The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-10-19
From Giacinnati Price Current.l
Financial and Commercial Summary
for the past Week.

/ rencY Is gGOd ana the demand from accept"
able borrowers very light, and is met fnlly
/ by bankers at I0012 per cent. The de-
mand Treasury notes have become very
generally difused among the people, and
none are being returned for redemption, and
the general disposition is to avoid this.
Owing to the falling off in the supply of
drafts drawn against shipments of produce,
the cause of which is the want of shipping
| facilities, exchange mas become scarce, and
| though rates, as regards the selling rates,
! are not quotably higher, the tendency at
the close was strongly toward an advance,
and bankers were willing to, and did pay,
| in many cases, I-9 prem. We quote:
Buying Selling.
New York. pai eS13pren1 zprem.
Boston. -par(913p z4pFem
Philadelphia. ....... par91sprem 14prem.
| Gold ............--.-.. .-...-...3s prem 12prem
Two year Treasury notes, owing to re-
| cent order from the United States Treasury
| Department to receive them at par for the
! Z $40 stock, are up to 995, and few offering.
There have been some changes in incur
rent money. Missouri, which was not bought
week ago, is now bought at 10 per cent.
discount, for all except the Union, Western
and Farmers Bank, which is 35 discount.
| Wheeling money 5 discount. Pittsburg
| City dis, except Bank of Pittsburg, which
| is par. The notes of the interior banks of
| Pennsylvania are discount. Kentucky is
now ( discount
The weather has been cool and pleasant,
though somewhat changeable, but on the
| whole unusually mild and favorable for ag
| ricultural purposes. The fall sown wheat
| looks very we'll so far as heard from, and we
are informed that there has been great
breadth of land sown, as the weather has
! been particularly favorable, and the induce
| r1a nd 8
The want of transportation facilities
| greatly interferes with business in -four and
/ provisions, and is being felt keenly by those
| who deal in those articles and if this be
the case when lake and canal navigation is
! open, what, we may ask, will be the mag
nitude of the difficulty when it is closed P
| The desire to get produce forward is strong
and general, and there is no doubt that
large stocks will accumulate in warehouses
| of the seaborrd cities before December, as
owners have been and will continue to be
| indsposed to sell at the current rates, ex-
pecting 10 realize far higher prices as the
seseon advances. This will place a much
larger quantity of -four and grain in the
Eastern markets by the 1st of December,
| than would otherwise be the case, and leave
less to 60 by railway during the winter
months so that probably the case may not
/ Do quite as Dau DIS Is OK peCkcu 4ucIc IL no
doubt that the Erie Canal will be kept open
until it is actually closed with ice, and this
may not be the case until in December, and
it is not improbable that the Baltimore &
OHIO Railway will be open by that time !;
so the railway men may not reap such a
rich harvest as they expect. As it is, how
ever, railway shares are rapidly advancing,
upon this basis, producing excitement in the
/ New York Stock Board of no ordinary ma
ture. We should regard the course adopt
ed by the grain and -four dealers of the
West, in placing their stocks at the sea-
board during the fall, very judicious one,
and it seems that their obtaining much
better prices than those now current is SIM
ply question of time.
Our aavices from Europe by the Asia re-
port a sudden and general cessation Of
French demand for breadstuffs, in the Eng
lish markets, and consequent decline IN
prices but this is evidently temporary, and
| kets, because it is we'll known that the
| crops in that country are alarmingly short.
We see it stated in some of the New Iorl6
papers, that high ocean freight5 are expected,
but we cannot see why this should be so,
as the vessels heretofore employed in the
transportation of cotton will be employed
in the transportation of flour and grain,
which must greatly increase the available
tonnage of the Eastern ports; and not only
this, but all the vessels engaged in the
Southern coasting trade will be available
The general business of the city is quite
brisk, and in some departments unusually
so, and the cash system having been so gen
orally introduced, renders the trade exceed
| lngly satisfactory. There is none Of that
ruinous competition, so prevalent under the
I III IN ard
their stocks with something of correspond
/ ing feeling that capitalist does his money,
and will not part with them unless they get
/ the cost price and fair profit, in cash, or
/ the most undoubted security, if sold on
| time.
+ The receipts for flour have been light, and
| there being good home and fair export de-
/ mand, prices advanced fully SC per brl
superine selling at 81 1904 rs; extra
4 1904 So; family 81 40, and fancy 81 %
! GA so. The market, under further adj
vance in rates of freight, closed heavy at
these rates, buyers holding off for decline.
Wheat has been in light supply, and good
demand, as regards the higher grades, and
prices advanced to so(0s6 for prime to
choice red, and 9o@93 for prime to choice
white; the latter nominal rate, as there
was none in the market.
Corn advanced to 30@3l, closing steady.
| The supply of oats has been inadequate
to the demand, and prices advanced to zoe,
closing with Il continued upward tendency.
/ There is quite large demand for army
purposes.
Rye advanced to 37(93sc, and is in fair
demand.
Barley remains dull, and prices nominal
at 40@45c.
The demand for Whisky has been active,
and being in excess of the supply, prices ad-
vanced to l44c, closing with a strong up
ward tendency. This demand is from the
manufacturers of alcohol chiefly, who are
working to their full capacities, and making
heavy shipments to New York There is
considerable foreign demand for this article.
Green apples have been in large supply,
and prices declined 75c per brl. Nearly
1000 brls were received during the week,
and but few exported
The Provision Market chiefly owing to
the high rates of freight to the East, and
the difficulty in shipping. has ruled very
quiet, and the business done has been
small Int holders were firm at fulI orices