The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-12-14
From the Cincinnati Price Current, Dec. IL.
Financial and Commercial Summary
for the Hnsf XVeeE.

From the Cincinnati Price Current, Dec. IL.
Financial and Commercial Summary
for the Past Week.
A moderate actiEity continues to prevail
in the money market, but the supply of
capital is largely in excess of the demand,
and the market therefore very easy at 100
IL per cent. for acceptable sixty day paper.
Currency continues very abundant and en-
braces a large proportion Of United States
Treasury Notes, which are regarded with
especial favor, and circulate with general
freedom exceeding that of any other bank
paper. The demand for exchange has been
only moderate, and the market has ruled
quiet and steady all the week. We continue
our last quotations:
Buying. Selling.
new York. .................paf PREM
Gold prem. s(91 prem.
The meeting of Congress and the reports
of the President and members of his Cabinet,
have been the great events in the financial
and commercial circles the past week. The
manner in which the President alluded to
our relations with England, caused a good
deal of discussion, and depressed the market
for public securities; but this was tempo
rary. The conflict between the President
and Secretary of War, in which the former
compelled the latter to modify the part of
his report relating to the confscation of
slaves, gave rise to various surmses and
speculations regarding the diseord in the
councils of the Government.
The report of the Secretary of the Treas
ury, in which he recommends an increased
duty on coffee, tea and sugar, and explains
the means used to obtain loans to meet the
demands of the Government, and how large
ly the actual expenses, SO far, have exceeded
his estimates made in July, as well as how
much the receipts from revenues have fallen
short of what he then expected-is very
important document, and has been looked
/ for with great anxiety. Mr.. Chase fore
+ shadows a National currency, and there is
no doubt matters will drift into this eyentu-
ally, and that it viii displace all other paper
/ currency. If this war continues two years
more, he estimates the National debt will
be sweAed TO nine hnndEed millions of dol
lars.
New York has been good deal agitated
during the week. The following were the
current rates for Federal and State Secufi-
ties there last week:
U. s. eurrenog, payablein New York.. paT,
do do do Boston and Phil
do do do Uinoinnati and
SO per oeni. Note, in dis dis
10 do do made TO order
and endorsed dis
TO- II aud II per cent. par( 33pFe
lin all cases with Treasury Notes, the &C
crued interest goes to the seller.
U s SIS Of 1871, Jan. coupon on..........93 a9s1s
do do regtst'd. tx jan. nt..-..S91aCg96
do SIS Of 1881 and "a Jan. coupon on.-.82 asa
Short .. s. 6'ssell at rates which pay on
the cost 73Gd}s per cent. per annum.
The weather become very warm early in
the week, and so mild that pork packing
has been suspended since Saturday. The
thermometer in the day time has ranged
from SO to 10, with damp and sultry at
mosphere Monday and yesterday Thi:
has diminished the receipts of hogs, and
caused n great accumulation in the pens
but drovers have not pressed the market, moi
submitted to any decline indeed, packers
have bought with great freedom for present
delivery, whilst the weather was suitable
for packing, and for future delivery wher
it become too warm and the market ha!
ruled firm throughout, prices not having
undergone any change worthy of note.
Yesterday the weather continued warn
and sultry, rendering packing out of the
question, and there was more disposition tt
sell and the less to buy, so that the feeling
was quite heavy and the sales confined t.
230, averaging 225 lbs, at So 80, and $50
averaging $50 lbs, at So 40-all to be de
livered when the weather become favorable
for packing.
The number in the pens is now quit
large, and must continue to increase Will
the present weather lasts.
The receipts for the past week are...43, 81
Previously rePorted..s... -.-......-s...l09, oil