Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-02-19
From the Cincinnati Price Current, Feb. H.
Financial and Commercial summary
for the Past eek.

The principal feature OF Importance in the
financial market during the past week is a large
advance IN all descriptions Of government secu
rites. The hrst impetus was given To the mar
ket by heavy orders from Europe for sizes of 81 ,
which advanced suddenly from l07is to 40 At
New York. Yesterday The quotations were: 6's
81 coupons. III; los. llllS: ) POS, 1868
@lOi12; one year certificates. 993a In our
market 5-20's sold at l07 for November and
io5 for January dates. buyers getting the accrued
interest. but Yesterday holders asked 100 and
1919 The demand here. however is not very
heavy, and It would be difficult to dispose of
large amounts. except with view To re sales in
New York. The impression is that when the
new loan comes upon the market. as il must at
10 distant day, prices OF 5-2Os will not be sus-
tanned.
Gold has advanced ard We n)w quote CD pre-
MUM buying and 81 premium selling. Silver
advanced to 53Cd5i premium for large pieces
Orler, on Washington have advanced to g93aG
99la for large amounts. and $685. for checks Tor
S2,uO0 aud under City vouchers are saleabe
at "a dis Exchange is scarce and firm AZ par
buying and ~ premium selling dealers some
times paying 25M5O on the 81 600 premium
Baltimore checks 3a@li dis bu,ing. and par
selling. Currency i ~ good supply. and the dis
count market rules easy At 6Ge per cent We
quote:
GoId........ So prem 81 prem prem.
Silver. So as5i prem. 55d56 prem
Orders or Washington ,s95s a99;.
Quartermasiers'
Vouchers, city.-.....- 9s4
joint resolution has been prepared by the
Ways and Means Committee of the House au-
tborizng the Secretary of the Treasury 10 sell
at ms discretion. any gold he may have on hand
over and above the amount necessary to nav in
terest on the public debt He could now. it is
said. spare Sl2 900 600 This privilege. which
will undoubtedly tee granted vii be held as n rod
over gold spectators.
In our general markets here has been con
tinned upward movement in provisions. and a
further material advance has been established in
prices
At the elise YESTERDAY. mess pork was in de :
mand at S2l 81 for good country. and S22 for
city brands. tut these figures we're 50c below the
view OF holders generally. All To- be had at the
rates asked were taken Lots deliverable at in
terror points sold At S2l, but at the close there
were more BUYERS than sellers nj this price The
fact l.. the bulk OF the stocks having been bought
by spectators who are holding in anticipation of
further material improvement. is virtually out
OF the market. AMI if the present views of sellers
were acceded to. SOC more would he asked Con
sequently, the volume of business is compare
tiveiy light
The same remark applies to bulb meats The
quotations tor these are '5ldc18 for shoulders
9la@lOc fof rib sides: l054 a lc for clear sides:
IL; for common hams. all exclusive of pack
ages
No bacon in the market. except sugar cured
hams, which firm ~ 10.
speculative dem al sprung 40 for lard YES.
teriny. and 1000 IierceS prime city sold 1T l3c
Prime country may be quoted ut 1921 SellDs
were not free at these figures at the close. Kec
i held at l5c. Held and GUT sold at llSe..
No boxed meats Offering
Flour and wheat are DALI hut prices are not
quotably lower. The stock of -four is large, and
heavy sales could not he made except at de-
cline Superfne for shipment would not pay
over 50 %, but IL could be sold perhaps nj
50 %. The advice from New York Yesterday
caused veTy little better feeling at the close.
Very little doing in corn BUYERS and sellers
being 3(d5c apart ia their views
Oats declined to 19G1 Zoe in bulk
Coffee advance u; sugar e, aud moasses
2d3c, but for the latter the Improvement VAS
only partially established. There is n fair job
bling demand
Whisky dealers are in suspense, owing TO the
uncertain situation of the tax question. The
price IS Soc, but there are not many BUYERS.