The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-10
FINANCE AND COMMERCE.
OFFICE The EVENING TELEGRAPH, I
GILL;. THURSDAY, Nav 10, 1866.

.Gr THURSDAY, May TO- 1866. 81"
The Stock Market opened dull this morning,
but prices continue steady Government bonds
are in good demand. 52Os sold at 1924. 100
was bid for 6s of 1881; 1924 for 1905; and 95l
for 1O40s. State and City loans are also in
demand. Pennsylvania SIS sold at $50, and new
City 6s at 80, an advance of l.
Railroad shares are less active. Pennsylvania
Railroad sold at 54s, slight decline; Little
schuylkill at $4,000, an advance ofr5; Norris
town Railroad, 54f@55, slight advance;
Reading at 5]S, no changes Elmra, 2s; Lehigh
Valley 6l, decline of 1, and Philadelphia and
Erie at 33i. 125 was bid for Camden and Am
boy, and 9O1 for Catawissa preferred
City Passenger Railroadshares have advanced.
Second and Third sold at 50, an advance OF Q;
Thirteenth and Fifteenth at 22l, an advance of
l4; and Hestonvile at S04@3O5 81 was bid for
Tenth and Eleventh; and 3s for Spruce and
Pine.
Bank shares are firmly held a. full prices. 40
was bid for First National; 2l5 for North
America; 1879 for Philadelphia; 100 for Farmers
and Mechanics; 52g for Commercial; 2s for
Mechanics; 95 for Kensngton; and 81 Tor
Girard. ..... ..
Canal shares continue quiet. Lehigh Naviga-
ton sold at 549 an advance of 4; 274 was bid
Tor Schuylkil Navigation common; 34a for
preferred do. l55 for Susquehanna Canal; 53t
for Delaware Division; and 63 for Wyoming
Valley Canal.
In Oil shares there is very little doing. Ocean
sold at 8, a decline of IL and Jersey Well at
31.10O, slight advance.
The New York Tribune this morning says:-
money is offered freely at per cent. CALL and
brokers solicited to make SIXTY day loans az less
hon mar nnn Anil M frat IA
small, aud they can be used at 5'per cent ior best,
For good paper the rate IS 6dy7 per cent. A good
ment stocks and other choice collateras. Sterling
bills strong aud quoted 1893 Ior best at sixty
DAYS The business of The Sub Treasury ;-Re.
ceirts So 81l O76'72-for Cus,oms, S3I1 900; Pay
SO 4l4 637 80; Balance, S95 072, ,6I6 II; Gold
Notes, $7lS Co. In irelghs the the business ness, OF the
imUrovement IN the retes for grain TO London. To
Liverpool the rates for cotton are lower. The en-
gagements to day to Liverpool are 2lO00 bushels
corn 3o93bd and per steamer 200 bales cotton at
ld To London $1,000 bushels corn at AID, ana 2OSO
tons oil cake at los In charters very lite has been
done. An injunction granted Tuesday
against the Dir, ctors of the Marlposa Mining Com
pany, restraining them from increasing the pre-
ferred stock. A report that an increase would be
made was put In circulation depress II by parties
desiring to replace stock at lower IA es than those
now current" .'
The Commissioner of Internal Revenue has de.
cided that if a check is received a. a payment OF
money, or IN pay OF a debt due, the receipt
given therefor IS chargeable with a stamp duly of
two cents IT the amount exceeds twenty dollars.
lhls or course, Is In ADDITION to the stamp on the
check itself.
The Chicago Tribune of Saturday afternoo n
says:-
Business during the week has been more active
than usual and deposits at the banks nave been quite
heavy. This has rendered the money market quite
easy, and prime produce and mercantile paper in
good demand at 10 per cent. per annum. lhe sup
ply of Eastern Exchange as compared with the de-
mand is very liz hit, and tho market is firm at par
buying and /. 10 premium selling Round lot
sold among bankers to-day at a premium of 60o. rer
thousand" ....
The Richmond Wing of the 7th remarks, re-
lative to the CovingJ0n and Ohio Railroad
Company e
At the last session of the Legislature OF Virginia
an act passed. in which the Legislature of West
Virginia cOncurred providing Tor the disposal of
the State interest and franchises the COvIngton
and Ohio Railroad-on when the state before the
war, had expended three and half mIIlions OF dol
ars-and leaving the details of the disposal to five
commissioners from the State of Virginia and five
from West Virginia, On the 15t instant these COM
mssioners met In Balhm ore. Three companies con-
sisting, as are informed OF men OF recognized
pos ton and ability, appeared before the commls-
sloners with proposals and ter two or three meet
nps, the commissioners adjourned to New York TOR
lurther consideration Our information is that the
commissioners will be able without doubt to make
arrangement that will the speedy and satis
factory construction of the work-a work from which
this State has so much to hope in rebuilding her
fallen fortune "
PHILADELPHIA STOCK EXCHANGE SALES TO-uAY