Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-05-15

GUILTY IA obtaining money az per ceit
The dem I'D Tor exchange has been quite mod
crate, and the general aspect Of the market has
Dot undergone any alteration Gold l:,s advanced
owing to the advance IN New York not IN con
sequence OF any demand in this city. We quote:
Buying Selling
New York .--.----.--- par 14.prem
GoId............ 1929 prem. tss1E prem
The weather has become dry ans warm. the
thermometer during the day time being as high
as - at noon the lAst.three OF four days.
Spring work with farmers has been prosecuted
with great vigor and an immense brs- 9th of land
sown the last three weeks with oats and spring
wheat The ground has baked sosHe owing 10
the previous rains, and some rain issneeded now
to facilitate corn planting. The fears OF short
crops of spring wheat and oats. entertained in
April, owing to the late wet sprine, have been
dlssipated aud no deficiency in the crops for that
Is feared.
The scarcity of labor in the agricultural dis
tricts, owing to the large number oe men in the
army. will no doubt result in a diminished breadth
OF land beng planted with corn, more especially
the price Is now SO low; but good supply of
it will he in the country nevertheless, should the
season prove favorable, as a moderate crop. with
the quantity OF the crop of 1861 still in the hands
of farmers, will make the whole supply full
average one.
better, prUbibly there having been ~ frost 10 in
jure the buds.
Fall wheat looks wonderfully well in all the
States, and should this month aud the early part
OF June be moderately dry, there seems 10 be no
doubt that the crop will be "a large The
only danger is that it will grow too rank and
rapidly should the weather be of a forcing char.
acter.
There has been a moderate degree OF activity
IL. 4 a
lower, whilst those of provisions are generally
better. The unfavorable news from England,
and the depressing effect il had on the New York
market, caused a decline in flour and wheat,
though not to that extent which would have
taken place had the receipts been large, and had
had they been forced OH this market As it was.
holders we're not willing TO submit to he decline
asked by buyers. and in many cases stored in
preference TO selling. Supertne -four sold at
81 load 10. but WAS held at 81 20a4 %, and it
was difficult to buy any below the s,tter quota
tons, at the close; but it only by feeding the
demand as it existed, these could be real
lied
Wheat declined to 9Oa93c for red and 95a9Sc
white and closed dull
Oats advanced to 36c, and corn to 35a36c, with
good demand
Rye advanced to sic.
The disulers are buying corn AMI rye quite
whisky.
Beef cattle declined fully SOC per GENITAL, and
the market dull; good shipping lots sold at 50 25t
% gross. The supply was in excess OF the de
mand. Hogs declined 25c. AMI very dull; the
demand is confined TO the wants of the city butch
ers. No ice curing whatever doing this season
Sheep firm.
The Provision market has been firm and buoy
ant, holders not being disposed to 81 generally
a.. II.
from the South will soon arise, and lead to a
speculative movement aad consequent advance
in prices. and it has been difficult To buy, with
out paying the advance rates asked by holders.
Mess pork has been bought TO the extent OF 900
brls, on New York account. az so 50al0 10
for country. and $40 75all for CITY, closing at
the outside rates This pork was taken. We un-
derstand, To I'LL contracts made there Tor June de-
livery, and is being shipped by canal sind lake at
the low rate of 81 % per brl. There has been a
good demand for beef, and 1000 brs extra mess
sold at sl2 50; this also goes to New York to
hli Government contracts. Bulk pork has been
held at 3l5, Az and Size for shoulders hams
and sides, but these being above those buy
CTS were disposed to pay there has not been much
done
Shoulders and hams sold to a modetate extent
at 81 and 41ac picked, and if the demand had
been met at these rates, large amount would
have been taken
There has been hardly anything done in sides;
the demand for Liverpool has cetscd, though
shoulders and hams are being still taken for that
market
Lard has been in good demand, bul il was held
higher. which, to a great extent, checked bust
ness; 7lsc has been freely gtid TOR good country
rendered, and 754c for prime city, but at the
close under the adviceS from New York, the
market was less firm. The stock OF this article
a., .o.t, 4 l. L
ing held out of the market, under the belief that
it is the safest article to hold tll autumn, in view
of the large quantity which has already left the
country.
Butchers lard is dull at 6a614c without pack
ages head and gut at 61aa65sc, and kettle-r
dered cut AT csc.
Bacon sides have been in moderate demand at
$50. but at the close were held AT &c, aud not
much in the market No demand for shoulders;
they are held at 3S4 a4c. Sugar cured hams are
in fair demand ut &c.
A 6rmer market for sugar, coffee and molasses
in New York, has induced corresponding feel
Ing here, and prices of sugar in favor of sell
lers, and no forced sales making, VIII ch had been
the case to a great extent previously. There is
an improved jobbing demand, but all articles are
purchased sparingly and with reference to current
wants The importations continue light and the
amount gong into consumption lair.
Linseed oil is very dull and salable only in the
small way at c3ao4c Tbs demand is quite
light.
The whisky market has been greatly excited,
and prices went up to Die, but prices in New
FORK giving way, lc OF this advance was lost.
and the market closed at 2Oc The distillers are
making all they can. and dealers and spectators
are laying upa large supply for the future
Should no tax be put on the stock on hand, as
soon As the law goes into operation. all the dis
tlllers will stop and the demand will be supplied
from the stocks; and all dealers in the \ forth
ern or loyal States have been laying in heavy
stocks as well as numbers OF Others who are not
dealers. il is quite probable that any Northern
demand which may arise will be easily supplied,
ard that an unusually dali and liieess market
will follow. except Southern demand arises !;
indeed il would seem that the only hope OF estab
fishing any important advance, depends upon
this
There is an important question connected with
this matter, namely: in case of drawback 0eing
allowed. IN all foreign shipments OF alchohO,
equal 10 2c per gallon for proof spirits. will this
be allo~ei on shipments from the stock on handy
Should this be the case, owntrs will let from the
Government nearly rs much the article cost
them, and can make immense profit in addI-