The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-02-09

I (d1Iz per cent. per annu1n. very HIIIe
doing in sight drafts on any other point.
| Southern unsaleable. The demand for
sight exchange on New York during the
week, has been good, fully up to the supply,
and the market closed firm, rather buoyant
at our quotations. Sight checks on Phila-
delphia now rule the same as New York
and Boston. On Baltimore, bankers are
refusing to buy at over dis. the advices
| from that city are less favorable. The
closing rates are as follows
Buying. Selling.
| New York sight.......... as prem. Il prem.
Boston; ;te9:;;;,;: prem. prem.
Baltimore. .4CQ% dis. ~ par.
New Orleans: Esaii s:;;..-'.''..14g1ap prem G@ prem
In the grocery and general produce mar
! kets there has been quite an active business
done during the week, but in the manu-
featuring departments there is continued
! depression, and those engaged in this de-
partment feel it somewhat severely, though
not as much so as they did in 1854-5 and
| 1878. A large number of operatives are
out of employment, but the low prices and
great abundance of food and fuel curtail the
suffering which would otherwise exist very
materially and to these may be added the
unusual mildness of the weather.
! There was quite a large demand for flour
| from the Southern States during the week,
and prices advanced fully 1O015c per bbl
| The amount taken for the South, including
| that shipped to New Orleans, was not less
! than 10000 bbls, but at the close, owing to
| the large amount of produce shipping over
/ the railway from Louisville to Nashville,
! the officers of that road have given notice
that no more freight can be taken for some
! time, and this stopped the purchases of not
only flour, but of corn and pork, upon or
ders from the South. The demand has been
chiefly for superfne, and the closing rates
for this grade may be put do En at 65M
70. Extra ranges from 4 so to 25 for
! low to choice white wheat. Wheat, oats,
and rye have not changed essentially during
the week. Ear corn remains steady at 35c,
but shelled, owing to the difficulty il ship
pins South, declined &c per bushel, closing
at 36@38 in bulk. Barley very dull, and
declined to 70075 for the best offered.
Glover seed very dull the receipts are
very large and the stock rapidly accumulat-
ing. The export demand is quite light and
sales are made with difficulty at our quota
tions.
Whisky ruled steady all the week at I4c,
the demand being fully up to the supply
The whole amount received during the
week was about $500 brls., including that
received by wagons, while the shipments
reach 7,454 brls., indicating that the stock
has been pretty largely drawn upon. OF
the shipments, nearly 1000 brls were
shipped to places on the Mississippi south of
Memphis.
Cheese remains dull the receipts are
light, but the export demand is quite limit
ed. Shipping grades W. R. sell at 81, and
fancy 9@1O3c.
The week opened active for mess pork,
bulk meats and bacon, and large business
was done in bulk pork, on Wednesday, the
sales reaching one million pounds at 65c
and SIC for shoulders and rib sides, and 95c
for clear, and about 5000 brls mess pork
sold at SIT, chiefly country, as city was
held at $l7 %. Thursday unfavorable news
! from New Orleans caused buyers to with
draw, and the market became quiet and
rather dull, though holders displayed no
disposition to force sales, and up to the close
the quantity offering of the various articles
of the hog product, has been small but in
excess of the demand, so that the sales made
during the last three days have been few
and small, and at decline. Mess pork is
offered at SIG "a for the best country brands,
and SIT for the best city; bulk meats at
| 64063c for shoulders, and 8&m85c for
sides, and bacon at u, %, and 1O3c, with
sales at Il and 98c for shoulders and bone
sides, and not much demand even at these
rates. Lard ruled dull all the week, and
| saleable only to a limited extent at 94M93c
| for country and city in tierces, and 1O@1O4c
in kegs, with hardly any inquiry for the
| latter, but the asking rates have been 93M
! 93c for tierce, and l05c for keg. 1t seems
that New Orleans was the chief basis upon
which was predicated the large demand in
the fore part of the week, but the large sup
! plies which went forward to that market,
the last three weeks, have stocked the mar
ket, and prices of mess pork declined there
! fully So SO per bbl from the highest point,
closing dull at $1s@I8 so
Confidence in present prices continues
strong and general among the trade, and
there can be little doubt that all those who
can will hold until the summer months and
except something arises not now foreseen,
we feel confident that no important decline
can be established during the spring months
though fluctuations may take place within
the next sixty days, consequent upon the
| necessities OF some holders, which will COM
pei them to force sales; but much higher
rates than those now current may, we think,
be looked Tor during the summer months, be-
cause the supply, in proportion to the de-
mand, will be far behind that of last season;
'lnU Wis "PPiieS I" All afllcles OF the noS
product except lard.
There was good demand for bacon in
the early part of the week, but the supply
being better as the week progressed, the
market became dull, and holders being more
anxious to realize, prices declined to u and
93c for shoulders and sides, and the market
closed nominal at these rates though the
offerings were quite light
The Grocery market has been very firm
all the week and the demand good, and su-
gar advanced 49S per fb, and molasses Ic
per gallon; closing quite firm. Coffee has
been in good demand, and closes firm at
full rates, under the advices from New Or
leans
The receipts of hogs during the week,
have been Ouite LIGHT not ,oucb moro tho :,