Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-05-02
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In Baltimore Monetary matters continue
etued, though they have improved some
what since last week; hardly any Paper
being offered or purchased, and Exchange
on'New York ruling at 3@s prem.
@ To Boston and Philadelphia financial aE-
fairs are dull but Money is easy enough for
prime short Paper which goes at SOLO per
cent.
In 81. Louis business Is fiat, and Bastern
Exchange very scarce at l2@1b prem, and
solvent Illinois Paper 10 dis. Or arci @ a
In Chicago Eastern Exchange has declined
to 8 and 10 prem, which has given more
activity to business. scaa oaHt d
In New Orleans all business Is greatly de-
pressed, and nothing worthy of mention is
doing in Money or Exchange. ta
The foreign bill market is very much de-
pressed, and good document s erliDg bills
have been sold as low as lOl16 good CONNER
eel signatures at.l021S@lO3, and bankers as
low as l04N. Atlthese quotations there is a
larger profit on the importation of specie,
and we must soon have large receipts. The
demand for bills is quite limited, excepting
for the purpose of importing gold. 1i ll
We lear Of other failures to-day, mostly
among Dry Goods dealers This state of
things we must expectto continue as long as
Iemittances are entirely cut off from the
South by reputation, and to nearly the same
extent from the West, by the disordered state
Of the Currency, and the high rates OF tx
change. v o. D g lt iIfH.r-1. Ia
Tuesdays New York Tribune observes in
respect to Mondays Stock Market:
The tone of the advces from Washington
. L. sl,a iprr hotner
of more favorable character than those
previously received, the Stock Market, be-
fore the opening of the First Board, was
quite bouyant, and Central sold as high as
749s. AT the Board the business was very
large, and the opening transactions iudi~
Gated much firmness. The Stocks of the
Border States were in better demand, and
2@5 per cent, better, in consequence Of the
improved tone of the adEices from Maryland,
Missouri, and Kentucky, giving hope that
these States may yet be saved in the Union.
TeDnessees sold at 90, against AZ bid on
Saturday. Missouris advances 2 per cent.
Virginias improved to 40, having been 45 on
Saturday. North Carolinas also sympathized
with the market although she seems to have
taken her stand by the side of South Caro-
Ina. Pacific Mail was strong at 10, an
advance Of 20 per cent. from the lowest
point touched during the recent decline.
bhabh Who o1cO bttlOls IL thC AehllAOuu
Shares there was large business done, but
generally the opening prices were not sus-
tained.
The Bears were free sellers both of cash
Stock and their options and the Bull senti-
ment was not sufficient to resist them.
There was but q moderate amount of orders
among the Commission Houses, and after
the shorts bad supplied themselves the m tr-
kei dropped. Central left off at 739s, Ere
at 81, &C. Illinois Central, after sales Of
1900 shares, closed at 5911, against 60 at the
! opening. Between the Boards the market
was tsme and very inactive.
At and after the Second Board the market
wss uniavorably influenced by various
rumoIs from the South, especially that in
regard TO delay in the enforcement of thu
blockade of the Southern ports. Quotation
were = to q per cent. lower, and there wa
not much disposition to operate. Nortl
Cs1elinas and Virginias declined per cent.
| Missouri Skies q per cent. In Governmen
Securities to- day there has been a fai
activity and frmer feeling. The Registered
Skies Of 1861 sold at S8, and the Coupons a
So, which is 16 per cent. better. Twelve pc
cent. TIeasury-notes sold at 10, which is al
improvement. -un r.4.f ..a
In the street, at the latest moment, ther
was slight rally afterstill lower prices thai
those established at the Second Board, au,
quotations did not vary materially from thos
Of Saturday af ernoon.