The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-04-20
FINANCE AND COMMERCE.
EVENING TELEaRAPH OFFIcF.t I
Thursday, April 20, 1871.


The local financial market is very dull to- day,
owing to the disagreeable weather and falling
off in the demand for speculative loans. There
is, In fact, very moderate demand for money
from any source to-day, and rates, with q full
supply of capital seeking investment tend to a
lower scale. We quote on call at 5CD6 per cent,
according to collaterals, and good business
paper meets with ready sale at per cent. for
periods ranging from one to six months. The
offerings are exceptionally small.
Gold Is quiet but strong, the sales this morn
ing ranging from 11179@l1l96, closing at the
latter.
Government bonds are active and very strong
at general advance of %D16 on the whole list.
At the Stock Board there was fair degree of
activity, and prices were generally strong Sales
of Pennsylvania 6s, second series, at 107sz, and
City 6s at 100 for the new bonds.
Reading Railroad was quiet, with sales at 543s
@54-44. Pennsylvania was steady, with small
mira preferred at AZ Camden and Amboy at
119, and Northern Central at 429S. 81 was bid
for Catawissa and 46H for preferred do.
Canal stocks were quiet, with sales OF Lehigh
Bank stocks were rather more active than
usual. Sales of North America at 235; Mechanics
at S31 (D3315 Manufacturers at 3015, and Bank
of Republic at 100.
The progress of the new United States loan
is shown by the following communication from
the Treasury Department.
TREASURY DEPARTMENT, WASHINGTON, D. c.,
April 10, lsT1.-Messrs. Jay Cooke d Co., Phiadel-
phia, Pa.-Gentlemen: THE following subscriptions
were received from national banks this day.
Grafton, Mass, First National Bank. 49,. $4,000
Erancestown, N. H., 10000
Reading Pa, ..... 10000
Lowell, Mass, Wamesit National. .......... 10000
Total subscriptions ..................s $50, 900
Very respectfully,
JOHN p. BIGELow, Chief OF Loan Division.
--Messrs. Jay Cooke 81 Co. have received the
following subscriptions to-day to the new Gov
ernment five per cent loan:-
saltwater, Mass, First National Bank 10000
Media, Pa, " ....... $4,000
PHILADELPHIA STOCK EXCHANGE SALES,
Reported by De Haven Bro, No. 40S. Third street,
| FIRST BOARD.
$4,000 Pa 6s, 2 se.. .1O72ll 81 sh Penna R.. 65k
$1,000 1SSS Ssss SS s sh SOrrstn Soed r. R: ss
$1,000 Cata new rs. 90 200 do. ....s60. 643S
$4,000 Sun 4 E U.s.. S9X 100 do. 49,. b30. "a "A
$1,000 w Jer 6s.... % 100 do go. b3. 81 A
S27OO City 6s, New .102 sh Emira Pr 40
| $1,000 Susq Cnl Sc. =. b5 sh @ A H.. 119
$1,000 Pa gen m bs 800 sh Leh N. boo 35x
| Cp.... 94H 100 sh Leh R.. n
| $500 Leh 6s..... 92Hl 80 sh N Cent R.. 42%
| 8 sh Blk Of Am 23e 100 sh Bank OF Rep. 100
! 10 sh Mech Bk.... 33A 100 sh Hestonv'e boo 81 x
| 10 sh Manuf Bk... 30h
| MEssRs. DH HAVEN BROTHER, No. 20 8. Third
Street. Philadelphia report the following quotations:
y. s. es OF 1881, 117@1l14; do. 1862, 1ls&@l14 (;
do. 1884, 119%@113S; do 1865, 113%@1137s; do 1855,
new, 112s@112zs; do 1851, do. I2%@1121S; do 1858,
do. 1127s&1l31s; 1o-40s lO9S@lO9%. q. 9. 80 Year
s per cent Currency, 115l5 5ts1153G; Gold, ll1N@
11iA; Silver, iOeH9ios; Union Pacific Railroad
road. ssh01oo; Union Pacific Land Grant Bonds.
| 79A79h,