The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-23
FINANCE AND COMMERCE
OFFICE OF THE EVENING TELEGRAPH, |
Wednesday, May %, 1866. (

The Stock Market was rather more active this
morning; but prices we're unsettled and droop-
ing. Railroad shares are the most active on the
list Northern Central sold at A, no change;
Reading at 53f@53 s1-lOO a slight de-
cline; Catawssa preferred at 27g, a de-
cline of /; Camden and AmOoy at
129, no change; North Pennsylvania at 38, no
change; Lehigh Valley at 615, no change; Phi
ladelphia and Erie at 3l@3l4, the former rate
decline of g.; 54b was bid for Pennsylvania Rail
road; SO for Little schuylkill; 56i tor Minehill;
q for Elmira common; and AZ for preferred do.
Government bonds are in tair demand at the
decline 5-2Os sold at 1OOi@lOl, decline of /;
6s of 1881 at 1854, no change; 1905 at 1O2, no
change; and 1040s at 95, decline of Z.
City loans have again declined; tue new issue
sold at 951@96 the former rate decline of IL.
City Passenger Railroad shares are rather
lower. Thirteenth and Fifteenth sold at %,
decline of j; Hestonvllle at 2O@204, decline of
4; and Second and Third at S5, no changes So
was bid for Tenth and Eleventh; 56 for Chestnut
and Walnut; and 26 for Girard College.
Bank shares are unchanged l40 was bid for
First National; l39 for Philadelphia; SO for Com
mercial; 30 for Mechanics' 81 for Penn Town :
ship; 80 for Manufacturers and Mechanics; G2l
for City; and 4O3 for Consolidation.
In Canal shares there is very little movement.
Schuylkill Navigation common sold at 81; 394
was bid for schuylkill Navigation preferred; 81
for Lehlgh Navigation; ll74 for Morris Canal
preferred 10 for Susquehanna, Canal; 53I for
Delaware Division; and 654 for Wyoming Valley
Canal.
Oil shares continue very dull. Ocean sold at
Z, an advance OF /; and Tarr Homestead at l.
Gold continues in good demand, and prices
have advanced 2@3 per cent. About 100000
sold this morning, opening at 1885, advanced
and sold at 134l at IL O'clock; 1864 at IL NJ. !;
and 1855 at p. NJ.
The New York Tribune this morning says:-
be steamers and the large additional sales
OF go d by the lIeasHry have wholly reversed the
condition OF the money marK ct, and ns'ead OF Iu
supply at " cent, thele is a sharp demand at W
cent on call, and Othlng doing IN best commercial
paper under 6(D9 W cent. Loans on gold are no,
popular at the CITY banks which do not ire to part
with their Clearing Ouse certificates TO meet cheeks
drawn by their specu ating debtors. The Treasury,
by s sales of gold and the payment of its temporary
loans, will make q saving in interest and get out OF
execution class OF obligations payable spec 6cally
IN legal tenders The City banks will now do sem
slble thing bY making National bank notes medium
OF settling balances At the Clearing House, as the
Government plainly does not lnteAd TO continue IN
use, for their convenience class OF certificates
payable in a currency different IRON that used with
its other creditors. There was q brisk demand for
money up 10 the ose of business hours among STOCK
houses, Seven per cent IN gold has been paid for
accommodations, and commission with Z per cent
in currency"
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY