Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-09
THURSDAY. March Sth-P. VI.

.
Gold continues to droop, further decline OF to
~ per cent being established in it to-day It sold
MT the first Board ar 1922 but at the second the sales
were NJ IG2Gl32l and ii closed nj &2 bid 1875 asked.
Governments were firm, but inactive. 4 small lot
of FivcTwenties sold al l05, and they closed at l03
bid for frs and 03 bid for second and third issue,
-Thrtics sold &! e9@ and g&i-, and closed at
g9@{ bid o9% asked. Certificates were lower selling
at %.
Southern State bonds we're in some demand, and
Virginia SIS show marked impr0vem Coupons
selling at from 20 to r. the latter figure being an ad
vance Of q per cent. On yesterdays price. North
Cardinals were lower. They sold at the first Board
Al - decline OF "a per cent, but they closed ut the
second at only 50 bid. Baltimore City IS continue
heavy and depressed, l>.3 selling today al -. and
1905 at 90.
Railroad shares were quiet, the only transaction
being small lot of Baltimore and Ohio at SllOh<
For Washington Branch $06 was bid, and Northern
Central closed at 4i bid SIS asked. The business IN
bonds was very limited, sale of 81 UiG Baltimore
and Ohio 1888 at o. being the GnT transaction.
In the miscellaneous list the operations comprise T:
50 shares Maryland Anthracite Coal at 81 buyer 80.
and 500 shares Bare Hill Mining Company at IS cts.
Money continues in very active demand, hut with
satisfactory securities borrowers succeed in making
up their accounts. Call loans first class colatera@
are quoted at per cent, and hrsL class busIne.
paper passes at 9 per cent.
In New York this morning. the only stocks which
gave evidence of continued strength. Michigan
Southern and Rock Island. both Of which opened At
n slight advance over last nights quotations. The
others were weak 81 about = per cent. decline Al
She eleven o'clock call tho market was still lower
New Yorl, Central being dis only stock which re-
1ained its opening pnce. AZ tae subsequent boards
most stocks were heavy, ana at the close show
considerable decline Rock Island ana Michigan
Southern form the only exceptions, the resistance
offered to . decline in these stocks during the day
being remarkable. Rock Island at four o'clock va
quoted at los, and Michigan Southern at 1]#- 10 Ia-
per cent above the opening rate in each instance
Tic control which The earlhiuationS IN thcS'
stocks have over their prices. : shown by TIM
steady advance to-day during depressed marko
and they certainly have the appearance OF 5ein,
eoracred The share capital Of the Chicago and iocl
Island Rmiroad is six millions, that of the Michigan
Southern nearly ten millions. therefore with tn
possibility Of stringt2cy in the money market tn
holding of these stocks is = somewhat hazaTdoU
responsibility NJ the present moment more especial.
when the fact Of their decreasing intrinsic acne
taken into consideration
Many sales of Eric to-day are reported on Euro
pean account. and they have undoubtedly been II
measure tho of putiugitS price down aut
making the stock less The latest adyices from
Wall street report it selling at S23 decline sine
Last night of nearly four per cent.
The general marke to-day has been feverish, II
confidence exists at present prices. and it ha
arrived at that particular point when it requires
deal OF skillful engineering to get rid Of most
railroad securities without loss. The process OF cor
nerng may be resoTted to- and prices TO cover shor
contracts may be greatly advanced, but the seriou
difficulty begins when the demand for proyidin!
short stock ceases.
Southern bonds were dull and irregular. Nortl
Caroiinas declined to 81, and Virginias to 80. with
very limited business in each. Tcnnessees Wei
freely ofersd with but comparatively few bids, an
they declined % 90. Early in the day Missouri at
vanced TO 49, but in the afternoon they were quotc
at 7S2f 4 difference of opinion seems to exist rs q
the propriety Of the State not reSumirg interest pay
mens until 1858. and several lots changed hands dU
ring the day. still the reimbursement act passed b.
the United States Senate has inducedlarge purchases
Government securities mostly firm, sos Of lS6
remaining ut 1903.
Gold opened at l3355. and under large sales it de
cined TO 1919 at the close. Tho amount put on tn
market to-day has renderedit less scarce and hold
ers are in all instances willing to lend IL fiat.
Money remains without change, frst-class house
find no difficulty in making their accounts good at
p cent, but there are nstanccsin which77 cont In
been paid.
The Tribune says:
The Erie corner is becoming as interesting tn
operations in Prairie du Chen and Harlem were i
their time. Like those stocks II is Of very doubuu
value. let tits controlled easily by tho Drew party
and may sell still higher. The annual report Is clio.
at hand and will probably end the corner sud
the stock, under the bad financial condition OF th
property, fell from IS to IS. The coming report Wi
be much over that of 1854. and would be no matte
of surprise II Il greater vibration is shown in III
stock 1t is very dangerous at this moment to SCI
Erie short but it is still dangerous to be lon
of t al anything like current prices.
lo5I5 tor commercial: lis sai6sa for banEe-s DC
ter 5nSrt from New ok M in ug peS So V
The export values from New ork this week ar
quite large. ~
In cotton o. -,
TotoI ............... s6,S0s,s.
Embraced in the last item ar 3l25bi bushe
grain and 26.SS5 barrels -four and mea' e@u'9'2 ga
Ions petroleum and a large value in provisl, US
The imports arc heavy both il dry goods ana '"-
era merchandise the total for the week being owe
SIX million dollars in foreign gold value
Dry goods ,s7669g SlW&6H S2,5E,i9
Gen. merchandise. l,S,I029 I,5l0546 800, IS
P P0 for the week. s.. sl$,s$5 $2529 $6!Q5,!5
Prev. reported. .,... 3l.650,S69 1L03l0li 47l29l4
Since January lsts35,453,5o- &lg.55L25 $53,236,gG
baltimore Markets, wednesday,, MARCEL :.
CQFFEE.,,-There has been some INQUIRY to-da,
have heard out on Se pix sale sale made far
The market steady and S a5S h,o a. ~ cts gold
Rio, which is scarce. Wequote as before RIO at iS5
1917 cts gold for common TO fair 2O%@2l otS Ola ~
good TO prime 2lt4el Z cts gold Tor choice. Tsa,,
rs at 2h2313 cts gold and Java at 2S@2S cts gold
FL0C 1.-THE market for Flour to-day has bee,
comparatively quiet; sales being reported Of only IN
bbls Howard Street Extra at S9a9.25. and IGA hi
good first Middling at $575 p bbl. There were sale
yesterday in addition to those noticed in our repor
of 30 bbls fair Howard Street Super at s.. an,
f1O0 bbls fair Howard Street Extra at So z bill
We stil quote as follows ciz: Howard. Stree
for Family; Western At S-;75@S for Super: SO