The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-07-23

New York to-day decline experienced in
generally, and the market closed heavy Missouri 6's
fell off ~ Erie \; New York Central x; Reading 4;
Harlem 4; Galena and Chicago l; Michigan Southern
guaranteed u.
The New York Tribune of to-day says:
In money there is no marked change. The supply is
abundant on demand at 5d5k per cent, and on first
class paper 6d7 per Bank managers have been
prudent by specie shipments
and disposed still further to contract the loan lines
The specie shipments of Saturday promises to be about
million and half but the foreign advice today have
induced the countermanding of some parcels
There better demand at private sale for Government
S. generally asking advance Treasu
ry go with considerable freedom az per
premium for 5A Gl6 per cent. notes.
In Foreign Exchange there is but little movement and
the market Is scarcely so firm.
The following is the United States Treasurers Weekly
Statement received to Monday. July is, 1859:
Treasury balance, July III )....... 81, III l46.23
Amount Of receipts..... 2045 $3.50
Drafts paid. '.'...'.'.......'.'.. 269l lOS614
Drafts issued .''''''''........ Z500S3IO OS
Amount of reduction. ............ $500, GIL %
The Afrca's news, which scarcely anticipated from
the given by the previous quite
sensation in the street and in business circles The
promise of peace which is held out by armistce be
the belgerent powers has important but varied
influence upon commercial and trading interests. On
the hand, the advance in cotton and the prospect
better market for the great staple give satisac
tion, while, the other the decline in breadstulfs is
serious drawback at time when the crop promises
abundant supply of cereal products. The prominent ea
lures of the rise in Consos and other public
securities, advance of 4d8 per lb. in Cotton. and a
marked depression in Breadstufs Consols, at time
touched 20.
The return of the Bank England the week ending
the 9th July, gives the following results, when com.
pared with the previous week:
6tbar 6GOne ~ S 5 esoa o1 "90S
Rest 3,226,50S 47,967 ....
On the other side of the
Govm't. securities Ell. OBS f49S659 ...
Other securities. 1862. .565 223 66S $50.
Notes unemployed lO,472, eco 80. S69OO5
The amount of notes in circulation is f2 4752O being
increase of 20677o and the stock of bullion in both
departments is G1sOsS sos, showing of G232
46S when compared with the preceding returns
The London Economist says:
The demand for money during the present week has
been brisk, and the Bank have obtained a moderate
share of business but the effect of the payment of the
dividends has experienced by anticipation the
rate of discount for the best bills, which last was
24d3 per cent has fallen in Lombard ~ per
The dividends receivable this day Although the
tendency to may possibly be checked in day
by the repayment of the advances made by the Bank
bibrokers and others during the shutting of the trans
fer books it is evident that the large funds the
OF disbursement must add to the existing abund
ance There is consequently reason to believe that the
in the open market will continue low,
the Bank of England, underbid, may long
take into consideration the advbity of reducing their
minimum to 2h per cent.
This morning friday great excitement
stoned in all departments of business bv the announce
that armistice had been concluded between the
French and Austrians in Italy. Without noticing the
numerous rmses which are freely indulged in respect
ing the sudden resolution of the
tending Emperors may remark that the event has
cited the strongest hopes Of speedy peace There is
walks of bus mess more confidence displayed to-day
The great effect produced upon the stock market is
ferred below. indicating the degree of importance
attached the abroad it may be mentioned that at
Amsterdam this day friday. the Austrian per cent
Metacs experienced the most unprecedented rebound of
* cent Even up to yesterday Austrian stocks
still falling in the continental markets.
THE of the Bank of Vienna attest the severity
of the drain. The stock of specie has diminished TO-
22a e27f say million of sterling, between the begin
ming of June and the beginning of July and amounts
only 9,7S5 9973a whe'he in circulation have
risen to 453524Oh under the system of unlimited paper
issues Hence-one reason among many-Austra's v il |
lingness to consent armistice.
The news of the armistice has ELECTED immediate
and extraordinary response the Paris BourSe The
per Cent Rentes which closed yesterday at &C. both for
end the end of July opened this morning Ga TO-
AMI quoted at 30 O'Clock at $50 showing clear
rise of * cent since yesterday afternoon Compared
with the closing quotations. last Friday the advance is
about 32s per cent. Todays final prices have yet
arrived.
''The English funds throughout the week have been fa
voraby affected by the scarcity of stock Preparations
for the monthly settlement fixed for this day have prn
cipally occupied the attention of the dealers and bac
variation Of 1l6d. and per cent. has been paid for
the loan of stock up to the 9th Of August Yesterday
evening Consols closed at 934 4d931s for money being
per cent higher than on last Friday This morning the
from the seat of war caused raise to 95 and the
closing quotation 944(d94H exdiv. showing a rise
OIL per cent since yesterday to the close OF the
settlement the supply of stock has been INADEQUATE
The position of the market for American Railway Sc
curities is thus noticed by Mr.. E. F. Satterthwae:
The market in London for American securities has
been, during the past week, very firm. There has been
good demand for United States Massachusetts, Mary
land and Pennsylv ania bonds Some moderate pur- !
chases ofNew York Central shares have been made
also of this companys bonds Pennsylyan
first and second mortgages in request present quo
tati Illinois shares remain quite firm. Construc
tion steady at 75ld76.'
In regard to speculation in wheat The Chicago Pres
says:
At period in the history of the grain trade
city has the wheat market undergone such sudden uc
tuatons have occurred during the past eight ten
weeks and in previous year has there been much
money lost on the same amount ofwheat.
On the 18th of April last standard spring wheat sold at
go cents in store Shortly after this date the European
broke out, and breadStutfS all the world ad-
vanced that the ls of May the above grade sold
$ll 05-daily advancing till the 10th, when it reached
$l30. Since that date its has been steadily and
alarmingy downward On the 1st of June it $115;
the 1s Of July 90 cents and yesterday it closed duh
at Sc centsa decline of seventy four per bushe
sixty two days. We give its downward course in the
following table:
May 23....... ia 20 June 2E. ......92 ass
May 3d.. =. 12d9 II July 2..........s9 (d9l
June 6........ 09d II July 9..........75 (aSO
June 3....... l O3dg l 05 July 1S....... Sc (a62
At Milwaukee the decline has been equally great On
Aln1E IL AIn.l lnnE n S,nsr.. rnll .l-.