Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-01-15
SATURDAY, Jan'y 18th, P. N.

SATURDAY, Jany 18th, 7. NJ.
The stock market here to-day was su IL and mani
mate with material change il quotations. but at
New York the market was active and very strong,
the whole list showing decided Improvement.
For Governments the market was strong. the whole
list being = to = better. Fivetwenties. first ISSUE
sold at lO an advance of 4, and Seven-thrties. Of
the first series. brought 90, an advance of 4. Five
twenties left of at 104 bid l0i asked for first ISSUE
1919 bid 1O2 asked for second and third issue. and
Seventhirties closed at 52 bid for first and $50 bid
for second series. small lot of Ten forties sold at
95 and Certificates closed without sales ar 81! bid
9S3i asked.
Gold sold at 39 cash. and 1881 seller 10 days. and
closed at 1879 Did, 1894 asked regular way, these
figures being an advance of i on the closing quota
tions of yesterday. At New York gold ranged to-
day from 1881 to 1891, the latter being the figure for
it at the close.
There was nothing done in State or City Gs and
the inquiry for them trifing. Railroad shares
and bonds also very quiet, nothing whatever
being done in bonds and the sale of shares including
only 80 City Passenger at $40 ex-divdend $40 was
bid for Baltimore and Ohio shares, $l5 for Northern
Central. and City Passenger closed at $SI2 bid $l9l
asked regular way. Railroad bonds steady and
tolerably firm Baltimore and Ohio 1855 closing nj
sS bid. 100 asked Northwestern Virginia first mort
gage at 81 bid 80 asked and Northern Central 1885,
at So bid 81 asked
In the mscellan list there very little done
the business being confined to sales of loo shares
Bare Hill at 81 35gli0 buyer so. Bare Hill showed
little Improvement, closing at 81 40 bid 81 As asked
regular way, but the mining stocks all very
heavy. Copper Hill has almost ceased to be meI-
toned.
There is no change whatever to note in the e0ndi-
ton of the loan and money markets. Money IL
abundant. rather the demand for it is limited and
parties having satisfactory securities find no difficulty
in negotiating them. Prime paper is readily placed
at per cent. and money is offering very freely on
call at 6@7 per cent.
At New York. money is offered in great abundance
at per cent to leading houses and per cent ordi
nary borrowers make up their accounts readily. Com
mercal paper sells 7a4 for best and lGl5 cts
for second grades. Long engagements are not in
favor.
Exchange is steady under the English news but
not dearer. Bankers Sterling, 80 days is 1GS5s@10;
Bankers Sterling.3 days 40; Commercial 1OSGlOS4:
Francs, long date, 517l 295.15 Francs, short date
5.l33l&D5.l2ta
The Scotia brings advices that on the 29th ult at
the London Stock Exchange, there was n fall in
American Securities in consequence of the advance
of the rate of interest from TO per cent Five
Twenes fell to 6i, closing at 65: Illinois at rs: Eric
at 5634 Consols closed at S7aS7l..
Since the ID of January the Government credit
under decline Of ~ to II q cent in railway proper
ty. has not varied e cent, and this vibration
must be attributed to the proposition to issue the
new forty-years 4 cent bonds. The temper of
Congress upon the financial situation makes it rea-
sOnaby certain that thorough taxation will be con-
tnued an that the national credit will not only be
sustained but advanced beyond the point indicated
by the current price of Federal bonds
The New York Tribune says:
The recent decline in gold is mainly attributed to
the measures proposed by Secretary McCulloch, in
PRODUCED in Congress. These measures contemplate
the issue Of bonds bearing respectively interest at
and = CENT both principal and interest payable in
coin. The interest On bonds at z cent is payable in
Europe and both issues are to fund the floating debt
of the United States The intention of the Secretary
is undoubtedly to dispose of the Z cent bonds in
Europe for coin, at price which will realize par in
currency and it is this very practicable idea which
disturbs the gold spectators. Such loan. princ-
pal and interest payable in coin would be very attrac
tvein Europe and its successful negotiation to the
extent Of few hundred millions would do more to-
ward reducing the valuation of god in this country
termination of civil war. 1t is highly probable
that the Secretary could obtain very large
Of European capital in this way and it is safe to pre-
dict that success in such direction would quickly
bring gold down to l2O With coin or its equivalent
tary, who would be bold enough to speculate against
able decline?
peared from Exchange place, and it is understood
that the senior member of the firm so long leader
in the financial affairs OF New York. will make no
attempt to resume business
The total imports at New York for the week COM
pare follows:
Dry eds 3 $780, R 1885, sS 81 SIS ST.
Gen'l mdse.. 1,969,930 2.lOS.O7O 3,22O44 3.15SOii
Total. 3,S7l,S5l 4lO346s 5,7S,l7s 6,4S8,5lS
The exports of specie from New York on Saturday
were $2l2,260 by the Hermann, and $l5l,GOO by the
CITY OF London, making M total of 500 26G
and the eleven months of the have just been is
sued The experts for the month of November reach
n q > Al,