Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-19
Prices Of stech< ana BONDS liz Few York
WEDNESDAY, ApriI IS. P. NJ.

Ohio and Miss. Cert. 25% 25s5 $685..
Zone of Market...........~Dun. Steady Steady
WEDNESDAY, April IS, P. NJ.
The most noticeable features of the Stock market
to-day were an advance in Gold and in all issues of
Government Securities. Gold improved % per cent.
selling at 1861 cash, and l26 seller Is and 90 days
and it closed strong at 1861 bid 1867 asked, regular
way There was considerable activity in it, the sales
summing up nearly $4,000.
The transactions in Governments chiefly in
Seven-T hrties. which sold to tho extent of nearly
$4,000 at 1O1@l0l. an advance of Il to p per cent.
They closed strong at 1919 bid, 1O119 asked for first
and second and l0 bid l0l4 sked for third series.
FiveTwenties improved Il tO4z. selling at 1917, and
closing at O bid for first and second. and 1917 bid
for third issue Ten Forties sold at 921 advance
of a. and closed 924 hid, 929 asked. For Skies of
1881, 1851 was bid, but no sales were made
State Bonds in some demand and Virginia
registered 6s sold at l2l4 cash. and advance Of u
North Carolina fell off however, a. selling at S3I.
For Missour 70 was bid; Tennessee's closed at 9OI5
bid, 81 asked and Virginia Coupons at 6713 bid, 50
asked. In Baltimore city 6's there some move
ment 1905 selling at97 1888 at 96 for the opening
and 1905 at 99l4.
We notice sale to-day of so shares Baltimore and
Ohio Railroad at Sl0913 dividend, which was the
only transaction in Railroad shares. Northern Cen
trail shares closed at Si434 bid Si52 asked, Central
Ohio at 2212 bid S25 asked. and City Passenger at
$751; bid. In Railroad Bonds we have only to note
sales Of $500 Northern Central 1855 at 81. Bank
Stocks continue in some demand sales being made of
20 shares National Exchange at S1GO1s, decline of
q yesterdays price, and Is shares Union at S75.
In the Miscellaneous list there was very little done
thesales comprising l00shares Santa Clara IS buyer
So 100 shares Baltimore Chrome at 60 cts further
decline of cts, and 500 shares American Gas Coal at
80 cts seller 80 decline since yesterday of cts
Money is very easy at e cent. On call and prime
paper passes readily the street at q cent There
is however. very little first class paper Offering on
the street. most of this description being taken by
the banks The supply of capital seeking investment
is large, and the money market shows every indca-
ton Of continued
The New York Stock market has not yet recovered
its tone, and there is a general lack of speculative
interest in most of the Railroad securities spas
modic effort made to advance Erie, which so far
succeeded that it sold at 75 during the first Board
after which 1t became weak, and gradually declined
to "a at the close. 1t is difficult to appreciate what
is the designs of the present manipuators of this
stock if it is to advance its price it viii be at very
considerable risk. New York Central was dull sell
ing at 93 at the several Boards. and closing at 49,
Hudson River Railroad improved during the after
noon to 100, but sales made at the one o'clock
board at l0S.
Michigan Southern and Pitsburg hang fire." the
outside operators display very little interest in them
at present, and present holders have to bear the bur
den of their stocks with u very feeble maSket for
them. Rock Island exhibited more strength at the
opening, and sold at 49, later in the day it declined
TO 11s34 and closes about llS3s. Fort Wayne was in
better demand to-day, and greater confidence was
felt in purchasing during the afternoon boards when
it quoted at 923s, an advance of per cent since
the opening. The Northwestern stocks were more
active, the common advanced to 271a, and the pre-
ferred sold as high as SIS, closing about 5719.
Canton firm during the afternoon at 81 al
though the transactions therein not large. 1t
seems hardly possible that the majority of holders
of this stock in New York can be acquainted with
the fact Of its value being less than S650 per
share. and that it is nop, and always has been, a
non-dividend paying security. Even the boldest
spectators scarcely be expected to pay for such
collateral at the rate of over 900 per cent which
is its quotation to-day. Portions of the Company's
property are being sold from time to time and part
of the purchase money has, in cases. to 60 for
current expenses. 1t is thought that the surplus
funds on hand will be applied to the redemption
of three four hundred shares of the stock but it
should be borne in mind that while the outstanding
stock is not decreased, and sales of parcels of their
land continued, the representative value of the
shares is diminishing. The late movement in the
stock is. therefore, entirely unwarranted and has
been undoubtedly inaugurated for the sole purpose
of Acknowledgement on the part of manipulators who
nave releu on It's price per snare 10 induce outside
purchases The stock has, perhaps. been bought un-
der the belief that its par value is 500 instead Of
abont S16.25. As an evidence of its being little
known among some operators in New York a gen
tleman some time since relating his good fortune
to friend one morning crossing the Brooklyn ferry
and said that he had made some money in conse-
quence of purchase of Canton. His friend asked
if that 'OH Stock" to which the Spectator
replied, mol believe 1t IS some railroad out West"
A,J hat
by others in addition to this individual speculator
The property of the Company has increased in value
without doubt but not in such ratio as its market
rate.
Governments were very firm. Five-Twenties ad-
vanced to lO415 and Seven-Thirties changed hands
at 10l.
Gold was extremely active during the day, and it
steadily advanced from 1869 to liza at the close,
and so great its scarcity. that 4 and even 5-16
was paid for use over night. Money was in more de-
mand. but the supply being abundant. the rate on
call loans still to per cent.
The New York EUening Post says:
The reduction of the rate of interest on the tenn
porhry deposits in the Treasury is regarded with
much SATISFACTION in financial circles and it is to be
desired that the same principle which has just been
Applied TO the bank deposits on Clearing House GER
all the temporary deposits, which on the list inst
ala ap 5 5ea TO more than II millions.
VII dre tb;a ysthe direct exports of cotton from
all the ports they will probably reach As 00 or "a nHd
bales-the heaviest for any single week since tbe
close Of the war Of the shipments from New York
Bremen and 4S5 to Havre. The weeks exeorts o 20
domestic produce and MISCELLANEOUS goods, have
been to the value of So 26 43l against same
week last year.
The National bank-note circulation issued last
week amounted to s., 2l $780, total amount thus far
issued. 1886 5Q43 i0 The total amount OF bonds now
held by The United States Treasurer in trust for cir
culaton Of National banks and for deposits in desig
mated Government repositories, is $3.50, 3S9. OO0
tria has made most unfavorable Impression com
mercial affairs throughout France 1t is refnaI ke
as a curious coincidence, that the cash in the Bank
of France is now 50S 0000y0f, nearly the amount it
reached under the Republic in lS4S in consequence
of the prolonged stagnation of trade.
Printing cloths, the Providence Journal Of 10th
instant says, are dull and declining. Printers will
are the sales: 1900 pieces 64x6i, l3A cts; $500 do
64x64 10 CTS 15OO do. 64x64 l2 cts 1000 do. 56x60
II etc Total 1000 pieceS