The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-12-08
3tlonctarr anO Commercial 3eNieh.
BALTIMORE, December I, 1858.

4{(0Nrtatn an0 commercial 4t0lfh).
BALTIMORE, December I, 1855
Railroad shares were rather lower to-day, but
most of the other Stocks on the list were firm
Northern Central Railway fell off = to q of dol
lar per share. The sales at the Board add up 050
shares. lot of 80 shares was sold at the opening
at S22H regular way, but subsequently 100 shares
sold at so seller, and 800 shares at S22 buy
ers's option 60 days, and it left off at S2l7s bid S22
asked regular way. After the Board lot OF so
shares sold at S2l7s buyers option GO days.
Baltimore and Ohio also declined - to =. There
were $50 shares sold at the Board at S5G1@ buyer
co days, and S5G1%@564 cash, and the market for
it closed at S5G3s bid, S5G1@ asked regular way
Baltimore city Gs were better to-day. There was,
however, but little done in them. We note sales OF
$500 1905 at 994@99l@. Sales also OF $1,000
Maryland G's 1890 at l07lI, which Is an improve
ment The sales of Railroad bonds include s 600
Northern Central ISs5's at 1884, and 81 900 York
and Cumberland guaranteed bonds at 93 There
was some movement to-day in Bank stocks The
sales include II shares Bank of Baltimore at 500,
cx-dividend shares Union at S7G3I, lG shares Far
ners' and Merchants at SiOI, 30 shares Franklin
at $ll3f, and so shares Fcls Point Savings nstitu-
tion at S255s. We note also sales to-day of 3l5
Springfield closed to-day at 81 bid, and Santa Clara
Mining at Sl734 bid, $50 asked regular way.
In New York to-day Virginia Gs advanced =;
Missouri do q; Reading RailroadH, and Cleveland
and Toledo IS, but Erie and New lork Central de
"';~"d y, ord Galena and Chicagc~I. The mar
ket closed duh at the second Board.
The New York Tribune of to-day, in referring to
the effect of the Presidents Message on the stock
market Of that city on Monday, says:
Business at the Stock Exchange opened this morning
at a decline of 4dS per cent on leading stocks new
parties making their appearance free sellers on the
strength Of the expected message OF the President
The to sell manifested by the acceptance of
the first bids made many the stocks and it ev
dent that the orders based upon the probable de
pressing effects of the message but it became equally
evident before the close of the first session that opn
ions differed widely this question, and in nearly
every instance the closing transactions the calls
at slight Improvement from opening figures
Between the sessions the market gained additional
strength, and at the Second Board, after the bel.
gerent" document had been partially discussed aud
digested, there a decidedly cheerful and a
moderate rally from morning prices The Message is
temperate in its tone than had been expected by
panic makers, but still contains suggestions and fore
Congress and the continuance of sy feeling upon
the subject of foreign relations. The bears of
Stock Exchange with considerable certainty count
the delivery of the usual number of spread eagle
get fairly at work.
large business transacted in State Stocks, at a
moderate decline from Saturdays prices, many of the
sales suggested doubt, by the gloomy ancipations
rS sold down to IS decline of per cent ana ir
gnas sold to the extent of S65o0o at concession
of as from prices of Saturday. TcnnesSees We're un-
changed We hear OF large private sales OF MiSSouris
amounting in the to 000 saturday and
to day. of which large portion taken foreign
count.
The New York Bank statement shows unexpectedly an
increase of loans of about threequarte of million
portion of which has arisen from discounts from Southern
and interior banks and portion from the appearance Of
an increased amount of produce paper for discount I'm
prsng that the bank loans can he sustained at such
expanded point 1t must be that these institutions are
taking lower grade of paper than has been usual one
paper &c, which has in other years gone into the
hands of private capitalists at than legal rates. De
ducng some fifteen millions for loans upon and invest
men in Government Loans Treasury Notes &C. it would
impossible for the banks obtain paper enough
employ their receipts except by relaxing in measure,
their usual Strictness of requirements.
The specie line does exhibit large increase
has been generally expected. The domestic drain has
been evidently larger than was estimated the foreign
shipment last week was only 2l33OO0 The net deposits
show increase of about 100000. the natural result
of the increase of loans and the deposits of California
gold.
The following is a comparative statement of the cond
ton of the New York Banks for the weeks ending Nov u
and Dec l.
Noy: q; Dec 4 oo.
Specie. y ,73l y 727 Inc. $50
sci 80 ns ns ss2 sS
The following is the business of the Michigan Southern
Road for November, 1857 and 1858
Receipts .s174 o23.39 $lS274547
Expenses. 99,OS773 1%7 ,40l.5
Net Profits ... s74 93566 $45.3I3 %
The receipts of the Illinois Central Company Novcm
ber S22l As which $50 600 applied to the
of Bonds.
The weekly statement of the Philadelphia Banks PIE
sent the following aggregates compared with those of
the previous week The only change Of any moment is
the increase in capital SIPS 995 occsoned by the add
tion of the Union Bank, whose statement appears
to day for the first time:
Nov 90. Dec. 6.
Capital, S11 ,450,l25 $ll,5S0.0l0 Inc. 129,8S5
Loans, 2Gl52.6OO 26l95509 Inc 42.909
Specie GG35 j}S2 6439795 Dec. 195,5S7
Due from banks, 1.629 s26 1,756,I:O Inc. 126,50l
nue other bank 3 gqI COS 379O3O3 Dec. POI a02
Deposits, l6,G50,26S 16,6S3,56l Inc. 53,293
26i2 6G3 272l ,000 Inc. Ssi4S
The application in the United States Court at Cincin
natl the sale of the Cincinnati Wilmington and Zanes
vile Railroad has been disposed of for the present. by
postpOnement until April next. In the meantime, the
company expect be able to pay the interest due the
bonds.
SALES AT THE BALTIMORE STOCK BOARD.
TUESDAY, December Z, 1858.
$500 Nd 6's '9O.1O74l 315 shs Sp. NJ. co. 20
500 Bat 6's 80. .99a so shs. NC RR ..224
400 " g go .99H 100 90 SEQ. ID
1000 York .RR. bds, 900 " g bG0 30
guaranteed .93 l25 shs B.NO RR soy
1000 y. C RR BIDS, ,S5 TN 175 :" =" b60. .56h
1000 '''S5 fiat. .732t SO " :, ..564
shs Tn. .Bk. of Nd .7Gai AFTER THE BOARD.
16sfs Far.& Mer Blk. .404 II shs Bk of Bat 100
20 shs. Franklin k..11A SO " NC.RR. b6O. .2l y
80 shs Fell's Pts. l. .25&