Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-06-13
MONETARY AND COMMERCIAG.
financial

ness was quite as dull as it was the week
previous. Money was in less demand, and
the market was easy, even more 30 than II
had been; while prime Paper was in request,
as before, at the regular houses at l09l2 per
cent Currency augmented during the week,
and was in excess of the legitimate demand.
Eastern Exchange was still rather infrm
at q premium, though checks could be pur-
chased at 9S@4Oc. by customers ofthe Bank
ers. Baltimore Exchange ruled at about 4
premium when dealers drew at all on that
point.
Gold was very dull, and readily obtained in
any amount at ACC. OF premium.
Kentucky sold at 2 discount for the Banks
in general, though one or two houses took
them ofcustomers at \; while the Farmers
Bank and Northern Bank were still pur-
chased at l discount. Other uncurrent Funds
were as follows:
New Orleans, 3@5; North Carolina, 50i
Pennsylvania Gnteriorb $685. Virginia
wheeling City(, Is; Wheeling Branches,
is; other solvent Virginia, 20@25; Mis-
souri,, l2@l5; Iowa, 3@5; Wisconsin lsolvent)
l5@2O; Wisconsin (disCreditedl 65@7G llli-
nois (solventl 40; Illinois (discredited1
6O@7O; Maryland (interior), 81; Tennessee
fold Banks( 5000; Tennessee Gree Bsnks6
2O125; Michigan and Canada, 3; Alabama,
So South Carolina and Georgia, 80 discount.
Our rates of Exchange and Gold were as
follows;
Rev York Sight. par@4 prem. NON prem.
s asttSa.,e","..:...." pare Prem: Sg prem.
baItlmoLe....""'.''''E aus P'e"'
American Goid....par@H prem 4Oo.@S prem.
Flour continued very much depressed
yesterday, and rates were irregular, super6ne
being quoted at 81 25@4 40; extra at 81 500
4 so, fancy and family brands at 81 1905.
Whisky was in good demand, and prices
were &c. higher. Provisions were in no
request, and rates merely nominal. Coffee
and Sugar were firm, and Molasses was dull.
Wheat ruled steady, with a fair local and
export demand. Oats, Rye and Barley re-
manned dull, and Corn was in limited demand.
The Imports and Exports of various arti-
Giles during the twenty. four hours ending
yesterday noon were as follows:
Import-Butter, 147 kegs; Corn, 1920
bushels; Cheese, l72 boxes; Coffee, l,244
bags; Flour, 1850 barrels; Hay, 81 bales;
Hogs, 1871 head; Lard, 2 kegs; Oats, 500
bushels; Pork and Bacon, 2 hogsheads, and
6 boxes; Potatoes, 908 barrels; Rye, 295
bushels Salt, 444 barrels Sugar, 2 hogs
heads; Wheat, 1921 bushels; Whisky, 1863
barrels.
Candles, 29S boxes; Cheese, 1913 boxes: Coffee,
$50 bags; Flour, GAL barrels; Hogs, $50 head;
Molasses, 70 barrels; Malt, 1872 bushels
Oats, l6 bushels; Pork and Bacon, IL hogs
heads, So t~ierces, and 225 barrels; Potatoes,
81 barrels; Rye, l63 bushels; Sugar, II hogs
heads; Salt, "a barrels; Wheat, 800 bushels;
Whisky, 2Ol barrels.
Tuesdays Tribune observes respecting Mon
days New York Stock Market:
With a moderate degree of activity at the
Stock Board this morning, prices were bet
ter, without any special reason appearing
on the surface. There was not much bust
ness done in Shares, the most active being
New York and Illinois Central, but in State
Stocks the transactions were again large.
The market opened at some improvement
on Saturday, but fell off as the call pro-
ceeded, and closed at a decline; the supply
of these Bonds from the West continues to
be large, and it is truly surprising that the
market is so well sustained. There has been
some English absorption, and doubtless
some buying by the residents OF the border
States, who very naturally have a better
opinion of these Stocks than capitalists at
the North have, but these do not seem to
to afford sufficient resting place for the mil
lions which have been thrown upon this
market during the past three month";.
AT the Second Board the market for these
securities was again weak. Virginias and
Missouris falling off Il per cent. In the
Share Markstihe quotations at the morning
Board generally had an upward tendency
bRtg The actual improvement was limited.
u Psost buoysnt Stock was Pacific Mail,
FBtsh sold at 80 on Saturday. Under pur.
ehAfesto day of $50 Shares it advanced to
.6lH2 Between the Boards the transactions
wssS very small, but quotations were we'll
sustained. At the Second Board the market
was lapguid, and under rumors of fighting
at Baltimore, prices were slightly lower.
There was very little disposition TO buy, and
the bears were e~ndeavoring to put out again
the Stocks they had been obliged to buy in
TO meet maturing contracts.
The only important change in prices was
the further advance of u per cent. in Pacific
Mail. Galena was Il per cent. better on
IumoTs of considerable increase in the trafi C
Of the first week of June. New York Cen
trail fell of Is per cent, and Rock Island 4
per cent. The transactions in Bank Stocks
we're confined to 10 Shares American Elk.
hoh a ~ ~ 81 L L pduh Nv
80. The demand for Government Securi-
ties is fair, aud the market is firm. The
Skies OF 1881 sold at S3R@93%, against
63R on Saturday. The business in RAILROAD
Bonds was confined to S., 900. The holders
are very firm for good descriptions, which
checks business. In the street, after the
regular session, great dullDess prevailed, aud
the market was week, without quotable
change in prices.
The same number of the Tribune remarks,
in regard to last weeks New York Bank
statement:
The Reinstatement of Averages is salts
factory, although it does not indicate the
actual strength of these institutions. The
Specie line shows a nominal decrease of
$665,000 under the payments into the Sub
Treasury and drain 10 the West, but the
actual amount to. day is some three millions
greater than on last Monday, and is daily
Increasing. The decrease in Loans is three
quarters of a million, Notwithstanding the
movements in Government Loans; showing
that a considerable portion of the maturing
mel camille Paper must have been promptly
paid. The violent perturbation in Deposits
was unexpected, and does not harmon re
with the rest Of the statement.
The following is a comparative statement
ofthe condition of the Banks of New York
City, June / and June 8:
June 1. jane 9.
Loans ........S llS, 200, ISL Sll7, 5G9,G 75 Dec. 1871, lPt
sPeeie:r.... sSto2 4o2 s6-ss7G25 Dec. 6e527l
DepOsits....... 9~O,l97,459 s~7,655,76O Dec. 2,5iO.69
Tuesdays New York papers say of Mon,
days Monetary affairs:
Foreign Exchange seems to be at a deaC
lock again. There are no Bills in market,
and there is no demand. Bankers would buy
first class Mercantile Bills at 1851, anC
would sell their own at 1851, but they cal
not do either one OF the other. There neveI
mac hafnHa - 1sfk1a 1an,aAa g. Dill. ~.