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Monetary and Commercial Rebieto. BALTIMORE. Nov. 20, 1860. We notice a much more cheerful feeling here to day in commercial circles, and a decided improvement in the general tone of the Stock and Money markets. The action of the New York Banks yes terday in relation to the purchase of Exchange, and also in relation to extending their discount lines, has had a favorable influence upon affairs here, as well as there. We learn by a telegram from New York that the committee appointed by the banks purchased to-day sterling bills to the amount of $700,000 at rates ranging from 104 to 106, which is a material advance, and that the discounts by the banks were very heavy. Our banks are we are assured, doing all they can to aid their customers and the community, and most of them are discounting up to full amount of their receipts. On the street money is still very tight, but rates are no higher than they were some days ago. An effort was made yesterday to advance the rates for paper and for loans on call, to 2 per cent. per month, but it failed, and to-day most of the transactions which have taken place have been at 1 1/2 per cent. per month, and we quote this as the rate for first class endorsed paper. At the Stock Board to-day there was a large business done particularly in Railroad shares. Of Baltimore and Ohio the sales reached 2,100 shares. It opened at $55, at which figure 1,100 shares were sold, but it dropped to $54, and advanced again to $543, and closed at $54 1/2 bid, $55 asked regular way, these figures being an advance of $1 to $1 1/2 on the closing quotations of yesterday. Northern Central sold at the same figures as on yesterday. There was a good demand for it, and sales of 1,025 shares were made at $14 % 11 cash, and it left off at bid, $15 asked regular way. Northern Central bonds fell off however 1 1/2 per cent., sales of $5,000 1885's being made at from 57 1/2 down to 56% For Baltimore and Ohio bonds there was some-inquiry, and sales were made of $2,000 1885's at so, yesterday's rate, and $10,000 1862's at 54@53, the market for them closing at 50 bid, 53 asked. We note also sales of $1,500 Northwestern Virginia unenuorsed third mortgage bonds at 22. City 6's were 1/2 per cent. lower again to-day. Sales were made of $440 1875's at 94 1/1, and $3,154 1890's at 95.There are but few Bank stocks offering, and the only sale to day was one of 28 shares Bank of Commerce at $24. In the Mining stocks there was but little done, the only transactions being in Springfield, of which there were 1,500 shares sold at $1.95@2 cash, the latter figure being an advance of 5 cts. on yesterday's price. Gardner Hill closed at $31/2 bid, $4 asked, but Guilford was quite heavy, the closing quotations for it being 50 cts. bid, 70 cts' asked. Deep River was stronger to-day, 35 cts. being bid, and 45 cts. asked for it regular way. It will be seen by a despatch under our telegraphic head that the Farmers' Bank of Virginia at Richmond has suspended specie payment, and that the other Virginia banks will probably do so to-morrow. At the first board at New York to-day Virginia 6's ad. vanced 3, and Missouri 6's 33 per cent.; Canton 1/2; Erie $1 1/4: New York Central $1 % Reading 1/2; Cleveland and Toledo $13; Michigan Southern 3/6; Michigan Southern guaranteed $11/2; and Rock Island $1; but at the second board Missouri 6's declined again % per cent.; Erie $1; New York Central $1 %; Reading 1/2; and Galena and Chicago 1/2. SALES AT THE BALTIMORE STOCK BOARD
