Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-02-10

The stock market continues excessively dull The
few sales making at the Board for permanent or
temporary investment. there being no speculative
demand whatever for the stocks of this market.
little that it may be called none. The stock market
is, however. but sample of others, other descrp-
tons of business being almost equally dull.
At the first Board to-day, gold was 4 a cent better
than yesterday, selling at 40, but at the second
Board it sold at 1899, and closed at l391a bid 1880
asked. The business in it was limited, the sales
amounting altogether. to less than $4,000. Govern
ments were slightly weaker, Five-Twenties and
Seven-Thirties each showing decline of *. Five
Twenties sold at l03 for first issue. and 1925 for third
and SevenThirtes at 993s for third SERIES nothing
being done in first second SERIES All issues of Gov
ernments closed steady at 4 to Il under the closing
figures of yesterday.
In State stocks there nothing whatever DONE
but Maryland 6s closed at 100 bid for lS7Os and 1O1
bid for 1905: Virginia's at 81 bid MiSsours at ~
bid; and North Cardinals at 32l@ bid. For Baltimore
City 6s there some little inquiry, and small
lot of 1905 sold at 1907. There was also some de-
nand for Railroad bonds and few lots were sold at
81 for Northwestern Virginia first mortgage; 81 for
Northern Central 1855; and S2a for Marietta and
Cincinnati bonds. Railway shares were also in
quired for but the only sale one of 100 City Pas
senger at $751; buyer 80 days. Baltimore and Ohio
closed at $ll215 bid Sll3 asked. and Northern Cen
trail at S43 bid S4414 asked. For Washington Branch
1927 was bid
In the miscellaneous list the business was insignif-
cant. and for the Mining stocks the market was
heavy. Sales made of 1000 shares at Baltimore
Chrome at 50@55 cts and of 500 shares Pennsylvania
Oil at 6O@6l cts, which comprises all the transactions
in this list
Money continues abundant. and in limited de-
mand, and the loan market is consequently easy
There is but little paper offering the street, and
first class is readily placed at per cent but for
known at O 70 Ono
cent Call loans are per cent. but there is much
larger amount of money offering on call than there
is demand for.
The foreign exports from the port of Baltimore this
week amount in value to $269, $50. Included in the
exports are 7,l2O bbls -four 800 bbs corn meal $50
bbls pork OI hhds tobacco. q, 89 bushels corn and
10000 gallons refined petroleum. The value of the
foreign imports at this port this week is S7OS0O.
The street prices of stocks in New York this morn
ing were much the same those of last evening At
the 10 O'Clock Board the market was exceedingly
dull, but Erie was firm, notwithstanding decline in
quotations received from Europe yesterday At the
first regular Board however it was pressed on the
market beyond the amounts for which bids were
made, and this the signal for a general decline
the whole market giving way, Fort Wayne selling as
low as $93. Reading at this time was moderately
hrm and the recent large sales sellers option hay
ing been readily taken seemed to favor continuance
of this frmness, but the bears at last gaining the
ascendency at the 10 o'clock Board it fell to $685.
The rest of the market extremely dull and ire
GUAR but later IN the afternoon prices somewhat
vived and at the close the market was steady
Pittsburg received particular attention to-day and
considerable transactions made i'll the stock but
it partook of the general decline and at tho close
was quoted at $79A against $500 in the morning
Rock Island, the bids for which were numerous
opened at 5000 and advanced to Sl0ll4 during the
afternoon. Canton also was strong rising from $i32
to 1875 at the close, with but little doing,
Gold opened at li013 and gradually fell off during
the day to 1899. Its scarcity still continues and in
fact has every appearance of continuing for some
time, the gold in the market being steadily reduced
from day to day and none forthcoming from the
Treasury. Money is without change Five per cent.
is the nominal rate for borrowing the general dull
rate.
The New York Herald says
Foreign exchange is shade frmer. but the supply
OF Southern cotton bills continues in excess of the
demand. Bankers bills on England at sixty days
are quoted at 712GA. The decline of ID per H. in
Liverpool had tendency to strengthen the rates as
well as the gold premium as it will operate both to
check shipments and reduce the amount of exchange
per bale on that shipped.
The same paper also says:
The financial news by the Persia had reassuring
effect. The further increase of $50 900 in the bullion
IN the Bank of England foreshadOws speedy reduc-
ton IN the rate of discount. Saterthwaites circular
New ork, but with the stock at 551ag34 in London
and q here, it would pay about per cent profit to
ship it from this side. On the 18th ult., FiveTwen-
ties quoted in London at 66@15, Illinois Central
1904.
American securities were quoted in London. on the