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WHOLE NO. 1,196. From the Cincinnati Price Current, June 4 Financial and Commercial Summary for the Past Week. The market for exchange has ruled steady; the demand is light and hardly equal to the sup ply Gold is lower. We quote silver at 3/al premium buying, and 21/421/12 premium selling rate. Selling. Buying. New York par 1/8a1/4 prem Gold 33/ prem .23/@3 prem Silver 34@1 prem. 4@2 prem The Indiana bond fraud has proved as mon strous as had been anticipated, and two New York brokers who it seems accomplices, are under trial with fair prospect that they will be sent to the State prison, Thompson's Reporter says of money matters in New York: The Beverly Bank, New Jersev. was thrown out here on Friday, the 23d inst. T his bank was owned by the parties implicated in the bogus issue of the Indiana State stocks The Northwestern Bank, Warren, Pa. was thrown out on Monday, the 26th inst. This bank closed up because the excitement created by the failure of the Beverly Bank caused the redemp"shut tion to exceed the issues. So the owners down the gate at full tide. It is safe to act on the principle that both banks are dead broke Old Demand Treasurv Notes, commonly called Custom House Notes. are bought at 1/2 premium This issue is dated August 10th, 1861, and is distinguished from the recent issue of Demand Notes by having Receivable for public dues' on the bottom of the note. It is understood that New York will pay the $900,000 due June 1st, next Monday, in gold; and on the 1st of July $800,000 and all State interest on its direct debt, also in gold. This will disburse about two and quarter millions in five weeks, on State account It also under stood that the State war debt, issued in June, 1861, at one year, will be paid in currency This being debt for account of the Federal Government, the State feels no moral obligation to pay anything better than Government currency. Gold's 33/a per cent premium, and it is the only thing that we are unable to form self -satis fying opinion as to whether it will rise or fall. Theoretically, we should say that the abundance of paper money would cause a further advance of good stocks, and gold also; but in practice this theory has not heretofore proved correct. The weather has been quite warm, the ther mometer running up to 90, and the last three days have been showery, with damp and sultry atmosphere, quite unfavorable for wheat, now in bloom, but we have not heard of any damage be ing done to it. In the produce market there has not been much done, and prices, generally lower. Flour has been in large supply, about 12.000 barrels having been received and but little over 5,000 exported. Prices are lower, and superfine is of fered $3 90a4, and extra at$4 10a4 15. Hold ers, however, are not willing to make such con cessions as would induce a shipping demand and hence hardly enough has been done to establish quotations. Wheat declined to 78a80c for red and 85.90c for white, with liberal receipts from Tennessee. Oats steady at 35c per bush. Corn declined to 33c per bushel, and is dull, distillers buying sparingly. Rye declined to 55c, and is dull. Whisky has been in good demand, and at the close, an active speculative demand arose, upon the announcement from Washington that Congress had decided not to tax the stock on hand, which is just what we always supposed would be the result, because no matter how anx ious many members are to put tax on that on hand, owing to the extensive speculation in the article, the inconsistency of such a measure was so plain that no man who had any regard for hrs reputation statesman, could well advocate it or vote for it. At the close last evening it was doubtful whether purchases could be made to any extent at 20c and it was rumored that 23c was offered and refused The price agreed on yesterday, however, was 19c. Butter is very dull and declined to 7a9c for good to choice Central Ohio Cheese unchanged. Lead is 1/2c higher, in consequence of the demand from the Government Leaf tobacco is very firm, and prices still tend upward. It is be lieved that very little has been planted in Virginia or Tennessee this season, and that the crop will be an extremely short one, and as a necessary consequence, very high rates will be the re sult. An increased breadth of land is being planted in this State. but Ohio leaf can not be made to supply the place of Virginia and similar qualities. There is less manufactured tobacco the country now than at any time for fifty years, and desirable article is not to be had. Common twist is scarce and up to 18a19c. Linseed oil has advanced to 87a88c, in consequence of speculative demand and a light stock. A manufacturer is the chief buyer. There has been hardly anything done in mess pork, and prices have been nominal; good country brands were offered at $10, and city at $10 50. It has declined to $11 25all 50 in New York, the stock there in the inspection warehouses being 155,415 barrels, the largest by fifty per cent ever there at one time before. On the 1st of June last year the stock was 70,550 brls. Notwithstanding this large stock, and the decline in price in New York, recent events have strengthened the hope of Southern demand, which hope has existed to greater or less extent since last January, and tantalized the trade more or less, holders are firm, and third class city brand sold today at $10 50, and first class brands could not have been bought below $11. There has been very little done in bulk meats, but they have been held with uniform firmness excepting some lots of country cured, not regularly cut, which sold at 3a31/4c for shoulders and 51/255 for sides, and yesterday a lot of clear sides sold at 53/c City cut and cured is held firmly at 31/c and 53/c for shoulders and sides, rib in, and 43/c for hains. There some risk incurred the transportation of meat in bulk now since the warm weather in. from the fly esterday 10,000 pieces shoulders and hams sold at 31/4c for the former and 41/c for the latter, taken from canal boat, and the previous day 5,000 pieces sides, part of the same lot at 521/2 A very light demand for bacon, but it is beld firmly at 33/a4c for shoulders, the latter for heavy, for sides, 63/a7c for clear sides, and 51/45 1/2 for common hams. Sugar cured hams sold at 63/a 71/c. Lard has ruled quiet, but is held firmly at 71%c, but not much done; keg is nominal at 8c; butchers 6a61/o; no head or gut offering. A good business doing in groceries, and the market quite firm; molasses advanced to 49a50c, and the stock nearly exhausted, many of the leading hou ses having none. Sugar is 1/4 higher than for raw; Cuba 81/2a 9c and Porto Rico 91/a91/c No change in re fined. Coffee very firm at 201/a221/c. The stocks of sugar and coffee are light, and the defrom mand Quite an active Government demand for hay, and prime timothy tight pressed is wanted at $18. Loose pressed is in demand at $16. A good Government demand for beef cattle, and over two hundred head were taken at Monday's market by the army contractors, but prices are unchanged. Bank Swindlers. It is time that something was done to prevent swindles by agents in this
