taxed as q broker
or banker, OF any gold or silver bullion, coin,
uncurrent money, promlssory notes, stocks bonds,
there shall be paid at the rate of five cents for
every hundred dollars of the amount of such sales
sale, as aforesaid there shall be made ana denVered
by the seller to the buyer bill or memorandum of
such sac or contract, On which there shall be
ahlXed lawful stamp or stamps in value equal
10 the amount of tax such o, to be de-
tefmIned by the rate OF tax before mentioned;
and in computing the amount of the stamp
duty or tax IN any herein provided for, any
sum 10 ss than Sl00 any tract ona part of 800 of
yalue or amount on which tax Is computed, shall
be accounted as 800 And eYerV bill or memoran.
dum OF So or contract of sale, before mentioned,
shall show the date thereof the name of the seller,
the amount of tue sale contract, and the mat
ter or thing TO which it refers. And any person
or persons liable 10 pay the tax herein provde1
or an one who acts IN the matter as agent broker
tor such person persons who shall make any such
sale or contract, deliver any stocks bonds,
DuilOu, coin, uncurf0nG money, foreign eXCnange,
promssory notes or other securities, without bill
or memorandum thereof as herein requireO, or who
shall deliver or receive such bill or memorandum
wit out having the proper stamps affixed thereto,
shall forfeit and pay to the United states penalty
OF $500 for each and every otnse where the tax so
eyaded, or attempted TO be eyaded does not exceed
SlO0, and penalty of $1,000 when such tax shall
ceed $100 which may be recovered with costs of sqis
in any Court of the United states competent urs-
dlctiOn IN the district at any time within one
year after the liability TO such penalty shall have
been incurred and oDe-haf of the penalty recovered
hall no xardp hv thn In1F tO thn
cons who in the Judgment Of the Court shall have
first gwen the information of the violation otthe law
for which recovery is had. And the provisions of law
IN relation TO stamped duties IN schedule OF the act
to which this is an amendment, shall apply to the
stamp taxes herein imposed upon sales and contracts
of sales made by bros ers bankers, and others as
aforesaid. And there shall be paid on all sales by
commercial brokers of any goods, wares or mer.
chandlse tax OF one-twentleth OF one per cent.
upon the amount of such sales; and at the end of
every month, or within ten days thereafter, every
commercial broker shall make list return to the
assistant assessor of the district OF the gross
OF such sales as aforesaid Ior the preceding month";
with the amount OF tax which has accrued OF shall
accrue there on in form and manner may no pre-
scriDed by the Commissioner o Internal Revenue,
and pay to The collector Of tax thereon before
end OF the month.
The New York Herald this morning says:-
Money has been in abun dant supply to the Stock
Exchange, at SIX per cent, and near the close of
business few balances were loaned to dealers IN
Government securities at fye The disbursements
OF the Sub Treasury continue active the balance in
the hands of the Sub.Treasurer this evening being
lO,Ooo, aEalnst I054 490 at the same
time yesterday. More than nlne millions and quar-
ter ofone year certificates have been redeemed thus
lar IN this city, and 81 OF compound interest
notes. The interest on the former, maturing in June,
July. and August, will cease after tomorrow. In
tho discount line frs cass commercial paper passes
at 6d6b y cent.
The gold market has been steady, and loans were
made either without interest or at 2d3 cent. tor
carving The opening price was 1882, followed by
fall to 1884, and a recovery to 18Ss The closing
quotation was 1885. The export bv this DAYS
steamer aggregated So 191 400 of which the JGvG
fnnk M. he Trim md fha fg
or Manchester, $55,0OO.
The New York Tribune this morning says:-
Money is steadily increasing supply to brokers,
and a. 6GD7 " cent accounts made up with great
facility In commercial paper the dealings mode
rate, at 6G6j for best short bills The pay ments on
account OF oneyear cerufcates at the Sub Treasury
are quie large and holders are reminded that IN
terest will after to-day upon all maturing in
June July, and August. The offer to redeem COM
pound notes s not awaited of largely. it is the
common oplnion that these notes WILL for the next
four months, be as profitable mode of investment
can be found
PHILADELPHIA STOCK EXCHANGE SALES T0-OAY
hu na g. RrO No