The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-01-24
FINANCE AND COMsEERCE.
OFFICE OF THE EVENING TE1EaRAPR,l
Monday Jan o. 1870

OFFICE IIVENINd TEIEGRAPH1
Monday, Jan. a. 1870. ;
The past week closed on remarkably easy
Money market and the same feature is apparent
in financial circles this morning. There is
great plethora of national bank currency, but
the rates for loans are not so low as they have
been on former occasions when the supply and
demand were more evenly balanced than they
are at the present time. This fact may account
for the dulness in the discount market in a great
measure. The demand for capital is by no
means pressing, and borrowers can afford to
hold off for better terms than now rule in the
market, and the probability is that for another
month at least borrowers will be able to COM
mand their own terms.
We notice no material change in the current
rates to-day.
Gold opened strong, with sales at 1871 ad-
vanced to 121 and closed about noon at 12l Is.
Government bonds are very strong, and prices
show an advance of fully - per cent.
There fair business done at the Stock
Board, and prices were nearly all better. The
new issue of City Skies sold at 1904. Lchigh
Gold Loan sold at 91Ts.
Reading Railroad sold freely at 47'44 and Az
b. o.; Pennsylvania Railroad was steady but
quiet, with small sales at 55ss@5519; Lehigh
Valley Railroad was taken at 5SSE; and Cata-
wissa Railroad preferred at 354 b. o.; 283s was
offered for Philadelphia and Erie; and 4313 for
Northern Central.
Canal shares were extremely dull. IS was
bid for schuylkill prefcrredi 32A b. 0. for
Lehigh; and SO for Morris preferred
In Bank shares the only sales were in Philadel-
phia at 1879.
We notice sale of Tenth and Eleventh Streets
Passenger Railway at 6814 f-f.
The bidding for Coal shares was quite lively,
but there were no sales to report. -
PHILADELPHIA STOCK EXCHANGE SALES.
Reported by De Haven Bro, No. 40 s. Third street.
FIRST BOARD.
$4,000 Amer Gold. .12lHl 10 sh Bk OF Am .225
$500 City Us, ,Newls.100A sh Phila Bk.. /. 1914
$1,000 SO0 Pa a. & m g. SS 4e sh Pe9na RE. oS5
$1,000 Len god l.; 9l;9 do,.,,.,... oo5s
100 sh Reading r. .4T'44 o do ......c. b5sG
100 do. ........ .47'44 1s3 sh Leh v II. Is. 5Ss
100 do. 49,. b30. an 100 sh Cata Pf. .b6O. 35H
200 do.60d.wn saf5. 90 sh 10th 11th.s5 6s1S
JAY COOKE n co. quote Government securities as
folows:-U. g. 6s OF 1881, 11s911S4; bl20s OF 1862,
l154e116; do, 1854, 1lb1@11b5S; do. 1866, 1850
116H; do, July, 1865, ll476@n4%; 90. do, 1861
114A@1142s; do, 1885, 114sS0@1l4zS; lO-4Os 1i2h@
1l2A Cur. 6s, 110%@11l, Gold, 1916. m lo ~
MEssRs, WILLIAM PAINTER IL Co., No. SO s. Third
street. report the following quotatlons:--U. 8. es Of
1881 11s@1lSIS; 620s OF 1862 1151g115yS; do 1864,
llbH@llo%; DO. 1858. ll5Y@ll5N; sY do July, 1885
1893 114HSll4sS So, dS,4o IiSA@li2s5 u s. Pacidc
MEssRs. DE HAVEN 4 BROTHER, 40 No. 8. Third
street, Philadelphia, report the following quotations
u. s. 6s OF 1881, 1lS@11SH; do 1861, 11bA@l15SS
new, l147s9ii4 y 10 1851 DO li4sse do. 1858,
6 per cent Currency, 1l0&@1l0H; Due Comp. Int.
Notes, 19i Gold, l2i@l21A; Silver, i16S1ls. 4 ~
Mann 4 LADNER, Bankers, report this mornings