Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-06-07
MEnNrsnAY. Luna 9Th. 2. NJ

The European advices received to-day per steamer
at New York, are more favorable in financial point
of view and gold declined there in consequence and
prices of course followed suit here At the morning
Board gold opened at 145 but sold subsequently at
14 and 1l414. and at the close one lot sold at 14
seller go but at the afternoon Board the sales which
were very limited in extent. were made at 14414@
14412. At the first Board the sales reached about
$sO,0J0.
Governments were quiet but firm for all issues.
Five-twenties sold at 10214 Seven-thirtes brought
1927. and for Skies of 1881, 109H was bid. and 11O
asked.
Missouri SIS show further marked improvement
lot of $1,000 selling at 7915, advance of IL per
cent. since yesterday. North Cardinals brought S22
yesterdays price, but Virginia registered bonds were
lower, only 4OA being bid for them. Tennessee S
closed at 80 bid. Baltimore city SIS closed without
sales at 91 bid. IS asked for 1S5 and 100 bid 1907
asked for lS9O's. Railroad bonds were in demand,
and several lots sold at SO for Baltimore and
Ohio 1855. S42 for Northern Central 1855, and So
for Northwestern Virginia. first mortgage, guaran-
teed. Railroad shares were. however, quiet, the
sales comprising only small lot of Baltimore and
and Ohio at l03-a decline since yesterday of u a
dollar. In bank stocks the only transaction one
of 20 shares Third National at Sl0l advance of d
There was some movement to-day in Santa Clara
so shares selling at S1o and $50 subsequently at
of 80 shares Baltimore and C2e Smelling and Mining
at $50, advance of $7 We last sale. Fer Burn
ing Springs Oil Company Sc was bid. ard S63l asked
The New y ork stock market has been less firm to-
day in consequence ofarge sales supposed to be made
by parties desirous Of realizing the profits of the
cent advance. New York Central opened at 99l, an
advance Of Il its closing quotation last evening
and gradually declined to $685. which its price at
P. NJ. There was less demand for this stock from
L. -. i
it without cost, although, in few ms ances
% was paid for three days use.
Erie was unusually buoyant early in the day, and
sold at 65 during the first CALL but it was less active
at the succeeding board, and declined to 65. At
one o'clock it declined to 635s and soon after
fell to 6354 from which point it rallied and closed
firm at 81. 1t is estimated that the short" line in
this stock amounts to more than 100000 shares I'm
der these circumstances strange that the out
side public should be willing to run the gauntlet with
the leading director and his associates who have the
power to infct severe loss upon the bears The
intrinsic value Of the road has nothing whatever to
do with the oft speculative price, and in cor
nerng the stock, the clique would have sure mar.
| ket for half the whole spare capital.
Hudson has remained steady during the day at III
without the least auctuaton. Reading has beer
feverish and somewhat excited. 1t opened at 1925
and declined to l091a at one o'clock. At the next
board 1t sold at l> but declined at the last call t
| 10954. and closes at l09l4. Michigan Southern anC
Pttsburg each declined Il during the day, with NJ
| particular feature to note.
| Rock Island was steady at 80, and Fort Waynt
was dull at 97l4@971a during the day. closing at 973s
| Northwestern common opened at Sl5s. advance o
per cent since last evening" but gradually fell OF
later in the day to $685. The preferred sold at 6l2
at the First board, but declined to COZ at o'clock
after which it became in better demand and adyanc
| ed SIS at the close.
Ohio Certificates were active and advanced to 2S34
| Cumberland opened at 4614 but declined to 45A a
the close. Canton sold this afternoon at co. with feE
| transactions throughout the day. The meeting Q
directors takes place in this city Tomorrow whel
4 the affairs of the company will be made public.
Governments were firm at q per cent advance il
\ sympathy with the improved quotations from Europe
Fiye-Twenties of 64, reached 1929 in the afternoon
and those of '62 advanced to 1925. SeVen-Thirtie
| sold at 1922, and Ten -Forties at 961s.
| Gold has again been very active. 1t opened a
l4i5s and rapidly advanced to 145% at 1875 A. N
when il began to show signs of weakness, and at on
! o'clock was quoted at 1451s. from which point
again rallied and closes firm at 144H. The large al
rival of gold in England had caused better feelin
to exist in financial and commercial circles, and
| general improvement took place in the Londo
| Stock Exchange.
| The money market continues well supplied wit
capital, call loans being freely offered at per cen
Discounts are active at to IA per cent for first cas
paper; 500 for good" and l0915 per cent for lowe
| grades. Exchange has been less active to-day bein
| Wednesday, and rates are mostly unchanged Prm
bankers sterling, so days. sold at l09z@llO Bank
ers sight drafts are quoted at Ill.