Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-09-17
MONETARY AND COMMERCIAL.
FInnnclal AHhirs.

The Bankers look for increased activity in
Financial affairs this week, with an augmented de-
mSnd for Money, and perhaps large receipts Of Cur
rency. a r... ...-.
The market will rule closer than Il has done, but
anticipate no pressure nor alteration in rates Of
interest which will probably remain at 1O9l2 per
cent nearly the latter usually for irstclass
viii rule iieht-say ises2i Per cent. -,
several Of the leading establishment are prepared
take considerable Paper Of their custemers.,. a. a.
some 'SaI dealers beese Il % Will % While others maintain
that i Nv 3 so1tnUs e. S ri T'o bg ouT T pro9See
operators, and al present 1t appears as II tney "ouu
a hetier demand is Anticipated from the ccantry
Banks this week for Gold Of Whien ONLY hmted
quantity held at 5R IN fhs stFe Of obouv
and Missouri ILLINOIS and Wisconsin VIII probably
remain irm at 4 discount, with good demand for
Ne repeat our yesterdays quotations Of Exchange
and Coin;
New York sight....A@ prem. 45916 prem.
phia'''''...'.. 44b prem. 45@ ? prem.
BSitlmqre.. Ssso prem. iS99 prem,
New Orleans; ST; ais; azoa,o. par
FrdaS's New Orleans Picay1ms observes in regard
to Thursdaylasti
Nothing has transpred to-day to materially alter
ne condition o. the market and 6 business ruled
counted to the extent of their income without being
able to meet more than fraction of the aggregate
eemsud and the outdoor movement was restricted
class Paper. Exchange was very firmly held
hrOug0gt end the supply T HdieStgd NO &
for all classes of Bills continued unabated, and ow
ipg to the limited character Of offerings some of the
Banks still paid specie quite freely rather than risk
the contingency Of future supply. Rates are nom
in9ll, upShanged% % and we YS reps%to as follows
ll0l4 Bill Of Iading Drafts l0Sti 9l09 Francs 5f1j
@t20per doller. siXty-d?y Bills on New York. Sc,
mar
cent. premium, with some of the Banks asking e
premium. OFT.
Fridays New York Evening Post observes:
rowers find difficulty in supplying their wants Al
6%@i per cent, mostly at the outside rate. The
class names pass rapidly at per cent
Ihe steamers for Europe tomorrow will take onll
rope is dull and heavy at lOgJS@l095 for sterlinq
with small sales 1895. Francs at sight are 5.lO6@
b.llA, less q.
The payments in full on the Illinois Central share
are steadily going on. Six thousand shares hay
been paid up to this month. The sales in the LAM
Office on the Ilth and 18th inst, amounted to SIG
li6 so, and the collections to S7,75I ST. or tn,
S3,OOO,00O of Freeand Bonds, S2g2l, 900 have boeu
presented and paid.
The Hartford Comm Press Of late date says:
The home 81 trade in Tobacco is improynga a little,
week past at S@l4c. for ordinary wrappers, and as
nigh as lee, for choice lots The prospect Of good
creating new activity in the market, though The
week. -
The coinage at the New Orleans Branch Mint IL
$l3,O3l 25 in bars Total S5s,O3l 25.
Saturdays Chicago Times and Herald says Of Fri
days Grain market: ...-r.
There more doing in Flour to-day, and for
choice spring wheat brands advance of 5Dl0c per
barrel was obtained, the principal demand being for
shipment. The offerings of winter wheat brands
were very light: and no transactions were reported
on Change. Common Flour was dull and neglected:
the nominal quotations are Si694 so per bril- There
iy but little doing in Corn meal, and the market is
dull and nominal: sale of some 200 brls Iowa kiln
80 3I1S Der brl. on track
The European news by the last steamer has far
ther depressed tine market, and prices are lower,
The opening rates on Change were SIC. for No. 2
spring Wheat SIC for No. and SOC. for rejected,
but the market soon fell of TO 90c. for No. l.
for No. 2, and 79c. for rejected, at which a fair
amount OF business was done; few sales were also
reported, at sec. for No |, and SIC. for No p but
these were inside figures, and but few holders were
willing t. accept them; the market closed at $3.50
and few lots Of red were reported at 92@s93S fol
No: red, 81 for No. do, and 81 25 fer choice
white.
We understand that many parties in the countr,
are holding their Wheat and express their deter
minaton not to sell until prices advance sufficiently
Wheat. This we regard as bad policy, and oni
which will ultimately result in loss to those VIII,
pursue 1t There is no prospect whatever that an
such price Will be paid the present season, and /
must also be borne in mind that the farmers hay
more time at present to market their Wheat thai
they will have in the spring, for then their Who'll
time will be required to prepare for aud put in thei
CROPS for next season.