The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-11-29
VOL. II--NO. 239.
,f(onetarp an0 G0nrmerfiaI 3rOieu.
RALrIMnRE. November u. lS5

st(onetarp an0 Commercial 8ebleU.
BALTIMORE, November 81, 1885,
Stocks were moderately active again to-day, the
transactions at the Board amounting in value to
nearly S6O,O0O, the bulk being in railroad shares
OF Northern Central Railway there were 1885
shares sold at S24 regular way, and at'the same
figure buyers option 10 and so days, and the mar
ket for it closed at $23T bid, S24 asked regular
way. Baltimore and Ohio Railroad dropped off to-
day half dollar per share. There were sales at
the Board of 1888 shares at S57 regular way, and
80 shares at S57 buyers option 60 days The stock
left off at S5624 bid, S57 asked regular way, and
S57 bid, S57H asked buyer 60 days. The only sale
Of railroad bonds made of 81, 900 North
western Virginia endorsed third mortgage at 6SI3.
Baltimore city 6's continue firm. We note sales to-
day of SIS eco lS9O's at go and S775 do. at 99H.-
Sales also of $50 shares Springfield Mining Com
pany at S2.O61l Canton closed at S20H bid, S2O55
asked, Patapsco Company at S234 bid, So asked,
and Santa Clara Mining at SITS bid, SlSl4 asked
regular way. There are but few Bank stocks offer
ing. and the market for them is quite firm.
Virginia Gs advanced to-day in New York 4,
but the fancies were generally lower. E.ie aud
New York Central declined q F., Cleveland and To-
ledo 3s, and Reading aud Galena and Chicago Is.
The Neu York Post, of Saturday evening, says:
The hcaviness in winch ruled throughout the
week still very marked to-day and the Bear party fol-
low the market down with considerable confidence The
rmness in few descriptions noticed in yesterdays deal
ngs quite disappeared and the fall is participated in
by all the railway shares the prices of State stocks and
the reliable class OF bonds only being maintained.
The feature of the market was the decline of three per
cent in Illinois Central shares under the apprehension of
another call of twenty per cent we do not understand
that the President Directors have expressed the opinion
that would be needed during the year 1889 but
that on the contrary an assessment oil hve Gols per
share would be necessary i'll time to the March and
April interest unless other arrangement is made for
the money by the London Committee. We understand
Mr. VIM. Smiths letter that they propose to do this
this will, probably, be about all that will he required
durng the year 1882 taking the earnings of 1856 and 1857
basis. We understand that it was upon this basis
that the estimates were made.
The downward movement also very decided
New York Central, Reading and Michigan Southern
Guaranteed The sales of the first reached 5000 shares,
Of second 5000 shares Pacific Mail steady at
1O3 Delaware and Hudson Canal at 9SK Erie bonds
firm. The Second Mortgage brought S5. The transactions
in State stocks very limited.
The tendency of the money market during the week has
been to increased ease. The unsettled and unsatisfactory
condition Of the stock market has necessated curail
ment Of loans the part of several heavy brokers' which,
in connection with the decline in the specie movement
southwark has increased the supply offer and rates for
demand loans are per cent cheaper than on last Satur
less subject to the daily fluctuations in the supply Of
capital.
The following is a comparative statement of the
Imports of Foreign Dry Goods at New York for the
week. and since Jan.
Fh1eTn FR5sTSa ns RS5', 1ei5SSs
Entered at the port $50 37 487 sSs 055o81 s5i iSO2G49
Thrown MARKET. s5,4S2162 79972257 62123,495
Land warrants are slightly better at New York
Messrs. Thompson Brothers quote the buying and
selling prices as follows:
Buying. Selling.
so 50 50 S.
l20 acre.......... 76 120 acre......... 59
100 acre.. So 100 acre........... Sc
The Philadelphia Eyeniag Journal learns from the
proprietors of INLAY & Bicknelrs Reporter, that
the following counterfeit and spurious bank bills
have just been put in circulation in that city. The
one on the ''Bank of Chambersburg" is reissue of
the one some time since put in circulation.
and Merchants Bank, Mddletown Point n j.
los the face of the in the is the
of the Bank On the upper end the left is spread
eagle on a rock overlooking the sea below the word
ten the upper right figure the goddess of lib
erty seated below the word ten' In the lower
Of the note plough rake &c The bill is photographed
scene with mill and stream in back ground; in the fore
ground is man in sitting position; on the left upper a
portrait of Buchanan lower left with grain; lower
right are two sailors Unlike genuine, which has for
vignette the ''Town of Westfeld'
Bank of Chambersburg, Penna. los The Presidents !
spelled, in spurious not" JOS Culbrson instead
Of Culberson but will evidently be corrected in
s7W A Otis, Esq has resigned the Presidency of the
Handy has been elected to he his successor Daniel
Wells has been chosen Cashier in the place of Mr. Handy
AMERICAN SECURITIEs.-Messrs D, Bell, Son Co.
report as follows:
The Improvements of the Stock market received per
Africa from New York, have had very favorable in
fuence upon market, and impaired it unusual
degree of animation. There has been general demand
for all descriptions of State Stocks and considerable
business has been done in them. Pennsylvania Mary
land and Virginia bonds have been most in request whilst
large purchases have been made of the Federal
five per cent bonds Owing the wise caution which |
capitalists exercise in respect railroad securities
titriet Tor them SUI dun, Notwithstanding.
instances better reports and higher prices from New
York.
United States per cents. 67-6s. ..........lO3 61O5
United States per cent bonds .104kal054
Urited States per cent bonds 74......... 94Id 95
Alabama per cent. bonds ............. rs u
Kentucky per cent bonds. 6s-'72....... 81 "a 90
Maryland per cent Sterling bords. 95n a 96R
Massachusetts per cent Sterling bonds. ....1O (a103
Ohio per cent. stock, ........... 96EG 97h
Penns ylvania per sterling ......... "a SO
Pennsylvania per cent bonds '77....... s5H@ S61
Tennessee per cent bonds divers So "a SIS
Virginia per cent. Bonds 'S6............ Sc a So
Virginia per Sterling bonds, Ss..... Sc a sS
Boston per cent bonds, divers. 90 a 90
Illinois Central per cent 75........... 81 a. So
Illinois per cent. '75............. 81 "a SO
Illinois Central per cent, Freeands Co.,. 81 a So
Michigan Central Railroad per cent go w Sc "a IS.
New York Central per cent, not conv '6i.. SO "a 50
New York Central per cent conv '64..... "a "a 81
New York Central shares. 76 "a 7S
New York and Erie per cent Sd mort. 49,. 20 a u
New York and Erie shares ............... Is "a II
Panama 1st mort Sterling bonds, '59...... 90 @1OO
Panama lst mort. bonds 65............... IA 93
Pennsylvania Central per ct. 1st S0.. go a. 90
The London Times of Friday quotes sales of
Illinois Central shares. ............... ..... 234 dis
New York Central shares. :...........::. 76E9
LONDON MONEY MARKET-The English funds had |
been dull The report that reduction of the French
my under consideration time ami
nation and rise of per cent. in Consos but subse
quenty there was less confidence and partial reaction
ensued On Friday the 18TH the market steady, and
Consols closed at 9S d9S4 for money and 9s a9S for
account
steady at 24 per cent, the minimum rate. In the
Stock Exchange there had rather an increased sup
ply OF money and some considerable loans negoa
ted on Government Securities at per
The suspension announced of Messrs W. J. Grey
Sons, of fNewcastleonTyne, Liabilities not
stated.
The London Agents of the Illinois Central Railway
Company had communicat to the stockholders the fol
lowing letter. addressed to them by member of the
cent deputation sent from London to New York:
LONDON, Nov. 10, 1858.
GENTLEMEN: As numerous inquiries have under.
stand been made to the result of the mission the
Wheeler) charged by the London Committee of Share
holders think it may be useful, in the absence of the
Chairman and the larger part of the Committee inform
you that owing to my time having been so necessarily
occupied in the United States, not able prepare
my report until my return to England. l have sent
draft of it for the approval of colleague who resides
in the counry and it will be submitted a meeting
of Committee which has been summoned for Tuesday
think may be of interest to the shareholders to know
IN the meantime that from the most careful estimates of
the PRESIDENT (Mr oborn up to the end of 1859, and
from the best consideration which been able to give
to the subject am led to the conclusion that no call will
be needfu during that period but that any deficiency
casioned by the continuance of low prices of grain and de-
of trade be provided for by the adoption
other and perfectly legitimate means
Yours faithfully, WILLIAM SMITH
Messrs. r. Benson Il Co.
The weekly returns of the Bank of England show de-
crease in the bullion and specie Of sl10,05S
Messrs. Barring Bros report money in more demand at
2Hd3 per cent. They quote Bar Silver at 5s d.; Mex
lean Dollars, 5s 04d,; Eagles 76s. 2%d.
The return from the Bank of England for the week end
ing the 10th November gives the following results when
compared with the previous week:
Public Deposits. G6673 5S1 Inc. Ell 140
Other Deposts..... 2290 $50. Inc ........ 40956
Rest... .......... $40 092. Inc. SO, ,l06
On the other side of the account
Government securities 10 sos 591. ..Decrease. ss76
other securites.... 1867 722. .Decrease.,. 10,1S
Notes unemployed. H. .327 $50. Inc 2S6,2S5
ne amount OF notes in circulation is 0S5, being
decrease OF t31SSO, and the stock of bullion in both de-
partments Is showing increase of f11005S
when compared with the preceding return.
W. Satterthwaite's Circular saws:
money has been in rather more demand during the
past week, the rate of discount being %3 per cent
Withdrawals of gold have been less it seems proba
bic that portion at least of the large arrivals expected