, 1859-03-05
'MERCIXL..
r3nl and Money mAttefSs

clnl and Money WAtsef9s
FstpAr Evuua. Marsh 4.
mAsoa, k4c.-Wc have had aro4h-
er deaaeo.y March day. Business dull. and in
financial matters Ne have no variation in any
respect TO notice. Exchange STEADY 1t ~.
Gold TX with no demand. Discounts 10 per
cent. Business paper exceedingly scarce
Street rstea continue nominal at 1@2 per cent
per month with lew transactions
The 81 Louis Democrat Of yesterday says:
Exchange has become quite scarce, and rates
advanced to-day u par cent Sight drafts on
the East, are selling at per can't premium for
bankahls fuud4, ~ for currency, and " for
premium for bankabie funds and u for currency.
Currency u scarce Kentucky: Indiana, Ohio
and Louiaiens notaz, ara taken Ut pkt. Other
currezcy is bought at II to u per cent. discount
1t will be noticed that the price Of Exchanges
on N. 7. is precisely the same in ss. Louis ~ in
thn city. 1t i, however, in fair supply here.
whils it il reported to b very scarce there, and
coin il being drawn from the banks and shipped
East to make it.
NEW ToRK CATTLE MARKET.
new YoRk, March 2-BrLL's HEAD.--The
lrorers we're not jolly yesterday at Balls Head.
The cause was depression in the price Of beef
cattle, equivalent to about half cent pound for
the beef. But this Was not all. The butchers got
an tdea into their hands that the supply Of cattle
for this weeks market was likely to he near ZOO
head, and 40 they we're in no hurry to purchase,
and the brokers said that they were not content
with the reduced price, but wanted us much mere
of Of the estimated weight So, between detcs-
unation on the part of buyers not to buy ns dear
as tbe7 dill last week, and feeling on the part Of
H. hof 1f n III
the offers, there were, comparatively with other
TUESDAYS but few bulocks sold, and all that were
sold o5fnera say we're full halt cent lower than
the same quality sold for last week Still the
best Of the cattle brought lie. net pound, but
many others tat sold At 10@loHe were about
There we're over 6, 100 vsrded On Tuesday that
camo by the Erie and Hudson roads, to which
add the Harlem road receipts, and several
droyes exnected from Albany and Bergen this
morning, and few "scsttering," and the au-
ticjpated number Of 2,7e0 will be made up
This will b. . sufficient cause for the decline in
price. zines butchers say that theY cannot COZ
1;nue 10 pay the prices that they have lately
been compelled to pay, By an apparent short
supply Of cattle. without general advance ol
rstail prices, which they are not disposed to
make until fully convinced that there is q short
supply of cattle in the whole country, sufficient
to Justify general increase Of paices above the
present. From Tho appearance Of the market,
they 1re encouraged 70 think that the necessity
Of . general advance in tbs prloes Of beet is not
indicated The quality Of the beef cattle this
weak, on the average, il pretty iair-lhere are
noue psirs Of very Int oxen, worth $500 to $3.50
= pair, or 12c pound net; and tbre are soma
whole droyea that cost present owners from tso
to 800 head Our Albany report shows q
rece;pt sbere this week of 2,224 head. Accord.
int to Indications yesterday. our report Of to.
da1 viii show the sales Of ordinary. cattle At SO
sKc; medium. s@e1; arst quality, lo@1lc'
and e11as, ll56@l2e.-E 2. 1's6ans.