AMERICAN RAILROAD JOURNAL.

1201

New York Stock Exchange.
Actual Sale Prices for the week ending Dec. 12.

Th.6. F37. Bet.8. M.10.Tu.l1. W.12
1 AL Brooxs:—- -
(is, 1871, reg. .. -- --..
5s,1871, coup... ----
55, 1874, reg.-..... .....-
55,1874, coup ..... ..
5s, 1865, coup.--..-..
5s,10-40s., ccup...--.
53, 10-405, mg ..... _-
65,1881, reg. ".108;
6s,1881, cou. .....113
65, ’81, 0.W.L. .--...
6s, 1881, “
6s,1867,reg.....-. ---.
65, 1868 reg.---.....-..

Fm

U

_ _—-u .--I ---u .-.-

—--- ---- ---- ----

.--. --.-

103;

100

163:}

‘and

.

13:3;

103
1123

1.1 21',‘

an.-

iii;

-
.

..--
4

--.- ---- p—-— --.-

{21dC‘lClC1C1ClC'.lClClC1C1Cl

-—-- .--- -.-- ----

iééi

-~—-

107;
ice;
106§

s, 5-20s, c. l862-1083

S. 6
65, 5-208, 0.1864-.1064
d
6

S
.8
S
B
S
S
.8
S
.8
S
B
S
S
.8
.3

R

163;
1653
105+
105%

S s,5-20s, c.1865.10'1i ;
S s, “ reg.._.-.106§
Notes, 1st series. ----
“ 2d series...l05§
- “ “ 3d serics..105§
American Gold-.... ---. .---

u-an

_9ddddd
"CD

105
105

-uun

Phllml olphia. Stock Exchange .

  

Actual Sale .P¢-ices for me week ending Dec. 11,

W.5. Th.6. F.7. Sat.8.M..10.Tu.11
Oattcwissa -... ..... ... --.. ---. ---- .... ..-... ___.
“ referred .... .. 281: 28 28 28} 233
Canhrlenéz nr‘1bogB;é§-130 -..- 130,5 130}; 130 1293
: "W--I ---- ---- ---- ---- ----.
3 ii §::?l2::::; :::: :::: ::::- 22:: .‘.’‘j’.*
:: :: gs»:s;-----   92  
5: ‘----- ---- ---- --~- v--- -—-.
0,e;,,D0,g,n;,§;,§,r;.’§896--~-- as    95t
Del. Div. Canal .... --.. 57 ._I. III I..I II III
Elmira 6: W’msport ...... .. .... ---. --.. ..___ ____
“ “ pi-ef.-_-. .--. ---. -... ____ __._
“ ‘ “ 73-..--- .--. .--- ..-..- .--. ____

Lehigh Navigation .-.. 56; 565 56} 56} ...... 55
L h“ “ ' 6s,’84.... 92 .92 91% 92¢ 91; 925

9,3211 vaggey 1;,  68 as an as
Lapse BclnpylkiU.It.Ih..._. .23: ---. -... ZZZ: IIII
9-------- ---- ---- -~-- -n-n’ ..-.
Long Island --.......- ---. -... .--- .--. -.-. ...... ...-
U H 5 ___________ __ ____ ____ ___‘ -___ ____
§inel1il1‘----l.--u ------- 58 533 38% .--. .-.. --..
°3i““ °“«’?“ ‘,;.u::::::::: 21:: -.'_’_ .“i‘.‘. :::: ‘z’:
is It (53 176____ ____ ____ _____ ____ ____ :_:_
North Pennsylvania .... --.. ..--.. ---- --.. -..-.. .---
“ ‘ s..-.... --.. 92 -... ---. ...-
It 3‘ ]_()g_____ ____ ____ ____ ____ ____
Northern Central .... ....-. ---. ---. .-.- 48 47%
Penusyll‘van1uR.1R€.... 54% 54% 54} 545- 54¢ 64,‘;
s m...... --.. --..~. .--- --.- .--.
“ 5 2d 111.- $7; .35 993 97% .-.. .-..
"‘2?“' S“?«‘°'.2;;:.:.'*s;.:.-..  1:1: 22:: :21: :22:
u H 63 .6.  .-.. .86. 13% 103 .--.
Philadel bio 11-3’. 3-----~- —~-- - ---- ----
“ p " now. 99} 99k 99% 994 99} 09%
Phil 3‘ G ‘£5 §_n‘l)]i‘1'.l0 :3: 99; 993 994 --.. ....-.
. :1 arm. .. .--- ---. --.- --.. .--.
Pl1ile..&: Rez:,ding6.-.;.éé. tag 555 as; 555 54:‘; 551
u u s§I»7oIIIII I222 I221 .222 I222 ICIC
Philedplphls &. Eaie (3.. 31g 31$ 30% .... .-.. .65..

‘ fl..-—. ..-- .—.- --.. --..

Philnd. dc Sunbury, 7s- ---- ---- .--- ---. -... ---.
Schuylkill Nuvi:;o.tion... 25. 251% 25?; 26 .--. 245
“ “ pref. 34$ 34$ 83 ....-. 83% 331
“ “ 6s’8'Z ...-..- 83 -.-. 83 -..... ..-.
“    -“‘- "‘-W Ifiii
" 8s ---. .-.. ....
Susq. Canal --.... ........---—.- .... ---.

“ “ 6s’78............--. -... 60
Union Canal, pref. -..... ---- -..- .--.

“ “ 6s’8  - 19
Wyoming V:x‘a.lleyb0a1:1a.l. --.:  .54:
on s.---. ...- --.-
Hestonville, (Horse) 14; 145 14%
Chestnutcicwel. “ .-.- -..-.. 54 .-.. -..- --..

 

Green on Coutes,

--.- .--- ---. -.-- unu-

H
2d and 3d streets, “
Spruce «S: Pine, “

on-n ---. uw-. -.-- .-..

 

Baltimore Stock Exchange.
Actual Sale Prices for the week cmling Dec. 11.

W.5. Th.6. F.'l.': Sat.8.M 10. T1111

Baltimore City as, 1875- 97} 971; --.. 97} 953 .-..
. K H 188 _____ ____ ____ ____ ____ ____

“ “ 1870---.. 97 ---- -—--a ---. -...

" “ 1890...-.. 9% ...... 99f 995 -...

Bali. and Ohio.......... .... .--- .--- 114 113% ....-.
' “ “ b1dS,’62u~cI- --~- ---- ---I ---- ----

“ H H 167___._ ____ ____ ;___ ____ ____

H H H 175_____ ____ ____ ,____ ____ ___

. u x: u :30, ___._ ___., __._ __._ __,_ ____

.N u “ ’85_....... 98 ...- -... ..-. .--.

bTorthem Ccntrol..... .. -.-. 48 .. .- 48} .... 435
u u was, 1ss5--.-. --.. --.. .--. ..-. -...

H H H 19Q0_____ ____ __.° ____ ____ ____

City Passenger R. R......... ...... .... .... 18 ....

Boston Stock Exchange.
Actual Sale PT1068 for the week ending Dec. 12.

Th. 6. F.7. Se.t..8. M.10. 'l‘u.11.W.12
Boston and Lowe1l.. -.--...
Boston and Maine .. -......
Boston and Providence -..-
Boston and Worcest.-_.146§
Cheshire, pref.. -..... .... ......
Concord .._____. __
Connecticut River -

1'56‘

nan-

{£62}

1305

151'

.--.
---.
.-.:
-«-a

63

a-.-

---- u--a ....

   
 
  

unun --.- --.- .---

---. -oau --an .--.

114

-~.—

Manchester & Lmvr’ce........
Michigan Central .... _ .
Northern, N, H. _.._____1o
Old Colony 6: N ewport.103
Ph., Wil. is Baltimore ......
Portl’d, Saco dc Ports.-. .---
Vermont dc Canada
Vermont 6; Mess.
Western--..- --.- ..-.
Broadway (Horse) ...... -.
Cambridge “ ..-... 93
Metropolitan “ ....-. 56:]
Middlesex “ --.. 48
Oontrcl Mining Co. ..-. ..--
Copper Falls “ 4
Franklin
Huron

lsle Royals
N utional
Minnesota
Pewabic
Pitt-sburg
Quincy
Rockland

 

103%
68

saw; ___u

103
58

4-up

103
58

..g.8...

loo;

nun-

62

736-

  

fie"

.--- .-an
-_u- ----
----

56$

n[- -
-5160
42,
39,

~-._

503
42,1;

----

.... --

'ii§
23

38
6%

29

40

h"""I§ U\'~
---..:.-....

39;
6t

-------- -u

.... --

 

London Stock Exclmmnge .

The following Were the closing prices for Amer-
can Securities on the 23rd of November.

United States 5-20 yrs., 1882, 6 per cent ...... .. 70,*,@ 70%
Virginie. State, 5 per cent .... -..... -.....----.-... .. 49 @ 51

Do., 6 per cent ............................. .- 41§@ 42$
Atlantic and Great Western, N. Y. sec., 1st

rnort., 1880, '7 per cent .....- -..... .--. --.-...-....- 68 @ 72
Do. do., 2d mort., 1881 .................... .- 66 @ 70
Do. Pennsylvania, 1st mort., 1877---. ---- --- 69 @ 71
Do. do., 2d moi-t., 1882 ----..--.. .-.- .--- .-.--. ‘66 @ 68
Do., consolidated mortgage bonds, 1890 ---..- 42§@ 43%,
Erie shares, $100 (all paid), 8 p. c..... ---. ---. --.. 49g@ 50

Do., convertible bonds, 6 p. o .............. .- 68 @ '10
Illinois Central 6 per cent, 1875 .-.. .--. -_----.. 82 @ 84
Do. 7 per cent, 1875--.- ........... .... ..-. -...-. 66 @ 38
Do. $100 sha.1'es(:tllpnid) ................... __ 78 @ 79

l§_u1'ic%n and Cincinnati R. It. bonds, 7 p. c --.... 68 @ 70
ow ork Central. $100 she.res---. ---. ---. .--- — —
Pnuamn. Railroad, 2d mort., 1872, 7 p. c ....... -- 1 %,103
Peréiiisggvaxlxlin R. R. bonds, 2d mort., con. 6 p. c- 83 (3 85
0. 0 s ares .-.. ...- --.- .-.. --..-....__ ---- ...- 2 @ 36

Phila. and Eric 1st mort., 1881, (guaranteed by
- ....-- .---- ,74_@ 76

Penn. R. R.) -... ---- .--- --.. ..-- -..-
Do., with option to be paid in I’hils.delphis-- —— @ -

Alncrican Railroad Journal.

Saturday, December 15, 1866.

Stock Exchange and Money Market.

There is remarkable uniformity in the current
workings of the Money Market. A steady accu-
mulation of capital is reported at this centre.
The banks are gaining rapidly in the line of
national currency, the remittances of which from
the West are quite liberal. There is some out-
flow of legal tender notes to the South, where
national currency is not in as much favor as the
plain greenbacks of the Government. Hence it
is that while the city banks show a. falling off in
their legal tender reserve, they report an inconve-
nient increase in their supplies of national" bank
notes, for which, in the prevailing prostration of
legitimate enterprises, it is difiicult to find employ-
ment Without cheapening the price of money, and
helping to renew the speculative excitement of
the autumn months. At present, the manifest
tendencies of the market is wholly in favor of
responsible borrowers, who are enabled to pro.
cure all the. aid they temporarily require at the
rate of five to six per cent. on Government and
other strictly prime collaterals. Exceptional call
loan _negotia.tions are reported one per cent. above
and below these quotations. The city banks keep
up their rate to seven per cent., but find it hard

to place any new loans of magnitude at so high a
figure, while private capitalists are seeking con-
trolablc employment for their accumulating bal-
ances at the average price of six per cent. Prime
short date commercial paper is in demand among
the discount houses at 6@7 per cent-., and long
date do., at 7@8 per cent. per annum. There is
no reliable market for other grades, rates on
which are very irregular. Nobody seems to ap-
prehend any action on the part of Secretary Mc-
Culloch, or the national legislature, likely to dis-
turb the growiug ease in money, so essential to
the prosperous funding of the maturing obliga-
tions of the Government. So far as the Secretary
is concerned, we know definitely from himself
that, as in the past, so in the future, his object
will be to keep the market steady and to work
back to specie payments without a financial col-
lapse. This is his judicious programme, as set
forth in at letter of the 7th inst., addressed to the
Hon. E. G. Spaulding, of the Farmers’ and Me-
chanics’ National Bank of Buffalo, N. Y. And it
is_ more than probable that this will be the pro-
gramme of all the truly wise and conservative
elements in Congress. The Secretary in the same
letter, announces that he will act in the future, as
in the past, with great caution, and that he Will
attempt no impr:1ctica.ble thing. We have not
the slightest doubt that, in such an aim, Congress
will be one with him, seconding his efforts to
maintain the public credit, by judicious legisla-
tion, relative to industrial and commercial interest
of the country. The last exhibit of the public
debt, brought up to Dec. 1, is regarded by busi-
ness people as eminently favorable to an easy and
unembarrassing Money Market, as far as depends
on the policy and negotiations of Secretary Mc-
Oulloch. The point in the debt statement of most
immediate practical interest is the strength of the
department in the way of currency reserve. The
currency balance in the Treasury increased from
$30,918,922 on the 1st of November, to $40,195,-
281 on the 1st inst, which large reserve, independ-
ent of the revenues, affords adequate means to

the Secretary to pay off promptly all the matur-
ing currency interest claims of the Seven-thirty
note holders, and all ‘of the unclaimed past due

indebtedness of the Government, thus enabling
him to abstain completely from any line of con-
duct likely to disturb financial or commercial
values unnaturally. Another significant feature

of the debt statement is the contraction of the

legal tender issue, which amounted to six millions

in November. The aggregatellegal tender circu-

lation, including plain greenbacks and compound

interest notes, is $582,828,989, against $538,707,-
925 on the 1st ult. The plain greenback circula-

tion on June 1, was $402,128,318; Aug. 1, 8400,-

361,728; Sept. 1, $399,603,592; Oct. 1, $399,165,-

292; Nov. 1, $390,195,785; Dec. 1, $385,441,849,

showing a. contraction of about seventeen millions

in six months. From the last weekly return of
the city banks, it appears that there‘ has been,

during the week, a decrease of $2,891,641 in the

item of loans, $5,212,355 in the deposit line,

$538,601 in the legal tender reserve, aud.$374,957

in the specie reserve. The Groton National Bank

having been admitted to membership, made"its

first report to the Bank Clearing House lastpweek.

The city bank deposits are now $203,676,822,

against‘ $228,484,370 week ending Oct. 6, 1866,