Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-05-10
WEDNESDAY, MAY 9th D M

The upward movement in gold continues and a fur
Their advance of e to u per cent. established in
it to-day. The sales, which reach about $4,000 in
extent were made at 12914@l29 regular way, l29
seller and 1881 seller 10 and 15 and it closed at 29
bid, 1891 asked regular way.
Governments active and the whole list was
firm at slight advance on yesterdays quotations
Skies of 1881 sold at 1927, advance of 4; Five
Twenties were "a better selling at 1925 Seven Thr-
ties brourht l02@102l, and closed at 1925 bid and
Territories sold at 953s, an advance offs.
Two three lots of Baltimore city 6s sold at 81 for
1855, and 994 @992 for 1905 but nothing was done
in State bonds; North Cardinals closed however at
SS3s bid. 1875 asked. and Tennessees at 90 bid az
asked
There was some further movement in Marietta and
Cincinnati Railroad bonds 81 600 of them being sold
at rs. advance of q q cent on yesterdays price
bat in other railroad bonds there was nothing done
In shares the transactions werevery limited the only
sale being one of 20 shares Baltimore and Ohio at
$l09. For Bank stocks there was little inouiry
and notice sales of 10 shares Bank of Baltimore ut
$l0s]4. and Is shares Union at S7lG72
In the miscellaneous list there was nothing done
except in Bare Hill mining, of which 9Osshares wero
sold at so cts. yesterdays price, Santa Clara closed
at S619 bid 50 asked Maryland Anthracite Coal at IS
bid. $40 asked, and National Express Company at
$l14 bid, $lM asked.
The New York stock market to-day has continued
past. New York Central sold at 90 during the morn
ing, and steadily advanced to 923 at the close. All
endeavors at selling Erie down to lower figures an
pear fruless Large amounts of the stock have been
offered on the street day. but its price has been
well sustained. and at five o'clock it was quoted at
1873. after opening at 49, Hudson River Railroad
was firm at 1927 during tho several Boards closing
at 1895. with feature TO note Reodi,o rr,s
in good demand in the afternoon, and advanced 70
1918. after selling at the o'clock Board at 1n;3<
Michigan Southern and Pittsburg each advanced
during the day under purchases supposed to be on
clique account. Fort Wayne was well sustained. and
advanced to 991l at the close. Quicksilver was verI
active. and sold high 564 at half-past two bu,
later in the day it declined to SOS Northwestern
was only steady at 29lz at the several Boards with
comparatively little doing. The preferred stock was
not sought after to any considerable extent remain
ing at 60A at the various Boards. Rock Island wax
the only Railroad security which gave evidence of
weakness and closes at $50, after selling at g6sS Mt
the morning Boards. Cumberland opened at As. do
cned to AZ at one o'clock and revived later in tie
day to IS. Canton declined in the afternoon to 5sL
having sold previously at 5S3S
The market has given no signs of weakness to-day
and the probability is, that the grand upward nova
ment has been inaugurated by the bulls" previous
to unloading their present burdens II looks unssfa
to sell short" just now, but inasmuch as the "bullsp
have had the market their own way for long time
IL ~ sale 10 presume that the day for the bears" is
not lar distant. 1t is quite certain that
paying securities will not pay carry any length of
time, and as soon figures are reached which will
admit OF getting out without loss, the opportunity
to realize will not be missed.
State bonds continue inactive; in fact public at
tention is altogether diverted from them There has
been no change in their quotations to-day except in
Mlssourrs. which are quoted at 49, an advance of
q on yesterdays rates. Governments were firm
flVetwenties advanced to 1925 Seyen-thirti sold
at 1925; Skies Of 81 are quoted at 100.
Gold was firm to-day, notwithstanding the arrival
three-quarters of million from Aspinwall. II
opened at 1885, and closed at 1294@l29L. The
money market presents no change; the amount of
capital Offering to borrowers is large and call loans
are easily effected at p cent
The New York Herald says:
Inc Treasury is preparing to lquidate the amount
OF Outstanding one year certificates of indebtedness
mas been instructed to receive and nav unmafnrnd
csrucates OF Indebtedness with accrued interest IN
the amount OF twenty millions if presented tn him
before the ist of June The total of these securities
the poicy of reducing their amount graduaIIv pooG
rs all such short dated obligations are sonrce Of
weakness FAX and embarrassment to the government.
Inc same paper says
The money market shows extreme eose OVID A.
surplus of unemployed capital is Increasing ovinc
70 the duIlness of business on the Stock Exchanec9
Call oans are made freely at 4@5 per cent the law
t .e p9lng manly applicable to Government securi
sSs; flrst-cass commercial paper is discounted Mt
oIgoI2 per cent, with exceptions at Z Foreion er
was urn, and the rates experienced further
tacllohai advance under moderately brisk demand
con .ne iinppiung interest and limited supply of
were quoted at lO91a@A; three days 1lOl%IG3T corn
ioiai' 4o'74glU9; francs at sixty days. 5l5a5 III