The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-05-25
BOARD OF TRADE
Committee Of arbitration for the month of Mav.
JAS. C. ADAMS
A. GROVERMAN wa. DEAN
JAS II. BARNEY, JAS CORTJAN In
I(0netarg an6 Commercial 2tbieiu.
BALTIMORE, May "a, 1856

BALTIMORE, May "a, 1858
There was moderately active business transacted al
the Stock Board to-day the operations summing up about
$4,000 OF Baltimore and Ohio Railroad upwards of eoC
shares were disposed Of This opened at s5S cash
and after selling at S5Sk declined to S5S4 a less
than the closing cash sale of Saturday The time con-
tracts were at S5SdS5S4 seller Co. and s5s4 to s57x
buyer GO and 80 days 1t left off S57 bid s5S asked
regular way s5S4 bid, s5Sh asked buyer 60 days. to
less than Saturday. The sales of Norhern Central
Railway comprised 200 shares buyer 60 days leaving of
at SIN bid SIS asked regular way about lower than
| the previous days rates.
Bonds quite active with sales Of 81 $50 Baltimore
City 6s at 94x for 1855, decline of X ok for old
lS9Os and 97k(G971 for new do $4,000 Baltimore and
Ohio Railroad bonds sold 81 X cash for 1855 and s2H
buyer 60 for 1855 Northern Central Bonds are un-
changed with sales of $780, 1885, at 634 Central Ohio
I'd mortgage bonds firm at improved rates. with sales
of 81 900 at $5s advance of about So on last
tions; also Northwestern Virginia Sd mortgage
$1,000 selling to-day at 43943&, improvement of
The only sale of Bank stock shares Howard
at syn, same as last sales We also note sale of 800
shares Springfield Mining Company at s24 buyer CO.
Maryland 6s, 1890, closed at 104k bid Baltimore 6s
1870, "a bid do 1875, 94 bid "a asked do $780, OK
| bid, 97k asked. Baltimore and Ohio Railroad Bonds
1875, s4X bid; do 1885, bid SO asked North western
Virginia, Sd mortgage 434 bid AK asked endorsed
u bid 73asked Central Ohio, I'd mortgage, SIX bid
Owing to the unfavorabe foreign advices and the pos
sibity of difficulty with Great Britain growing out of
the conduct of her cruisers towards
stocks seriously affected at New York too ay and
general and material giving way in prices ensued Can
ton declined II; Erie Railroad Il Illinois Bonds l.
| Michigan Southern X; Missouri 6s q; Panama Rail
road 2 Reading z; New York Central X; Cleveland
and Toledo X; Hudson *, and the market closed
heavy
The New York Times of to-day says:
The Government borrowed three millions of dollars in
Wall street Saturday for year. Treasury bills
bearing Ak per cent per annum The of all the
oaner have not yet TRANSFERRED but is believed that the
Bank of Commerce took the lead in the negotiation and
perhaps the largest proportion of the oan Of the
Incorporated institutions of the street, the Bank Amer
ca National City, Seamans Savings, and United States
Trust Company participated About one sixth of the
sum was taken up by the money brokers' Drexel & Co
$4,000 and Trevor about the amount to this
extent these bills will probably come on the market again
for resale The large remainder up as an in
ducement for the employment of part of redundant de-
posts now lying with the banks and Savings Trust
The inquiry from the Secretary the Treasury as to
what portion of the So 600 of the original issue hereto
fore cancelled through the House. could placed
IN this market by reissue at II months at AZ per
was received by Mr. Cisco the Assistant Treasurer for
New York. in Saturday mornings mail. He Immediately
made up the list for the whole amount and by IL O'Clock
teegraphed for authority to confirm the The Secre-
tary responded by telegraph and by O'Clock 81 900
in gold deposited in the SubTreasury exchange
for the bills Had the response been received an hour
earlier nearly the whole would have been lodged in
and Monday.
we know OF no other market in this country where such
an operation could have been consummated quite so
promptly 1t is not surprising, however, the present
state of the money market that the liberal terms of the
Government should have been taken up the instant
adhere to the opinion that the Secretary has been com
peed through certain combinations early in his negoa-
tons, last Winter between New York and Washington
money lenders pay high rate of interest upon
Bills at all times and under all pressures receivable for
Customs and other public dues.
The result is partly to be attributed to the very empo
rary date of the Bills and the short notices for their
award which prevented competition from abroad.
mains to be seen whether the permanent character
of the 600 900 loan, about authorized by Con
gress will fare better In the that the international
peace is in way disturbed it is unreasonable to an
cipate that per 10 15year loan will command
liberal premium, both at home and abroad placing the
money at cost to the Government of not over per
cent.
The foreign trade at the port New York for the past
week amounted in the import entry of foreign merchan
disc including the dry goods table in last paper to
S27O4 $780, against g. 23,745 week last May
The export clearances of domestic produce msceane
goods amounted 1898 as against 573 the
corresponding week last The export of specie d
rect 1882 S62 including S43S 900 by Vanderbilt
Tor HaVre on Saturday And there also shipped
Boston for New York account by the Cunarder We'd
nesday last, 100000.
The same week last spring the Specie shipments were
$685. 67 direct and 81 066000 Boston The Specie
balances in the New York Sub -Treasury, on Saturday
afternoon stood $500 36 against $50 at the
large up to Saturday when 81 100 the Office
in exchange for Treasury Bills but of these dsburse
Norfolk GNU
The various movements of the week show an apparent
difference against the Bank reserve of 81 and
the last official average declining it is probable
the statement to be made this afternoon will show all
of this difference But the total then stood as
high S34 72S. and general trade keeps dull and the
Stock Exchange rather inactive the decrease felt
the Money Market The export demand Bullion dur
ing the week was little short of million of dollars
This week the demand for the Persia Wednesday will
be governed by the that Exchange on London NAV
take this morning.
The rates on Saturday were 7@K per cent below the
usual specie The shipment for French account
will be less than half million of dollars Money loans
at call rule quite cheap without much activity in demand
per cent being the more general rate than per
the brokers. Short mercantile bills strictly
have also been sold at favorable rates. 30d6O days
run at 3HG4 per cent and for longer paper there
good demand at 56 per cent London bills 1O9& 0IO9x
per cent, Paris f5.134 Gf512k to the dollar.
The following is comparative statement of the earn
ngs of the Philadelphia Wilmington Baltimore Rail
road On for he LAST