Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1865-10-24
hl TELEGRAPH.
Furnished By LeonoriJ i. Tormcy d. Co.,. Stock and BIZ
Brokers, No. - South Street.
October %, 1865.
MDNDAS Drt p3,l

MONDAY, Oct. I'D. p. NJ.
There was but little business done at the Stock
Board to-day and the whole market was sluggish
and inactive not being relieved even by any anima-
ton in Mining Stocks. Gold was fraction better
selling at ll6alijs cash. and 1872 seller TO- but the
transactions in ii unusually light amounting ut
both Boards to less than hS.UW.
Governments were wyier again, Dos selling at
X and 1905 ut decline. 5-20's old issue sold at
los, and issue at l0li4 and the sales Of 1905
were made at .. for second series, and 96Aa@G}s for
Sd series. Nothing was done in certificates or in Is
of 81, and Governments Of all descriptions closed
rather heavy. The only transaction in State stock
was sale of 5000 North Carolina s., at 80 which
figure was hid for more. Baltimore City IS were in
quircd for. but no sales were made they closed at
9s bid for lS5>; Too bid for 1866 and 1905 bid for
1905. Railroad bonds are also IN demand TO some
extent and sales were made Of 1850 Baltimore and
Ohio 1867 ut 9s and of $1,000 Marietta and Cincn-
natl bonds at So Bank stocks generally firm, but
the only sale made of - shares Union at 81.
Railroad Shares ere firm. Baltimore and Ohio
selling at Sll3I regular, and Northern Central at
Sii}I buyer 80. Bankers and Brokers' Telegraph
was considerably better to-day, and more active than
for days past. 80 shares being sold at Sl2a
SIPS an advance of half dollar on the price bid
for them yesterday. Mining Stocks compare
lively quiet to-day, and of Bare Hill. the sales of
which for a week past have been very heavy,
~
cts lower than on Saturday the closing figures for it
being 81 50 bid 1886 asked. The sales which were
made at the First Board were at 500 and So buyer
80. Baltimore Chrome also fell of 10 cents, selling ut
$165a1 60 buyer 80 and $l55 regular. but Atlantic
Coal, which took the lead among the mining stocks
to-day advanced 10 to 20 cts selling the extent
$500 shares at from $l.15 to $3.50 regular and ST.
to Sl.35 buyer 30, closing at $3.50 bid, l.3j asked
regular way.
The demand for money is more active, and it is
more difficult to negotiate loans than it has been.
Rates are. however, unchanged, and we still quote
9a2 per cent rs the range Of the market. Best names
are 9 per cent. with more sellers than buyers
The New York Tribuae speaking of financial af-
fairs, says:
The policy of the Treasury is contraction and who
ever fails to comprehend this new position of the
Government will find their schemes of profit disar-
ranged. Forty millions of compound notes and GER
uhcates have already passed into funded debt, and
the S5O,OOJ,UO) asked for will be forthcoming. While
the Government is destroying currency, recently used
rs money, the pacicaton of the South has furnished
new employment for the remainder, and in that di-
rection many millions will find permanent use. As
National bank notes and legal tenders are in future
to be the money of the country there is n certainty
that the supply in the North and West will be dimn-
lshed by the amount required to furnish the South
with a medium for Its commerce.
In some quarters 1t is argued that Congress will
promptly enlarge the national banking scheme. and
authorize several hundred millions of currency If
more is needed, which is not the case it should he
furnished to the country in the existing legal tenders
II
amount forcing the crop to market and breaking the
bubbles OF speculation by which all commodities are
chez ked in consumption. The Government has
reached the point where II retire the currency
which ITS necessities Obliged it to ISSUE and lower
which forced prices up when the currency was i'm
creased by constant addition TO the legal tenders
The aggregate value of the imports at New York
other than dry goods and specie, during the week
ending October 20, 81 709225 The total imports
OF the week compare as follows
Dry Goods MS $22SaS5 50 S65 IS o s 6 IS
Gen. Merch'e 21l5.999 2,0O9,Cll 2,77l,l24 27OS225
Total SIS, 1856 S4.2ss,9l7 s6137,6l2 s6112s7-
The New York imports of dry goods compare as
follows How 81 with former returns
Entered at the portS1 iS9 1O3 s7SS5ll So 408 $50
Thrown on the market l,O39,462 1,23O570 27S6l43
Entered at the port. 81 439 S67 S6 974
Thrown on market. 5l,570,735 6OS76,420 7O3lO,969
', The shipments Of specie, from the port of New
lows with the exports during the time last year:
Forty-second week........ SGl6 16 s4l9 800
Previously reported. 566 924 23SH65S
rIsssI y isi sa5ls3880 !. 4 ss5 "
The following is list of National Banks authorized
during the week just ended. Those organizations
marked with star O. represent old banks whose
conversions have been long pending and but just
completed. Those banks marked are. those whose
apPlcatons were filed and approved prior to July J.,
Iooo' anu tneir organization delayed Tor various
causes
Name. Locot;on Con;tol
Wexford, r. I...... Sl25 900
Elrst Ninton. Iowa $4,000
INat. SAVING Bk.... heeling, West Va. 100000
Mobile Ala............ 202 600
lEiQ estminster, Md. 81 SIT
+ rcisi Shakopee, Wis. $4,000
Vt......... $1,000
Inc above named banks represent an outbor-
preyouslv ontbor;,o,i 1868 5l7
mole number of national banks now antb,; o,oi
Is Low with an authorized capital of sins ~
amount OF circulation issued to the nafionai h
for the week ending Saturday. October 81 a. banks
"
ITeNlousiy 300
Iotal SlNO ao5 20