The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-06-19
FINANCE AND COMMERCE.
OFFICE OF THE EVENING TELEaRAPH,
Tuesday, June 10, 1866.

y
The Stock Market continues very dull, with
the exception of Government bonds, which
are in demand at further advance. lO-4Os sold
al 964 an advance Of a. and 1905 at 1929, an
advance of 1; 1885, was bid for 5-2Os; and llOI
for 6s of 1881. State and City loans are quiet.
New City 6s sold at 81.
In Railroad shares there is very Ii title doing.
Catawis:a preferred sold at 258, no change;
Pennsylvania Railroad at 55, no change; Read
ing at 54361542, no change; and Philadelphia
and Erie at 81, decline of 4 on the closing
price last evening; 1891 was bid for Camden and
Amboy; 3st for Little schuylkill; 55 for Norris
town; 569 for Minehill; Ss for North Pcnnsylva-
ma; ga for Lehigh Valley; 4S for Elmira pre-
ierred; and 43 for Northern Central
City Passenger Railroad shares continue
dull. Hestonvile sold at lS5@l0, slight ad-
vance; sc was bid for Second and Third; so for
Tenth and Eleventh % tor Thirteenth and FiE
teenth; SO for Chestnut and Walnut; 80 tor
Green and Coates; n Tor Grord College; 80 for
Union; and l3 for Ridge Avenue.
Bank shares are in good demand for invest
ment. at full prices. Farmers and Mechanics /,
sold at 124; 14O was bid for First National; l4O
for Philadelphia; $50 for Commercials; 90t for
Northern Liberties; 80 for Mechanics; 80 for
Penn Township; 524 for Girard; 80 tor Western;
80 for Manufacturers and Mechanics; "a for
City; Al for Consolidation; and so for Common
wealth.
Canal shares are firmly held Lehigh Naviga.
ton sold at 572, an advance of 1. 26B was bid
Tor Schuylkill Navigation common; 81 for pre-
ferred do; 12O for Morris Canal preferred; IA for
Susquehanna Canal; and 54l for Delaware Divi
sion.
Gold continues exclted-opening at 157, fell off
and sold at 155 at 1Os o'clock; 154 at H. 1491 at
~ NJ. and 15I at / P. NJ, a decline of 81 on the
closing price last evening.
The New York Tribune this morning says:-
"The money market is easy, and call loans are
abundant at 4lI5 DER cent. In commercial paper
change; best names selling at 595k, and good at 69
81 pei cent The bank statement shows q large loss
OF gold and increase of legal tenders The loans
| are reduced slightly"
| The China at Halifax, with London dates to the
9th brings the following quotations ;1Consos closed
shares, 1916; Erie shares, 40ttd405.
The Cincinnati Gazette OF June l6 says:-
"Some of the banks gained in currency to day,
and the under-current IN the Money Market indi-
Gated an easier feeling; but the discount movement
| continued to show a close market, and rates OF
interest firm at 109l2 per cent in the regu ar
way With the plethora OF capital In the East, the
| estern markets must soon ease up. The wool crop
is now moving, and this III draw INTO the channels
OF trade large amount OF currency. ASIDE from
|
| little produce to ship TO the seaboard. OHIO has
| been for some time importing w1eat and hog pro-
ducts are on an average, high here as at New
| York Our dealers are finding Sou hern market
for their stock and while prices at New Or
maintained but htLIe attention Will be paid to New
| York prices"
The Chicago Tribune, June l6, remarks:-
The banks to-day were moderately well supplied
| with currency, and the Money Market was less
stringent than for some days past but 1t Is never
| theless close, and borrowers have some difficulty in
| getting good paper discounted. The bankers are
| actlns cautiously and at present they Inclined
| TO contract their discount lines Iatner than to
per cent per annum; but the street ra es rule firm
| at 1dl5 per cent. per month The demand Tor East
! ern eXcha nge to-day quite active and we have
| to report better ieeing among holders, and q
frmer market. There was falr supply at the vari-
GUS banks, but owing to increased supply cur.
| rencv there were but few sellers below par. few
| round lots were sold among bankers at lilo dis
count, but the counter rates eedy at A0ll-10
discount, buying, and par selling"
PHILADELPHIA STOCK EXCHANGE SALES To- DAY
Reported by De Haven 6 Bro No. 40 0S. Third street
FIRST BOARD
800 City rs m b.. 81 100 sh Read. .. $50 64I
| $3.50 U SL730s Aug 1929 100 sh do. 6466
| $1,000 Z g. A 6s SO. C SO 32sh dO...,,... 642
| 1C0 sh Cat pt.....s $40 265 1sh + and Nj. Blk 12i
| 100 sh Leh. Nav s6wn 57i 100 IN Ph & E,, 81
| 81 sh fenna X. Its 55 100 sh Black Heath
las sh do...... I'd 65
| -Messrs. DeHaven Brother. No. 40 South
| THIRD street, make the following quotations OF
/ he rofa nf ayn to- OF