Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-11-06
Froua the Cincinnati Price Cur-e-t. Nov &
Financial and CONNIE rcial su ns mary
for the Past Week


for long time; but the demand having been
light. and having decreases rather than diminish
ei owing 20 the cl0seDess OF the currency, The
tightness has not been felt To any extent by the
business community. ard. compared With the
rate Of the money market in other Years at this
season, It Il absolutely easy a. To per cent,
outside the regular btnks. which. according u
disposition and laE. supply their regular custom
at per cent
The auciuations in gold have been but few and
small during the week. and the market in NeS
York has been unusually quiet. AID the closing
rate At the one clock Board there yesterday was
within fraction " the closing rate a week ago
Railway shares too. have been steady. without
any special excitement, but L ) coupon skies OF
1881 declined q per cent. during the week.
Ia this market the amount Of gold offered has
been fair. large amount OF that receired in
interest on o. 5 bond, on the list. is being sold
which made the offerings st the close much larger
than usual. There has been but limited c0un
ter demand, however. as few think there Is any
speculation in holding il. and fewer who can per
ceive any advantage in boarding IL. The offer
ings OF Government securities. such as ORDER,
&c, have been light. and rates are generally
lower. The rates for all at the close were:
BUYISe. SELLING.
sss ioT...... PSs@ pIs%.
.57g9 prem.
, ksn;get s,s bank notes. prem n,r%
order. on Washington. Isl]a Dis.
Certificates. y dis.
Qusrtermast~rs'
VOUCHERS. city,. sI&S7h
Quartermasters'
Vouchers county,. sale.
The home demand for United States stocks,
during the past two weeks, exceeds any which has
yet arisen; the average sales of pos. the last
ten DAYS. having been two millions per day An
increased foreign demand il noticeable and this
il no. surprising. because the interest TO foreign
ers is equal To 9 or 10 per cent. The wonder Is
that the demand from abroad has hot been larger.
but il shows the utter want OF confidence which
must have existed in the stability of this Gov
eminent. Money il scarce IN New York, owing
to the vast sums of legal tender currency which
are being taken out OF circulation in purchasing
Government stocks. The receipts of the Treas
ury vastly in excess Of the expenditures. In
the Sub Treasury in New York there il thirty-Six
millions. besides large balances elsewhere. The
sletdiness OF the gold market, has been respond
ell % in the produce market generally and there
has been great ste .diness Observable throughout.
and but moderate degree of acti~ity in any
article
Flour did not change perceptiblv during the
week. and the demand has been fair, though
chiefly local, aud the supply of the better grades
of fresh ground has been hardly equal To the de
mand The want OF water To run the mills, and
the unwillnghess of farmers to sell wheat AT the
current rates. the cause OF this. for the whole
agricultural community still entertain the most
extravagant ideas of the value OF produce. aud act
accordingly.
Wheat has been IN fair demand aud the mil
lers from the interior being in the market, prices
advanced > To DC per bushe
Corn has been IN good demand and at better
prices.
DTS further advanced with some speculative
feeling about the middle of the week owing to
short sales which had been made. but a portion of
the advance Wis lost.
Rive and barley unchanged
Whisky advanced 4lec and has been in
good demand
Butter aud cheese unchanged
Hay sold at 81 per ton higher and in good de
mand
Lnseed oil very dali and declined to 81 80
Petroleum unsettled. and prices lower and rregu
lar. There has been a considerable amount
pressing on the market. and the outside rates for
refined at the close were 62@64c. and for crude
23c, the latter rate not including barrels. Lard
in good demand and firm at 90695c.
The receipts of potatoes have been large, and
the market dull NJ 65G9nc.
Groceries firm. Sugar "a "a &c higher. Coffee
and mOlasses unchanged.
Not much done IN provisions. and prices are
about in the same position they week
ago.
There some demand for bulk sides and
about 700 600 pounds sold az 534c
Lard has been in moderate demand, hut the
market is essentially unchanged; l0lsc for city
and 1914 "a l05sc for country, are about the
rates.
The Hog market has not opened fully yet, the
weather having been too unsettled and the last
three DAYS far too warm To cure: but there has
been a demand for all offered at St net tor 300
lbs. average aud upward and 50 - for 1870 lbs.
average. The receipts have been light not
much beyond the ordinary fall receipts for city
use which is to be attributed To the large amount
of light corn which farmers have To feed. and the
mild weather There we're $500 head sold dur
ing the week At So. 1000 OF them on the spot
and the remainder To be delivered about the mid
die of the month The general impression is.
and il seems to Us well founded. that unless gold
advances materially these prices cannot be suS
tanned: and that soon the season fully opens.
aud the limited existing demand for early meat
is supplied. large decline in prices is inevitable,
unless gold advances as We have stated
The usual reports about short crop and no
hogs are being circulated. One report saws the
Government has bought large number of Ken
turky hogs aud is driving them over the Cum
berlaud Mountains 20 pack them at Knoxville
Tennessee Packers and dealers generally. We
may say. have no conf lence in prices. and ex
hibit no disposition To- operate based upon them.