Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-05-30
BY TELEGRAPH
f4,~:shed By Leonard J. Tormey e Co.. Soc& and BIZ
Brokers' No. % South Street..
TUESDAY. May %, P. NJ.

TUESDAY, May "a L. M.
There was quite active movement to-day IN
Government Securities the sales of the various issues
reaching nearly $f0,OO1. FiyeTwenties were Is to
a, and Seven-Thirties q TO Z better than on yes
terday the former selling at l021s@l02lz, and the
latter at 1O2ll910219. Ten-Forties brought Sc, an
advance of "a since yesterday and for skies of 1881
1885 was bid, which is material advance. The
whole list closed strong.
Gold sold at about the same figures aa at the Sc
cond Board on yesterday, but the marke: first was
comparatively inactive the sales at both Boards
summing less than $4,000. The sales were made
from 1928 to 1879 and it closed at 1878 bid, 1917
asked.
In State bonds there was no movement, and the
only sale of Baltimore city 6s was of a small lot
of 1905 at 994. For Missouri IS 1874 was bid, and
South Carona's closed at 1924 bid S38 asked. There
was some inquiry for Railroad bonds and we NOTICE
sales Of Northwestern Va. first mortgage at o. Balti
more and Ohio 1855 at %. and Northern Central
1855 at S43l but nothing was done in Railroad
shares; SlCSH was bid and SlOSl@ asked for Balti-
and Ohio, and City Passenger closed at SIS bid,
$lSA asked.
We notice sales to-day OF 200 shares Canton at $780,
but for the mining stocks the market was dull and
heavy. Sales were made of 500 shares Baltimore
Chrome at 30 cts, decline of cts since yesterday;
5OOshares Bare Hill at so cts. and 100 shares Atlantic
Coal at 95 cts. Maryland Anthracite Coal closed at
Sli2 Dld, 900 asked, ana Tor Baltimore and Juba
Smelling and Mining S65 was bid, and $50 asked.
Money may be quoted easy at 6 per cent. On call.
The New York stock market has been active TO-
day. but The prevailing tendency of the most Specu-
lative securities has been toward a decline. Erie
has been again conspicuous from the large number
of transactions which took place therein. Ii opened
weak at COZ and declined TO COZ at the 10 O'Clock
call, but sold on the street Immediately afterwards
at 6lA. 1t. however, soon receded and gradually
O'Clock CALL from which point it improved later in
the day. andat the close quoted at59 Tho general
rumor to-day.is that the Company has sold probably
sufficient stock to clear off their whole floating debt
estimated at between three and four millions. The
sale of so large an amount of stock, however, could
only be judicouSlV effected, on behalf of the Com
pany, by one OF two persons Wall street, as it
would be necessary for the seller to maintain it's
price by borrowing for delivery until he had at
least, finished selling for the Company; and as such
large sales Of new stock would offer unusual induce
ments for speculative selling iadioidal account
the agent would naturally delay deliveries of fresh
stock until he had most of his own sales arranged
for. This may probably account for the continued
rumors to-day of an over issue Of the stock, which
is regarded by the leading houses as almost imposs
BILE. Erie, imported from England, would cost Pa
% landed in New Y ork European holders are ac-
customed to see the expense of new permanent con-
continent such is not the case.
Pittsburg again conspicuous feature of the
day. 1t opened at par. from which point it RAPIDLY
declined during the day. closing on the street at So
This stock has varied a cent. since Saturday morn.
ing and it is not at all certain that the clique are yet
done with it, in fact it is imagined they ara only tenn
porarily letting out their stock in order to obtain
still larger short interest.
Hudson River Railroad wasfirm during the morn
az l
Fort Wayne begins to look as if it was undergoing
manipulation. it opened at 9734, advanced to 9SI%
at the eleven O'Clock CALL and remained steady dur
ing the afternoon, closing at 9S35@9S1% The North
western stock gradually declined during the day. the
common closing at 273s and the Preferred at 81
Other railroad securities were comparatively weak
with the exception of New York Central which sold
at 81 towards five o'clock.
Quicksilver fuctuated considerably. 1t opened at
So. and rapidly declined to so at the two o'clock
Board, after which it reacted, and was quoted late
at 523f.
State Bonds were not in demand to-day. Tennes-
sees sold to limited extent at 9O1@; Missouri's re-
main at II, and North Cardinals were nOmipaly 81
Gold has been somewhat weak to-day, and closes
at Isl. after selling early in the morning at 1371s,
and advancing towards midday to 1881.
Governments were firm and in good demand. Five
Twenties of 1854 advanced to 1921 Ten-Forties
cuanBeu 1anQS at 20, and Skies OF 1881 ted
at 1897:
The money market shows increasing ease. call
loans being of negotiation at per cent on Gov
eminent collateras. The variation in stocks causes
many lenders to ask per cent. however on specula
tive securities, even with large margin.
The New York bank statement, the Euening Post
says. is less favorable than anticipated The sale
ofthiry millions of government gold has caused an
increase of the specie of the banks to the
tent OF more than six millions. The deposits have
correspondingly declined nearly eight and onehal
Twelve millions and the leans have increased more
than two millions. The following are the figures:
May 49, May IS.
Loans...."S22556904 63 S257 960593 Inc 50 27a 13o
SSpecie..... 1S,595.iG5 1876 iO2 Inc 4, 46i
Circulation. 25,lS96S4 26225, S67 Inc. In34663
Deposits 49,. 2l7,427,729 20S,g77905 Dec. 84I0S2i
Legal Tender o5,10,107 73,S2g947 Dec. Ii $50, I60
The weekly statement of the PHILADELPHIA hanks
made up to the 18th nst presents the following ar
gregates as compared with those the previous week
Capital stock."....$4,6i $50 $1I6i2i50
Loans..........., 4S,3S6567 4S036g S4 Dec 900 80
Due I'm other bnks 209gis 465SS Lee lee 1so $ $9
Due other banks 1,46l,9j1 7l382 Dec 83S 80
Deposits S7,29j6i5 3707S4 2S Dec 1Is 557
Circulation; S,9lo.955 $685. Inc. ga sal
u. S. Legal Tender 0''''1
& demand notes. .slS.232 19.7l2,O93 Inc. 63ss
The following will show the exports of specie from
the port of New York for the week endin: May 26ib
1866:
Total for the week 50 421 ZIG
Total Simon Ian / 1856 So; 395 T2r