Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-11-20
MONETARY AND COMMFRCIAL,
FinanolaI AGaIrs.

houses was active to-day, but not so much SO
as twas on some days Of last week, and the
financial feeling was rather better The
Bankers were still very cautious about loan
ing, and continued refusing to accommodate
any but their own customers. Is ti4,.3 ..
For short-date frst-class. Paper we quote
l2@l5 and sometimes 19 per cent. as the
rate; while long Paper-that over sixty
days-can not be placed at all in the regular
quarters; some houses declining to do any
thing beyond thirty days. The market rules
close, but without pressure as yet, though
stringency is contemplated, and likely to
come. -....
The buying rate of Eastern Exchange was
steady yesterday at paT@1s on Baltimore; "A
on Boston and Il ON Philadelphia and New
York, and the selling price e prem. on all
points. New Orleans Exchange was un-
altered and quiet at par and "a prem. -
A good retail demand was still experi-
enced for Gold with better supply--some
houses having hardly any calls for Uoin-at
about "a premium, selling rate small lots
still going across the counter at lc. pre-
MUM. ac't10 no.
Some of the Banks on the uncurrent list
improved, as will be seen from the annexed
quotations: '1t "-.
Indiana Stock 4; Pennsylvania (interior),
"a Virginia Except Wheeling CITY and
branchesl ~; Missouri, 2; Iowa and Wis
consin, 8; Illinois, q Maryland (interior) q;
tennessee l915; Michigan and Canada,
discount; Alabama, Georgia and the Caro-
linas Except interior Alabamal discount.
Frlvate adyices received here yesterday
morning announced the advance ofExchange
IN St. Louis to premium, but as there is a
local demand here for Missouri as well as for
other Western Banks, the rate of discount Is
not altered. -
The New York dispatch to the Chamber
OF Commerce yesterday, had depressing
influence, as all articles were reported either
dull or lower. Here, Flour was more nm
settled than on Saturday, and prices were
nominal; superfine being quoted at 81 IS to
81 65; and extra at $4 IS to SIS 10. Whisky
was duh though unchanged 900 brls. selling
at l6c. Groceries were unchanged, with q
limited demand for all articles. Wheat de-
clined &c. per bushel; Corn and Oats steady.
Barley unsettled and Rye dull and droopine
PROVISIONS were remarkably dull with
very few transactions in any thing; 300 brls.
mess Fork selling at SIG per brl. The Hog
market was without essential change. In
the morning rather more disposition was
shown to operate, but the feeling grew dulI
again in the afternoon, and at the close II
was flat. There were few buyers at Sc to
$6 10 but there were also few sellers below
SO 10 to Sc 20. The transactions of the day
reached 2,526 head at Sc 10 to Sc 30: the
latter rate for heavy Hogs.
The following are the Imports and Exports
d. the various articles during the forty-
eight hours ending yesterday noon
;b.pOrtsmApples, e65 brls Barley, $3.50 bushels.
outder, te ls5 pkgs Corn S639 bushels Cheese 26O5
aes Hogs 6865 head Lard 6rIs oatsy tay iIS
Slt 5s brs bsa!oeSD o tOarrels Rye lId0 bushels
'arrels -0T''~'. "--'N'' '1'
Eagort'oApples, 474 barrels; Butter, ss9 packaoea
Coee Bags Foul s S9ss bris Sihe1Hss, Hsy l5st 81
ales Lard, 25S ,brls; and 9ls Kegs MoIasses IA
erces GSs SaTrss & poFE 6o9gs Sna
o1tatoes S1t S IG 5arres Rye 1o4 bush Sugar g. 66ds
arrels. ' ''1 "u'n'' "nlSky' 1896
Concerning Provisions and Hogs, yester-
ay's Louisville papers remark: II
Provisions: sales Of old mess Pork at SIS Is and,9O
rls! new mess at Sl7 Sales Of 80 casks Bacon at
kegs Lard at l2c., and 100 do do at PIC on or,
ers. Sales 300 pieces sugar cured Hams, early DE-
Hogs-NS change: sales of 200 Hogs at So net four
months. m There were $500 head in the pens Satur
gX me e., s9nHghter nlg yesterday (Sunday)
itHlIiinan, nmnincan 1000
'"sieS :" roo
As the Weather will be propitous today ali I0
ouses will be in active operation. ' "'' 'ho
we annex comparative statement of the |
IMPORTS OF Foreign Dry Goods at New York |
Or the past week and since January /:
For Me Week. 1883. 1889. 1860
nt,d at the Ports .8lL754$ l2S7,9sI 8 l,235ss4
~ sy,oo On ~ mqrket'' S26'69S llS4,934 I,O6342i
PtS PtS at the Port s3sSs52 IS9s2 goseso
Saturdays Tribune says of Fridays New
ork Stock market:
Etnelrs co,,,o ont frooI,.
W exceptions, lower prices were again established
ne bears also appeared to have acquired new cour.
lille there was less disposition shown iteefS To- tSFs
lem: The bids on buyers options were not numer |
Ike time orders in the present state of aara kg b
am feature OF the Stock record is the sales for |
oders of shares and those having Contracts come Sne
. que The other features of the market are
I'D the causes of the fall day are remoteiy' pre
seiy the same as inaugurated 1t month aKo ana |
oond B a1e9S t5e marRa %aS of Money AZ
le regular session further decline was established
ie week There wat large business done in rain
,ad Bonds, without any important change in
re depressed Missouris sold down to 7l6: Pan |
per cent. 'N N''ii"o
Touching Money and Foreign EXCHANGE
bserves
UGH Importance. The infreauency 81 fiiures eo ~
,clally among the Stock houses, is the Constant
eat strength and an absence Of undue expansions
he Money market to- day on call was rather lesi
buses there is no ameioration Of rates TSs ciiI
mt rates for strictly giltedged Paper are I0ei2 per
sos per cent. Names have been sold at IA 'nsr
mt, which month ago could have been passed
eIe is but little currency for the best s79nai 71H
res. rms difficulty in using Bills receivable ia
nts many transactions from being consrmmafeS
lere were very large offerings at the leading banks
nee OF three times as much as they need. The |
lGunt discounted was light and tho line OF Loans
tue BANK statement Of Monday must show con- |
lerable contraction. The business of the Custom
use was S2S,7lS, 900.
me buyers Of produce on foreign orders have |
md It impossible to negotiate their Bills Good
thin e per cent Of Bankers rates, have sold as |
v as par and the best city drawers have sold from
ut must be at the close considered the tor Of he
tIket. francs are even more difficult to sell than |
O@5.SO, although some drawers ask 5'23s5- The
Of the decline appears to be, not in the
nitteTs; The importers, for the last year. have |
such facility in the negotiation Of Bills Receiy-
d rather in advance oftheir liabilities,
Ihe Ihe consequence is, that now, when Money has
n 70 buy Exchange. When to this is added The
lls trom the large exports of Breadstuifs, &c in
At the rate of Exchange should seriously decline
9 fall, however, has been aggravated by the |
htness Of Money at a time when executors OF
eign n orders Tor Breadstutls must sell their Bills in
at rates which will pay 6j1 per cent profit on
import 81 gold, and the TRANSACTION can be made
mn mn y tfhMitty Y days The result Of this state of
. our products will be, accompanied by the gold
tead OF credits, and indeed we hear that such di-
tions have already been given from this side.
DaIiy Produce Marker.