Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-28
TuESnAY. March Up. NJ.

Gold took sharp upward turn to-day, selling from
1855 up 1273 being advance since yesterday Of
~ per cent, but Governments were steady and firm
notwithstanding the advance in the premium on
gold, Fve-Twenties selling at 1O32z@1037s. and Sew
en-Thirties at lOO@loC15. The business in Govern
ments was small but the transactions in Gold were
large, the sales footing up about $751; ,0O0.
In State bonds the only transaction a sale Of
$4,000 registered Virginia 6s at 40; 70 bid and IS
asked for Mssouris SO was bid for North Carolinas
and So for Tennessee's Baltimore city SIS were firm
1905 selling at 995, and closing at this figure bid
In Railroad shares and bonds there was no move
ment whatever, but bonds were steady and shares
firm. Baltimore and Ohio shares closing at Sl1l15
bid $11415 asked. fgorthcrn Central at s44 bid. $45
asked, and City Passenger at $l814 bid There was
some little movement in Bank stocks, q few lots
selling at 500 for Merchants, 06 for Bank Of Bal
timorc, S27 for Bank of Commerce, and $l21S for
Franklin.
In the miscellaneous list nothing vas done except
in Bare Hill Mining Company. 100 shares of which
sold at the first Board at Sl0 and 500 shares at the
second at 81 05.
Money continues abundant and very easy On cali
at = cent. the supply being in excess of the de-
mand First-cass paper passes at S@9 cent. but for
lower grades rates range from 10 to Is u cent
The stock market in New York firm at the
opening this morning, and continued to retain its
strength throughout the eleven o'clock call, when
Erie sold at S2A with considerable demand on the
part of its manipuators. Reading well sustained
and sold at l02 while other stocks also exhibited
advance of x to 4 p cent. AT one o'clock, Hudson
Rock Island, Fort Wayne and Canton were the only
stocks which remained steady, there being gradual
break Off in other securities. At half vast two there
less disposition to buy and the market continued
irregular. At i've O'Clock stocks were also unsteady
Erie being quoted at S17E New York Central 92255
Reading 10l; Pittsburg 79a4. and Fort Wayne 92H.
Michigan Southern became conspicuous in the ar
ternoon On the rumors of consolidation with the
Cleveland and Toledo Railroad, and after being Sl5i
at three O'clock it advanced to SD 1921 at the close
In connection with this stock, it is expected in
quarters that a report will be made in few days
showing or 10 q cent. net earnings. 1t is worthy of
notice that its receipts for the third week in March
show an increase of about 5000. Northwestern Pre-
ferred was literally purchased to-day, ana its excep-
tional strength gives rise to the expectation of even
higher figures for the stock Opening at S. it stead
lily advanced to 563Sa561z at the close. Pittsburg
comparatively qujescent during the day. Its
early price 1873 and at FIVE o'clock it was quoted
at 1871, with little fuctuaton in accordance with the
general market during the day.
The seadineSs of stocks during the past two days
is exceedingly striking when compared with the late
vivid fluctuations in prices and while the bulls have
the market much under their control, lower prices
cannot be looked for and far from the cliques dis
posing Of their stocks still further purchases have
been talked Of
Southern bonds inactive, Tennessee's declined
to 80, AMI Virginia's weak at 81. Missouri's
more inquired for, and sold at 721a: North Car
olina's were extremely dull. small lots changing
hands at $50. Government bonds were irregular.
Skies of 1881 1855 at both Boards, while Five
Twenties after being 1895 in the morning declined
1O334 in the afternoon Thirties were steady
at 1908.
Gold opened at 1858 and advanced under large
purchases to cover shorts, to 1885 at oclock af
ter which slight reaction took place. and at the
close was quoted at 1277s@12S. 1t was unusually
to-day. and q r cent. wasthe ruling rate for
use.
Money continues very abundant, lenders have diff
fculty in getting over q cent. on ordinary cola
terials. Foreign exchange is in no great demand
the prevailing rate for prime bankers sterling is 1925
9l07I, and for francs, long date, 5.25@5. 2315.
The following:shows the condition of the New Yo1k
City banks:
Loan, MsFS9 II Ma MaF s5o 81 A. 5000
Sssaafon sS53 3ss s5 Bee Bee G S2
Legal Tenders S. 4O2,764 69496.O33 Inc. LOSSES
The Times says
=, The Currency Deposits on the Bank return gain
$l599.l29 since last Monday; the Snecie Deposits
gain $9S3, l40 and Legal Tender Notes $l,O9}2 $50
The Treasury Office took in during the week, in
Gold, S2334,50T from Customs more than it paid out
on Gold Interest. In the last fortnight the Gold
balances in the Treasury have run up nearly five
,nlllons of which S2,6l66S6 appears to come out Of
the Banks, ana the remainder from California and
the outside public.
The Treasurer of North Carolina announces that
he IS prepared to sell for not less than par bonds Of
that State running thirty.four years. with coupons
bearing six per cent interest payable semi-annualy
Of the denominations of 800. $500 and 81 600, prin
cpal and interest untaxable for the purpose of pay
ing coupons now due and to become due in 1866 and
also bonds due and to fall due the current year.
Inasmuch as North Carolina per cent bonds are
dull at S3@S34 in the market now. we think it
doubtful if the Treasurerssucceeds in dsposng ofhis
bonds at par.
The Cincinnati Price Current of the 2lst inst gives
the annual statement of the pork-packing in the
West The total number of hogs packed during the
past season amounts to 16S3474, against 2,45l 619
paeksed the previous season, showing falling off Of
!6S,l45 hogs. The average weight. however shows an
increase of 81 II TBS hog. which reduces the fall
ing off weight considered, to 909 hogs. The yield
OF lard tb rs past also greater than that
OF 1876.