Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-10-08
MONETARY AND COMMERCIAL.
Financial Affairs.


Considerable disappointment was expressed
among the Bankers, last week, at the quiet
ness of business, which, it was thought,
would be more active; but the opinion at
! present seems to be that there will be no
marked animation in financial cirles until
! about the lst proximo, when the packing
season will begin.
The heavy portion of the dry-goeds trade
! being over, and the manufacturers having
no large orders to fill, we must look to the
Hog trade for the desired Improvement
Money has been going easier for fe W DAYS,
and nearly all the Bankers begin the week
with larger deposits than they had at the
commencement ofthe week just past.
tirst-class names are done without diff
Gully in the regular quarters at I0@l2 per
cent; though there is no disposition to ac-
cept that having more than sixty days to
mature, as before the expiration of that pe-
rlod Money can be more prohtably invested
than now.
Eastern Exchange is very firm at 9s(a40c.
buying, and q premium selling, with slight
upward tendency; but we have no doubt the
rates will remain unchanged.
Gold and New Orleans Exchange are quiet,
and Missouri, Iowa, Illinois and Wisconsin
Notes are purchased in Third-street at dis
count.
Fridays New York EUsning Post observes
The Money market is easier to-day at per cent.
on CALL Lenders, however, make no concession in
rates, the demand still continues fully mp to the
supply Paper of first grade goes at 7617s per cent
Exchange on London is weak at lO9@iO91Ic., prn-
cpal sales at lO94@l09b for best mercantile bills
Saturdays st. Louis Democrat remarks in
regard to Friday last:
The Money market is very quiet to-day The de-
mand for Sight Exc hange on New Orleans at T per
cent prem is quite active ewing 70 the smppostlon
The demand here for Eastern Exchange is not so
large' Though the rates are firm at A@l per cent.
Palmyra, Columbia, and other points, in the last
few days, will make dealers easy for time And
present rates of Exchange continue urexchanges
and letters from Chicago quote an advance in rates
buying.
A new and dangerous $40 counterfeit note
on the Merchants Bank of st. Louis, has
made its appearance in that city, and may
be detected by this difference from the genu-
inc bill. The genuine has the picture of .
steamboat in the lower and right corner,
with the ensign floating only to the second
spar. The initials A. B. N. Co. (American
Bank Note Company near the lower left
corner in the genuine, are a sixteenth of an
inch below the hair-line above, while in the
counterfeit the hair-line touches the ton of
the initials. Also, the counterfeit engraving
is rather heavier than the true. This is the
most dangerous counterfeit that has ap-
peared here for long time. 1t is lettered b.
Saturdays Times and Herald remarks
concerning Fridays Chicago Money market:
The demand for Eastern Exchange is large, and
owing to light shipments of grain the supply is
small, and rates st at quotations, and in some TO-
stances bankers are buying and selling at the same
rates. But the arrivals Of grau vessels to-day were
large, and as some heavy shippers have been wait
ing for vessels t9T some days We shall expect e see
day and n y nSt positive tt dscPs in
rency in good demand but the supply is ampe for
all the present wants Of the business cOmmuuity
and We hear of but little complaint from that
quarter. We hear that one two of the Illinois
BANKS have been protested during the past few days.
but this creates no stir here they amply se-
cured, and their bills wiz doubtless be redeemed at
Springfield before the expiration of the time re-
| quired for their redemption.
! In regard to Fridays Grain market, Sat-
urday's Times and Herald informs us:
The receipts Of Grain to-day were large and the
business in Wheat was greater than for any pre.
yious day this week, both shippers aud specnlators
taking hold freely at an advance of l@l5Sc on yes
terdays prices No. spring sold freely at fc
and few sales were made at SIC. No. was in de.
| mand at sS@s9c. Corn was also higher, but the
transactions were not 50 heavy as yesterday Flow
remains dull and to effect sales concessions would
| have to be made by holders. Oats, Rye and Barley
are dull and neglected.