Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-05-05
INDIANAPOLIS, IND, MONDAY, MAY 5, 1862.


generally and stock and Government securities
materially advanced. The $40 Treasury notes
were up TO l31 prem, and the certificates of in
debtedness to ys34, in New York yesterday
The views of holders of provisions have also
been stiffened by the news, and the hope of a
Southern demand again revived.
The weather has been, on the whole, unfavor-
able for the spring work of the farmers. A large
amount OF rain fell. with chilly atmosphere the
greater portion of the week. Sunday and Mon
day il was rather warm and spring like, but be-
came cool again yesterday There ~as some
light frosts two or three nights, but not enough
to damage the fruit. Spring sowing is very back
ward, and according to the adyces from the
northwest there has been very little spring wheat
sown and il is stated that it is now too late to
it, that after April is passed, if sown it would
not mature. The loss of the spring wheat crop
would be a serious loss to the West, as the great
bulk of the wheat raised in Illinois, Iowa, and
Wisconsin is of this kind. The season may be
OF such character, however, as will mature
that sown in the last week of April, or the first
week of May. The oat crop will be short, it is
stated, owing to the wet spring. but this is doubt
full. An advance in prices OF -four in New
York, consequent upon the adyices from Eng
land, has had favorable influence on the mar
ket here, and prices advanced l5d20c. per bar
rel. with good local and some export demand,
superfne closing firm at S4 2J@4 25, and extra
at 81 3O(G4 40; fancy and family, 81 5O@4 60.
Wheat has met with an active demand, and
prices advanced to 93@95c for red, and 98c.@Sl
for white. Flour and wheat, to considerable
extent, have been received from Tennessee.
Corn advanced to 33c, and has been in active
demand.
Oats have met with an active demand, partly
speculative, and prices advanced to 32a33c.
Rye advanced to 5la52c, and in good demand.
There has been an active demand for whisky, and
it has been firm at lSc. The speculative demand
for this article continues, in view of the expected
tax.
Linseed oil is dull. and prices declining, closing
heavy at S6as7c No change in other oils.
Green apples have advanced to S3a4 per bril-,
and are scarce. Some choice New York sold at
So. Dried apples and peaches declined lc per 10,
with good supply. tltet
Molasses has advanced to 44a45c, in conse-
quence of the scarcity, and in some of the houses
are out of stock
Sugar is 14c lower on all grades, owing chiefly
to the decline in freights from the seaboard ports
Cuba is selling at Sa634c, and Porto Rico at ga
SIZE; refined. llall4c.
No movement in coffee, which continues dull
at l9al934c for fair to good Rio, though choice
samples bring 2O15c to 2lc: the sales are confined
to small parcels in the jobbing way.
All articles in the provosiOn line have been
held higher, but buyers not being willing to fol-
low up the advance, the business done has beer
comparatively light, but the market closes strong
aud buoyant.
The news of the occupation of New Orleans
has had very favorable influence on owners and
strengthens their hopes very considerably, while
the news from England is still fayorable-the
large receipts at Liverpool failing to depress
prices, as had been expected--and this encourages
Shippers on their side, and the indications at the
close were that higher prices would be realized.
As soon the Mississippi is opened-which
now must soon be the case-it is not unlikely that
a speculative demand will arise, something like
that after the CAPTURE of Fort Donelson, and lead
to an advance in prices which will be an excellent
time to sell out at good remuneratiye prices.
Mess Pork was held firmly at $40 75all at the
close. with buyers at 25c below these rates.
Bulk meats we're held at 315a514c, with buy
ers at 81 a5c.
Lard was held at Il in tierces and &c in kegs,
with good demand for tierces at TIC and keg
at 734 &c.
Bacon sides have been scarce, not much having
been smoked in the forepart of the season, there
being no demand for them, and 534c is freely
offered for them, but none to be had below &c.
No demand for shoulders, though they are Of
fered at 31aa355c.