Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-07

By TELEGRAPH.
FRIDAY, April 6th-P. \

Fort Wayne........ wa gO2s VIZ
Alton and Terre Haute.. 80 80 ......
Ohio and Miss. Cert......: 2i5s PA 1900.
Tone of Market...........Firm. Steady. Strong
FRIDAY, April 6th-P. NJ
There was fair amount of business done at the
Stock Board to-day but tho transactions were chiefly
in gold and investment securities the fancies being
quite neglected. In Gold the operations reached
nearly SIS 5000 the sales being chiefly at sellers op.
ton s. 10 and 80 days. It sold regular way and buyer
and days. at 12755@1212l; seller and 70 days al
12719 and seller 50 days at l27, and it closed regular
way at the same figures as on yesterday, viz: l2
bid, 1878 asked.
In Governments there was comparatively little
DONE and they hardly as strong as on yester-
day. The transactions embraced only some So 500 OF
Seven Thrties at the first Board at 1905 for second
SERIES and 10O@9955 for third and 81 $50 of Ten Thr-
ties at the second Board at OBS Five Twenties closed
104 bid 1915 asked, and Skies of 1881 at 1875 bid
los asked.
In State bonds there was some movement, Mary
land SIS of 1870 selling at 1905 GeOrgias at l0O and
Virginias at IS for Coupons, and 4l1 for inscribed
For Tennessees So was bid. and North Carolina :
closed at 81 bid S. asked, Baltimore city 6s sold at
g919@9934 for 1905, 994 FOR l675s and lot of =
cent sold at S214.
In Railroad shares the oaly transaction was sale
of a small lot of Baltimore and Ohio at $ll4 This
stock closed however at SIP bid, STA asked. For
senger closed at 1871 bid. For Railroad bonds the
inquiry limited, two lots only selling at 81
for Baltimore and Ohio 1855, and S3H for Northern
Central 1855.
In the miscellaneous list the only transaction was
sale of 1000 shares Pennsylvania Oil at IS cents
buyer 30
Money continues easy call at per cent, and
rstclass paper is very readily negotiated at sac per
cent. For lower grades rates range. however, from
10 to Is per cent.
The Farmers and Merchants National Bank of
Baltimore has declared dividend of per cent. for
the last six months out of the profits on the capital
stock. payable on aud after the 10th instant The
United States tax of per cent. will DO deducted
leaving S3O4 per share to be paid to the stockholders
The Marine Bank of Baltimore has declared a
dividend of per cent. for the six notwithstanding 9Th
instant United States and State taxes paid by the
Bank.
The foreign exports from the port of Baltimore for
the past week amount in value to $lS9SSl Included
in the exports IS 344 bushels corn $500 boxes
bread, 100 terces lard and 7O7 bales cotton.
The New York stock market exhibited great buoy
ancy at the opening this morning, and remained firm
with very few exceptions throughout Michigan
Southern, having exhausted public attention, was
handled to-day as mere toy, many of the sales on
thestreet being Enthusiastically "1Chie,uushed" Early
in the morning it freely offered at SO cash reg-
lar way. or.buyer g. while only S115 was bid; feeble
effort was made rally the stock at eleven o,clooh
and its nominal quotation was 49, later in the day
sales were reported at SUs@s1. No sooner was this
stock taken from the of speculation than
another was forced into its place. viz Grie in which
speculation revived with all its former intensity
Sales took place at the o'clock board of lots of
500 shares at 7434, which, however only affected its
price 4 per cent, after which, the efforts of the
bears to break the stock were entirely unavailipg
it being taken whenever offered bids were unscrupu-
lousy made and to such an extent that at $50 P
M. it was quoted at 7714@77z with the disposition to
buy largely preponderating.
Pittsburg has preser' I'd bold front again to-day
and has been well sustained against the attacks Of
the bears. Opening at 795. it closes at 1874 the only
variation in its price being at the halfpast two
Board. when it is quoted at 5lE. New York Central
and Hudson were each firm, with no new feature to
note. outside their sympathy with other stocks
Northwestern common steady at 26E while the
preferred stock somewhat luctuated; its early quo
taon was 544, after which it became in unusual de-
mand and at eleven o'clock sold at $50 it declined
Immediately after, and closes dull at $40. Canton
opened weak at 4612 but closed at 47l4-its quota
ton late last evening.
State bonds were irregular Tennessees were
quoted at eOR, decline of 4 since yesterday, but
Mlssourl's on the other hand firm at 723I Viz
ginia's exhibit slight improvement, small lots
changing hands at IS, while North Cardinals were
without change. Governments were firm Five.
Twenties selling at 104 at both Boards
The speculation in Gold is gradually diminishing
The fuctuation in the stock market lately has in.
duced this state of affairs in addition to the fact thai
selling gold short" involves probable expenditure
offs 3l6 2 cent. daily for borrowing while buying
gold on margin involves q cent. interest on its
greenback value 1t well for the country at large
that speculation in the STANDARD of value is subsdipg
and it would be still better were it entirely stopped
least, confined VII mi no
sdered necesstated by houses who do foreign trade
Gold opened at l2l and closed at l27I, after having
The money market presents no new feature. The
supply OF capital seems to increase with the increased
demand call loans are almost invariably quoted at
p cent: ~ o,,,,--,.., e..,, .,
The stock exchange was the scene Of unusual ex.
citement on Thursday, growing ont of the specua-
t t%e m Masra II appears that
of Messrs. Scott. Capron Co., two thousand shares
Of stock. which Sold it is stated for account OF
was demanded. and Messrs. Grosebecl i CO. mott
fed that, failing to deliver it, it would be bought
IN for their account under the rule. Mr.. Drew, on
the other hand. took another and different course
Instead ofpromptly responding to through
his broker as he never fails to insist shall DO done
when difference is due him, rcSorted to Judge
McCunn who granted tenn orary injunction against
Siessrsi scott Capron Co.. and the President of the
ro or either of them, restrained them
boafd me question was raised whether the stock
Soulu pe oo9eh1 under the rule, Injunction having
been served X; l.. Cutting, Esq President of the
Board then made statement that papers uurrortinp
to be junction mad been served upon Scott Canron
Co. but that ne hed an order to buy for roesbecL y
Co.. 1890 shares of Michigan Southern for his "cc03
which was done at $50 for the lot by leadiHe bon
in William street. who offered early in the A. to
supply Mr.. Drew with stock at fair price. The
of Messrs. Groesbeck Co. in this transaetion
was unanimously approved. The simple statement
that Mr. Drew. resorted to the Courts to escape n
dilemma in which he has so often placed his oppo-
nents. needs no comment; His profits in the past
which the Stock Exchange maintain to degree not
surpassed by any class of merchants in New York
The range of prices in this stock has been from l05
cash. down to S2A. cash, at p. NJ. The speculation
has inflicted serious losses upon the street. and clique
movements or conspiracies are not in favor.
24th ult United States Five Twentes quoted al
715sG7lH; Illinois Central 79l4@79sI At Liyerpool
cotton was dull and weak; Middlng Uplands quoted
about l94d. The London Times of Saturday, March
"A, remarks
The large increase of gold shown in the Bank of
France return tended TO strengthen the authorizations
of an early further increase of ease in the money
market on this side. and consols opened this mora
ing at a recovery of an eighth. Prices however
ere.nherently weak as ever, and fall soon IA Re
that kind of influence which is always observable
when war is apprehended, and which is usually
found to be much greater before than after the
At the same time the wild rush of the holders Of
finance and other shares to get rid of their property
at any price, evidently in total ignorance whether it il
sound or unsound, has assumed increased intensity
The discount market is without alteration. and the
actor.
NEW ORLEANS COTTON STATEMENT, March 81.
Stock on hand LIST September. 1865, bales". S3,2Ss
received to-uay ..;........................ 4,l9i
Received previously. Gil, ia
Total .....,....... ............. 7O4,55C
Cleared Today None