Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-11-10
WHOLE NO. 1918.
Prom the Cincinnati Price Current, Nov. g.
Financial and Commercial summary
for the past week.

Financially, the week has been a quiet one, as
nothing has arisen 70 disturb the market for pub
lie securities, or TO change the feeling regarding
the public credit in any essential particular. Gold
has changed bat slightly, and this being the great
motive power which regulates and rules Oh the
Stock Board and on Change, the fluctuations in
stocks and public securities have corresponded
with those in gold. Hope is stronger that the
movements now in progress against the rebel
forces will be successful, and il is this which
steadies the markets for gold and stOcks--those
who deal in them being, it were resting on
their oars 10 await the result. The demand for
money has been light, and the market remains
easy at ealO per cent. for good business paper.
and per cent. for call loans Exchange has
been dull, and declined to Il discount and par.
the latter the selling rate. Yesterday gold ad-
vanced in New York to l32, which stimulated
the market mere, and rates closed higher than
they had been at any other time during the week.
Our quotations for silver represent pieces from 25c
upward. Dimes and half dimes can not be sold
at oyer Is to lie. The closing rates for all at
the close last evening were as follows:
BUYING. SELLING.
New York. 1sdis par
Gold ............ .28@29 prem. 3l@32 prem.
Silver .23Q24 prem. y prem.
Demand Notes. .24@25 prem. q prem.
The demand for Tennessee and Kentucky
nessee. has lowered the discount on Tennessee
funds materially, and placed Kentucky at pre-
MUM OF Aal5, and this has been the case for
some ten DAYS or two weeks, but we notice that
the military commander at Jackson in West
Tennessee, has ordered all the cotton buyers off,
ia order TO prevent the depreciation of the Gov
ernment currency. Thompson's Reporter, of
last week, thus remarks regarding matters.in New
York, in general
"GOd and demand Treasury notes are dealt in
actively by the brokers of the street. and they are
not deprecated by being thrown out at the Board
of Brokers; nor are the amounts changing hands
from day TO day, in any way lessened. Until The
condition of the country assumes a more salts
factory aspect, gold, Treasury notes, and gold
bearing stocks will rise-no temporizing expedi-
ents will restore that faith that gives value to pa
"Under existing circumstances, a gold dollar is
worth more than paper dollar. The difference
between them rests upon national causes. Let
those causes be aggravated, and gold rises; let
the causes be ameliOrated, and gold falls. But
the Board of Brokers had way OF putting up
and putting down the price of gold, without one
particle Of change in national affairs. This was
evil, and so t is well that the registering ma
chine has stopped working on it.
This is no argument with us that gold is to
fall in price, that the people to be any bet
ter satisfied with paper money so long as they are
not satisfied with the management of public af-
fairs.
"0ur paper money is nothing but fractional
part OF our country. Ii is good, or medium or
bad, just in proportion the hopes or fears. the
progress or drawbacks of the public pulse Gold
is gold in any country.
al we were juryman making up a verdict
on the causes Of the present premium on gold,
we should 60 to work about as follows: