The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-10-24
FINANCE AND COMMERCE..
OFFICE OF THE EVENING TRLEeRAPH,l
IIhnradarL nt Z

InuTsuhy, OcL. "a loWs
There was very little disposition to operate in
stocks thlsmornlng, and prices were weak and
unsettled. In Government bonds there was no
material change to notice. June 1905 sold at
l04s, no change; 1904 was bid for l0.40s: llIs
for Is of 1881 1921 for 62 52Os lO9 for '64 5-2Os
1894 tor '65 5.20s; and l064 for July, '65, 5-2Os
City loans were unsettled, the new issue sold at
10l4@l0l3, slight decline; and old do, SO, 10
change
Railroad shares continue the most active on
the list. Pennsylvania Railroad sold at 81, a
decline of /; Norrisiown at GA, no change;
behieh Valley at 6O} a decline of (; ana
bid for Garden and Amboy; 3Ot Tor North
Pennsylvania; 80 for Emira common; Al for
preferred do; 25b for Catawissa preferred; ana
26s for Philadelphia and Erie.
In City Passenger Railroad shares there
was nothing doing. n was bid Tor Second and
Third; Ga for Tenth aud Eleventh; lSt for
Thirteenth and Fifteenth; IL for Hestonvi'le;
90s for Green and Coates; and 26 for Girard
College.
Bank shares were in good demand for invest
ment at full prices.
Canal shares we're unchanged. Lehigh Valley
sold at 373, no change. l3 was bid for Schuyl-
kill Navigation common; 26s for preferred do;
SO for Morris Canal preierredI and IL Tor Sus-
quehanna Canal.
l439; IL NJ, 1429; 2. NJ, 1925, decline OF on
the closing price last evening.
The New York Tribune this morning says:-
Money is in good supply on call, at per
cent, and exceptional loans are made at less.
Commercial bills are hard to sell. Best pass at
SOLO, and second-rate are saleable only at
rulnous rates.
Exchange is quoted nominally. London,
sixty days, l09}@l09; do. sight, I09b0lO92; /;
Paris long, 5'20D5.18f; do. short 6'17A 05l6l;
Antwerp, 5'2I 4@5'20; Swiss, 5'2l4@5'2O; Ham
burg, 35{035b; Amsterdam, 40}@4l; Frankfort,
AO&@4OE; Bremen, 7sS@7ss; Berlin, ,lS@7l4."
w. p. Wright says, reviewing the cotton
crop;-"During the past week we nave had
magnificent weather. and IT has EXTENDED gene
rally over the entire country. IL mas been
biehly beneficial to the cotton plant, ana gre at
progress has been made IN gatherlng as wen as
| in hurrying the unripe bolls toward maturity.
| We have not seen in the correspondence from
| The South or in the accounts DI telegFapu,
sinoIe welI-orounded complaint. The favorable
| nrosnect for n good crop prevents many parties
| from entering the market, ana keeps prices
| below the parity of Liverpool"
The Chicago Republican, reviewing tue week
ending October 10, says:- A.. ,,. A.
tSTbe greater part OF the week lust closing 1 ine
! .rooritot for money has been characterized with
n"re than usual closeness. Inc demand
throrgbont has bee steady and large, not only
~. w IocoI account but there has been constant
| coll for money from interior po'nts. Inc 1e'
S"ands most urgent have been met Dy the oauks
~ la narties in good standing have been accom-
ailu with capital to the extent to which they
| hava been entitled, and but Few accounts nave
| hn o1erdraWp. The marked decline IN prices
| S nroduce which has taken pluce during
| %a week has caused uneasness In some guar
tn,s and as some of the banks are carrying
| large amount of produce paper, the general
nsssRnoo.ition manifested has been to shorten the
| Hne of discounts, and to cOnnne loans 10 par
ties who are engaged In strictly legitlmate pusl-
4 nesa operations. lt has been partloOAariy
tight week for speculat0rs, and lOsSes nave peeh