Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-05-22
MnSnAY- May DIST p M

1Oue OF M are I...... teduS. cleauy. STEADY
MONDAY, May 2lst, P. NJ.
Business at the Stock Board fairly active to-
day, and in Gold the transactions were heavy, the
sales summing up about SIS 900. At the first Board
all the sales were at 30% with the exception of one
lot of $1,000 which brought 1905, but the second
Board the sales made at 1907 regular way, 1909
seller :, and $50 seller IS. Ii closed regular way at
the same figures Saturday, viz 1898 bid, 1901
asked.
Governments were inactive but steady, Five-Twen-
ties selling at 02 for the issue of 1862 and 1929 for
the issue of 1884, and Seven Thircs at 1O24I1O2s5
for third SERIES lot offrst series endorsed sold at
105 and for second series 1929 bid, and 1928
asked. First and third series closed at 1929 bid
FiveTwentes left off at 1919 hid for 1925 and 1925
bid for 1S6fs For Skies of1SS11O9 was bid but there
offered.
Missouri 6's improved to-day 4 some 81 900 selling
at 10. THERE was, however, nothing done in other
State bonds. Baltimore city SIS were firm 1888 sell
ing at 9S34 and 1905 at 9s39lO0. There was some
demand for Railroad bonds. and Baltimore and Ohio
1855 sold at 49, an advance Of per cent Northern
Central 1855 at $50. advance of Il and Marietta
and Cincinnati per cent. brought 791&. There was
also sale of Baltimore and Ohio 1878 at 931S. For
Baltimore and Ohio Railroad. the market was strong
70 shares selling at S1eS%@lCS54 Northern Central
was offered at $4. with no bid and City Passenger
closed at S1S bid. S1S17 asked
sales being chiefly of Mechanics and Union both Of
which fell off a after the opening. The sales of No
chanics embraced SO shares at STU and rs shares al
S7, and Of Union there 26 shares sold at $3.50
674. We notice also sales of 10 shares National Ex-
change at 800.
In the Miscellaneous list the transactions include
50 shares Baltimore and Cuba Smelling and Mining
Co.. old stock at $l0l. and $780, and 50 shares Ma
tional Express Co. at S. which is an advance of 81
the last sales. For Canton S6O1@ was bid and
$6lA asked and Maryland Anthracite Coal which
sold Saturday at S619. closed to-day at S5lI bid
S624 asked.
The New York stock market was severely attacked
this morning. and large sales made on the street
before boards. The entire speculative list was con-
sequently depressed. and prices all lower than
at the close on Saturday. New York Central opened
at 9ilsand gradually declined to e334 at one o'clock
slight reaction took place. however, later in the
day. ard sales noticed at q during the last
board, but at five o'clock it again became weak, and
freely offered at 9S55 Erie sold at the first call
from 1898 to 73]M, but became weaker during the
morning, and was quoted at 1871 at o'clock. but
at the two succeeding boards sold at 1884, and later
in the day, in consequence of unfavorabe news from
Europe, it suddenly fell to r. with great clamor on
the street to make sales.
Hudson River opened firm at 1131I but soon sue
cumbed to the tone of the general market and de-
clined to l12zs at o'clock aftor which it revived
firm in the morning at 1917, notwithstanding large
lots were sold both at the Boards and the street.
was in great demand at the last call and advanced
to l0S3s and after it reached 100 with intense
excitement therein. This sudden advance is ascer-
tanned to result from the supposition that the COM
pany likely to secure certain railroad leading
into the city of New York, where it will be able TO
land Goals as cheap as in Philadelphia. One of the
largest stockholders in New York is said to have
been purchaser of large amount of this stock to-
day, in anticipation of higher figures. 1t was album
dainty offered late in the evening in fact quite a
panic existed in the whole speculative list: and sales
Of Reading were reported as low as 107Z. Michigan
Southern well sustained during the morning and
advanced to 80 at O'clock after selling ut 1872
during the eleven O'Clock call but towards the close
it sympathzed with the feeling in other stocks and
declined to 79l5.
Pittsburg opened at $50 and with large sales de-
cned to S45s at o'clock, from which it subse-
quenty revived, and at four o'clock was selling at
30. AT the close, however. it became weak and was
offered in round lots at S41s with few bids Fort
Wayne was steady at the morning boards selling at
the uniform rate of 9Sl4 but after the one O'Clock
session 1t declined at 9S, and five o'clock was in
abundant supply At 9S with little disposition to buy
The Northwestern stocks were both weak, the com
mon" declining to 2S15, and the Preferred" to IS
towards five o'clock.
Ohio Certificates were depressed in the morning,
sales being made at 2s19. but they improved subse
quenty. and sold at 2S&S during the afternoon Can.
ton declined to COZ at the first board and continued
steady until the last CALL when it became in better
demand and advanced to 603I.
The "buil' movement in stocks received most
unexpected blow this afternoon. A large amount of
Eric is reported as having been sent from Europe.
and the holders of Illinois Central fear tnat the
same may be the case with this stock. Fiye-T wen
ties also reported TO have been sent over having
declined in London to g.
Gold was very steady during the day at 1907 to
1909, but receipt of European advices it became
much excited, and sales were made at 1872 shortly
after o'clock
Inc money market has presented increased activ-
lV to-day, and among brokers call loans have in
some instances been made at per cent the ,n,;ori
ty, however, have been negotiated at per cent
Inc New York Times speaking Of the recent heavy
gold shipments says
The Resumption of gold shipments from New York
the first of May, and which made a demand for
S2412000 the first two weeks of the month Was a "r
celebrated by the adverse financial and political news
from England and the Continent. received bv tba
steamers which arrived early in the week The de-
mand reached the large sum of IS. 5000 which was
supplied, in about equal portions from the gold de-
posts in bank. and by sales FROM the Treasury Office
The latter were continued on Saturday after the
portion Of the additional purchases no doubt
made in preparation for further shipments this week.
Other purchases had all the appearance of specu-
lation the chances first of continued bad. if not
worse. news from England, and secondly. of driving
the Government from the market seller at 100 q
cent. As however, the shipments thus far in May
leave still about seUsnty-three millions to be drawn
upon there is not much prospect that tho supply will
run short that the treasury will lose either the
control of the mark the present legitimate
opportunity to sell freely of what it has to SELL
and for which it has present use, at fair pre-
MUM. OF the gold now in the Treasury the whole
could be made available, if need be- to supply the
demand but as half the sum is not likely to be wanted
at home abroad. there is sense in threats
of combinations Ito take the whole than 3 SINH
lar trial few months ago, when the Treasury had
much less at control.
The earnings Of the Marietta and Cincinnati Rail-
road Company for the second week of May
1866. 81, 578l S6,177.15
Total this month .40 053 Same time last yr32 1913
Total from Jan. l380 074 Same time last yr33, 30 80
The Secretary of the Treasury has issued to the
Union Pacific Railroad, Eastern Division 1865 900 of
SIX per cent bonds. being the amount due the
last section OF twenty three miles which accept
cd by the United States Commissioner last month
The road is now completed for ninety en- miles up
the Kansas Valley, from the Missouri border to a
point $50 miles Vest of st. Louis The road will he
open to Fort Riley. 40 miles from ST. Louis on the
18th of July. va 'AN
The Chicago Tribune of Thursday reports.
There was an active demand for money TODAY and
there was closer feeling among bankers than had
been experienced for several weeks past Notwitb
standing this. however. our bankers are GENERALLY
well supplied with currency, and good paper is free