The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-02-23
FINANCE AND COMMERCE..
OFTIoE OF THR EVENING TELHaRAPH,l
Wnd nnsdnv. Eah 0l lR1n z

~
"Wednesday, Feb. g. 1870 :
Currency continues very abundant in our
market, and with only moderate business de-
mand for it, Rates favor the borrowing classes
in nearly all cases. Lenders show quite a com
mendable confidence in commercial credits aud
lend freer on paper to all who can present good
vouchers. The rates are exceptionally low,
period last year.
We quote call loans at per cent on accept
able eollateras, and time loans having two 10
three months to mature at COZ per cent, accord
ing to credits.
Gold is quiet and continues to grayitate to-
wards the los, though the movement is slow.
The market opened this morning at 1887, de-
clined as low as 1885, and about noon it was
selling in New York at that figure.
Government bonds are quiet enough in this
market, the chief transactions being on foreign
account, but prices, compared with those of
Monday, show further advance of 1sGOX all
through the list.
The Stock market was quiet, and prices about
steady. In State and city securities there were
no sales to-day, but prices are fairly steady.
Reading Railroad was quiet with some sales
at 491s6p49 3-16. Pennsylvania Railroad was
firm; sales at 5714. Minehil Railroad sold at
5I9@5l94 and Lehigh Valley Railroad at 544.
1873 was bid for Catawissa; 354 for preferred
do; and 2S]4 for Philadelphia and Erie.
In Canal stocks there, was nothing. doing
q was offered for Schuylkill; 1G, b. o., for pre-
ferred do. and 3214 for Lehigh.
In the balance of the list the only sales were
in Mechanics Bank at 3l5s, and Manufacturers
do. at 80.
The Union Pacific Railroad sold from July
2S, 1869, to January 81, 1870, 134,025 acres,
ut an average of $4'60, amounting to $614 $685..
PHILADELPHIA STOCK EXCHANGE SALES.
Reported by De Haven Bro, No. 40 s. Third street,
FIRST BOARD.
5000 CITY S. New .1Oo2s 200 sh Reading r.. 49y5
81 MaHaf Manu- iA BR 50 500 90 do. Us boo 40 svs sis
II sh Penna R.s. 57i&, 80 do........ 49,
s do......... 57A 100 do. s5&n. 49,
100 do. .ls.2d. 5TA goo do -. .ls.c. 495S
13 sh Nnehll r.. 51sf, 200 DO. .ls.49 lilo
110 sh Leh Val. lis. %l 105 sh Mlnehill Is. 5lH
81 do. ....ls. 54A 10 sh Cam " A X. 1l6aa
JAY COOKE & co. quote Government securities as
follows:-U. 8. IS OF 1884, 117A@lls; b-20s of 1882
l1t3s@1152S do, 1854, 1144@1l49l; do, 1865 l14h@
113A@1185S; do, 1858, 113ss@ll3zs; 1O-4Os, 1123a
1928; Cur. 6s 111N@11ls<. Gold, 11ssS.
MESsRs. DE HAVEN Il BROTHER, No. 20 g. Third
Street, Philadelphia report the following quotations:
u $. 6s OF 1881, 1l7%@1177s; do, 1862, 1151@1I6&
do 1864, 14s@1142s; 40. 1885, ll4'6@l14sS do 1866
new, n3@113A; do. 1867, do. 113k@11321; do. 1865
do, 113H91l32i; lO-40s, 1123[@1125S: o. s. 80 Year
per cent. Currency, 111;G@1I1%; Due Comp. Int.
Notes, 10; Gold, lSha1lsH; Silver. 1l6@11s. Union
Pacific X. II. 1st Mort Bonds eS55BST5; Central Pa
cifc r.. II. LIST Mort. Bonds s96O@9lO; Union Pacific
Land Grant Bonds, s6966IlO.
MEssRs. WILLIAM PAINTER Co., No. sc S. Third
1884, 1172i@11S; 5-2Os OF 1862 1155sCS115I; do 1864
114T@114sG; do. 1865, 142i@11476 do, July, 1865
1i31S@1131; do, July, 1861, 1I3E@113H; do. July
1865, 1136@113S 5s, 1040 11215@112s4; o. s. PaeIhc
RR. Cur 6s, 111H@1i12l. Gold, 11sAS11S16. j. ID ..
NARR a. LADNER, Bankers, report this mornings