Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-08
BY TELEGRAPH.
Furnished By leonard J. Torn1ey d Co. Stool alG BIZ
Brokers' No. % South Street
March 1893
WEDNESDAY, March :, P. NJ.

WEDNESDAY,, March :, P. NJ
Gold sold to-day at 1884 cash, and seller 1O@l5
days, this figure teng an advance OF i to e on yes
terdays price, and left off steady at l& bid-l3SH
asked. Only moderate business was done IN IT. the
sales adding up about $4,000.
Governments were steady and firm, Fve-Twenties
selling at 1O3 and Seven-Twenties at 9912. Five
Twenties closed at 1925 bid 1885 asked and Seven
Thirties at 93s bid. 994 asked. For Certificates wa
was bid. and 9914 asked. but no sales were made.
Virginia and Missouri 6's we're both better to-day,
the former selling at 693, an advance 81 z per cent
and the latter closing ct ~ bid an advance Of per
cent North Cardinals were hardly as strong. being
offered at S41%, but Tennessees were firm, ~ being
bid. and q asked for them Baltimore city SIS con-
tnue 10 droop 1905 sold at 99I. and closed at only
oS1% bid 20 asked We notice q sale of lot of City
per cents at S31a.
There was no movement in either Railroad shares
or bonds to-day. Shafes closed at SllO bid, @IllG+
asked for Baltimore and Ohio; 81 bid. s. asked for
Northern Central; 800 bid for Central Ohio; SIT! bid
for City Passenger, and bonds at ~ bid IS asked
for Baltimore and Ohio 1855: s. bid, 500 asked Tor
Northern Central sl8S5s and so bid, Sll2 asked tor
Marietta and Cincinnati per cents.
In the Mining and Oil stocks there was some little
movement. but The transactions not large, Bal
timore Chrome improved cents, selling at T5a 80 els
Pennsylvania Oil brought SO cts, Atlantic Coal 81.
and we notice sale of 300 shares Maryland Anthra-
cite Coal at S1724. buyer 80.
Money continues in very active demand. but with
satisfactory securities borrowers succeed In making
up their accounts. Call loans on first class colateras
are quoted at per cent and first class business
paper passes al 9 per cent.
The New York stock market open ed quite strong
this morning Considerable excitement existed III
Erie, and even before Boards; great anxiety was
manifested as 10 providing :0r the deliveries of the
stock to-day the difference between the cash price
and regular way being q cent. - the first call
this stock so absorbed the general attention Of spec
ulators that 10 transactions took place in HUDSON
River Railroad Illinois Central. Canton or Cum
herland. At eleven o'clock the market became II
regular for while Erie remained firm, and P!ttsbUIs
advanced to 1914 4 above its opening price, New
York Central declined 4 and Chicago and North
western IS. At the one O'Clock Board New Y ORR
Central again reached 91l4 Pitsburg still further aa
vauced to rs and other stocks each Is to "a 2
cent. higher.
In spite of the large bear clement in Stocks the per
sistency of buyers overcame every other tendency
the market at haf-past two, and most stocks at TIN
call advanced = to 4 + cent Erie however, re
manned at 81 and Cumberland declined to 43. Abou
this time bids were MADE for Michigan Southern h!
several large operators ana the demand for the stocl
continued until the close at winch time it is qUotet
at 727s, advance of T.; q cent sl1co the morning
Fort Wayne and PittSburg were also much soush
after, each closing firm at < z cent adVanc
over rates at half-past two. Other stocks Def'
lower, however. towards five o'clock New Yorl:
Central selling at 9lA, and Erie at S6}s. Some o.
this latter stock was bought in under the rule to-day
and borrowing it cost i 2 cent in most instances
The market still has no healthy appearance and it,
condition to-day distinctly proves that the advanc,
in most prices is owing to the unusually largo eho
interest in stocks, and apart from the demand ere
ated by covering contracts falling due very little
sstance from the bull party necessaryto advance
prices.
The business in State Bonds this morning was com
parativey waived, in consequence of the excitement
in stocks, and few sales only reported of Ten
nessees at 9213, and Missouris at u.s. Later in tht
day Missour's advanced to 1874. and were in gooJ
demand. North Cardinals were pressed on the mar
ket in large quantities during the afternoon in con
sequence of which their price declined to S2. GOV
eminent Bonds are for the most part without any
particular change, FiyeTwentes of 1864 still rulinl
at 1O3.
Gold opened at 1887, but during the day it gradu
ally declined, closing at 1&3]g@l331l. 1t is by NJ
means plenty as it has been. and it with diff
Guilty borrowed fiat; in some 132 even pait
for use.
The money market has assumed greater degree O
ease and per cent is the ruling rate call loans.
Sterling bills are quoted at New York at 1OS@Sa
1881 for leading names at so days, and I095sd 1Og
for short. Produce bills are not abundant, and arr
qqeted at 1O'@lOS Francs long, 5l32@5l64: short
The Boston imports. for two weeks ending Marcl
= were 81 26S52O against 503,42 during the
ponding week in 1865. Total since January i. 5000
lol. Inc exports. including specie. were $27S.6ll
against $3.50 S5 for the corresponding week in 1865
governor FLETCHER has signed the bill which re
Gently passed the Missouri Legislature providing 70
the consolldation and payment of the bonded debt
the State. By the provisions of this bill all overdue
interest is to be funded and incorporated with tn
principal in new bonds, and is to be resumed on tn
lst Of January. 1865 The bonded debt of Missouri
including unpaid interest amounts to s300O0OUO. /
is estimated by the members of the committee b.
whom the bill was reported that under its operat
the entire State debt will be liquidaed in twent
years.
The total circulation of the National Banks on Sat
urday last amounted to S255, 1870. The ContrOlle
of the Currency states that:
Reports are every now and then being published
me tndfeer q t GeI G new MaHoHSI SaEs Ry ID
National Banks have been authorized for sever,
months, but number that were granted some
eight months ago have been DELAYED by various cause
from commencing business until the present tim
Quite a number of State banks which applied f
conversion and filed their papers prior to the LIST
july 1865, have not yet received their final certicai
of authority. for the reason that their outStandn
State circulation is in excess Of the amount above
by law for National Banks. The Controller only Is
sues the certificate for them to commence bushes
when their old circulation is reduced to 80 per cen
of their capital.
The New York Times says: the exports Of Cotto
from the port of New FORK during the week endin
March 9Th reached the unusual quantity of II,
bales, valued at S3,67S,371, or equal to about tw
hundred and eleven dollars per bale. Included
the exports were 2O39 bales, valued at 2,4G2G59
the single port of Liverpool Thus far in the currer
Cotton year. commenced with September l, 1866, th
exports of the staple from this port have been 29 q
bales, which represent a currency value of nearl
siyty-one and q half million dollars. The receipts
Cotton at the port from all sources. since Septemb
1865 have been &C. l05 bales, worth aboutOne hun
dred twenty nine million dollars. The estimated so(
on hand and on shpboard not cleared at this port
about 100000 bales, or equal to currency value
hfty.two and three-quarter million dollars ,.c.,
Printing cloths, says The Providence journal Of Il
5th March. are declining. They have fallen off du
ing the week 1122c per yard. The following are Il
sales 5000 pieces 6lx6l 15c 5000 do: 64x64 lac: L
oOG do. 6lx6l l31ae, to be delivered in March; o.
do. G9x5i, l5l2c. on hand; 1000 do. 6Ox64, priva
terms; 10000 do. 56x6O, l29c to be made. Total AZ
900 pieces.