The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-08-30
FINANCE AND COMMERCE..
OFFICE OF THE EVENING TELEGRAPA,l
Friday. AuQuRt 90 1877


The Stock Market opened very dull this morn
ing, but prices were rather 6rmer. Government
bonds continue IN fair demand at an advance.
1925 was bid for l04Os; lI12 for 6s of 1881; lO74
6.20s; Ill for 65 52Os ;l082 for july '65, 5.2Os,
and 114l for '62 5-2Os. City loans were dull; /;
the new issue sold at l0ll, slight decline.
Railroad shares were inactive. Reading sold
at So, no change; Lehigh Valley at 81, no change,
and Pennsylvania Railroad at $50, no change
l26 was bid for Camden and Amboy; 81 for
Minehill; 20 for Elmira common; 40 for pre-
terred do; 2s for Catawssa preferred, and 81
for Philadelphia and Baltimore.
City Passenger Railroad shares were un-
changed. 76 was bid for Second and Third;
81 for Tenth and Eleventh; 2s8 for Spruce and
Pine; lS9 for Hestonville; 80 for Green and
Coates; and 26 for Girard College.
Bank shares were firmly held, but we hear
OF no sales. lao was bid for First Natlonal
107 for Seventh National; 237 for North America: !:
81 tor Commercial; 100 for Northern Liberties;
81 for Mechanics; l20 for Tradesmen's; 20 for
City; and Ga for Union.
In Canal shares there was nothing DOING l6k
was bid tor SChuylkill NaviRation common; 2sJ
for preferred do; 46 for Lehigh Navigation; and
16s for Susquehanna Canal.
Quotations of God-l0s A. NJ, l42; IL A. NJ,
l42t; IL M, l424; / p. M, l4l5.
The New York Tribune this morning says:-
prime ooaterSls: A little more demand is noted in
oe quarters % % put Is not sufficient TO advance the
cent Inc orders for currency tor the West continue
treasurer is paying large proportion OF the com
next
The London Economist says of the money
market for the week ending the 17th:-
There have been observed during the week trihing
indications Of more healthy and active tone Ia the
money market IL cannot be said that increased
business las been done ut the bank nor that the mar
ket rates have varied more than the Vertest shade
0ut there has certainly been an increased degree OF
Willingness TO enter Into operations, ana attended
WIN Iather more employment for money. The ex-
chhnges hQld hrm; the cotton trade slightly more
aclve and II is understood that additional orders for
the Baltic have been received on a somewhat larger
scale. These circumstances all show that the ten
week has been favorable 10 the harvest opera
lions and as the aspect of political aairs abroad Is
less unsatisfactory, hope may oe reasonably enter
taneo that time Is already operatn the care OF
pated."
The Boston Traveller OF Wednesday says:-
''rhe most OF the city banks are lending money on
peo ges OF Government securities Tor short periods of
time ~ the rate Of i've per centum; put on recorded
coat rails OF the dTstcass six Is the general charge
At these rates and ON these conditions, there are
more lenders than borT0wersthe supply ofcurrency
being IN excess OF the demand for ts use both the
institutions and In opening market. In the dis
count line there s q fair degrees OF Vitality and
larger amount fcOmmercial paper y offered sale
than there has been for some weeks past. Prime
double names having few months 70 rum were ne.
gotihted thia forenoon at SIX nno seven PEI CENT but
the range for inferior grades extended all the way
from eight 70 twelve per een6' with but = llmitsd