The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-09-24

tFrons tss csnoianqts Price cssrrsas. Sept 1athl
FAnanciaI and COMMERCIAL SUNNI airy
for the Past week.
a moderate general improyementin busl-
ness increased the demand for, and reduced I
the supply of, currency, which gave closer
character to the money market. There has
been more first class paper offered, also, SO |
that on the whole the market has become |
frmer and more active, and the prevailing |
rate for the best time paper is II per cent, |
and for call loans per cent. Over one |
million dollars in the demand notes Issued
by the Government have been received IN
this city and st. Louis, to be paid out by |
the Government agents; so that we may
soon look for them in general circulation,
and they will naturally be regarded as the
soundest and best currency extant, ana WlH
be anxiously sought after by the people
generally, and used for boarding TO some
extent being much more convenient than
gold. We understand that there are twenty
clerks constantly engaged at Washington,
in signing the names of the Registers and
the Treasurer to these bills, about three hum
dred thousand dollars of which are daily
perfected, ready to be paid out. The ser
vices of more than a hundred clerks are re-
quired to do the @clippiugsa of the notes OF
all descriptions and denominations. -9s
These demand bills are of the denonina-
ton of fves, tens and twenties, and are re-
deemable in specie at the place marked on
each bill, that is, those issued here will be
redeemed here, and so as regards all the
leading cities. This. win prevent their nse
instead of exchange, as those notes made
payable here will be at slight discount in
New York-say 4(99 of ! per cent, per-
haps'
In consequence of the scarcity of cur
rency, exchange has ruled very dull, and
bankers checks have been sold, in some
cases, as low as ] prem, though the pre-
vailing rates were the same current week
ago. -. sz ~
| - ~ TO Buying BE- Selling.
New York.........-........9 dis 9par. 1s@4 prem.
Boston....... s......s..4..1s dis. gpar 7a@4 prem
Philadelphia. '''.''''1 dis. Qspar 594 prem.
Gold . i lfprem - sz@1z prem
| The two year Treasury Notes have been
selling in this market during the week at
9s3099, including the accrued interest
| Money is in more demand in New York,
the rates being 5@6 per cent. for call
loans, and to 9, for time paper. Sterling
Exchange has advanced there to 71@s.
| which will stop the Importation of specie,
The absence of cotton bills, notwithstand-
ing the heavy expectation of breadstuffs,
will, no doubt, place exchange against this
country, and lead to the expectation Of
specie, but not to any alarming amount, as
the purchases of foreign goods have been
and still continue on a most limited scale.
The total value of the imports at New York
for the week ending last Saturday, being
only $3.50, $50, against 3d. sos, T29 the cor
responding week last year. A sE
In the general business of the city there
has been a marked improvement within the
week, and our business streets present a
good show of their usual animation. Wheat
has been dealt in largely at an important
advance, and the demand for provisions has
s improved, and prices are better Sugar,
nolasses and coffee have advanced. ~ sf
4 The weather has been changeabie the
temperature has been high, reaching 81
Saturday and Sunday considerable guam
tity of rain fell, and the atmosphere has
been damp and sultry the greater portion
of the week, but yesterday it became more
cool and bracing. An important rise has
taken place in the upper Ohio, and there is
now good stage from Pittsburgh to this
city, furnishing welcome outlet for por-
ton of tue large quantity of freight which
n has accumulated here, and which the rail-
Z ways are unable to take off s
Il Flour, under the advces from New York
anc England, advanced about 15c per bril-,
but ewing TO thessSlF ~ = RFsae extent local,
and The advance less than It would be were
4 there good shipping facilities at ordinary
rates. The closing rates were: Superfne
So 1908 so; extra So 9o04; and family
Sd 1904 rs. Wheat advanced 5cper bush
ell, and the demand has been active prime
to choice red selling at 7e090c, and white
Sa69oc. The demand has been for the
higher grades chiefly. t5.r s5-
Corn has ruled firm at 27c. Oats adj
vanced to &c. Rye declined to 37(038c.
Nothing doing in barley, and prices nominal.
Whisky has. been steady all the week at
13Ac closing firm. Butter in better supply,
and rather lower, the best selling at 13c
There has been an improved demand for
bacon sides, chiefly from New Y ork, and the
sales, including soma shoulders and clear
sides, add up 700 hogsheads, closing at AZ
(043e for shoulders, though some outside
lots were procured at a 4 5s(954 for sides,
and 63@ekc for clear sides. -.
The demand for army supplies is being
felt now pretty generally, and has had a
stifening influence on the market st the
close, though in the fore part of the week
holders were quite discouraged, and gener-
ally made concessions on all articles, in
dueing more unsettled market than had
| Oeen lot some Ilu1e. mess PORK sofa at
S12 rs, but it was offered less freely at this
rate at the close, under the advices from
New York, and the increased demand for
army supplies. Bulk meats have been sold
= to the extent of go, 900 lbs at 3s(63B for
shoulders, A. &c for sides, and 54c for clear
sides, but at the close 33G944 and 81 were
the.rates asked by holders, and at which
they were firm. Lard is quiet at Sc for
tierce andl8} for keg, 500 tierces and ], 600
kegs sold at these rates the first few days of
the week. 4 ..rt.-.srest aTr saEa s}5
The Government contract to supply the
camps was awarded last week at So rs for
mess pork, 7sc for clear bacon sides, aud 81
for hams canvassed. The indications are
that the army demand will be quite large
from this time onward. There has been a
further important advance established in SUI
gar, molasses and coffee, under continued
: l. = 4