The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-11-09
From Cincinnati Price Current, Nov. sth.J
Financial aud Commercial Summary
for the nasf Week.

Very little change has taken place in the
demand for money; the offerings of &C
ceptable business paper light, and for such
the market continues easy, at 10@12 per
cent Hardly any time bills on New York +
offering, and when of frst-elass description, I
they meet with ready SALE at SOLO per /
cent. per annum discount, whilst those Sc
cured only at one end are not negotiable at
under u per cent. The supply Of exchange +
has been greatly increased within the week /
by the influx of Government Drafts, and the Z
market has beeomegery dull at par buying /
and i prem. selling rates. The pork trade, |
just now beginning, will increase Eastern |
balances largely, and no doubt place ex
change on the Eastern cities below par.
The demand for gold is light, and the
market remains dull. We quote
Buying. Selling.
New York. .....-ear977 5prem- 74prem.
Boston ..... par 34prem
Ihiade ph1a.. ....t.. par 14prem
Gold...............-.. .......11s prem ss91aprem
Missouri currency, of the first class grade
is better, and is being bought by the bank
ers at dis. Not much change in other IN
current funds.
Business throughout the city continues
moderately active, far more so than was an
ticipated. There is an enormous business
doing in the manufacture of army supplies,
including Infantry and Cavalry equipments
There is also a heavy commissary business
doing and these with the fir country de-
mand for merchandise, produce very geuer-
al animation in trade, and give to our busi-
ness streets a stirring aspect.
The weather has been changeable. There
was some heavy rain last Friday and Satur-.
dav, but the temperature has been quite
mild and not low enough to seriously check
vegetation.
A heavy storm has swept over the Allan
tic slope of the Allegheny mountains,
reaching to the coast. The rain fell in tor
rents for twenty-four hours, producing sud-
dea freshets in the rivers, and at Pittsburg
the river rose twenty-five feet.
Flour has not changed essentially during
the week. The demand has been light, but
holders are not being disposed to make any
concessions, no decline was established,
though yesterday lots forced on the market
would have produced decline of go loo
| per brl. At the close prices were nominal,
under the news by the Persia, W hicn ar
! rived at New York yesterday. Wheat
/ closed dull uuder the same adyices, and
/ prices declined % per bushel, closing norni-
! nal at 75080c for red, and $4,000 for
/ white Corn declined to 29c. Oats have
/ been 10 good demand at 263@27c. There
/ is quite large army demand for them
/ Rye ruled at 42(d943c. Barley dull at 450
/ SOC, and the demand not equal to the sup
ply. Whisky a good demand at l43c, and
fully up to the supply. No important
/ change in butter or cheese.
Provisions have been in but limited de-
mand, and the market has been a good deal
depressed, holders being anxious TO sell, and
offering TO make concessions. Bacon is of
fered at 4@44c for. shoulders, 54@5sc for
sides, and 6t(064c for clear sides but at
the close these rates were nominal. Bulk
meats could have been bought at 3ac and
&c for shoulders and sides, and mess pork
at SI23I2 Is. Nothing sail about lard {;
i there is no old in the market, and go new
Offering, or indeed inquired for. The range
of estimates is from SC TO &c. The first
sale Of hogs on the spot was made on Mon
day. a lot of 500 head sold from hooks at
+ So 10 averaging 200 lbs. They were
packed yesterday. But there are not many
buyers even at this rate, and it is clear
that the pressure of a few thousand head
would force prices below So. Although the
time is now here when the packing season
generally commences, the arrivals of hogs
are light, and TO desire is displayed on the
part of packers to begin operations Hog
jobbers, or drovers, are not in the market,
to any extent, and the indications are that
feeders will sell this season to the packers
directly, to a greater extent than ever be-
fore. If the Southern market is not opened
| up it is universally admitted that very low
prices must prevail az large quantity OF
the pork packed viii have to be held over
/ for year or more before it can be oispos-
ed Of. There are parties outside of the
trade disposed to invest in mess pork, mere
IL as an investment, at S. or SO per bbl,
/ and no doubt there will be good deal Of
this done at the prices indicated. There
was sale of 1000 bbls made in the early
part of the week, for December delivery, at
S. 70, but there have been buyers at 500
9 25 since then. It is not offered below
! SO now, we think. Green meats sold at
7 2Rc and 4 &c for shoulders and hams.
There was a sale of plain canvased hams
within the week at the low price of &C, and
sugar cured sold at 63(37 for good brands
A good deal of old stuff was shipped to the
East to seek market the past week. The
stock of barrel pork in New York on the
1st inst. was 30, 900 barrels against 40, 600
1 last month, and 90, 600 barrels last year.
/ In the grocery market but limited bust
/ ness has been done, and prices Of sugar and
( coffee are &c per 10. lower, and molasses 1c
/ per gallon lower. Sugar was rather frmer
at the close, under favorable advices from
! New I ork. -~ H.
From stray New orieous paper which
/ reached Us, we find that food is ruling at
famine prices in that city. Flour is selling
/ At S7@S9i coin 93@ 95e per busbel; oats
81 & per busheli mess pork yorty.jfUs
/ dollars per barred bacon 22(025c per
4 pound ; lard 27(427c, and rectified whisky
ninety cents per gallon; hogs $1ot013 per
Genital gross, and Texas beef cattle, $30@
40 head, aud cotton and sugar not salea-
F.! bic to any extent