The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-12-04
VOL. II---NO. 2414.
tlonetarg ana Commercial Rebiem.
BALrINoRE. December 3. ISIS,

$500 900. As was the case last week, the bulk of the
business done was in Northern Central Railway
stock the sales of which add up about $500 shares.
This stock opened at S24 regular way, and at the
same figure for time contracts, but it subsequently
dropped Off SlM to 81 per share, sales being made
at the close of the Board Wednesday at S22 cash,
and S2214 time. Yesterday it advanced q dollar,
and to-day it opened at a further advance OF a to
x dollar per share, but before the close it fell oil
again, and the final sales were made at S2224 cash.
and S227s for time contracts The stock to be voted
at the annual election of the officers OF this road
must be transferred by the 5h of December, and 1t
is probable that after that time the operations in it
will fall Off The operations in Baltimore and Ohio
Railroad continue limited. There is no speculative
movement going in this stock, and there Is but
little demand for it, except to deliver on contracts
as they fall due. The sales add up about 1000
shares, at from S5G14 to S57 for both cash
and time contracts, the closing sales being
made at S5G3I. There nothing done in it
to-day, and the arket for it quite flat. 1t left
oil at S5GE bid, S57 asked regular way. There
has been some inquiry for Mining stocks, and we
note sales of $50 shares Springfield at S2.OG4, and
Of 400 shares Santa Clara at SlS14@1SA, the mar
ket for the latter closing at SlS24 bid, Sl9 asked
regular way. Sales also this week of loo shares
Canton at S201@ cash. For Railroad bonds and
City G's there has been fair inquiry, and for this
class of stocks the market has exhibited consdera
bic rmness. The sales of Railroad bonds include
$500 Baltimore and Ohio 1SS0's at SG@9G4; $751;
900 do. 1855 at S434 cash, and S5 buyer 60 days;
$1,000 Northern Central 1855 at 7319@7334; ST.
900 Northwestern Virginia unendorsed third mort
gage bonds at 50; 81 900 do. endorsed do. at
GSl2; and of City Gs there some 900 sold
at 81 for lS75s; 9914 for 1865, and 99@99l4 for
lS90's, the latter closing at 99 We note also sales
of $4,000 Patapsco Company's bonds at G2. There
has been fair inquiry for Bank stocks this week,
but the operations in them have been light. The
sales include 10 shares Bank of Baltimore at SlOS
@FlO4; shares Union at S7G7s; % shares Farmers
and Merchants at S4014 II shares Marine at
$2934; and SO shares Franklin at SllA.
In New York to-day fancy stocks were gene
rally weaker. Erie fell off \, New York Central
Is, Reading IL Cleveland and Toledo Is, Michigan
Southern Il, and Galena and Chicago q.
The condition of financial affairs here is alto
gether unchanged Money is in fair request, but
the market is easy and prime paper be readily
placed at per cent. for endorsed and COZ per
cent. for first class single names. The banks are
discounting freely, and most of them would do
more paper if it offered. Call loans on prime
stock collateras can be made at sac per cent.
The total value of the foreign exports from the
port of Baltimore for the week ending on Thurs
day was S2l4, 200, against total of Sill, ,27 for
the corresponding week in 1857. Included in the
exports were 9737 bbls. flour, 5l9 bbs. corn meal,
4,422 bushels corn s. 200 bushels wheat, $50 bush
els cloverseed, l7S3 hhds. tobacco 225 tons coal,
700 pkgs. lard, 100 bbls beef, 3G7 bbls bread and
rs tons quercitron bark.
The value of the foreign imports at this port
from the 10Th of Nov. to the I'd of Dec is Sl45,-
l95, of which S70 l09 were free, and S75,0S6 were
duty paying goods
The New York Tribune of to-day says:
There is nothing in the foreign bill market Rates
not very firm
Freights rather frmer. To Liverpool, $500 bbls
Flour at Is 3d.G1s. 3D. 900 do Rosn at 3dd IS Cd
To London GOO bbs crude Turpenne 3s per go lbs
70 Glasgow, SEQ bbls. Rosn IS per $50 lbs To Bremen
lbs bales of Cotton at &c The ship Robert Treat 700
9l6d.
In regard to Dry Goods the Independent says:
The transactions have become light. Odd of sea-
sonabe goods have been selling to clear out stock low
prices, and early purchases Spring goods
making for distant markets The mportatons very
ght at present though in the next few months large sup
plies of Spring goods expected the regular importers
and jobbers having ordered largely French will
he The prevailing style for next season, it is said This is
what is wished to be- is speculacd while stripes
and aid to he ignored, according the absurd law
of fashion, which is promulgated from Paris and import
ed here the Internationally absolute kind of law
Why should the ton of dress be dictated from Paris?
Can appropriate and elegant style be originated here?
This avishness to foreign fashions derives its force from
mere opinion Our ideas on the subject all taken from
ahroadfrom France This State and city trade is still
active and the Eastern demand is not bad hut stocks of
Fa goods are much reduced Staple descriptions are,
however in good supply, and prices steady Winter
domestic goods have been selling to Il fair extent"
The cash system of doing appears spread
ing One of the New York large commissionhouses with
ample capital, intends adopting the cash principle
coming in selling their domestic goods The step
is taken the request of prominent manufacturers who
desire to take no risks in their future business.
The following is a comparative Bank statement
of the four leading cities
Loans. Specie Circmldtn. Deposits
vember o. s125 5s5 G9s % ISL 78l 1852 l57 s67337o5
New Orleans,
November2O 20 7S6S, ,6S2 1854 292 6osO6l9 1s342662
Philadelphia,
November 90 26,1526Oo G,6s53s2 2632 1903 166SO,26S
vember 90. 900 9513ooO 1899 500 % 721 900
Total $50 81 4O5 q 175 289 145 427 635
Last week.. 227 1882 Sc OIL 977 81 S3 ia l9l
Rss5sass IHsrsass. sc4i a'3 1ssiss sos4!5 & 49'0
The above statement is favorable, showing de-
crease of liabilities, and an increase of specie
strength.
The application for decree sell the Cincinnati Will
mngtOn and GAINESVILLE Railroad behalf of portion of
the Second Mortgage bondholders has been refused
The counsel for the Company contended that large inter
ess would be sacrificed by summary proceeding at the
present time, but if they permitted go that
they would be able meet their ordinary liabilities and
the interest by the 10th of April next They therefore
asked tna all legal proceedings should be stopped until
that time Charles Borland, Esq President of the Com
pany brief history of the affairs of the corporation
and the prospects for the future and insisted that par
ties interested would be greatly benefited by the delay
asked for by the counsel representing the Company The
Court Judges Mclean and Leavitt decided refuse the
April After that time such relief granted as
might seem equitable in the premises.
The St. Louis Neus says the announcement that |
the payment of interest upon Missouri State Bonds |
by the State Treasurer has been caused by the fact
that thn Nnrth Missouri nd IL.
not able to respond.
The bonds issued to the above in amount
a follows:
North Missouri. ................ 81 200 900
Total. a............................... $7476OOo
The annual interest this debt S44s 500 half
of which S22l 2S0 must be paid by the State the 1st
OF January next, with few thousand dollars extra for
exchange: But We are not wrong, think, in saying
that the State Treasury comfortable surplus
on hand and that the Legislature of the State will have
to provide the means, they meet in December
keep good Mr.. Morrison's promise They can only
raise the money by loan, and hence issue of bonds
to interest wlthnot creditable operation
a State, but unavoidable in this instancen
The English committee who lately visited this country
the Illinois Central Railroad reported to
their constituents The point of their report contained
in the following sentence
That in consequence of the slow recovery Sc
we're monetary of last year. aad the present
timed depression in the Of the Western States
the committee having in view the possibility of def
cheney in income for the years S5s59 is of opinion that
such assumed deficit may be arranged without further
assessment of the capital stock upon which equiya
lent to million sterling has been paid by the pro-
priery within the last eighteen months and the com
mittee concerning arrangements with the Board i'll New
York to meet such contingency.
The return from the Bank of England for the
week ending the 18th of November gives the fol-
lowing results when compared with the previous
week
Public deposits sc S21 973 Increase. 914s 392
Other deposits 1856, ,55S IncIease.... 270S76
On the Other Nd of the account increase ' 4't
Govt securitics-. $40 1891 Unchanged.
Other securities. Il III
Notes unemployed. ii 766,3l5 Increase e 43s 935
A correspondent of the Cincinnati Gazette saws.
On the application of majority the holders of the
third mortgage bonds of the Marietta Cincinnati Rail
road the Court of Common Pleas Ross counv Han
Judge Dickey presidng,) for injunction and the an
pointment of a Rec liver, the sustained the apn
cation and granted the injunction and appointed Orand
Smith the Receiver The railway and machinery, and all
other property Of the company passed into the hands
the Receiver Saturday,
The the authorizes the Receiver oper
ate the railway and from its the expenses
OF the and for all necessary repairs of the road and
ITS machinery, and the monthly rent to the Little Miami
Company and all arearages for labor performed by the
present employees of the Company, and requires any
excess to be held subject to the further orders OF the
court
Dispatches from along the Erie Canal state that it is
frozen over at several places and the weather is clear and
cold.
SALES AT THE BALTIMORE STOCK BOARD