The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-04-29

EVANSVILLE JOURNAL COMPANY. .
Journal Buildings, Locust ST.,
BsFspssn First and Water.
From he Ci,,oi,.'.ali Price Current: 4pril "a.
I Financial and Conan eTcia1 SumHa- .
ry for the past Week.
The great crisis, consequent upon the
civil war; produces great caution among
bankers and money dealers generally, and
the disposition to circumscribe business con-
! tinues There has not been much demand
for money, but it has been about equal to
the disposition to meet it, displayed by
bankers. The supply of currency is large,
and the chief care with the banking houses
is to convert it into exchange or gold, as
! far as it is considered of n doubtful charae-
ter. Kentucky currency has been handled
more cautiously during the week, and is
| kept in circulation The law, giving the
banks of that State the privilege of suspend
/ ing specie payment, which we published in
our last, together with the position the
State occupies in political sense, produced
much distrust in the currency, and in the
interior of this State and Indiana it has been
bought at rates ranging from to discount
of parties who had become alarmed
! Though taken on deposit, and passing cur
rent in trade here, it is, as compared with
the paper of this State, and the State Bank
! of Indiana, per cent. below par, as ex-
! change On New York can be bought with
/ Ohio and Indiana currency at l prem,
! whilst it is quoted at prem. for Kentucky,
/ which constitutes the chief circulating m e.
! dunn Of the city. The brokers are retailing
/ gold at prem. with a pretty strong de-
! mand.
Rates of exchange on Baltimore are nomi-
nal, and the same may be said of New Or
leans. We quote;
Buying Selling.
| New York Sight.....u.... 2g215 prem. prem.
,' 3S9a prem prem
1 baltimore
! New Orleans. dis.
American GOld...............4 prem. prem.
The market for uucurrent money has
been very much unsettled, and rates of dis
| count have further advanced. Illinois and
Wisconsin is now quoted at 90 dis, Mis-
souri, IS, and Iowa 10. Virginia ranges
from to %, Louisiana 5G1IO, Tennessee
1920, and North and SoHth Carolina,
Georgia and Alabama, so dis. We give the
rates in detail in our bank note list, on the
third page.
Wheat has ruled dull and heavy, and
prices unsettled. Millers offer 90c and 81
for prime red and white, while holders con-
tend for 8(0l0c higher prices. The rates at
which sales are being made, may be put
down at 95c0SI for red, and 81 02@1 10
for white. Corn advanced to 34c for ear,
the receipts being light, with sales of prime
white shelled at 38039c in bulk. Oats
advanced to 27c in bulk and 28029c in
bags. Rye declined to SOC. Barley is
nominal at 60@65c. Whisky, under light
receipts, advanced TO Isle, but again fell
back to 123c, and closed dull at that But
ter has been in better supply, and declined
&c per ID. Cheese very dull some small
parcels new have been received and sold as
low as 64c; old Western Reserve sells at
SIC and Hamburg at sc, but English Dairy
is nominal at Sc.
In the Grocery market the business doing
has been quite light, the sales confined to
small lots to meet the current wants of the
trade. Prices are unchanged.
With the exception of demand for mess
pork from the East, business during the
week has been greatly depressed, and the
transactions quite limited. Trade with the
South has ceased, and the shipment of pro-
visions to that section has been prohibited
by the officials. Indeed the excitement
which pervades all classes renders the trans
action of business to a great extent imprac-
ticable. Merchants minds are so much
absorbed by the fearful torebodings in con-
sequence of the civil war that they cannot
bring them into that calm matter-of-fact
mood necessary in the transaction of busi-
ness.
Flour ruled dull, and the sales were con-
fined to small parcels extra and fancy
brands, to meet the wants of the local trade
Supertne has not been in demand, and is
nominal at 81 25@4 35. Extra sells at
81 5000 GO, and family at S4 9OMS5.-
Fancy brands selling on their merits, bring
81 IS to Sc, according to quality.
Tanners bark has declined 81 so per
cord, and is very dull. The receipts have
been large.
Beef cattle dull and fully SOC per GENITAL
lower; the supply exceeds demand, and
fully 200 head were lefG over unsold Mon
day, the closing rates were being $3G93 %
for prime to choice per GENITAL gross Hogs
have further declined, and are very dull at
So 5OG}4 gross, the latter being an extreme
rate for very choice. Stock hogs can not
be sold at over F3093 %, but not many
offering.
The distillers continue to force their hogs
on the market, which is the chief cause of
the continued depression. Lard oil has de-
clined Sc per gal, with less demand. In
the fore part of the week quite large de-
mand arose for mess pork, and prices ad-
vanced to SI7 % The sales were $500
bbIs at SIT OO6lI7 25, the latter rate for
Z
mand fell OF, aud yesterday 400 bbls. city
sold at Sl7 90, being decline of 25c, clos
ing dull.
Mess advanced to SO 90 in New Orleans
and New York, but in the latter market
625c of this advance was lost owing to the
stoppage Of shipments to the Southern
ports from them There has been hardly
anything done in bacon, though sides have
been offered at 9@lOc, the latter for clear.
/ Bulk meats have not been enquired for.
/ Yesterday lot of 900 lbs. shoulders,
/ found on the Market sold at sc, decline of
one cent it is probable that no more could
have been bought at this rate. Sides are
/ offered at SC.
Lard declined to SC, at which rate 200
tierces sold yesterday. Prime pork declin-
ed to Sl2 so, at which rate 100 bbls.,
without heads, sold last evening. Rump
pork is nominal at $l1 OO@$12 90. At