The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-06-12
FINANCE AND COMMERCE
OFFICE OF THE EVENING TELReRAPH,
Tuesday, June IL. 1864.

Tuesday, June IL, 1866.
The Stock Market, as we have noticed for
several days past, continues very dull, but
prices are steady. Government bonds are firmly
held. 1O-4Os sold at 9e4, an advance of I. 1924
was bid for 5-2Os llO for 6s of 1881; and 1924 for
1905. In State and City loans there is little or
nothing doing.
Railroad shares continue the most active on
the list Camden and Amboy sold at l29S an
advance of 4; Pennsylvania Railroad at 6lf, a
slight decline; Philadelphia and Erie at 9IM3I5.
the former rate decline of 1; Reading at "a
69-000@54b, no changes and Catawissa preferred
at 26a@264, the latter rate an advance of 4; 66}
was bid for Mnehlll; 3s4 for North Pennsyl-
vania; 81 for Lehigh Valley; 43 for Elmira pre-
ferred and 43l for Northern Central.
In City Passenger Railroad shares there is
nothing doing. S5 was bid for Second and
Third. 214 for Thirteenth and Fifteenth, SO Tor
Spruce and Pine, SO for Chestnut and Walnut,
ls2 for Hestonville, 9Ol for Green and Coates,
and 81 for Union.
Bank thares continue in good demand for in
yestmeut at full prices. Western sold at so, and
Farmers and Mechanics at 1235; 14O was bid
for First National; 200 for North America; I4I
for Philadelpha; SO for Commercial; 3Ok for
Mechanics; 95 for Kensington; so for Penn
Township; SO for Girard; 80 Tor Manufacturers'
and Mechanics; and 5s for Union.
Canal shares are firmly held, bat we hear OF
no sales. 20 was bid for Schuylkill Navigation
common; $50 for preferred do; IS for Lehigh
Navigation; 100 for Morris Canal preferred; 10
for Susquehanna Canal; and SO for Delaware
Division.
Oil shares continue very dull. Ocean sold at
Ct, no change.
The New York Tribune this morning says:--
Exchange is dull, and buyers are asking 10 Ner
rates. The quotatlons are -London, prime bankers,
mOI9ii1; PARIS, bankers long, 6IIj; PARIS,
bankers, short, sO7I; Antwerp, 2995114; Swiss,
SlS95i H1%o&rg ss1!9S1 s! A%S,steTdda% 1S,1d al
offered TO stock hOuses IN laIge at per cent
and accounts are made up with much care. In COM
rates accepted tor prime snort bills. The specu-
IatIve demand for capital Is small ana there is
disposition among stock operators to make large en-
gag ments In any direction"
The New York Times this morning says:-
AN Albany banking correspondent writes as fo.-
lows appropriate to our sugge.tien of last week
regard to the refusal of local Bank notes after the
LIST of july =
The law cannot be evaded by any such dodge as
using individual gents All interior banks of this
State Obliged to re- eem ihrOu0h appointed agen-
cies the r circu alton and when thus redeemed ii
cannot be relssued. Indeed no bank can take alter
July any Slate bank bills and pay them out in any
form, without incuIrng the ten per cent penalty.
They must be sent home to the respective banks, or
to their pointed agencies tor redemption. Depend
deeming agency, having no motive but desire to
oblige it. correspondents would be slow to evade
the law even in the absence of so severe penalty.
And the same may be assumed in regard to all re-
deemlng agencies"
The extent of the improvement in British
consols and American securities on the London
Stock Exchange, reported by the last steamer,
will be seen by the folio wing table of prices on
May "a and rs, and June IL