Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-04-12
Prices OF Stocks ana Bonds I'm New YOris
TELEJKAFE
Furnished BY Leonard J. Tormey d Co., Socs and BIZ
Brokers'. No. % South Street
April IL 1865.



WEDNESDAY, April Ii, P. NJ.
At the Stock Board to-day there was considerable
activity in Gold and Government securities, but al
most everything else on tie stock list was dull
Gold, the transactions an which exceeded SlOOGo
sold at the First Board at l261s@l264. and at the
Second at the uniform figure of 1854 being an adj
since yesterday of q e cent and closed steady
at 1885 bid. 1854 asked.
The operations in Governments were exclusively in
Five-Twenties and Seven-Thirties. Five-Twentes
sold at the First Board at 1885, and at the Second at
1887. being decline of 4 previous sales, but
Seven-Thirtes we're firm. selling at lOO4@lOO3s the
latter figure being paid for first and second series at
the Second Board.
In State bonds nothing was done except in Er-
gnia inscribed 6s. of which some $4,000 sold
at AZ: 72l5 was bid however for Missouris and VS.
for Georgias. small lot of Baltimore city 1890 Gs
sold at 0O but they closed at 99a bid 9934 asked,
1S75s closed at 969 bid. 81 asked for the opening.
In Railroad shares there movement, but
Baltimore and Ohio shares closed at Sil3's, $ll3's
asked. Northern Central at $ii34 bid, and Central
Ohio at S23 bid S26 asked. There was however some
inquiry for bonds. and sales made of 5000 Bal
timore and Ohio 1855 at 9'. and $3.50 Western
Maryland best mortgage guaranteed OF 92l4.
In the miscellaneous list, there was nothing done
except in Baltimore chrome, of which 1000 shares
were sold at 81 For Canton there was some inquiry
and $53 was bid and S55 asked at the first Board but
at the second Board the fist bid for twas $5l.
We have received proof" copy of the prospectus
of the Virginia City and Gold Hill Water Company
whose advertisement appears in another column.
The Works of this Company have been in most sue
cessfui operation for upwards Of three II being
new scheme, we feel no reluctance in recommend
ing it to the consideration of our readers. guar
antee of 10 per cent the par value is given by the
Bank of California in San Francisco. and endorsed
making it dividend paying security of at least IS
per cent subscription price of S65 per share of S0o
limited number of shares reserved for this city
in order to identify the Company with the leading
firms throughout the country. Subscription books
are opened by Mr.. James Francis. at Messrs. VIM.
Fisher & Sons who will furnish detailed information
respecting it.
The New York Stock market has presented a very
miIk-a -watery appearance during the day; the
speculative feeling Wall street has received per
ceptible check, and many stocks are only bolster
ed up by thesr manpulatOrs in the hope that a
further short line may be induced. Erie has been
comparatively free from the usual fluctuations in its
price, opening at AZ. it closed at the same figure
the only marked variation taking place at the half
past two o'clock CALL when it sold at 741s. Hudson
River improved. and at the first Board sold at 1861,
after which it declined to 106. and at the close was
quoted at 1867. Michigan Southern was dead let
ter the market quite early and sold at so a spas
modic effort made TO initiate its price, and in the
afternoon it advanced to 8l1+, hut closed weak at
sos. IF the clique foster the idea of re-cornering
this stock, it will be at enormous risk; outsiders
will certainly not buy it on its intrinsic merits and
the public will not easily submit to the chance of
again being so heavily mulcted. as many have been
during the past fortnight.
The bulls have committed q fatal error lately. es
pecially In conducting their cornerng operations.
They should have bore in mind that the bears alone
make the market for their securities at the decline
and by taking q vast proportion Of this element
away they terribly endaDger their stocks at the tina
they desire to sell. Pitch was neglected. Open
ing weak at 1875 it remain ed steady during the day.
with very little doing, and closes at 79&. Specula
tors do not forget that million dollars of bonds
were sold to pay 4 per cent annual dividend On
this stock, and it is very difficult to induce pur
chases and holders are equally afraid Of forcing it
on the market
Rock Island exhibited exceptional strength at tn
opening, and parties concerned in its advance
widely disseminating the report that the bona tide
value of the road such to warrant still
greater initiation of its price. basing their proof
the fact that for portion of their property in Chi
cago. which cost the Company fifty thousand dollars
they have been offered million dollars. The eff
feet of this very visible its price and before
boards it sold at 120 Later in the day it declined to
1885. but improved at the close to ll95. Quicksilver
took another sharp upward turn to-day; twas quoted
at 1875 in the morning. and at the o'clock board
sold at 4715, but fell to AZ at the close. The
mems of this stock still unaccounted for Can
ton suffered great huctuaton. opening at 5254 it ad
vanced to $50 at eleven o'clock after which it became
Unless demand and closes weak at 50.
State Bonds were dull and inactive. Tennessee's
declined u. and Mssouri's q. North Cardinals sold
at $40 and Virgnia's changed hands at g. Gov
eminent Bonds were shade weaker Fiye-Twenties
selling at 1884 Seven-Thirties were quoted at 10O@
1905.
Gold opened at 1865 and gradually advanced to
l27 at O'Clock. 1t has become plentier and has
been loaned mostly fiat" to-day The money mar
ket presents no feature. Call loans are easy CT
access at q cent.
The New York Tribune says:
The passage of the loan bill should make all debtors
in the way of liquidation. The Secretary under the
financial bills in force, has ample power to
tract the currency and place the Government finances
in order. He can sell new bonds or exchange short
currency debt for long ones, and make terms which
will attract to his use the oanable capital of the
mereal world He is not allowed to be sure. to can
eel the legal tenders but he Is not prohibited from
withholding them from circulation, process as
as their destruction would be-. The Secretary means
specie payment as soon as they can be reasonably
brought to the notice of parties DESTROYS of running
INTO DEBT upon edcuuency sure to be speedi-
iyImproved at the cost of debtors
Exports exclusive of specie from the mort of New
York to foreign ports, for the week ending Apri To-
1t is semi officially announced that the intersst m
all temporary deposits returnable at ten DAYS; no
tice will be reduced to five cent after the LIST of
May, and on clearing house certificates 10 four nor
cent. 1t is at the same time stated that the Nav in
terest on the $40 loan will not be anticipated
The Boston Euening Commercial of yesterday saws.
Money matters and business show little variation
The market is well supplied with currency on favor
able terms for the borrower good credit the de-
mand being rather on the increase with the rates
unchanged. There continues more lively action in
trade circles, and prices in some commodities are
firm and slightly upward, and the market is becOm-