The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-01-11
FINANCE AND COMMERCE.,
OFFICE OF THE EVENING TELEGRAPH,
Tnaadnu La. n Iarn

IL, \
The weekly statement OF our banks is favorable
to the future OF the Money MARKET though the ex-
tent OF the Improvement is rather limited, owing no
donbt TO the heavy investments In railroad and other
stocks during the past week. There is an increase
In the specie reserve OF Sos S2S; In lega-enders OF
singular that with these additions to the supply
OF loanabe funds the loans should have diminished
Sl9OO92. The same thing occurred last week and
can only be. accounted for by falling OF in the
demand for loans. The business done was unprece-
dentedly large, the clearlngs being over seventeen
millions In excess Of last week. -7T-
The loan market opened quiet and easy and most
OF OF the banks have more funds than they can ind
immediate employment for. We quote on call at 5
@6per cent, and discounts at 500 per cent on good
Gold opened weak with sales at 122S. and in the
course OF the morning fell of to I9s}s closing at
noon at 1z21{, decline since yesterday OF r.
Governments continue active in consequence OF
the Government purchases and the steady demand
abroad, but prices, with few exceptions, are
There was a falling off in the business at the
stock Board today, and prices We're or City skies
gold loan was quiet, with sales at 90.
Reading Railroad sold to some extent at AK, b.
so Penpsylyana Wy Railroad was disposed Of at os,
Catawissa preferred, and 2sX for Philadelphia and
Canal shares show improved activity. Sales Of
Lehigh at 93lS. Among the Bank shares we notice
sales Of Philadelphia at 1851, and Mechanics at
The annual statement OF the Union Mutual In
surance Company, which is to be found in full In an
other column, shows that company to De in an ex-
ceedngly prosperous and substantial condition Du-
ring the year just passed they have paid LOSSES Ore
and marine, to the amount OF Sl10,S87b9, and vet
their assets foot up the handsome of 1856 49,
In addition to this they have just declared dividend
of six per cent on the capital stock, payable de-
mand. - .-t0 b. Il
PHILADELPHIA STOCK EXCHANGE SALES.
Reported by De Haven Bro, No. 40 S. Third street.
FIRST BOARD.
1920 City 6s, N. ls. l00H 9sh Phil Bk. sc, ,165H
$500 do....9d.ioo 300 sh Reading | II. .4S;zs "a
iilSS D. DO; ..c.iSo lss 81 Penna Is ssis
$1,000 w Jer r 6s.... SO SO do ID bili bs
s2OeO Leh Con d.. 70 10 do...... SO
$1,000 Leh gold Lie. 90 100 sh Leh N ST.. sa3i
$1,000 do......... 92 400 do .... 8s5.
-NARR LADNER, Bankers, report this mornings
Gold quotations as folows:-
1000 A. .122H 90 p M............ 1224
1850 " ..;.........122H llO2 ............. 1873
MEssRs WILLIAM PAINTER Il Co., NO. sc 8. Third
1881, lls@1lsA; o-9Os Of 1852 116@ll6A; do. 1884,
116X@116X; do. 1856, 115A9116zs; do. July, 1855,
1858, 114a@1l5; IS, 1910. 112%@1i3 u. s. Pacific
RR. Cur. 6s, 109sz@110. Gold, 1s2A@122H.
MEssRs. DE HAVEN q BROTHER, 90 No. 8. Third
street. Philadelphia report the following quotations:
u. 8. es OF 1881, 116@116h; do. 1862, 116SS116a;
DO 1854, 116H@116a; do. 1885, llt1d@li6; do. 1885,
new, l14h@lis* do 1857 DO 1142l@ll4zs; DO. 1868.
8 per cent. Currency, 1094@11O; Due Comp. Int
Notes, 10 Gold, 122@1224; Silver, 117@119.
JAY COOKE a Co. quote Government securities an
follows;-U. 8. 60 Of 1881, 11s@11s& b-2Os OF 1902
116@116%; do, 1864, 115&9115%; do, 1885, lloI6@
116; do, july 1866. 1143T@1l4%; do. do, 1861
114a@116; do, 1868, 114A@116; 10-40s 112H@
1i2I6 Cur. 6s, 10s%@1l0. Gold, 122A.