Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-01-19
M0NETARY AND COMlIRRUIAL


In certain quarters, Money was in more |
demand yesterday than on Thursday, but in
others there was little change the applica- |
tions for loans at the Discourthouses con- |
tinuing in excess of the means to meet them
and the checking being about equal TO the
receipts. Some of the large Deposit houses
reported heavy calls for Currency, but gen.
orally the supply was pretty firm, and last
evening the aggregate amount on hand was
about the same as it was in the morning |
Undoubted Paper was still selling In the
street at 24@sO per cent. per snnnm; and
holders were quite willing to acCpt those ex-
orbitant figures
Boston and New York Exchange was ir-
regular and with most dealers heavy, some
quoting the market at a and others at * |
prem. AS several large houses were drawing
freely at a, that must be regarded as Gle
rate, for, of course, no one could sell his
drafts n higher than the price for which it
could be regularly obtained. On collections
in many instances, 9z was no doubt charged,
but it could not be hal of buyers to any ex-
tent. Baltimore and Philadelphia Exchange
varied as to price, but they were firmer than
on Thursday. No dealer to-day will, we
presume, pretend to ask over x for Ex-
| change on any point New Orleans Exchange
was firm enough, though not much was do
ing at par to n and 24 prem, and Coin was
stiff at 14@1z and 24@l prem, buying and
selling rates.
The Western Banks on the uncurrent list
| nd
Wisconsin Notes were sold at 6 discount.
Wheeling City (Va.) Notes went at and the
Branches at discount. The Bloomington
Bank of Indiana is now purchased at 2O@25
discount, but the Fayette County Bank of
that State, having ceased to redeem its
issues, they can not be disposed of better
than 4O@50 discount.
As nearly as we can, we append the rates
of Exchange and Gold at the close of Bank
hours yesterday; H
Eew York sight.......14 14@% prem. NON prem
ssSiilaiGelPhia as SsP gTS% p54 A@3 5Ts% pFs@
sTiGRH New 9rSSPs pTs Pgsm' & prem BTsm
The New York Financial news yesterday
continued favorable. Flour was unchanged
here, with but limited demand, and Whisky
was in fair request, and &c. per gallon
higher. A liberal inquiry was had for Gro
ceries, which were firm. Wheat, Corn and
Rve were steady and in demand, and Oats
ard Barley were dull.
Provisions continued buoyant, mess Pork
advancing to SIG 70, and at the close good
city brands could not be purchased below
SIT. Bulk Pork advanced to 6N and SIC.
loose, and S13e. for Sides packed Bacon
was firm, and Lard was in demand at 91Sc.,
but prime city was held &c. higher, the
market closing buoyant.
The receipts of Hogs were quite light and
prices went up at least l0c., the market
closing with decided frmness. The sales
reached z, 400 head, at Sc 3O@6 so. a.#s
Yesterdays Louisville Journal observes:
The Money market continues very strin-
| gent. There is no change to note in the
| rates for Exchange, and we quote Eastern at
| q per cent. premium, and New Orleans at
| A(0l per cent. premium and in good sup
| ply. There is no variation in Currency.
| The Provision market is active, with a con-
| siderable demand for bulk Meats at full
| prices. Messrs. Stewart & Barter report
| pounds bulk clear Sides at &C.; 10000 do.
| Shoulders at CSC; 5000 pieces Shoulders at
the same; 1900 pieces Shoulders-packed-
| 6Tc; 1900 pounds same at 615c; l3 cases
clear Bacon Sides at lie; casks Bacon
Shoulders at TIC; and so tierces Falls City
Hams at ll15c.
Thursdays New York papers say of
Wednesdays Stock Market;
| The Stock market continues firm and even
! buoyant, though there is not much outside
| business. There are no Stocks in the street,
and there is a lively inquiry for Stocks from
| parties who have sold short on the political
| crisis. Illinois Central, which has been freely
| sold, advanced this morning to 93%, and
this afternoon to s51a it sold three days
| ago at 76 Reading also advanced, and the
| general Western railroad list was higher.
| Tennessee Skies fell off a fraction and Erie
was also rather lower. In the afternoon
very large business was done, and prices
| were uniformly higher than in the morning.
The IL per cent. Treasury. notes fuctuate
between IA and 2M premium. AT the close
to-day the market was firm.
Thursdays Times remarks respecting
Wednesday Money matters in New York;
The advices from England of change of
rate for Money at the Bank of England to
per cent failed to affect our own market for
| EACudDBS UT mOneJ tO-uhy' Inc NEWS was
not received until after the mail for the
Cunarder was made up, but we do not find
that the Bankers are disposed to advance
their Bills on London above LOG per cent. for
Saturdays steamer. The Bremen, from
Southampton, brought $38o,00O in Gold.
The Discount rates outside of Bank are
nearly down to Bank on strictly first-c class,
double name Paper, 798 per cent. being the
current quotation, with q demand at per
cent. for prime Sixty-day Acceptances. At
call, Money is loaned at cor per cent. on
| approved Collateral, with only moderate
demand from the Stock Brokers, among
whom most of the speculative Stocks are
really scarcer on the street than the Money
needed TO carry them. Some further sales
of the new IL per cent. Treasury Bills were
made to-day at l02 per cent and we ind
that the impression gains ground that at
least a good portion of the bids for the
$5,000 600 to be awarded on Saturday will
be at lower rate of interest than IL per
cent. MIA. H q.
Boston Checks are quoted in New York 1<
Philadelphia n Baltimore Il Cincinnati
and New Orleans l q discount.
The quotations of Landwarrants in New
York on Wednesday evening were;
BWyiR0. Selling
bo oacres.....,,.............S 62 ~ q acre
l2O acres..'...''...".'',' bZ ..... ... ~ q acre
| 81 hcfeb.......s...,....... 70 % " acre
! ~ acres.s.'s....',...... 70 " W q acre
New YORK CATTLR MARKET Thursday
Jonudry 1.-THE Cattle for this week
. / rat caune in varv and nro