Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-05-08
COMMERCIAL AFFAIRS.
Monetary and Commercial.


The expected decline in Exchange occurred
yesterday soon after the opening ofthe Banks,
and all dealers drew on the East at a, and
purchased checks at 2S some giving frac-
ton less on Boston and Baltimore than on
Philadelphia and New York. The market
was firm at those rates and more active than
on Friday or Saturday. The demand from
the merchants was heavy, and the aggregate
of the sales larger than or any Monday for
several weeks previous. ..
Currency was in brisk request, and some
of the Bankers complained of scarcity, though
the supply was sufficient for the legitimate
business. Rates of Paper were unchanged,
but q trihe easier than at the close of last
week.
Gold was dull, with q supply in excess of
the inquiry, at M@30c. buying, and 40c.
premium selling rate.
In New Orleans Exchange and Uncurrent
money there was no alterations.
At the close of bank hours yesterday these
were the rates of Exchange and Gold:
buying. Selling
S,T SsT York sight'.''.''......... prem. prem.
Boston -. '.........., .... 30 to prem prem prem.
Baltimore .....""..3O to . prem. 3 prem.
American Gold ............]4 to 5Oc. prem iOc prem
The higher grades of Flour were in good
demand yesterday, at full rates; but other
brands were not wanted. Whisky continued
dull, with further decline, with large trans
actions at the decline: 1900 barrels selling at
l711c. The inquiry for Mess Pork increased
and buyers were willing to give SIT 25
while holders asked $l7 80. Bacon was in
active demand, and Hc. higher than on
Saturday. Bulk Meats could be had only
with difficulty, as holders and buyers could
not agree on terms. No alteration occurred
in Groceries. Wheat, Corn, Rye and Oats
were firm.
The imports and exports of various articles
during the twenty-four hours ending yester-
day noon were
ITports-Apples,, q bril-, Barley, eo5 bushels But
ter l3s pkgs Candles ~ Corn 2322 bushels; bus Cheese
o OGsSs SSss M6ss Il S snd es aay
Ss Sr Sbds SMbs i ts oes bus
boxes and $50 pounds Potatoes ia6 6ris sugar,
%3 @ hhds;; salt, barrels Wheat 2,siO bushels;
Exports ts2Apples, : brIs.; Barley, 200 bushels; But
ter, ijs pkgs Candles, 600 boxes Corn, 332 bushels;
sS bSs GGfSs f%s RGE 20 s
Molasses 90 brls; Malt, : bus. Oats, bus; Pork
boxes, and pounds; Potatoes, AZ barrels; Sugar,
~ hhds; SALT 572 brs.; Wheat us bushels Whisky,
l,57 barrels.
The value of imported merchandise actu-
ally marketed at New York during the past
marketed in April of last year
The imports for ten months past at New
York were, with foreign specie, $l9z 900,
against $l72, ,6O40 900 for the same period of
1885, exports of domestic produce, $64,674,-
900, against $4S $4,000 of 1859; exports Of
specie, $43, 727, 900, against $27, ,922, 600; de-
liveries of California gold, $34 Os6 555, against
S28, ,939,042
Saturdays New York Times observes con-
corning Friday last:
A fair business was done to-day in the Foreign
Exchanges, owing to the rather easier terms made
by several of the prominent Bankers and Bullion
brokers. The latter drew Short Sight ON London at
l04 per cent? which Is better for the buyer at pres
ent currency for Money the other side than lOgH
per cent at GO days the price at which Southern and
other transient Bank-bills done, or lOgA, at
which some of the best of our own Bankers drew
The Sight rate on Paris also made correspond
say l0f, the sixty-day rate being 5.l4Jsf@
j.l3Af
We make no alteration in Money rates. The prin- |
cipal Stockholders of established promptness are
supplied at per cent on call and relend at pei
cent. With the Discount brokers the quotations on
strictly prime Paper are 69@7 per cent, as in date.