Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-01-21
NONETARY AND OOAIAERCIAL



The week will open to-day with better
feeling than did the week just past and busi-
ness in Third-street will be quite as active, we
think, as it has been, If not more so. The
tone of Monetary matters is still improving
and the confidence of the commercial COM
munity being strengthened. The market
remains close, without any particular press
ure, although the applications for Loans are
daily in excess of the capacity to meet them
at the regular Banking-houses.
Eastern Exchange will not, from present
appearances, undergo any alteration this
week, and we anticipate steady market at
u premium on the leading cities. New Or
leans Exchange and Gold will probably con-
tinue to sell at p premium. There is no
large demand for either, at present, and no
immediate prospect of one.
If the Hog Market remains as brisk this
week as it was last week, the offerings Of
Time-bills on the East will be considerable,
and the Exchange Market will be weakened.
The rate on Bills will be, as before, about IL
per cent. per annum for those of prime char
acter having no more than sixty days to
mature.
In Uncurrent Money we look for mo
change of consequence, except in the West
ern Currency, which will probably fuctuate
l@2 per cent. during the week. The list
generally exhibits an improving tendency.
Hogs will probably rule during the week
at about Sc 40 for good animals, though
some buyers anticipate decline from the
prices prevailing on Saturday. At present,
dealers in Provisions feel confident of con-
tinued strength in the market, and sellers
have hope of realizing large prices.
The Eastern mail of Friday evening failed
again this morning, Of course; it always
fails on Sunday.
Fridays Philadelphia Ledger observes:
The cause of the general rise of prices, we
are constrained to believe, is more in conse-
| quence of the abundance Of, and little de-
mand for, Money, than from any we'll
| grounded assurance that all political trouble
| is at an end. The best A No. Paper is by
no means abundant, and finds ready takers
at 10 per cent. The distrust of inferior
Paper continues, and in consequence is not
pressed on the market. Good four and six
months Paper goes at 12@l5 per cent.
Saturdays St. Louis Democrat remarks in
regard to Friday:
There is great quietness at the Banks, and
it seems to us much of a contraction in the
way of discounts, as shown by the small
amount Of circulation, notwithstanding the
| suspension of the Banks. Men who are
known to be good, should get Bank accom-
modations even in times like these.
The Exchange market is getting easier,
owing to considerable receipts of Eastern
Drafts brought by Southern produce traders,
and also to decline at Chicago. Sight on
the East is selling at 41z05 per cent. pre-
MUM for both Missouri Funds and Illinois
and Wisconsin Currency. On New Orleans
is the selling rate.
In Chicago Eastern Exchange is steady
and firm at 4@5 per cent. premium. Cur
rency plenty. Gold dull and nominal at 30
per cent. premium:
CHICAGO GRAIN AND Provision MARKET
| Friday Eoening, January 19.-There was
| less activity in the Wheat Market to-day.
At the opening the demand was fair at 76c,
No. 2, and 80H@se% for No. spring, but
/ toward the close buyers held off, and the
market was dull and heavy. The inquiry
| for Flour was limited and the market was
dull and declined about &c. per brl. Corn
was very quiet at decline Of M@Tc. on
i the outslde quotations OF yesterday. Oats
declined A@1ac, with sales of No. at l7c.,
in store. Rye in fair demand by distillers.
Barley quiet. Dressed Hogs steady and
active. Live Hogs firm. Provisions firm
| but inactive.
The receipts of Flour were 3,l48 barrels.
| Market dull and SC. lower; sales of loo brls.
choice spring extra at 81 SO; 200 brls. Ba-
| tavia XXX and 300 brls. (braud not named)
at $4 3715; so brls. Radlini and 100 brls.
| (brand not named at 81 2OG 100 brls. good
spring extra at $4 2l13; 200 brls. at So 70,
| all delivered.
TIE receipts Of Wheat were 23,9ls bush.
Market steady: sales of 1900 bush. No.
spring at SO12c; 1000 do. at sOHc.; 5000 do
No. ? spring at 76c., all in store, aud $50 do
| spring, by sample, at &c., on dock.
! The receipts of Corn were 26,4l5 bush.
| The market is quiet and a shade easier: sales
OF 6,OOO bush. mixed at 2815c.; 300 bush. red
at &c, both in store, and 200 bush. mixed at
| 29c. on track.