The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-06-20
FINANCE AND COMMERCE
OFFICE OF THE EVENING TELEGRAPH,
Wednesday, June 20, 1866.

Ane STOCK Market as we nave nOCCeu IOr some
time past, continues very dull but prices are
without any material change.
Government bonds are firmly held. 20s sold
at lOS. 96a was bid for 1O-4Os; 11Ol for IS of
1881; and 1924 for 7'S0s. State and City loans
are quiet, and we hear of no Sales
Railroad shares are the most active on the
list. Reading sold at 54t@54i, slight decline;
Penna. Railroad at 54b55@, no change; Cam
den and Ambov at 1898, no .change; Catawissa
preferred at 25s, no change; and Philadelphia
and Ere at 81 no change; 55 was bid for Nor
ristown 62s for Minehill; Ss for North Penn.
sylyania; 62s for Lehigh Valley; 43 for Elmira
preferred; and 43 for Northern Central.
City Passenger Railroad shares are in fair de-
mand. Hestonville sold at lsiDl9. Sc was bid for
Second and Third 60 for Tenth and Eleventh;
% for Thirteenth and Fifteenth; 3s5 for Spruce
and Pine; SO for Chestnut and Walnut; 70 for
West Philadelphia; 80 for Green and Coates;
and l9 for Ridge Avenue.
In Canal shares there is very little doing.
Lehiph Navigation sold at ssh no change; 264
was bid for Schuylkill Navigation common; 39l
Tor preferred ditto; 100 for Morris Canal pre-
ierred; and Ia for Susquehanna Canal.
Bank shares continue in good demand at full
prices. Mechanics sold at 300, and Commercial
at 54 140 bid for First National; 224 for North
America; 14l for Philadelphia; 124 for Farmers
and Mechanics; 80 for Northern Liberties; 81
for Kensineton; so for Penn Township;
50 for Girard; 80 for Western 65 for City; 40 for
Consultations 63 for Corn Exchange, and SO for
Union.
Gold is less active--opening at 1854; fell off
and sold at 1924 at IL o'clock; 1913 at IL M; and
1924 at P. NJ.
The New York Herald this morning says:-
There are no indications of heavy shipment OF
specie this week. and the probability that the drain
will be greatly diminished hencefOrward, even in the
event OF war having already broken out IN Germany.
For IT will be remembered that at the date OF our
latest advices although war was considered immi-
nent there was a tendency towards improvement
manifested on the London Stock Exchange while
the general opinion was that the actual cammenee-
ment of hostiities would produce a sense OF re Ief
by Terminating the prevailing suspense. Gold, too,
would soon beGln TO find its way out of the bellRe-
lent countries for safe investment in France and
England, and it is reasonable to suppose in the
Uni ed States also. The outbreak OF war and the
be Simultaneous, however much other interests
might be affected, and with war in Germany, Lon
uon would be likely to become q great speculative
market for our securities" I"
The New York Tribune this morning says:-
"Money on call IS per cent on Government COL
laterals, and sac per cent. upon miscellaneous se.
curites. In commercial paper no change. Best
short bills are sea- &C. and be used at 5@6b per
cent, with except ons at per cent Forelgn Xxx.
change is extremely uul ana depressed bt'lS az
days on London are quoted at 106d107 for CONNER
cial 107d108 for Bankers; do. at short sight, ITO;
Paris, at so days, 1905 073; DO. at short osa@
| Hamburg. 36s987; Amsterdam, 42942t; Frankfort,
48a48l; Bremen, 79gSO; Prussau lhaers, 74975
| The business of the Sub-Treasury was:-Receip 8,
| 81 905 688 18; Tor Gus oms. $343,000; Payments,
S157s,9l5 s5; Balance, $93267 o89 81; Gold noes,
$500 000 The exports (eXclusve OF sDecle) from the
port of New York to foreign ports for the week end
| ing June 10, were 50 397, 7,972"
The New York Times this morning says:-
"The following passage occurs in letter of
German friend Ia merchant OF long experiencel,
dated Bremen, june 2, per HaaSd. 1t strikngly
illustrates the view taken there IN wellintormed
German quarters that Continental war would lead
to boarding OF United States gold bearing bonds,
| in louis d'ors ana ducats, which any regimental
commander might press from the holders by forced
loans or requlsitions. A thousand ducats can be
divided up to pay regiment of thousand men,
but thousand dollar bond cannot be used IN that
way, and BESIDES IL can be more easily secreted
Therefore, look for boarding OF FIve.twenty bonds
by the Ian VneTs and peasantry of the Continent,
and tor strong investment demand by the unfor-
| tunate Englishmen who have saved something out
of the wreck OF the numerous burst-up Limited
| Corporations But TO the passage. 1t is as fol-
| low -
''A great investment d. mandIfor Five twenties Is
now setng from the peasantry and that class OF
people, especially since the looks inevitable.
They consider the stock and prObab justly so, the
salest thing to hold In suca q crlsls.'" "
| PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
nj O. Lac No swA -