Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-28
Furnished ~ Leonard j. foraaey Dc o., Sock ard Bali
Brokers. No. 2 .So1.th Ssrss3.
April p, 1868.
FRInAY. April 9th, ?. NJ.


market for it was fairly active but the general Stock
market was quite dull Gold sold at 2834@129 resu-
lar way 1881 buyer s. and 1274912S seller and 10.
these figures being advance of IA to per cent
those of yesterday and it closed regular way at l2
bid, 129 asked. The sales sum up about $4,000.
In Government securities the transactions were
not large. Five Twenties were frm selling at Jos.
and closing at 1888 bid, l06 asked. The decline in
these securities on the other side does seem to
have any effect whatever upon own market, and
tits quite evident that the people of this great nation
have firm ard abiding faith in its ability to pay all
its obligations and that they care very little what
estimate is placed upon them abroad. Seven-Thir-
ties sold at 10lA@107s and closed steady at 1919
bid 1O1Is asked Skies of 1881 closed firm at 1895
bid 1881 asked, but Ten-Forties were lower, closing
at 954 bid. 954 asked, decline yesterdays quo
tations of Il per cent.
In State bonds the only transaction was d sale Of
$1,000 registered Virginia 6's at IL Virginia Coupons
closed at IS bid. go asked; North Cardinals left eff
at So bid, 1924 asked and Tennessees at 80 bid. 81
asked. We notice sales of $4,000 Baltimore City
Park bonds at 49, but in other Baltimore city stock
there nothing done.
Railroad shares were very quiet, nothing being
done in any of them, and the only transaction in
bonds being sale Of $1,000 Baltimore and Ohio
1888 at 9iZ. Both shares and bonds closed steady
at previous figures. Bank stocks were in some de-
mand, and few lots sold at $l0l for National Ex-
change, S75 for Union, and $43 for Farmers and
Merchants.
In the Miscellaneous list the transactions
limited, the sales comprising only 2GO0 shares Amer
lean Gas Coal at 60@65 cts, and 500 shares Atlantic
Coal at S1C5 buyer 80 The Copper and Oil stocks
were entirely neglected
Money is abundant, and the market for it very
easy. Call loans however still quoted at per
cent and prime paper is selling on the street at T@3
per cent.
The foreign imports at this port this week amount
in value to $33S,T7 and the foreign exports to $780,
O1S. Included in the exports SOB bbls flour,
S79 bushels corn, SO hhds tobacco, 1884 bags rice,
and 90 bales cotton.
The speculative feeling in New York stocks re-
viged this morning. and considerable energy was
displayed in the purchase of most stocks which were
depressed yesterday afternoon. Illinois Central was
extremely firm, and appears to develop unmistakabe
evidence of clique manipulation; opening at l22 it
rapidly advanced to 10. but declined later in the
day to 10 again. Erie firm during the morning.
and advanced to 70 at eleven o'clock; later in the
day it was active az 1874, and closed at 1874. The
disposition to speculate largely in this stock is wan
ing, and the consequence is that at present it sym
pathizes with the general market and is affected by
causes which influence OTHER stocks, instead of lead
ing them and controlling the market as has been the
case for long time past.
Fort Wayne was firm and reached 80 at the morn
ing board Outside orders for this stock are few and
the operations appear confined to parties on tho street
who seem to definitely understand its movements,
which they carefully avoid making public. 1t de-
clned to 981a in tho afternoon, and at five o'clock
was selling at 9SlI. Chicago Northwestern common
advanced during the morning to 1885, while the pre-
ferred rose to SO. In the afternoon the common
sold at 2919, and the preferred at 5S7s.
Ohio and Mississippi certificates were very firm
during the morning at 2614. Tho carefulness with
-
movement being on foot to materially advance their
market value. At the afternoon boards they contin-
ued firm, with variation in their price. Cumber-
land was comparatively dull during the day at 443I
to 45 Canton steady at Sc at tho morning boards,
but advanced to 5T14 at o'clock. A slight rcac-
ton took place, however later in the day, when it
was quoted at 5714,
Quicksilver was the leading card. No variation
took place in its price the early calls when sold
at the uniform rate of52 but after the close of the
Stock Exchange board it was very largely bought on
the street, and advanced to 55I, and at one o'clock
very firm at 554 1t is reported that the intrin-
sic merits of the stock such as to fully warrant
its present price, the condition of the mine having
greatly improved of late.
The prevailing idea on Wall street this afternoon
is that stocks will still higher everything favors
temporary advance at any rate. The effect of the
unfavorable European has been entirely dissi-
pated to-day and the facilities for large speculations
are by no means diminishing. The public are becom-
ing convinced that the opportunities for stock mani
pulation will not be lost by the majority of operators
IN New York, and we gradually becoming moro
willing to risk the chance of following in the foot
steps of the "bull' clement which st present con-
trolls the market.
State Bonds were very dull and all lower, with the
exception of Tennessees which were quoted at 903.
Firgnia's declined ~; North Cardinals and Mis-
souris u per cent. Governments were firm, Five
Twenties selling at 1857 for the issue of 1864 and
lO6H for that of 1862 Ten Forties were quoted at So
and SKIES of 1881 at 1857
Gold has been much agitated to- day. more so than
for some time past. 1t opened at 12ST and declined
to I2S12 at halfpast eleven but again advanced to
l29 and soon after fell back to 1881 At l5OP N.
1t was firm at 1855 when large amounts were offer
ed for sale, and at 5 P. NJ. it declined to 1880
1874 AT the close it was quoted at 1895. 1t has
peen extremely scarce to-day. the rate for borrow
ing varying from SIG to a per cent. Money con-
tinues easy. Call loans have been in more demand,
out have been easily effected at to 5 per cent.
The New York Fvening Post says:
The financial panic in London is mot ray.rde5 with
much apprehension here but II has had flo efac+ of
stfenlng the price of gold and of SLIGHTLY Iower;ng
ING quoCdt3oh l9r one Or two Of the railroad stocks
fve-twcntIeS the effect has not been narnert;Li.
indeed they are rather higher since the arrival - ~
news, as the demand from investors in the country Is
increasing. Inc loan market continues easv nj dos
2 cent Capital is very abundantiy offered on caGI
Commercial paper is scarce and passes at 6I%id7 ~
he interest este On tne fiye,IWenties will be paid on
300.0O0 is about the amount to be paid
By the Africa we learn that the14th at the Lon
don Stock Exchange Csnsols closed At s55s@SSI
Five-Twenties 67@67 Erie 52212@53; Illinois 7gGlS0
Cotton closed at 1904 cts for middling.