The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-06-06
FINANCE AND COMMERCE
OFFICE OF THE EVENING TELEGRAPH,
WnAneslnY Inne G l9RR-

The Stock Market opened very dull this morning
but prices were steady. Railroad shares continue
the most active the list. Cataws'a preferred sold
largely at from 26d26 slight decline the closing
price last evening; Pennsylvania ulroad at 543
slight advances Lehigh Valley at 62l no change;
Reading at Co. no change; and E'mra common at
go 129 was bid ior Camden ana AmOoy; 395 for
Lit lie SchuYlki; 30 tor N9rr stown; 56j for Nine
hill; 38 for North Pennsylvania; ~ for Emlra pre-
ierred 81 for Philadelphia and Erie; aud 43l tor
Northern Central.
EGoveTnment bonds are unsettled and rather lower
20s sold at 102; and 3Os at 1921 949 was bid for
1040s and 1904 tor 6s OF 1881 City loans are IN air
demand. The new sold at 96I, an advance
of J.
In City Passenger Railroad shares thore is very
little dong. HestOnvie sold at 49, an advance of l.
q was bid for Thirteenth and Fifteenth; 3S for
Spruce and Pine; SO for West Philadelphia; 125 for
Ridge Avenue; and 384 for Union
Bank shares are UNCHANGED Philadelphia sold at
141; and Commercial at 90. 40 was bid Tor FIRST
National; 222 for North America; 1924 for Farmers
and Mechanics; 30 for Mechanics; 62I ior Glrard;
so Tor Western; "a for City; 63 for Corn Exchange;
and So Tor Union
IN Ca, al shares there is very little movement
SchuYlkill NAVIGATION preferred sold at 33I no
change. 26I was bio Tor SchuY kill Navigation com.
mon 55 for Lehigh Navigation; l20to Morris Canal
preferred; 10 for Su'quehaIna Caual; and 90 for
De aware Division. ..a.
Oil shares continue very dull, Ocean sold at 81,
no change.
The New York Herald this morning says:-
"Tne financial gloom and dIstrust prevailing
abroad have inspired ONE persons on This side of
the Atlantic with a feeling of dread and inse-
curlty which is entIrey unwarranted Because a
severe revulsion has been experienced in Europe
they fear that similar revusiOn NAV be felt here
and therefore assume an attitude of preparation
for the worst. But there is less danger of flnan-
cial revulsion in this country tnan there ever
was before, 1or the SIMPLE reason that a
paper money basis without making any attempt to
materially contract the currency, which Is still being
swelled by the national bank issues. Our none
market is practically beyond the influence OF trans
atlantic monetary affairs and had 1t not been for
the iDjudiclous sales of gold by the treasury, 1t
would have been in nowlse disturbed by the recent
panic in England although the latter was almost
unprecedented in severity. Had we been, however
on specie basis, all the banks in the country would
have had TO suspend payment, and herein lies the
difference between our normal and present position,
which as secure as 1t possibly could be from foreign
Influences"
The New York Tribune this morning says:-
'Noney continues easy at 6G1 per cent call,
with the bulk OF transactions at per cent. Some
frs class parties. The demand for foreign exc lange
active, and rates higher throughout, especially
tor bills the Continent. The transactions shoot
bills are epeclally arge there u.s. no Never, better
bills on London have sold at 1O93G110 The follow
ing are the current quotations;
"LopeOn. pr me bankers 80 ds., 1092dl10; London,
prime bankers, siPht, l1lGll14; Paris, bankers,
long 083 Paris. bankers short, 05 Antwerp,
3 10; Swiss. 10; Hamburg, SIT. Freiehts have ad.
Vanced The engagements to Liverpool are 100 tons
logwOod at los and per steamer, 10 900 bushes.
Corn at Cid. To LOndOn-2S0 900 bushels. Corn at
5d6Id. 10 Bremen 60 hhds tobacco at 12s, Cd; 100
tons oEwood at los, and 200 bbs shoe pegs at Is.
Two briRs 10 Cork and market, with corn at IS. A
big TO ondon, with petroleum.; one % Liverpool,
with 1900 barrels petroleum.; botn at round sum"
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De Haven bro, No. 40 s. Third street