The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1862-03-24
tFrom Cincinnati Price Current, March 10
Financial and Comm erciRI Summa-
ry for the past Week.


ny for the past Week.
Gold is declining, and public securities of
all kinds advancing, particularly those of
the Government.
The demand for money continues quite
light, and the market remains easy for good
business paper at 8@I0 per cent. for 80 to
60 day, and IL per cent. for 80 day. Sec
oud and third class paper is negotiated with
difficulty, as heretofore, and only at higher
and irregular rates. H ~ r -..sss, q,
The demand for exchange has been about
equal to the supply, and the markss ruled
firm at par buying aud 4 premium selling
and at the close the tendency was upward,
owing to an increased demand, and I prem.
was obtained, and ] prem. paid in some
cases. No permanent advance can be estab-
lished, however, while We have q uniform
currency. Gold is very dull, and hardly
any demand for it, and rates further de-
rate. la
License has not yet been granted to any
one to trade with the districts of courts
which had been in insurrection, but viii
soon now be issued by the Secretary OF the
Treasury, we understand. About fifty ap-
plications have be en- placed on file in the
Office of the Collector at this port. The
prospects are not fattering for much trade
at present. and we understand that goods
shipped from st Louis under the order and
by permission of Gen. Halleck found slow
sale at Nashville, aud had to be sold ct
loss. The people of the rebel States,
after they come under the rule Of law
and order aud the invlncible legions of
the United States, will, as individuals or
communities, feel very much like outcasts
from another planet, not knowing whether
- L Il Fo1k ttaff f1r
really need anything for some time
Money they have none of consequence,
because the great bulk of real money they
| had has been sent away to Europe to pnr-
chase arms and munitions of war, and to
| the North to buy food. 1t is a well known
fact that the quantity of gold or silver in the
hands of the people of the South never was
large, as they are not generally an agricul-
| tural people and their business was done
| through their factors and all on credit, aud
/ the latter made their exchanges through
the North, 80 that their cotton and other
crops must first be brought to market be-
fore any trading can be done and not only
this but the bitter feeling which now evil
IDENTIFY exists must be quieted down to some
! extent. aa
/ The tax bill is now before the House and
is being remodeled to some extent; the mis-
takes and incongruities are being detected
The clause taxing -four has been very prop
erly stricken out, as it was seen that II
would have completely prostrated the mill.
ing interest and if q drawback is moi
given on foreign shipments of alcohol, the
duty on whisky will have similar effec
on the distilling business. The tax pro-
posed to be laid on the newspaper business
would have ruined it, but this also has beer
changed.
The general business of the city is gooC
and is Improving there is,more hopeful
j.. ness and confidence in all departments, ant
our business prospects grow brighter. Ii
the forepart of the week the market con
tinued dull for provisions, and there wa
very little done, buyers contending for
decline. Friday and Saturday holders mad
concessions, with an increased desire t
sell. and bnIk meat was sold at &c for shoul
iers, and 44c for sides, and 4c for bans
and at these rates buyers came forwar'
!. quite freely, and the sales during the tw
: days reached 100000 lbs. at the quota
tions, chiefly sides, which were taken 70
shinrnent to Liverpool, together with som
hams. The shoulders were taken for tn
East, including Pittsburgh and Wcster
PennsyIvanis. Included in the sales wei
100. OOO lbs hams and sides prepared for th
= English market, at Terre Haute, Indiani
4. at SC for Cumberland cut sides and 54e fc
long middIes packed in boxes and delivere
at Terre Haute, and So s5 for hams, packe
in boxes and delivered at New York; al;
700, 900 lbs bulk meats at &c for shoulde
a and Al for Sides packed and delivered
Chicago.
There were sales of city mess pork
$II, and of country at $40 "a. This d
mand satisfied the views of holders, and
Mondays market all articles were he
higher, but this checked the demand, bu
- ers refusing to pay any advance; and th
z being the case st yesterdays market, the
y was an easier feeling on the part of holdel