Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-12-20
M0EETARY AND OOMMEROIAL


Monetary matters rather improved herei ana
the supply of Currency somewhat aug
mented, though few of the Bankers men,
ton no perceptiDle change. Discounts were,
rs before, very difficult of obtainment and
given sparingly; none but good customers
being able to get accommodation at all. In
the street Capital was scarce, and easy to
loan on approved securities at 2@2H per
month, thoteh few operations were made.
Yesterday was quiet, and Bankers felt in
better spirits than they had for week pre-
,vious; though no one as yet pretends to see
the result of the present political-fnancial
troubles.
Boston and New York Exchange, which
was u during the week, declined yesterday
to ~ premium selling, and was in fair de-
mand at the reduction. New Orleans Ex-
change was quiet and quoted at 21@l pre-
MUM. Gold was steady, and in moderate
request al ~ premium-a decline of 4
during the week. The stock of Coin is not
large, and there is no anxiety to dispose of
it Just at present.
In Time-bils on the East or South nothing
was done during the week, and rates are not
to be given.
Uncurrent Funds underwent very little
change during the week, as will be seen from
our quotations:
Indiana Stock, specie-paying, 8; Pennsyl-
Vania (interiorl o. Virginia, Wheeling and
Branches, 507; other solvent Virginiq, 10;
Missouri, IL; Iowa, 10; Wisconsin, 15 Illinois,
solvent, Is; Illinois, suspended, 20; Maryland
(interior) 5: Tennessee, old Banks, 5; free
nd x. 10
bsma (Mobilel 10; Alabama (interior), 100
10; the Carolinas, lO@l5; and Georgia, so
10 discount
The rates of Exchange end Coin at the
close of the bank-hours yesterday were:
Buying. Selling
EsyyoT New York sigh'. .a4 prem prem, II prem prem
Philadelphia .....-......1a@l dis. par.
New Orleans a Z prem fparsm SS
American Gold..........49l prem. IL prem
Flour was unchanged yesterday, and
Whisky was &c. per gallon lower. Grains
and Groceries were uualtered, and very few
transactions occurred in Provisions. Hogs
opened fiat, and the large receipts and bad
weather had an unfavorable effect on the
market, which closed heavy; buyers Offering
So 10 So Is, and holders asking S. %.
The following are the Imports and Ex-
ports during the twenty-four hours ending
yesterday noon;
Imports-Apples, 70 barrels; Barley, $50
bushels; Butter, 220 packages Candles 20
boxes; Corn, 3, 46l bushels; Cheese, l6 boxes;
Flour, S25 barrels; Hay, 1875 bales; Hogs,
S,5o3 head; Lard, 1853 barrels Molasses, 652
barrels; Oats, 8, 249 bushels; Pork and Bacon,
46 barrels and 4e5Oo pounds; Sugar, 7O5
hogsheads; Salt, 800 barrels; Wheat, 1850
bushels; Whisky, l,723 barrels.
EzpOrts-Apples, 280 barrels Barley, so
bushels; Butter, 1ls packages; Candles, 3s6
boxes; Cheese, 2Sl boxes Coffee, 222 bags;
Flour, 594 barrels; Lard, 1872 barrels and 500
els; Oats, S6S bushels; Pork and Bacon, 90
hhds., tierces, $50 barrels and 6l2 boxes
Potatoes, SO barrels; Sugar, l39 hhds.; Salt
344 barrels Wheat, 626 bushels; Whisky,
6l0 barrels.
Yesterdays Louisyile papers say of Tues
days Provision Market:
The general market was dull, except for
mess Pork for which there was considerable
inquiry, with a sale during the morning of
500 brls. at Sl5 so. Later in the day there
was sale of 70 brls. at SIG. With the ex-
ception of the advance on mess Pork there
was no new feature in the market, with little
demand for other articles, and no change in
prices. There was TO movement in Hogs.
Our packers are offering $5 % for heavy
Hogs.
Our Tuesdays New York exchanges thus
refer to Mondays Stock Market:
The Stock Exchange opened this forenoon
under pretty firm feeling, induced by the
assurances of quiet Money Market and a
continued good request for the American
staples, in England, received by the mails of
the Europa. The State Securities recovered
part Of the decline of Saturday, and the Rail-
way Share-list was generally higher than at
the close of that day. Soon after the ad-
tournament of the early Board, six days later
news from Europe by the Bohemian, off Cape
Race, was made public, and the telegraphic
summary of the market advices from London
and Liverpool gave increased frmness to
New York Central, Illinois Central, Erie
&C., On the street, and caused fresh upward
turn at and after the Second Board. These
advices quote good inquiry for American
Stocks in London, and much steadier mar
ket in Breadstuffs than was apprehended in
response to the state of the Corn Exchange
on this side, about the Goth or oath November.
Our Stock Exchange, it will be borne in
mind suddenly recovered about that time
from SOLO per cent, the mail of Saturday,
November "a carrying out sales of New
York Central at 78%@79; Illinois Central,
630G4, and Erie, 3l@3l% per cent. The
absence Of further exciting political news
from the seat of Government this afternoon
also assisted the market at the close of deal
iDgs, while the continued scarcity of certain
speculative Railway Stocks for immediate
delivery, caused short sellers to move with
caution in throwing ahead their contracts.
The differences made between cash and
seller three OF ten days, of late, have been
unusually Wide--as much, in some instances,
as 2C93 per cent. on New York and Erie,
and, ,l9l% on New York Central and Illinois
Central, for the use of the Stock for fe "
days. The disappointment is also great
among the speculators for the fall that our
crisis news which went out to England about
the 18th and 18th of November failed to Sc
TiOusly depress American Stocks in that
market.
Tuesdays Times speaks OF Mondays Mon,
etary matters as follows:
There was an inclination TO dullness il
Foreign Exchange early in the day, the bes
Bankers bills being quoted at l0349l04
and transient Bank and merchant bills 1922;
@l03 per cent, but after the English news
to December 7, advising further remittanceI
of Gold, the market was frmer at l04 fol
Bankers and l02gl03H per cent. for tran
sient Bank-bills and best merchant signatures
Thus far the business for the Asia, sailing
direct on Wednesday, is not large, the tradI
demand being again of a light or retail char
acteT. The market for Money is easier ol
demand Loan, some of the private lender
accepting per cent, though per cent. i
still the rule among the Brokers and witt