Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-08-28
FINANCIAL & COMMERCIAL.

tsDsAxarorIs. Saturday Evening. August p. 1881
n. demand for money good. bot the market i easy
Colrs paper readily discounted By the banks at 10 per
cent bat range higheT-fron u to 10 per
cent stoeks have sasprovea little duEing the week.
n~Hi be noticed b. our weekly price list that there
hasbe.a an advance IN some leading articles. GTOce-
re. remain sbeus the sane. There has been an in
crease In The price Of druEs-esPecsIIy the imported
tries.
Iron i frm the quotations. Nails firm and
scsrce and some tnbers are difficult 70 get.
Provisions are firm. Pork. lard and hams al
higher Cheese firm II advance. and
eggs are also higher ard searce Beans duh At our
qaOt.iions.
Our quotations Tor wheat advance Of the prices
given last week. and al he quotations for the besi
grades the price. hrm- The demand for bay not
active, bu; II be sold readily the quotations
There has been an advance IN hides Of cent per
pound, with corresponding advance IN leather The
trade "a fresh at the quotations.
Tia plate has advanced cents. cur quota
tons be remembered for the choice brands
only.
There has been advance IN feathers. beesw.E ard
ginseng, and the market IS active at The quotations
The ~hSesAie busisess this week has been good The
stocks good, and the purchases for the fall trade
have commenced arriving The Wholesale dry goods
house Of Pee Conduit a Cox Will open Avord's
bIock next week They commence opening their stock
taas week one Of our merchants. who has had large
experience IN the Cincinnati trade that the business
Of indianapolis more healthy than that Of the former
city. he knows Of desirable location
Several Of merchants, By invitation have goae to
Chicago attend The opening OF the Chamber OF
Commerce in that city, Monday next
Tha 0Qaua crou IN Indiana il reuorfCd failuFe-tba
Delaware aud catswbA having suffered the most from
ndew rot and diseases 10 which this fruit IL subject.
Apples also will be short In sections the peach l.
plenty but prices are high
The Chicago Times vors the reduction Of the duty en-
bhwines and presents the following reasons for mod
ihestiOn Of the Law:
sIf the tax remains unchanged, at a rate ten time
greater than the cost Of the product i taxed, premium
offered for smuggling, and evasions of the law
which cannot fail to lead 10 widespread generalization
Of public sentiment large class Of respectable bust
ness men. capital already invested in buildings aud
machinery, will be deearred frrm engaging In the
ufacture Of spirits and legitimate business this i'm
nense manufacturing interest will be destroyed. And
this without securing any considerable the
Government for with such tax, and such
drcernens for It's evasion the greater portion Of the
highwines consumed in this country will be the product
Of Illicit manufacture The Government may readily
watch and detect frauds pTaciced by wholesale In the
large disteries Of the Cities but when does this
simply dfuses the evil, without eradcayRg II, and
brings the temptation 70 engage In Illicit tAde home 10
class Of men whom il cannot detect to such extent
a. TO afford any protection the revenue when a
can produce st for $50. which he keep under his
bed and derive from il a revenue 81 30 day IL Is
folly 70 think OF preventing the Illicit manufacture Of
bighwines. The shameless frauds conn ttee by whole
sale by the large distleres have heretofore prevented
the manufacture Of highwines on small scale in the
closets Of dwelling houses, and having discovered and
broken up the distlleres the Government has opened
the way 10 this other class Of manufacturers and the
tIse distant when they will accept oppOr
tunity Probably those wO opposed the extraordinary
tar will Cbvate this stats Of fact by reducing the
such point that the inducements for Illicit manufacture
Will be removed"
,lold closed in New York al IA.