The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-11-22
FINANCE AND COMMERCE..
OTTIcE OF THE EVENING TELzeRAPH, l
Friday, Nov. q, 1867,

The Stock market was excessively dull this
morning, and prices were without any material
change. Government bonds were firmly held;
1O16 was bid for I040s; 1864 for 7'30s; lis for 6s
of 1885, l09 for 62 5-2Os; 1864 for '64 5-2Os 1904
for '66 2Os, and 1914 for July, 65 5-2Os. City
loans were unchanged; the new issue sold
at l012
RalIroad shares were the most active on the
list. Philadelphia and Erie sold at 254@25s, a
slight advance; Reading at 4s 3-l6, slight de-
cline; Minehill at 566 no change; and Camden
and Amboy at 1853, an advance of 4. 49s was
bid for Pennsylvania Railroad; 20 for Little
Schuylkill 80 for North Pennsylvania; 492 for
Lehgh Valley; 2l{ for CataWissa preferred; and
City Passenger Railroad shares were un-
changed. 752 was bid for Second and Third; 65
for Tenth and Eleventh; ls for Thirteenth and
Fifteenth; 45 for Chestnut and Walnut; 63 for
West Philadelphia; and l04 for HestonVille.
Bank shares were in good demand for invest
ment at full prices. but we hear of no sales. 102
was bid for Seventh National; 80 for Northern
Liberties; 80 for Mechanics; sOs for Western;
800 for Manufacturers; II for City; 40 for Con-
golidation; and go fersUnion.
In Canal Ishares there was very little move
ment. Leh1gh Navigation sold at 3003l4, no
change; and Schuylklll Navigation preferred at
2l, no change; IL was bid fer Schuylkill Naviga-
tion common; and Jig for Susquehanna Canal.
Quotations of Gold-10A A. NJ, 1881; IL A. NJ,
199; IL NJ, 1894; P. NJ, 1s9, decline of ! on
the closing price last evening.
The New York Tribune this morning says:-
Money was In sharp demand at per
cent on call, and commission added, in hume
rous cases. Commercial paper is made more
difficult of sale by the recent heavy failures,
and the unsatisfactory statements of dividends
to be made by the falling mercantile houses
which stopped recently. Banks and pri-
vate lenders alike shun conif1g long engage
loans secured by collaterals available
at short notice. The drain from the
banks to the Sub-Treasury, thus far In the week
| has been severe, and is not represented by the
gain in the Sub-Treasury balance, as published
| The statements of the Assistant Treasurer give
! little information of value, and need such refor
nation as makes them show the actual amount
| of currency and gold on deposit and what par
| of it is to the credit OF disburslng ofices.n
The Chicago Tribune of Tuesday says:-
"Busness in financial circles was generally
| very quiet to-day, though one or two OF the dis,
| count houses reported that the packers ana
grain dealers were checking more n9ela,y, ~ i,,sn
| The shipments of currency were reported muSn nc y
larger-mostly TO inferior points IA loWa lol d .m
purchase of hogs. Money Is qulte ,easyi at snH
some OF the banks complain 94n 81 sor that some
Sasss SI1a9S 1lere placed to-day at per cent. Inc
General bank rate is 10 per cent? aha AM any nion ieSs
| amre ia nurely exceptional. Inc CaIvn tHs
6guIe " vord Hank went to protest TINS
| Sfternoon. We have no TURNER ,Re Concern
| II ia generally understood nh tlI IL did quite a
had little or no eSP,'a SnPp,ne exchange on Eastern
ts1s lats1 No currency was ever 49, ,Re onvthin9
and he management reiuseu reiussnondent md in the city
save on t OF drafts and certificates OF deposlt.
p PayInea' as source OF much 70 Inc
city doing p1tSs Ssss SrOusR SsR The q oe Se
| cheeks were oDs 1,syt day thus causing similar
ng hGutT o. making XII remittances We learn that the
certificate OF dspSS't pS tr i0r
some %eges %fgS between banks at 90@40 cents
wism wlia1ninm. The counter rates are steady
y Ito discount, and lilo premium selling"
The Boston Journal in an elaborate article,
shows that the countries which will be COM
| pelled TO buy breadstuhs between the present
time and next harvest are Great Britain, France,
! Belgium, Portugal, Spain, Switzerland, Italy
Algeria, Tunis, aud Morocco; while the conns
tries which viii have grain to sell are the Unite1
Rlates, Canada, Chill, and some Of the ONAsA