Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1865-10-28
Funny. October Up. NJ


The market for Gold was stronger to-day. 1t sold
at the First Board at 145&, regular way, this figure
being advance of y per cent. on the closing price
of yesterday, and at the Second Board it brought
1457s and closed firm at 1l5J3 bid 1872 asked rcgu
lar Some sales WERE however, made at the Second
Board sellers option, 80 days at rs. The transac
tons in it were not large the sales at both Boards
adding up only S20000 of which $4,000 was at sell
ers option so days.
Governments in fair rcquest, although less ac
tive than yesterday, and 5-20s steady at pre-
yiOUs quotations, issue selling at 10lI3; sales
Of old issue were made, but l05 was bid for them
Scyen-hrties second series sold at the list Board at
974, which is \ less than yesterday price, but small
lot sold at the % Board at 9Z One year certificates
brought 9S and the whole list of Government securi
ties closed firm There was nothing done in State
stocks but 1907 was bid for Maryland6 of 1890; 7O
for Virsinias so 2for n. Cardinals s. for Georgia
and 50 for Tenncssce's. small lot of Baltimore
city SIS sold the first Board at 100 but 1901 was
bid for them at the Second Board. Baltimore and
Ohio Railroad bonds firm, 1855 selling at 100
and we notice sale Of Northern Central 1885 bonds
at 50, which is an improvement the price bid for
them yesterday, Baltimore and Ohio shares sold at
$ll3, and closed firm at Sll3 bid, Sl134 asked.
In the Miscellaneous list there was fair business
done, and the principal mining stocks brought rather
better prices than yesterday. Bare Hill was steady
at 1925, 5000 shares being sold all at this figure
Baltimore Chrome brought Sl.6j, and Atlantic Coal
SIPS. Pennsylvania Oil showed decided improv c.
ment 1t opened at 60 cts and advanced to IS cts but
closed with sales at 20 cts The sales reached 5000
shares. We notice sales of Deep River and Lake
Chrome the former at 10 cts the latter at Is cts We
suppose that they deatin because they are cheap
certainly they could not be much cheaper and be
worth anything. Santa Clara was considerably frmer
SlO}2 being bid, and Sl2l5 asked but no sales were
made, as might be inferred. Bankers and Brokers'
Telegraph sold to the extent of 900 shares at SlOl
and closed at $lOl4 bid, sos asked.
There is no change that can see in the condition
OF the Money market, certainly no change for the
better. The demand continues very active but par
ties in good credit succeed in making up their ac-
counts. The general rate for frst-class paper is
per cent, but some negotiations are making as high
as 10 per cent.
In New York yesterday Government securities Of
all issues firm; the first series of 1905 sold 9S
The general share market was much excited and
closed with a substantial advance upon most stocks
The Tribune says: At the Stock Exchange a raid was
made upon New York Central by the CLIQUE which
recently suffered so severely in Michigan Southern
SIX thousand shares were sold without affecting
the quotations 4 I Gent. Erie was exceedingly
active, opening at 81 and selling as high 92I
upon the street. The closing rate was ~. APP
pearances indicate that the large short interest has
been converted into bulls" Michigan Southern was
in active demand and for Cleveland and Pittsburg
there was an abundance OF purchasers. The move
ment to buy stocks upon the street was based upon
confident statements that fifty millions of notes had
been funded and assurances given by the Treasury
that no more currency would be converted at pres
public call was very great and stocks were bought
without regard to price, Erie was specially wanted
under reports of large exports, stated by some au-
thorities as high as 10000 shares.
The steamship Africa at Halifax. brings London
dates to October Is On that day United States Five
twenties quoted at 81 2a6S Erie 5734a5S4 Hi
nOis Central, S35IaSl. COnSOs, SSSaS9 The National
Of hns adv it, rofa i,,tor q,
5per cent
The Chicago Tribune of Tuesday has the following
in relation to monetary affairs in that city:
The leading topic in monetary circles to-day was
the condition of the grain in the warehouses. The
bankers have an idea that large portion of it is
already warm, with a prospect, should it not be
shipped out before the close of navigation that it
quence is almost impossible induce bankers
II make advances produce. unless for shipment
and commission merchants find great difficulty in
tranSacting necessary business As for spectators,
their accounts on the plea that they will require all
their funds within few weeks for the pork and beef
packers. Under these influences we have, therefore
to report an extremely close money market: but for
legitimate purposes, it may be quoted a shade easier
The rate of discount at the leading houses is steady
at 10 per cent. per annum but private bankers are
charging one per cent commission i'll addition.
Statement Of Cotton nj New Orleans5 Oct. 18th:
Stock on hand Sept. I, lss5......... H''e s5.aao
Becelyed to-day. .......... 4743
Received previously ....................l23,53
= 12s,2S2
Total...;..............,,,.....,....,... 2ll, 81
Exported to-day Observation-Disclosures. 2S.9
Exported previously ..o............ 941a3
49, g7,C72
Stock on hand and on shipboard not
"a ,f49