Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-02-21


The chief feature OF the Stock market here to-day
was the movements in Governments, in which quite
active business was done. The market for them
very strong, and both five-Twenties and Seven
Thirties were q TO u better than yesterday. The
market for the former opened with sale of lot Of
S25,Goo first issue at 1922, buyer 10 days. but the
sales regular way were at 1885, and they closed
strong at 1881 bid 1885 asked for all the issues.
lot of the first series of Seven-Thirtes sold at the
opening at 992i, but subsequently both first and
second series sold at 99, and at the close 99lI was
bid for first. second and third SERIES Nothing was
done in Skies of 1881 Ten-Forties. or Certificates.
Gold shows material variation in price since
yesterday, the sales being mostly at 1879. Only
or two sales were made at the first Board but at the
second there was considerable activity in it.
There was nothing done in State bonds but the
quotations show no material change in them since
yesterday. Baltimore City Us were better 1905 SELL
ing at l0, an advance of q per cent yesterday
closing prices. Nothing was done in Railroad Shares
and the only transaction in bonds sale of 81 900
Northern Central 1855 Sl34. Baltimore and Ohio
shares closed as on yesterday. at S11 bid Sll2 asked
but City Passenger was i lower. closing at Sta bid
and Central Ohio left off at SIS bid, against ST. bid on
yesterday
In the mining list there was some little movement,
1900 shares Bare Hill selling ut Sl0 and $50 shares
American Gas Coal at 60 cts.
There is no change to note in the condition of the
u
money, but the supply is ample and loans are easily
effected at previous quotations satisfactory securi
ties.
The New York stock market opened extremely
weak this morning. and prices were generally Il to -
q cent. lower than at the close last evening During
the first two calls prices continued to droop, but
one o'clock an effort made to sustain the market
and in instances stocks rallied to near their
prices before Boards the support proved insult
ncIevt nj fol off rul
ing still lower later in the day. At the close the de-
cline in New York Central, Erie, Reading and Fort
Wayne was in each instance II 2 cent since last
night, in PlJtSourg Oh MiOhison Southern 9lI Rock
Island ,. and Chicago and Northwestern Common
and Preferred, each, = cent.
The upward movement in stocks now appears to
have reached its eliminating point and there is lit
tie evidence of disposition towards recovery. The
bears having in most eases covered their short
tracts thus ceasng to be purchasers and the outside
spectators for rise being in great measure sata
ted the market this evening bears the aspect of ex
haustiOn rather than simple reaction taken place
The prices of the leading stocks much higher
than they a fortnight ago, and if the causes
which influenced them then continues at the present
moment the probable tendency of the market is still
downward
The transactions in Southern State bonds were few
Tennessee's early in the morning were quoted at
9l34-H z cent. decline from yesterdays rates. but
during the day they improved. and sales took place
at go. North Cardinals and Virginia's were ex-
remely weak the former selling at 81 and the latter
at 64-12 2 cent. lower than yesterday.
Government securities varied during the day. The
advices from Europe tended to improve them some
what, and FiveTwenties of 1864 were quoted at & =
cent better; later in the day, however, they fell Off
and the price in thea fternoon was 1885
Gold opened at 1861, and gradually TO 1917 at
the close. The demand to-day was created by the
h,,tkL H.
that it will be lower was evinced by offers being
made on 80 days sellers option at 135.
Money is in some demand, and the rate on all
classes of call loans among stock houses is z cent
The influx Of capital into the money market from
the payment of interest Seven Thrties Sufficient
time having elapsed for it to have come into Wall
street., has eXerted no influence whatever.
The New York bank statement shows decline OF
S3632 3 in legal tenders, and increase Of Sl05,
81 In in deposits. The oans specie and circulation
The following are the figures;
EsS sS SIS Fs S5s Is Inc s4,esso
SETeason 3 s3sI lsSzf Inc Inc.
Deposts..... 1SS'79l4 6S S9,a57'290 Dec, l075S25
The foreign exchange market at New York shows
increased strength. and leading bankers unwil-
ing to draw bills England under l0S14@}9. There
and there is much stronger disposition to buy than
to sell manifested. The news by the Europa report
further increase of G9l $50 in the bullion in the
Bank OF England, which is against the probability of
The weekly statement Of the Philadelphia Banks,
made up 10 the 18th inst presents the following aggre
gates compared with those of the previous week:
Feb; Y. Feb. 10.
Capital stock ....... 81 4,642,l50 $50 ...
Loans 472tS$S$ 1881 337 De. 2SS, 946
Due I'm other BKs s5656 a6 6S De- De- s i$s
Due to other Bks... 63i9,255 6,644,9H In @56S6
Deposits 81 46t070 33926542 De-. 537, 52S
Circulation. 7.Sl9599 7S4S002 In. 23,iO5
U. S. Legal Tender
Dem. notes.. 16,S52,737 l6,777,175 De-. 1852
The cincirrati Gazette of Wednesday p. NJ says:
There is no longer for complaint on the score
Of railroad freights Eatward. The Pennsylvania
Central knocked the rates to-day on fourth class
Even at this reduced figure there is very little to be
had The fact is the surplus produced in this market
Is held to supply the Southern demand, which is
proving much heavier than was anticipated, and
hence prices are nearly as high here in New York
This especially true regards hog products There
had at any price and the railroad companies are
having fair business in Westward freights, they
prefer to carry Eastward at low prices to hauling
empty
Baltimore Markets, February goth, 1885,
COFFEE.-There has been but little done to-day
in Coffee, the sales SO far as we have heard emhrac
ing only $50 bags Rio in lots from 1871 to 2lL cts
gold Inc MARKET although Quiets firm, especially for
as follows, viz Rio at 1S@19 "a cts gold for common
to fair 20292l cts gold for good to primes 2III61IiI
cts gold for choice Laguayra at 2l@23% cts poidz
and Java at 28@2SA cts gold. H'i1'
FL0UR.-We have to note a continued dull mar
ket for Flour. There is no demand except from the
Iaan do ca1n mad