The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-07-27
FINANCE AND COMMERCE..



=, There was very little disposition to operate in
STOCKS STOCKS TINS morning, but prices were steady.
SoVtIhment securities we're firmly hell. In
OiIy loans there was nothing doing.
haluoad shares were dull PENNSYLVANIA
Railroad sold at 625G524, slight advance; Cata-
wissa preferred at 80, a sleht advance. and
Lehigh valley at 65, an advance of 4. 1858
Schuylkill; 68 for Norriso gn; Ala Tor Reading:
93 for North Pennsylvania; az tor Elmira pre-.
terred; rs Tor Philadelphia and Erie; and 49k
Tor Northern Central.
In City PASSENGER Railroad shares there WAC
nothing doirg so was bid Tor Second aud Third;
66 for Tenth and Eleventh; 10 for Thirteenth
and Fifteenth: 20 for Spruce and Pine; 62 for
West Philadelphia; 10 for Hestonville; 80 for
Green and Coates, and 43 for Union.
Bank shares were IN good demand for invest
ment atfull prices. Cen raj National sold at 12I;
Germantown at SO; and Glrard a. 60a6l, no
change; l60 was bid for Philadelphia, 10Y for
Northern Liberties, 81 for Mechanics, log for
Southwark, ITO for Kensington, so for Western;
and 81 for Manufacturers.
Canal shares were dull. Lehigh Navigation
sold al 2lbW2lB an advance of 4, and Susque-
hanna Canal at l45, no change. IL was bid for
schuylkill Navigation common, aud 2l for pre-
All outstanding 7'3O notes must be converted
into 5-2Os on or before August ], or they will
be payable in currency. There are $l3, 800 900
OF them yet outstanding. Jay Cooke & Co., No.
ia s. Third street, is the Government agency.
The Pennsylvania Railroad Company notify
those who were shareholders in that Company
on the goth of May last that they have the privi-
lege of subscribing either directly or BY substi-
tuition for twenty-five per cent. of additional
stock at par. in proportion to their respective
interests on the said goth of May. Holders of
less than four shares will be entitled to subscribe
for full share, and those holding more shares
than multiple OF four shares will be entitled
to an additional share. The privilege OF SUBJ
scrlbing TO this new stock, 1t will be remem-
bered, will cease on Thursday, 30th of July,
instant. The instalments on the new stock must
be paid in cash, as follows:-lst. Twenty-Five
per cent. at the time of subscription, on or
before the 3Oth day of July, 1868, I'd. Twenty
five per cent. on or belare the 18th of December,
1868. Sd. Twenty-Five per cent. on or before the
18th day of June, 1869. 4th. Twenty-Five per
cent on or before the 18th of December 1869,
or, if stockholders should prefer, the whole
amount may be paid up at once, or
any remaining instruments may be
paid up in full at the time OF the payment of the
second or third instalment, and each install
ment paid up shall be entitled to a pro rata
dividend that may be declared on full shares.
If the whole amount of subscription is paid on
or before the 30th instant the holder of the new
stock will be entitled TO next half yearly divi-
deud in full. This matter is worthy the atten-
tion of stockholders, as the privilege reserved to
them is va liable one.
PHILADELPHIA STOCK EXCHANGE SALES TO-DAY
Reported by De Haven q Bro., No. 40 g. Third street
FIRST BOARD.
'GqGh So Cent Sat Bf 81 81 Lei tsh SIX
"a sh sh Serm senna fs Rrec S. iO'Sh oa'a Prf IS
-Messrs. Jay Cooke & Co. quote Govern
ment securities. ETC.. as folio ws:-U. s. 6s. Of
1881, ll5f@ll54; old 5-2Os, ll44@l143; new EOS,
1854 lll4@1ll2; do, 1865, 1l2t@l12&; 5-2Os July,
l09t@l094; do, 1867, l094@lO9}; do, 1868 1O9s
lSSS93 lo-4Os, lOsia 1881; 7sos. July, lOS4a LOO.
-Messrs. De Haven Il Brother, No. 40 South
Third street, report the following rates of ex-
change to-day at P. M.:-U. s. 6s of 1881 1155
@l15S; do. 1852, 114tall43; do, 1864, 111}1
lllf; do, 1865 1l2a@lI25; do, 1865, new, 1881 a
1924 do, 1867, new, lO9a01O92; do, 1868, 1O9B
@!O94; do, IS, 1O'40s, l0St 0l0Ss; do. 7'3Os,
July, l0s6 9l0SS; Due Com pound Interest Notes,
ll94; August, 1865 llsla l1s4; do, September,
1865 1l73@llS4; do. October, 1865, 1I740ll72.
Gold. l43hQl44. Silver. l36Ml3S.