The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-07-23
FINANCIAL ITEMS.
from the ". Y. Tribune of TO- day.

ETONt btS N. t. LTtOUWe " tOuUys
"Money is abundant at 3Q14 per cent, with ex.
ceptiUnal transactions at per cent. The
amounts offered GOOD houses continue to be in
excess of their needs, and large amounts were
.nced at per cent. on miscellaneous secu.
''Sterline Exchange continues dull and heavy
at London. go days, ITO; London,
sight, ll0s; Paris, long, 6'l3ta5 1885 PLrs, short,
5'lOs; Antwerp, 5'l6la5'l5; Swiss, 5l64 t5l5;
Han, burg, S6ta364; Amsterdam, A4a4lS; Fcank
fort, 4la4l4; Bremen, 79la8O; Berlin, 7lSa72.
The transactions at the office o. the Assistant
Treasurer were:-For Gus oms, $433 900; tor gold
notes, SOB 00O total receipts, $4 l5l 306 90; total
aynents, S4 07S,842; balance, SSl, ,989 1904.
''ln Freights-Eo Liverpool, by steamer 1000
bush. wheat on private terms. To London 1900
bush. peas at ESQ.,, ana 10 Glasgow, 500 bbls
flour on prlva.e terms, and $1,000 bush. wneat at
cd. schooner was chartered with slaves to
MALAGA and back on private terms"
The London Economist gives the following
statement relative TO the reorganization of the
Atlantic and Great Western Railway
Through eudeavors which are beng made to
reoIganize the Atlantic and Great Western Rail
way, general improvement In the prices OF the
bonds and debentures has taken place. The
n ore important proposals appear to be as fol-
lows-aud the alterations are chiefly in the mode
of dealing with the certificates of debenture.
The interest on income bonds issued for CO lpous
is increased, arc the bonds made equal to a
N ortgage by deposit Tor their protection OF the
COUPONS in trust. The proposed capitalization
is TO be into income bonds bearing seven per
CENT dHuudA lultTcSL IOul Tue lOlh VI ue8b
Noyen Der, with semi-annual coupons attached.
1t 10 further proposed to cancel and
convert the cert hcates OF debenture
On the underm entioned terms, viZ.:-First. By
delivery of the divisional bonds HoW held in
trust, So 1856 600 second. By the issue OF in-
come bonds for coupons due up to the 10th
July, 1868, ST, III, 600. Third. By cash payment,
$592 400. Fourth. By issue Of cons Jldated
second mortgage bonds, bearing per cent. in
terest in gold, from the 10 b November, 1870
81, ,0O0 000-compl4 ting the capital amount of
deben ures Sl4 900, 900. Ffth Income bonds
Tor the interest on this capital until The bonds
issued commence TO carry interest Statement
b, 1,224,563. And it is propo.ed to resume
cash pay men'B OF interest accruDg on the frat
M rtgGge divisional bonds from lst October,
1868: second mortgage divisional bonds, from
lSt October, 1869; and consolidated mortgage
bonds, from l5th January, 1871, funding the
previous coupons"
The same journal says, relative to the effect
of the Democratic Convention on Fiye-twenteS:
"In the market for American securities the
United states Government bonds have main
tanned an improving tendency until intelligence
was received that at \ recent meeting OF the
Democratic National Convention at New York
taxation of the bonds was favored, and like wise
payment in currency OF the bonds Of all public
debts, except where payment In coin 10 expressly
stipulated This proposal has been already so
frequently advanced aud as often discol te.
nanced, that no effect Of Importance was pro.
duced, aud towards the close OF the week the
Five-twenty bonds were inquired for, and re-
covered ~