The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-06-06
Munttarv anb Gummtrtial Rtbisbs.
BALTIMORE, June

BALTIMORE, June b, 1869;
There fair Of business done in Stocks to-
day at the Board and the was as has been for
day or two past quite firm in In Northern
railway there was considerable activity and prices for it
were fraction higher than yesterday. Sales
made of us shares at S7Als cash. SIS buyer 80 days
SlSB@lS4 buyer 60 days. and it left off at $17A bid SIS
asked regular way. In Baltimore and Ohio Railroad
there was nothing whatever DONE but s75S was bid for
it regular way. For Railroad bonds the market was firm
but the only sale made the Board of 81 900
Northern Central 1855 at 66H. The Mining stocks
all firm and rather higher in price, with the exception Of
Springfield of which there 700 shares sold at s
buyer 60 days, this figure being decline Of on yestcr
days price Gulford and Gardner Hill We're both very
strong Sales made of 1850 shares of the former
s4A cash and s44 time, but nothing was done in the
latter 1t closed however at SIX bid and SIX asked reg
ular way, these figures being advance of on the
closing quotations of yesterday There 1000 shares
Baltimore and North Carolina sold to-day at yesterdays
prices, viz $l%9l69, but Cambridge and Consolidated
both advanced r. Some 600 shares of former stock
sold at sls9l cash and time and 500 shares of
the latter at 81 cash In paragraph which we publish
ed yesterday relative to the Consolidated Mine it was
stated that it had produced previous its abandonment
in 1857 5000 bbs of copper ore bbls'
which is the correct amount. There nothing done
to-day in the stock of the Silver Hill Mining Co., bu.
there of it pressing the market and it is held
quite firmly at S2H cash The following extract from the
New York Express of yesterday will be interesting to
operators in Mining stocks here
"A meeting held this afternoon at the Stock Ex-
change to consider the eXpediency of establishing
Mining Stock Board' There is large amount of the
new Board intends to restrict itself to stocks of known
value and to discourage the introduction of companies
which are mere specuations There is room for well
managed Board Of this description
We have received the first report of the Marion Camel
Coal Company of Baltimore. This company claims to
have the of camel coal to Baltimore the
Baltimore and Ohio Railroad, from which, at Nuzums
MILL station miles from Paramount, the mine
and oil works distant about 3H miles The original
tract, with addition, contains 1l63 acres, of
which OIO underad with vein of camel coal from
3R to feet thick giving by estimate 5,4o0 900 tons
superior coal besides which there about ten
million tons Of bituminous coal of excellent quality
care full analysis indicated average
product of about 3s gallons crude oil per ton which in
duced the company 10 erect oil works their own land
capable of dstilng about 1000 gallons daily. These
nearly complete and will cost s31 00o which is paid as
the work proceeds The company has tramroad to the
station, with heavy rails made and paid for, capable of
transporting 500 tons of coal per day. equivalent of
oil There eighteen dwellings erected, and the mine
opened about 100 yards the works. to which coal
is delivered total cost of not than thiryfve
cents ton for everything The dip of the vein allows
the escape Of the water The mine and the road are
stocked with mules, cars, trucks &c. sufficient for
daily production of 400 coal The report discuss
the policy of erecting the oil works at the mines in
stead of at the great cities, showing thereby large
gin of profit in the saving Of freight use for the val
liable which results from dstillaon is indicated in
smelling the hematite iron which abound the
property. In conclusion says ''The Marion Coal Com
pany therefore feel confident of in their under
taking regard their property of immense value being
the available camel coal to the seaboard, and
believe before long the stockholders will receive hand
dividends"
The company is incorporated under the general law of
the State of Maryland applicable to mining and the stock
consists of 5000 shares of the par value of hundred
dollars each.
The Board consists of Chas. j. Baker, President Mich
ola Popplen, Henry Bell, John Eschbach and Alexander
Jackson.