The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-04-24
FINANCE AND COMMERCE.
OFFICE THE EVENING TELEGRAPH, |
TnC1dAY. Anril 2l 1866

The Stock Market opened very firm this morn
ing, and prices have an upward tendency.
Government bonds are in good demand at a
further advance. 1905 sold at lO1k. 1864 was
bid for 5-2Os, an advance; l07 for 6s OF 1881, an
advance of l; and 94j tor 10-4O7 an advance of {.
City loans are in good demand at full prices; the
new issue sold at 943 a1d old do. at 80.
Railroad shares ere without change. Penn
sylvania sold at 56l, no change; Reading at 52k
@52C9, a slight advenCe; Catawiss1 preferred at
32, no change; Philadelphia and Erie at 34l no
change; and Elraira common az 30; SO was bid
for Little Schuy,kil; 5Aq for Norristown; 55 for
Minehill; 81 Ior North Pennsylvania; 81 for Le-
high Valley; Ala for Elmra preferred; 81 for
Catawssa common; and L5t for Northern Cen
trail
City Passenger Railroad shares are in fair
demand. Thirteenth and Fifteenth sold at l94;
and Hestonvilie at 49,; Il was bid for Second
and Third 40 for Fifth and Sixth; 50 for Tenth
and Eleventh; 35 for Spruce and Pine; 6S for
West Philadelphia; 25 for GI-ard College; and 35
for Union.
Bank shares are in demand, at full prices.
Farmers and Mechanics sold al 1864, and Me-
chanics' at 29b; 206 was bid for North America;
l404 for Philadelphia; 80 for South wark; SO for
Penn Township; 55 for Girard; 70 for Western;
90 for City; 615 for Corn Exchange; and So for
Union.
Oil shares are dull with the exception of
Ocean. About 800 shares sold at from 7l@1S,
the latter rate an advance of ! on the closing
price last evening.
The New YORK Tribune this morning says:-
Exchange I31 is ,O-f finer and leading Sterling
sight, l08B0l0S8; Paris at sixty days, $3.50
526} do. at short sight, 5'224@5'2ll: Antwerp,
5'3O@5264; Swiss, 5'27t@5'25; Hamburg, $500
500 Amsterdam, 40bC l05; Frankfort, 404Q40S;
Bremen, 77@77i; PrDssian thalers, 7O@76S
money has not been so abundant in Wall
street for a long time on CALL ana at per cent.
there is more than sJock houses can use. On
Governments is taken, and still lower rates
are reported in some cases. The impression
prevails that the Treasury intends to make
money market upon which 8 per cent, bonds
can be floated. For commercial paper che rates
are 6@7 Ter cent, and 500 per cent for good
bills. The bank statement shows further gain
in legal-tendeis and deposits, with decrease of
loans. The flow OF currency 10 the Atlantic
cities continues, and until it cease; borrowers
OF money will be.able to make their own terms.n
The New York Herald this morning says:-
'"The supply OF Money continues superabundant
ct 45@5 per cent. for Stock Exchange loans on
railway and miscellaneous collaterals, and 3k0D
on Governments. The statement of the asso-
ciated banks Tor the week is highly favorable,
and indicates the extreme ease which pre-
walls at this centre. The deposits show
turtner increase Oh 93,ooo,lUJ, owing 10
the interior exchanges being still in favor of
New York, esp cially as concerns the West, and
the legal tender notes a corresponding increase
of So 692, 3lS. The circulation presents the natu-
raj but unimportant increase of $3ll ,876. The
difficulty OF employing all the capital seeking in
vestment is shown by decrease OF 81, ,942, 1856 in
the loans, while the scarcity of coin as compared
with the demand for immediate use is indicated
by the decrease of ST. $50 666 in the specie line.
The entire amount in the banks is now only
$0,495, 403."
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported pY De Haven Bro No. 40 s. Third street