The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-07-20

change. 30 was hid for Schuylk1ll NAVIGATION
preferrcd 49a for Lehign Navigation; IL for Sus-
quehanna Canal; and 81 tor Delaware Division.
Ouotauons OF Gold-103 A. M, 1898 ii A. NJ,
I39t; IL NJ, 1899; p. NJ, 139a.
The New York Tribune this morning says;--
money on call is 40I5 on Governments, and
6017 upon miscellaneous collaterale. CONNER
cial paper sells at 60D7 S] cent for best names.
Capital is abundant, but lenders are not disposed
to make long engagements until the policy
OF the Treasury in regard to maturing COM
pound notes is settled Should the Secretary
pay them, as he Is pledged to 90 Dy All
his public and private declarations, higher rates
of interest will be charged, to enable banks to
maintain reasonable dividends aud meet oner0us
taxation. The first movement OF the city banks
will probably be disseminating the payment OF
interest on deposits, policy which keeps IN this
city large sums of money, the property OF the IN
terror, and loaned to speculators call. Interest
being stopped, country bank balances will natu-
rally be reduced, and the money used at home,
chances The stoppage of the interest on $780,.
100000 Of present bank reserve inflicts h loss
upon bankers which they win naturally seek TO
regain by adding to the rates Of interest and ex-
change, process not in the interest OF borrowers
1t is urged that Mr.. McCulloch will not pay the
compounds as they mature because, IN his opi-
nion, 1t will distress expandedibanks and cripple
gamblers in gold, grain, and stocks. This IS no
excuse for his falling to pay of the maturing
currency debt by sales OF bonds at their present
high prices, when his surplus income fails to
keep ulul III Iuuubs 1u6 way Is Cleaf 10 MAKE n
sharp, permanent contraction, and he is bound
by repeated declarations to make It, and show
the people that the Treasury is moving towards
specie.r "..t hi ~
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by Dehaven 81 Bro, No. 40 &. Third street
FIRST BOARD. uIt ID
$1,000 City O., New..... B9zk elOOOO Jer 90
tlDOO Pa r I'm 6s... 9S% k50OO w Br C BIDS. rs SIS
S2U00 do............ 95h sh Morris P..ls-1ls1S
$1,000 PittsbUrg 5s...- 70A Is sh Penna R..ls- SAX
$1,000 Phil & 6s.-b5 9ikl 800 sh Read R-.--ls b2R
5000 Read 6st43....ls- so ss sh Leh sc-b5- 3iS
$4,000 Sch Is s2.,ls- 7sA 500 sh Ocean oh...-ls-
o AFTER BOARD.
$4,000 City 6s mun.... 100 25 sh Wilm'n R....- 54k
t5O0 do cpd 8gX 100 sh Read R.....-s90- 52z
$1,000 w Br Cl BdB.. b5. sS 100 do......b31- 52x
20 sh Beh R-.......- 5S9SI 100 dO...... Boo OK
80 sh Penna Recon-. 521S 100 do .:...b30 52S1
do............. 52h $50 sh McClintk OIL. q
No Second Board on Saturdays until further notice.
--Messrs. De Haven & Brother, No. 40 South
Third street, report the following rates of ex-
change to-day at ! P. M.:--U. s. IS of 1881, 110t
@l1Oa; do. 1862. 1ll1@l1li; do, 1864, 1000
1904; do, 1855 l094@1094; do, 1865, new, 10St@
l08S; do, 1867, new, 1881 0l085; do. 6s, l0-40s,
l0201024; do. 7'30s, Aug, lO7l@108; do,
June, 1919 @lO7s; DO, July, ,l07a @IO72 Compound
Interest Notes, June 1864, 1890; do. July 1854,
1l9'40; do. August, 1864, 1l8l@1l9; do,
October, 1864, ll72@11s; do, December, 1854,
l17@1174; do, May, 1865, 1l6s@ll6l; do, Aug,
1865, 1l5s s@1l52; do, September, 1865, 1l5@ll5A;
October 1865, 1l4301l5; Gold, l39t@l395. 6ll-
yer, 13200l33k.