Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-07-17

this State prohibiting this At present dealers
add the premium TO the silver given or taken,
and this seems to work we'll for instance. ii a
buyer pays hlty ceuis in silver il is callel hlty
five cents. and rice rerss
The demand for exchange has been quite mod
crate. but the supply being light, tie market his
ruled steady. The following were the closing
quotations last evening, for exchange, coin aud
demand notes:
Buying Selling
New York.. .1S@14dis. par
Gold. .....-.. .l51s a 10 prem. IL prem.
SuNer- --.. .-.------o prem ~ prem
Dem md Notes. 49,. .6lsprem.
The exhibit OF the leading Western banks,
made mp TO the 1st inst, show that these institu-
tons are IN very safe c0nd ton; that, instead
OF general expansion, they have been Contract
ing in many cases. and in none has the exptn-
sion been large, and contraction is now he rule.
The Treasury notes are now being paid out free
by BY bankers, cessing to be a select currency.
The fear that England and France will recog-
nize the Southern Confederacy and thereby bring
on a war with this country, is now. since the re-
verses at Richmond, pretty generally entertained
and many think that there Is great danger OF this
Both England and France will De guide! by poll
cy in this matter, instead Of passion OF this all
may rest assured. and soon they suppose
their interests will be promoted by it they will in
terfere. but not till then. Both countries know
ern Confederacy will not bring them any nearer
to getting supply of cotton, but the reverse;
and more than this. that "A with this country
would place the cotton supply still further from
their grasp--thgt the aristocrats of England are
i'm favor of humbling the United States, there
can be no DOUBT, but this is the off>hoot of pride.
The prompting OF policy is quite another thins.
So far as heard from. the wheat crop is very
good, and the quantity and quality of the crop
rat.., fha he ia film
partly owing to the late spring. but chiefly to
rust, which has destroyed it in various sections.
The grass crop is very large. The wheat crop is
generally cut.
The demand for -four has been very light. and
the marke. dull and heavy. Inspectors stand
ards of super6ne can lie bought at 50 70a3 80,
and of extra at 50 90a4 90; fancy. 81 l0aI 50.
A lot of 80 brs fancy brands, made from new
wheat sold at 81 %.
Wheat has been good deal unsettled There
has been good deal OF new received, and sold
at I5aoOc. the range for red and s5a9Oc for
white, on the spot. 1t is chiefly tnken for X
port Prices Of old are about the same as new.
The new wheat now arriving is of most supe-
rior quality; we never saw any to excel il in this
respect. A sample of white is now before uS,
from Fiyette county Kentucky. Ii weighs six
ty six pounds per bushel and the berry is of AN
unusual size 1t was raised from seed imported
from Spain two years ago.
Corn declined to 32c. and is dull Oats decli
ned TO 34c. We NAV look for an advance in this
article soon the failure of the crop becomes
generally known Rye declined to 45c, and is
dull Disters buying grain now sparingly.
A very erroneous impression went out through
the country last week to the effect that the til X
law, bv virtue of an amendatory act. would 90
into effect on the 2lst inst 1t proves to be that
the act authorizing the appointment OF assessors
not to 90 INTO effect until after the 2lst inst
instead of after the bill signed by the Pre-i
dent. 1t is somewhat sill guar that more correct
information could not be obtained Of the change;
even parties in Washington were deceived by IT,
and distillers and manufacturers have been busy
all the week removing their goods from the fac
tories
Whisky remained at 2sc all the week, with an
active demand at times, the market closing rather
weak
In groceries there has been quite buoyant
feeling ana prices of all Acknowledgement lie and
coffee l5c per ID. and molasse> &c per gallon.
Spices all hgher-pepper 22a23c, pimento
1920. cassia 40a42c and nutmeg s0a90c The
tariff and high price of gold have led to this. and
the end is not yet. a further advance in all
kinds of foreign goods seems inc, table.
Dry goods of all kinds advancing and are
sold sparngy.
In the provision market. with the exception of
lard and hams. there is nothing doing. and prices
remain nominal Lird advanced to Sc. There
Is good aema~l for sugar cured hams at : IN
Size Mess pork advanced SOC per brl in New
York during the week, closing at Sll. This is
in consequence of the advance i'll gold.
Beet cattle declined 25c. aud are dull. Sheep
scarce and rather higher. Hogs unchanged and
firm The butchers are now slaughtering freely
anu trying out the whole carcasses for the lard
as manufacturers have been buying freely.