Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1861-10-30

The rates Of freight from the West are being
fell more seriously, the managers of the different
lines of transportation advancing the rates from
day TO day rs circumstances suggest. A Chicago
paper illustrates the manner in which the high
rates Of freight operate against the farming COM
munity in Illinois, by showing that whilst corn is
worth &c in New York, the freight and charges
from one of the way stations in the interior of
that State TO New York, is SIC per bushel, leav
ing the net proceeds for the shipper &c per bushel,
and for the farmer, we NAV add, about &C. a bush
ell The same paper thinks that the transporta-
ton corporations ought to become philantropists
and do the business for less, and thus allow the
poor farmer more for his share. This is very
beautiful in theory, but it seems to us to be i'm
possible in practice. 1t is certainly a very silly
thing to suppose that the ship owners or railway
men will make any concessions. for they no doubt
remember well the time when they carried freight
at rates inadequate to pay actual expenses, and
now we must admit the inducement is strong to
make up for past losses, ano NJ doubt the deter
minatiOn is as strong as the inducement to do il.
The railroad companies running east. are now in
an impregnable position to take the lions share
of the financial profits of the foreign demand for
breadstuffs the present season, and if -four should
60 up to $40 per barrel in New York, there seems
to be little doubt that the rate of freight on it
from the West would be SIS.
The weather has been changeable. A good
deal of rain fell. but the temperature is high,
ranging from so to 60. There has been no frost
of consequence so far.
Flour has not changed much and is dull at the
close at 81 1904 20 for s~uperfine and 81 500
A 40 for extra and family. The high rates of
freight and the unfavorable news from New York
caused the market to close heavy. Wheat has
been in light supply and good demand for the
local millers, and prices advanced TO s5@90c
for prime to choice red and 90@95 for prime to
choice white; but Yesterday 2@3c of this advance
was lost, and S3@6oc for red, and SS@93c tor
white we're the closing rates. Oats went up to
Bic, but the receipts being large. fell back to
261S@27c, and closed very dull. There has
been a good demand for the army, but the sup
ply in the country is good and fully up to any de-
msnd which NAV arise. Rye advanced to 3S@
4Oc, and in fair demand. Corn remains steady
at SOC.
An improved demand for barley, and prime to
choice fall brought 45@5Oc at the close, but for
the lower descriptions there was no demand.
Barley malt is selling at 60@65c. The stock of
this article has been very large. and caused the al
most total absence of demand for barley for some
time
Whisky has been IN brisk demand. and prices
went up to l5Lc. This demand was chiefly from
the manufacturers OF alcohol. The market
closed less %buoyant. The provision market has
dragged heavily, and with the exception ofbacon,
prices have been to a great extent nominal. Ba.
con has been sold to a moderate extent ut 1870
5R and 65ac., chiefly for army purposes though
some has been taken for the East, and a good
deal more would have gone thence but { ,r the
want of shipping facilities and high rates OF
freight. Bulk meat may be quoted at and Size.
Mess perks IL 50@l2 IS. Bacon at aga. So aud
63Sc and sugar cured hams at e@9c.
Prime lard would bring SIC in ~tierces, but the
stock is exhausted. Butchers is worth 6%@7c,
the latter packed.
Under favorable adyices from New York in the
early part of the week. linseed oil advanced,
first to 55c. and subsequently to sea SIC, closing
with a good demand at the latter rate.
In the grocery market no change of import
ance has taken place the jobbing demand has
been good. but the business done in the large
way has been small. Holders remain firm, how
ever, at full prices, though in some cases purcha-
ses have been made on rather easier terms, than
they could have beena week ago. The advices
from New York, which is the governing market for
these articles just now, indicate aiurther advance
in coffee and sugar. with light sto ks. Refined
sugars are &c lower, closing at llM@1I%c for
powdered, granulated and crushed. The supply
OF potatoes is ia excess of the demand, and pri
ces are a shade lower. Shot, has advanced to
$22 so. Lead is no higher.
Spirits turpentine is up to 81 7O@l 10, owing
to a light supply.
Tar IS higher.
Green apples are in large supply, but the great
bulk of those aniving are poor in quality and in
bad condition, and prime to choice are scarce and
sell at 81 1902.
RaIsjns are 25c per box higher, and currants %
per 10. above last weeks quotations.
The demand for manufactured tobacco con.
tinues good, but not rs active as it was a week
ago. The demand is chiefly from the Eastern
cities. Leaf in good demand at full prices.
With regard to hogs, the general aspect o. af-
fairs has not changed much. Some disposition
has been displayed by dealers in Boston and New
York to contract at 50 for November, but none
can be bought, delivered here. at this rate
and not less than 50 so. The Cincinnati packers
think that even S. is too high, for they say i
with but a moderate crop last year, a good for
eign demand and a fair proportion of the croT
taken by the South before the blockade, the guam
tity left in the North. Notwithstanding the army
demand was greatly more than what was needed
and hence prices went Gown to a very low figure
what disposition can be made Of an increased
crop this year, with no market at the North, anC
but a moderate one abroad, even at 50; and thus
the matter stands, a general want of distrust anc
few disposed to buy for future delivery. w
should not be surprised, however. if the marke
would open at 50 so, but as it is now, over s;
can not be obtained.
We notice il reported that the Chicago pack
ers are Offering to sell mess pork for Novembe
at $40, which is equal 70 50 IS for hogs.