The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-03-24
FINANCE AND COMMERCE.
OTFICE OF THE EVENING TrLReaApu, !,
Wed nc sday March ol Iaaa

"wednesday, March "a, 1859,
The doubtful course OF the Money market
during the next two weeks is a source OF much
uneasiness among the mercantile classes of tho
community, who anticipate critical period
That the regular market is only moderately sup
piled with available funds the bank statements
are sufficient evidence, whilst the position Is
favorable for a new locking-up system, and
many anticipate that such course will be
taken.
at present the market can scarcely be termed
stringent, inasmuch as money can be had either
at the banks or in the outside market on the
usual conditions as to security and interest, but
lenders are very firm In their rates for accom-
mediation, and when pressed are not backward
In eXacting higher scale of figures than gene
rally rules in the market
Call loans we're active to day at 6017 per cent.
on Governments, and at 708 per cent. on other
securities Street loans were made at figures
ranging between SOLO per cent. for prime obli.
cations. large business in time loans was
done to-day at 12Q 10 per cent.
Government securities are very dull to-day
and are lower. Gold maintains steady front
ana aen,s me tendency {. Is to higher figure. The
The Stock market was dull and prices weak.
State loaas were Quiet, with sales OF the first
series at !02; third do. at 1062; and coupon war
issues.
In Railroad shares there was but little
activity. Reading Rairoadsold at 455; Penn
sylvania Railroad at 57k; and Minehill Railroad
at 643. 42a was bid ior Little Schuylkill; "a for
North PennsSl lvanla; 552 tor Lehigh Valley; 39&
for Catawlssa preferred; 25s for Philadelphia and
Erie; and 4S Tor Northern Central. aco
Canal stocks we're neglected. ia was offered
for schuylkill Navigation; 3Oi for Lehlgh Navi.
cation; and 60 for Morris preferred.
In Coal and Passenger Railway shares nothing
was done. ....
The. $4,000, 900 seven per cent. gold loans
issued by the Lake Superior and Mississippi
River Railroad Company, and thrown upon our
market few days ago, have met with q steady
demand from capitalists, and have become 30
limited as to justify the fiscal agents here, Jay
the small balance on the market at 100. instead
of 95, which has hitherto prevailed Those
who would seek investment, safe and profitable,
for unemployed capital, would do we'll to make
early application, as they will undoubtedly soon
command premium, as they are free from tax
and pay per cent in gold.
PHILADRLPHA STOCK KXOHANGR SALES TO.DAR
Exported by De Haven q Bro. No. 20 g. Third strsse
;sSSS a2 sss; ;ls-ISss 81 SssSs E..s- e
s o,v q nav 1$S g s.s:Mss%% Nss%
.SS sSS p,,,.S SS ss Sc Sc SS:-is s
!SSssSS E ssis = ss& = = MlssS::ss s
Efad Ssss weSHls sss
-Messrs. De Haven & &Brother, No. 40 South
IhTd street the e II sas ss
@ll5d; do. 1852, 1l7s 7s0llst; do, 1864. 1Is4@
ll32; do. 1865, ll5bail6t; DO. 1865, new. ll2t@
llS5; do. 1867 neW, ll2G@lisai do, 1853, li2l
6 per cent. Cy., 1885 s@lO3s; Due Compound
Interest ao Notes, 1si; Gold. 1s140l3lt; Silver.
-Messrs. William Painter Co., bankers,
No. SO South Third Street, report the following
rates of exchange to-day at IL o'clock:-
1852, 1l7s @l1ss; do, 1864, 1l9i@ll4; do, 1855.
115S@1l6; do. July, 1856, I12k@l13a; do. July,
1867, 1I2S@1l3a; do. 1868, l12s@l13t; 5s. I6-40s.
lo4b@l05t. Compound Interest Notes, past
due, 1895. Gold. l9ll@131l.
-Messrs. Jay Cooke l. 90. quote Govern.
ment securities, ETC., as follows:-U. 8. 6s Of
5.2Os, 1854, 1l3s@llsl; 5.2Os, Nov, 1865, 1850
l164; July. 1885, 1I3@11s4; do, 1867, 1850
113l; DO. 1868. l13@ ll34; 10-40s, I060l05I.
Gold. 1919. Union Pacific bonds, I03a@l04.