The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1860-05-05
T From ~ ci,,ei,,nali Price c.-,e,.f, sfay2.
Business and Financial summary Tor
the Past Week.


The demand for money during the week
has been but moderate, and were it not for
the, scarcity of currency, which continues TO
be used in the creation of exchange, the
market would have been quite easy. South
ern and Eastern orders for provisions were
being filled more freely, and there was an
increased demand, SO that considerable
amount of exchange will be made from TINS
source There has been no change in rates
during the week and we continue to quite
as in our last, except. for New Orleans
which is 50 scarce that notwithstanding the
limited demand, the supply is not equal to
it; and ] prem. is being paid, though bank
ers seem unwilling to pay over par.
Owing to a decline in Eastern exchange at
Chicago TO ] ] prem, Illinois and Wisconsin
currency is better, and was taken Monday
and yesterday at ] dis, the same as Mis-
souri,.
The most important fact connected with
the business of the week was the favorable
news from England regarding BreadstuttS
which caused a rise in the price of Hour 10
| New York equal to zoe per brl, in wheat of
&c per bushel, and in corn oi &c per bushel
but De of this advance in -four was lost at
| the close, and 2(G3c in wheat and corn.
/ The fact is, the advance in The English mar
kets seems to be too new to have the CONT
| dence of spectators and shippers, and they
are afraid, no doubt, that it is predicated
| upon basis too uncertain To insure perma-
| nency. F~st.. b.. t
| In Provisions, ~ good business has been
/ DONE, and the market has ruled frIner,
| though no impertant advance has been es-
tablished, though an advance in mess pork
| has been strongly eontended for; but as soon
| as holders put up prices, the demand ceased.
! This demand is chiefly from Southern plant
| ers though some goes East. Bacon hns
| been bought more freely the last two
three days, and some 700 hhds sold at 7 Is
| GG74c for shoulders, and 81 for sides, indi
eating the turn of prices 10 he in favor OF
sellers. The demand is from the East and
| Southeast, with some speculative purchases.
Clear sides are held at lG4@1lc, with but
a limited demand for them at the inside
price. tr- l. fu r
| Bulk meats haze been held firmly the
| greater portion of the week at CSC for
shoulders and s4GGe4 for sides, the latter
rate for heavy, but the demand has been
but moderate, and tho business done has not
| been large
| Lard has been in good demand, and buy
ers, in order TO move it, had to pay l04, at
which rates some 700 brls sold Monday and
| yesterday. We hear complaints of IL scare
! ity of this article, and it is stated that there
is now quite n light stock on the market, or
indeed in the city. Manufacturers have
been buying pretty freely. We did not
hear of sale of key during the week, and
must therefore call it nominal, at / /.
Sugar cured Hams are dull, and brands
not well established have been sold at IO4c
I 9l0i. We understand, though, those Of
established reputation bring Il to III.
In the Grocery market there has been no
T.
| better business doing in the regular way,
and We notice some demand from the Lake
region, but in line large Why the market has
been quite even for Coffee which has been
bought qnile sparingly, though full rates are
realized.
The receipts of Corn during the week
have been very light and the market ruled
buoyant, closing at 46(94T Shelled Is
wanted for Tennessee and would bring AS
in hIsbk, aud 54Gg5S in bags on arrival. .-
The receipts OF Oats have been large,
md the stock in the city being heavy, the
market rs very dull ut A., closing With Il
continued downward tendency. RI p t<
Whisky advanced &c during the week,
and closed steady.
1t will be seen byreferring TO our market
review, that Ginseng and Bceswax have
both declined. -
We wonld also call attention to our re-
marks upon Wool the future OF the mark
ct looks rather blue for owners Of this
ticle