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Monetary and Commercial Rebiew. BALTIMORE, Oct. 31, 1860. The announcement this morning of the suspension of the old and well-known banking house of Messrs. Josiah Lee & Co., combined with the stoppage yesterday of the banking house of Messrs. Appleton & Co., has created considerable consternation and alarm in financial circles, and has caused a good deal of fluttering among the Stock operators. Both of the above houses are understood to have been largely engaged in stock operations, and their embarrasments are supposed to have proceeded from this cause. The effect of these stoppages has been to depress nearly all the stocks on the list, and to create almost a panic in the money market. Call loans to a considerable extent were made to-day on the most undoubted securities "at 1 per cent. per month, and some parties declined loaning even at this rate. At the Stock Board to-day the operations were light, but for almost everything on the list the market was heavy. A sale of 50 shares Baltimore and Ohio Railroad was made at $7216 cash, this figure being a decline of $31/2 on the last sale, and at the close $71 only was bid for it buyer 60 days. Northern Central Railway, for which $22 was asked yesterday, was offered to-day at $20, but no bid was made for it. Northern Central 1885 bonds declined 2 to 21/2 per cent. Sales were made of $7,000 of them at 60, and $8,000 at 591/2, and they left off at 59 1/6 bid, 591/2 asked. The only sale of Baltimore and Ohio bonds, was one of $2,250 1862's at 65, but 1885's closed at only 82 bid, 84 asked. There were $2,000 City 6's 1890 sold at 991/2, and $200 1875's at 98 1/2, but for 1890's only 98 1/2 was bid at the close. Bank Stocks continue firm.The only sale to-day however, was one of 35 shares Franklin at $11 34. The Mining Stocks were all heavy and lower. Gardner Hill, for which $41/6 cash was bid yesterday, sold to-day to the extent of about 1,000 shares at from $1.1 down to $4.10, and it closed at $4 bid, $4.14 asked regular way. Springfield declined 50 cts. per share. Sales were made of 1,100 shares, 600 at $2, and 500 at $1.95, and it closed at $1.90 bid, $2 asked regular way. Guilford declined 30 cts., but Cambridge and Deep River sold at yesterday's figures. Sales were made of 2,700 shares Guilford at from $1.30 down to 1.23, 1,000 shares Cambridge at 55 ets., and 1,000 shares Deep River at 45 cts. Nothing was done in any of the other Mining stocks, but they all closed heavy. In New York to-day stocks dropped off again, although some of them advanced at the first board. Missouri 6's and Erie each improved at the first board 1, but Missouri 6's fell off at the second board 1X, and Erie 1/2, New York Central declined $1; Reading 3/4; Cleveland and Toledo Harlem $1; and Galena and Chicago $2. Canton and Rock Island sold at the same figures as on yesterday, but Michigan Southern improved $1, and Michigan Southern guaranteed 1/4. SALES AT THE BALTIMORE STOCK BOARD. WEDNESDAY. October 31. 1860
