Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-01-26


ONO and Miss. Cert.....,: ..... ....,. $500.
Tone of Market......"...Heavy. Steady. Steady
THURSDAY, January 25-P NJ.
Gold was fraction lower to day, the sales, all of
which made at the first Board, being at 1897
regular way, and 139@lS9ll seller 10. There was
rather activity in it than yesterday the sales
amounting in the aggregate to little rising $4,000.
Governments were somewhat weaker, and the bust
ness in them very limited the sales embracing
only $1,000 FiyeTwenties second issue at l7s and
$500 Seven Thiries third series 9S7s. Five-Twen-
ties closed at 1929 bid, 1881 asked for first and lO17
bid l0Z asked for second issue, and Seven-Thrties
at SO bid 99Is asked for first and 9S4 bid 80 asked
for third SERIES 1881 bid for skies of 1881 SO for
Ten Forties, and 9S5s for Certificates
In Baltimore City 6s there was quite an active
movement, some $4,000 of them being sold at 1907
for 1875 and lO04@O0l& for 1905, the market for
them closing strong Railroad bonds were also in
qurcd for, but the only sale made was one of S. 600
Baltimore & Ohio 1855 at 9S. Railroad shares were
steady and firm, but nothing done in them. Bal
timore and Ohio closed at SIP bid. STA asked North
Central at SD bid 45l2 asked, Central Ohio at
SIG bid, and City Passenger at SlSl4 bid, an
advance of u. There was considerable done
in Bank stocks, sales being made of % shares
Mechanics, mt SIS, and Of 194 shares Bank of Com
at $3.50 which figure bid at the close for
more.
The miscellaneous list was almost entirely neglect
Cd, the business in il being confined to $50 shares
Maryland Copper at IS cts decline of cts on the
last sale. Nearly all the stocks in this list were heavy
and lower.
There was nothing new to note in the condition Of
the money market here. The supply of capital is
abundant, and the demand for loans limited But
little paper is Offering and prime is easily placed at
8per cent. Call loans are making at per cent and
in some at a lower figure.
The New Y or stock market this morning fell from
II 4 Z
after to So !; with the whole list similarly affected
The bears appearto have the market in their
own hands and continue TO put out stocks sellers
option pretty freely The everiSh excitement caused
by the uncertainty to what financial measures are
about to be adopted by Congress give panicy tone
to the market generally, which is increased not only
by the bear element but by the fact that there have
been large quantities of stocks held during the late
excessively easy rates for borrowing money, which
have, in many nstanceS,b een forced upon the market
Fort Wayne is said to be largely oversold but at
present there seem no indications of a corner. Other
stocks also said TO be in the same category with
like appearances. With an easy money market and
large decline in prices, cliques are often formed
TO sustain individual stocks; which must, however,
be regarded as the exception and not the rule Dur
ing the day the bulls made strong efforts 10 rally the
market and with the assistance of the bears covering
their shorts barely succeeded in sustaining prices at
the decline. Fort Wayne fell to 93l4-34 per cent
below opening rates. North Western preferred to
$40 against So in the morning. Five-Twenties sold
at 1865 lower than yesterday. Gold rose from 1897
to 1895, in cOnsequcnccof large amounts being held
awaiting the possibility of an increase in tho rate of
discount at the Bank of England. Money was easy at
the average ruling rates of yesterday
The New York exports. exclusive of specie for the
week ending January %, and since the beginning
of the year, compare as follows:
fS S5 tns psSs i55555 s? 555 555
SINCE January J.. ,S72622l8 ss,566,S49 Sl8,955536
The imports for the week compare as follows;
3 3sS %sssbsaa:, s i555 55 ss s5 IS
Total for the week s22aos4o s2gss,5l5 s645o9s8
Prev. reported.."... 5,i3l,55i 2,032S2l 6S6718S
Since January lst. s7Si2,89i 1859 1856 S133l7S71
The returns of the Bank of England for the week
ending Jan compare with the statement of the
previous week as follows
government deposts,..,,."~f s544$43 { 7.579437
G Govern aGe0ilts lg a sS6 5
other Securltles............. 22607, 3l4 247316s7
Notes unemployed. 6,S77,S4O 5253,246
Notes In circulation. 2046 ,S35 2l776 435
Specie and bullion............ l3403102 l3lO6ls3
The return of the Bank of France for the week
ending January shows the following changes as
compared with the previous account :-Increase-
Commercial bills, 100000 advances, 100000O notes,
V,W0,VV0 current accounts, 100000. Decrease
Cash, 22,OV0,OOO; treasury balance, 100000.
American securities were quoted in London on the
9Th inst. follows:
United States $40 yrs, 1882, p. 64o 643
Virginia { As a 50
atlantic Great Western, n Y Sec ist ~ . Il
Do; Pennsylvania, ID mort, iSS2. 3 q g
Erie shares, 500 (al paid) 4 ct........ Sc a S.
Illinois Central = ct, 1875 so n so
do. 500 shares iaii paid j CT 9 ~ "a "a IL
Marietta 4 Cincin. r. r. Ids, p. c.. - IA ~
Panama r. r., ID mort. 1872. : p. c.....l0l @l033
Pennsylvania Railroad bonds I'd mort V'
b E ct conYertlble....... ................ 81 a. ST
30
Philadelphia Erie. LIST mort. 1881, pc Il a Is
Neil Brothers Co, cotton trade under date of
10Th January, say: In our circular of Goth Noyem-
per- we showed that the receipts at all ports, from
the Ist OF May till date, summed up 100000 bales
and we estimated the quantity remaining in the in
terror ut 100000 bales Since the date the receipts
have amounted to $4,000 bales IAN average of 65 66
weeklyD making the total down to the latest dates
we have from each point 1,55 900 bales and leaving
ply. about 575 600 bales still to come forward fTRn
following details are given for the 18th January
Before Since Total
list Sept. LIST Sept. to date
\. and s. Carolina...~ 25.S29 $4,000 $3.50
Georgia and Florida 24,340 $4,000 17634O
Hoole .;..."......,..."... l0,30O 24SO0O 323. 800
rev Orieans"......". 1881 $4,000 563.35O
Memphis. Nashville lS'Sl' 9SoOo ll2,slS
New York, and all
Of which---Received
at New Ork ....... - 32I 81 ono 1so 90,
Of which-Estimated ~ i''''-l
at other points,. ...... Inn mn
4l5,95s 100000 l,524,95s
They proceed to explain that the compla;nts tbot
their certain recent published circulars and privaa
advices did not is explaine BY the statamen.
that the published circular referred only this sea