Weekly Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1853-1861, 1855-03-29
STOCK SALES, MARKETS, &C,
Monetary and Commercial.

WEDNESDAY, March 81.
There is no change in monetary affairs. The Free
Banks, such Of them least intend operating
the provisions Of the new law making their line Of
with that view Discounts are making spar
inely at from 9 2 Exchange is selling at
? cent. premium.
The Cincinnati Columbian Of yesterday SAYS:
a. Freghts regular and we'll sustained. We quote
To Pittsburgh 2Uc 100 rs; TO New Orleans Soc; and
st. Louis. 30Ga5c Tor heavy, and 4J9JOc for Dry
foods.
ihe White Water Canal is in good nayigable order.
- In the money market no feature is observable.
The demand is moderate and all strictly prime paper
offered Is discounted at 10 10 cent. by the regular
bankers. Outside rates for good paper range from II 10
"a 2 cent Eastern Exchange, 1aCasIc prem; New Or
leans do, kale prem. In Uncurrent Money there Is
much dOin-Circleville sells at zoe, and Kentucky
Trust Company at 35c; Indiana Free Bank paper is the
same as last week. y
The New York Tribune of the 18th says
- The Stock market continues To- be active, and the
impulse given by the foreign news received on Friday
has been felt during the day Al the Second Board the
market was very buoyant and len of above the highest
printed prices The leading fancies in large de-
mand and those who have heretofore been the freest
sellers appear have changed their policy and bought
largely. Reading continues the most active stock, the
sales exceeding 6,OOO shares and touched s5s, ad
of = cent; Erie was also active, and went TO
AZ New York Central sold at % Panama fell on
a, b cent. The Western Railroad stocks were firm.
Cleveland d Toledo continues 10 advance. and sold at
80, buyer sixty; Chicago Rock Island, 500, ex-divi
q Chicago, 90. The Coal shares strong. Del
aware advanced TO l25; Pennsylvania Coal, 1867 !;
Cumberland, Sail showing considerable advance,
pecially Delaware; Canton In demand at better
prices, selling high % Nicaragua firm at Is
In Railroad Bonds the business large, with strong
market. The sales are SlsOO0O. Illinois Central ad-
vanced To 81; " " Central, IS l0lt Erie Is55 ~
ls62. 81 1911, So; lSo3 o3ls, ~c State stocks in
good request, and the market Is strong Virginia, %
Missouri, 95a; North Carolina, 80; Indiana Fves. 81
Louisiana s31s, &c. In Government Stocks there is
nothing doing
the Tere Haute and Alton Road expires the Goth inst
Tuessay,) This loan Is for million, and
the which the subscription is opened is IS, which
low for cent. bond has attracted the attention
of moneVed men, and the subscriptions already sent in
reach S7OOOt0. The friends of the road entertain
doubt that the whole subscription will he made up The
payments the loan through to September next.
There had been expended In The construction and equip
of the road the first day OF January, A. ID.
the S3537 424 J2, and that there was required
to complete the road, according 10 contract the sum of
l3j44s s3Of which S66 $50 is provided for BY stock
subscriptions, leaving SUI 1853 %, exclusive Of interest
upon the Indebtedness of the Company during eonstruc
ton which be realized in cash from further sales
of the bonds of the Company, in order 10 complete the
road according 10 contract. The best interests OF the
Company il thought, demanded that this sum be
provided without delay, To push the entire work
forward To the earliest possible completion, and thus
render productive the expenditure already made. Ac-
cOrngly the Directors determined to make the above
issue Of 2d Mortgage Bonds. Stockholders have the
preference in this subscription. The first mortgage
this road. upon which 1851 600 has been expended, is
only a million. The connection between Icrro Haute
and the Chicago Brunch OF the Illinois Central Road
will be completed in few weeks when large traffic is
Anticipated and the entire line To Alton and ST. Louis
during the year In addition TO the through business
between st. Louis and the East, which this road will
command is Of the best located roads in the West
for local traffic
The Cincinnati Gazette OF yesterday says
Eastern Exchange advanced to-day We, closing at 4
al premium, bat the general impression seemed to be
that this made without sufficient cause, and
the principal drawers Of the opinion that the
proyement will not be sustained.
The New York Circulars of Tuesday, for the steamer
Of "Wednesday, furnish the following quotations for
State Securities