The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-08-01
FINANCIAL ITEMS.
The New York tribune of this morning, In

The New York tribune of this morning, In
its money article, says:-
Governments opened weak at q concession OF u
aiurthsr decline was made, and the market 9 ssed
at t tae seeond Board about lover than the opening
SisposiHNon to operate f9r an sdysnee ana prices
sees continued this morning, the ex.coupons
ssDe Ss decline ' nq the @ HSGd' ana
neered by The ring. There has been no act
either House to innd the interest for the next three
years The action taken was in the shape OF reso.
without debate. ard, withouI calling the yeas and
the action o. the Senate Immediately teIegraphed
% anu na9,srlonsy Circulated by the brokers in
eseu the permanent holpers into selling thei bonds
The make Which may interest S them nm
should the House not prove as iacle as the senate
N.rth Carolioa per GEMS. declined iu synApsthy
at es1s. RAILWAY mortgages were firm and ia demand
by investors; and continue TO be sparingy offered.
dull with nominal transactions. Railway shares
op. ned nim. with COED demand Tor the leading
money continues IN souno ant supply at Sa4 per
mon,hs on stock collaleras. There is mo ment
o. o. money as yet IRON lie Western cities 70 disturb
unanimous that there never was so much capital idle
The Herald says:--
"1be gold market opened with buoyancy and ami.
mation 1853 and afterwards advanced 10 1854 but
under false report that dve.twenties were 72is il
London subsequently there was "A recovery to las 81.
and the cosIg transactions prior to the adjournment
the streetwas l4Ea9l41 There was u large ate ld-
az In the Room and great activity in le deal
lngs at Intervals. The borrowing dem and
tor coin moderately active and loans
were made st rates vary ng rom one TO four
per cent for carrying. he gross clearngs amou
10 SSO75000 the gold balances TO 002 &c., and the
currency balances to 81 sS7 The SUB IRE asury
dlsbursed sl3000O In coin payment Interest on
the pubic debt during DAY. converted $3.50 $50
OF Seven-thirty notes Into Five-twentes. Money
continues In superabundancs at 3@i per cent
paper is scarce and In request at SOC per
cent, The railway sht re market strong
and active during the forenoon, and prices
advanced throughout the list. but it subsequently
acted slightly under sales to profits The pres
10 sell stale bonds and especi-lly Ten.
nessee. continued with increased activity and In
under the ec"t of dispatches from Nashville stating
that rauduie Issues of state bonds
tgated and that twenty millions state boz are to
be sold to pay the militia, thirty thousand which
Khan.
government securities were dull and droopine
during the early part OF the day and prices declined
ADh per cent, but At the asst call there gene
pJ Ovement of about u Der cent. from the low
es quotations previously current, under good de-
mand from strong part es The time tor vertt tng
pired today SO that the maximum OF the gold
bearing debt, with some unimportant exceptions
has been reached, and the stoppsge OF the sup.
ply OF bonds Is likey to result In steady
advance in their market value; for not only
has The home demand Tor them increased annually
for some years pas, but large amounts have been
gregate Of bo, DIS now In the country is some hum
dreds of m lIions less than it In 1854 The ine
the public debt Is sem annually reinvested
to great extent and demand from this sour se can
fail 10 tend TO a gradual and permanent Improve
ment in the value OF securities, providing Com
gress does nothing in he future to check It,"