The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-22

The Cincinnati Gazette of the 10Th says
Currency very slowly in supply owing to the
sluggshness in the produce markets. and the discount
houses therefore unable to allow any expansion in
oans but, remarked, the demand from classes
Of borrowers with whom September the heaviest
in the second half of the year, is falling o-atters hav-
ing been TO great extent brdged over into November
and December, by which time the country merchants
will be able to hqudae the claims that the credit
merchants of the city are now carrying. The weather
is favorable for corn, and the yield OF this i'm
portant staple, it is now almost certain will be very
large Hogs Will also be realized upon considerable
extent within the next ninety days, and the market
promises to open pretty highsay So so per 100 lbs.
net so that with and hogs, farmers should
continue to hold their wheat the West will be able
qudate very large proportion Of its debts before the
LIST of January. The prospects for decided improve
ment in financial and commercial matters are, therefore
altogether favorable. What the wheat crop has failed
accomplish, for the that 1t has been sparngy
kctcd corn and hogs both which promise 10 be plenty
will secure The farmers of Ohio, Kentucky Indiana and
Illinois Will, within the next four months realize
$50 100000 for hogs alone. The market for Eastern
change was firm again Oh Saturday with demand fully
equal TO the supply, but rates the Friday
viz 40 as prem. buying, and SO prem. selling.
The Boston Post Of yesterday thus notices the money
market of that city,
For esteemed bank borrowers the market 10
rule cheaper than that of New York In State street an
quantity Of money be had at per cent and a com
mission on the right sort Of paper The banks, however
nave no difficulty in getting moderate exchange foreign
paper ana we give the bank rates to per cent with
no ndsposiuon 70 refuse Boston 6, where the
means are ample and the offerings prime The de-
'tS"V ~ Steauy CONSIDERABLE Dut not presS
ing Outside the rates are very irregular upon anything
put notes OF nigh repnte Even loans that would be
any accepted by banks, II offered by sound customer
pay or per cent IN the street aud loans stocks
fancy KIND pay u and upwards, Notwithstanding broad
margins and the saeablcness Of the collateral at
some price or other. The large brokers Dor
easily at 8 to per cent but do not lend b.
low H. in the general way. We suppose half million Of
dollars could be had in State street this morning at per
cent thereabouts by class of borrowers while we
have no doubt NJ all that quarter Of million at least
would be readily taken by other people TO H. within
ortyeght hours the latter furnishing securities that il
not fashionable the 'gt edged" varieties may not
be less valuable in the long
The St Louis Democrat under date Of Friday evening
last, remarks
The money market Of this city very quiet Exchange
was scarce and firm at u premium for bankabe funds.
Currency is in small supply, and although some houses
that have supplies fully equal 10 their necessities will not
receive except at Il to per cent discount others buy
freely at and cannot keep up supply at that, and
sell at x discount There is only moderate amount OF
paper offering but the banks very free to dis
Count closeness continues 70 prevail.