Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-03-25

Circu alton Of state Banks...........s2 $500 O00 0eo
Legal Tender Notes -.-.-.------..-. 500 o 0Oo
Fractional Currency. .......-........... $1,000 90
Five Der cent. II a,ury Notes.. $50 ,ab. Oo0
National Bank Notes. ..-..-.-----------. loOoheoo
Present circulation. ................ $50 WO.iOO
Ia addition, the Secretary OF the Treasury
has the power to increase the amount as fol-
lows:
Five per Ire asury Notes $500 0o 600
Fracansl Currency. -...-......-.-...... J0OOV,oOO
The y itional Banks organized. are authorized
To issue 1920 900 900 in addition the amount
NOW in circulation, which thew will not do, how
ever. We presume. the risk beng too great.
But aside from all this. while the army con-
tinues idle, il Is now, apparently to the public
at least, gold cannot be kept down for any time
The eyes of the country now fixed on Gen
Grant. who has now virtually the control OF the
vital interests of the Nation, and il he succeeds
al will be we'll. but il not. then we must look
for higher premiums OH gold than has been gen
orally thought OF.
The demand for MONEY has been but mOder
ate during the week ard the market rules easy
AZ 6do per cent Gold closed at 62CG 621 & un
der the advices from New York with au upward
tendency Silver his advanced To 5ld 53c tor
small and large pieres. Orders on Washington
may be quoted ut to | discount. Exchange
has been firm during the greater portion of the
week. par buying and oDe-tenth prem sell
ing. The closing rates for all were "a toll
lows:
s .o'... sesss's prem 8 prem Prs%
Silver. 5la5S p-em. 53G55 prem.
Orders or Washington. $1,000.
Quarterm2sers'
Vouchers. city-9s
/ The trade of the city continues active in al
/ departments We refer 10 the jobbing trade in
dry goods, hardware, groceries and manufacture.
In -four, grain and provisions, there has been
but a moderate business done, excepting corn.
which has been in active demand. and prices are
/ materially higher, there being some speculative
demand based upon the expectation that Con-
gress. at its next attempt TO tax whisky. will be
more successful and tax il one doll "A gallon.
and this will enable distillers to commence
business again, aud bring them into market tor
corn
! Flour has not changed in value during the
week
Wheat is rather lower for red than it was
week ago
Corn is 10 to l5c per bushel higher.
! Oats lc lower. and rye Dc.
Barley unchanged and but liz lie doing, though
holders not pressing their stocks on the
market.
/ Whisky has beer rather buoyant holders being
ofthe opinion that much higher prices will be
i
under the advices FROM New York. their hopes
were realized to some extent. and prices run up
/ %, with strong speculative feeling. Ii i sup
/ posed that Congress will pass bill taxing IL 81
/ per gallon after the LIST OF July. but cannot
see why il should be put off I'LL then. Why not
tax it at oncef Ii dollar haG been put on it
at the onset, how much better il would have
been. For not only would the Government be
getting large revenue from it the last six
| h. hur. INN nf hq
time, spent by both branches of Congress in
legislating upon il this winter, been saved be-
sides the reputation of our National Leglsla
tors.
Butter and cheese are scarce. and both higher.
Cloverseed has advanced to 81 % Timoth, has
declined to 81 9OG3. and is uull
There has been out little change in the provi-
sion market. A good demand sts for bulk
aud bacon shoulders aud for hams. but mess
pork has been sold At lower rates
/ Lard has not been inquired Tor To any extent.
and prices nominal As general hing
however. the amount Offering OF any article. Is
small: city deaer> are ia general m IRE disposed
to buy than To sell
There has teen considerable amount of coun-
try cured pork sold. party delivered here, but
chiefly at points in the interior. ~ cGe11c for
shoulders loose and packed. "a @914 tor >ide'
loose. lO4@llc Tor hams loo-e, ard 81 AL
, for mess pork When delivered here. 14c gher
prices have been obtained. Heavy bulk -hruld-
ers delivered here would have brought e3sGo1a
n the close.
Old cit, lard sold. Yesterday. to the extent OF
5lO tierres. at ll7sc. actual tsre when packages
are emptied Prime new country has been
oifere at l2@I2L md city at l21sc. Head
ard cut lard 4, dull at llls@ll5sc
Bacon, shoulders aud sides may be quoted Al
90. l0l, and ll34c, with moderate jobbng
demand Tor shoulders and clear sides but hardly
T sny Tor ritz sides The demand tor hams cUu-
: tnues active and pressing, especially sugar-cured
and eurers are not selling large lots at the quota
u tions. for future delivery. the impression
being that prices must rule much higher owl l
To the unprecedented high price of fresh meats o
: all kinds Beef j. now retailing ia our marke
| at % to Doc per pound. which is dearer than
! hams at l6@lS
Beet catIie are fully 30 per GENITAL higher. Will
light supply aud brisk demand Sheep Ar,
scarce and active. Hogs rather lower. owing t'
: the large number of s.op fatted placed IN th'
z msrkel by distlers, who had suspended opera
tons. but receipts from the Interior we're yer!
light.
. The grocery market continues frmer Cofe
is Isc higher; sugar &c. and mOasses to p