The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-10-25
FINANCE AND COMMERCE..
OFFICE OF THE EVENING TELEsRAPK. |
ErldaV. Oct 2h 1877.


There was very little disposition to operate in
stocks this morning. and prices were unsettled
and lower. Government bonds were firmly
held; July 7-30s sold at l05, slight advance.
1901 was bid for 1040s; 1ll& for Is of 1881; 1921
for 62 52Os; lO9t for '64 52Os; 1904 for 65 52Os;
and 1908 for July, '65, 5-20s. City loans were
dull; the new issue sold at 1Ol4, Slight decline;
and old do. at 96, no change.
Railroad shares continue the most active on
the list Reading sold largely at from 47b@49,
a decline of /; Camden and Amboy at l24, a
decline Of J; Pennsylvania Railroad at 6O4,
no change; Lehigh Valley at 6O}, no change;
North Pennsy ylVania at 81, no change; Catawissa
preferred at "a, decline OF 2; and Northern
Central at 424 O decline of /. 64 was bid for
Norristown; 80 for Elmira common; 40 for pre-
terred do; and rs for Philadelphia aud Erie.
In City Passenger Railroad shares there
was more doing. Second and Third sold at 77B
0l774 decline of !; and Hestonyille at ll4@l2,
a decline Of J. GA was bid for Tenth aud Ele;
venth; ls9 for Thirteenth and Fifteenth; and
80 for Green and Coates.
Bank shares were firmly held at full prices.
Corn Exchange sold at 70s, an advance OF 8.
l09 was bid for Seventh National; 247 for North
America; 574 for Commercial; 3l4 for Mechanics;
ITO for KensiDgton 594 for Girard; 30 for West
ern; 20 for City; and so for Commonwealth.
Canal shares continue dull. Lehlgh Naviga-
ttOn sold at 87S, decline Of and sc9uylkinil
was bid for Morris Canal; 80 for do. preferred;
and 50 for Delaware Division.
Quotations of Gold-10a A. NJ, l424; IL A. NJ,
jazz: IL NJ, l4l6; L. m', l4S, uSCllnS VI On
the closing price last evening.
The New York Tribune this morning says:-
money on call is per cent. Gold and stock
spectators report the market easy-a sta.e OF
things produced by the fact that short interest
In gold and stocks is large enough TO create an
active borrowing demand tor both stocks and
cold Bears in this way help TO carry load
which has before been sustained by the bulls
alone. In commercial paper there Is no Inn
proyement. From merchants throughout the
country the calls are urgent and on all sides
lenders are very cautious and discriminating"
"About SO, 600 900 OF per cent. certificates
have been issued by the Treasury Office in this
city The December Issue of compound notes
are not presented to any extent, as there is a
loss of per cent OF interest on their exchange
The Assistant Treasurer says;-
"The notes of the second and third series of
seven-thirties (due June and July, 1861 will
now be received at this office for conversion
into six per cent. bonds of 1867 bearing interest
from July 1. The interest on the notes will be
allowed TO the day approximation, and accrued
interest on the bonds will be charged at six per
cent in currency. Each note must be indorsed
by the person presenting Il for conversion"
The Chicago Tribune Of Tuesday says;-.,.O
The week opens with brisk and pEes55,u.ss 5n.s
demand for money, and In most bank paLlJiiiss
the DaKket 10 working stringent. Tue h oaais
from the country for currency were on n"Ss s
larger scale than at cor Um0 Withln wees VI