Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-20
MONDAY, March 10. P. NJ.

MONDAY, March 10. P. NJ.
Gold continues to droop, further decline of IL to
Ia = cent. being established in it to-day The sales
which foot up nearly $4,000 were made at 129Ti2Ss
regular way, and 1881 seller and 10 days, and it
closed at l2s bid, l29 asked regular way. The vote
by which the loan or funding bill was defeated, was
reconsdered to-day, and it is quite likely that the
bill will pass in FORM and that by it the Secre-
tary will be armed with sufficient power to initiate 4
return to specie payments, a contamination most
devouty to be wished for by all persons of fixed and
moderate incomes and is this expectation no doubt
which is causing the decline in Gold and the general
depreciation in values
Governments were firm and K to u higher Five
Twentes sold at I031! @1O3 Seven Thirties at $685.
@993S and Ten-Forties at 9O5509034 There was
done in them than for some days past and the
whole list closed very strong.
In State bonds there some movement, and
North Cardinals and Tennessee's were better. the
former selling at SO, and the latter at 90 Virginia's
were offered at g. but no bid was made, and Mis-
sours closed at only Il bid One ortwo lots of Mary
land SIS sold at 105 ex-dividend Baltimore city SIS
were steady, 1855 selling at 1891 and 1905 at 9S ex-
dividend.
For Railroad shares there was a. limited inquiry
and VIC note sales of some 50 shares Baltimore and
Ohio at $ll01a, and 50 City Passenger at $685. In
bonds the only transaction sale of 81 600 Bal-
more and Ohio 1SSOs at 81. Baltimore and Ohio 1855
closed at IS bid, 96l5 asked, Northern Central 1855
at $50 bid, s. asked, and Marietta and Cincinnati
bonds at 79l2 bid, 50 asked.
In the Miscellaneous list the business was limited
Sales made Of 500 shares Bare HilIat S10 buyer
%, decline of cts; 1000 shares Baltimore Chrome
at 90 and 81 cts decline of to 10 cts and 100
shares Pennsylvania Oil at 50 cts decline of cts
on the last sales.
The demand for money is less active and the mar
ket is perceptihly easier Rates are, however, un-
changed frst-cass paper being still quoted at per
cent and less known at from lotto Is per cent
Call loans range from 5 to 8 per cent.
The New York stock market opened weak this
morning, the street exhibiting but feeble DISPOSE
ton to buy. New York Central however opened at
ops, being an advance since Saturday evening of x
per cent probably in consequence of il being ascer
tanned that the original computation of the loss to
the Company by the fire at Buffalo was greatly in eX-
Of exact figures. Other stocks however were K
to Il per cent lower but at eleven O'Clock the strong
support given TO cqued stocks was the means Of
imparting better feeling to the rest of the list.
Michigan Southern was again in good demand and
sold at 500. Pitsburg at 1915 and Eric at S25 The
market became irregular at the next call Erie Fort
Wayne and Cumberland each declining Z per cent,
while Pittshnre advanced 20 81 Michigan Southern
10 9Ir5 and Rock Island TO 1G1
The news reaching Wall street of Mr. Hooper's
proposition in the House to-day tended to check the
upward movement IN stocks. and at ha!f-past two.
prices fell off from to = per cent At the last call
stocks were still lower, Erie selling at Sl@, Reading
at 9'lI Michigan Southern at S02I and pittshurg at
500. Rock Island, however, formed an exception
and remained firm at l099, with sharp inquiry for
the stock. A slight improvement was reported on
the street half past FIVE Pittsburg being quoted at
S1l@ New IoIk Central at 921$ and Michigan South
em at 8I}Z,
The idea Of contraction has at last insnuated itself
into the minds of many operators in stocks, and 10
day has witnessed the closing up of many contracts
both long and Short tn decline in gold has had the
effect Of producing the belief in some quarters that
other prices must follow in the course. Inas-
much it is impossible to ascertain what are the
ultimate designs Of the several stock combinations
prudence has induced the bears to cover their shorts
rather than the hazardous risk of close corner
in any particular stock while many who have been
specializing for rise quite content to realize at
present prices, without waiting the possibility of
speedy decline.
IlR:2te Bonds attracted attracted moro attention to-
day. Tenness2es opened strong at 9Oa and later in
| the day they advanced &c 9l}2. Mssouri's were
| steady at II, North Carohnas improved Gnd were
quoted firm at 82M while Virginia's were in less de-
mand. and under pressure of sales declined to IS.
| Government securities firm at about Satur-
days rates. 520's Of hoth issues selling at 1881.
Seven-Thirtes, first series, are quoted at g97s.
Gold opened at 1895, and steadily declined to 127
at O'Clock. after which it recovered. and at the
close sold at rs.
| Money Is in more demand but still easy at per
| cent. call. very few loans being made at per
cent. Exchange ia dull and without change 60 days
Bankers sterling still being quoted los to 1857
| The Commercial ddUertiser says:
The effect of the decline in cotton upon the manu-
featuring interest is indicated by the fact that few
days since large manufacturing house at Proyi-
/ dence, q. =, failed for about SlM0000 through hay
| ing on hand large amount of cotton purchased at
nigh Prices, and also leagy stock of manufactured
| goods.
And the Tribune adds:
-, TAG trade in dry goods continues extremely dulI
/ There Is no confidence in prices among BUYERS and
quotations of domestic cotton goods have still further
cents @hle prints lgll cents lower than week
ago. The trade in foreign dry goods is still done al
most exclusively through the auction room, and few
goods can be sold better than at loss There have
1 been some failures among small firms during the
week.
The total imports at New York for the week COM
| pare as follows.
Wesb eGding n Mar az D. g9o - Mar lar s. Mar /;
Gen Merchandiss...,... 2'62S.S9 4535S $'S5s3S
Total for the week. S09S7S So 43S 107, 56
The New York imports of foreign dry goods COM
| pare as follows with former returns;
Far the Week 1884 1SR5 1895
FP5s5sd It ,he i@$J5 3 $l55$5s! ?
Since Jan. /, 1854. 1863 1851
Entered at the part S23 65D78l $s527i S3 800
Nc additional national banks have been authorized
during me geek just closed Total number in ez-
Circulation issued during the week.. 81 Gs5i70
Circulation previously issued go 556 $50
Total 70 5ato 26l ,a8s. $40
currency .......,......,. Sl4C17
Tatal now ont - ea60 sol ooo