Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-05-09

Yesterdays Louisville Courier Observes:
We have nothing new to report in fnan-
cial circles o-day. The demand for money
continues small, but great deal of difficulty
isexperienced in negotiating loans, as the
Banks are disposed to conine their business
within the closest circles. There is good
demand for Exchange, and we quote Eastern
at A@l for buying, and l1z@2 for sell
ing.
The general market was quiet to. day, with
but little doing in any of the leading arti-
cles of trade. The demand for Flour is
good, and prices have advanced considera-
bly, during the past day or two. We now
quote at s. 25@6 IS for superfine to fancy
family grades. There is nothing doing in
grain and quotations are nominal. Provis-
ions are quiet, with but little doing, and
prices remain unchanged.
Tuesdays Herald observes respecting
Money matters in New York: .a
The decrease in Specie is not quite so
large as was expected /; the decrease in De-
posits is heavier than was looked for. Both
doubtless proceed from the movement of
Money into the interior for war purposes,
and for the commencement Of the Spring
business. The week begins with rising
Specie average. s
Money is as easy as ever but none but
the very choicest names pass, and these at
seven per cent. The successful manner in
] which our mercantile community weathered
the day on Saturday is a subject of general
| eongratulation.
Foreign Exchange is inactive; indeed,
| there is nothing doing. Some Bankers are
buying good Mercantile Bills all the way
from l0l to l031z. ra
The same number of the Herald has this
information in regard to Mondays Stock
Market:
At the morning Board to day fair amount
| of business was done, and prices in many
| instances we're higher. United States seeu-
rites of all descriptions improved from 10
| per cent. The new skies sold at 80 for the
registered, and SO for the coupon Stock.
| State Stocks were also better, mainly from
the wants of the bears, who are paying
| ard 3 per cent. q month for the loan or ViF-
| ginias and other State Stocks. So long as
| our SPECTATORS sell these Stocks for a fall
| they can not decline 10 their intrinsic values.
| The general list was better, with the sxcep-
ton Of Pacific Mail, which declined IL I;
Rock island, which declined 4, and Mich
| igEn Central, which declined u. New YOrk
Cenual and Erie were both Is higher, Illi-
Dois Central ] per cent and Toledo e.
Reading and the Michigan shares were steady.
Bank Stocks decline, upon the general ina
/ preston that much Of the Paper they hold
| will prove worthless. We are inclined 10
think that, allowing for losses from this
GAUGE, the depreciation already realized more
than covers them; Bank Of Commerce Shares
| at 95 are not dear. This afternoon the mar
ket was better again, especially in Erie add
! Illinois Central, both Of which advanced,
apparently uuder foreign orders, ~ per
I cent. Spectators are wondering whether
tbe news Of the actual outbreak Of war will
I irduce the English 70 sell out OF our Stocks,
I or 70 buy more at the decline. The losses ol
Foreigners in firgihias and other State Stocks
viii prove very heavy.
Tuesdays New York Times has this in.
formation
The Bank return Is larger on the Specie
line than was generally looked for, as very
considerable daily sums were known 10 have
been drawn loss for Boston, Philadelphia
&c, during the week. The heaviest loss wa
made BY the Sub Treasury, the balance be
ing reduced about million Of dollars, par
Of which went under military escort Il
Washington, for disbursement to the army
The Loans and Discounts at Bank are agar