Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-10-27


would destroy the Government: sooner than Civ,
up political power
New York next month will vote more over
whemingly against that radcalism than Ohio
has done. Massachusetts is preparing to follow
suit. Michigan will be revolu.ionized, and the
''blood letting" Chandler will share the fate q
Sumner in Massachusetts. New Jersey will b,
all right, and our near DeighbOr, Illinois, never
ont done in anything. will vndcate her reputa
tiOn by electng majority of conservative meI
to the House. She is already terribly aroused b,
the attempt to food her territory with the run
away negroes, whose very presence is offensive
to the people, and with whom they DO not wan
to come in contact in any way. While this gOot
work is being done in those States, Missouri
should not be found wanting in the hour o.
trial
From Cincinnati Price Current, Oct %
Financial and Com mmerciaI sum ma ry
for The Past Week.
The speculative movement in most kinds o
produce, led to an increased demand for money
aud the market has therefore, been less EASY, bui
all good paper offered was taken at Sal0 pei
cent. Gold has huctuated largely and suddenly
and a large decline has been established, partly
owing to the fact of its having been excluded
from the New York stock board, and bankers re
fusing to make loans upon deposits of IT, on the
grounds that the speculative movement had been
iostered 10y the previous course. and the credit OF
the Government thereby injured. This caused
immense agitation in the market for coin in all
the leading markets, and the week mas been as
remarkable for general decline in prices OF pro-
duce as the previous week was for an advance
Impertant changes were of hourly occurrence
and prices became greatly unsettled. Exchange
on tie Eastern cities has not undergone any al
teratiOn; the demand has been moderate
Silver declined in the same proportion as gold
and SD did demand nOIeS, but at the close the
market for all had assumed n steadier aspect
and tirmer under the advices from New York
The closing quotations were as follows last eve-
ming:
BUYING SELLING
New York par Is prem
Gold .............4 Pages prem. 80 prem
Silver r................21 ~ prem. 20 prem
Demand Notes. .20@22 prem.
The buoyant and excited market mentioned in
our last for the leading articles of produce, has
been followed by large decline in prices and a
week of great depression. The decline in gold
unnerved spectators, and they generally with
drew from the market The previous week they
acted as if 4O per cent. prem. the normal
value of gold; but the past week they wondered
they were not able to perceive the abSurdity OF
such opinion. Then they thought they built
their theories of an advance upon a solid basis;
but now they feel that il was as unstable as the
winds. 1t is true that tie prices of all kinds OF
foreign goods, and most articles of domestic
goods, aud most articles OF domestic produce
will be regulated by the price of coin; but it is
just certain that il will be regulated by the
manner in which the rebellion is suppressed, or
In other words, the war prosecuted, and this is
extremely uncertain, IT necessarily follows that
there is great uncertainty regarding the ups and
nf a cd ..l nd H,.lo, ~
l5c, but all this was lost early in The week. and
supe.fne -four, which had advanced to Sc 80.
declined to So, and then advanced to So 25.
Wheat went up to 81 % for red but fell back
TO s. and closed at 81 G2. Corn did not undergo
much change but oats advanced to SOC for new
and 55c for old Rye went up to &c but fell back
TO 6l. Barley very scarce, and wanted at 81 25a
/ 30. Whisky advanced to 34c but closes dull
Butter is 2d3c higher and the supply wholly in
adequate to the demand. Cheese advanced to
81, and in good demand
Linseed oil is held at 81 02al 05, but lots OF
any magnitude would not bring these rates on
arrival.
Lard oil is l0c higher. and in good demand
Star candles are la2c higher and tallow candles
lc. Soap has advanced &c The stock of star
is very light. and the tendency is still upward.
Mess pork advanced TO Sll. and 900 brs.
city sold at this rate but subsequently, it was of
meats and bacon have been held firmly, but the
trade in them has been light, the only demand
being that from the Government. Bulk shoul
ders may be quOtei at 414c Smoked at .436c
loose though held at Sc; bulk sides Sc and smok ed
do at 53Sa6, the latter rate including packages
Clear SUES still Offer ed mt 614 packed. Moth
ing done in lard for the want OF stock. Butch
ers il taken rs quick as il is made at S3<a9c
packed in tierces, and o1zc without coopera ge
iQ nrde of rrai.
tude for il could not be filed.
Salt is in active demand. and prices higher
Coarse Liverpool is upto 50 so per bag: fine. the
same; Syracuse, 50 50 per brl, and the supply not
nearly equal to the demand; Turks Island, 56s
5Sc; Kanawha and Muskingum, 60c per bushel
The rebels have escaped from the Kanawha Val
lev They did not destroy the salt works, as hai
been reported and d not succeed in securing
over 1000 barrels salt, and portion of that they
left in the mountains, for want of transportation
No salt, however, be brought from theme,
until there is rise in the river.
The grocery market has been firm, and suea
is 1Hc higher, and coffee &c higher, but the mar
ket closed quiet though holders were firm. Tn,
Government demand continues good for sugar
coffee and rice, which tends to swell the business
doing.
the market and hardly enough is doing in il Il
establish quotations. Sugar house is selling a
4Sa52c, aud iti this kind which supplies the place
of New Orlegus.
The crop of Sorghum raised the past summe
is beyond all previous precedent, and there is M
doubt that the molasses made from it will consti
tute the chief consumption this year Throughout
the interior. The process of making it has beei
greatly improved, and the quality of that now be
ing made is good, and the syrup, when refined.
very superior.
Pepper, allspice and all kinds of spices ar
higher, though the demand is light.
Beef cattle are 25c higher and the demand ha
been good; one of our packers bought quite free
ly. The receipts add up l,2U0 head, and th
market closed firm at 50 "a for prime
Sheep are in good demand at S3a3 so per Ger
tai gross.
The demand for hogs has beer quite aetivean
prices are 25c higher, prime fat bringing 50 ]
gross.
With regard to the demand for delivery in th
packing season, the week opened with an actiy
demand and about 7 600 head sold at 81 50 fo
November, but the decline in gold and sterlin
exchange wholly unsettled the market, and bu,
ers fell back TO S4a4 25, and holders who ha
been asking x5 were anxious TO contract at 81 s.
and so the market closed. There is no doul
that the high prices will increase the crop, as
has induced feeding to larger extent than ha
been anticipated or intended by farmers while u
price was nominally 50 or thereabouts.
The advices we have from the interior lead
TO the conclusion that the crop will be fully
| large as il WAS last season, and the hogs We