Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-01-04

MONETARY AND COMMERCIAL.
Financial Affairs.

Bankers agreed yesterday to observe to-day
as a holiday, and consequently all the Bank
lighthouses win be closed, except for the
payment Of such Paper as may mature on
toe 4th inst
A question has arisen in Third-street re-
specting the right of Bankers to protest, if
not paid on the Sd, Paper which fell dee on
the 4th, or in other words, if this co1ld be
considered as regular holiday, and so re.
gaEded by the Bankers. Some attorneys
think il can, while others again hold a con-
tTsEy opinion. Two or three Of the houses,
we understand, protested Notes yesterday
tbat did not mature until to-day; but at
most of the offices q clerk will attend to all
Bills receivable and collections made pay
able to-day, A considerable amount Of
Paper due on the 4th was allowed to lie
over until to-day, when most of it will, no
doubt, be promptly met.
Monetary matters were quite active yes
terday, with heavier demand than had been
experienced on any previous day Of the
week. The market was very stringent, 'es-
peciaily at the close, and the stock Of Cur
rercy materially declined with some of the
Bankers, while with others it was aug
mensed by the large payments.
The selling rate of Exchange on Boston
sud New York declined to 4 premium,
and on Baltimore and Philadelphia was
higher, as will be observed by the quota
tious. New Orleans Exchange was firm,
wiid very little doing.
Gold was quiet and in better supply than
demaad, at N(9X premium. In Southern
Time. .biiisthere we're no transactions worthy
Of note hut Eastern were purchased to o.
a fair extent, at lO@l2 per cent. for those of
prime character.
Western Currency further improved, and
MissourisIliinois and Wisconsin, notes were
purchased at 6discouRt Iowa going at aud
Wheeiing City aud Branches at 5@6 dis
count. 'O''
Our rates of Exchange and Gold at present
are;
Eov YORK sight..v.".~ q prem. prem.
Phiiadelphia .,......,..,.. dis. @par }i@4pTem.
American Goid.,.'...... i prem. SOD prem.
To-day the regular business of Third
s,rees and that of most of tho Wholesale
hosses Win be suspended. The Chamber of
Commerce will be open, but there will be no
Change hour. The New York telegraphic
news was again vesy favorable yesterday,
Stocks advancing Money going easier and a
more cheerful feeling pervading all business
circles in that city.
Here, holders of Flour put up their figures,
which ilterfered with business somewhat;
t1e sales reachiuBehout $500 barrels; super
fine sold at 81 65 to $4 70; but most holders
asked 81 70 per barrel. Whisky was in good
demand and &c. higher. Groceries were in
good demand, and Grains were firm. Mess
Pork was still in request, and prices were
Zoe. per barrel higher, with sales of !, 700
barrels. Bulk Meats were in good demand,
SO were green Meats and Lard, with large
transactions.
The demand for Hogs was good, notwith.
Standing the heavy receipts, and the market
was firm, though it relaxed little at the
termination Of Change hours. Holders,
however, were not disposed to make con-
cessio1s, and the sales reached nearly 1900
bead at $500 to S. 95, the latter for two
hundred ard forty.pound Hogs.
The following are the Imports and Exports
during the twenty four hours ending yestef-
day at noon
iRports-Barley, 425 bushels; Butter, 98
packages; Candles, 81 boxes; Corn, 1891
bushels Coffee, 2,277 bags Flour, $40 barrels;
Hay bales; Hogs, 1878 head; Lard ZIG
barrels, IS kegs; Molasses, 900 barrels; Oats,
292 bushels; Pork and Bacon, l04 barrels and
1920 pounds Sugar, 663 hhds. Salt, 963
baEre.sI " heat 100 bushels Whisky, LAG
barrels
Erpmts-Apples, 10 barrels; Butter, l5
packages; Candles, 70 boxes; Cheese, 81
Soxes Coffee, 1911 bags Flour 100 barrels;
Lard, 7Oi barrels, and 100 kegs, Molasses, 2O9
barrels; Malt, 248 bushels; Oats, "a bushels;
Pork and Bacon, rs hogsheads, II tierees
ZIG bsttels, 100 boxes; Sugar, ll6 hhds; Salt,
25l barrels Wheat 772 bushels; Whisky,
439 barrels.
Yesterdays Louisville Journal observes;
The Banks were doing very little yester-
day beyond renewals, and the street capital
lets, too, were doing nothing in manner.
There is plenty of Money, but the general
want Of confidence keeps it from the chan
nels Of business. There is really no standard
rates for Short Paper, and operations being
MADE daily in the wide range of from 10 .
per cert. per month. The Banks were selling
Eastern Exchange at Msper centspremium,
ana are drawing on New Orleans at Is per
cent. premium, although there was no de-
msad for the latter. The Provision Market
was steady, with some demand on Southern
orders for bulk Meats. The views of buyers
however are below those Of sellers, which
restricts transactions. The only sale re-
ported by Messrs. Stewart & Barter was that
OF 30 bIls. mess Pork at SIC.
Tie s.asghter of Hogs in Louisville up t
Tuesday evening was 1921 head, 57,2OI
less than last season, and 81 ,845 less than in
1853.
The condition of the Boston Money mar
ke. presents no marked change if we ex
ceptNhe demand for hrst-class investments
Money is becoming more abundant ever,
day, sDd the wants are growing less. Thet
ia considerable movement there in Stocks
snd altogether the market is irm and i
good feeling.
Sundays New Orleans Della thus refers I
Saturday Money matters:
Nothing has transpired to. day to matt
rally alter the condition Of the market, an
business continued restricted throughout
every department, The Banks discounte
to the full extent Of their aggregate ineom
and outside capitalists operated rather freel
in both long and short Paper. Exehang
continues very quiet aand transactions
both foreign and domestic show no chang
ofsany kind, Is compared with oar last n