Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-05-07
COMMERCIAL AFFAIRS.


Monetary and Commercial.
The Monetary market left off close last
week, with demand rather in excess Of the
disposition to accommodate, but without
stringency; good paper still going, in the
regular quarters, at the established rates of
lO@I2 per cent. The demand for Currency
was large during the week, aud the stock
held in Third-street considerably reduced.
This week the calls will be on smaller scale,
and the receipts increased, so that we may
reasonably look for augmented ease in the
market. s.t
Eastern Exchange extremely firm and
scarce at the beginning grew heavy as the
week advanced and on Saturday rates were
barely sustained. To-day or tomorrow, 1t is
thought, the rate will drop down to q once
more, and there remain during the month.
New Orleans Exchange will probably be
quiet, ar Gold dull this week, as we see no
reason why they should be in request.
Time Bills were dull at the close of last
week, without change in prices; New York
30 days ruling at 7@S so days, 8@l0; 80
days, 10. New Orleans so days l09l2; 80
days l2(1l5 per cent. per annum.
The imports and exports of various articles
during the twenty-four hours ending yester-
day noon were:
bril- Barley ,o IS SuSI.. bushels But.
Ss S dSafs srd EUgr sg 10 ISs S5 Hay
Pork and Bacon, i h6ds,, tierces, :" barrels,
SSTess sbS na pounds So rSsst0s @ Sgs 5 sSSsS
Whisky, 76s barrels.
Ts G baads corn S9:Si s: SasRS. RS
Cheese, 2t boxes; Coffee, l2s bags; Flour, sss brls.
moes o6 b bGs Malt bas oats ri bua PoT
ard Bacon, 22e hhdsi 800 tierces, t2l barrels ~
N hhds.i Salt brls Wheat, 63i bushels Whisky,
E4ii barrels.
Uncurrent Money changed somewhat dur
ing the week, and at the close the rates Of
Virginia Except Wheeling Banks and
branches) III Iowa, IL; Illinois, ~; Wis.
consin, ~; Missouri, ~; St. Louis City, u
! Maryland, 4; Michigan, l; North Carolina, i
i South Carolina, !; Georgia, l. Canada, i
Pennsylvania; X@l: Alabama ~.
The imports of foreign dry goods at thu
t port of New York have increased, but the
: total of last week is less than for the CORE
. spending week of 1859, as will be seen by thC
following table:
EPisrsS Pei g a. SiSs, Sc 9sssis sss
IhfoWn on market''.'' 9l9,oOo l,1O''ol5 l,lf5,T2
r Since Jan. le
! Thrown market. 32,292,6l9 49Sas,S26 li,iOs,i2
, Friday evenings Journal Of Commerce thu
/ refers to financial affairs;
The market is without further change in rates O
: | interest. Some Of the bankers will lend money a
Instances @ where aeeepta9ces Of Well bsnkers
at short dates, have been taken low per cent
Tncr ere than wss week or tWo since snd our 9To
tations fairly represent the current rates We quote
Loans call, stock "a
Prime i'm indosseS @ S6gi 6ilss SS days g
Prime indorsed bills IG6 months............ a I
y First-cass single 6la0l 4!
Other good D1ils...'.. 0nlO
The adyices per London mail lust at hand o so,
conciusveiy that the advance in rates Of interest
that point did not grow Of any financial neces
5 p @ fRSs e the nn
positively Of street rates for loans low as sS pc
/, cent, while the discount quotations main
n at 1908 per cent. Unless there is some furthe
s0aG Sc %Sra not
Foreign Exchange 5 is steady s most Pf the sern
| and tho market 6 without excitement. The i'm
Porters who deal directly with Europe have paid Vi
mttances are on account of purchasers of East lnd
Fridays New York Epening Post observes
The money market in its main features shows n
material change The supply on call is very free a
a 1
| do not accumulate to any extent the demand fron
e | Eastern Bankers who have large balances alb
sorbng much of the floating supply. Short bills ar
I, 5615ls per cent, and those running four and ST.
| MONTHS 51s(d6 per cent.
|, The foreign Exchange market presents no ney
e feature. There is moderate demand for bills o
4 London at lOg16@l09S. Francs are 513A@5l21s TO
u | select bills.
The steamers for Europe to o-morrow will take abou
one million dollars, though, in the absence of tn
Cdnddd's letters, which to arrive at five =. NJ.
l. | this is altogether conjectural.
n Fridays Boston Post remarks of Money il
2 that city:
Bank specie S6, 1926 0OO gain of SlOlOO The onll
check to the ease of Money is the fact that
a | the Banks have lent all the law allows. Money 4
abundant and dull at to per cent to first clas
loans Of any sort Outside call loans upon fair stock
\, | can be had at to IL.
Fridays Philadelphia Inquirer informs us
On the street, the supply Of Money still exceeds tn
demand. The market is still bare of choice names
, while those which make their appearance are readi!
taken at 5t16 per cent, according to time. Othe
names range up to IL per cent, though paper not
the better class is hard to sell at advanced
| Loans on call, 596.
: The rates of Exchange and Coin, at present
| are as follows: