Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-09-20

Our rates Of Exchange and Gold are;
Buyfne. SeHir0
New York sisht........psr. 4 prem.
fhtlAdelphia ."....,...,"per. q prem.
Boston ....''''. '''.'.'''.''.par' y PREM
American .5aAc prem. S@H prom.
There are no changes in the Uncurrent
Money market. We quote:
Kentucky, a; New Orleans, rs; North
Carolina, =; Pennsylvania Qnteriorl 2;
Virginia (Wheeling City, 15; Wheeling
Branches, 10; other solvent Virginia 20
OPS; Missouri 10 Iowa, 3; Wisconsin (6rst-
CLASSY 15@20; Wisconsin (discreditedl 80
@60; Illinois first class) 1920; Illinois [dis-
creditedl, 5O@60; Baltimore, /; Maryland
interiorl 81 Tennessee (old banksA -;
Tennessee (free banksl -; Michigan and
Canada, 2@3; Alabama, :; South Carolina
and Georgia, - discount"
No change in Treasury-notes: Skies are
still in demand at 9911@99c.
At Chicago there is no alteration in the
rates of Exchange. The Banks are selling
at 14@% per cent. premium. On the street
Sight drafts on New York can be purchased
at par o. per cent. premium. Currency is
in fair supply and demand. Gold is scarce
and firm at H@M per cent. premium.
The st. Louis Democrat Of Wednesday
says;
Exchange for Missouri Money was $40
6 per cent, premium and Gold G, with re-
ported scarcity. Demand Treasury notes
| will be issued freely from the Paymaster's S
Departments, in this city, tomorrow, when
abundance of Exchange will be thrown upon
! the market, with prospect of lower rates.
! 1t is believed by many that the Banks will
not permit their issues todrop below 95 or "a
cents, and probably will soon arrange to
make it still better. There will now be a
rivalry between demand Treasury-notes-
! Elves and Tens-and Bankable Funds as q
circulating medium"
The New York Tribune of Wednesday says
of the Money market and the National
| Loan
1.-THE Money market is quiet at coz per
cent on demand, to which most of the out
standing Loans have been put. Paper is
| COZ per cent. for strictly gilt-edged.
THE rain storm interfered yesterday with
the subscriptions to the National Loan, and
the amount received at the Sub Treasury
was a trifle less than 100000; of this the
| Panama Railroad Company took 500, 600.
This patriotic example we commend to the
notice of other corporations with surplus
| funds. The amount of demand Treasury
notes presented for redemption was So 00O
all large notes. Small ones arc in good de.
mand, and are not sent in for redemption.
The Banks paid up So 100000 on the Ma
tional Loan, making Sc per cent, or $l9.-
100000 paid up, of which about $500, 600
have been returned to the Banks as proceeds
of sales at the Treasury. To morrow $780,
600 more will be refunded, and during the
week another 10 per cent. installment will
be called for. A considerable portion of the
payments to day by the Banks was in over
due sixty-day Treasury notes.
The subscriptions to the National Loan are
| going on favorably in all parts of the loyal
States where agencies have been appointed,
but as the returns are made directly to
Washington, the amounts obtained are not
known here. The subscriptions at this
| place would have been much larger but that
it was known that these agencies were tc
be established, and subscriptions were with
held to be made with the local agent,