Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-09

BIZ TELEGRAPH.
Furnished on Leoaard J. Tormey Il o., Sock and ji'j
= Ii
SArrrnAv Arril p N

Alton and Tegre 6aute..- 1914 800. 49,.
ONO and an l, Mis-; Cert''' st 70 So ct.
SATURDAY, April 7-P. N.
The Stock Market to-day was dull, and the general
feeling in it rather heavy. Gold was fraction lower
than on yesterday, the sales which were quite limit
ed being all made at lZ7l cash.
Governments steady at yesterdays figures
Fve-Twentes selling at 1913 and closing n5 104 bid
1O4i asked and Seven-Thities selling at leo for
first and 100 for second and third SERIES and closing
at 100 bid for first and second and 99s for third
ries The business in them was. howeyerquite limit
ed, the sales footing up only about $1,000.
In State bonds tho only transaction sale Of
5000 Virginia inscribed 6s at A. q per cent less than
theybrought yesterday. For Georgia 1OGwas bid bu.
for other State bonds no quotations were made.
Nothing done in Baltimore City 6's; but they
closed at 99a bid for 1SI5 and 90 bid q9} asked for
1855 and 1905 We notice a sale of shares Union
Bank at S75. which the only transaction in Bank
stock.
In railroad shares and bonds there was no move
ment whatever. shares were, however, steady. Bal
timore and Ohio closing at SlI2 bid $I1i asked;
Northern Central at $4l34 bid, SIS asked. and City
Passenger at $lSl bid $1S34 asked. Bonds were also
steady. 81 being bid for Baltimore and Ohio 1857
S32I for Northern Central 1855 and 80 for Marietta
and Cincinnati.
There was a sale to-day of 500 shares Pennsylvania
Oil ct IS cts. but the Copper and Coal stocks were
entirely neglected. There was some movement in
Bankers and Brokers' Telegraph. Tie market open
ed with sale of 500 shares at 50 but subscgucntIy
400 sold at IS, a. which figure II closed
The New York stock market was well sustained to-
day and prices Of the most speculative securitic.
were again advanced. Eric the great attraction,
at the morning boards over 1900 shares changed
hands at prices varying from ia to 7G sales were
made, seller 60 at 2} while it sold at ~ 575 seller
80 indicating at least the expectation of lower
Reading was heavily dealt in, l0l being its price,
regular way. and buyer 80. Pittsburg was fairly &C
tive, and advanced to 500 At the close Rock Island
again excited renewed Iuuurs Of large extra
dividend and at O'Clock was quoted at 1lGGll6l{
Nothing definite having transpired With regard 10
this stock it is difficult to form opinion as 20 its
probable course; notwithstanding its great firmncsy
there has been scarcity Of tho stock up to the
present moment.
The ciques appear encour3 2ed by their recent sue
cesses, and it is not known which stock may be cor
rered" next. Some of the more prudent operators
have temporarily withdrawn from the market. in the
belief that-tO do nothing is the safest policy Just
now. A leading broker in New lori; profting by the
late working of Michigan Southern, has placed
the following notice in his Office. No Stocks toG
Short" Tho machinery of the Stock Exchange is
now used in such b manner as to offer direct pre-
MUM to 'cornering" operations, and tho ruling of
impetus to illegtimatn business of this description
Michigan Southern has exhibited no great variation
in price to-day, the transactions therein have been
comparatively small, It closes II SI3z after opening
AT 81.
State bonds show little activity. Tcnnesscos sold
Mt 81 in the afternoon: Misours were dealt in to the
extent Of $4,000 AT 72@72}l: North Cardinals were
steady at S4}5 Virginias merely nominal at G7@
67M. Governments are firm. Fiyo-Twenties OF e,
sold at 1929 also the other issues The second and
third series of Sevcn-Ihirtics were quoted az qgl
while the First sold at 1905.
Gold opened at l275E, and gradually declined TO |
12 at the close notwithstanding the decrease in its
premium, it continues eXircRc7 scarce. and 3lGwas
the ruling rate to borrowers till Monday There is |
decided effort being made to anticipate the effect Of
the payment of the May coupons large amounts be |
ing offered options during the day.
The moneymar} ct presents increasing case although
country banks have been Withdrawing their deposits
Call loans obtanable at TO per cent, and the
supply of capital is sill abundant. Discounts aye
active. prime names quoted at 7@8 per cent
good" paper passes at 9 to 10 per cent.
The Controller of the Currency denies the allena-
ton that be had written letter to the Finance Com
the authorized currency of the National banks
The total imports at New York for the week com
pare as follows:
Week end pri 5. Mar. 90 Mar. o. Mar Is.
Dry doods....S2 glS93 $2.5a23 3d. 33 So 1873 $50
"e 4ius''' f'o''-o' o'7-@''''- "o'-''i' z'oZh5JJ
Total ,5s4,25O S5.g73,3o3 $68l6O4 $5SO9,s7s
The New York imports Of foreign dry goods COM
pare as follows with former returns:
Ent er at the the 32 ss 23 s2 f5
Thrown on market" 2435,59S e33,5l2 2,43,60j |
Entered at the 355Sa5 1885 i24 sS @ o.,
Thrown on market. 1852 528 l3l37 $40 44224O4
The export Of specie from New York by Saturdays
steamers aggregates Sl9 1888. of which the Bremen
The New York Herald says:
The foreign exchange market has been active but
somewhat denoralized and although large purchases
have been made the supply of bills has been in ex-
cess of the demand Bankers sterling of the best
grade at sixty days may be quoted at 024@$s with
Bills at short sight 1G71a1I: commercial IO5ai0S
francs, at long date, SIR. 81 @5fr 35c short sight SIR
2l12g5fr &c The cotton exports from the Southern |
as wen as Northern ports are active, being stimulated
by the firmness of the European market for the sta
PIE, and these are OF course the immediate cause of
the continued depression in the foreign exchanges
The influences Of the supply of cotton. upon which
it is argued, is maniesing itself to an extent which
great akdOwn in the value of the raw material on
the one hand, or, on the other the importation of
gold and United States securities from Europe to nav
for it.
The Chicago Republican of the 4th inst says:
The money market remains without any material
alteration will fair bus mess doing in the grocery
ter demand for money but there sno change in rates
OF interest. Approved borrowers find no difficulty
cent SecOnd-class paper is difficult to negotiate
and seeks the street. where interest is charged at "
@2 per cent per month"; Eastern Exchange is in good
demand, and the market is close and firm, without
any change in rates The banker buying at par
gov cts per SlO premium, and selling at ll0th OF
per cent. premium.
The Boston 7raUeier of last evening reports: THE
money market shows little variation from the past
rev weeks the supply Of currency being still in ex
cess OF tne wants OF the borrower and much difficulty
Il experiences IN hnding profitable employment for
increased demand for mercantile PAPER and cboi.c
names are scarce and wanted at per cent CiIoans
readily obtained at per cent ~N'- A0@''