Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-01-02
MONETARY AND COMMERCIAL.


Monetary matters yesterday were, OF
course, in a condition of suspense, As all the
Banking-houses were closed, and the Bank
ers observing New-year's as best they co uld
at their own homes seeking, perhaps, TO
keep up the delusion that 1861 would in
aueurate the period Of thst prosperity aud
happiness for which man Is ever longing but
which he is destined never to experience.
Business-houses, both wholesale and retail,
were generally closed, and the city wore the
appearance of the Sabbath.
The Merchants Exchange was locked up,
and its ample space unoccupied by traders
or spectators. Silence and solitude reigDed
there on Change hour, and commerce was
buried for day.
Some transactions occurred in Hogs at
$5 7O@5 so, but the market was rather
heavy, with more disposition TO buy than
TO sell.
The Eastern mail failed last evening, of
course. The only disappointment now is
when it arrives.
Mondays Chicago Times says, under date
of Saturday evening;
The business of the week Just closing has
been far greater than that of any previous
one since the commencement of the panic.
The receipts of Pork, Hogs and every other
species of Produce have been large. The
value of the receipts Of Hogs for the twenty
four hours ending with this morning, was
not far from 100000. The shipments Of
Flour, Pork and Hogs were also greater than
for any previous day during the past two
months. The beneficial results of such ship
ments being felt in the increase iu the supply
of Eastern Exchange, which is lower to-day
than it has been since the first of the month,
the nominal rates at the Banks to-day being
| sos per cent. We heard that some of the
houses were drawing at IA per cent.
A large amount was also sold on the
street at 596 per cent, and at the close
many of our merchants, who bought freely
in the morning at 5@5H, refused. to pay
per cent. The demand for Currency from
produce dealers was large, and was freely
met by the Bankers, who are still anxious
to invest their surplus currency in desirable
Paper. We understand that considerable
amount of the Paper falling due on the 1st
and 4th has already been met, and much
larger amount would have been taken up,
but from the fact that the makers were an
ticipating further decline in Eastern Ex-
change, and on that account they are de-
ferring their payments as long as possible,
in order to take advantage Of any decline
which may take place.
OF Produce, Hogs and Cattle on Saturday,
the Times observes;
The Flour market continues active but we
have little change to note in quotations.
Some 1900 barrels good to choice spring
wheat brands were taken, mostly by mer-
chants to make Exchange at $4 25614 40 but
with a heavy decline in Exchange, it is
thought that the price must decline on the
first of the week unless a further advance
Ill Al. -. - i
there is but little prospect. The Wheat mar
ket continues to decline. No. spring sold
J down to 74C975c., and No. do. to 1870
90c, at which fair business was done the
market closing quiet, at 7411c. for No. 2, and
79@79Kc. for No. |. There was some de.
mand for Northwestern club, in bags, at &c.,
, !, and at 9l@s2c. in store. Corn was in mod
crate demand, at 3l@3l Nc. for prime mixed
in store, and 29c. for damp mixed. 0at!
steady at 27@271&c., in store. Rye in better
: demand, at 46@47c., in bags, on track. Bar.
; ley quiet and unchanged.
There was less demand for Provisions
although we have no change to note in the
market. Mess Pork is very firm at SIS
r The receipts of dressed Hogs are very large
/, and the market is shade lower, and dull Al
our quotations. The sales range at SIG
5Ac. at the clOse-55sc. was the outside
= price. Highwines firm and unchanged
There is but little change to note in Other
: articles.
The receipts of Hogs for the twenty-foul
hours ending this morning were A., GA
i dressed, and 1895 live. The demand was
5 active and at the close holders demanded
D higher prices The sales were 396, averag.
: ing 29s lbs, at 81 7o 209 averaging 2s5 lbs.
f at 81 70; 81, averaging 256 ibs., at $4 70; go
8 averaging 29O fbs at 81 rs; 1870, averaging
0 2s2 ms, at 81 70; $50, averaging BOG ib5., a
r 81 rs; 1853, averaging 26O fbs., at 81 70; $50
e averaging 254 fbs., at 81 70; $50, averaging
a 295 fbs., at $4 70; So, averaging 200 lbs, a
Q 81 rs; SO, averaging 295 lbs, at 81 TN
n l04, averaging 292 fbs., at 81 II; l48, aver
t aging 2s5 ibs, at 81 IS; 4s, averaging 2S'
d tbs., at 81 75.
y The sales of Cattle to-day were 8, averag
Z ing 1850 lbs, at SO 25, aud 8, averaging
b l 400 at SO 30.
o TIE HoG-sLAUGHTER AROUND THE FALLS
9 We have compiled, says yesterdays Louis
d vile Journal, the following table exhibiting
% the number of Hogs slaughtered up to th
y present time this season around the Falls Q
l. the Ohio, with view to accuracy, promis
IS ing that the number put down 70 the cred
70 of Jeffersonville and New Albany are est