Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1861-07-10
- From the Cincinnati Price Current July 8.
Financial and Commercial Summary
for tho Past Week.

hOI INC Eess Wccks
The money market remains in that quiet and
settled state which has been its prevailing feature
for some time; the demand from acceptable bor-
rowers continues light, and first class business
paper is wanted at 1922. Call loaps can be
made by parties giving satisfactory security at 6
The demand for exchange has been moderate,
and the market ruled steady throughout the
week there has been some demand from Chicago
in exchange ior Indiana currency, which has gone
into quite extensive circulation in Northern ILL.,
inois within the last month. Not much inquiry
for gold. We quote:
Buying Selling.
Gold. ......-.... 9k prem a9x prem.
Kentucky currency passes in trade quite freely,
and is now taken by the banks at 3z@ll dis
count, being further improvement.
lii hardly necessary to alude to the value of
Illinois and Wisconsin currency, as there is none
Of it in circulation worth naming
Missouri is IL to Is per cent. discount Iowa
8, and Illinois 40 to GO discount.
The weather has been very changeable and
quite cool the thermometer ranging from IS to
80 deg. There have been some heavy showers.
The wheat harvest is now progressing in this
vicinity, and the quality of the wheat is good,
though not very heavy on the ground, but the
heads are filled we'll. We have, had several
| samples of the new crop handed US, during the
week, the quality of which is excellent. One
hundred and fifty bushels new crop raised in
Nicholas county, Kentucky, sold onA Change
on Saturday. 1t of the "Hill" variety,
| and the quality very good. So far as we have
heard, there is good deal of cheat among the
wheat this season, and some complaint of rust in
in spring wheat, but the weight of the advices is
I in favor of an abundant crop. The weather is
very favorable for fully maturing the grain, and
cool enough to prevent too speedy ripening and
dry enough to prevent sproutng or mildew by
wet. The temperature is, however. too low for
| corn, which, notwithstanding, looks exceedingly
we'll and healthy, though the plants are small. !
| In the provision market there has not been
much done; andprices, in the absence OF trans
actions upon which to base quotations, have been
nominal to n great extent. Mess pork sold 70 the
extent of 400 brs, in the early part of the week,
| at Sl3 so, but toward the close, under more fa-
vorable alvices from New York, il could not be
bought below 3l4. The Improvement in New
York does not give evidence Of permanency. The
stock of all kinds Of barrel pork in that city, on
the LIST inst was sc, 026 bris, against 20 $50 brs
June lst and n $50 do. July LIST. last year.. Ba-
con has been dull, and very little demand. Some
small lots of shoulders were procured ut 414c-,
and of sides at 6lc, and clear sides at 14c. but
4 Mc. higher Isl, in most cases, asked by those of
fering to sell. Bulk pork is inquired for. and
prices remain nominal at 354,l 53 and s624 &C.
4 Lard has been sold at 75dc. in tierces and Sac
| in kegs, and not in much demand Notwithstand-
ing the dull market, there is not much offering
aud comparatively but little pressure to. sell
Summer made gut lard has been, sold as low az
Axe. Butchers selling at 53szc., buyers fur
nishng packages. - b, az =, I'D. I
/ Yesterday, lard in t:erces could have been sold
at 6@s16c,i and there was some inquiry for
smoked shoulders and hams at 411 and SIC
with sales of shoulders at 434lc, and of hams al
63<c, in fy-tight casks, Common hams can
yassed, sold a &C. Sugar cured bring l0c, in
small lots. 900 brls mess pork sold at $40 so
and lot Of bulk shoulders at 334c, packed.
The bu,iness doing in groceries continues full
up to the summer average of other seasons, and
as regards coffee it is above il, as We showed in
our last Sugar and coffee are irmer ,sand the
latter fully &c higher. We notice more DISPOSE
ton on the part of retailers buy more liberall,
than heretofore, especially as regards the city
trade. FAN to choice sugar ranges from 81 tC
TIC, and good to choice coffee l4@l41sc. Mo
lasses dull and 10 lower. selling at 29@3lc. Rics
declined to 6@GLc, owing to receipts from
Charleston ria Louisville.
Flour has been greatly depressed, buyers, un
der the continued unfayorable advices from New
York and England, holding back, so that prices
declined fully 25c. per barrel. and closed Eom
4 nal at the decline. 1t would be impossible te
sag what could be obtained for superfne at the
close probably not over s. Is. Superine wa:
offered at So 90@4 90, am extra 81 25ib4 IS
and extra family white wheat 81 65@4 20
! Wheat has declined largely, and closed nominal a
75c for red and 65@9ec. for white. There il
| not much offering. and not much demand. The
! near approach of an abundant newyrop, together
With the discouragisg news from England, indu
ces The belief that prices must further decline a