The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-05-18

City Passenger Railroad shares continue in
fair demand. HestonvIlle sold at 10, no
change S5 was bid for Second and Third; IS
for Tenth and Eleventh; 81 for Thirteenth and
Fifteenth; 81 for Spruce and Pine; 30 for Green
and Coates; and % for Girard College.
Bank shares are in demand. but we hear of no
sales l4l was bid for First Nationals; 2l5 for
North America; l39 for Philadelphia; 1873 for
Farmers and Mechanics; SO for Commercial,
294 for Mechanics; 50 for Kensington: sOR for
Manufacturers and Mechanics; 90 for City; and
40 for Consolidation.
In Canal shares there is very little doing.
Delaware Division sold at 53l, a slight decline.
p was bid for Schuylki1 Navigation common:
94l for preferred; 81 for Lehigh Navigation: III
for Morris Canal preferred; l5t for Susque-
hanna Canal; and 64A for Wyoming Valley
Canal.
Oil shares are dull and neglected. Jersey
Well sold at A..
The New York Tribune this morning says:-
"Money is abundant at 4d5 per cent on call, and
good borrowers are abe to make their own terms as
TO time For Commercial bills the rates are 5605J,
and 03G68 for three or four mon hs' notes Low as
tne ra OF interest 49, no advance therein is looked
for by financial people. European war may send
back some national stocks, but not larger amount
nan can readily be paid IN gold il necessary. The
prices realized to-oay show that the last mail did not
bring any extraordinary quantty-not enough to
affect the market one per cent"
The New York Herald this morning says;-
"The disturbed condition of public affairs ON the
continent of Europe can exert no ma,eriai effect
upon the money market here, while in the event of A
ioreign war our export trade would probably be
STIMULATED, and this would involve increased traffic
earnings OF the leading railways extending west
ward. The defiant attitude Of Prussia and Austria
sign of an impending appeal TO arms There Is in
any case, no reason for apprehension that the value
Oh railway property Will be at all impa red or that
prices will permanently decline IN the United states
because OF what may transpre III The World
we were on specie basis no longer apply, except TO
god and foreign exchange and their immediate ia
fuences."
The Cincinnati Commercial says:-
Exchange is scarce as ever, with little or none
count demand for money fe off to-day as compared
with few days past though the general tenor Il
the market remains as 1t was"
The Chicago Tribune says:-
The money market to-day was quite active. ana
business generally throughout the city was brisx
There was an Improvement in the demand for dis
counts but the market IS still easy, and bankers
are willing to accommodate good customers at 10
per cent per annum. Inferior paper is dIscounted
on the street at ld15 per cent per month The sup-
ply OF Eastern exchange to day was more ampIe and
the, market is easier. Round lots were sod among
16 BANKERS to-day at from par to 40c. premium per
SlUO closing III the afternoon rmer tnan the fore.
noon. The counter rates, however, are unchanged
viz par buying and 10 premium selling"
line railroad running from st Louis TO Spring
held was sold on the 18th INST, to General John O.
Fremont, for 81 300 000 Seventy seven miles of
this road have already been completed. Its owners
CLAIM II Will be worth Sl2,OOO,OOO when comoleted.
-Four or five millions will be necessary to finish IT.
1t passes through The neart of the agricultural aud
mineral lands Of the state of Missouri the cele-
brated CRANKY lead mines IN Newton county, are a
part of1ts "realty.' This line is INTENDED to be a
part OF the route provided for in the Southern Pac
hc Railroad, IN the senate bill reported by Senator
Brown, OF Missouri Fremont obllga es himself to
finish 1t within tour years from ths date OF pur-
chase.
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
RaIlnriad nv An q NJ O I'LL