Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-09-08
From the Cincinnati Price Current, Sept. 3.
Financial and Commercial summary
for the past week.


Financial and commercial circles have been
greatly agitated since our last. The suspense
garding the conflict now pending in Virginia. in
the vicinity of Washington, has been indescriba-
Bile, partly owing to the small amount Of reliable
information permitted by the authorities TO be
made public, but more especially in consequence
OF the fact that the entire rebel army had out
fanked our forces, and thereby gained important
advantages, and as this issue goes to press, the
result is not known 1t is admitted that if the
rebel forces defeated, that their is lost;
whilst. the other hand, if the Union forces are
defeated, il is quite probable that Baltimore, all
MARYLAND and the Capital OF the Nation will
fall into their hands. This suspense and agita-
ton of the public mind was increased and inten-
sifed on Monday, by the news that a large rebel
force had attacked the Government forces, near
Richmond. in Kentucky, point about $50 miles
from this city, and completely defeated our
forces, and the rebels are now in possession of
Lexington, and supposed TO be marching on this
city or Louisville, or BOTH This city was placed
under martial law Yesterday morning, and bust
ness of every kind suspended, excepting that
connected with the publishing of newspapers,
and the citizens were called out to assist in the
defense of the city. by the military commander.
Ii is hardly unnecessary to add that this unset
tied all business in finance and commerce. At
ten O'Clock in the morning the stores we're all
closed and the streets cleared of every kind of
vehicle, and the male citizens met in their re-
spective wards 20 respond to the orders of the
commander, Gen. Wallace.
The state of affairs in Virginia caused stocks
to decline, and gold to advance, and this contin-
ued to the close. The quotations on Monday, for
coin and exchange were as foliows
Buying Selling
New ork. $3.50. a az 8dis. par
Gold. .i6@if prem. Is prem
Silver. .-.......... 9 prem. ll@l2 prem.
Demand Notes. =. 7@71 prem
The news from New York last evening was
more favorable. Gold and sterling exchange de-
clined and stocks advanced.
There has been no change in -four or wheat
Both ruled firm at full prices up to Monday even
ing.
Oats dull, under large receipts.
Corn being in slight supply advanced to Csc,
the feed store keepers buying freely, owing to the
high price of outs.
Barley in good demand, and prices advancing;
the crop is very short one
Rye dull, and down to Sic The distlers have
stopped buying both corn and rye as they sus-
pended operations on the last of the month"; as the
presen. price of whisky would not admit of its
manufacture under the tax law 1t is now selling
at 2oc or this was the price on Monday, and the
demand light.
Pig iron has advanced to s35, bar to Sc, and
nails 25c per key.
Butter is l cent higher and in short supply
Eggs advanced 10 cents per dozen and are
scarce.
speculative demand for pork and bacon
coOperage still continues. and prices have further
advanced. As heretofore noticed this demand
is based upon short supply consequent upon the
large number of coOpers in the army now and
and which will be called outunder the draft, and
this in the face of a large supply OF pork the
ing season. and but large supply of cOoperage
on hand. Contracts are being made for pork bar
rels at 81.
There were no molasses barrels needed this
year and no whisky barrels of consequence after
this date, which throws all the hands upon other
cooperage and compensates 10 some extent for
Beef cattle advanced>5O cents owing to a light
supply.
No change in hogs
Linseed oil is in light supply and gone up to
IS cents
The high prices asked for pork and bacon, as
noticed in our last issue, were not sustained, and
holders receded 1zc on bulk meat, and yet there
was not much done until Monday when shoulders
were taken at 33<c in bulk and sides at &c. Ba-
con could have been bought at Az @554c. Clear
sides are held 3l97c. but not saleabie at over
616c.
Lard advanced TO 63<c, but was held at &c on
Monday There is not much here.
The business done in groceries has been of a
limited nature and sugar and coffee sold at rather
easier prices, though in the jobbing way they re-
nam unchanged
- "A dispatch to the Journal says the follow
M Indiana soldiers were brought from Centre
ME M 70 ashington on the LIST inst. and sent to
lnh"oe'pna. They we're in good spirits, AID
'0ne VI sne.F wounds dangerous:
Nins'ee1In indlana-James Baer, Co. d. of
Irahklln' Johnson county, wounded in the left
shoulder not very bad; John White, Co. |. Of
Stockton, Owen county. wounded in left shoulder.
not very bad; David Deem, Co. /, of Deem,
Owen county. wounded in arm and leg: Harrison
Stilley. Co. II, OF Edinburgh, johnson county,
wounded in head slightly; Richard p Craft, Co
ID, Of Lawrenceburg, wounded IN hand.
Neutrality-suspicious. w. Pierce, Co ID, Doth
Indiana, of Vandalia, Illinois, wounded in hand ;
George Dale, 10th Battery, OF Logansport, sick
not wounded; Morgan Kee, 10Th Battery. Of Gil
DO, Benton county, SICK not wounded