The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-01-08
The New York Money Market.

from Ote Times.
"There was further Improvement in the
terms for m ney among thd brokers to-day, and
but few ShdUeS beyond per cent. In currency
(the cheapest rate). or per cent. in gold, at
which, on account of the activity In stocks,
there was consi 1erable business done.
"The public funds again felt the influence Of
the gradual relief In the money merket, and
something like an old-fashioned speculat
business was done at the Exchange Boards, as
well as an increased trade einand at the coun-
ters OF the great dealers on the street. An ad
ditioual advance of 129A per cent. was made in
2E@% per cent. on the long per cents OF 1851
Al the late Board the fresh rise was not fully
tTm. The State bonds We're 240l per cent; on
North CsroliDas, firm on Tennessees and Lou
isianas, and fraction lower in Missouels.
Nothing done in Virginias.
1.-THE railways were generally active, and
among the miscellaneous stocks there was an
other advance on Pacific Mall; The ou5iuess In
the New York, Western and ReadtEg Roads
was well distributed over the list Michigan
southern, Cleveland and Toledo, Cleveland and
Pittsburg, and Wabash were all higher than
yesterday, and Fort Wavne, Rock Island. the
some fluctuations In price. again in favor.
Reading attracts little more attention
6%s 6Ds s. sd tbe Eric to ,S92MI EssGsrsE a.
Lane is said to have carried the
new board OF toe Cleveland and Pittsourg at
the annual election on Tuesday and report
comes from the West to-day that this board
have already met and resolved on u scrip dtvi-
and station property .of the company In the
cry OF Cleveland. The stock was advanced
this achievement II is lntimated that tho same
party will soon he II not already, In pursuit. Of
election Mt Pittsburg on the third Wodnosday
IN March"
From, tue Tribune.
money was onHy nt from per cont. coin 10
per cent In currency. Towards the oipss Of
bank hours the offerings were heaVy A. per
cent In currency, and largely In excess gt Inc
entirely TO tho fear Of legal prooesdines for
| usury, no at no time within the past week has
there been any dlHonlty In procuring money
when sufficient commission was bid Tor Its
"it Ia rumorsd that the Fort Wayne Board
| have In contem platiou the Issue of n large
ecrlp dividend. II Is also said that the old frat
mortgage bonds of the Rock Island Road,
| amounting TO 81 10000 which mature this
wear will loo paid for by issue OF stOok Of the
| same amount; H. In not yet known whether tb o
| stock will be divided pro rata among the pre-
| cent took holders, or sold in the open market
| 1T Ia said that some Of the n tiional BANK OF
| this city who are restive under the strlot rullnI
| Of the Bank Examiner, are asking the constn
| of their stockholders to return To the State sys
| TEN. This report Is no doubt true IN regard ia
public during the past year. The passage OF
| the bill forbidding the certihcation OF checks
| may cause some other banks Identified more
particularly with the business Of the Stock
| Exchange, TO take the same step. By so doing
| however. they will lose their circulation. which
| will undoubtedly be absorbed and taken by the
| Sonth and West, who are now cramped fol
banking capital, and would be thankful fol
"In freights to Liverpool-l4 coo bushels whea
at 7d; 1000 co. barrels flour at D. 3D.; and d 10y Ss
bushels wheat al 3d. To Glasgow-l50O barrels
| flour at l8s. Cd: and to Antwerp, 5000 barrels
neptha at IS.
''The transactions at the Office of the Assistant
Treasurer were:-Receipts for Customs, 1000
for Gold Notes, $745 00O total receipts, $40 527,.
942 60: total payments, S2O,27,CN74; balance
| $50, ,SS9 79l'93
STEERING Exchange Is strong and active al
| quotations. The Offering of commercial bill lis is
very light London: 80 days, lO0169lo92s; Lon %.
don; sight, llOI@aaaGMi psris' l9nf; f SlS95 72}
5.l6A; Swiss. 5l71%@5 l614; Hamburg, S6@S5M
| Amsterdam. 4l@4l1s; Frankfirt. 4l@ii1s; Bre
| men. 7S5a@78lA; BerIlp, 7lM@7lM"