The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-04-19
FINANCE AND COMMERCE.
OFFICE OF THE EVENING TELEGRAPH, J
... Thursday, April 10. 1866


The Stock Market opened dull this morning,
and prices are unsettled. ..f..... .
In Government bonds there is very little
doing 7'SOs sold at lOl lO-4Os at 92i, an advance
of I; lO4S was bid for 5-2Os, and 1861 for 6s of
1881. State and City loans continue in fair de-
mand. Pennsylvania 5s sold at 81; new City 6s
at 922; and old do. at Ss.
Railroad shares are the most active on the
llst Reading sold at 5l5@6ls. a decline of a;
Catawissa preferred at 3OI@3Ol, an advance of !;
Lehigh Valley at 61l, no change; Pennsylvania
Railroad at 56l no change; Camden and Amboy
at 119, an advance of L; Little Schuylkill at 80,
an advance of !; Minehill at 55 no change; and
Philadelphia and Erie at 32l, no change. 54was
bid for NorTistown so for North Pennsylvania;
80 for Elmira common; Al for preferred do; and
453 for Northern Central.
City Passenger Railroad shares are in better
demand. Second and Third sold at II, slight
advance; Thirteenth and Fifteenth at l9J; and
Hestonville at 42I, an advance OF 4; 40 was bid
for Fifth aud Sixth; 5lI for Tenth and Eleventh:
5OB for Chestnut and Walnut; 25 for Girard Col.
lege; and 35 for Union.
In Bank shares there is nothing doing. 2Oe
was bid for North America; lao for Philadel.
phia; l25 for Farmers and Mechanics: %
for Kensington; SO for Penn Township; "a for
Girard 80 for Manufacturers and Mechanics;
90 fU- City; 624 for Corn Exchange; and So for
Union. .....- -... '"
Oil shares continue very dull. Maple Shade
sold at 8, and Ocean at 9t@9I, the latter rate an
advance of Z.
The New York Tribune this morning says:-
money continues abundant at per cent on
call, with loans at lower rates in exceptional
cases. For long time the supply OF money at
call has not been so abundant or cheap, and
until the Secretary OF the Treasury appears, with
his funding scheme, this state OF things will con-
tnue, as no one is inclined to make long en-
gagements while the policy OF the Treasury is in
doubt. Best commercial paper sells at 68@D7;
good at S(09, and names less well known at l0(d
10 per cent. Sterling is quoted at 1903 for lead
ing names at 60 days; Francs 5'234p .5 ifn.
The New York Euening Post says:- 'li
1--WE are informed that the debts on the east
ern division (96 miles) of the La Crosse Rail.
road, prior to the claims for advances made by
Philadelphia capitalists TO pay back due interest,
are officially reported as iollows-First Mort.
gage Bonds, $s75,0OO City Milwaukee Mortgage,
1914, 600; Second Mortgage 81, 900, 900; Cham
berlain judgments, $lOOOOOO; October Judgment
interest, S3OO,OOO. Total, S3,4S9,000."
The Cincinnati Gazette says :
''The demand for money on Saturday was
quite moderate, and the market had an easier
tone. Some OF the bankers could have taken
more good paper than was offered. Rates of
interest between bankers and their depositors
ranged from to 10 per cent, and on good
paper, in the open market, TO IL. The ex-
change market continued to work close and
rates were firm at 5O@76 premium buying, and
lilo premium selling. There was no currency
of consequence shipped on Saturday"
In the United States Circuit Court, at Buff
talo, Justice Smalley has rendered a decision in
relation to the powers of the United States AS
SCISSORS under the Internal Revenue law. He
decided, in the case of Thomas Brown, of Buf.
falo, that the Assessor has no right to renew
any assessment made by him and which has
been transmitted to the Collector and paid, and
that the Assessor has no authority under law to
regard to such returns, nor compel him to sub
NIT his books for examination, and that the
assessors proceedings in all such are q nullity
and without color of law. .-....-..r ...... 90.
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De Haven Bro, No. 40 s. Third street