Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-12-18
MONETARY AND COMMERCTAL.


The week opened quietly yesterday, with
a moderate demand for Money, and a con-
tinued close market; the Bauking-houses
still preserving their rigid rules respecting
Discounts, and granting no fayors, except to
few particular customers.
All parties that want accommodation, and
have not considerable balances in Bank, are
compelled to seek the street to sell Paper,
where it can not be disposed Of however
good, better than 24@36 per cent. per an
mum. The city and country accounts have
been greatly reduced, but they are no lower
now than they were two or three days ago,
and the feeling of Third-street, if not better.
is certainly no worse
Boston and New York Exchange was
heavier yesterday, with a decidedly down.
ward tendency, and though rates were
nominally unchanged, some dealers were
selling large amounts of 81, 600 and upward
at II premium. Indeed, there was no
trouble in obtaining Bankers signatures at
that rate though few of the houses asked
~, as usual. No one was paying over !,
and many not more than * premium, for the
best Checks that could be made. No doubt
the general selling price to day will be IL.
On Baltimore and Philadelphia, rates were
irregular, and little was doing on either
point.
New Orleans Exchange was in good re-
quest with very good supply at par@16
prem. buying and 24@l prem. for undoubted
checks; some houses refusing to purchase
any other than Bank-signaturos.
Gold was rather quiet, and though some
houses were asking 2, others were selling
freely at IL prem.
Uncu1rent Money. underwent very little
change. Western Virginia was verv little
better, and Missouri very heavy and rather
higher. Our quotations are:
Indiana Stock. specie-paying, 5; Pennsyl-
vania (interiorG 8; Virginia, Wheeling and
Branches, 597; other solvent VirginiG, To-
Missouri, 12@l5; Iowa, 10; Wisconsin, Is; Ill.
solvent, 10; Illinois, suspended, 2O Maryland
GnterioTl 8; Tennessee, old Banks, 81 free
Banks 10000; Michigan and Canada, s. Ala
bama (Mobile) 10; Alabama (interiorG l0@
Is; the Carolinas, 1O@l5; and Georgia, 5C9
10 discount.
The rates of Exchange snd Coin at the
close of the bank-hours yesterday were:
Prem @ i}}$SS prem. prem.
Baltl1no dis. I6llS dis
New wOrleans...o"...".rar a. prem. 3(dI prem
The financial news from New York YES
terday was favorable, Stocks advancing 1&@3
per cent.
Flour was unchanged here, with a light
demand, good supcrfinc being held at 81 25,
ho
Extra ranged at 81 1905 25. Whisky was
in fair demand and firm, l, 700 brls. selling at |
l4@l41sc. Wheat was in good demand with |
light receipts, and holders asked an advance
of &c. per bushel. Corn, Rye and Oats were
firm, and Barley was dull. Sugar and Mo-
lasses were steady and Coffee was dull.
The demand for mess Pork fell off, and |
parcels packed last week were purchased at
Sl4 80, and no buyers at that rate at the |
close of the market. Green Hams were in
good demand. Hogs opened firm in the
morning, and So 5O@5 co was paid for good
porkers, but on Change the large number
offered for future delivery, and the decreased
demand for mess Pork fattened the market,
and buyers offered lower rates.
The following are the Imports and Ex- |
ports during the forty. eight hours ending
yesterday noon;
Imports-Apples, IL barrels Barley, 8o5 |
bushels; Butter 100 packages Candles, 35
boxes; Corn, 3,G2l bushels; Cheese, 1872 |
boxes; Coffee, 458 bags; Flour, 1,lS9 barrels;
Hay, 60 bales; Hogs, 3,203 head; Lard l56 !
bushels Pork and Bacon, 495 barrels and
1880 pounds Sugar 100 hhds.; Salt, BIG
barrels; Wheat e55 bushels; Whisky, 1924
barrels.
EIports-Apples, 500 barrels; Barley, 1856
bushels; Butter, l32 packages; Candles, i,l3S
boxes; Corn, 2,3s3 bushels; Cheese, 98I boxes;
Coffee, 453 bags; Flour, 1858 barrels; Hay,
l07 bales; Lard, 452 barrels and 90 kegs; Mo- |
lasses, 236 barrels; Malt, BIG bushels; Oats,
226 bushels; Pork and Bacon, l49 hhds, I6 |
tierces, l,32S barrels PIG boxes and 5,4O9 |
pounds; Potatoes, 604 barrels; Rye $50 BUSH |
els; Sugar, sc hhds.; Salt, 30 barrels; Whisky,
2,240 barrels.
Saturdays Tribune observes respecting
Fridays New York Market:
There was cheerful feeling at the Stock |
Exchange this morning, and the market had |
an improving tendency up to the close of the |
session, without marked activity and without |
excitement. State Stocks were considerably |
better, and the market was firmer also for |
NONtlhluCutSi VI WHICH 9lJjUOU Ives, OF "a, |
brought 90. The demand for Railway Bonds |
was more animated than for some time past, |
and prices were generally better. The largest |
Share-dealings were in New York Central. |
Michigan Southern, Illinois Central, and |
Toledo, all at improving quotations. There |
was no prominent feature in the operations, |
but the stronger and more hopeful tone de- |
veloped in the market for several DAYS ap- |
peared still to have an ascendency. Private |
dispatches received during the session re.
ported the resignation of Secretary Cass; but
no impression was made upon tho market |
until later in the day, when this political
event was made the argument for a further
bear demonstration.
Between the Boards the scarcity of Stocks
was again very apparent and the applica-
tions of borrowers were quite as numerous |
as ever. The large short lines seem to be |
rolling over from day to day in an uncom-
Portable way, but not at any serious loss to
the operators, in the absence of movements |
for the rise, but the peril of the position is /
only ayerted by the political trouble. At |
the Second Board the market was hammered |
smartly by two or three Of the leading bears,
and prices fell of to a moderate extent under |