Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-05-12
BY TELEGRAPH.
furnished BIZ Leonard D. Torney 3 Co.. Sock oHd Biz
Brokers: No. z South Street.


Zone of Market.......-....Steady. Dull. Dull.
FRIDAY, May II, P. NJ.
Business at tho Stock Board to-day was only mod
erateiy active and the most of the stocks dealt in
steady at about yesterdays figures. Govern
ments firm. lot of Skies of 1881 sold at 1907
advance of = cent the last sale, and Seven
Thrties brought 1922, yesterdays price. There WIS
nothing done in Five-Twenties or Ten-Forties. but
the former closed at 1925 bid 1927 asked and the
latter at SO bid, 96l4 asked.
Gold advanced to-day Ii to = per cent. It sold at
the First Board at 1881 al2I cash, and l2814 seller
10 and l5 but at the Second Board the sales were all
at l&-regular way. 1t closed regular way at 1881
bid 129 asked.
In State Bonds there was no movement whatever,
and of Baltimore city 6s two small lots only
were sold at 97l4 for 1855 and 9J3I for 1895
Railroad bonds were quite active, particularly Mari
eta and Cincinnati. of which $4,000 sold
at 7S4@79. the closing sales being at 763+, which is
an advance on yesterdays price of Il TO per cent.
There sales also of $1,000 Northwestern Vir-
gnia first mortgage bonds at S. and of S. 900 Bal-
more and Ohio 1855 at 9212. For Northern Central
1855 s334 was bid, and 81 asked. Railroad shares
were quiet but steady at previous figures. Tho only
sale of Bank stock was one Of shares Union at
$73A. an advance since yesterday ofS1H.
In the miscellaneous list very little was DONE the
sales comprising 50 shares Maryland anthracite Coal
at $613 and l25 shares National Express Co. at $%
The Copper and Oil stocks entirely neglected.
Money is abundant and very easy at q cent. on
call. Prime paper which is scarce and wanted passes
at cent, and there is every indication at present
of prolonged ease in the money market.
The foreign Exports from Baltimore this week
amount in value to S235,350. Included in the Ex-
ports were 1888 bbls flour, $50 bbls corn meal $50
bbls bread $40 bbls pork, 1123 hhds tobacco so 1872
bushels corn, and 6,776 gallons petroleum.
The New Y ork stock market to-day has again been
dull and inactive, the principal movement being in
Northwestern preferred, which opened at GG25 and
gradually declined to 5S3I at the close There has
been a rumor current on the street this afternoon
that the directors propose to pass the dividend next
month; be this as it may it is quite certain that sew
eral lots Of the stock have been put on the market
to-day, which have been held in anticipation of the
payment of the dividend in June.
New York Central was only feebly dealt in at the
several calls. 1t sold at 92I4@9233 during the morn
ing, and closes at 92 Erie has been less active and
exhibits decline of "a since the first board being
quoted at 1871 at O'Clock. Hudson River was en-
trely neglected at the first open board and at one
o'clock there sales reported. 1t sold during
the late boards at 1894 with but very little enquiry
for the stock. Reading has been remarkably steady
throughout the day at 1915, but the transactions
therein have been extremely limited. Michigan
Southern sold during the morning at 1875 and closes
at 1875 Illinois Central advanced to 1921 at the
Stock Exchange, but the street later in the day
sales were reported at 1925.
PitsbUrg has been steady at S3159S9lI, but the de-
mand for the stock has been very small Rock Island
showed some animation during the morning and ad-
vanced to 95, after selling at 94 at the first board
but it declined however during the afternoon and
closes at 945s. Fort Wayne reached 993z at eleven
O'Clock, but was somewhat severely attacked by the
bears" at the succeeding boards when it declined
to 9Sa, but rallied at the close to 9SS Cumberland
was firm at As Quicksilver opened at 551%, but de-
clined to 55 during the day.
Canton sold during the first board at $685. and at
the eleven o'clock board advanced to 5S% its
quotations at one o'clock was 581l and it
closes at 5S54. 1t is understood to-day on what is
considered reliable authority, that its manpulators
intend to still further initiate its price, and the public
should guard against being short of the stock
should such be the Large orders have been re-
ceived in New York to buy" it, and its present
price. and the manner in which it has been sustained
to-day rather tend to strengthen the belief that this
"bull movement will be successful as far as advance
ing its quotation goes although whether the clique
will be able to find rcmunerative market for their
stock when they to SELL is entirely problemat
ical.
The course of stocks generally to-day has been so
monotonous that indication has be en- made of the
future tendency of prices; speculation seems once
more at standstill, but there are yet no induce
ments to bear" the market, notwithstanding the
stagnaon in most speculative securities; and as for
buying stocks for an advance, there appears a con-
hictng opinion on the street as to whether the
cliques" are not about satisfied with present pur-
chases without adding to them.
Ohio certificates were very firm to-day and adj
vanced to 26M. 1t is thought that movement is on
foot to give additional activity to these securities:
present holders appear quite contented with their
purchases, and these certificates beginning to get
hat "a, 81 ,,-,
quotation.
State bonds continue to attract little or no atten-
tion and their prices nominally the same as on
Thursday. Government Bonds were steady, Five
Twenties ruling ut 102. Thirties were quoted
at 1929, and Skies of 1881 at 100.
Gold declined to 1895 at the close after selling
early in the morning at 1898. Its scarcity is again
being felt. and the rates for borrowing vary from
1-32d to 1-l6th per day. Money continues abundant
at per cent. on call.
The New York Ere,ring Post says:
The only feature of importance at the Stock Ex-
change is the increasing disposition to absorb Gov
eminent securities on the part of banks and mer-
Gdnie Lrms which have IN haI large surplus funds
Whlcn they thus employ as the most eligible means
now offering for securing high rate of interest while
Keeping Inc principal always at command. The loan
marKet SHOWS increasing ease and the accumulation
mere OF capital from parts ofthe country Continues
Call loans are easily obtained on good securities at
is scarce. and passes at SOS Among the eanse to
which the excess OF the supply over the demand for
available capital IS aseribed the torpid condition
of general business, which curtails in yariouS d;
tons the demand for accommodation and seeonSv
the general increase of public confidenced NANNY
BY the positive declarations as to the fnanca @
ments of the Treasury in the immediate future The
new funding bill may probably receive some amend
ments, and will, 1t is supposed, be reported next
week.
Neills cotton circular Of Sth May says:
1.-THE total receipts at all ports from the end of tn.
war to the latest mail dates amount to 2,219 900
bales
Past Week. Since LIST Sept.
Receipts ,.,......,......3300 900 1905 600
Exports to Great Britain ....36 900 1,020,00O
France .,....,....., 500 $4,000
0ther mn pt'a mn 0Dl