The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-10-26
for EImira preferred, and q

Pennsylvania; 40 for EImira preferred, and a
for Catawissa preferred.
In City Passenger Railroad shares there
was very little movement. ChesDut and Walnut
sold at 45l a decline Of /; 1S3 was bid for rhr-
teenth and Fifteenth; ii tor Heetonville; 30i
for Green and Coates; and 26b tor Girard Col
lege.
Bank shares were in good demand for invest.
ment at full prices. Mechanics sold at 9la, no
change; l08 was bid for Seventh National; 247
for North America; 100 for Northern Liberties;
80 for Girard; 90 for Western; Ito for Trades
mems; 20 for City; "A for Consolidation; 63k for
Commonwealth; and 20 for Corn Exchange.
Canal shares continue dull. Lehgh Naviga-
ton sold at 37t,. no change; l2b was bid for
do; 10 for Susquehanna Canal; 90 for Delaware
Division; and 90 for Morris Canal preferred.
Quotations of Gold-l0k A. NJ, 141t; IL A. NJ,
A2l; IL NJ, 141a; / p. NJ, l412.
The New York Tribune this morning says;-
money is per cent. on call, and loans at less
are rare. The difficulty In selling commercial
paper continues, and names not frst-class can
only be used at rulnous rates. Best names pass
at SOLO per cent. The trade of the country Is
not in satisfactory condition, nor arc there
any indications Of returning confidence. Much
OF the present disturbance IN commercial affairs
proceeds from political causes. and until that
source of trouble is removed no permanent i'm.
provement can be looked for.H
The Chicago Republican of Wednesday says:
Money continues very close and arm at 10
per cent. per annum. The extreme closeness of
the market, and the difficulty that good many
operators in produce and merchandise meet
with In obtaining loans Is having its effect on
values. The prospect is by no means favorable
that the market will relax any of its present
features for some weeks to come. But o little
more than a month of lake navigation remains,
and TO move the grain crop to the seaboard
large volume OF currency will be required. The
prevailing tone of the money market at points
East Is more than usually stringent, and the
bankers are very careful In their selections of
paper presented for discount, and refuse all that
Is not strictly 6rst-class. Speculative paper
does not meet with any favor, as the banks can
find employment for all the means at their COM
mand in legitimate business entefprises.n
The Cincinnati Commercial of Wednesday
says;-
f'Exchange is in barely sufficient supply TO
cover the wants of the market, aud is conse-
quently, quite firm at par buying, 1-20c. pre-
MUM selling, for large bills. The money mar
ket was in a slightly easier condition to-day,
partly because of q freer feeling on the part Of
| bank managers, and partly because the move
ments of the currency were for the day little
more comfortable. It is noticed that there Is
| some falling off in the offerings of the best
quality OF paper, but that there is an abundance
OF that which does not seem to have purely
legitimate creation. Outside rates for paper are
| in some cases severely high, governed rather by
| the necessities of the borrower than by any
| competition among lenders
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by Dehayen Bro No. 40 8. Third street