Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-06-15
MONETARY AND OOMMERCIAI.


Gay Out they were more unsetueu IMAM on
any previous day Of the week, and Bankers
were even more cautious than they had been
respecting the character Of securities they
accepted. Firstclass Paper, however, was
freely, done at lO9l2 per cent, when pre-
sented, and inferior grades went at no rate
at all.
Eastern Exchange was inactive, and
generally dull at 26@K prem, but some
houses called 1t steady at the latter figure. |
A number Of Government Drafts were
thrown on the market. Baltimore was nomi-
nal at par, and we did not hear of a sale of
consequence. a1
Gold was in more request, at 4 prem.
dealers paying par @ u, the latter only TO
customers.
The Farmers Bank and the Northern
Bank continued TO sell at l, and the other
Kentucky Banks at 1K@2 dis. Missouri
Notes were higher and ruled at Is discount
though no one cared to buy any large
amount at that rate. Other Uncurrent Funds
ruled as follows:
New Orleans, 3@5; North Carolina 80
Pennsylvania (interiorl 395; Virginia
is; other solvent Virginia, 26@25; Mis-.
souri,, 10; Iowa 3@5; Wisconsin (~sOlvent)
1926 Wisconsin (discredited), 6507O; Hi.
nOis (solventl 40; Illinois (discreditedl
60@70; Maryland (interior6 8; Tennessee
Told BanksG 1920; Tennessee free Banksl,
2O@25; Michigan and Canada, 3; Alabama,
so South Carolina and Georgia, so discount.
The rates of Exchange and Gold were as
follows:
New York Sight. pardsG prem. x@2 prem.
Philadelphia..-" par@A prem. b@h prem.
ston...""".""".parG g prem. b@1 prem.
Baltimore...".-... a. dis. par.
American Gold. .par@% prem. x prem prem.
There was no improvement in Flour yes
terday, and prices continued unsettled and
nominal, superine being offered at 81 % to
81 40, and extra at 81 so to 81 60. A few
barrels Of fancy brands were disposed of at
81 80 to 81 80. Whisky was still in good
request and the market firm. Nothing new
occurred in Provisions, for which there was
no inquiry, and rates were nominal. Gro
ceries were unchanged. The offerings of
Wheat were in excess of the demand, and
the market was dull, without change in
prices. Corn, Oats, Rye and Barley were
dull.
The Imports and Exports of various arti-
Giles during the twenty. four hours ending
yesterday noon were as follows:
lmports-Butter, "a kegs; Corn, LAP
bushels; Cheese, 33l boxes; Coffee, 624 bags;
Flour, l,477 barrels; Hay, la bales; Hogs,
80 head; Lard, s barrels; Oats, l76 bushels;
Pork and Bacon, 2 barrels and 3 pounds;
Potatoes, Ala barrels; Rye, 122 bushels
Wheat, 1859 bushels; Whisky, 46S barrels.
EzpOrn-Butter, "a kegs; Candles 81
boxes; Cheese, SO boxes; Coffee, 764 bags;
Flour, 1,3l5 barrels; Lard, 1O2 barrels and
6 kegs; Molasses, Il barrels; Pork and
Bacon, 81 hogsheads, l6 %tierces, 283 barrels
and l,576 pounds; Potatoes, 2O2 barrels;
Sugar, 1879 hogshesds; Salt, 81 barrels
Wheat, $50 bushels; Whisky, 1878 barrels.
Yesterdays Louisville papers say:
Eastern Exchange was selling freely yes.
rate being l per cent. There is but little
doing in New Orleans Exchange, which sells
at par, the buying rate being l per cent. dis
count. The general market was dull.
Thursdays New York papers thus refer to
Wednesdays Stock Market
The foreign news of q political nature re-
ceived by the Adriatic at st. Johns has re-
moved from the Stock Exchange one of the
adverse influences which made a lower mar
ket last week, and the feeling to-day sensi-
bly, improved under il, although the repulse
of the Federal forces near Fortress Monroe
somewhat checked the tendency to an adj
vance in prices. Alarger business was done
than yesterday or on Monday, and for New
York Central, which is esteemed the stand
ard OF the Share list, a rise of u per cent.
was established, while Galena and Chicago,
Illinois Central, Chicago and Rock Island
and Michigan Central rose A@l per cent.
each. The traffic for June opens well on
the Western Roads, especially on the Galeua
line, and the Summer prospect is that the
business into Chicago in the way of grain
freights will be unusually heavy.
This, in turn, tells upon the two trunk
lines of New York, and a large increase,
compared with last season, on the June re-
turn Of ths Central, if not the Erie, is re-
garded as pretty sure. Such evidences OF
activity in time Of civil war are not without
a sensible effect, by way of counterbalance,
through the general trade and financial trials
OF the present emergency. The Share list
closed steady in the afternoon New York
Central, 72A per cent. The buoyaut ac-
counts overland from California advanced
Pacific Mail to 66@66H, and caused increased
hrmness in Panama, which sold at LOG per
cent. The Border State Stocks rose l@iA
per cent. on Missouris, and H@% per cent.
On Virginias, but Tennessees were again
"N HAAO W OACilhkSt anu
closed at 34&@35 per cent. The last quota
ton for Mlssouris was 37A@3S per cent.
The demand for Federal Stocks is rather
weak, and the few parcels placed on sale 90
at S3H@S3% per cent. for the New Loan of
1881. 1t half past four o'clock, New York
Central Stock was 72A per cent.
Thursdays Tribune and Times observe in
regard to Wednesdays New York Monetary
affairs;
The Money market presents no new fea-
lures; Money can can be had on call at 4@6
per cent. per mum in abundance, and a
few hrst-class signatures pass readily at 7@9
per cent, but beyond this range negotiations
have been made as low as 81 per cent; the
same difficulty OF negotiation which we have
heretofore reported exists. Confidence in
Mercantile Paper does not improve, and the
offerings in the street are quite limited, and
the Note Brokers find little occupation. The
Banks continue their regular lines with their
customers, but will not increase the amount.
If there had been prompt payments generally
during the last three months, little Mercan-
tile Paper at this time would have been out
standing, SO limited has been the extent OF
business.
In the Foreign Exchanges we learn that
some heavy transactions occurred at the
close of yesterdays mail at l05@I059S per
cent. for Bank and Bankers Bills, in round
sums, altogether about 9lOO, 600; the buyers
sending forward the Bills for returns in
Gold. Other purchases of Merchant and
fair Bank and Bankers Bills were made for
a similar speculation. Since the closing Of
the boston steamer mail of yesterday, the
market for Bills is quiet; but if any thing a
fraction weaker. Merchants l03@l04X
Bankers lO5H@lO5A.
A comparison of the footing of last weeks
Bank. statement of the Boston Banks, with
those of the previous week, exhibits an in
crease of $4l2, 26s in the item of Loans and
Discounts, and $32l,I2 in Circulation; and
a decrease of $43s, Dol in Specie, and $s32,274
= n.nansAn ----