The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-12-27
FINANCE AND OOMMERCE
OFFICE OF THE EVENING TEIEeHAPH,l

Friday. Dec o. 1867.
There was more disposition to operate In
Stocks THIS morning, aud prices were rather
hrmer. Government loans continue in far de-
mand. 10-4Os sold at l01t, no change; and '64
6-2os atlO5}, no change. 1O48 was bid for June
and July 1905; 1923 for 6s of 1881; 1854 for
'62 6-2Os; 1865 for '66 5'20s; and 1881 for July
'65 8 20s. City loans were also in fair demand:
the new issue sold at 99@99I, an advance of 4
and old do; at S54, an advance of /.
Railroad shares were the most active ON the
list. Reading sold at 485@48s, an odvance of
4; Pennsylvania Railroad sold at 5lf05lH an
advance OF 1; and Philadelphia and Erie ut ISL.
slight advance; 127 was bid for Camden and
Ambov; 264 for Little Schuylklll; Ga for Norris
town; 81 for Minehilf; 80 for North PennsyIya-
MIA; Ala for Lehigh Valley; 40 for Elmira Pre-
ferred; 2S4 for Catawissa Preferred; and 42A for
Northern Central.
City Passenger Railroad shares were nm.
changed. Thirteenth and Fifteenth sold at l9
no change; 443 was bid for Chestnut and Walnut,
and 10 for Hestonville.
Ban k shares were in good demand for invest
ment at full prices. Girard sold at 55t, an ad-
vance OF 4, and Common wealth at 62i0D625, an
advance of 3; 190 was bid for Farmers aud Me-
chanlcs'; 100 for Northern Liberties; 29A for
e3s', and 10 for City.
Quotations of Gold-lO4 A. NJ, 1874; IL A. M.
lS4t; IL NJ, 1881; P. NJ, 1S4.
The New York Herald this morning says
from the Stock Exchange, and loans were made
in nearly all cases at six per cent. the execution
being at seven. Some of the country banks are
drawing down their balances here in preparation
Tor their quarterly returns as we'll as TO meet
Government drafts upon such of them as are
public repositories; but no disturbance what.
ever from this source Is probable, or we might
say possible, in view of the, present condition
OF monetary a1ars at this centre. The
discount line is quiet. First-class CONNER
cial paper is in limited supply, and rated at
7@s per cent on the street, and the banks are
accommodating their customers 10 a moderate
extent at the legal rate. The indications point
to q still cheaper and more abundant supply of
loanable funds after the opening of the new
year. Speculation on the Stock Exchange will
therefore be encouraged, however dull and de-
pressed the general business of the country nav
be. To-day the stock market was somewhat
dull, as usual, at this season, but. not
Wlthstanding securities were quietly bought
up IN large amounts by strong parties
and prices advanced, and an active bull
speculation Is generally looked forward
for by the brokers and other professional
SPECTATORS, who make it their business TO 90
with the tide. AT the commencement of busi.
ness the stock market was steady at the closing
prices OF Tuesday, Pacific Mail excepted, which
was active and weak, the price declining at
the early session of the open Board to iO8
under a pressure to sell, influenced to some
extent by the uniavorable constructions placed
upon the report oil the President of the company
just published. At the drst regular Board,
there was a moderate amount of specula
tive business transacted, but there was no
The The tone OF the market was ~ 6rm rS,'
and Pacific Mail recovered on the second call Ia
1909; Milwaukee and st. Paul advanced 10 40:
Erie was quiet at 726@724. The sLares of the
associated express companies were steady, and
Wells b Fargo advanced ID. Erie closed 4 10 Wer
than at the same time on Tuesday, Reading
Michigan Southern !, Cleveland and Pittsbarg
4, Cleveland and Toledo J, North hwestern l.
Pacific Mail Ii. Erie was higher Rock Island
D, Fort Wayne l, Mlwaukie and st. Paul 2. do
preferred I, Western Union Telegraph I. Gov
ernment securities were dull. Coupon Five
fNuan n ~ asla an-ln
!. The State stocks were steady and quiet"
The New York Times this morning says;-
''The sales In the Gold-room were az l34(@
| l5440l93S per cent, The settlement OF the day