Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-10-29
From the Cincinnati Price Current. Oct. IS
Financial and Commercial summary
for the fsasr week

From The Cincinnati Price Current. Oct 2s.
Financial and rommerci"i summary /
for the Past week.
The gold market having been greatly unset /
tied. there VAS a consequent rresul.Tiiy ~ !
financial As well as commercial matters irUm day
10 day, and the quotations were good but from
hour to boar. The range Of the gold market
has been fully IL per cent. caused. no doubt. by
all sorts Of rumors plausible. possible and other
wise, regarding the managemento OF the affairs OF
the nation, in the Cabinet and in the field. The
news from England that the rebel ms had been
seized by the British Government caused de
cline OF some 5 per cent and then the removal
of Gen. R0secrans cut il b,cS again. and - the
market has been kicked up aud dDwn by the
crowd Of spectators which iuiest Wall and vii
liam streets IN New York aud the commerce of
the coun ~ made To respond To their freaks from
hour TO hour, which Is as Illuminating as IL Is
true
The continued pressure of exchange on our
market depressed prices and decline was estab-
lshed early in the week to "A Gl-l0 discount
ing. and par selling. at which the market
closes dull
Currency has been fully as close it was the
previous eek but whilst the tishtneSs OF the
money ~ nket continued, il Jas not been felt TO
any great extent. and the new National Banks
supplied their customers at their standard rate.
the range. The demand for Kentucky currency
has been steady all the week. and rates hTmer,
and round lots would comm and shade over our
quotations Government securities we're shade
easier. We quote:
New York.............. l-SGi-l0 dis. par.
Gola....-... -44G45 prem. 1901 prem.
Silver. b g3I prem.
Demand notes, .4Sa49 prem.
Kentucky bank notes. prem.
Indiana State notes. .pars4 prem.
Orders or Washington, "a di>-
Ger itcstes. / dis.
Quarlermastrrs'
Nouch r. city.-.....- 81 19S
Quartermastir
Vouchers county,. no sale.
The further advance in the rates Of freight bv
railway. which went into operation on Monday,
and the great irre- uiarity in the price OF gold
kept the general markets IN unsettled cond-
ton. and terially diminished the volume ot
business. Merchants generally, but especially
those who deal in -four, grain AMI provisions, have
felt the insecurity which hangs over the m 1T
jutcious Operations. and have retrAne,i. there
fore. from entering into adventures 10 n great
extent. They reason that al hough gold is l57
to day, il mty be ten per cent lower or higher
To morrow. and thereby wholly di,concert the
best laid schemes
Flour. ~ regards prices, is in about the same
position ii WAS week ago Wheat i materially
higher,
INTO market To supply them-eives a. the farmers
are not willing to sell at the quotations Corn
has been dull for ear, and lower. hut the Govern
ment contractors took sheled more freely aud it
advanced Rye aud barley have been in good
demand at our quotttiOns.
Whisky declined TO 53c, but advanced to 54c
again.
Potatoe- declined to sO@9Oc per bushel, and in
better supply
ID l.
NulS SIC per key higher, and scarce
Linseed oil 2C13c lower and the dem md quite
light BeeSwax. feathers and ginseng have
largely advanced. and the receipts light.
Hides and leather are higher aud active.
The grocery market did not undergo any ma
terial change; the demand has been light and
the market at the same time firm at quota.
tions, because they are in fact relatively lower
thin those current at the seaboard
In the provision market there has been rather
a quiet aud dull feeling Mess pork and lard
were purchases upon easier terms. but with any
improvement in the demand prices would 81 fien
up quickly TO the previous figures The high
prices at which hogs are opening greatly increase
the confidence ct holders. no doubt.
Grease and t.llOw are &c lower.
We are now on the verge of the pork season.
but there is not much compartivel, said about
hogs About 2,500 were slaughtered md packed
the owners account, and there have been "a e.
made of $40 head TO be delivered next week 4
Sc. averaging 2l0 pounds; $40 do at S. IS. de-
livered next week; and 900 do. AT So, avern--
ing 2l0 pounds and UPWARD. devere The middle
of next IN NTH; aud yesterday Sc freely
offered for 300 pound averages, without finding
many sellers. A good supply of hogs may be
expected the coming week from Kentucky, and
should the weather contnne favor ,b!e. general
opening OF the packing season. There Is desire
To get hams. and, there being Il ready market foi
the lower grades of lard there is no doubt that
Sc can be paid at the outset. but. should the tor
egn demand not exist. this price cannot be suS-
tanned for any time. and a large and sudden de
cline will be the result. Green hams selling
Mt S(d Sic. and. some time ago. sales made
for forward delivery at S34c; but this demand
will soon he supplied. and 30 also will that fUi
lard Dellers generally regard the prospects oil
tn. market exceedingly unfavOrahe, and the for
egn packers. many of whom are now here. say
thai none of consequence can be taken for abroad
at the present rates.