Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-02-25
MONETARY AND OOMMEROIAL
Financial Affairs.


This week is likely to be dull one in FL
nancial circles, and Money will probably
continue easy from an absence of any large
demand. The receipts of Currency will, we
presume, about equal the payments, and
therefore the aggregate stock will not un-
dergo much variation. Our merchants are
meeting their liabilities promptly, though
some of them have considerable trouble in
doing SO in consequence of the limited sales
making.
In Eastern Exchange we look for no alter
alton during the week, but presume the
market will be very firm at n premium.
New Orleans Exchange will, we believe,
continue steady, though irregular, and Gold
firm at H@A premium, with better re-
quest than there was last week.
In Uncurrent Money we are inclined to
think that Missouri, Illinois and Wisconsin
notes will be rather better, and the rate of
discount 1@l per cent. lower.
Fridays New York Evening Post observes
The Stock Market is rather more active
| to-day, and shade frmer on the Railroad
shares. The principal activity was in New
York Central, at 77@77H, which is about
the price of last evening.
The day is busy one in New York Gen.
tral, and the transfers on the opening of the
books very large. The transactions during
the closing have been greatly increased by
the varying aspect of political matters, and
to day the price exhibits much firmness.
The price of Money remains without alter
alton. On call 596H per cent, on first
class paper 61a@s per cent.
The Exchange on London is decidedly
frmer, and first class bills are in demand al
lO5A@lO6. There are few transient bill!
on the market.
The Board of Brokers hold no second ses
sion to day. We shall give in our thirC
edition the unofficial quotations of Stocks.
The Presidents of the leading Banks wht
propose to unite in the combination bid fo
large part of the 5000, 600 loan are now il
session, and the terms of their bid will pro
bably be kept secret, though rumor has il
that 81 will be favOrite figure. From Variou
parties there will be active competition q
about 9O@93, while portion of it will fint
takers at SO or so. There is a large clas
having money idle, who would like a slic
at low figure, as matter of speculation
and the success of the loan, in view of th
political disturbances, must depend in
great measure upon such bidders.
Thursdays New Orleans PicGsprne re
marks
The Money market continues very quie
and but few transactions of note are re
ported. Really prime Paper of exceptions
make is wanted, and can be passed at IL pc
cent, and in isolated instances at 10.
round amount was taken TO- day at the latte
figure. As the general rule we quote fro1
IL to 10, but other Paper, not ranking A
7 goes at very uncertain rAtes-say from i8 pc
cent. and upward.
Foreign Exchange was again frmer thi
morning. Sterling was in good request, an
considerable transactions took place in clea
Bills, at range of lO3@lO4. Drafts wit
Bill Of LadiDg were negotiated all the wa
from 100 to 1904. Francs met with quic
sale at 81 52N95f47X, and the the bus
ness was extensive; we quote the whole ru
from 5f56N@5f4716, the bulk of the opeI
stiOns in good Bills being at 5f5lH@5f5l 81
Sixty days on New York is dull at 21E@
per cent. discount. Sight was 10 demand j
k@5s discount, and u occasionally for oU
Of the way names. A round amount Of fiy
days sold at q discount. Bankers drew 4
H9H discount. and the BsDks Checked oYS
the counter at H@ss discount.