Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1851-04-17
From the Cincinnati Price Current
Commercial SUMMARY

The markets for breadstuffs both East and South
are well sustained. Ohio Flour brn 1ing 81 10 New
Orleans, and ordinary brands 81 10 at New York
These prices allow margin for shipment, and the
trade at present presents pretty healthy appearance
This, however, is attributable increased de-
mand but 1t is caused by falling off in receipts. The
current prices OF Wheat in the leading markets
low, comparatively that holders of grain are not dis
posed to send forward supplies and unless the markets.
as the season advances oer bet inducements than
present, the probability that supplies will continue
light during the next two months at least.
The late advices from Europe favorable,
Flour having advanced Cd per barrel. The average
price Of Ohio Flour in Liverpool was equal to 50 %,
leaving but "a cents to pay shipping expenses commits
slons &c, alter deductng l6 for duty, and allow
ing the exchange to pay the freight There is, there
FORE no reason to expect yet any material increase
IN the foreign demand but already remarked, the
domestic markets well sustained, owing light
receipts and the prevalence of home demand about
equal thereto. The Eastern market, however, will not
be fully tested until the opening OF the Erie Canal
which IS announced for the 10Th inst Corn has rather
improved in New York but is giving way in the South
and West. The supplies in the West are more ample
than anticipated, and owing to the decline
at New Oreans, larger quantity viii be diverted
through the Northern channels than intended for
shipment in that direction. Dstilleres throughout tie
West have been compelled, owing to the decline in
Whskey reduce their quotations fully FIVE per
bushel within few weeks and in this market they
only offering 80 35c and few would pay the latter rate
The interest, which the provision market throughout
the West, presented few weeks ago, seems to have
been transferred the East New York operators pre-
diced long crop of hogs, and that belief together
with the supposed large stock of barrel Pork, proven
ted them from operating during the packing
But now they compelled to admit that their predc-
tons were not based upon correct reliable data. and
within the last few days prices have advanced fully SOC
per barrel, and far Judge from appearan-
ces, the tendency is still upward In New Orleans
the 4th, the market was firm $14 for mess, and here
Sl3 has been refused We find that the receipts New
Orleans from September LIST March 29th, comprised
only 173 l72 bbs against 491 s42 bbls same last
year, being deficiency of 31S ,476 bbs. From the
best Information that could be obtained at the close of
the packing season 1t supposed that the falling off
m the barrel Pork would be about fifty per cent This
Is about the deficiency shown by the business at this
port, but the receipts New Orleans Indicate a much
greater decrease Some contend that there is larger
quantity in the West than at the corresponding date
last year. This may may be correct 1t is
however, correct regards Cincinnati, for know
that the stock here only about 5000 bbls while this
date last year 30 900 bbs. We have
letter from dealer in ST. Louis, who places the stock
In that market, including the Illinois and Missouri rivers
at 10 600 bhls. Ii the latter statement correct the
receipts at New Orleans will reach one-haf the
quantity sent forward last year.
We have reliable information as the stock in the
Wabash Valley, but of the Pork intended for
the South has been forward the receipts Toledo
by canal will furnish correct information on this point
In the exports of Pork foreign since JAN
nary 1st, there is falling off of about 1000 bbs. The
recent advance will tend TO check still farther the for
eign demand. and also the home consumption.