The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-04-29

light and not equal to the demand,
and currency had to be transferred to
keep up balances. Government bonds
are all higher.
The cool, chilly weather which pre-
vailed in the fore part of the week.
soon passed by, and the temperature
increased until Sunday, when 1t
reached So ct noon, with close at
mospheTe. 1t changed Sunday night,
and the thermometer fell to so. with
a chilly north wind. Vegetation has
progressed rapidly, and the fields and
forest trees look green and spring.
like. Farm work has been prosecuted
under the most favorable clrcum-
stances, and the accounts which reach
us from the Western States, as re-
CARDS the condition Of the winter
wheat ano the condition of the spring
seeding, are of the most favorable
character. A correspondent writing
from Charlottesville, Ind, says that
the agricultural prospects of the coun-
| try have not looked so favorable for
many years. The light frost we had
week ago, had Injured the first
! blossoms, but as the sequel shows was
not SO badly, so that the prospects are
still favorable for fruit. 1t is many
years since the weather has been so
| favorable in April for working as it
has been during the present month.
The indications are, so far, favoTa-
| BILE for abundant crops, and the
farmers are already specializing
upon the proper value of wheat
in case there is another full crop of it
the present year. The general bust
ness Of the city has been quite active,
and very full prices have been real
lied without speculative movement In
any department. The supply of flour
and grain has been moderate, and the
market ruled firm, especially for corn
and oats, which have brought better
prices. The distilling demand for
corn has been good, owing to the I'D
vance in whisky, and the anticipation
Of still better prices being obtained,
consequent upon the expected increase
in the tax.
The provision market has been
buoyant, and all articles have further
advanced, holders selling reluctantly.
Lard and mess pork have attracted
most attention, and it has been diff
cult to purchase round lots of either,
at the current rates, from day to day.
There has been a good consumptive
demand from the South although deal
ers In the consuming markets buy
only with reference to their current
wants.
The bonds of the United States are
quoted lower In London than they
should be, because a different basis
of value is used. For instance, in
exchange and the sale Of American
securities in London, the dollar is
called As. Cd; consequently, when
our bonds are quoted at Sc, they are,
in fact, worth 94f in gold at the
standard value. The American dol
lar contains % 22-10Oths grains of
pure gold, and an English sovereign
contains 113 grains ofpure gold; there
fore, if the latter is worth 20s, then the
former is worth As. lid. and small
fraction Of farthing. In exchanges,
and the sale Of American stocks, the
dollar is reckoned at As 3d.; conse-
quently, when American stocks are
quoted at sc, the price is about 94f,
being Sc 4s. Cd. dollars for 100 As. l Id.
dollars.
Sugar and coffee have been dealt in
largely, and at rather better prices.
The supply of New Orleans sugar and
molasses has become quite small, and
prices tend upward.