The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-12-19

II g holders, and they are to be Issued onlv In
exchange for other securities. The inducenient
to convert fve-twenties into them is TO be found
in pledge that the principal, as we'll as the
interest, is payable in coin. The stock is 70 be
known as the consolidated debt OF the United
States. The bill further authorizes. the Secre-
tary of the Treasury TO issue bonds payable,
principal and interest, In coin, in Frankfort
and London TO the amount OF Eve hundred
millions, and bearing four and q half per cent.
per annum. This bill is to be objected to on
several grounds. In the first place, the scheme
Of deductng one per cent. from the interest, to
distribute half the amount among the States, is
iDequitable and impolitc. The bonds should
carry on their face no higher rate than Is
actually paid to the holders. and there Is no suf-
hcient reason why the general Government
should pay ANYTHING to the States in the manner
proposed. In the second place, il is contrary to
the Interest of this Government to establish
branch of the Treasury, or fiscal agency, in
any part OF Europe for the issue and redemption
of securities, and the payment of the interest
thereon in foreign coin"
The following will show the exports (exclu-
sive of specie) from New York TO foreign ports,
for the week ending December II, and since the
beginning of the Year,
Previously reported. issaasSS7 i7sss5 sss l7SS,sss
since Jau1. eI7I 2sLO7e 1is2,Ssi Oio 9ls2 o27 91s
PHILADELPHIA STOCK EXCHANGE SALES TODAY
Reported by Dehaven d Bro, No. 40 s. Third street
FIRST BOARD.
$1,000 5sos s5 S5;Si Jyirgi5 100 sh Phil q E-s
$4,000 Pa 8, 3 seIes-.-OaA 100 do....... bsO- 2sx
s%S ssSo e s. oiscp H IS sh Lit & ss
$1,000 & Am mt IS 49, 02s 100 sh Lsh N stK....- 8O
$1,000 do do..I;...-...-- 22, lO9 ddossOwn- sS5
SO 'n fslIs N S. $ 100 do..6SO- s sSSs
lssR SCI R'Ylilon bs .
20 do:...;.;;." 222G IOOsh 18th q l5th..-...- 10
60 sh Penna R... @ So So 200 s6 Ieh N stk bsOls sO,6
10 do............ 491< 100 sh Read R-....s80- 4S
lS d0..-...~.... So 100 dao--bsSi1s- g 4ss
100 do.......;;;: ;;: So 100 mr., do.... SD ~
$4,000 s 7sOs...ids5S @n loo sh Read R.~..ssS- g
':SS ' $$ IS: ss
10 81 Psnna s;"sS; b. So%s SS y GO. quote Govern
ment secu1ities etc., as follows:-U. s. 6s of
1881 llIs61IIl5: old $685. 108t61l0S2; new 6.2Os,
1854 IO4$@lO5i; do, 1865, 1O54Qo1O58; do, July
lO7b@lOSt; do, 1867, l07E@lOSI; lQ-4Os, l00l@
lO1; 1905, June, l044C0lO5; do, July, lO449
los. Gold, 139s0133s.
--Messrs. william FAINTER q Co., bankers,
No. 96 s. Third street, report the tollowin g
193s@l9SS; @. 8. 6s 1881, 1l1s@l11{; q. 9. 6-2Os,
1897, lO84001OsS; do. 1864, 1050l054; do, 1865,
1O54G1O6t; do. July, 1866, lO7s@lOst; do. July.
7s5 sS lSdfSes % ss9es ,d1@Gos 81 @ ssSStSs sS s ,Gi q
iO4a Compound Interest Notes. December, 1864,
l19l0; May, 1865, 117b; August, 1866, 116{; Sep
tember, 1865, 1l62; October, 1866 1l65.
Third street, report the following rates of ex-
change to-day at 8 P. M.:-U. s. IS Of 1881, 1iIk
@11lI; do; 1852, lOSt@lOs5; do, 1854, lO46@
lOsi do, 1867, new, iO7H @lOst; do IS, iO-lOs'
1OOs@lOOb; do. 1905, June. i04s 01O46; do,
July, lO4s@lO4B; Compound Interest Notes,
June, 1864, 1870; do. July, 1864, 1890;
do. August, 1864, 1910; do., October, 1864.
I1940; do. December. 1864, 1890; do.
May, 1865, 117@ll74; do, August, 1866, II6t6
116a; do, September. 1895, 115s@Il5h; do,
October lsSS; ll63@ll5i. Gold, 13S5@1SSl.