Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-12-08
MONETARY AND COMMERCIAL.
Financial Affairs.

AhS lOl was HulNO uNtlNGJ
yesterday, and the market extremely close;
the applications for accommodation being in
excess Of the means to meet them at all the
houses, which were doing nothing of conse-
quence at any rate. Yesterday was the
most stringent day Third-street has expert
enced for fortnight, though there
seemed to be no particular uneasiness among
Merchants or Bankers. In the street, Money
continued very scarce, and it was difficult to
borrow it even at such rates as "a and 30 per
cent. per annum.
Cbeckings on city accounts have been
numerous during the week, and balances
have been materially reduced. The stock of
Currency, at present, is much diminished
from that held by the Bankers at the begin
ming of the week.
Exchange on New York was firm and in
better demand yesterday than on Thursday,
but for Boston the request was small, and
Baltimore and Philadelphia Checks were
heavy and irregular. New Orleans Ex-
change was quiet, though some dealers were
willing to buy prime Checks at par.
Gold was in fair though not large demand
at ! premium; u being the purchasing price.
Uncurrent Money was about as last quoted,
though Western Currency was somewhat
heavier and rates were advanced by some of
the Brokers. Our quotations are:
Indiana Stock, 1S@l; Pennsylvania (inte-
rior(, 8; Virginia, Wheeling and Branches, s.
other solvent Virginia. 10; Missouri lex
cept st. Louis City, I; Iowa, 10; Wisconsin,
1o@l2; Illinois, l6@l2; Maryland, (interior),
5; Tennessee, old Banks 5; free Banks lO@26;
Michigan and Canada, 5; Alabama (Mobile(,
To- Alabama (interior), l09l5; the Carolinas,
l0@l5; and Georgia, SOLO discount.
Exchange and Coin were thus quoted at
the close of the Bank hours yesterday:
Buying. Selling.
New York Sight........h prem prem.
Boston. .par94 prem. y prem
delphia'.............5R dis. par.
Baltimore. - II dis.
New Orleans. .............par. = prem.
American Gold..-.......A prem. prem.
The Hog market was very dull yesterday,
with prices irregular and nearly nominal.
Holders lowered their figures offering to
take S. 25, but buyers would give no more
than So, and many would not purchase even
at that rate. Some 600 Hogs only were sold
at $5 to $5 25.
Not much was done in Provisions. Mess
Pork was more inquired for at $l4, and 200
brls. sold at that rate, but holders asked 25c.
advance. Lard, Green Meats and Hams were
dull, with large offerings.
Flour and Whisky were quiet and un-
changed, and no alteration occurred in Grain
OF Groceries, though Molasses and Corn were
frmer than on Thursday.
The following are the Imports and Exports
during the twenty-four hours ending yester-
day at noon:
Imports-Apples, 2l1 barrels; Barley, 96l
bushels Butter, l04 packages; Corn, 10
bushels Coffee, 26l bags; Flour, 1928 barrels;
barrels Molasses, 535 barrels; Oats, 5,5i3
bushels Pork and Bacon, 1860 pounds;
Potatoes, barrels; Rye, 100 bushels; Sugar,
5l2 hogsheads; Salt, 100 barrels; Wheat, 872
bushels; Whisky, 1856 barrels.
ETpOTts-Apples, l5s barrels; Butter, AZ
packages; Candles, III boxes; Corn, 377
bushels; Cheese, lOl boxes; Coffee, 447 bags;
Flour, $50 barrels; Hay, ~ bales; Lard, 692
barrels and l29 kegs; Molasses, lac barrels;
Malt, 2O2 bushels; Oats, 100 bushels; Pork
and Bacon, 83 hogsheads, 81 tierces, 80 bar
rels 39l boxes, 2,l00 pounds; Potatoes, 40
barrels; Sugar, 70 hogsheads; Salt, 800 bar
Iels; Wheat 202 bushels; Whisky, 1885
barrels.
The following is comparative statement
of the Exports exclusive of Specie) from
New York to foreign ports for the past week
and since January l:
For t,o ,,oo, 1S2ss;, s,1sS'9599;, 1850;
Previously reported, 56,GsOSiO 60652663 9Oy66,i26
Since January 658 6l,8g776l s92 OO6
Thursdays Tribune says of Wednesday
Stock Market in New York:
The Stock Market appears to have reached
almost the point Of actual stagnation. The
transactions are nearly all for cash. and spec
ulation, especially among outsiders is a
thing Of the past. A few small parcels OF
stock are still being bought by the public for
cash, to be held until the public skies are
clear, and the remainder of the demand
comes from the shorts to cover maturing
contracts. There is as little disposition to
buy as to sell on buyers options, and al
though some parties are still willing TO put
out sellers options TO some extent, they find
but few operators with nerve enough to take
them. In the immediate future of the DO.
litical world there is too much uncertainty
to afford any encouragement for a but
but little vitality, from the impossibility O
getting out short options.
Under these circumstances, we see but
little hope for any activity in the Stock
Market for the present. The compromise
measures which may be proposed at Wash
ington, even if eventually acceptable, viii
require long time TO cOnsummate, and re
turning confidence will be of slow growth
Spectators among the public have been Sc
severely crippled by the late decline, tina
they can not, even if they would, enter thu
arena again with any energy. A settlement
of the question between the North and South
would undoubtedly awaken more or less life
in the Stock Market, and advance prices but
it must be many months, under the mos
favorable circumstances, before the volume
of business at the Board can reach its old
limits.
At the Second Board the market continued
dull, and was again lower. Prices touched
in some cases as low points as at any time
since the recovery from the panic Of 1857
After the regular session, there was rather
more frmRess, but the transactions were
limited. State end Government Stocks have
= irrR very heavy aud lower. Government