The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-02-22
FINANCE AND COMMERCE,
OFFICE OF THE EVENING TELEGRAPH,1

Business was almost entirely suspended to-
day, the Stock Exchange, Commercial Ex-
change, banks, banking houses, and many Of
the wholesale stores being closed.
From the ". Y. Tribune.
"Money was easy at COZ per cent. on stocks,
with the bulk of transactions at the lowest rate
Dealers in Government bonds were supplied at
per cent, and some balances were left as low
as per cent. The fact that Monday was a holI-
money in order to make the three days. Inte-
rest
NEW YORK CITY BANK REPORT.
Esssssss;s ssS:ss s; Dee ~ 9ss
4 :5 {; SssSs B:s: :5;
q Pss S1II 6! $40 1sls
Loans,........ 26i $50 az 2tS issSss Dec s52.S
1.-The bank statement shows continued con-
traction. Legal tenders have decreased s., ,337,-
!ion. SO, lsS; Loans, S552889 The Total loss Of
reserve Is ~, ,49OSl4 The gold has uc-n used to
pay duties, and the Sub-Treasusy mas gained
about the amount lost by the banks. The pay.
ments into the Treasury. on account of inter.
nal revenue, are reported heavy for the psst
week and IL Is said that 10 has gained az least
% 70 oVUVoO IN currency, which accounts for the
ut was reported that the Erie Railway dIree.
non non nave made an amicaoe arrangement to
known for some days that negotiations were in
PIogress, and the statement was generally be-
From The ~ y. World.
The stock market has been unsettled during
the week owing TO raid made on Pacific Mail
rev YORK Central, and the market generally.
Dy Inc 'Dears,' who arethe chief sellers, predf-
Gated On The war between the great railway
trunk lines and the reduction in freights, which
against former charges of $40 to $50. The
loss loss irom these low rates falls on the three
Western roads; The theory Of the
the trunk lines win affect the market for ali
railway securities. Thtsrailroad war, however
may cease on any day, and arrangements may
DO made to advance freights to the former
| tariff The market to day was quiet but firm at
the close. and the strongest stocks on The list
Michigan Southern, Wabash, Fort WAYNE, and
| In the miscellaneous list, Mariposa preferred
! On the publication OF the bank statement there
was some pressure of sales. but all that offered
was taken freely, and the market after wards
| improved Southern securities are steady at
the following quotations:-North Caroy,nS
bonds old. 0s @ 70 oSH North Carolina bonds
een nsW BONDS 90 90 Sa s0u1@ 80 1 Caroline six per
per cent. bonds, new, 6014 to 7O South Carolina
registered stock, old 50 TO 81; Charleston. s. O.
stock, 40; South Carolina Railroad six ner cent
| bonds ~; South Carolina Railroad seven ner
road, Stale guaranteed bonds, 5S to 5s: Ten.
nessee six per cent bonds, old, 66N TO 6S Ten
Memphis CITY six per cent. bonds. SO to 5OI5.fi
From The r. ". Herald.
''rhe week In Wall street closed upon a vary
| easy money market-too easy, in fact To nef.
nit tne peiei tnat lts condition is wholly nor.
NAL and devoid OF artificial Influences Tine
change Iom seven per cent. gold. the rats nf
Interest on "Wednesday. TO four per cent on On
Saturday is too sudden TO be the result ~ Ie1iti.
mate abundance, although the humber OF offer
| to the desire TO secure three davs' Interest
for the holiday to Tuesday next The
rear sscte' OF the difference lies In the ,l Wish
who came near aocompl plishing . panic tne
ptnea Gay, 70 unload what they then pongnh. hase ~
low n8oIes In the Government mLhes 'nanSS
haepeen great deal OF this speculation @Aa