Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-10-15
MONETARY AND COMMERCIAL.
FinaDclnI ANn,Y..

For the past three weeks Monetary mat
ters have been unusually quiet for the season,
and the demand for capital less than was an
ticipated-a condition of affairs that will
probably continue during the present month;
indeed, little animation can be expected
until the 9th prox. the period fixed for the
Presidential election. At that time the
Pork season will have fully opened and a
large amount of Money will be required by
packers. The market will then be close, as
It always is, and all the capital that can be
raised will be actively employed in the pur-
chase of one great staple.
The Discount-houses at present have only
moderate offerings Of such Paper as they de-
sire, but the approved kind is readily done
at l0@l2 per cent, while second-class names
are disposed Of in outside quarters at l8024
per cent. per annum. The stock of Currency
Is not very large, but being in excess of the
demand, a good deal is lying idle in the
Bankers hands.
The frmness Of Eastern Exchange con-
tinues without any marked activity at "a
buying and a premium selling the Assert
ing-houses furnishing the greater part of the
supply by the return of Bank-notes to the
adjacent Banks.
In Gold very little is doing at 4 and *
premium, and New Orleans Exchange is
quiet at N9H discount and par, buying and
Time-bills areunchanged, with hardly any
making, and Western Uurrency-Missouri,
Iowa, Illinois and Wisconsin-is still pur-
| chased by the Brokers at / discount
For Hogs the demand increased during the
| past week, and prices were higher. There
| has been large demand for early November
| delivery 200-pound porkers being held at
| Sc 20 per cental-a rate which buyers do not
feel inclined to pay, though SO 90 to Sc 621S
| Sc h., l.. n
! Hogs can generally be had. Operations dur
| ing the latter part of the week were mostly
on private terms; buyers fearing that the
| report of prices would cause an excitement
and an advance in the market.
Friday evenings Eastern papers, due
| yesterday morning, failed to arrive, and,
| therefore, our mail dates are no later than
| from which we have already extracted
| There is nothing new in the financial affairs
of New York. Money in that city remains
very abundant, and freely offered on Call at
6@6% per cent, though the bulk of the
business is still done at per cent; while
strictly prime Paper is easily placed at 6%
| OF per cent.
Saturdays louisville Courier learns. by
private letter 10 one of the Grocery-houses
there, that some of the planters in the South
had commenced grinding their cane, but not
being able to get but few hundred pounds
to the acre, stopped, and will now wait for q
week or so before they commence again.
The weather there has been unfavorable for
the cane, and it has grown but slowly.
Saturdays Courier says of Fridays Pro-
vision market in Louisville:
Mess Pork continues dull, with more selling than
63ying i 10 inc market I'm az sls at which price small
mand for Bacon was larger to-day, owing to the
light stocks in the South. The sales to-day were
for clear rib, and i324o. for clear Sides Hams are
cured. Small sales of Lard at l315c
In Monied circles in st. Louis little is
doing, as the Banks are still unwilling to
put out their notes, which are liable to a
speedy return. Eastern Exchange rules at
q buying, and l premium selling and New
Orleans Sight tends to advance even beyond
q premium. This paragraph, from Satur-
days Democrat, does not speak very favor
ably for the business, present or to come, of |
St. Louis:
Quite movement is making among renters, in
favor ola reduction Of rates. in both business houses
and residences, corresponding with the curtailed
tiSn Of Is per cent om 900 down to ss0oo per
ssnnuml has been granted by two OF, three land
number of other tenants, who will seek houses on
the Leyee and other streets if it be not granted.
Some are paying $4,000 per aunum fer double stores
who refuse to pay over $4,000 hereafter.
CHICAGO oGRAIN-MARKET.-Satur Times
and Herald observes
There was but small demand for Flour Yesterday
and the bulk of the transactions we're confined to
filling orders at 50 23 70 for spring wheat 81 By
"a 70 for extra and choice extra spring and a few
sale at shade higher There was fair inquiry
for Wheat at the opening of Change at S5c. f No.
2; ssG for No. do and 90c for Chicago and North
western Club. After receipts Of the morning dis.
pa ches from New York, the feeling was firm at an
advance Of &c, closing firm Corn opened dull but
closed firm Oats were dull and lower Barley and
Rye uuchanged. FTeiehts firm and advancing with
large Ius'ness doing ia charters at l4c. for wheat
I, Bu1ilO and Port COlbQrne. The following table
gives the receipts and shipments for the twentyfour
hours ending yesterday and for the corresponding
period in 1853:
RECEIPTS.
1850. 1859.