The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-10-07
FINANCE AND COMMERCE..
OFFICE OF THE EVENING TELEeRAPH,l
Thuradav Oct 1850 (

OFFICE EVENING TELEeRAPHl
Thursday, Oct. 2. 1869. Z
The local Money market to-day and during the
current week has been characterized by the ease
which usually attends the reaction following panics.
The banks continue short of funds, iand are obliged
to employ their means with great circumspection.
lhere IS not very strong current OF money either
towards the West or South, but 1t must be sutfici-
emily strong to balance the receipts thence as the
banks apparently are making little progress towards
strengthening their position.
The current rates for loans vary little fromthOse of
yesterday, but the market continues very unsettled
Gold opened strong this morning at 1915, and
probable before the close OF business.
Government securities are quiet, and the new
issues were especially firm. There Is no disposition
here to speculate either in gold or bonds.
There was less hrmness in the stock market to-
day. but fair business was effected. State loans
were steady with sales Of the first series 02 City
skies were in better demand Sales OF new at 1907,
WlthgI4 bid for the old issues. Lehigh gold loan
Reading Railroad was rather quiet and shade
lower selling at 4S@4S'5. PENNSYLVANIA Railroad
gheny Railroad was taken Mt 3s@3sA. 60 was bid
for NUrristown, 36 for North Pennsylvania, IS for
GataWlssa preferred, ana 20 for Philadelphia and
Erie
In Canal shares no sales were reported. Sih was
bid for Lehgh Navigation.
Coal and Passenger Railway shares were without
Improvement. Mechanics Bank sold at 33k.
The Lehigh Valley Railroad Company has de-
cared dividend of two and half per cent, which
is payable at their Office No. 1903 Walnut street. on
and after Friday October 10. The stockholders of
this company are entitled to subscribe at par for
share OF new stock for each eight shares fraction
OF eight shares that may be standing in their names
at the closing of the books the 3Oth instant The
subscriptions Will be payable in cash, either in full
at the time OF subscribing or in instalments of
twenty-five per cent each payable in the months of
october, 1862 and January, April, and June, 1870.
1he subscription books are now opened until No.
.vember l. The Lehigh Valley Railroad stock is too
well known as q hrst-caSs Investment to need any
special recommendation, and there is no doubt that
this new issue will be taken up Immediately.
PHILADELPHIA STOCK EXCHANGE SALES
Reported by De Haven Bro, No 40 s. Third street.
FIRST BOARD.
$1,000 City 6s, N. .ls1O1% 100 Reading .9OdsaF5 4s
$1,000 Pa 6s ! se.....102 100 do ......c. IS
$4,000 Am Gold. 1915 100 do e. ...b40. 4s%
so sh Penna r.. =. 56& 100 dom. IS
do. ..... Is. 564 40 do.......c.47.94
do......... 56S 100 do. .b30. 4S3S
100 do. .b3O 56% 43 sh Leh VR.. is. 81
100 sh Reading bio 4s1S 100 sh ca AR. 8s
100 do.......c. dS 100 do.... .b30. ssh
% dO......... dS
MEsSRs. WILLIAM PAINTER & Co No. SO S. Third
street. report the following quotations ~. s. 6s of
1881, 11936@1194 52Os OF 1862, 19@1192S; do 1864,
1l9@1196; do 1865, l19l6@l19A; do. July, 1865,
117&@1171; do July, 1851, 1175S@11s; do. July,
r. Cy. IS 1OS@1Os}6. Cold, l3l%@132I. Market
steady.
MEssRs. DE HAVEN Il BROTHER, 40 No. s. Third
street Philadelphia report the following quotations:
y s IS Of 1851 l19@li92@ do 1862 119A@11976 do.
1864, 119@1194; do 1868, 119@i191; do. 1865, new,
do, 1l7A@11s; 1O-4Os 1OSA @1O9 U. s. 80 Year
6 per cent Currency, 1OS@10S%; Due Comp Int.
| Notes, 1914 Gold, 1871 1I@132; Silver, 127@18O.
,A JaY COOKE CO: quote @ Government securities as
| 1192l@120; do 1864 119@19I do, 1865, 1l9@
| 1193a; do, July, 1865, 1172l@lls; do do, 1861
| 111H@1lS96; do, 1865 11z1@1ls; 1O-40s, i0S4@
1O9; 6s 1Os@1Os1l; Gold, 1915.