The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-12-18

by a mere technical construction Of act. pAasad
when gold was only worth or per cent. premiurnl
in gold 10 pay the interest and extngulsh the pFn.
elpal Of the loan. All the subsequent loan acts Of
Of the and peg cent fsded STOCKS lo n n coin NO
written pledge their face OF the reimbursement OF
other lenGer has ever BEEN ana mo-
other tender ever made U payment Of principal when
que much less under the option OF the Governments
TO pay before maturity"
The New York Herald this morning saysf-.
"Ths fact that the Senate Finance Con mittee have
aGpse bill % the further Of the
passage and IN this light il was regarded on the Stock
Exchange and among the banking and mercantile
Sa0yaSt OF ali Ends 5ss1S ana va Erie
p.ds p cause Or the Strength sSTEy SSsrgs Ss Ss
being the proposed MrEnEement by which the
current ext endures and consodats their earnnss hs
TO their mutual edvantaEe TnelarEe earnings Of the
sTfsy s IN % G1s Of SS
in the growing value OF railroad PROPERTY and henoe
speculation, although qnlet. has been maoiy in favor
are now favorable TO higher prices. The bears admit
STOCKS viii be sood sale az he eu sSsgsSs SsgSs tRSs Id
they are 6idlng their time accordingly. Meanwhile
ment OF the volume Illegal tender is restoring
street viii be the rst feel the beneI Of The change
for the better. 1sN
"TheIels Increasing ease to note in the money mar.
ket the supply from the banks to the leading dealers
In Gover5,ment Sd,%S securities ana other 6rst class
six per SsnI %l'hSnsh 6sSs6 per cent is
neous coaerSs There is pefeepibe Nh lsegia slinS
on in the inquiry for discounts. and both at the
passts with moderate degree OF freedom. In Ihe
SG Spen gEad sops,S SuIeI S% n per cent ana the
names At Solo The banks are still conannT G tSem
surplus funds on call" ~
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
~, hxyn a Rro No
FIRST BOARD.
S SSS City a. Eew-d sh Read Hss
$500 500 do id 3 IS loo 100 dO-sSSwn-is s7x
'lsGS 81 e co&rF.S b. HSS sSS ~ G
l2 sh Penna R..-.;... 49x 800 do..;y.-ls-c- 47'S1
Len Ss @ I$$ 81 6assS 6: ;sS ss
--Messrs. Jay Cooke q CO. quote Govern
ment securities, ETC., as follows:--U. s. IS of
1881, 111l@lIli; old 6-20s, lO84@lO89; new 5.2Os,
lO7l@lOS; do, 1867, lO7t@l6sI; l0-4Os, lOO5@
l0l 1905 June, I04&@l05; do, July, l04l@1
1O5. Gold, 1s32@134.
-Messrs. william Painter Co., bankers.
No. 36. s. Third street, report the following
1885 s@l935; O. g. 6s, 1881, 1l1A@1l12; o. 9. 62Os,
1852, l08A@10ss do, 1864, 1910 1913; do, 1866,
lO55@lO63; do. July, 1865, 1913 @l0Sb; do July,
1905, I'd series, lo4l l@lo49; Sd series, I0it@
l042; Compound Interest Notes, December, 1854,
ll9'40; May, 1866, 1l7t; August, 1865, 116t; Sep
tember, 1865, 1l6i; October, 1856, 1l5t.
-Messrs. DE Haven d Brother, No. 40 South
Third street, report the following rates Of ex-
change to-day at 3P. M.:-U. s. 6s of 1881, lila
@lllE; do. 1862, l0s2@IO8s; do, 1854, i04&M
lO4B; do, 1866, lO5@lO54; do. 1865, new, lO73@
10s; do, 1867, new, 1O7i0lOs; do. IS, 1O-4Os,
lO0a@l0O3; d. 7'sOs, June, 104s @1O45;.. DO,
June, 1864, u94O; do, July, 1864, Ii9.IO;
do. August, 1864, 1l94O; do., October, 1864,
1870; do. December, 1864, Il9'4O; do
May, 1866, 117@ll74; do, August, 1855, II6t@
1168; do, September, 1885, l15S@ll6k; do,
October, 1865, l153@1l6S. Gold, I3S39l34.
Silver, 12s@l294.