The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-02-27
FINANCE AND COMMERCE.
OFFICE oP THE EVENING TELEGRAPH, !
Tuesday, February u, 1866.

AucsuhJ1 rSUIuhtJ lfi loOO.
The Stock Market opened dull this morning,
but prices are steady. In Government bonds
there is very little doing. 7'9Os sold at 90. 1O4
was bid for 6s of 1885, 1925 for 5-2Os; and 93q for
10-4Os. State and City loans are unchanged.
Pennsylvania IS sold at s6q; new City 6s at CLIO
9lb; and old ditto at s74.
Railroad shares are the most active on the list.
Catawissa preferred sold at 3240D32l, an advance
OF 4; land common do. at 26026l, no change;
Pennsylvania Railroad sold at 81, an advance of
4; Reading at 5Ot Minehill at 544, 10 change;
and Philadelphia and Erie at 30sD90k, slight
advance. III was bid for Camden and Amboy;
300 for Little scbuylkill; SO for North Pennsyl-
vania 62b for Lehigh Valley; 26 for Elmira com.
mon; 80 for preferred do. and 49, for Northern
Central.
City Passenger Railroad shares are without
change. Spruce and Pine sold at 35; 73 was bid
for Second and Third; IL for Seventeenth and
Nineteenth; 6s for West Philadelphia; 3I4 for
Hestonville; 25 for Girard Colleges; and 2i
for Union.
Canal shares are unchanged. Lehigh Navi-
cation sold at 81; 20 was bid for Schuylkill
Navigation prefeIred; LA for Morris Canal pre-
ferred; IL for Susquehanna Canal 80 for Della
ware Division; and 81 for Wyoming Valley Canal
n Bank shares are filmly held, but we hear of no
sales. 2O4 was bid for North America; lao for
Philadelphia; l22 for Farmers and Mechanics;
55 for Commercial; 2S5 for Mechanics; 81 for
Girard; rs for Western; 81 for Manufacturers
and Mechanics; 62 for City; 40 for COnsolida-
ton; 90 for Corn Exchange; and 55 for Union.
In OIL shares there is little or nothing doing.
The New York Tribune this morning says:-
Balances late in the day were offered among
bankers at per celt.; but lenders among the
banks and bankers had no lack OF borrowers at
this rate on call In commercial paper there is
no change, for the better and best names pass
at 79@S; good at SOLO; fair at l0i9l5 per cent;
and some as high Is per- cent The bank
statement shows a further contraction of legal
tender and large decrease in deposits. Long
engagements for money are avoided, and mode
rate interest with safety is the rule with lenders
in and out of bank.
Currency has commenced to flow from the
West to New York. There is little produce
coming, and The indications are that rates for
money IN the western cities will be higher than
have been quoted ier some time"
The following is from the Cotton Circular
of Ne1ll Brothers Co., dated New Nork Febru'
airy 2l:-The writer recently arrived from the
South, and has not since had time to look very
closely into the statistics of the trade. Our last
circular was dated the 10Th of January, at New
Orleans. Up 10 nearly that time IL had been sup
posed that conjunction of open rivers from all
points might, Tor few weeks, bring in receipts
of 8O,O 900 10 900 bales weekly, and greatly
depress the market But it then became evident
that although the receipts might, for few
weeks, be maintained on their previous scale,
the exhaustion of the main lines OF communca-
tion was such as to probably balance any further
increase in the supply from the tributaries. This
is just what has since occurred, although the
Red River, VIII ch was then falling, has since
been up and delivering some quantity. The
total receipts amount to about 1,75O,O 900 bales
since the end OF the war. and we see no reason
to doubt that the further receipts will reach or
exceed 100000 bales, carrying the receipts up to,
or perhaps rather over, our estimate of 2, 100000
bales"
The Chicago Tribune of Thursday remarks OF
monetary anairs:-
"The money market to-day was very quiet.
| Notwithstanding the fact that all obligations
| due tomorrow had to be met to-day, no partIcu
| lar pressure was felt on the market and cur
rency was reported to be easy at 10 per cent. per
| annum. Street rates were steady at 13lD2 per
| cent. per month but the transactions at such
| rates were very light
Eastern exchange is in active demand, and
| firm at par buying and lilo premium selling.
| Roupd lots were in demand am Jng bankers at a
| premium of 90 cents per thousand. The supply
| is scarcely equal to the demand, and so ne OF
| the bankers have had to express currency to
| New York within the past two days."
| PHILADELPHIA STOCK EXCHANGE SALES To- DAY
Reported by De Haven Bro, No. 40 s. Third street