Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1864-05-16
From the Cincinnati Price Current, May II.
Financial and commercial summary
for M Past week.

for IA Past Week.
The movements of the Army If the Potomac,
which commenced on last Wednesday morning,
have been the great absorbing topic of the week.
rhe excitement produced by the war news at
tracted atteution from business TO n great extent,
and the probability of a large decline in gold, in
case of the complete success OF the Government
army. stopped all speculative and
caused an unsettled aud nervous feeling. Gold
declined considerably but not as largely rs had
been expected; il is generally conceded. however.
that a further material /, ecline will be established
in case Of the complete defeat OF the rebel army
under Lee, and this keeps all in suspense await
ing the news from the army with the greatest
anxiety from hour TO hour. The demand for
money has bten but moderate during the week
still the market has not been as easy as might
have been expected. The prevailing rate in the
street WAS 8 per cent though some good paper
WAS obtained at 10 per cent. The regular banks
discounted sparingly. Gold declined fully 10 per
cent during the week. and the market closed
weak At loo Not much done in Government
paper. but the market has been steady at our
quotations Rates of exchange have been a
shade easier.
ment paper, at the close last evening, were as fol
lows:
BUYISG. SELLING.
New YOrk..."".."..". par. 5oSl-lo prem.
prem. 40 prem.
Silver. prem. 60 prem.
Orders or Washington, IS 99s1
QuartermsSers'
The demand for the 1910 bonds continues
light. the sales having averaged about $40 900 a
day during the week.
The weather became quite warm in the fore
part of the week. and tile temperature suddenly
rose to summer heat. ranging from 81 10 "a about
the middle of tie day until yesterday, when IL
- - Hi
from IS to 50 in a few hours. The heat caused
vegetation to grow very rapidly, and was of i'm
mense service
The decline IN gold. and the strong probability
that il would continue. terminated all speculative
demand for produce, and the market has been
generally dull. though there has been no dispo-
sition manifested to press sales, OF to make i'm
portant concessions
Flour has ruled dull. and the prices during
the last few days little better than nominal.
Superine could have been bought at the close
at So 25@6 80. aud choice extra and family at
Sc 10.
Wheat dull, but held firmly; BUYERS offered
81 45 for prime red. and 81 so for choice white,
but holders asked SC. higher. There has been
quite an active demand for corn. aud prices are
higher. Oats have been in good demand. with
out special change in prices. Rye hrm. Barley
in good demand. Barley malt advanced to
81 75@l so.
Whisky has been irregular. but prices have
been comparatively steady. The speculative de-
mand has ceased TO a 7reat extent.
The speculative demand for mess pork ceased
and the market closed dull; city offered at S27
There has not been much done in bulk meats OF
bacon. but all are held firmly at extreme rates
Lard very dull. and prime city offered at 1870
quite freely. at the close. with hardly any de.
mand worthy of note.
The -.rI.& b.o hcor oxcaaIt,rl
quiet. and coffee declined fully lc. per 10 Sugar
was also procured upon easier terms. Molasse'
did not undergo any change.
There is a good demand for faxseed. and
81 IS was paid yesterday. Butter dull and prices
steadily ceclining--the warm weather rendered
roll almost unsuitable. Hay is higher but wal
dull at the close. a