Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1861-06-05

Buying Selling.
Es'o1 Rev PsTsH PsT prem prem. IS prem
Philadelphia -----.------' pare prem - = prem
Baltimore ''..-'''..-.--'- pars% prem &e.s prem
/ -6Old- --.......-. ---.----- par = prem.
The Chicago bankers having discarded nearly
all the Illinois banks, together with stock banks
in the West, generally, we believe, and having
brought their money transactions 10 a specie basis,
has rendered this currency hardly saleable in this
market The paper Of the nominally solvent
| banks may be quoted at D dis, and the other
class IS dis. Missouri paper is IL dis. and Iowa
! dis. The Iowa currency is better, il vii be
/ seen. the banking system in that State is not
| OF the stock security class. Wisconsin currency
is classed with Illinois. The result of the great
change in Chicago is 70 put exchange on New
York down to par, and dull al that, and gold 10
| discount OF az per cent. On Saturday ex-
change sold at par for Ohio and Indiana currency
We do hope the people OF illinois will never
again permit themselves 10 be swindled by stock
banking
The advices from the East continue TO report
m0ue. abundant, at 5i96 on call, snd but Lite
demand for IT,
The new Government loan OF nine million dol
lars was all taken last Saturday at e5 and up
ward
A moderate iObbing business has been done in
most departments of trade. during the week, but
the general markets continue quiet, as dealers in
all articles cOnfne their purchases 10 sufficient
| dimensions to meet their current wants only. and
there is more done for cash and less on time than
heretofore.
There has been fair local demand for -four Of
the better grades, and the market ruled firm, but
supeIfne has not been inquired Tor 10 any extent,
and is duh at 81 1904 30, whilst extra sells az
| 81 6594 80; family at 81 91@5. and fancy
standard brands at S5@6. Prime to choice white
wheat has been in demand for export, asd choice
| Kentucky, which is in light supply, sold al 81 o.
and Ohio ana Indiana AT 81 l2@l Is but red
has been dull at 9Sc@Sl- Oats closed dull az
| 25c and are IN large supply. Corn dull az Sc
for ear; sheei nomir,l. No demand for il.
Whisky unchanged. the demand being supplied
at 1870. but there Is very little needed, and
though the cistilers are all running short, they
are, nevertheless. making more than enough 10
meet the demand.
Butter declined &c per h prime closing dull At
lie. Cheese very dull: new selling at and Did
at 6@7c, the latter for English dairy. There is
but very small amount arriving. but there is a
good stock Of old.
The stock of coffee being greatly reduced In
the leading markets west of this place. owing b
the supply from the South being cut off. there
were buyers in the market the past week from
Louisville and st. Louis, who purchased quite
literally, and prices closed with upwanl ten
dency, the stock being greatly reduced, = ne
being held at l4c.
Sugar has not changed, and been in far de
mand at full prices.
Molasses continues dull and heavy. and tho
sales confined to small parcels 10 meet the cur
rent wants of retailers: the leading rates for
i. prime being 3l@32c.
Manufacturers Of linseed oil. under the in
preston that the price had gone unecesssr sriiy
low, are Withholding their stocks from tho mar
kei, except they get soc Sales were made Sat
.urday at 52IS 053c
Recent legislation in Kentucky and Missouri
has injured the credit of merchants doing business
z. u. -
10 buy TO a great extent Tor cash; though. aside
from this matters look better in both those
States. the Governor of Kentucky and lis party
having utterly failed ;o induce the State 20 es-
pouse secession and the intel states Govern
ment having mercifully prevented Missouri .rolr
committing political suicide.
All kinds of food have run up 30 enormous
prices in the secession States but whether this 4
. owing 10 a positive scarcity, or 20 their newly
adopted shnplaster currency u not easy "a
Our impression is that the decline in the vaue n.
currency has been the chief cause of the advance
in food.
We notice that Memphis is drawing upon Me-
Orleans for supplies OF bacon. round lot having
, arrived there last week from thence.
There has been change in beef cattle: the
, supply is about equal 10 the demand. and the
market rules steady at 50 250S3 IS for good C.
choice. Hogs very dull, though the receipts are
light, but the demand is quite limited, the city
consumption being small and nothing done
by ice curers. Ii is difficult TO obtain owe.
! So gross, which, however, is helow the views Q
holders.
There has been but a limited business done II
= provisions and the prices ruled irregular Abou
= 700 brs clear pork were taken to fill army con.
= tracts, at Sl7. part here and part delivered q
: Hamilton and Mddletown, in the adjoining oountr
: : Small sales OF bacon have been made at 5s4 a.
for shoulders, 7b@7Z for sides. ana &c ioi
r .lo,. onl Of o7ltlLc -calrei IA
= There was some demand for lard in the fore par
Of the week, and about 400 tierces sold at e3ft1
S3z The demand was but limited bat the part,
having the order found il rather difficult 10 b'.l
at the quotatons City holders ask Be- IL
stock is light, and not much TO be had. Tn
/, lower grade of lard is very dull. and little or
demand. Butchers' 6@6l4. without brls.
Mess pork has not b,ea inquired for. IL Is o.
ferel at SIS 75@l6. Ramp pork sold as low a
l s. 75mlO
? Bulk meats have not been inquired for TO N,
" extent, and prices ruled irregular. Shoulders A.
05c and sides G. C.. bat these rates must be re
garded nominal, beng those askel.
: The stock held here are the largest in proper
ton of any In the West. At Louisville b0as
sides could be sold at IL &c, and clear do. o.
e l2l5c, with little or no stock, all having bee.
i shipped to the South. and the same may said e
other leading Western points.
u The feeling of fright 80 noticeable month Ct
so ago, in consequence OF The war, Is passr-
!; away 20 great extent and business is mprovil
= in many departments throughout the Eorshesi
: Sta'es. There is great abundance OF produst
and the country people are in an independent C =.
: diton, and able to buy aud pay for all artic.c
needed, the only drawback being the great corro-
cy arrangement in the Northwest. which b.
: robbed the people grand scale, and grea'
: crippled their resources.
! The late advices from England sre more nv
! able for breadstuffs. prices having advanced vi
good demand; but this Improvement may has
Z been caused by an impression prevailing in En-
l. land that the civil in this country viii nic
. fere with shipments from this country, which, e
: course. would be a most erroneous impression.
J. Commissary Mansur.
We learn from the reports Of the proceeiiE