Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-05-01
Prom Cincinnati Price Current April 20
Financial and Com mc rcial su mary
for the Past week.

FINANCIAL and commerciai summary
Tor the Past week.
An increasing abundance OF money, without an
increase in the demand for it. is still the leading
feature in the money market here and elsewhere.
Acceptable commercial paper is anxiously sought
after at calO per cent. and very little offering.
In New York money is drug, at 5a6 per cent.
the former rate on call, and so large had the
amount of money deposited with the Collector at
that and other places, under the late law of Con
gress, reached that a treasury circular has been
issued reducing the rate of interest allowed from
to per cent, and the indications are, that even
at this rate, the sum deposited will soon reach
hity million dollars, the amount limited by TIE
act.
Exchange has ruled quiet, with supply FULLY
equal to the demand Gold has been less hrm,
and the buying rate is shade lower The quo
tatons are:
BUYING. SELLING.
New DIRK. par u prem.
Oold ................l1 y prem prem
Inc capture OF New Orleans by the Govern
ment forces has reached US through rebel sources,
and IS no doubt correct, as II Is not possible the
rebel papers would publish news SO utterly disas-
trOus 70 Their cause II II had not taken place. 20
all the rebel strongholds in the valley OF the Mis-
slssipp nave 0eeh 0uthanked, ana very soon the
river Will be again open 10 the Gull. Ihis news
OF the occupation of New Orleans by our forces
had most cheering influence on the public mind
generally, and stock and Government securities
materially advanced. The $40 Treasury notes
were up TO a prem, and the certificates OF IN
debtedness to 9s34 in New York yesterday.
The views OF holders of provisions have also
been stlllened BY the news, and the hope oil a
Southern demand again revived.
The weather has been, on the whole, untavor-
able for the spring work of the farmers large
amount OF rain fell with chilly atmosphere the
greater portion OF the week. Sunday and Mon
day it was rather warm and spring like, but be
came cool again yesterday. There vas some
light fr0sts two or three nights, out not enough
to damage the fruit. Spring sowing is very back
ward, and according to the adyices from the
northwest, there has been very little spring wheat
sown and it is stated that il 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 n serious loss to the West, az 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 flour in New
York, consequent upon the adyices from Eng.
land, has had a favorable influence on the mar
ket here, and prices advanced l5@2Oc per bar
rel, with a good local and some export demand
superfne closing firm at 81 2064 25. and extra
at 81 3OtG4 40; fancy and family, 81 5O@4 %
Wheat has met with an active demand and
prices advanced TO S3Cd95c for red and 9Sc. (c 81
for white Flour and wheat, to a 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 10 5la52c. and in good demand
There has been an active demand for whisky and
il has been firm at lSc. The speculative demaDt
for this article continues in view of the expecteC
tax
Linseed oil is dull and prices declining, closing
heavy at s6aS7c. No change in other oils
Green apples have advanced to S3a4 per brl
and are scarce Some choice New York sold al
S.. Dried apples and peaches declined lie per 10
with good supply.
Molasses has advanced to 44a45c. in conse
quence of the scarcity, and in some of the house,
are out of stock.
Sugar is 1ic lower on all grades. OWING chief,
to the decline in freghts from the seaboard port:
Cuba is selling at SaS3fc, and Porto Rico at "a
91sc; refined. llall15c
No movement in coffee, which continues dull
at I9al934c for fair to good Rio though choc,
samples bring 20l5c to Gle; the sales are confined