Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-02-24
FRIDAY. Feb. 23d. P. M.

Inc stock market was moderately active to-day,
the business being however mostly confined to divi-
dend stocks, which were generally steady and firm.
Gold sold at the first Board at 1371I913734 but fell
off at the second closing without sales at 1917 bid
1917 asked.
Governments were steady, Five-Twenties selling at
1881 for first and second issues and Seven Thirties
at 99 for first second SERIES but the market for
them was not active the sales adding up only about
$4,000.
There was nothing done in State bonds but 100 was
bid for Maryland 1870 S. 49, for Virginia inscribed
bonds, II for Missouri's, and 80 for Tennessee's
North Cardinals very heavy, closing at only rs
bid, although none were offered under Is. Baltimore
City 6's were strong again. some 5000 1905 selling
at l00%910l, closing at the latter figure.
Baltimore and Ohio Railroad shares were quite
active to-day, and x higher than on Wednesday, 90
shares selling at SIP. They closed strong at S1l13I
bid, SIP asked. For Northern Central shares $40
was bid, and Si5 asked, Central Ohio closed at SIS
bid $50 asked, and City Passenger at SIX bid, $751;
asked. Railroad bonds were quiet. the sales en-
bracing only $1,000 Northwestern Virginia first
mortgage at W.. and 81 900 Marietta and Cincinnati
bonds at 81. Bank stocks were in demand. and we
note sales ofSl shares Union at $751; decline of d
dollar on the last previous sales, and $50 shares
Franklin at $l215.
In the miscellaneous list the transactions were
limited We note a sale of 100 shares Maryland An
thracte Coal Co. at SIG buyer 80 and there were also
sales OF 1000 shares Bare Hill Mining Co. at TO-
and 500 shares Baltimore Chrome Co. at 50 cts
The foreign exports from the port of Baltimore this
week amount in value to SS4, 536. Included in the
exports were 1906 bbls -four; 800 bbs. corn meal;
$500 gallons refined petroleum, and 2S 53l gallons
benzine.
The tone of the New York stock market this morn
ing, Notwithstanding the slight advance in prices,
was more of a aegaire than positiue character and
resulted not much from the prevalence of bids as
the comparatively small amount of stocks Offering
AT the first calls prices mostly q = cent better
than on Wednesday evening" still the street lacked
that activity which has been so observable of late.
Towards one o'clock the disposition to sell became
very perceptible the market grew weak, and prices
declined from q to g 2 cent After bank hours prices
became steadier. but at half-past three were very
irregular, New York Central and Reading selling "A
cent above their quotations at half-pas two while
Fort Wayne, Pittsburg and Chicago and North Vest
ern Preferred ruled at Is below. Hudson RiverR. R.
amidst the fluctuations of the market was remark
ably steady all through the day at O3 but the trans
actions in the stock by no means large little in
terest being exhibited The very latest REPORTS from
Wall street, however, show marked decline. vary
ing from a to q cent, Erie being quoted at 1914
New York Central at 90>s, Reading at 995 Michigan
southern at 6S1s. and Pttsburg at 1875 with very
unsettled feeling existing on the street.
The tendency of the Stock market to- day has been
downward and the stringency of the Money market
has perhaps accelerated the decline The amount of
legal tenders absorbed by late purchases of gold tell
visiby the loanable resources of the banks. and
not only have they invariably advanced their rates
of interest to per cent, but in many cases have
been obliged to call in their loans. This will I'M
doubtedy necessitate the conversion of many collat
erals into current funds, the consequence of which
will be an inevitable diminution in their value.
Southern bonds were extremely weak and partook
OF the general tendency of the Stock market Thesu
gestion of reputation by the State of North Caro-
lima, notwithstanding the improbability of such
measure being countenanced, has had disastrous
effect upon the price of its bonds which were ouoted
early at e. and later in the day some sales werenade
at 70. decline of AZ per cent since Wednesday
Tennessees were in no demand, and are quoted at
VIA. Missouris were comparatively steady. selling.
freely at 1875
Government securities were less firm, parcy owing
to the influence of political news and 52Os of 1864
sold at l0234-A per cent lower than on Wednesday.
Gold opened at 1875, and under further sales sup
posed to be on Government account it gradually de-
clined at the close to 1865 to o. The scarcity has
entirely subsded, and lenders of Gold to-day were
perfectly willing to take interest on the currency
value.
The New York Herald saws:
judging from the opening debate on the new FL
I'M III Ine mouse OF Representatives Wednes-
day, 1t is not likely to pass without further amend
menIthe particular objection urged against it being
me foreign loan clause: Mr., Thad Stevens and Mr.
heley lot PENNSYLVANIA took strong ground against
Ine Dill the further consideration of which Is set
doWn tor Wednesday next 1t not improbable that
political hostility to the President will just now seal
the fate of bill the passage of which was at fhe hest
doubtful. 1 " ''' "' 'iio oe''
American securities were quoted in London, on the
9th ult., as follows:
2-?U yrs 1852, Q 674
Atlantic and Great Western, consolidated,
Erie shares, 500 al paid, c.551g 5 s.
r,Ipo convertible bonds, p c..............75 a n
illinois Central, 500 shares (alI paid, 10
Pemnsylvania r bonds, $50 sharesS5 "a 81
says ~ " ' Jun
Al. The Bank return this morning, showing that al
tnouSh the eight q cent rate has now been in opera
G4h LOT more than five weeks it has not yet checked
or % Inc adverse tendency of the foreign exchanges
t se Holae demand for coin, caused the stock mar
a en morning to open with considerable increase
coveEy was oi'iAna'eS ho re-