Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-01
,r,ces of s.ecks ana Bonds In New York
BY TELEGRAPH.
Furnished By leonard !. Tourney e Co.. Sock and Rii
Brokers'. No. p South Street.
WEDNESDAY, Feb. %. p. NJ

Alton and Terre Haute... 81 80.
Zone OF Market.......~Steady. Steady. Heavy.
WEDNESDAY. Feb. %. p. NJ.
Business was moro active at the Stock Boark to-
day than for several days past and for the leadngSe
curities the market was steady and firm. Gold was
steady at 49, the sales, which up about $4,000
being all at this figure. The transactions re-
ported were all at the first Board, no sales being
made st the second.
Governments were more active than for some days
post and Seven Thrties were Is better than on yes
.erday second series selling to the extent Of some
$4,000 at 9925. Five Twentes, first ISSUE sold at
l03 and for second AM third issues 1929 bid A
lot of 81 900 Ten Forties sold at o. For Certificates
9S1l was bid: and Skies of 1881 closed at 1881 bid,
los asked
We notice sales to-day of 5000 North Carolina Gs
at ~, which is improvement of 215 per cent.
the price bid for them for two three days past and
they closed at III bid, 7S1@ asked Nothing done
in other State bonds but AZ was bid for Virginia in
scrbed IS: 76H for Missours and 50 for Tennesees.
Baltimore city SIS sold at 1907 for 1885, and 100 for
1905
Baltimore and Ohio Railroad declined 4 a dollar.
100 shares selling at SILL Northern Central was
however slightly better, 43 being bid for it, adj
vance of T. but City Passenger closed yester-
day at SlTI bid SlSl4 asked. The only transactions
in Railroad bonds sale of $1,000 Northwestern
Virginia. second mortgage, endorsed by Baltimore
and Ohio Railroad, at 90. One or two lots of Bank
stocks sold at Sl07 for Bank of Baltimore, and SI2R
for Union, and we notice sale of 900 shares How
ard Fire Insurance Company at $50
In the Mining and Oil Stocks there was some actiy
ity to-day, the most active among them being At
Iantic Coal of which $500 shares sold at
95 cts ard 81. Bare Hill sold at 81. and subsequent
ly at 95 cts. Baltimore Chrome at 50 cts. Pennsyi-
yana Oil at S0@55 cts and Laurel Camel Coal at 81.
Money is very easy call where the securities are
satisfactory and although there is large amount Of
paper offering the street. hrst class signatures are
placed without much difficulty at S@9 z cent. Sec
ond class paper is however GiNcult OF sale.
The aspect of the New York sock market before
Boards this morning was 6ulish. speculation again
leaning towards Erie and New York Central, which
continued to galvanize the rest of the market -
the first cali Erie sold high S53s and New YORK
Central at 90. The profits shown by the advance IN
Erie however proved too tempting not to be take2
advantage of by many holders, and the consequences
was that large quantities thrown the market
and at eleven o'clock it declined to $685. and shortly
afterwards PittsbErg, Fort Wayne. Chicago and
Northwestern followed in the same category. There
was less activity at the afternoon Boards. though but
little variation in prices took place at the haifp2st
one o'clock call. The bull interest waning later in
the day, prices exhibited general decline, towards
four o'clock Erie being quoted at s. and New York
Central at 9l54, with the whole market weak. but at
ter five O'Clock Erie rallied 10 $50, which seemed
to steady other stocks on the list
Reviewing the stock market to day itWoIld almost
appear that the adverse opinion to the continued
dividend paying capacity of many Of our railroGas.
is once more gaining ground. The market does moi
look healthy for it requires strenuous exertion to
keep prices evenly balanced, and there are large
numbers Of operators on Wall street who be-
gin to think that stocks go but very little
higher The beaF. interest in Reading very per
ceptible as also in Ptsburg, each of these stocks
declining pei under its influence and although
another scarcity in Erie may become contingent on
the late large purchases ana thus keep up its price,
it is very questionable if the strength Of this stock
can for protracted period buoy up tn whole market
In Virginia bonds nothing was DONE and Missouri's
remain without change at IT. Tennessee skies
in good demand to-day, and their price advanced to
9212-A per cent. above yesterdays rate. It is be-
coming generally understood that the payment of the
interest all the bonds of this State will be resumed
on the LIST OF next july and the five
which will be funded into new per cent bonds due
in 1892 Holders generally satisfied with this ar
rangement and hence the advance. North Cardinals
formed no insignificant feature of the day. Conf
dence in them seems entirely restored, and they sold
at ST. an Improvement of per cent. since yesterday
Large amounts were offered for SALE but the demand
more than proportion ate, by the results
Government bonds steady with no particular
feature to note 520s of "a remain unchanged at 1929
and otherssues in like manner.
Gold opened at 1865 and after advancing to 49, it
reeeded at the close to its opening rate, with COM
paratively small business. The stringency in the
money market to-day somewhat abated, and in some
instances loans were effected at per cent although
those outstanding at remain mostly undisturbed.
The New York Tribune says:
1t is stated that the delay in the loan bill will re-
suit in the passage of an act satisfactory to the Sec
rotary of the Treasury with the exception perhaps
of the foreign loan clause.
The Herald says:
The bank committee appointed to proceed to
Washington for the purpose of comforting with the
Secretary of thu Treasury and Mr.. Spinner relative
to the tax on deposits have returned from their mis-
sion, the result of which was satisfactory. The ay
deposits of the BANKS are 10 be taxed alter the
amount of checks drawn aga INST accounts each day
is deducted. The gross deposl.s Will be returned,
and separate account of the u7collected checks
This adjusts this vexed question on an e. ''lta5l
basis and more in accordance with the spirit !ne
law than at first proposed.
The weeks exports from the port of New York OF
domestic produce and miscellaneous goods have been
to the currency value of S. 05l against $29l9574
same week last year Included in the weeks exports
have been STU bales of cotton, valued at S14S725
The total value Of imports at Boston for two weeks
ending February %, was ST. 423 755 against S5405l5
during the corresponding time in 1868. Total since
January / SAN 1884,. Average amount per week,
the week ending February g including specie. was
S4S S99 against $28OO5S for the corresponding week
in 1865.
1t is reported that the Western Union and United
States Telegraph lines have been consolidated, thus
making only one Company with their lines running
to all parts of the West and through to San Fran
cisco. This will account for the sudden rise in the
Western Union Telegraph line stock.
The London Times of the 18th instant says, at the
present rate of exchange at New York on London
there is no profit the importation of gold from the
United States.
The European money markets at latest dates con-
tinued to show comparative ease, the rates at the
PRINCIPAL cities being average three per cent.
below the London minimum. At Paris, Brussels nd
frankfort the charge Of the banks Q cent, but
in each case in the open market transactions could
be negotiated at ~ q cent At Hamburg the rate
was only 81. At Amsterdam it was 62.
baltimore Markets, February 2Sth, 1866.