The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-11-16
SALES AT THE BALTIMORE STOCK BOARD.
PRICES AND sALEs OF STOCKS IN NEW YORK.
The New York Herald. of this morning, saws:

The New York Herald, of this morning. SAYS:
The reports from the South the whole more sat
isacory to day. Sight exchange New York is quoted
at e "a S discount New Orleans, and tho banks
buying sterling bills at G5H Gl06K If they had
stopped buying they and their customers would have been
better of to-day From Savannah, merchants write that
the pending political agitatons will not be suffered to in
terfere with business, though confidence thing
that could be created or revived at will At Charleston
business suspended but dispatches positively
the Legislature has not passed the bill authorizing
banks to suspend specie payments and that they will not
suspend. From Mobile the letters are generally more
cheerful and strong hopes expressed that when the
South has had time for reflection the dsunion sentiment
will prove less powerful. From all sides, however
the report is that slaves and cotton lands are decln
ing in value Southern men must not deude them
selves into the belief that this disturbance be got
over in few days weeks or that Convention, any
number of Conventions will calm the troubled
The Of the trouble lies deeper than politicians
imagine The election of Lincoln brought matters to
head but the elements of disturbance in full opera
on before Lincoln nominated, and they must work
out their appointed results however the slavery
slavery parties settle their controversy The Southern
States going to have their revulsion just
Western States had theirs in 1851 Coonland and ne
groes have been too high there has been much trading
on credit too much buying Of land and of negroes
credit; much ion of credit
South and the bubble has been prcked the
lapse must 1t is fastened and the distress ag
gravated by the menaces Of the politicians; but the
catastrophe must have occurred later in
event. and all parties who have dealings with the South
should prepare themselves accordingly The North and
West must suffer in proportion to the extent of their
dealings with the South
The Tribune says:
The eNhblted IN the STOCK market
day continued to-day, and much more hopeful feeling
existed among stock operators which also extended
the Money market The first session Of the Board
very excited brokers contendng eagerly for purcha
ses they did few days for sales The sitting
until IL O'Clock. The commission houses had
increased amount of orders, many OF which
time, and could in most cases, be executed The
difference between cash and buyers 80 and GO days the
leading iancies was and Il per cent showing that
buyers have faith than funds. The low points
touched yesterday also attracted the attention of
orders to buy for cash. These purchases went
far toward giving firm tone to the market,
street operators and shorts buyers The bears operated
cautiously, few of them having much confidence in fur
ther fall although they look for serious fluctuations
when the market assumes permanently forward move
ment Toward the close of the session descriptions
especially Western shares, not firm the reports of
November traffic being less satisfactory than those we
have been receiving during the past months
Between the Boards the market irregular, and the
Second Board which opened rather weak became at
the close.
There was much more cheerful feeling in the money
market to-day The difference very marked from yes
terday although rates for paper still very irregular
The high rates of interest quoted in the Journals
capitalists from their retreats and whereas paper
could not be sold at all yesterday, to-day
crate currency for gedgedn strictly at S10 per cent
Very good names, however, still selling at IL per
cent, and some jobbng paper, especially if connected
with the South, goes 1924 per The banks are
rather disposed to contract which throws
upon the street.
The following teegraphc dispatches were read at the
Board of Brokers this morning. in the order in which
give them
CHARLESTON, November l4.-No bank has suspended
do think any will I am just from Columbia The
strong. No bill has passed authorizing suspension
G. A. TRENHOLM,
No2
MONTGOMERY, November Il. -, broker, " illam
street. Excitement continues immense. Better sell
heavily. Governor Moore returned to day made seces
sion speech. A. D. BANKs.