Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-03-29
WEDNESDAY. March Is. P. NJ


Cold oncned to-day at 1881, an advance Of q to !
= cont on tbe prices at the close yesterday, but ii
subsequently fell of again. and at the second Board
sales to the extent of about So, 00O were made NJ
l2I seller 80 nat and 2 seller fla, anu 1t closed
regular way at 1271& bid, 1Z74 asked.
Governments very strong under advices o. t.
further advance in the rates for Five-Twonties as
London and Frankfort and Fjve-Twentes both Of
the first and second issues sold at 10i, advance
since yesterday Of * to 4, and Seyen-Thirtios
brought 1907 for first and second series, and 100 for
third the market for them well as for Five-Iwon-
ties closing firm. Ten-Forties sold at 9l3s, an al
vance Of x = cent on the price Bill YESTERDAY.
State bonds were quiet. One or tro lots of Viz
giuia inscribed SIS sold at 4O 40, advance Of =
to q on yesterdays Price, but for other State bond
there was no inquiry. Baltimore City G's were firm,
1905 selling at $50 yesterdays price, and 1875
closing Mt 99l& bid, 100 asked
For Railroad shares the market was strong. i
small lot of Baltimore and Ohio sold at SIZE an
advance of q on the last sales. the market for 1t
closing at SIP bid, Sir4 asked, and notice sales
of 50 shares Northern Central SIS. City Passenger
closed at $751; bid, Sf9 asked. In bonds there was
no movement whatever. In Bank stocks there were
some further transactions to-day sales being made OF
10 shares Sank of Baltimore at $780, so shares Third
National at Sl0&4 and 80 shares Mechanics at S2l4
In the miscellaneous ':st the transactions com
buyer 80 and 100 shares Bare Hill Mining Company
at S105@1.lG. For Canton thesc some inquiry,
and it closed at SAT bid $4S asked.
The money market exhibits no new feature. Money
is abundant and easy on call al y cent, and first
class paper is very readily negoated at 500 = cent
For lower grades rates range, hovcy cr from 10 70 j
p cent. Tho demand for money is rot actNo ~"d
the supply is in excess of the demand.
The New York stock market was firm at the open
,b; hut sOoali n
business was done the street before boards Erie
was the most active stock and sold at S2. PitsbUrg
ana Michigan Southern were steady at Is advance
the former selling at 797a and the latter at S23s. Al
eleven o'clock the market was irregular, Michigan
Southern. Pittsburg and Northwestern preferred
were sparingiy dealt in, and exhibited no change
Cumberland and Fort Wayne each advanced Is, while
Erie and New York Central sold at slight decline
Inc transa lions ut ',r vn7 O'Clock Board wore not
numerous. The market showed SONG aigns of veal.
ness. and prices fell off from Is to q per cent. but at
the succeeding call Fort Wayne became in active
demand, and rose to e23s. Michigan Sou hern ad-
vanced to S23s. Pttsbdrg continued weak declining
to 1875, the other stocks were steady.
At $50 P. NJ. the date of our latest reports, Erie
which had shown unmistakabo signs of weakness
ever since the first Board was very heavily pressed
for sale, under which it assumed very panicy ap-
pearanee, and sold iow 1873, while the rest of
the market was shade lower than at o'clock
Michigan Southern being offered at S2}5. Pittshrs
sold at ~ and For; Wayne ~ 9@s Canton formed
the sole exception the decline during the day
opening at 4j3I it steadily advanced TO Gi3 at the
close The improvement in the price Of this stock is
owing to the belief that portion Of the Canton
Company's property would be leased by the Govern
ment, in the event of naval station being estab-
lished at Baltimore.
The public should carefully guard against forming
erroneous judgment from the decline in stocks
this afternoon. 1t is ascertainei that several comb
nations propose to sell portions of their securities
from time to time as opportunity may offer, and if
decline is thus occasioned to re buy at the lower
rates. Inasmuch they have sufficient stock to
control the market they freely their confidence
of success in their operations.
State Bonds again Speringly dealt in. Ten
nessee's arc without change Missouris improved 4,
and North Cardinals =. Virgnia's were weak at
6614, Il lower than on yesterday. Governments were
very furnishes OF 81 advanced ~ selling in the
afternoon at los. Five Twenties improved on Euro
pean advices selling at i0i for the old ISSUE and
104 for the new
Gold opened at l2I2s, soon after which it reached
1855. from which figure it fuctuated considerably
touching l273 in the afternoon. and closed at 1881
Borrowing still costs = per day.
The money market is without any new feature
Call loans are rather in demand but are easily
negotiated at 5@6 per cent.
Exchange is dull to-day usual on days of the
sailing of steamers for foreign ports. Bankers ster
ling, 60 days, is quoted nominally 1071a whiie short
bills average l09A. Francs, long date, 25@35 233.
The weekly statement of the Philadelphia Banks
made up to the Goth instant, presents the foowir e
aggregates as compared with those of the previous
week: