The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-01-25
FINANCE AND COMMERCE.
OFFICE OF THE EVENING TELEGRAPH,
FridaY, january 25. 1867.

The Stock Market was very dull this morning
and prices were unsettled and lower. In Gov
ernment bonds there was no material change 10
notice. 8s OF 1881 sold at 1915. 99E was bid for
l040s; l03 for 1905; and 1914 tor old 5-20s. City
loans were unchanged; the new issue sold at
1904; and old do. at 964@963.
Railroad shares continue the most active on
the list. Reading sold at from 504@50B, closing
at 50s, a decline of 1 on the closing price last
evening; Pennsylvania Railroad at 56, no
change; Camden aud Amboy at 1864, a decline
of /; Catawissa preferred at 2s5D294, decline
OF 4; and Philadelphia aud Erie at 3O5, de.
cline of 8; 294 was bid for Little SchuYlkill; SO
for Mnehlll; go for I.ehigh Valley; 80 for Elmira
common; 40 for preferred do; 81 for Philadelphia
and Baltimore; and as for Northern Central
City Passenger Railroad shares we're dull.
81 was bid for Tenth and Eleventh; l96 for
Thirteenth and Fifteenth; 81 for Spruce and
Pine; 81 tor Chesnut and Walnut: Ia for Hes
tonville; q for Girard College; for Ridge
Avenue; and 40 for Union.
Bank shares were firmly held at full prices.
Seventh National sold at l05. l39 was bid for
First National; ll5 tor Third National; l52 for
Philadelphia; Sc tor Commercials; SO for Penn
Township; 3l4 tor Manufacturers; 60 for City;
Al for Consolidation; 81 for Commonwealth; and
go for Corn Exchange.
In Canal shares there was nothing doing. 54S
was bid for Lehigh Navigation; l3 Tor Susque-
hanna Canal; and Sc for Delaware Division.
Quotations of GOld-lO5 A. NJ, 1874; IL A. NJ,
1889; IL NJ, 1874; P. NJ. l345, a decline of
on the closing price last evening.
The New York Herald of this morning
thus speaks of the condition of Wall street yes
terday:-
This has been day of excitement and panic
on the Stock Exchange rarely equaled in Its
history. The failure OF a firm belonging to the
public board "a. j. Meyer & Coz was reported
at the opening OF business coupled with the
statement that MIR. Yelverton, the President of
the Bank of North America with which the
house did business, had died suddenly in conse-
uuence of the announcement made to him that
the firm in q0estion had overdrawn its account
to the amount of $4,000. Confirmation of
the death of Mr.. Yelverton followed, and
rumors of other failures were circulated.
A feeling of distrust seemed to seize upon
the entire street, including the banks and loans
were called in to large extent. Stocks were,
therefore, pressed Tor sale, and the bears stimu-
lated the fall of prices by selling "short" freely
The decentralization of the market increased in
the afternoon, and one of the strongest and
oldest houses in the street was numbered among
the rumoTed failures, but without any corrO
bOrating testimony. Two or three three and q
shilling or outside bidders were said to have
tailed by arrangement with The houses employ
ing them, in order to save the latter from taking
the stocks which they had bought, aud this was
interpreted as sign of weakness in other quar-
tiers, which only added fuel TO the devourng
element"
PHILADELPHIA STOCK EXCHANGE SALES TO. .DAl
Reported by De Haven & Bro. o. 40 S. Third street
BEFORE BOARDS.
zoo sh Read .lotsc 5Ot 100 sh ReadinR.....c 5ot