Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-06-01
a.
furnished By Leonard }. Tourney d Co.. ccs oEd BIZ
Brokers. No. % South Street.
THURSDAY. Nav

Tone Of Market............Firm. Steady Steady
THURSDAY, May 3lst P. NJ.
There was fair amount of business done at the
Stock b. I'd oday in Gold and Government secu-
rites. but stocks generally were inactive and the
fancies were almost entirely neglected. Gold ad
yanced to-day " q cent selling at the first Board
at 1890 1897. and at the second at 13S35l29s and
closed at 1895 bid, 1891 asked. The sales add up
nearly $4,000.
Five-Twenties were in good demand and "A to !!
better than yesterday, selling at 1G2lI@10235 A
lot of $4,000 sold at the second Board at the latter
figure. buyer 50. Sevea Thirties sold at
and closed at 1929 bid for second series, and 1929
for third Ten Forties close yesterday at 49,
bid, sos asked, but nothing was done in them.
State bonds were quiet, the only sale being one of
$1,000 Virginia registered IS at AZ. Mssouris closed
at 76l4 bid, II asked. and Firginia's S2lI bid SO
asked. Baltimore city 6's were in some demand and
sales to the extent of S., 600 were made at 94@lOJ
for 1905 and IS for Park bonds
For Railroad shares and bonds there was q limited
inquiry, and we notice sales of small lot of Bati-
and Ohio shares at sos, and of two or three
lots of Bonds at Si14@si4 for Northern Central
1855, and es@ for Baltimore and Ohio 1875 In
Bank Stocks the only sale one of shares Union
at S65. 1t closed at $3.50 bid, SOS asked For Me-
chanics only $l6I was bid at the close
In the miscellaneous list we have only to note n
sale of 400 shares Gardner Hill Mining Co. at IS cts.
Santa Clara decidedly BETTER closing at S2I bid
IS asked, as was also Baltimore and Cuba Smelling
and Mining Co.. which left off at SIS bid 500 ask ed
Money may be quoted easy at per cent. on call,
and for first class business paper the discount rates
are and per cent.
The New York stock market opened firm this
morning at general advance of Is to n = cent.
above the closing quotations last evening The mar
ket has assumed better tone, and has generally
been very steady throughout.
Erie has presented new phase to-day It sold nj
5sIs before Boards this morning and steadily adj
vanced to 6 at the close without the least reaction
taking place in the meantime. 1t is impossible to
judge the next movement in this stock but il is mi
Versally acknowledged that within the past dav or
two the short line has been increased rather than
diminished and the continued advance today is in
all probability due to the demand for covering short
contracts. which, while it continues is likely to en-
sure higher market value. Aside from speculation
there are many capitalists throughout the whole
country who are willing to buy Erie in the neigh
borhood OF To, and hold it as investment. con-
siderable quantity of the stock will, undoubtedy, be
thus observed, and late advices from New York also
report purchases on foreign account.
New York Central was firm during tho morning al
49, and advanced to 95s at the last call; towards
o'clock 1t was very active and advanced to eS3 The
combination in this stock not at all likely to make
close corner in consequence of the large amount
of stock which they unable to control and which
can be borrowed for delivery from day to day.
Hudson River sold at ll312 during the first call but
declined to ll3 at O'Clock 1t was in better de-
mand later in the day. and sold at the three O'Clock
Board at ll3H, continuing steady until the close
Reading was comparatively dull 1t opened at 1898.
and reached 1897 at eleven o'clock but declined ia
lVsA at one o'clock, and continued without change
throughout the subsequent sessions of the Board.
Michigan Southern ed firm ot md 1,,ox
to Sl at eleven O'Clock, but with considerable sales
1t declined to S05s at o'clock, and closes at the
same figure Pitsburg still further declined to-day
and sold at S33 late in the evening after opening al
$50. tits not clearly understood yet whether the
Clique are entirely out of the stock. and, a matter
OF prudence short contracts should be closed if the
price will admit of such action without loss
Rock Island, Illinois Central and Fort Wayne
were steady at quotations, with no new feature to
note Northwestern common" averaged 233S at the
several Boards, and the preferred S. with Int very
little huctuation.
Ohio certificates declined this afternoon to 2s-
Cumberland was dealt in to very limited extent nj
4574. Canton. however, was in good demand, and
advanced to 6114 at P. NJ, after selling at sos
during the morning
State bonds were dull, Tennessee's and Missour;'s
being unchanged. Virginias sold at 65I and North
Carolinas at 50.
Governments were steady. Five-Twenties of 1864
were quoted at 1929, and those of 1862 at 1O2 Skies
of 1881 sold at 1924 and Ten-Forties at s575. 80
dold mas been very firm throughout, and advanced
10 I4os at the Close after selling at 1887 early in the
morning. Inc money market shows increasing ease,
and call loans have been readily effected at per cent
The London letters by the Persia are of more
cheerful tenor than the Liverpool Cotton adyices'
from LONDON 1t Is remarked that the supply of
cent failures in the banking interest have reSnod
the number of urgent borrowers. The Cotton trade
at Liverpool on the other hand, is still in a very
ANXIOUS state though perhaps, 10 less critical sit
uaton than the week before. The failures thus far
reported affect the East India more than the Amer
lean interest in Cotton and Cotton bills
VI American securities Messrs. Satterthwaite az Co
report as follows: Since our last the London market
for American securities has. in common with ali
whlch, we nope, has passed away. When the panic
was at Its height prices were much depressed owing
to toto forced sales United Statos 52O bonds having
shares at 49, and Fries at A. but from these Quota
TONS there has been decided rally, and the market
the same price as this day week, viz 65I to u ILL
nos SHARES are but shade atter II to ~ but Fries
dollars - ~ ~ ~ Sn0" ae0iine OF nearly two
Mn exports exclusive of specie from the port of
the nSr the week ending May 30 and
WIN the corresponding periods in 1864 and 1855:
For the week 50 lat 7sS geo :, 1855 SIS =. 1866
Prev. 6 792lsS g 81 SO S S5$
pinco dn' W.
The imports compare as follows:
1864. 1865. 1864
Dry Goods. ,025,112 S50203 81 COZ 81
Gen. Mdse.. ........... 4,56S 7S9 $50 3331 a.
Total for week. 593 901 S., S53 ST. 3s4
Prev reported...... 80 4sS769 54,ISslSl l3l753 255
Since JAM s99 OS2 $40 SIS, 294, O34 sl36 1873 63g
The total value of imports at Boston for the week
ending May p was 81 POS III against S4o566 during
the week In 1866. Total since January
l. $lo5'3.i35. Average amount per week. 1914 81.
Ihe authorized National Banks now number $50
Win an aggregate capital of 40 and an ag-
gregate circulation of S276,5i05l0 The following
table shows the progress of the National Rankine
system since Janusry, 1854
Banks. Canital Circulation
January, 1884,. 1877 Si4 S2S 7io GDa IL
July. lS64........ 469 953I9aH o. S5S AZ
Jan. z, 1851. 685 1l5 sol 80 80 eeSG
July lS65...l,378 34OoyS 060 1865 o.
Jan. l, 1S66....l626 407 g09 9GS
May 2S. 1850 52s'Std ~ ~
baltimore Markets, MAY n.
C0FFEE.--There is but little inquiry for cos,,
and the market may be quoted dull and beovS on W.
have reported to-day sales of 60 bags commor'
1914 cts gold and of 80 bags fair at cts S i1 Nv ~
quote Rio as ranging from l6 to 2Ol% cts gold s W
mon to ch6ce Laguayra at 1965O% cts eoId oO,i !,
Java at 26g254 cts gold. The Grey Eagle arriva5
yesterday from Rio with cargo of 500 bsss ND ~
stock to-day in first hands is Il 700 bags. anu Tue
:. ELoUh:IIhe market is quiet, and the fec1;,, n