The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-11-20
VOL. H---NO. 233.
3tl0attaru ano GUmmertial 8toleD.
BALTIMORE, November 10, 1858

stock
than for a long time past, the entire transactions
footing up about $685. 000 the great bulk of which
was in Railroad shares. The operations to-day
amounted to Sll4, 900. Baltimore and Ohio, of
which the sales include about $500 shares, closed
Friday last with sales at S5S cash, S5sA buyer
so days. Subsequently it declined to S57, at which
rate it steady for several days. but afterwards
advanced to s57A. To-day 655 shares sold at
S5734 down to S57 regular way, S5734@S57A buy
er 60 days, decline of q since yesterday and of 81
for the week. closing at S57 bid S574 asked, cash.
Northern Central ha, been very active for the past
few days, and a considerable advance has been ex-
perenced. The sales of the week embrace some
1000 shares, 2SO0 of which were to-day. This stock
opened on Saturday last ct S224 cash, and improv-
ed regularly throughout the week, 2SOO shares
selling to-day at S24, S2414 and afterwards at
S241S cash and short time, and S2435 buyer
co days, closing at S24 bid, s2419 asked regular
way, an improvement of 81 since yesterday and of
about sl.75 since last Friday. The quarterly re-
port of the affairs of the Road to November, in
dcating prosperous business, has without doubt
favorably affected this stock. There has been very
little done in Bank stocks this week, and we are
without any transactions to note. They are firm at
previous rates. Canton has been without move
ment, and is held at S2O34 Springfield Mining is
also quiet, with S2.O614 bid S2.1S34 asked.
The operations in Loans and Bonds have not been
large. In Maryland 6's there has been nothing do
ing. To-day 107 was bid for 1905, and LOG bid
with 1867 asked for 1S70's. Baltimore city G's
have been steady throughout the week, with rather
better feeling to-day 81, 900 1905 selling at 99H,
an advance of "a since last sales, day or two ago,
and So 900 1SSG's at 9S24. 1S75s still held at
81. Northern Central 1855 have also been steady
throughout the week, and toerably active at 1871,
at which rate $4,000 were sold to-day. Baltimore
and Ohio bonds are scarce and the business in them
has been limited There sales to-day of 81 500
1855 at S434, decline Of 4, and $500 lS75's at
ss% an Improvement of p on last operations. We
have no change to note in Northwestern Virginia.
For 1st mortgage 9234 was bid to-day, SO asked; I'd
mortgage 20 bid; Sd mortgage endorsed 20 asked
and for do. unendorsed "a bid, without any sales
being effected.
Money is still very easy, but the market may be
regarded as rather more stringent within the past
week The offerings at the Banks, we learn, are
larger, although good paper is freely done. Prime
may be negotiated on the street at per cent
and second class at 7@9 per cent. Call loans on
undoubted collateras be effected at per cent.
The total value of the foreign exports from the
port of Baltimore for the week ending on Thurs
day, was Sl5S $50, included in which were 5,53S
bbls -four, 400 bbs. meal, $500 bushels wheat
9ls bushels corn, and 595 hhds. tobacco.
The total value of foreign imports for the same
time were SCI 4l6, of which So 023 free goods
and $50, 1893 dutiable.
There was decline in fancy stocks at New York
to-day, and the market closed dull. Erie fell off IL
New York Central "a; Reading 81 Cleveland and
Toledo q; Michigan Southern 14; and Galena and
Chicago Is.
We take from the San of this morning the fol-
lowing in relation to the Northern Central Rail-
way:
There quarterly meeting of the president and drec
tors the Northern Central Railway Company Thurs
day the office at Calvert sation-the president Zenos
Barnum Esq, in the chair The operations of this road,
in view of its increased business since the opening Sun
bury, regarded with growing interest not only by
the stockholders but by the community generally who
recognize its advantages additional avenue trade
TO CITY, and afordng element in prosperity
through its development of the great coal of
Pennsylvania in region the products of which necesS
rily find their market at Baltimore.
statement of the business of the road for the past
quarter ending Oct 31st shows moderate and steady
advance in the receipts for each month embraced in that
period. The coal trade, which is active just this time
with reference to the winters supply has of had
specially favorable effect. The treasurer Robert Ho
Inns Esq. presents the statement follows. 1t will be
that it embraces also exhibit for the months
from Jan st Oct 3lt and estimate is added the
year on the same basis:
Comparative Statement Of the Earnings Expenses and
first three months after completion Of the Road to San
bury, aVth .7Yespopding months, 1857.
August, 1858 Es1q5sS 80 sSpsasfs ssss s. Sf s RsTs s.
Sep5 Seob9r ss ssyIf go sgi53 i55 81 81 4Ss5 s55 s
$251, 1886 Sc sl10,857 50 s181,479 81
August, 1877. SOD 50! 64 $37 322 s. s274s2 o6
Septem'r, " ...... 1896 81 So $40 SO 2S,5i7 AZ
October, d" ..... 65lS4 "A l,C04 IL 341S0 60
s19l3.6 10 s1o4,176 os s9o,21o II
Increase 1861. $50 $50 81 S15,6s1 At s412G9 20
Earnings from Jan LIST to Oct lst, ls5s GEL 6GS 4S
Expenses 33S, ,Sl3 SO
Net earnings ...... .s3227s9 SO
Estimate net earnings for one year, upon ba-
sis of August, September and October
of 1858. S525, ,9l7 16
1t will be observed that the quarterly statement above
the amount put down expenses in the several months
vary considerably, running from $3562S up to S45155-
The actual working expenses proper, however it is
represented are not materially different, month with
another and the apparent variation is owing to the fact
that when any is paid for materials, iron
ties fuel &c within certain month"; it is charged to the
account month"; though of the end of the
year it may be averaged for the whole.
president read report to the board exhibiting the
financial condition of the company to the 9th of No
vember inclusive This report we learn not only shows
s3sOOOO had been abtracted from the of
the company and applied to the construction, but also
that the company having complied with its engagements
to the State fully to this time possessed of
4S00 shares its stock accrung from the releases
thus obtained In view of this, and the other crcum
stances indicating the prosperity OF the road he thought
that OF shond be considered
The report was adopted and accordingly resolution
offered and unanimously carried to appoint commit
consider the subject of stock dividend. The Presi
dent appointed the committee which is to report at the
next meeting of the board 1t is said the amount of dvi-
dend looked to is about thirty three per cent.
During the meeting the Hon. John P Kennedy the late
president of the road who has returned from Europe
called in pay his respects his former associates in the
labor of conducting the affairs of the road warmly
received After the usual congratulations Philip Dough-
erty Esq nominated Mr. Kennedy director in place
of Mr. wm. H. Keghler who had resigned He was
elected,
After the transaction of other business the board ad
journed to meet again in January.
The President and Directors of the Farmers and Me-
chancs' Bank of Frederick county declared semannual
dividend of per cent the Capitol stock the 18th in
stant.
SALES AT THE BALTIMORE STOCK BOARD.