Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-04-30
From The Cincinnati Price carrsni. April -
Finnnc ~ and Commercial summary

fihhnl ~ and Commercial summary
for the Past ~ eek.
Goid moved upw lrd d Tie extent Of per
cent during The week. without any definite rea-
son beng agreed uuoa ~ = the cause Of he al
vance, though the question 1as discussed very
iully. The credit Of the Government is surpris.
ihsiF good; the srmy beingpaid and all the back
Indebtedness cleared up. Covernment stocks are
mgher than 1t any time FOE several mouths and
YET ~ the face Of these fActs the Wall street
buils succeed in forcing up gold ; per cent. At
the close, however, il wss dull and fully per
cent. OF the advance was lost yesterday in New
ork Prices of foreign o8ercha ndise or donies-
TIC produce have not responded TO the gold adj
vance y any extent. indicating a want OF conf
dence on the part of the nsercantile community
~ it, premaaency. Il W supposed that he
olll bending in the New Y irk Legislature. pro
hiotlng speculative trans4skions in gold. and
when will likely pass thafhDdy, had depressed
prices. aud an assurance tbst the Governor Of
that State would veto this o. should il pass had
caused gold to co mp in the manner mentioned.
Still public opinion regardihg this and AL other
alleged causes, is greatly Unsettled. The
tnued stagnati0n Of trade Increases the supply
OF unemployed capital. and the money market
remains dull aud easy at % 5 per cent. for long
and short paper Ii Is exceedingly difficult TO use
money now safely. to any adsansAge. and there
lore good business paper is tDxiously sought tor
at our quotations.
There HIS been but little done in coin. in our
market. The amount Of god offsiel from day
70 day Is small. and there is no demand tor 1t.
The offerings of demand nosss are light. also.
Exchange has not undergone any alteration. We
give the closing quotations as follows:
BurIyo. SELLING.
New York.............. BAR ! prem.
GOLD 45ass PREM prem
Silver. .sO935 prem. Sass prem.
Demand notes. .45e4s prem.
Indiana State ao.' notes. dss... i3s9 prem.
Ohio State notes ........ par.
Orders Washington,
new.....-.......-.. dis.
Certificates. ............. dis.
QuartermaSters'
Vouchers. oity........ "a dis.
Vouchers, country..... 394 dis.
Stock for two banks. under the law of Con
greSs, has been subscribed in this city, one
amounting to 81 .0na 900. and the other 500.
600. The subscribers composed chiefly Of
our leading business men. About two hundred
companies formed To do business under this
law in the loyal States II i probable that the
currency will not be ready before fall, as we un
defstand that the designs have not We, been adop-
ted. bis war has already produced wonderful
changes in public sentiment Here we have a
National banking System adopted. and a uniform
currency, which two years VAS regarded by 0uI
statesmen a. a thing impracticabe and impossi.
BILE to be introduced, and that, too, BY man who
few years ago would have laughed at the idea
and the plan he has now suggested and intro
duced, had they been proposed to him NJ Chase
is one of the great men this war is destined to
bring TO the surface and make act leading part
in this great struggle.
The weather has been mild. with good dea
of rain, but not too much tn interfere with the
Spring work of the farmers. Vegetation is going
on RAPIDLY, and the accounts from all parts of the
country say that the wheat is doing very well
and that the fruit crop promises 10 he most
abundant one. The ground is in splendid order
to get in the Spring crop.
Business beyond the retail and obbing lines
which have been good. has been very dull
throughout the week. and but few new features
have been developed calling for special notice
Flour has been dealt in sparlngly. Wheat was
rather frmer and met with fair demand. Corn
and oats dull, and prices lower.
Whisky lower and very dull There is great
complaint existing regarding the unequal manner
in which the excise duty is being collected It is
alleged that a large amount is being made in
Kentucky, and interior points IN all the States,
which pay no duty: and should this continue il Is
supposed that those distllers who pay duty will
have to stop 1t is quite probatse that there i a
great deal of truth in these comp aints and more
than this it is probable that similar troubles ex
isl in other departmsnts or k.AnufactRres as weA
as whisky.
The provision market has been very dull and
but little done, nor has there been any demand
of consequence.
Lard. owing the advance in gold. has been
held more firmly but prices of other articles have
been in favor OF buyers.
The grocery market has not changed in any
essential particulars, and the demand has been
light