The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-02-05
e0AEU B- T2AD&.
Committee Of arbitration for ,aprE o- J,u"ary.
WILLIAM REYNOLDS.
W. COLE. IN G. PENNIMAN,
y. F. CAMPBELL. GEORGE SMALL.
59a.tatl 3r9 JatTrd:gtsEi 8tGi2t


BALTIMORE, Feb. 4, 1861.
There was a heavy decl ne in Stocks at New York
again today, but they rallied somewhat the second
Board, and the market closed firm. The market here
quiet and rather heavy but there was no material
decline in prices. There but little inquiry at the
Board for Railroad shares and nothing whatever was
done in them. Tor Baltimore and Ohio $50 asked
but only $j7h regular way bid for it, and Northern
Central closed at S14 bid SI5H asked regular way In
Railroad bonds however there uoycm, nt and
the market for them tolerably firm. sales were
made of 5000 Baltimore and Ohio 1855 at S9I $ OC0
Northern Central 1855 at 81 and 900 Northwestern
Virginia unendorsed third mortgage bonds at 90 For
City 6s there but little inquiry, and sales were
made. The same figures asked for them Sat
urday. i sale Ct Is shares Union Bank was made at
the Board a. $72 this figure being decline Of 81 the
last sales, but nothing done in other Bank stocks
The Mining stocks continue to be inquired for, and
they are still pretty firm, lE To-: Of them prices
were shade lower than Saturday. A sale Of 80
shares Gardner Hill was made at the opening at s. <
but subsequently $50 shares were sold at So and it
closed at So bid s34 asked regular way We note also
sales Of shares North State 20 cts shares do
at 30 cts 500 shares Baltimore ami North Carolina 25
cts cash. 500 shares do at 80 buyer Co days and 500
shares Deep River at 20 Springfield closed at s. bid
81 Is asked Guilord at IS bid this figure being an
advance offs cts butNortl State left of at only so cts
bid 10 cts asked, this figure being decline 10 cts on
the prices bid and asked on Saturday
In New York today Virginia 6s declined . per cent.
Missouri 6s per cent Erie 81 Cleveland Toledo
S33; Michigan Southern Sl4; Michigan Southern guar
antced 81 Rock Island SIA; Harlem 81 81 and Galena
and Chicago 81. New York Central declined at the first
board u; and Reading $2h; but the former stock adj
yanced again at the second board and the latter a.
Canton also advanced %.
The New York Jo,TaV CC Commerce Of Feb. 9 says
The Secretary Of the Treasury written to the Colec
tor here confirming the statement which we made that
the only penalty which be applied the clearance Of
vessels from United States port foreign country
without the signature Of proper United States officer, is
fine against the master Of $780, which penalty in no
attaches to the vessel cargo This penalty could
only be inflicted in the captain should return
United States pert and the authorities Sod be disposed
20 prosecute him. and could rore their The Secre
w also writes the Collector that while the laws must
he enforced, and the Department could not in advance
grant any indulgence for their violation yet the Secre,a
ry Of the Treasury has power in all cases
TO remit the penalty; and tiat where vessels are
forced into any infringement of the laws by the
circumstances Of the case, while engaged in Iegiti.
mate commerce, they may be Of all proper coasdera
tCa at his hands. This is all that could be said 10 clear
the way for lawful enterprise and there need be 10 further
trouble in the way OF regular commerce. The Depart
meat has for wise abstanc from formally assent
ing to the proposition made by shipoUncrs to OBJ
tain clearance at port where United States
officers were still in authority in where such Of
could be found at the port departure. Ii is clearly
the right of any shpm adopt this course under
existing laws and the preliminary sanction Of the De
and valid
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