Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-02-28
LATEST NEWS nv TEIVgRAPB;


1
more Paper than during the previous week.
The supply of Currency underwent little
change, but two or three houses note a small
decrease. First. class Paper is still scarce and
is readily negotiated in the regular quarters
at 1O@l2 per cent, while in the street Loans
are not usually made better than ls per
cent. per annum.
Eastern Exchange was decidedly firm
throughout the week, more so within day
or two than it had been; the supply, last
evening, being hardly equal to the request,
at = on the leading points; dealers giving
2s@D45c. prem. on Yew York.
New Orleans Exchange was and remains
steady but quiet at 1z@% premium, the
latter the outside rate. Gold was quiet with
irregular sales, and limited supply at Ss
| premium. In Time-bills there were few
transactions at the rate of 1O@l2 per cent.
per annum on the East and South the
Bankers doing almost none of the latter
class.
Uncurrent Money Auctuated somewhat.
and some ten or twelve additional Wiscon-
sin and Illinois Banks, having gone into
liquidation, were put up here to 20 discount.
The rates of Uncurrent Money last even
ing were:
Indiana Stock specie-paying, 4; Penn
| sylvania (interior( B New Jersey mot par
in New York City, 8; Virginia, Wheeling
City, 5; Wheeling Branches, 6; other solvent
| Virginiq, 6; Missouri, 6 Iowa, 8; Wis
consiD, 7@s; Illinois, solvent 7@s; illinois,
suspended, 2O@25; Maryland (interior) 8;
Tennessee, old Banks, 3; free Banks SOLO
| Michigan and Canada, 3; Alabama (MobileG
| SOLO; Alabama (interiorl 10; the Carolinas,
10 and Georgia, 10 discount.
Eastern Exchange and Gold rule as follows
at present:
Bg Eegw York sight..'..o."'6@4oSI prem. prem
Philadelphia ''""'''''...''., prem. 4 prem.
.'.''''''''''''''Z NA0' pal'
kew cxra 8rieabs G.Y ;Y'''''''paFF 0, 7aA prem.
Flour was in moderate request here yester-
day and unchanged while the Whisky mar
ket, excited in the morning, closed some
what dull under the Southern news at l5c.
Groceries were firm, and Sugar in better re-
quest. Wheat, Oats, Rye and prime Barley
were firm, and Ear Corn advanced 1c. per
bushel Mess Pork was frmer, and good
country brands sold at $l7; no prime city Of
fering. Bacon was steady and could not be
had, except at an advance at the close. Bulk
Pork was sitter, and the sales were $4,000
pounds. Lard remained dull.
The following are the Imports and Exports
during the twenty-four hours ending yester-
day at noon;
Imports-Apples, 1881 barrels; Barley,
1I,a1a, D. o.
dies, So boxes; Corn, A. 244 bushels; Cheese,
80 boxes; Coffee, 92O bags; Clover-seed, 2O4
barrels; Flour, 1904 barrels; Hogs, 35l head;
Lard, AZ barrels and SO kegs; Molasses,
1928 barrels; Oats 1920 bushels; Pork and
Bacon, 46 hhds., 3l8 barrels, 5 tierces, 43
boxes and 49, ,66s pounds; Potatoes, 1853 bar
rels; Sugar, ll,5O5 hhds;, Salt, 400 barrels;
Wheat, l,O72 bushels; Whisky, l,542 brls.
EzportS--Apples, l26 barrels; Butter, 142
packages; Candles, 1883 boxes; Cheese, 396
boxes; Coffee, 63l bags; Clover-seed las
barrels Flour, 49l barrels; Lard, 452 bar
rels and 500 kegs; Molasses, 3lo barrels
Malt 1872 bushels; Oats, $50 bushels; Pork
and Bacon, 275 hhds. 272 tierces 1,097 bar
rels, So boxes; Potatoes, 523 barrels; Rye, l76
bushels; Sugar, 1914 hhds.; Salt, ll5 barrels;
Wheat, 642 bushels; Whisky, 2,462 barrels.
Yesterdays Louisville Courier says of
Tuesdays Provision market:
The Provision market remains quiet, with |
but small demand for mess Pork, and the |
sales were limited to 27 barrels city packed |
at $l7, and 40 barrels country packed at |
SIG 70. The market closed rather firm,
though holders were still very willing to sell |
at our quotations. The demand for Bacon |
was only moderate, and small sales were |
made on Southern orders at our range of |
prices given yesterday. Lard is very quiet, |
with small sales at 914c. for tierces. There |
was some little inquiry for bulk Meats to-
day, and the sales 5000 pounds at 6Hc. for |
Shoulders, and SIC. for rib Sides.
Our Tuesdays exchanges observe concern
ing Mondays New York Stock Market:
There is a substantial rise of 2 per cent. on
the Stock Exchange to-day, as compared
with the closing sales of last week; the i'm
provement extending throughout the official
list, beginning with the Federal and State
Securities. On the Railway Shares fresh
and very animated speculation for the rise
seemed to be initiated, and the competition
TO buy was such as to advance the prices | Il
to "a per cent, and in some instances, 3 per
cent, on Saturdays sales. The movement
was, perhaps, most animated on two or three
of the Western Roads, although the demand
was equally firm for the New York Roads,
and also for Reading.
Of Railway Mortgages, but few parcels
were offered, and there is scarcely sufficient
amount on the street of any of the leading
descriptions to create active speculation.
The same remark applies to all the Western
City Bonds, which are taken up for invest
ment as they appear on the market. Ten
nessee State Skies improved 2 per cent to-
day, and Missouri n per cent; other de-
scTiptons firm, and but few offered. Treas
ury Paper participated in the general i'm |
pToyement, the sales being on the basis of |
o199A per cent. per annum.
In the afternoon, the favorable political |
signs from Washington being strengthened
in the confidence of the street in a satisfac-
tory issue of tine Peace Conference, and the
purpose of the President-elect to favor the
settlement, by private dispatches, the market
showed increased buoyaney.
Tuesdays Tribune remarks in regard to
last weeks New York Bank-statement:
The weekly statement of Bank averages
shows a less violent movement than of late,
and meets general expectation. The Loans
show some contraction, although this has
been involuntary on the part of the Banks,
from lack Of sufficient irst-class applications
for Discount. The line, however is again
ascending, the Bankers changing their un-
profitable Specie reserve into Loans on Gov |
ernment Loans. The Specie line shows an !
increase of nearly a-million, and is higher !
than it will be for some time, as the Sub |
Treasury will temporarily abstract some six
millions.
s The following is a comparative statement
Of the condition of the Banks of New York |