Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-12-03
NOEETARY AND COMAIERCIAb.


In Monetary matters further improve
mcnt is looked for this week, and increased
animation in general business. If the Pork
market be as active as anticipated, the Bills
thrown on the market will cause decline
in Eastern Exchapge-perhaps to q prem.
Gold will, of course rule as Exchange. 1t
is in little request now, and is accumulating
in the Bankers vaults.
The Monetary market continues close, of
course, and nothing can be predicted of the
future; so many and various are the finan-
cial influences at work in other parts of the
country. Cincinnati is safe and strong, and
if matters were settled in the South, we
should now he enjoying very brisk trade.
Uncurrent Money will probably improve
this week, though not so much as it did last
week The rate is now about discount for
all Notes that are deemed solvent and safe,
willie the Western Banks rule higher.
Unless there are new disturbing causes,
Hogs will, we think, advance somewhat this
week, and holders will obtain So 20, in a
day or two, without difficulty. At that price
the market closed on Saturday, but buyers
would not pay the figure.
Our New York mail failed yesterday morn
ing, and we are without Friday evenings
advices from that city.
Saturdays ST. Louis Reput hcdn remarks;
There is a more cheerful feeling in busi-
ness circles since the recent action of our
Banks. Discounts are somewhat easier. Ia
the Exchange market the supply was re-
ported as rather better. The rates of draw
ing with the Savings Institutions continued
at five per cent, but the Bank rates are
lower customers being supplied, though
spa iDgly.
Currency is in supply, but the rate of dis.
count from two TO three per cent, is un-
changed.
The Western Bank of Missouri at St.
Joseph suspended Friday, on hearing Of the
suspensions at ST. Louis. 1t is said that the
| Farmers Bank, at Lexington, has suspended
| also. Some of the Institutions are consid-
ering the question of liability under the law
| Of dealing in the notes of suspended Banks.
Saturdays St. Louis papers say of Hogs
on Friday:
Hogs were considered somewhat frmer,
with but few Offering. ] 800 to 1000 head
! have been sold within three days, at 81. 80
and &C., the last for hogs of 200 lbs. weight,
and for still heavier weights So l211 per 100
pounds. About II, 900 head have been slaugh-
tered in 81. Louis up TO this date.
Our Saturdays Chicago exchanges observe
! There is no alteration worth reporting in
Eastern Exchange. Rates are stiff at per
cent from the Backs, but very little is being
made by shipments of produce TO the East,
nor is there likely 10 be much made so long
as prices Of grain, -four and provisions re-
main so low at the seaboard. Yet many think
that the worst is past, and that in short
time the msIket will react, and both Finan-
oial and Commercial matters improve.
The same papers thus refer to Friday s
market:
The Grain and Flour market continues
! dull and Wheat I@l%c. lower than on
! Wednesday, The reports from New York
this morning show no improvement, and
buyers show nodisposition to operate unless
hey can buy at decline. Flour remains
about the same as on Wednesday; a few
sales were reported at $494 Is for extra
Eands of spring wheat. Corn dull and ne