Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-11-26
MOEETARY AND C0MlIERCIAL.


Financial Matters.
In Monetary matters the Bankers look for
an improvement this week, and some health
ful movement in business. The Boston and
New York Hanks, IL is thought, will proba-
bly, continue their regular course, affording
discount to the hardtup merchants in good
credit; and that this will give confidence to
other cities, and result In the speedy resump-
ton Of the suspended institutions of Balti-
more, Washington, Charleston, Richmond
and Philadelphia. Wshope for the best, but
fear that the panic will continue longer than
is generally anticipated, That there is no
reason for II, every one admits; and yet they
can not exercise il, norremoveits disastrous
effects. But sooner or later, the people will
become reasonable, and see that they have
been causelesslyi alarmed; and at that
moment Financial matters will resume their
usual course. .a -lsf
If we have no more trouble this week, the
discount on UneuIrent Money and the pre-
MUM on Gold and Exchange will probably
be somewhat reduced; but we look for no
immediate decline in figures. Money must
remain close for some time, and we hardly
expect it to be worth less than 2 per cent
month in the street during the remainder of
the year. -.--. --..-,.... t.
likely to advance muchin price for the pres
ent. We think Sc large price, and do not
wonder buyers are unwilling to give it.
Holders will now submit to So 70 if they
find they can get no more, as seems probable
just now. ..L,
Saturdays st. Louis Republican remarks
of Friday ir1I .t a5 sa
Money matters are without the slightest change,
Banks fnd themsei yeS unable to extend discounts
a. desired and are Pgyng eRe entnga p ae
tations at x to ~ per cent premium as the selling
rate for Sight-checks on New York and New Or
leans, but the rates are almost nominal y -
Is at a discount fron Bankable funds OF from to
8stutons ffp n3 dee5e in il take ii from customers
with the Understanding that 4 Is TO De eheeEed i
convertible into Exchange. Gold is at a premium
of from 3 to per cent, with but little Offering
ouiry as to the course our Banks will pursue in view
Of the disturbances which have caused 50 many OF
ments. Nothing thus far has been determined on.
Saturdays Chicago Times observes con-
eerning Friday: a5> fI' -'
There is nothing new in Money matters. Things
are at a standstil, both as regards Currency and
are disposed to wait for it. Eastern Exchange con-
stances higher rates I have to be paid BY outsiders
The general feeling among our merchants Is that
te Ts'f 6e Sah Si 81 Hds amy @
which will go forward to the East during the next
and have a tendency to ease matters up very ma
ttrialy Private advicss from ST Louis assure us
of Missouri, are we'll fortified for any emergency
which may arise Their line of circulation is small
and their Specie list large. E.i q f' r .Iy"
OF Fridays Grain and Produce Market,
Saturdays Chicago papers say:
The Wheat market opened firm this morning, and
before the receipt Of New York dispatches prices
had advanced 2@3c No2 spring sold up p, to S6s75c;
After receipt of New York dispatches the. market
was weaker, and prices declined TO 75Hc, for No;
Ess a sc r t
charge from yesterday A few bundled barrels
BSe sS E os r9g d6nhss dn wSSd e. p ne
quiry. Rye and Buckwheat do. dull and unchanged.
T9srS na% @xed s ana & G
Oats, Rye and Barley are very dull, without any
Grass Seeds, but the mark ct is firm at S2a2 25 for
Timothy and sS5 2sto Glover There Is 6St lt, +
fll do not anxious to go in at present prices
But gacksrs are firm and say they p can not sell at
for Hogs. Mess Pork may be quoted nominal at SIG
@l6 So and Lard at le5c, in tierces and barrels.
CHICAGO CATTLE AND HOG MARKET-FFi-
dan EreninO November 3-The receipt of Hogs yes
teIdSy were sG head Ss against 2slS F b, the
demand both from shippers and packers, and the
yards were pretty well cleared out at prices ranging
@ oS 3 6oeF eF SeaSg & TSc
receipts of dressed Hogs are not sufficiently large
and the only demand Is from butchers, who will
only buy small lots, and commission men complain
Of a dull market Cattle are dull and rather lower
except for choice lots. Sheep are in good request
| and the market active. - p,
5O 81 do averaging 26O, at 81 IS; 80 do Gyere gng
gI9 at s2 a. ayeraging 0s0 az S2 25 ~ ayeTa q ns
The sales Of Hogs wee 4s, averaging 49, at s5 oO
@ n % a
1906 averaging 275 at S5 a., averag Dg 1885, at 81 55
g. averaging 3s at g. 10; l6 averaging 27o st g.;
2 averaging ISL So TO- 225 averaging 2s5 at S5 "a,
averaging 270, 81 9O 50, averaging 25l, at s. 80.
BOSTON BooT AND SHOE MARKET77t5siday,
| Noreniber 23.-we have improvement, this week,
| to record in the Boot and Shoe market. Very few
orders received from any section. Letters from
tight Money market and requests for extension q
Paper eomng due This state Of ssiTs VIII last sTt
the wish Of every true lover Of his country, WhS
ing Storm Is the report Of the failure of Philade
phia house Of high standing. Their large inde6t
manufacturers and dealers here, and win caus,
them to inquire more closely into the means aus
small manufacturers here, announced at the sam
time, should call forth similar inye5sigation on tn
trn States have been hardly equal to expectation
The dgant cotriers of the Western trade" spoken
rary, have not yet made their appearance in Pearl
street, and when they sthere are goods enough ef
over to break their ''uncOnscionable fast. n
We hope manufacturers viii not be too sanguin
| of large demand from the West next winter; 70
although that section is in comparatively goo
position yet even the large crops OF the present
will not pay of the Indebtedness. Also, If the de
mand from Southern dealers should be limited (an
there Is now every prospect of it. they have no'
nearly goods enough to carry them through the SEQ
SOM, we have large houses here who do almost q
exclusive business with the South, who will come /
and bid for the Western trade. This is the time
ponder these matters, and we hepe manufacturer
will give them serious attention before making u
their spring goods. There ia prospect of lowe
prices for stock, and this is perhaps CLEAN OF CON
fort for tho cutters of leather.
The total shipments of Boots and Shoes by rail an
sea- for the week, have been S,72l cases, Corr
spending week last year, 1856 cases. .